That’s amazing. Now can you give us an introduction to Impulseven and its history?
Like already mentioned above, Impulseven is a project that was conceptualised by a group of developers in India. The Defi space was booming and booming and we have decided to create our own Defi project so that people could use our platform and benefit from the different products like farming, staking, lending and more. It will be a very dynamic Defi ecosystem that will work for the users. The more users the platform will have the more fees will be redistributed to the users. So, it will be a platform for the users and by the users.
So how did you get started with Impulseven, and why? Early on, did you see an opportunity to fill a void in the market?
Exactly, we have seen a gap in the market + a willingness from our group of developers to develop a defi platform so that people can benefit from it. There are lots of advantages using a DEX rather than a CEX…lesser fees,more speed and more security. And on top of this, we have designed a very user friendly platform to ease the life of the users.
What have been the biggest challenges for you and Impulseven since you started the project?
The biggest challenge was to kick off the project and develop the first platform — Staking which was launched in April 2021. It is important to highlight that we have injected our own seed capital to develop the platform. We have not gone through ICO to raise capital. This proves that we are serious in what we are doing and that we are exposing our own funds.
On my side, it was quite challenging to manage the whole project but I think that I have done it successfully and that we have a nice and strong team working on the project.