Nowadays, investing in digital assets such as cryptocurrencies and NFTs can be quite profitable. However, before committing to that type of investment, you first have to choose what type of exchange platform you’re going to use.
On one end, you could resort to Centralized Exchange Platforms, which offer investors an extra layer of security and reliability for trading digital assets, as this type of exchange platforms rely on a third party or intermediary account that monitors all trades to ultimately ensure that all transactions involving digital assets are safe and secure. Nevertheless, there are still some downsides that come with utilizing Centralized Exchange Platforms, as they require traders to submit their personal information for verification to the third party entity that manages them before actually starting to buy and/or sell digital assets, as that’s what helps to make each and every transaction secure. Obviously, not everyone is willing to share their personal details just to be able to be able to invest in digital assets. The other main downside of utilizing Centralized Exchange Platforms is that since these platforms are managed by third party entities, they also require users to deposit funds into intermediary accounts, which not only are highly prone to hacking, but also end up putting those users at a risk of losing their money in case of those entities facing bankruptcy.
Alternatively, you could instead go with Decentralized Exchange Platforms, which unlike Centralized Platforms, allow investors to buy and sell their digital assets without having to deal with any intermediaries, as this type of exchange platforms are designed to work based on blockchain technology in order to allow peer-to-peer trading, relying mainly on proxy tokens (i.e. security tokens / smart contracts) and self-custody wallets to carry out any transactions involving digital assets. The only potential disadvantages of utilizing Decentralized Platforms are that these platforms can be hard to regulate, and that some of those platforms can ultimately prove to be unsafe for trading digital assets, as users can be prone to scams such as pump-and-dump schemes, and the platforms themselves could also get their security tokens hacked if they aren’t well-designed.
Enter Davensi, who recently announced a smart investments app called the DV Invest App as a part of the “DV Suite”, which aims to offer investors a combination between the safety and regulation of traditional finance together with the potential high growth and diversification of decentralized finance.
WHO IS DAVENSI?
Davensi (originally named LordToken) is a 2-year old Web3 financial services company originally launched by two serial entrepreneurs and based in Montpellier, France that provides a carbon-efficient, compliance-ready, and Binance Cloud-based Centralized/Decentralized Finance aggregation crypto-exchange platform which combines Web3 decentralized finance and market intelligence for smart digital assets trading, portfolio management, and investments through a safe, smart and rich gateway to Web3.
When LordToken originally started as a crypto-asset trading platform built on Binance Cloud, the company was able to be incredibly well funded, as they managed to raise a $15.7 million from seasoned and heavyweight investors, influencers, well-known individuals, and the rest of the crypto community via an ICO (initial coin offering) in the form of several rounds of token sales, for which that fundraising occurred in 2 separate phases that respectively took place during November 2021 and then January 2022.
The company’s newly rebranded name (“Davensi”) – which stands for Digital Assets Venture with Sustainable Impact – is a tribute to Leonardo Da Vinci, as it requires a lot of ingenuity and intelligence to win in the Web3 space.
The reason why Davensi wants to resort to a web3-based decentralized finance service for its crypto-exchange platform that allows for the trading of web3-based digital assets is essentially because they’re looking to solve the CeDeFi (Centralized/Decentralized Finance) paradox, which essentially comes down to 3 different problems: findability, safe access, and risk management.
The first problem that comes a web3-based service, which is findability, is due to the fact that web3 is obviously decentralized and non-custodial, as this model works based on blockchain technology, which essentially makes it a public infrastructure. Because of that, this model is also fragmented, as it resorts to the use of multiple blockchains, as well as multiple wallets, services, etc.), which not only makes it hard to regulate, but can ultimately also make it unsafe for investors, as that not only could put users at the risk of scams such as pump-and-dump schemes, but could also get any web3-based decentralized exchange platform at the risk of getting its security tokens hacked.
Davensi is looking to solve this findability problem by offering its users a One-Stop-Shop on its Binance Cloud-based CeDeFi aggregation crypto-exchange platform via its DV Invest App.
The second problem with web3 is that since web3 is accessible to everyone (since web3 is a public infrastructure after all), anyone can basically create their own digital assets projects on web3, which basically results in approximately 80% of all digital assets created in web3 to probably be money-scams. On top of that, digital assets created in web3 can also be very difficult to regulate.
To solve this legitimacy problem with digital assets, Davensi is planning on offering curated content and curated digital assets through their own services (which the company built on top of web3), not only so that their users can find their way in this currently fragmented web3 market, but ultimately to provide their users with a safe and reliable access to all of the digital content that’s presented within Davensi’s platform.
The third and final problem that comes with web3 is risk management, as web3 is currently not very safe, not only because of the fact that the some digital assets may not be safe to invest in, but more importantly, because those assets could ultimately present themselves as potential investment risks within a very short period of time, just like the recent demise of FTX, a renowned cryptocurrency exchange platform that suddenly dropped from an estimated $32 billion in value to almost nothing in just 36 hours.
Davensi aims to solve this risk management problem by providing smart risk-monitored tools (more specifically AI/ML-based portfolio management automation tools) such as node staking that are designed by high performance quantitative traders and data scientists in order to allow their users to feel safe on its own crypto-exchange platform.
In a recent interview, Davensi’s CEO, Sopheap Lao said that “Collectively, we have been destroying the world for the sake of progress, and at Davensi we believe it’s time to make the transition to Web3 for a more socially responsible world. We believe that through Web3 and decentralized finance (DeFi) we can power a more sustainable economy that is globally inclusive, because it is available to everyone, and locally, because it is adaptable to ethical, cultural, and even religious principles.”
Davensi’s newly announced DV Invest App aims to fix and prevent all of those 3 problems that are related to web3 (findability, safe access, and risk management) and ultimately enhance each investor’s journey within the Web3 space by offering users a combination between the safety and regulation of traditional finance together with the potential high growth and diversification of decentralized finance.
WHAT IS THE DV INVEST APP?
Essentially, the DV Invest App is a smart investments app that combines multiple regulated Web3-based financial services in order to ultimately provide end-users with access to risk-monitored and high-performance smart digital assets trading, reliable DeFi investment strategies, as well as smart portfolio management automation tools, and a broad range of new investment opportunities in several digital assets including crypto-currencies, tokens, security tokens, tokenized assets and NFTs, all of which curated according to Environment Sustainability Governance (ESG) criteria.
Ultimately, the DV Invest App provides users with a 360º overview of all of their digital assets while simultaneously providing them with the capability of actively monitoring their investment performance in real-time.
HOW DOES THE DV INVEST APP WORK?
By utilizing the DV Invest App, users will have safe access to a broad range of curated digital assets that are curated accordingly to the ESG criteria, access to risk-monitored smart tools such as node staking, along with access to many DeFi (Decentralized Finance) investment strategies, and most importantly, access to smart AI/ML-based portfolio management automation tools designed by high performance quantitative traders and data scientists (including smart automated rebalancing), all of which are provided in a single place that makes everything easy to access, understand, and most importantly, easy and safe to use for any future investments in digital assets.
Last but not least, Davensi has also partnered up with ESG recognized experts and organizations to develop the Davensi Sustainability Impact Index (DSI), which is a unique and innovative assessment tool that measures the users’ net environmental impact of their investments managed on the Davensi Platform.
WHAT ARE DAVENSI’S FUTURE PLANS FOR THE DV INVEST APP?
Before officially launched its DV Invest App, Davensi is planning on launching an early-bird pre-sales campaign for its smart investments app, which will be live during the first quarter of 2023.
The DV Invest App is scheduled to go live during the second quarter of 2023 with tiered subscriptions.
If you’re interested in learning more about the DV Invest App, then consider visiting Davensi’s official website.