Qredo Token Sale on CoinList Helps Add Over 30K New Token Holders, Solana, Rally Token Trading Support Extended

Digital assets firm CoinList says it’s pleased to confirm that the Qredo Token Sale on their platform has added over 30,000 new token holders to the Qredo community, with over $16 million in QRDO tokens bought during the course of the sale.

The event drew considerable demand on CoinList, with over 470,000 unique registrants “expressing their interest in the project.”

The CoinList team added:

“While Satoshi took the trust out of transactions with Bitcoin, centralized methods of managing private keys reintroduced trust to the crypto market. Storing vulnerable keys in databases, and shunting them offline in hardware and paper wallets, has led to not only billion dollar security breaches, but soloed liquidity and market fragmentation: Assets are locked away and can’t be readily deployed in the DeFi ecosystem, with accessibility and granular control sacrificed for the sake of limited security.”

Qredo aims to address these issues by offering “radical” new blockchain or DLT infrastructure that provides decentralized custody, native cross-chain swaps, as well ass cross-platform liquidity access, the CoinList team explained.

They also noted that they’re pleased and “humbled” by the size and commitment of support and are eager to assist with making QRDO accessible to the wider crypto-asset ecosystem.

In a separate update,  CoinList noted that it’s goal or mission is “to help the world’s most impactful crypto projects grow and succeed.” The company says it has worked closely with leading projects “to power their token sales, connect them to developers and validators, and provide them with a trustworthy market for trading.”

The CoinList team also noted that after facilitating token sales for Solana (March, 2020) and Rally (March, 2021), they are pleased to announce that the next assets available for trading on CoinList Pro, CoinList.co and the CoinList mobile app are SOL and RLY.

As previously reported, Solana (SOL) is a Layer-one blockchain network that is focused on enabling fast transactions as well as greater throughput. It’s developed to scale transaction throughput “without sacrificing decentralization or security.”

Solana “uses a unique method of ordering transactions to improve its speed. Users can pay their transaction fees and interact with smart contracts with SOL, the network’s native cryptocurrency.”

As noted by CoinList, Rally (RLY) is an open platform developed on Ethereum that aim to “empower creators, celebrities, and brands to launch their own social tokens, also known as Creator Coins.”

Fans are able to buy Creator Coins to order to support their favorite creators and “to access special benefits determined by the creator.” Creators can “grow their audience, reward fans, and build business models powered by their own custom social token.” Rally is “governed by its native token, RLY.”

As mentioned in the update:

“As Solana continues to build blockchain infrastructure allowing developers to build crypto apps that scale and as Rally continues to simplify crypto to empower creators and their communities, CoinList users now have a trustworthy trading solution to participate in these networks.”

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