Since the creation of Bitcoin in 2009, we have seen the development of all kinds of blockchain protocols. Each of these protocols has been created as a potential solution to some problem in the crypto or mainstream finance worlds.
In Stellar’s (XLM) case, the network was developed with financial inclusion in mind. The protocol’s goal is to make financial services more accessible and affordable, particularly in underserved regions of the world.
This has made it the ideal protocol for other decentralized finance (DeFi) projects that have the same goal in mind. HedgeUp (HDUP) is one such protocol. HedgeUp’s goal is to make alternative investments cheaper and more accessible to people worldwide.
Financial inclusion with Stellar (XLM)
Stellar (XLM) was created in 2014 and launched in 2015 by Jed McCaleb. It is designed as a decentralized payment protocol with a focus on features that allow for low-cost cross-border transactions. It was also designed to allow for the issuance and transfer of real-world assets as digital assets.
The payment protocol’s native cryptocurrency is called Lumens (XLM). XLM plays several crucial roles in the Stellar ecosystem. It is used to pay transaction fees and maintain overall system security. But perhaps its most innovative feature is that it can be used as a bridge currency to facilitate the transfer of value between digital assets and real-world assets.
Thanks to this, Stellar (XLM) allows users to create, transfer, and trade digital representations of all kinds of on-chain and off-chain assets.
This feature makes Stellar an attractive platform for projects like HedgeUp (HDUP). This is a DeFi project that’s using tokenization to provide investors with opportunities to invest in alternative assets like diamonds, gold, valuable jewelry, exquisite artwork, rare drinks, and more within the blockchain ecosystem.
HedgeUp (HDUP): inclusion through alternative assets
The alternative assets market is worth more than $17 trillion. It’s one of the best markets to invest in because assets like gold and diamonds tend to be less volatile. Their values remain relatively stable over a long period, making them the perfect tools to beat inflation. And to add to that, they have good potential returns.
Unfortunately, the market is inaccessible to most people worldwide. This is because of a complete lack of these investment opportunities in some regions. And even in places where they’re available, the cost of investments is typically high and out of reach for most of the population.
HedgeUp (HDUP) sees this as a very big problem that needs solving. That’s why the project has decided to tokenize alternative assets into NFTs. These NFTs will then be traded on HedgeUp’s (HDUP) own marketplace, giving investors from all over the world exposure to the alternative assets market.
HedgeUp (HDUP) will also allow for fractional investments, a feature that will see investors pay as little as $1 to own a slice of an asset. This is a feature aimed at making investments as cheap as possible and thus, accessible.
The project is currently in presale. And although it was built on the Ethereum blockchain, there are plans to move it to Stellar (XLM).
For more information about HedgeUp (HDUP) presale use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial