[PRESS RELEASE – Roadtown, British Virgin Islands, June 12th, 2024]
LIF3.com, the pioneering team behind the LIF3 omni-chain decentralized exchange (DEX) and blockchain, in conjunction with DG Labs Inc., creators of the innovative DeFi.Gold protocol, are thrilled to announce a strategic partnership. This collaboration marks a significant milestone as it aims to integrate Bitcoin digital assets including Runes, RGB, Taproot Assets, and Bitcoin itself into the LIF3 blockchain ecosystem as fully supported, native entities.
This unique approach goes beyond the conventional asset-wrapping methods seen in current blockchain solutions. Instead, the LIF3 blockchain will inherently recognize and support these Bitcoin assets as native elements, allowing them to be held and transacted within the LIF3 ecosystem with the same ease and security as its original assets.
Significance of the Partnership
This partnership is set to redefine the landscape of digital assets by ensuring that Bitcoin’s various asset forms are seamlessly integrated into the LIF3 blockchain. This integration will allow multi-chain decentralized exchanges (DEXs) to incorporate $LIF3 into their order routing systems. By doing so, LIF3 will complement existing multi-chain solutions like Chainflip and Thorchain, facilitating effortless and decentralized swaps between meta assets across virtually any blockchain network. For example, this would enable the transfer of ERC-20 tokens with Runes in a fully decentralized manner, highlighting the versatility and broad applicability of the LIF3.com ecosystem.
The Future of Cryptocurrency: A Decentralized Multi-chain Vision
The future of cryptocurrencies is undeniably leaning towards a decentralized, multi-chain environment. LIF3.com has an innovative Curated Layer-1 blockchain technology that is set to become a major enabler in this evolution, paving the way for more inclusive, efficient, and flexible digital asset transactions across diverse blockchain networks.
Executive Insights
Mona Coyle, CEO of DG Labs, expressed her enthusiasm about the partnership, stating, “This collaboration with LIF3 represents a pivotal advancement in blockchain technology. By treating Bitcoin assets as native to the LIF3 blockchain, we are setting a new standard for asset fluidity and security, ensuring a brighter, more interconnected future for all digital assets.”
Harry Yeh, Managing Director of Quantum Fintech Group and Investor of LIF3.com, also commented, “The goal at LIF3.com has always been to push the boundaries of what blockchain technology can achieve. Incorporating the DeFi.Gold protocol allows us to expand our ecosystem where we are currently available on multiple blockchains, including Ethereum, Polygon, BNB Chain, and Fantom. LIF3.com offers a comprehensive suite of DeFi products that transcends beyond a mere platform and an entire curated ecosystem through this significant announcement that not only respects the foundational principles of blockchain but also enhances the utility and reach of Bitcoin assets. This is a game-changer for DeFi, the Lif3 ecosystem and one that will revolutionize the entire industry.”
This strategic collaboration coincides with the vision of the LIF3.com ecosystem with the mission to breaking down barriers to access, more use-cases for cryptocurrency, enabling easier adoption for consumers entering DeFi, through the Lif3 Mobile App and a continued commitment to enhancing the safety of digital assets for institutional clients, utilizing BitGo and Fireblocks, by providing a more secure platform for exclusive event access, on-ramping, investing, trading, earning, gaming, off-ramping and more.
About DeFi.Gold
DeFi.Gold is revolutionizing the Bitcoin blockchain with its non-custodial decentralized exchange (DEX) and NFT marketplace. Built on Bitcoin’s L1 and Lightning Network, it offers enhanced scalability, efficiency, and advanced features. Supporting Taproot, RGB, and Rune-based tokens for its swap exchange, it enables trading of various assets, including memecoins, utility tokens, DAO tokens, and stablecoins. Its NFT marketplace enhances liquidity for creators and collectors.
The platform integrates with major Bitcoin web wallets and supports Lightning Network transactions for fast, low-cost operations. DGOLD, the governance token, empowers community-led decisions, driving innovation in decentralized finance on the Bitcoin blockchain.
About the Lif3 Ecosystem
Lif3.com is a complete, omni-chain DeFi ecosystem, Curated Layer-1 blockchain, and a self-custody wallet available on the App Store and Google Play – unlocking the potential of Web3 through consumer DeFi, iGaming, Music & Entertainment and beyond.
Contact Information:
For more information on DeFi.Gold, users can contact:
Mona Coyle
Email: info@defi.gold
Twitter: https://twitter.com/TeamDefiGold
For more information on LIF3, please contact:
Email: media@lif3.com
Twitter: x.com/official_lif3
Lif3 News and Updates:
For official LIF3 Logos and branding, users can visit:
https://docs.lif3.com/brand-assets
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