In a world where a few seconds can change the outcome of a heavy trading session, the inefficient nature of blockchain and its fragmentation become a real obstacle to generating a consistent output so integral to any business process. High transaction fees, coupled with a necessity to wait for transactions to be processed (sometimes a considerable time) could put under threat the whole enterprise of trading in the environment where the market is so dynamic and volatile, and the minute in crypto could cost more than a week in a Forex space. This was prior to the time when the brainchild of Slavi Kutchoukov – Slavi DApp – disrupted the space with its blazing market proposition, once and for all.
With the appearance of Slavi DApp on stage, the problem of the variety of chains in the space transformed into a single unified solution. With the vast blockchain capability of over 30 decentralized networks, Slavi DApp makes a breakthrough in the direction of a smooth universal blockchain experience – similar to the internet. Based on the Web3 initiative, Slavi DApp ensures direct connectivity between wallets and protocols, eliminating the unnecessary interaction with the third party and giving users the reign of control over their funds. The project is currently undergoing a $2 million-investment round, with a purpose of putting this bold aspiration into practice.
Striving to make use of the exhilaration created around liquidity farming, Slavi DApp came up with a unified staking solution for the SLV token, bringing up to 200% earnings in APR. Further, by bridging bank cards to the decentralized wallets, Slavi DApp has achieved the level of integration stretching far beyond the boundaries set by blockchain, also settling an anchor in the real world. The ambitious goal of creating a universal SuperDapp may not be so unattainable, after all; Slavi has already effectively packed the vast world of multichain into one single user-friendly app, empowering users for the new era of connected experience.
What’s your background and how did you get started in crypto?
I will try to keep the long story short. So, I am a serial entrepreneur and Founder of several successful projects. I’ve started with the real estate and fashion industry in Germany, UK and then continued my business in the UAE.
I’ve been involved in crypto since 2017, when Bitcoin price went up and many people talk about it. As you can see with an entrepreneur background it’s not that hard for me to learn about new technology like Bitcoin, and other crypto stuff.
How did you come up with an idea to create a Slavi project?
A very good question! We are now moving towards a decentralized internet, as cross-chain technology keeps improving and offering many secure transactions. But not so many platforms are capable of passing across different blockchains. So, after a deep research of problems and trends of the DeFi industry, we decided to develop our own decentralized application — Slavi — that will support as many blockchain protocols as possible and offer the users all-in-one solution.
What blockchain protocols do you plan to integrate firstly?
The first release of the Slavi platform will support several blockchain protocols, namely Binance Smart Chain, Polkadot, Bitcoin, Litecoin, Dash, Ethereum, Tron and Polygon. But we have very ambitious goals and will continue the development of our ecosystem by integrations with Mina, Solana, NEAR, Avalanche and others. In total, we plan to have 30+ blockchain protocols integrated in one interface.
That’s really ambitious goals! What other features does the Slavi platform have?
There is a very long list of features that our product includes – cross-chain bridge, crypto exchange, cold storage, staking and liquidity mining, NFT marketplace, analytics page and even bank cards, connected to USD, EUR, AED and other fiat currencies.
Okay. At what stage your project is now?
We are almost finished with the first version of our Slavi DApp that will include seed-phrase, cold storage, transfer of coins, wallet generation functions and plan to release it in the next few weeks. We’ve successfully completed Pre-seed and Private sale rounds with $1,500,000 collected funds. Now, we are conducting a Seed round on Slavi website with allocation of 10,000,000 SLV tokens. So, every user can participate in the SLV token sale.
What is your plan for the distribution of SLV tokens?
SLV tokenomics is very rewarding, but at the same time, balanced and is designed to give Slavi project a steady way up, so we can break into the mainstream, and start to actually help people and give them the best all-in-one DeFi platform.