Lado Okhotnikov, founder of the Meta Force metaverse, announced the launch of a decentralized exchange as part of the expansion of the project’s ecosystem. This step is aimed at providing project users with a convenient tool for cryptocurrency exchange.
The event, as the founder of the metaverse noted, is taking place in difficult times for the crypto community. Decentralized exchanges have come under unprecedented pressure from regulatory authorities and the SEC. In this regard, Okhotnikov mentions such exchanges as FTX and Binance. A number of large companies Coinbase, Tron also found themselves in the spotlight of regulators.
In light of the aggravating relations between exchanges and regulators, Lado Okhotnikov notes that recently the cryptocurrency market has grown significantly and is shifting towards the countries of the Pacific region, where the leading positions in the development of cryptocurrencies are occupied by India, Hong Kong, Vietnam, Indonesia and Malaysia.
Current regulatory disputes with large cryptocurrency companies will likely push companies to completely switch to decentralized governance, and startups will move under the wing of DEX to avoid pressure on business.
However, analysts are confident that progress in the field of distributed ledger technologies is irreversible, and blockchain has become an integral part of the so-called “new financial system”, which previously remained in the shadow of the traditional banking sector, but now generates billions of dollars in parallel cash flows.
According to the team’s plans, DEX will be integrated into the Meta Force Metaverse ecosystem, will become an integral part of it and will ensure smooth circulation of tokens between various services and applications.
Noting the benefits of decentralized exchanges, including privacy and increased user protection, Lado Okhotnikov emphasizes the importance of platform security. The developers have carefully considered reliability issues to ensure maximum user protection.
According to Lado Okhotnikov, using a decentralized exchange to place the Forcecoin platform’s own token is a less risky option compared to placing coins on centralized platforms. The main reason is that with centralized exchanges, the SEC has more room for manipulation.
Despite the uncertainty regarding DEX regulation, the Meta Force team is confident that all actions in the field of cryptocurrency circulation in the ecosystem are completely legal. Okhotnikov states his desire to provide metaverse participants with a full range of services in the DeFi market, without violating the law.
The Meta Force team cannot ignore the statements of the SEC, respects the law and established rules. At the same time, the developers emphasize the importance of maintaining the principles of decentralization and openness that are fundamental to blockchain technology.
About Meta Force
Meta Force is a unique ecosystem created in 2021 based on the Polygon blockchain. This is a dynamically developing community where the gaming world, social networks and virtual reality merge. Here everyone can create their own business space and become a participant in the NFT trade. Thanks to the use of blockchain technology, all transactions and operations in the metaverse are secure and transparent.
Based on Dan Michael’s materials
The head of Meta Force Press Center
press@meta-force.space
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