@PureFi_Protocol: A decentralized AML & KYC compliance protocol with potential to bridge $100T+ from TradFi → DeFi.
Serving as a Regulatory MiCA + SEC shield for #RWA, #DePIN, GameFi & #DeFi while preserving ZK anonymity.
With #MiCA & #SEC's new regulatory framework in place, 2024 will be transforming the crypto landscape permanently.
The New EU & USA regulations plans this year will force both CeFi and DeFi to Perform AML, KYC verification with Digital wallet/identities requirements.
Implicating: All Institutions + Web2 Corporations + Web3 dApps across all sectors will be looking for KYC/AML services to operate according law as it's the only way to survive as business.
Zero-Knowledge Proofs KYC solutions present a unique opportunity to allow for compliance, while preserving verifiable privacy. It's the ultimate compromise between DeFi & Regulation.
The increasing growth on @zksync, @Mantanetwork, @0xPolygonDeFi & @Starknet protocols are already clearly signaling for the need of more privacy & scalability.
Hence, I expect #RegTech and #ZKP to dominate the trends throughout 2024-2025, creating a golden long-term investment opportunity.
The most important question is: Who's going to fullfill this trillion-dollar compliancy opportunity role?
I have high conviction in PureFi gaining a big chunk of the market-share in the regulatory sector for the following reasons✍️👇
▪ Purefi is already working hand-in-hand with authorities already. Providing KYC/AML services with ZK technology.
▪ Team is solid: CEO Slava Demchuk as advisor for European Comission, it's packed with experience & the right governmental network to dominate.
▪ Partnered with over 35+ Industry leaders already in the #Web3 Space
▪ Received over 4 grants: @NEARProtocol, @AuroraIsNEAR, @Everscale_net, @Casper_Network
The team already launched three other successful products in the regulatory industry before launching PureFi, gaining a reputable brand in the RegTech space.
▪ AMLBot - Compliance / Investigations in CeFi
▪ AMLSafe - Multi-chain wallet with AML
▪ CryptoPnL - Financial accounting for traders
Chart-wise: PureFi has been showing sustainable growth over the last couple weeks. Nearly all tokens are unlocked. So far, these achievements have been driven by a dedicated community focused on long-term goals, without relying on any marketing efforts.
Recently PureFi signed a contract with @MarketizedIO to globalize their brand. This, in combination with #RegTech mass-adoption coming up this year, I am expecting PureFi to gain lots of momentum in the next coming months. 10X short-term.
Be on the lookout for a $UFI mega-thread somewhere next week.
🔗 Useful Links
▪ Website: https://purefi.io
▪ Telegram: http://t.me/purefiprotocol
▪ Twitter: @PureFi_Protocol
▪ Blog: https://blog.purefi.io
▪ CoinMarketCap: http://coinmarketcap.com/currencies/purefi