Top 5 Covest Labs Competitors & Alternatives And Similar Financial Services Projects

The world's first hybrid social trading platform built for the next generation of social trading that enables anyone to swap, trade, and copy crypto trades in a simple and secure way.

AI , DeFi , Financial Services , Social trading

Arbitrum

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Lots of people are interested in investing in cryptocurrencies but the overwhelming complexity of the market and vast amount of different options makes starting investing in cryptocurrencies hard for people without extensive technical knowledge. Due to the high volatility of the crypto market an inexperienced investor is also in huge risk to make great losses. Ovoro aims to simplify investing in cryptocurrencies to the level that anyone interested can start in minutes. At the same time as Ovoro simplifies the investing it also does safeguarding so that it’s less likely for the user to lose invested money in the case of huge drops in the value of assets. Ovoro does quantitative trading and charges a small fee for every trade made. On top of that a commission on profits will be charged. Company’s founders have been interested in cryptocurrencies for a good while. They have used different cryptocurrency exchanges and applications and found it difficult to find easy to use and trustworthy applications for cryptocurrency investing. With tens of years of experience in software business we know how to develop an application that is simple enough for anyone to use. The open beta of the Ovoro application is already available in Google play store and in Apple’s testflight. The beta version does not support real money transfers but has been installed on over 700 devices. At the time of writing 412 users have accepted our launch offer which is “no commission on profits for the first year of usage”. Week 1 user activity by cohort is currently 23.9%. Seed round will be used to implement real money transfers in the application and obtaining required operating licences in Spain and Finland where the Ovoro is launched in the first phase. After that, due to high interest, we have planned to launch Ovoro in south east asia.

Finance / Banking , Financial Services , Retail , Trading

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A web3 tool that acts as a neutral third party between buyer and seller to protect both parties from potential fraudulent actions of the other by using smart contract on blockchain.

DeFi , Financial Services

Avalanche , BNB Chain , Ethereum , Fantom , Polygon , view 1 more

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African first decentralized exchange with an nft market place

DEX , Financial Services

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Digital Asset Brokers is a comprehensive platform that provides a wide range of services related to digital assets. Our platform is designed to meet the needs of individuals and businesses in the digital asset space, offering a full scope of services to support their financial and transactional activities. Our key services include: Lending: We offer loans against digital assets, allowing users to access liquidity without selling their assets. Borrowers can leverage their digital holdings as collateral and receive loans based on the assessed value of their assets. Layaways: Our platform facilitates the purchase of digital assets through layaway plans. Users can secure their desired assets by making regular installment payments over a defined period, making it easier to acquire high-value assets over time. Escrows: We provide secure escrow services for digital asset transactions. Our platform acts as a trusted intermediary, holding the assets in escrow until the agreed-upon conditions of the transaction are met, ensuring a safe and transparent exchange for both parties. Appraisals: Our team of experts offers professional appraisals for digital assets, providing accurate and independent valuations. This service is essential for individuals and businesses looking to assess the value of their digital holdings for various purposes, such as investment decision-making, insurance, or financial reporting. Gaming Game Participation: Users access the Digital Asset Brokers gaming platform and participate in various games specifically designed for NFT rewards. These games could involve challenges, competitions, or other interactive experiences. NFT Prizes: As users successfully complete the games, they have the opportunity to win NFTs as prizes. These NFTs can range from digital collectibles, art pieces, or other valuable virtual assets. Seller Benefits: The NFTs that are won through the games are sourced by Digital Asset Brokers. Sellers who have listed their NFTs on our platform are eligible to have their assets included in the gaming system. When a user wins an NFT that is sourced from a seller, the seller receives a portion of the proceeds from the liquidation of that NFT. Liquidation Process: Once an NFT is won through the gaming system, Digital Asset Brokers handles the liquidation process. We ensure that the NFT is transferred to the winner securely and efficiently. The seller receives their portion of the proceeds from the liquidation, providing them with a return on their NFT investment. Through our comprehensive suite of services, Digital Asset Brokers aims to empower individuals and businesses in the digital asset ecosystem by providing them with reliable, secure, and convenient solutions. Our platform is designed to simplify complex financial processes, enhance liquidity, and facilitate trust and transparency in digital asset transactions.

Financial Services , Lending , Marketplace

Avalanche , BNB Chain , Ethereum , Fantom , Polygon

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