When the blockchain and cryptocurrency industry reached a groundbreaking milestone, visionary developers Jelly Labs AG and Fintonomy LTD successfully secured $2 million in seed funding from private investors. This substantial funding marks a pivotal moment in the development journey of Jellyverse, a cutting-edge platform committed to advancing decentralized financial services through its innovative DeFiMetaChain technology.
Jellyverse represents a fusion of expertise from Jelly Labs AG and Fintonomy LTD, both recognized for their significant roles in the DeFi space, particularly through the DeFiChain accelerator. The core team has been at the forefront of driving DeFiChain adoption with state-of-the-art software, executing global marketing campaigns, and strategically advancing business development. The funds raised will be used to propel the continued growth of Jellyverse and solidify its crucial position in shaping the future of decentralized finance.
DeFi 3.0 Revelation
Initiated by the core team behind the DeFiChain accelerator, Jellyverse aims to transform the decentralized finance (DeFi) landscape by introducing DeFi 3.0. Unlike previous iterations, Jellyverse seamlessly integrates real-world assets into its products, filling critical gaps in the market. This next-generation platform offers diversified products including decentralized portfolios, bonds, lending, and sophisticated staking options.
Innovative DeFiMetaChain
Built on DeFiMetaChain (DMC), a second-layer technology compatible with the Ethereum Virtual Machine, Jellyverse employs an innovative interoperability approach. Acting as a parachain, DeFiMetaChain effortlessly connects various blockchains, gathering essential data required for cross-chain protocol development. Notably, the platform offers lower transaction fees compared to Ethereum, enhancing its economic viability.
Jellyverse Protocols and Products
Jellyverse introduces revolutionary protocols and products such as JellySwap, an enhanced decentralized exchange, JellyStake, a decentralized staking protocol, jUSD, a stablecoin, and user-generated tokens reflecting real-world assets known as jAssets. These innovations provide investors with unparalleled portfolio diversification and yield-generating opportunities.
Community-Driven Development
A notable addition to Jellyverse is the community-driven jAssets protocol, allowing users decentralized access to real-world assets. Developed by a community team, this protocol underscores Jellyverse’s commitment to fostering a collaborative and inclusive ecosystem.
Innovative Portfolio Management
Jellyverse pioneers fully decentralized portfolio management, offering automated balanced investment pools linked to real-time asset prices. This empowers investors to create complex portfolios and earn returns across a multitude of assets, further highlighting Jellyverse’s commitment to innovation in the DeFi space.
Governance via DAO
Jellyverse will undergo comprehensive development and governance through an on-chain Decentralized Autonomous Organization (DAO). This decentralized governance model empowers developers while the community contributes expertise in legal frameworks, guidance, marketing, brand consistency, user support, forward-thinking concepts, and fundraising.
JLY Token
At the core of the Jellyverse ecosystem is the native governance and revenue-sharing token, JLY. Holders of JLY tokens play a crucial role in decision-making across Jellyverse protocols and decentralized applications (dApps). Additionally, a portion of transaction fees generated by all protocols is allocated to JLY token stakers, ensuring active participation is rewarded.
A Comprehensive DeFi Solution
Jellyverse emerges as a pioneering force in the decentralized finance (DeFi) space, underpinned by its commitment to innovation and community-driven governance. Supervised by a Decentralized Autonomous Organization (DAO), this comprehensive ecosystem signifies a paradigm shift towards the next evolution of DeFi (often referred to as DeFi 3.0). By seamlessly integrating real-world assets, Jellyverse aims to create a sustainable, revenue-driven landscape in decentralized finance.
At its core, Jellyverse is not just a platform but a collaborative enterprise where developers take proactive measures through decentralized governance, while the community contributes expertise in legal frameworks, guidance, marketing, brand consistency, user support, forward-thinking concepts, and fundraising. The native governance and revenue-sharing token JLY lie at the heart of this ecosystem, empowering users with the ability to actively participate in decision-making processes and earn returns from transaction fees across all Jellyverse protocols. With the continuous evolution of the blockchain and cryptocurrency industry, Jellyverse is poised to redefine the future of decentralized finance, offering diverse financial tools and leading a new era of innovation and inclusivity.