Crypto News: NovaDax announces inclusive tool and crypto companies create ‘private club’ for investment

This article is from cointelegraph.com.br and the original article can be read here in Portuguese

NovaDAX announced that the company’s website now has the inclusion tool Libras Hand Talk. The software works as an automatic text translator for Libras and ASL (American Sign Language).

Now, with the inclusion, traders on the exchange will have the help of Maya, a virtual translator for the Brazilian startup Hand Talk, recognized by the UN as the best social app in the world.

The assistant arrives to provide better quality service to the public and ensure social inclusion for the company’s traders.

“NovaDAX is a Brazilian company that believes in innovation and user experience, we aim to offer several investment options in an inclusive and dynamic environment. Hand Talk will benefit our traders and offer a much more inclusive new experience on our website,” says Beibei Liu, CEO of NovaDAX.

Crypto companies create investment ‘private club’

Inspired by the private clubs of major American schools such as Harvard, Chicago and Stanford, two financial market executives are bringing together high-level colleagues to form the first group in Brazil dedicated to fostering business between crypto companies.

Created less than a month ago and named Crypto Hub, the group already has the representation of decision makers from eight companies operating in the sector: Multiinvest Capital, Zro Bank, Mesa BTC, Bitfy, Dux Games, Arthur Mining, Discovery AI and Helium Miner. Together, the companies have a valuation of BRL 2 billion.

Behind it are founders Ralph Sapoznik, a veteran entrepreneur and investor in the capital and technology markets, and Flávio Hernandez, who for more than two decades has worked at Credit Suisse Hedging-Griffo, Vinci Partners, Banco Brasil Plural/Genial and family offices. . Both are partners at MesaBTC, a digital asset manager that offers specialized financial services to investors interested in the segment.

“The idea of ​​creating the Crypto Hub emerged organically and a lot of the desire to find positive externalities between the ecosystem. In other words, if our company alone generates a certain value for society, I want to find out what other pairs are doing, map the synergies and, together, we can leverage this result”, explains Ralph.

The benefit of the community, in addition to networking, is the option to enter the equity of these new businesses. According to the partners, the intention is for the percentage of investment to be proportional to the time of participation in the Cripto Hub.

“We want to have preference to invest in Series A or Series B of new companies that may emerge within the Crypto Hub, in the style of Y Combinator and other Silicon Valley initiatives. Therefore, we have also received contacts from traditional fund managers interested in the DeFi market”, reveals Flávio.

At this time, the founders do not intend to charge new members to join. Analogously to mining bitcoins, they clarify that the participants themselves are miners of those to come.

“There are two simple steps: indication and validation by the community”, reveals Ralph, highlighting the profile composed of decision-making centers (C-levels) that also aim to generate a robust body of technical knowledge about technologies in this segment.

The meetings, with an open agenda, take place once or twice a week, for the time being at the headquarters of Mesa BTC, in the Itaim Bibi neighborhood, in São Paulo. This should not be an impediment to the assiduous participation of executives from other parts of Brazil.

“We are setting up a headquarters in the decentralized Metaverse for participation with interactivity”, points out Ralph.

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