There is little speculation that the future of currencies is digital. Tokens have become a commonplace occurrence in an industry now worth trillions of dollars. While many companies are clamoring to set up the new best thing in crypto, LFi is busy perfecting it.
This article explores how LFi began, who its new CEO is, and why you need to be paying attention.
The History of LFi
LFi was born out of the idea of providing a globally equitable and sustainable economic system that decentralizes wealth. Providing equal opportunities for financial autonomy and participation in wealth generation for all was the aim.
From its inception, LFi has strived to provide financial independence to its users worldwide. The company’s name revolves around this vision – LFi stands for Layered Financial Independence. A core aspect that LFi attempts to focus on is the accessibility, transparency, and security of its users. This is a vision that is instilled into the history of LFi and its operations today.
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The first task was to build a core team with expertise in the field and make a robust, secure platform. Setting up an innovative research and development team was next. After building up its in-house capabilities, LFi moved towards loftier goals.
Growth
As the crypto verse grew so did LFi. Demand for robust minting platforms grew and LFi pursued the development of its own minters to enable people to participate in securing the LFi blockchain and earn blockchain rewards.
Today, there are 4 minters that are planned for launch soon, with varying processing powers – the xLFi 500, xLFi 1000, xLFi 10000, and the xLFi Validator.
View video to know more: Here
The company has also expanded into the competitive smartphone market with the introduction of the LFi One – a smartphone with minting capabilities. The true Web3 phone was officially launched in September with a soft launch and is expected to be in the hands of pre-order customers by the end of the year.
The company has delivered the first 150 LFi One smartphone devices to lucky pre-sale customers at the CoINfluence event recently held in Dubai.
To watch the event video, click here: Here
The Future of LFi
A major step in the journey and history of LFi LFi is the appointment of Luiz Góes as CEO. As a tech entrepreneur with a wealth of experience in the blockchain industry, Luiz plays a key role in the future of the company.
Luiz has previous experience as an advisor to the digital officer for the government of UAE and commendations from the Brazil Government for spearheading LG bank – a local crypto bank.
Luis Góes focuses on bringing LFi to the next stage of development, adhering to the values upon which LFi was built. Its mission is to enable people’s financial well-being through an inclusive, transparent, and secure platform, powered by a community-driven DAO, offering accessible financial prospects.
LFi steps into a new era of providing software solutions in the crypto universe with an experienced CEO at the helm.
Watch: LFi Manifesto
About LFi
LFi is a technology company that aims to empower the global fintech movement with new and innovative offerings that combine cutting-edge hardware with next-generation software. Leveraging the power of advanced computing and blockchain technology, LFi seeks to realize a future of financial independence through integrated products and solutions.
Discover More. Dive deeper into LFi’s groundbreaking journey. Visit our website or follow us on our socials to keep up with our latest updates.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/09/11/the-history-of-lfi-and-the-future-with-luiz-goes/?utm_source=rss&utm_medium=rss&utm_campaign=the-history-of-lfi-and-the-future-with-luiz-goes