Ghost Trader DeFi Hedge Fund to Migrate to Ethereum Network for Enhanced Functionality and Growth Opportunities

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Lon­don, Unit­ed Kingdom–(Newsfile Corp. — Jan­u­ary 5, 2023) — Ghost Trad­er, a tok­enized decen­tral­ized finance (DeFi) hedge fund, has announced that it will be migrat­ing from the Binance Smart Chain net­work to the Ethereum net­work in Jan­u­ary 2023. The ini­tia­tive enables the com­pa­ny to focus on upgrades and improvements.

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Ghost Trad­er is a tok­enized decen­tral­ized finance (DeFi) hedge fund. In the lat­est progress, the com­pa­ny has announced plans to migrate from the Binance Smart Chain net­work to the Ethereum net­work. The move will take place in Jan­u­ary 2023, enabling the team to focus on upgrades and improve­ments that will facil­i­tate faster growth and success.

The migra­tion will pro­vide the team access to a broad palette of bet­ter tools to improve the func­tion­al­i­ty of smart con­tracts and infra­struc­ture with­in the Ghost Trad­er ecosys­tem. In addi­tion, the project will have native access to Ethereum and USDC sta­ble­coin as part of the most robust alt­coin ecosys­tem avail­able on the blockchain. The Ethereum net­work, the old­est and most sta­ble alt­coin envi­ron­ment, offers a more exten­sive reach to more adopters and cap­i­tal than all oth­er cur­rent alt­coin ecosys­tems. As a result, Ghost Trad­er hopes to ben­e­fit from organ­ic growth oppor­tu­ni­ties, thanks to the trust and trans­paren­cy of the Ethereum network.

As an essen­tial com­po­nent of the pend­ing migra­tion, Ghost Trad­er will also improve the func­tions of both the native GTR token and NFT (non-fun­gi­ble token) smart con­tract func­tion­al­i­ty and upgrad­abil­i­ty. The team hopes to posi­tion the project to imple­ment fur­ther antic­i­pat­ed upgrades by proac­tive­ly mov­ing to a more reli­able chain. The Ghost Trad­er team has com­mit­ted to pro­vid­ing com­pre­hen­sive train­ing and sup­port doc­u­men­ta­tion to ensure a smooth tran­si­tion for its community.

The move works towards the mot­to “to bridge the divide” by com­bin­ing tra­di­tion­al and mod­ern decen­tral­ized finan­cial tools to cre­ate a nov­el finan­cial instru­ment for its con­trib­u­tors. Over the ini­tial four-year peri­od, the project aims to move from asset accu­mu­la­tion to rev­enue gen­er­a­tion, trans­form­ing from a token-based util­i­ty to an NFT-based format.

Ghost Trad­er val­ues trans­paren­cy, fair­ness, con­fi­dence based on com­pe­tence, and fun­da­men­tal val­ue over hype. The team sees the move to Ethereum as defin­ing a new way for­ward in an indus­try that demands an inno­v­a­tive approach with mod­ern appli­ca­tions. Ghost Trad­er is excit­ed about this next phase in the project and looks for­ward to engag­ing with its com­mu­ni­ty to sup­port the move to Ethereum.

About the com­pa­ny — Ghost Trader

Ghost Trad­er is a decen­tral­ized finance (DeFi) hedge fund that aims to open the doors of hedge fund trad­ing to a broad­er audi­ence. The com­pa­ny has devel­oped an ecosys­tem that allows ordi­nary con­trib­u­tors to inter­act with traders on the blockchain, elim­i­nat­ing the need for cen­tral­ized cor­po­ra­tions to act as intermediaries. 

Poten­tial hold­ers can vis­it the fol­low­ing help­ful links for fur­ther updates:

Web­site | Twit­ter | Telegram

Media Details:
Com­pa­ny Name: Ghost Trad­er
Con­tact Per­son: Mark Hat­ter­s­ley
Con­tact Email: [email pro­tect­ed]
Web­site: https://gtr.uk/
City: Lon­don
Coun­try: Unit­ed Kingdom

To view the source ver­sion of this press release, please vis­it https://www.newsfilecorp.com/release/150158



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