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Embr is revolutionizing the way startups and creators participate in the Web3 fundraising infrastructure with its all-remote corporation. Their latest product release, Embr Checkout, aims to eliminate the complexities and challenges associated with purchasing digital assets in the crypto space.
Traditionally, buying tokens has been a cumbersome process for both beginners and experienced users. Embr Checkout changes that by allowing users to purchase tokens using just a credit card and email. This user-friendly approach removes the need for crypto wallets or assets, making it easier for anyone to support disruptive technology projects.
Embr Checkout prioritizes security and trust. It incorporates Embr Verified, the Web3 equivalent of PayPal verified, to ensure a safe environment for transactions. All projects are screened for anti-money laundering (AML) compliance by Sentinel Protocol, an AI/ML-powered threat intelligence program trusted by major companies like Samsung and Coindesk. Additionally, Embr conducts KYC checks on project founders and monitors liquidity pools in real-time to maintain sufficient liquidity.
With Embr Checkout, users can seamlessly navigate across multiple chains, eliminating the need for analog contract address entries. Gas fee and slippage calculations are also taken care of, simplifying the overall process. Furthermore, there are no setup, monthly, or hidden fees for token-based projects, making it accessible to everyone.
Currently in private beta, Embr Checkout has already facilitated successful transactions of over half a million dollars for more than 50 token-based projects. Embr plans to release a public version by the end of July 2022, enabling project leaders building on any of the 20 supported chains to conduct token sales directly on their websites.
To ensure the highest level of security, Embr Checkout undergoes regular audits by Hacken, a leading blockchain security consulting firm. Additionally, they have a bug bounty program in place through HackenProof, which helps identify and address any potential security vulnerabilities.
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