Unfortunately, when people think of Ukraine in 2022, they are reminded of the ongoing conflict between the country and Russia. Despite this, Ukraine managed to receive an unprecedented amount of donations during this period, which the country used to procure food, medicine, water and other essential components. Perhaps the most notable aspect of this is that these donations were primarily made through crypto and other digital assets, rather than through traditional means like banks.
Therefore, a cryptocurrency exchange called QMALL has announced a partnership with Ukrainian boxing champion Oleksandr Usyk. Both Oleksandr and QMALL have a common goal, which is to strengthen the Ukrainian market so that it can operate and compete on a global scale.
What is there to know?
It has often been said that there is power in collaboration and that seems to be the case with the aforementioned new partnership between QMALL and Oleksandr. The joint efforts and support of the crypto exchange and Oleksandr Usyk for Ukraine will demonstrate the unification of the two leading brands to audiences around the world. With that in mind, Oleksandr will be appearing in front of the crowd with QMALL items, with the fight between him and Anthony Joshua set to take place on August 20th.
This isn’t the first time crypto companies have gotten involved in the world of esports, either, as famously illustrated by the recent name change of Los Angeles’ legendary Staples Center to Crypto.com Arena. In fact, Crypto.com was even selected as the official sponsor of the 2022 FIFA World Cup in Qatar.
How can QMALL help the European market recover?
Although the market has embarked on its slow path of recovery, most of the European market is still reeling thanks to the global COVID-19 pandemic and the Russia-Ukraine conflict. Because of this, more companies and businesses need to take the initiative to get the economy back on track.
The impact of cryptocurrency donations has already been discussed and hence the collaboration between QMALL and Oleksandr could be beneficial for the market and help it to recover as cryptocurrencies are not only still extremely popular around the world but also the amount of attention that gifted to the mainstream about these digital assets should not be underestimated either.
In addition, QMALL has a European license and is legally authorized there. As of now, there are over 300,000 European traders on the exchange, and various launchpads for new European cryptocurrency projects are scheduled to launch on the exchange this September. QMALL’s users are also allowed to invest in all kinds of new and exciting projects exclusively through the exchange’s token, which provides holders with various kinds of additional benefits and also directly impacts growth.
What about past achievements and future goals?
In terms of previous successes, a significant event in the industry was QMALL’s announcement regarding the creation of Europe’s largest Launchpad (QPad) available for crypto startups from different countries. The project is set to be presented in collaboration with Silicon Valley’s French counterpart, Sophia Antipolis. Aside from obtaining the aforementioned European license, QMALL has also integrated Euro-Fiat currency for its respective services.
In the near future, QMALL will have the new launchpads and the first Ukrainian Crypto Bank is also currently under development. Additionally, crypto cards will be launched alongside the world’s first meta-cryptocurrency exchange.
Be sure to follow QMALL’s LinkedIn, Twitter and Telegram channels, as well as the official website for regular updates.