Results of CrossFi Foundation's Airdrop Campaign

We're glad to announce the conclusion of the Airdrop campaign - many thanks to all participants who joined us on the journey! ❤️

We had a lot of applications. The prize pool is increased to give out more rewards!

More than 14,000 participants will be rewarded with MPX coins! We will pay out rewards to the selected entries within the next week.

Don't miss out on the chance to participate in other programmes and campaigns of CrossFi Foundation:

🔹https://xfi.foundation

Stay tuned for updates!

CrossFi Foundation Gleam campaign is completed

We are glad to announce the results of the Gleam contest. Thanks to each participant who joined us on this journey. Our community's enthusiasm and active participation have made this campaign an success!

Find out the winners list (from the 1st to the 500th places):

🔹https://gleam.io/sxY8Z/crossfi-foundation-giveaway

Please contact us via Discord and specify your wallet to get the rewards in MPX coins: https://discord.gg/crossfi

Congratulations! ❤️

Don't miss out on the chance to participate in other programs and campaigns of CrossFi Foundation:

🔹https://xfi.foundation

⚫️ What problems can Cross Finance help to solve in Asia?

Fintech in Asia has been born among the first and outperforms other regions. Financial disparity and high-cost remittance are top problems that Cross Finance aims to help solve in the region.

Bank the unbanked

Cross Finance provides access to banking services without barriers of traditional financial institutions.

🔹Among emerging fintech economies, more than 70% of the adult population in Southeast Asia have limited access to financial services or are unbanked, according to Bain. This is 483 million people. Indonesia is an obvious spot with half of its 274 million population lacking access to proper financial services.

Remittance markets

Cross Finance offering remittance payments based on blockchain technologies gives a sustainable alternative in the Asian market.

🔹Globally remittance payments cost around 6.20% of the amount sent: cutting fees just by 5% would save at least $16 billion each year, per the World Bank.

🔹India is the champion in receiving remittances with a staggering $100,000 million market in a year, or almost 3% of its GDP. China receives around half of that, the Philippines $38,000 million, and Vietnam $19,000 million. 

Providing alternatives to individuals

Cross Finance chain has a global business model and therefore can provide access to alternative financial solutions to individuals.
🔹According to McKinsey, more than 70% of the Asian population is expected to be part of the consuming class by 2030 with a growing demand for more sophisticated and diverse solutions for personal finance. 

🔹80% of people in China and India already use fintech solutions for digital payments, so a significant portion of personal finance solutions are also expected to be digital.

Providing alternatives to businesses

Cross Finance payment processing system also can help small and medium e-commerce businesses to get the most out of their efforts by reducing processing fees and increasing security.

🔹 Small and medium enterprises in Asia which correspond to more than 95% of all businesses are looking for the cheapest and safest ways to accept payments. With the Asian population being among the most tech-savviest, the e-commerce Asian market presents a real opportunity to be among the leaders in crypto adoption.

Learn more about Cross Finance products and solutions: https://crossfi.org/