Freeda was launched in June of 2020 with a simple yet noteworthy objective: to make cross-border payments instant, cost-effective, and convenient for users of all types and backgrounds all around the world. Since then, a lot has happened. The COVID-19 pandemic struck, forever recalibrating the way we think of everything from in-office work to supply chain design and resilience; Bitcoin hit a new all-time-high; the US held a monumental election; macroeconomic turmoil, uncertainty, and inflation slowly yet steadily increased; the institutional adoption of crypto progressed at a significant pace; El Salvador formally adopted Bitcoin as a means of payment; the Russian invasion of Ukraine was initiated; “crypto winter” started; and the list goes on.
Irrespective of what happened, however, all of us at Freeda did our best to stay focused and concentrate on our mission. What a journey it has been! Continuous research and experiments; an infinite amount of coffee to power through endless hours at night that merged into days and weeks; Zoom calls at all hours of the day to facilitate real-time collaboration with remote global teams in different time zones; thousands of emails; hundreds of legal opinions; hundreds of design concepts that were whittled down to the very best ones for our users; global expansion of our teams; thousands of lines of code that were written, QA’d, improved, and deployed; innovative ideas were drawn up to deliver best-in-class services and offerings that met regulatory requirements; and we constantly and relentlessly pursued learning and new discovery. It takes time to build. It takes even more time to rebuild. At Freeda, we did both.
Today, we are prepping the launch of the Freedaverse — a suite of products and concepts never seen in the market before. At the core of the Freedaverse is the Freeda Blockchain. The Freeda Blockchain will provide cross-border transfers for our users at near-zero cost, along with many other benefits that will allow our users to earn, invest, socialize, create, and prosper — all with the security, transparency, and efficiency of our blockchain-powered platform.
What’s more, the Freedaverse will give that power back to the community via the Freeda DAO, which will become the driving force behind every product we launch. All of these offerings will be wrapped in the non-custodial Freeda Wallet, ensuring the principles and spirit of decentralization come first but with the convenience centralized services provide.
We bring choice and freedom with multiple exchange mechanisms built into Freeda Wallet, from the ability to unlock the unseen potential of NFTs to other benefits of cryptocurrencies being fully applied in both the physical and virtual worlds. We went as far as manufacturing our own kiosks that will eliminate barriers to entry and participation and will fairly provide access to new financial opportunities to all. We are here to make Web3 a native choice for people all around the world, and we’ve put together a suite of fast, effective, performant, and user-focused features and services to do just that.
As our launch date draws nearer, we have started to actively engage with our community to test out our new products. We want your opinions and feedback. We encourage everyone to subscribe to our blog, newsletter, and social media accounts. Many exciting announcements are coming over the next few months, and we want you to be at the forefront of the next phase of the Freeda revolution.
Onward and upward,
Freeda Team