PearDAO is proud to announce a recent investment from BNB Chain Growth Fund. Through this strategic investment, BNB Chain Fund has acquired a stake in PearDAO, a decentralized marketplace that provides full autonomy and control to the people.
PearDAO (PEX) is a platform that aims to complement the CEX and DEX-driven cryptocurrency sphere by allowing the exchange of value for on-chain, off-chain and cross-chain ecosystems, all at once. The Pear marketplace is governed by DAO, and trades are protected by smart contract(s), encrypted chat tools, and credit history based on the public ledger.
“Crypto mass adoption is a matter of when, not if. And we need projects like PearDAO to accelerate the process. People can trade whatever they want to trade in PearDAO in a decentralized manner. As a highly scalable infrastructure capable of catering to 1 billion users, we’re excited to join this journey and look forward to a future of innovation with PearDAO team.” said Gwendolyn Regina, Investment Director, BNB Chain Growth Fund.
Unlike Exchange 1.0 which is register-based and controlled by centralized server, or Exchange 2.0 where anonymous users trade on the chain with an automated market makers mechanism, PearDAO brings us to the era of Web 3.0 governed by DAO with off-chain assets and on-chain escrow.
Pear Marketplace currently supports exchanging off-chain and on-chain assets on the BNB Chain. Cross-chain compatibility, NFT marketplace, DAO governance capability, and offering in marketplace to goods and services will be the next step for PearDAO.
With the strategic investment, PearDAO will expand its business to more regions and users that require on and off-ramp services. Helping the BNB Chain to reach the less accessible parts of the world, and promote along with expansion.
“We believe users should decide on what they want to trade, and what to trade with. With PearDAO, we encourage the freedom of exchange. Everyone in the world should gain equal access to crypto trading and benefit from blockchain technologies. Together with the people, we will build the ideal marketplace that is suited for the future.” said Bertas Li, Co-Founder of PearDAO.
More About PearDAO:
- Twitter: OfficialPearDAO
- Website: Peardao.io
- Meet more Pears on Telegram
