Business Telegraph

.

SocialFi Platform Kikitrade Bucks Crypto Winter Trend with 500% Growth

  • Written by Telegraph Magazine

HONG KONG SAR - Media OutReach - 13 July 2022 - Asia's leading social-oriented crypto platform Kikitrade announced its shocking growth rate in the first two quarters of 2022. As of June this year, Kikitrade reveals a 5x user growth rate and achieves 4000% growth on user engagement globally, one of the best growth quarters to date.




Bear Market Opportunities: Investors Seek Comfort in Community

Social investing products and SocialFi platforms were the only bright spot in a dismal first half of the year for the crypto market. In the past, retail investors used to rely on immediately available information—typically news of current events and influential figures—to make investment decisions. However, the recent turbulence in crypto has fuelled investors' demand for an interactive space where they can find comfort and support among those with similar experiences.

Kikitrade's outperformed growth has underscored a tip on building a strong and cohesive community—users tend to discuss more on how to profit from falling prices than bull market strategies. Sean Tao, CEO & Co-founder of Kikitrade, shared his perspective regarding this impressive growth.

"Improving the user experience is always our top priority. Going forward, we will continue to launch new social functions to sustain our 'Never Trade Crypto Alone' promise with a better community space." Sean believes cryptocurrencies are still the most preferred alternative asset of millennials, and the Kikitrade community allows young investors to get information effortlessly before jumping into the market.

A Next-Level Crypto Community
In April this year, Kikitrade launched Asia's first interactive community to bridge the gap between retail investors and blockchain leaders. Kikitrade users can partake in in-depth conversations with industry leaders such as Yat Siu, Co-founder and Executive Chairman of Animoca Brands and Keith Rumjahn, CEO of DOSE token, and more.

Kikitrade plans to launch and revamp numerous social functions such as interactive chatroom, copy trading and airdrops between users to further differentiate itself from the other cryptocurrency exchanges. By continuously putting new twists on its community, Kikitrade strike to build the best SocialFi community of like-minded individuals.

Hashtag: #Kikitrade

About Kikitrade

Kikitrade is Asia's leading one-stop social crypto community that helps beginners to navigate the world of cryptocurrency. The company was founded in 2020 by Everest Ventures Group (EVG), a Web 3 focused venture studio, and received US$12 million in funding after launching in 2021.

Investors include British hedge fund billionaire Alan Howard, renowned blockchain venture capital fund Dragonfly Capital, co-founder of Ethereum Joseph Lubin, and Chairman of Head & shoulders Financial Group Stanley Choi, etc. Animoca Brands, a blockchain game giant with a valuation of more than $5 billion, is Kikitrade's second largest shareholder.

The Kikitrade community has garnered more than 100 investment analysts, key opinion leaders, cryptocurrency ventures' CEOs, etc, who have been actively sharing unique insights and analysis, making the community one of the most vibrant in Asia.

Learn more:

Entrepreneurs & Leaders

Understanding Root Canals: When and Why They Are Necessary

Amongst the common dental treatments of infections in the pulp of a tooth is the root canal. The pulp of the tooth i...

Seasonal Maintenance of Anti-Bird Netting

Installation of bird netting is one of the measures that can be taken to ensure birds do not set foot in your proper...

Custom Kitchens Reflect Individual Personality and Lifestyle

Custom kitchens in Penrith have turned into a popular decision for property owners looking for special and practical...

Minimum Wage Entitlements for Casual and Part-Time Workers in Australia

The minimum wage in Australia stands as a crucial right for all workers, regardless of whether they are casual, part-t...

How Expert Removalist Companies Handle Heavy Furniture with Ease

Moving heavy furniture is tough and challenging. It requires special skills and tools to move large items safely without...

7 Questions to Ask Before Hiring a Local Moving Company

Hiring a local removal company is essential to make your move smooth and stress-free. Whether you’re moving to a new h...

Audience Trust: 5 Tips for Monetising Your YouTube Channel Without Losing Subscribers

Monetising a YouTube channel can be an exciting milestone, but it’s essential to do so carefully if you want to maintain...

Reducing Vacancy Rates with Strategic Property Management in Brisbane

In the competitive landscape of Brisbane's rental market, reducing vacancy rates is a pressing concern for property owne...

Benefits of Buying Second Hand Designer Clothes

In an era where sustainability and budgeting are more crucial than ever, the appeal of buying second-hand designer clo...