RockX lowers barrier to entry for digital asset economy

The new Staking-as-a-Service platform from RockX is designed to help build a blockchain ecosystem

Digital asset services platform RockX has launched the first product of its comprehensive suite of services.

The Staking-as-a-Service platform was launched during Shanghai Blockchain Week and will allow users to stake digital assets in select public blockchains.

These public blockchains include IOST, Cosmos, Terra, IOTeX, and ARPA. Individuals will also receive regular staking rewards based on their contribution.

Alex Lam, co-founder and CEO of RockX, said: “Professional, easy-to-use Staking-as-a-Service platforms are what the digital assets sector needs to bridge the gap between crypto enthusiasts and the masses. These are the customer-focused services which will draw mainstream users to the space, particularly during ongoing market volatility.

“With our product launch, users can easily earn rewards on their passive holdings. RockX is promoting long-term, sustainable growth for the industry – we look forward to introducing a range of products creating a more predictable marketplace suited to institutional actors as well as consumers.”

Promising partnerships

RockX has already signed partnership agreements with:

  • Matrixport, a leading platform for digital asset OTC trading, lending, and custody
  • Bitpie, an industry-leading multi-blockchain wallet
  • Terra, a price-stable cryptocurrency

 

These partnerships will support RockX in its endeavour to secure digital asset services and form a sizeable ecosystem. As the ecosystem continues to grow, users can also expect to benefit from a forthcoming mobile application, which will offer users a unique Proof-of-Stake (PoS) and Proof-of-Work (PoW) hybrid service as the company’s second major product launch.

The mobile application will provide user-friendly access to digital assets for both PoS staking and PoW mining. It will offer unique mining opportunities as well as additional services which users may leverage based on their personal risk appetite and understanding of cryptocurrency markets.

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