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SpiderDAO To Assure Investors With SPDR On Xangle T!Cker

Feb. 09, 2021 5:35 AM ET
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  • Decentralized VPN service provider SpiderDAO joins Xangle to provide transparent information for investors.
  • Xangle is a leader in digital assets disclosure and blockchain company information services.

Hardware-enabled Decentralized Autonomous Organization SpiderDAO will now share real-time network and business information through digital assets disclosure platform Xangle’s popular T!cker service, SpiderDAO announced in a press release.  The partnership is viewed as a step towards transparency and the simplification of due diligence for investors interested in SpiderDAO’s decentralized VPN network and, more recently, its Liquidity as Utility features.

The decentralized VPN services provided by SpiderDAO make use of its SPDR token. This utility token will now be featured on Xangle T!cker.

SpiderDAO founder and CEO Nathan Varty spoke of his commitment to transparent investor information and how the partnership is a step towards it. “We are determined to give a transparent, reliable, and user-friendly interface to our clients for data access and procurement. The team-up with Xangle will help SpiderDAO deliver important company-based information and disclosure seamlessly,” he said.

Xangle is a company dedicated to providing digital asset insights and disclosures. Its due diligence reports help investors make better informed decisions. Just as useful is its automated disclosure feed, Xangle T!cker, which is used by exchanges such as Bithump, Gopax, and Bitfinex to update holders on each token offered. Xangle's recent report found that over $16 billion in funds have fallen prey to cryptocurrency-related scams since 2012, making the type of disclosures SpiderDAO has committed to all the more vital to the health of the space.

Through SPDR’s inclusion on Xangle’s service, SpiderDAO is set to assure its investors with regular disclosures and updates.

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 create a scalable, community-driven ecosystem.

Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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