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Research and analytics company, Quantum Economics, will partner with LitBit Finance to incubate and accelerate startups in the blockchain industry.
The two companies aim to combine their resources to identify new crypto projects with significant potential and help them achieve their goals. With the combined knowledge, experience, and unique approach to the crypto industry, the companies intend to make a real change in the space.
Quantum Economics is a financial analytics company that provides people with the data and resources to understand and navigate the current economic landscape. With a team that includes financial advisors, administrators, and analysts, the team intends to increase financial literacy, especially as regards investments.
The partnership will see both companies work with blockchain startups to help with the initial development and scaling of their ideas. The focus will be on tokenomics, public relations, funding, community management, marketing, and product development.
Speaking about the partnership, the founder of Quantum Economics, Mati Greenspan, said,
“Historically, investing has always been a very exclusive activity, especially when it comes to, up-and-coming technologies. Major investors have always enjoyed a head start against retail, but blockchain and tokenization change all that.”
Greenspan, a licensed portfolio trader in the European Union, also added,
“At Quantum Economics, we’re always hearing from extremely promising startups, talented entrepreneurs, and all kinds of investors. This partnership allows us to help everyone in a more efficient and structured manner.”
Meanwhile, LitBit Finance’s expertise is in identifying the hidden gems among the plethora of projects within the saturated blockchain industry. The team is developing a decentralized exchange offering platform and incubation services on the Cronoa Network.
LitBit seeks to give investors access to vetted projects with passionate professionals who will deliver their promises. This will solve the issue of accountability and quality currently lacking in the space.
By verifying every project information before providing support, LitBit intends to fully protect users and limit the influence of large investors who have dominated the blockchain industry.
LitBit Founder and CFO Tino Skelin explained:
“With the demise of major crypto players such as the Terra/Luna ecosystem, Three Arrows Capital, and possibly Celsius, doing thorough due diligence on blockchain projects has never been more important.”
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Author: Oluwapelumi Adejumo