Überstate Corporate Updates and Partnerships - Here’s What’s New and What’s in the Past
Überstate has expanded remarkably over the years, becoming a project that serves a wider array of investors throughout the financial investment ecosystems. As the third week of the month comes to an end, a lot has happened at Überstate in the previous weeks of June 2022.
Major highlights for the month of June 2022 include:
Überstate Sponsored Summer of Sound Music Event in Winnipeg
The electronic music festival, Summer of Sound, was held on Friday, June 10, 2022, at Winnipeg, Canada. Überstate was the title sponsor for Summer of Sound. A number of well-known artists and DJs including Alesso, Jauz, Matroda, Cheyenne Giles, Haus Of Panda and Good Times Ahead performed at the festival.
10,000 people attended the Summer of Sound festival and almost half of them downloaded the Android application for the Überstate mobile app wallet (Download link). Überstate will very soon release the iOS version of the application for Apple users.
Darcy Belanger Bids Farewell to Überstate Board of Directors
Überstate has confirmed that Darcy Belanger is no longer a part of the company. Darcy Belanger recently notified the board of directors of Überstate Inc. of his decision to resign as the Director of Special Projects. Darcy was a major part of the joint venture between the First Nations tribes in Manitoba and Überstate, and managed to help the company complete several projects identifying innovative approaches and improved solutions for business challenges, especially in the DeFi and FinTech sectors. Überstate management offers its heartfelt thanks to Darcy for all his services during his time at the company. Moreover, Überstate wants to state that it will not be responsible for any actions taken by Darcy Belanger.
Darcy has been accepted into North Forge, which now makes them responsible for all his actions. Furthermore, Darcy is moving on to become his own ecosystem, and for that, the Überstate wishes him progress and success with more opportunity in this new chapter.
The Agonizing Week in the Cryptocurrency Industry
This week was one of the most shocking weeks in the cryptocurrency market’s brief existence. Cryptocurrency, a growing technocratic sector with ambitious goals of reinventing the financial structure, was frequently startled by echoes of previous crises in the old system. It had been a week of margin calls, pressure-selling, and significant collateral being exposed as far too illiquid in a crisis. There were rumors circulating of hedge-fund collapses, reports of opportunistic predatory trading, job downsizing, and outright denials of difficulties from important participants that were quickly proven false.
Throughout everything, the notion that the cryptocurrency financial system was somehow resistant to the economic realities that were presently crushing the traditional financial system was shattered.
About Überstate
Überstate, which was founded in 2017, is one of the projects at the vanguard of the global financial revolution, functioning as a decentralized investment platform as well as the first DeFi platform to exploit the potential of blockchain in real estate. In essence, anyone can trade real estate assets anywhere in the world using Überstate.
Überstate’s mission is to make cryptocurrency more accessible to everyone by making it as simple as opening a mobile bank account. Most individuals get their crypto via exchanges, but Überstate has a bank interface with an institutional approach that makes it easier for customers who currently use banks to get their crypto.
Official Website: https://uberstate.io/
