July 29, 2021

EMURGO Partners with Occam.fi to Develop Cardano’s DeFi Landscape

EMURGO-Partners-with-Occam.fi-to-Develop-Cardano-DeFi-1

EMURGO Partners with Occam.fi to Develop Cardano DeFi

SINGAPORE JULY 29 2021 / EMURGO Ptd. Ltd. – EMURGO, a global emerging technologies company and a founding entity of the Cardano protocol – announces the establishment of a strategic partnership with the Occam.fi ecosystem to help foster the development of Cardano’s upcoming DeFi landscape.

Built and designed in line with Cardano’s vision, as well as its development roadmap, Occam.fi unleashes a rich suite of decentralized financial services to help meet a highly increasing global demand for such services on Cardano as the Cardano roadmap gears towards smart contracts integration.

As one of the founding entities of the Cardano protocol, this partnership will enable EMURGO to provide strategic guidance and technical expertise to help Occam.fi deliver on its mission of building the fundamental components required to catalyze Cardano’s DeFi capabilities.

The first component of the Occam.fi ecosystem to become publicly available is the OccamRazer platform, a decentralized launchpad that will become the accessible platform to easily connect the next generation of promising Cardano-based decentralized applications to interested participants.

OccamRazer’s native protocol token OCC serves as a key instrument to power its entire decentralized services ecosystem via strong economic incentives for its holders. These incentives include, but are not limited to, liquidity pool participation rewards, OCC staking rewards, voting privileges on governance initiatives, and others. These structured incentives aim to create a positive feedback loop that strengthens the overall OccamRazer ecosystem with stable governance and sustainability and also add value to the Cardano ecosystem.

“We are now in the very early stages of building a flourishing DeFi ecosystem for the Cardano blockchain. In the coming months, we expect several projects to launch on Cardano with ready-for-market solutions that require access to higher levels of capital to accelerate their growth. We think the OccamRazer platform, and the rest of the Occam.fi ecosystem, could be instrumental in serving these projects through impactful IDO raises,” said Ken Kodama, EMURGO CEO.

“The expertise and value EMURGO bring to the Occam.fi ecosystem is profound. Through our strategic partnership, we will work together for the good of the entire Cardano ecosystem. Our focus is on building and delivering decentralised tools which will eventually rival centralised exchange venues, built specifically for the Cardano blockchain. EMURGO will help us realize this mission more effectively and impactfully for the benefit of the entire ecosystem,” said Mark Berger, President of the Occam Association.

Presently, the high interest in the DeFi sector (approx. $60 billion USD locked value), along with a shift in rising demand for non-fungible token (NFT) projects, demonstrate a directional shift towards a variety of new decentralized services compared to legacy financial services.

About EMURGO

EMURGO is a global emerging technologies company, providing custom-built solutions to solve some of the most complex problems of the most intricate organizations. As a founding entity of the Cardano protocol, EMURGO is able to leverage its abilities for large scale blockchain development and rapid solutions deployment to benefit its global clients.

EMURGO has offices in Singapore, Japan, the USA, India, and Indonesia, and a roster of global clients & partners. To connect and learn more, visit https://dev.indonesia.emurgo.io.

About Occam.fi

The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.

For more information on EMURGO