PRESS RELEASE. On January 26, 2021, Fungram LTD, as a comprehensive blockchain enterprise serving the world, has applied for an Exempt Offering of Securities from the U.S. Securities and Exchange Commission (SEC).
Based on the three major ecological sectors, DeFi lending system, encrypted index platform, and decentralized wallet, Fungram will provide a smart and open financial application ecosystem with a low access threshold for everyone and will provide a fast channel for the commercialization of cryptocurrency.
In the future, by using Fungramâ€™s mobile applications, users will be able to find 99% of blockchain applications from whole world quickly, or they will be able to invest in other DeFi applications. Fungram focuses on search and navigation, the main channel entrance and the same like Google, will be able to open up the blockchain industry channel while implementing commercial applications to achieve dual harvest in both platform value and user reputation, i.e. bidding, advertising and financial services.
The mature Web3.0 tools and service agreements will attract more outstanding developers and applications to build an ecosystem together, and also accumulate more blockchain data, as well as promote the need for more efficient access to effective data. In the long run, with the further expansion of blockchain applications, Fungram will provide indexes and services for such blockchain data as DeFi and Web3.0 in a decentralized manner, showing a relatively promising development prospect, in the future.
Thanks to the outstanding layout in blockchain industry around the world and years of intensive improvement in cryptocurrency compliance, Fungram has made phased achievements through the teamâ€™s unflagging efforts, and never ceased to advance. In the future Fungram is committed to build a more complete intelligent navigation for blockchain, as well as an open financial ecological environment, coordinate the upstream and downstream blockchain industry, and promote the sustainable development of blockchain ecology and distributed commerce together with international partners.
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