As more people are getting involved into blockchain world, number of token holders are growing constantly, which implicitly pushed up token prices.

From Sep 2017 to early 2022, the market cap for all tokens reached 1 Trillion USD, This groundbreaking blockchain revolution and the associated money-making opportunities are attracting more people and capital into the industry, which induces the creation of more blockchain projects and tokens. Trading platforms, being at the center of blockchain infrastructure, grew rapidly and exponentially accordingly. Meanwhile, they are facing serious issues and challenges. In order to serve the fastgrowing user basis, trading platforms need to match the user experience and security of their counterparts in traditional financial sector. However, this seems to be a longterm goal, given that the crypto trading industry is still lack of even basic industry standards and third-party supervisory; whole industry is still at very early stage, featured by chaos. Most recently, a number of crypto trading platforms shut down due to security and technical issues. Meanwhile, thousands of new crypto exchanges are emerging, among which many of them are lack of very basic theoretical and practical experiences. Consequently, the solutions these exchanges provided are full of security and credibility issues, causing huge losses to investors. This further hinders the development of the whole blockchain industry into the right direction.

Moreover, even the more established crypto exchanges suffer from the inability to prove asset security and their own credibility, due to the absence of industry standards and third-party supervisory. There is literally no mechanism to protect investors and crypto asset issuers. Thus, we believe that it is crucial to establish a whole new crypto ecosystem, whose credibility and security should be comparable to that of the existing financial trading system. Only then crypto platforms could potentially support the future development and revolutions of the whole blockchain industry with a truly reliable infrastructure and mechanism.

This is where UFINY platform will play a big role. UFINY ecosystem will have many products and services all in one single platform (Web and super App).