Monthly Insider by Concordium
Concordium December Newsletter! Stay informed about our top blockchain innovations and community happenings over the last month.
EUROe
Following our commitment to enhancing digital safety, we revealed our collaboration with Finnish fintech leader Membrane Finance to integrate EUROe, a Euro-backed stablecoin, into the Concordium blockchain. EUROe, a fully regulated and MiCAR-compliant stablecoin, offers a secure and regulated digital Euro, mitigating crypto exposure and regulatory challenges. This move aligns with Concordium and Membrane's joint sponsorship of the Dutch Blockchain Week 2023, where it was presented.
EUROe's integration on Concordium provides significant advantages, including regulatory compliance, elimination of bridge risk, and enhanced security for DeFi transactions through Concordium's identity verification framework. With a 1:1 backing with the Euro, EUROe ensures a seamless and low-cost conversion process.
“EUROe’s built-in regulatory compliance and seamless on- and off-ramp to the Euro is a boon to investors and DeFi projects wishing to take advantage of a Euro-pegged stablecoin for their investments and business goals. By integrating EUROe on Concordium’s regulatory-ready and enterprise-grade technology, Membrane Finance is unlocking a new era of DeFi for players who value compliance, privacy, and safety.”
says Lars Seier Christensen, Chairman and Founder at Concordium.
Read more about it here.
BFG
Blockchain Founders Group (BFG) and Concordium have established a strategic partnership, marking the collaboration of BFG's investment expertise with Concordium's cutting-edge Layer 1 blockchain technology.
Leveraging zero-knowledge proofs and third-party verification services for identity validation, Concordium provides a unique blend of public and private blockchain advantages, offering a fast, secure, and highly scalable platform.
BFG portfolio companies stand to benefit from Concordium's features, including low transaction fees, environmental sustainability, extensive ecosystem support, and fast finalization. The partnership aims to foster the growth of Concordium's blockchain ecosystem, providing BFG's portfolio companies with access to technology experts for building diverse use cases while ensuring safety and trustworthiness. The collaboration reflects a shared vision for a transparent and secure digital future, amplifying the commitment to building startups within the Concordium ecosystem.
Learn more about our partnership here.
Latest Projects 🌐
Discover our latest partnerships driving trust in the digital world.
Discover all our new use cases here.
Tokenomics
Our last article in the tokenomics series to understand the changes that will be effective near the end of Q4 2023 was out:
Last week, our experts Mikael Bondum & Christopher Portmann dived into the Future of Concordium's Tokenomics during and insightful AMA where the following was discussed:
- Simplifying the terminology: Say hello to Validators!
- Introducing Penalties & Cool-downs
- Delegation changes made to Incentivize long-term commitments from high-quality staking service providers
- Decreased Mint Rate
- Plus, what hasn’t changed and why
Watch it here:
KuCoin Green Future Expo 🌿
At Concordium we are set to participate in the KuCoin Green Future Expo, a dynamic online event series dedicated to projects prioritizing sustainable development and the future of crypto.
As part of this exciting initiative, Concordium will engage in CCD campaigns, contributing to a substantial 1 million CCD prize pool 🏆. This collaboration underscores Concordium's commitment to environmental responsibility and aligns with the Expo's mission to showcase projects making a positive impact in the crypto space.
Stay tuned for a journey into sustainable innovation at the KuCoin Green Future Expo and the future actions coming up!
Upcoming Live Events 📅
Mark your calendar with our upcoming Live Events this month of December.
🚀 Stay tuned for more details, and join our live events here!
Latest News 📰
Lars Seier Christensen, our founder, was invited to the Cryptonews Podcast featuring the episode “Bridging the Gap Between DeFi and TradFi”. They discussed insights on the inclusive future DeFi envisions, the crucial role of legal clarity, and the delicate balance between decentralization and regulatory compliance. Listen to the full episode here.
During our Chairman Lars Seier Christensen’s visit in Nigeria, he discussed Concordium and the EUROe stablecoin with the Nigerian blockchain and business community. Read all about it here.
“Solving DeFi's Trust Issues: Addressing the Anonymous Elephant With Blockchain-Based Identity” article by our Communications Manager, Robin González Kristensen, was published by Nasdaq.
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