Litedex Wants To Take Advantage Of Metaverse's Presence For Crypto Trading In Indonesia

Andrew Suhalim, CEO of Litedex Protocol, wants to enter the world of the metaverse. (photo: twitter)

JAKARTA – Facebook's move to enter the world of the metaverse has made technology developers around the world begin to focus on the concept. This technology that delivers 3D virtual reality has also encouraged crypto-asset developers to enter the metaverse ecosystem.

Developers from Indonesia do not want to be left behind and participate in enlivening this metaverse world. One of them, Litedex Protocol, which is ready to become a medium as well as a facilitator for local and global traders to take advantage of the presence of the metaverse world.

“The existence of this metaverse world will have a massive impact on human interaction, especially in the midst of the current pandemic where conventional meetings have turned into online meetings using Zoom or Google Meet. It is possible that in the future, in the next 10 to 15 years or even sooner, it is only a matter of time, blockchain technology itself will develop into the financial foundation of the conventional world to the metaverse,” said Andrew Suhalim, CEO of Litedex Protocol.

The world of metaverse also opens up opportunities for the crypto industry to make crypto assets the main choice for transactions in cyberspace.

“The concept of turning conventional currency into a currency that can be used in the metaverse world is the basic foundation of the Bridge feature,” said Suhalim.

Support from the government for this platform also came from the Deputy Minister of Trade of Indonesia Jerry Sambuaga.

“The metaverse concept that Facebook offers is both a challenge and an opportunity for the community. With the presence of the Litedex Protocol, it is hoped that it can become a connecting bridge for the Indonesian people to experience firsthand what the technology of the metaverse world is like. Not only that, but the projects offered by the Litedex Protocol are also very relevant to the rapid development of digital asset technology, so they must be supported for the advancement of the domestic crypto industry," said Jerry.

With the advent of decentralized financial platforms such as the Litedex Protocol, crypto investors will have the opportunity to access and invest from the start, but a thorough analysis of the prospects of crypto assets remains to be done.

"To accommodate the great public enthusiasm for this crypto asset, the Litedex Protocol will launch various decentralized financial features, such as Swap, Liquidity Pool, Staking, Farming, Lending, Borrowing, NFT Marketplace and, of course, Bridge," said Suhalim.

Litedex is a decentralized exchange protocol that adopts the world's most popular blockchain; Binance Smart Chain, Ethereum Network, Huobi Eco Chain, Matic Polygon Network, Tron Network, Polkadot Network, and Solana Network.

As the first DeFi platform in Indonesia, Litedex benefits from some of the best-decentralized protocols and creates a highly beneficial ecosystem for LDX Token holders.

In accordance with the project and concept behind the Litedex Protocol, the “metaverse wealth bridge”, this platform from an Indonesian developer is ready to become a global leader in decentralized finance, as a medium for people to enter the world of the metaverse.