Vietnam-based digital investment platform, 100Man, announces its partnership with fellow digital asset investing application, ONUS, in a bid to simplify the cryptocurrency investment process for the younger generation.
Aimed at those who are looking for methods to ensure their financial independence, the pair has seen increased demand for personal finance management and investment interest. The higher adoption rate of technology by GenZ created an opportunity for 100Man and ONUS to provide infrastructure to make financial independence a reality without overcomplicating the steps involved.
“Being in this industry, 100Man operates on a much larger scale as compared to other traditional microfinance businesses. We aim to help retail investors who are new to the market by offering a simple micro-investing solution, and providing access and high levels of services equivalent to high net worth individuals within the crypto space,” said Mr. Do Minh Thai from 100Man.
Trusted by over 300,000 users, 100Man has amassed over US$1.62 million in transaction volume of cashback performance since August 2021 and more than US$1 million of total earning feature deposited. Currently, the average balance per user is US$638 and 73% of depositors continue to use the earning feature following its launch in March this year.
Partnering with notable e-commerce brands like Shopee, Lazada, Tiki, Sendo, and other international brands including Adidas, Nike, and IVY, the platform continues to grow with more opportunities arising to expand the choices available to consumers. 100Man is also part of the booming Accesstrade affiliate platform which includes hundreds of brands in its cashback program.
Its latest partner, ONUS, is also playing an integral part in making financial investment accessible to all. Having aided more than 1.5 million people kickstarting their investments, the barriers to equal financial opportunities are gradually being broken down, allowing anyone and everyone to take control of their financial future.
In the second quarter of 2022, 100Man aims to reach US$3 million in total deposit value, followed by the release of its staking feature in the third quarter to raise assets under management to US$5 million. In the next quarter, the auto-invest feature will be launched, allowing users to leverage reliable traders for copy-trading, plan their coin investments with recurring buys, or have a robo-advisor to optimize their investment.
The core features of 100Man include:
- Safe Earning Feature:
- Users can stake VNDC stablecoin equivalent to VND with 12-14% annual percentage yield (APY) with 100Man’s partner, ONUS.
- Staking USDT (which is similar to USD) is also available on 100Man
- The upcoming Robo Advisor feature:
- The upcoming robo-advisor feature will help 100Man users optimize their investment based on their risk level
- Suitable for investors new to the environment
- Users can choose from 20 different levels of risk. 100Man will utilize this data to allocate the investment
- The higher the risk, the higher percentage of coin investment in the portfolio.
- The ratio between stablecoin and other coins will fluctuate based on the two rules of “Buy low, sell high” and “Dollar-cost averaging (DCA)”
Investors interested to find out more about 100Man can follow the latest updates via its website, Facebook Group, or Instagram.
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