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SpiderDAO Commits to Transparency With Xangle Partnership

by Press Release
February 3, 2021
in Industry Announcements

Decentralized VPN provider and blockchain network SpiderDAO has announced its collaboration with Xangle, a leading transparency service. The partnership will allow SpiderDAO’s partners to access crucial information and data on the Xangle website via its global crypto asset disclosure platform.

SpiderDAO will make use of Xangle’s services to deliver important company-based information and disclosure information among end users. The announcement comes after a Xangle report showed that over $16 billion has been lost to crypto scams since 2012. The dVPN network is determined to give its users peace of mind through a transparent, reliable and user-friendly interface where they can stay updated with relevant real-time information.

As part of the agreement, SpiderDAO has filled a due diligence report for Xangle that aids investors in the listing process on crypto exchange portals. Leading exchanges such as Bithumb, Bitfinex and Gopax use Xangle’s automated disclosure feed Xangle T!cker for these purposes. This feature will now include a simplified display of any and all recent disclosures related to the SPDR token. The inclusion of SPDR in the Xangle T!cker is part of the service’s effort to curate an interface free from language restrictions where investors can access important information.

SpiderDAO is a decentralized VPN service provider and blockchain platform focused on bringing online privacy to the end user. As a decentralized autonomous organization (DAO), it implements a multi-layered governance setup based on hardware and software tools on top of a fair and resilient hardware-based DAO built on Polkadot. The SpiderDAO Dashboard, SPDR Token and SpiderConnect Router come together to create a robust, scalable and community-driven ecosystem.

Xangle provides project information as well as information about on-chain transactions per user on its channel. With a strong asset portfolio constituting more than 60 crypto projects globally, Xangle has managed to mark its presence in the industry. It offers important facts and figures of over 2,300 projects, out of which 460 projects are giving direct information on the website. Leading crypto exchanges like Bithumb, Bitfinex, OKEX, Liquid, Coinone, Korbit and more are using Xangle services to give information access to their investors.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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