SpiderDAO Announces Partnership with Xangle to Provide Disclosure

Feb 05, 2021 at 11:09 // PR
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SpiderDAO’s partners will receive access to Xangle's global crypto asset disclosure platform for crucial data and information about SpiderDAO.

SpiderDAO, a decentralized VPN service provider, has begun a partnership with Xangle, a company specializing in digital assets insights and crypto disclosures. SpiderDAO’s partners will receive access to Xangle's global crypto asset disclosure platform for crucial data and information about SpiderDAO.

The announcement follows the release of a report by Xangle stating that $16 billion worth of funds have been lost because of crypto scams since 2012. By including the Xangle service, SpiderDAO aims for its users to be confident in the regular disclosures and updates that the project provides. 

Xangle’s Due Diligence reports aid investors in decision making. The company’s automated disclosure feed, the Xangle T!cker (produced in partnership with Bithumb, Bitfinex, and Gopax, and other crypto exchanges), provides all recent disclosures on each token. SPDR, SpiderDAO’s token, will be added to the Xangle T!cker.

“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,”

 says Nathan Varty, founder and CEO of SpiderDAO.

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 sixty crypto projects globally, Xangle has managed to mark its presence in the industry. It offers important facts and figures of over 2300 projects, out of which 460 projects are giving direct information on the website. Leading crypto exchanges like Bithumb, Bitfinex, OKEX, Liquid, Coinone, Korbit, etc, are using Xangle services to give information access to their investors.

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