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AgoraBank: One of the Pioneers of the Banking 3.0 Revolution

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In recent years, most people have lost faith in the traditional banking system and many centralized exchanges (CEX), due to successive financial crises and default risks associated with centralization. Blockchain technology provides the opportunity to modernize the existing system. In fact, the emergence of decentralized finance (DeFi) that combines traditional finance with blockchain technology has revolutionized the financial sector. DeFi, which is expanding rapidly, has already become essential in the cryptocurrency sector as it promotes transactions without intermediaries via decentralized exchange platforms. Therefore, Blockchain technology has the potential to fill the need for innovation in the banking sector. In this context, AgoraBank breaks the codes by creating a new avant-garde model, the Decentralized Bank (Bank 3.0), capable of revolutionizing the banking system using the blockchain. He managed to position himself within a few months as a pioneer in the decentralized banking revolution. AgoraBank has created a decentralized banking platform that combines institutional banking services with cryptocurrency. Discover the Bank of Tomorrow now.

A team of world-renowned experts

The bear market has rid the blockchain world of some projects that were very unreliable. This situation has reminded consumers that it is essential to be well informed before investing. It is especially important to pay attention to the team behind the project to verify that it has all the necessary human and technological resources. A team of professionals with proven and recognized skills is the first guarantee of project credibility.

The team behind AgoraBank consists of 30 experts with globally recognized skills. Each member has at least 10 years of experience in his field of activity. Multidisciplinary, the Banking 3.0 team includes professionals from different sectors such as finance, banking, entrepreneurship, blockchain, DeFi, etc.

These experts have experience managing large companies around the world. They play major roles in the structures created in particular in Luxembourg, Paris, Madrid, Dubai and Switzerland. The AgoraBank team consists of, among others:

  • Financial experts in auditing, commerce and tax, such as Guillaume Antier, co-founder of AgoraBank, and Pierre Bechmann. Mr. Antier is an entrepreneur specializing in trade and finance for ten years. He is also an asset management specialist. As for Mr. Beckmann, he has solid experience in finance gained in Luxembourg.
  • DeFi and blockchain experts like Benoît Courtois, co-founder of AgoraBank. Mr. Courtois is a businessman with over ten years of experience in banking, insurance and finance. He is also an advisor who specializes in blockchain and DeFi, particularly in terms of applications and multitasking.
  • A chartered accountant who is also a very active auditor with over 30 years of experience.
  • From two business lawyers with more than 15 years of experience at the Bar of Paris.
  • Managers specializing in the management of investment funds in euros and cryptocurrencies.

AgoraBank team members have experience building trading platforms and early crypto banks. As a result, the AgoraBank team fully understands the challenges of Web3 to drive the new banking revolution. Co-founder Guillaume Antire explains:We have checked all the boxes of the prerequisites for a good coding project for users to form a community within the project“.

3.0 Bank is already working

You should know that many projects are presented to consumers without being functional. AgoraBank stands out from the competition because Banking 3.0 already works with an audited platform. The latter, which was developed with its own money, could have been launched in a few months thanks to the experience accumulated by the AgoraBank team, which owns the technology in-house. In terms of regulations, Bank 3.0 cooperates with the largest players in the market for all services available on its platform and is therefore able to offer the greatest security to its users.

One goal: to make banking 3.0 accessible to everyone

AgoraBank’s goal is to enable consumers to have access, today, to all of tomorrow’s bank products and services. Banking 3.0 makes blockchain technology and DeFi easier to access for the general public. For this, it has developed a unique blockchain platform that combines traditional finance and DeFi.

AgoraBank addresses the technological challenges facing the banking system today. It is positioned as a crossroads between the services of the new bank, crypto bank and decentralized exchange (DEX).

In addition, consumers can access all of AgoraBank’s services online, from anywhere and at any time. Thus, banking decentralization is a huge opportunity for the unbanked population.

AgoraBank wants to allow all of these residents to easily access banking services. According to the World Bank, approximately 1.4 billion people in the world, or 18% of the total population, do not have access to traditional financial services.

A banking platform that eliminates unnecessary middlemen

One of the main advantages of blockchain technology is that it eliminates unnecessary intermediaries. With decentralization made possible by blockchain technology, AgoraBank offers a full service including traditional banking and D.eFi without the intervention of unnecessary intermediaries.

For example, a consumer would not need to have their transactions approved by a central authority before they are validated. This is the opposite of the traditional financial system or centralized exchanges that hold their customers’ funds and control all transactions. With its decentralized system, AgoraBank wants to restore the trust of users that has been shaken by several financial crises and scandals in recent years, especially in the wake of multiple bankruptcies and closures of banks and centralized trading platforms.

To enable the removal of unnecessary intermediaries, AgoraBank works with like-minded partners in the DeFi and blockchain industry.

In addition, blockchain technology enables the AgoraBank platform to execute all transactions instantly while significantly reducing costs. Traceability and transparency are also guaranteed, as all operations are recorded and accessible in the blockchain.

Finally, transactions on the Banking 3.0 platform are governed by smart contracts, which allow them to be executed in complete security. All this allows AgoraBank to position itself as a decentralized, transparent and secure bank.

A fully user-driven ecosystem

AgoraBank has decided to put the user at the center of its ecosystem. With the banking platform 3.0, the user is no longer the traditional customer who is forced to submit to the law of his bank without any possibility to challenge the decisions he makes. He is now a real player in this new banking system, because he has real decision-making power. In this regard, says Benoit Courtois, co-founder of AgoraBank: “AgoraBank puts the user at the center of its ecosystem by giving them back the power“.

In a decentralized banking system, users are the sole holders of their funds through their cryptocurrency wallet. It is a radical way to break with the traditional financial system in which banks and institutions have absolute control over the funds on deposit.

AgoraBank revolutionizes the traditional system because it operates without holding the assets of its users. At the same time, it has decentralized governance (DAO) in which customers have the power to decide on the development of the bank. Finally, users are in complete control of their data and manage their assets confidentially.

A bank that offers a fairer and more equitable model

With AgoraBank, rewards are transparent and fair, unlike the opaque model of the traditional financial system. The redistribution of platform revenue is governed by rules written in the code. AgoraBank users can benefit from many products and services with fairly transparent and redistributed fees and commissions.

In AgoraBank DEX, which is accessible for free, users can recover commissions thanks to the swaps made. They have the ability to deposit cash into cryptocurrencies that other users will trade instantly. They can also earn income like brokers, without an initial investment.

In addition, AgoraBank offers its clients decentralized (trading 3.0) spot and futures trading. This has more than 50 cryptocurrency pairs available.

Bank 3.0 also offers an Agora Adventures solution to reward user participation in the community. This solution gives a score to a citizen whose development depends on the engagement and participation of the user. The different degrees offer several benefits including reductions in user fees on the platform.

Finally, the platform has its deflationary token. Concretely, the supply of tokens is limited to 300,000,000 AGO and the code includes a burning mechanism. All of this is covered in White papers on me website decentralized banking.

AgoraBank launches its new platform

To simplify the user experience, AgoraBank has just launched its new blockchain platform. The platform is a “one-stop-shop” that allows users to easily and quickly find all the traditional and DeFi financial services they need.

It must be said that AgoraBank would like to be, in the long term, a reference in terms of decentralized crypto banks. With this in mind, the platform has a busy roadmap that includes among others: payment cards, launchpad, crypto borrowing, and tokenization in the stock and real estate market.

Bank 3.0 has deployed its platform on both the BNB Chain and the Ethereum (Multi-Chain) network. I made sure to provide the AGO token with several use cases, namely: Cashback, Staking, and DAO. Finally, AgoraBank will soon launch its mobile app on the Play Store and App Store platforms.

to conclude

AgoraBank is modernizing and democratizing the traditional banking system to satisfy cryptocurrency fanatics and the general public. By applying Web3 and blockchain functionality to this system, it allows its clients to have complete control over their finances. Bank 3.0 AgoraBank has given itself the means to carry out this banking revolution. Benoit Courtois said: AgoraBank provides a revolutionary decentralized banking platform. We are building the bank of tomorrow by simplifying and making DeFi and blockchain available to everyone“. This statement shows that AgoraBank is really rooted in the 3.0 era.

A significant amount of experience is required to develop a platform that brings together, in a single application, institutional banking and crypto platform services. The Bank 3.0 team has been working in secret for several months now. Without marketing or advertising, the team has already managed to raise two million euros, directly on its platform. To take advantage of all the features of AgoraBank, you can access its new platform on its webpage.

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