Utrecht, The Netherlands, November 1, 2022, Chainwire

The DUA token will become the first project to appear on the AllianceBlocks peer-to-peer crowdfunding platform. Dua is driving the domestic economy and matchmaking experience of the international immigrant, expat, and diaspora communities.

In August, AllianceBlock launched Fundrs, a peer-to-peer funding platform, on the Avalanche and Ethereum Mainnet networks. This launch marked a key milestone for AllianceBlock, fulfilling the vision of a reputation and merit-based crowdfunding platform that began its journey in 2019. Today, the Fundrs platform comes to life with the official listing of the DUA token.

Fundrs is the result of years of work for AllianceBlock, starting with a vision in 2018 of a decentralized sharing economy enabled by a fully decentralized peer-to-peer funding platform based on reputation and merit. Fundrs uses a decentralized infrastructure that allows blockchain-based projects and traditional startups, called “Seekers,” to receive funding from platform users, as well as provide access to other types of funding available later in the day. investment cycle, such as convertible loans, peer-to-peer loans, and more.

The dua Foundation is the first project to be officially listed on Fundrs, its utility token DUA will support the new economic system around globally fragmented communities.

After raising $4 million in a Series A round, Swiss-based startup dua AG announces plans to tokenize its more than 5 million users through cryptocurrencies and decentralized technologies. Dua Foundation, a non-profit organization based in the Netherlands and a partner of dua AG, has recently published a White paper outline plans to introduce globally fragmented communities to the SAD file and Web3 via the dua.com and spotted.de apps.

The DUA Utility Token will power the ecosystem of apps (dua.com and spotted.de) that focus on connecting relationship seekers based on similar characteristics such as; values, education, religion, origin and language. The tokenized experience creates a reward system based on in-app activities and user reputation that drives end-users’ ability to participate in and benefit from a fairer economy. The DUA token will also be used to purchase in-app subscriptions, and businesses can use it to advertise their products and services to the duas user base.

Ardit Trikshiqi, Director of Payments at dua.com “The launch of the DUA token is a first for the matchmaking industry. DUA will enable 5 million dua.com and spotted.de users to participate in a participatory virtual economy that offers a wide range of services and is growing exponentially every day and millions of people and businesses, part of globally fragmented communities that are not being backed by traditional financial providers such as banks or money transfer operators”.

The ecosystem powered by DUA will offer communities that do not have access to traditional financial services an easy way to access and participate in DeFi services directly within the applications. A built-in wallet will open the door to remittances, payments, and on-chain lending opportunities for millions of people who have historically been financially underserved.

These communities will have access to autonomous identities through the use of dua_ID, a solution that collects the online traces of users in the form of reputation. This bundles a user’s online presence together to create an immutable online identity that companies can use to vet users with certain reputations so their communities and platforms can create a safe environment for people to participate.

Rachid Ajaja – Founder and CEO of AllianceBlock “Fundrs is a revolutionary step in our vision towards a truly decentralized participatory economy. It is the culmination of our original vision in 2018 to provide unbiased access to a peer-to-peer funding platform based on reputation and merit. With dua as our first listing, we will be able to target globally fragmented communities, which is fully in line with our mission to provide access to the best companies in a fair, transparent and inclusive sharing economy..”

As we transition to a decentralized economy, platforms like Fundrs provide the launchpad for young businesses to access advice and capital that is traditionally available to a select few. By creating an end-to-end development infrastructure for blockchain builders, AllianceBlock has been able to facilitate a seamless gateway from traditional to decentralized finance. This creates a new startup-as-a-service model, enabling capital providers to become an incredibly important part of the life cycle of any project, giving them the opportunity to play a role in financing, advising, marketing and the operation. of any project. Dua is the first project to tap into that vision using Fundrs, and as it is officially listed on the platform, it becomes the first in a long list of innovative companies that want to be included in a participatory economy that upholds reputation and merit.

About AllianceBlock

AllianceBlock is building transparent gateways between TradFi and DeFi by fixing problems in both spheres and linking them more closely. AllianceBlock sees the future of finance as an integrated system where the best of both worlds can work together to increase capital flows and technological innovation.

They are building this future by marrying traditional finance with compatible, data-driven access to new decentralized markets, DeFi projects, and ecosystem scaling tools such as financing and interoperability. As such, they are building a next-generation financial infrastructure that aims to provide regulated financial entities around the world with the tools they need to access the DeFi space seamlessly.

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About dua Foundation

The Dua Foundation is a non-profit organization based in the Netherlands, central to the promotion, growth and development of fragmented communities globally. His blockchain and strategic advisors include AllianceBlock co-founders Rachid Ajaja (CEO) and Matthijs De Vries (CTO), SEBA Crypto AG and former IBM executive Christen Oesterbie, dua AG founder and CEO Valon Asani , and DeFi entrepreneur and specialist Dite Gashi.

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dan edelstein
pr@marketacross.com