Harumi Talks Cryptocurrency Lending on Crypto Mondays VR with Blockchain UniVRse
Blockchain UniVRse’s Annalese hosts a weekly webcast event, “Crypto Mondays VR”. In this episode, Harumi Urata-Thompson spoke about the current environment of decentralized finance and cryptocurrency, and her latest project as CFO at Celsius Network.
Celsius Network is one of the most popular cryptocurrency lending platforms. From this vantage point, Harumi provides an inside view of crypto lending business models that are driving some of the biggest trends in cryptocurrency today.
Celsius Network enables interest-bearing cryptocurrency accounts and low-fee lending that utilizes cryptocurrency as collateral. Companies like these platforms have grown significantly since they allow users to earn a substantial passive income on cryptocurrency digital assets, particularly in comparison to fiat-based savings account interest rates. They often offer higher interest rates on savings accounts and loan rates that are generally lower than traditional alternatives.
In the webcast, Harumi addresses key questions like:
What is Celsius Network and how does it work?
How does Celsius Network pay interest?
What was involved in fundraising $20 million during COVID-19?
Blockchain UniVRse is part of Bits and Tokens, a blockchain media company that focuses on the world of cryptocurrency. Their goal is to educate, inform, and teach the public about how cryptocurrency works and how it can be used in day-to-day life.