Klever Weekly Newsletter – August 6

Learn more about DeFi w/ Reef in Klever. DVK goes live on Klever Exchange & Find out how Klever Staking enables passive income. Klever News addressed ‘Crypto ATMs are booming worldwide’ & much more…

Reef in Klever & Power of DeFi

The partnership between Reef Finance and Klever opens the door to the cross-chain DeFi platform Reef to 3 million Klever users worldwide, as the power of DeFi keeps growing in crypto.

The Reef Ecosystem comprises of multiple DeFi features and has emerged as a major front-runner by building the first cross-chain DeFi operating system that allows users to trade by offering access to liquidity from both centralized exchanges (CEXs) and decentralized exchanges (DEXs).

With this partnership, Klever users can benefit from the Reef Defi ecosystem that was released in the Klever app in the second week of July 2021.

Decentralized Finance, popularly known as DeFi, is emerging as the new world order for the future financial system globally. – Klever News Editor, Jagdish Kumar.

DVK trading goes live on Klever Exchange

New Listing: Now you can trade DVK/KLV pair on Klever Exchange!

Deposits were already open and trading started on August 6.

Devicoin (DVK) was created during the last Klever Labs burn-mine event, where an overwhelming demand for DVK led to the designated hard cap being filled after less than 60 seconds. Now you will have a new opportunity to get Devicoin (DVK) by trading with KLV on Klever Exchange. For this, you need to have the app installed, download it now.

You can also download Klever Exchange iOS open beta through Testflight, by clicking here.

  1. Make sure to have Testflight App is installed.

  2. Send your feedback to feedback@klever.io.

Learn more about DVK

DVK is a cryptocurrency that can be traded and withdrawn in the real world, earned by playing Devikins, a mobile RPG game releasing later this year.

Each character in the game is represented by a unique Non-Fungible Token (NFT) in the blockchain, and backed up by DVK itself, the utility token used as the main currency of Devikins and although a game currency with real world value. There will be an online marketplace to buy and sell Devikins NFT.

A Devikin NFT character gets several features to highlight their uniqueness in the real world that translate as mechanics in the game. For more details, click here: https://devikins.com/?page_id=72

Klever Staking enables passive income

Klever opens the opportunities to anyone with a mobile device anywhere in the world to earn a passive income, with hourly rewards. Nothing like it has ever existed or been so easily accessible before.

In more recent times, investments and business opportunities have taken a different dimension and impact, where investors or individuals’ channel their resources into business opportunities with the aim of making good returns on their investments. Klever wallet has been known for its innovative strides in the blockchain technology and cryptocurrency space.

There is indeed a whole new ballgame staking in the Klever wallet, as this gives some of the best rewards for staking using the most advanced encrypted technology for generating passive income for its users. – Klever Admin, James Enajite.

Today Klever offers staking not only for KLV, although it is the most popular option, but also KFI, DVK, TRX, and REEF, with many more coins and tokens soon to go live for staking in Klever.

By enabling these staking options, Klever opens the opportunities to anyone with a mobile device anywhere in the world to earn a passive income, with hourly rewards, 24 hours a day. Nothing like it has ever existed or been so easily accessible before.

Strategy for global crypto adoption

To spread global adoption & encourage the use of crypto, there must be a collaboration between key stakeholders in the crypto space in the form of education, training & development.

The need for crypto adoption can not be overemphasized if not properly brought to the bare knowledge of the intended users. As it is required, for mass adoption to happen there are factors that need to be in place to achieve such an enormous goal.

The global Klever community has taken the responsibility of educating the populace with a strategy of creating simple and educational content virtually from our various social media platforms. – Klever Admin, James Enajite.

Crypto ATMs booming worldwide

The massive 70% annual increase of over 10,000 new crypto ATMs over the past year globally highlights the growing demand for Bitcoin & cryptocurrencies throughout the US & around the world.

Today, there are over 24,500 crypto ATMS installed globally, according to coinatmradar.com, which tracks the industry around the world. The United States has been a leader in this field, which recorded a yearly increase of over 177% to now house 16,835 ATMs.

With more and more people moving towards cryptocurrency, installation of crypto ATMs are increasing on a global scale. – Klever News Editor & PhD, Jagdish Kumar.

Bitcoin and freedom – ideas spreading in Africa

Bitcoin, with its decentralized design, borderless transactions, permissionless nature, and non-confiscatable abilities has made it extremely attractive throughout the African continent.

Freedom is assumed to come at a price and this is evident from the financial point of view where the centralized banking system has limited and frustrated the ease of doing business globally, in which Africa as a case study reflects the ideology behind this phenomenon.

A wise man once said “You can’t stop a project whose time has come.” Indeed the time for financial freedom using Bitcoin and other cryptocurrency has come and it’s obvious that no one man, woman or force can stop it. – Klever Admin, James Enajite.

India can become a hub for blockchain

With over 4.2M developers working in the information technology (IT) sector in India makes it the world’s largest IT talent pool. However, only 20,000 work in blockchain. This is about to change.

According to Tanvi Ratna, founder, and CEO of Policy 4.0, a research and advisory body working on new policy approaches for digital assets, the stigma around cryptocurrency holds back Indian developers who are skeptical of the country’s regulatory environment.

This stigma started already in 2013 when the Reserve Bank of India (RBI) commenced issuing regular and cautionary guidance against cryptocurrencies, citing market volatility, general risks, and no legal recognition for cryptocurrencies.



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