A new decentralized cryptocurrency finance platform enables the creation of crypto tokens without the need for specialized developers, making investing in crypto easier than ever across the country
FEG has officially launched its Smart DeFi platform in the UAE, marking a significant milestone in the world of decentralized finance (DEF) in the cryptocurrency sector. The platform allows users to create their own crypto tokens without the need to involve a dedicated developer, removing the most daunting task, allowing more users than ever to access the crypto space with greater ease and flexibility.
Smart DF i is easy to use and also offers a higher level of transparency – something that is important in what is often seen as a complex industry, according to the company’s statement. It is also attractive to both new crypto investors and experienced users, offering a range of financial instruments – all within a fully integrated and secure system – while allowing users to generate income and returns that will help them grow their investment portfolio.
Each token generated on the platform includes an exchange protocol and value backed by digital assets within a smart contract, and the platform supports the Ethereum and Binance Smart Chain networks.
FEG was awarded the Leading DeFi Platform at Crypto Expo Dubai 2022, and with a market cap of around $37 million (AED 135 million), the platform is creating a robust and distinct DeFi ecosystem.
“The UAE’s forward-thinking approach to crypto makes it the perfect location for our latest venture, ” said Stee Cha, Global Head of Marketing at FEG. “I said we would come back after winning the Best DeFi Technology award at Crypto Dubai Expo, and now we are here. Dubai is where ambition meets opportunity. We love the UAE and the openness and interest shown by the leadership in crypto has made everyone want to come and start here.”
“What we offer is a platform that breaks barriers and allows users to launch their own tokens in a simple and easy-to-use way without the need for special programming expertise,” Cha added.
The name “Feed Every Gorilla” stands for community-focused ethics that aim to ensure that every individual in their community thrives, reflecting a commitment to inclusive and ethical financial practices.
In the UAE’s dynamic crypto landscape, FEG’s Smart Defy platform is not only innovating, but also paving the way for investors of all stripes, giving more people the opportunity to participate and benefit from this rapidly growing sector.
As the company expands its user base and strengthens its presence in the important UAE market, it remains committed to its core values of transparency, sustainability, and community engagement. The launch of this pioneering platform is set to have a lasting impact on the global DeFi landscape, transforming the way people interact with digital finance.
