Illusionist Group is thrilled to welcome the latest project in our investment portfolio – Sigmadex. This week, we would like to announce our support for Sigmadex – a decentralized perpetual liquidity protocol for tokenized assets built on Polkadot.
Sigmadex is a decentralized, cross-chain, and multi asset marketplace governed by its community. Sigmadex is building an open-source balanced decentralized economy using game theory, DeFi, and blockchain technology to create the ideal automated liquidity protocol. It eliminates the requirement for having to trust any intermediaries, prioritizes decentralization, and is governed by the community.
Sigmadex is dedicated to contributing growth and innovation within the crypto ecosystem. The organization is working towards a complete decentralized future replacing counter-party risk with intelligent algorithms to detach emotion and greed from the handling of money. The protocol is entirely built and governed by the community of its native token holders, which is fairly distributed. Native tokens carry the benefit of being used to propose and vote on important changes to the protocol.
Through this investment, Illusionist Group would like to support Sigmadex in different aspects. We believe in their values and hope they will soon build a liquidity protocol introducing multiple DeFi elements to provide value higher than traditional applications.
Tony M. – Co founder of Illusionist Group: “Sigmadex’s missions are to bring financial stability and a transparent future to the progression of the world into digital assets by leveraging Polkadot. We believe that Sigmadex will be the leading decentralized perpetual liquidity protocol and bring a smarter way to transfer value. As a leading investment fund focusing on the Polkadot ecosystem, Illusionist Group sees it obvious to invest and support Sigmadex in its mission”.
Sigmadex is a decentralized, user-friendly, multi-asset brokerage with low latency run by community governance and was built in response to the troublesome issues that are found currently in the exchange landscape. So this solution effectively combats these problems by employing a number of mechanisms that all work together to form the Sigmadex ecosystem.
About Illusionist Group
Illusionist Group is the capital behind Polka Warrior – the biggest community of $DOT hodlers around the world. It is a global blockchain and digital asset investment firm, which focuses on ventures, tokens, projects, as well as the growth of the cryptocurrency market. Based in Vietnam, Illusionist Group has extensive history in global fund distribution, combined with our strong relationships and partnerships with investors, venture capitals, leading academic institutions and fund platforms can create values to support technical teams having robust and innovative projects, which helps to grow a larger and stronger blockchain ecosystem.