AgoraBank: A pioneer of the banking revolution 3.0

In recent years, most people have lost faith in the traditional banking system and numerous centralized exchanges (CEX), due to successive financial crises and default risks associated with centralization. Blockchain technology gives the opportunity to modernize the current system. Indeed, the emergence of decentralized finance (DeFi) which combines traditional finance and blockchain technology is revolutionizing the financial sector. DeFi, which is expanding rapidly, has already become essential in the cryptocurrency sector as it promotes middleman-free transactions through its decentralized exchange platforms. Blockchain technology therefore has the potential to fill the need for innovation in the banking sector. In this context, AgoraBank breaks the codes by creating a new avant-garde model, the decentralized bank (bank 3.0), capable of revolutionizing the banking system using blockchain. It managed to position itself within a few months as a pioneer of the decentralized banking revolution. AgoraBank has created a decentralized banking platform that combines institutional banking and cryptocurrencies. Discover the bank of tomorrow now.

A team of world-renowned experts

The bear market has rid the blockchain world of several projects that were highly unreliable. This situation has reminded consumers that it is essential to be well informed before investing. It is especially important to pay attention to the team behind the project to verify that it has all the necessary human and technological resources. A team composed of professionals with proven and recognized skills is the first guarantee of the reliability of a project.

The team behind AgoraBank consists of 30 experts with globally recognized skills. Each of the members has at least 10 years of experience in their field of activity. Multidisciplinary, the banking 3.0 team includes professionals from various sectors such as finance, banking, entrepreneurship, blockchain, DeFi, etc.

These experts have the experience of managing large companies around the world. They play a key role in the structures created especially in Luxembourg, Paris, Madrid, Dubai and Switzerland. The AgoraBank team consists of, among others:

  • Financial experts in auditing, trading and taxation, such as Guillaume Antier, co-founder of AgoraBank and Pierre Bechmann. Mr. Antier has been an entrepreneur specializing in trade and finance for ten years. He is also a specialist in Asset Management. As for Mr. Bechmann, he has solid expertise in finance, which he acquired in Luxembourg.
  • DeFi and blockchain experts like Benoît Courtois, another co-founder of AgoraBank. Mr. Courtois is an entrepreneur with more than ten years of experience in banking, insurance and finance. He is also a consultant specializing in blockchain and DeFi, especially regarding their many applications and implementations.
  • A chartered accountant who is also a very active auditor with over 30 years of experience.
  • By two business lawyers who have more than 15 years of experience at the Paris Bar.
  • Managers specialized in managing euro and crypto investment funds.

AgoraBank team members have experience building trading platforms and early crypto banks. As a result, the AgoraBank team fully understands the challenges of Web3 to drive the new banking revolution. Its co-founder Guillaume Antier explains: “We checked all the prerequisite boxes of a good crypto project, that users form a community within the project“.

A bank 3.0 that already works

You should know that many projects are presented to customers without being functional. AgoraBank stands out from the competition because banking 3.0 is already operational with an audited platform. The latter, which was developed with its own funds, was able to be launched within a few months thanks to the experience gathered by the AgoraBank team, which owns the technology in-house. In terms of regulations, bank 3.0 collaborates with the biggest players in the market for all the services available on its platform and can thus offer the greatest security to its users.

One goal: to make banking 3.0 accessible to everyone

AgoraBank’s objective is to provide customers with access, today, to all the banking products and services of tomorrow. Banking 3.0 facilitates access to blockchain and DeFi technology for the general public. For this, it has developed a unique blockchain platform that combines traditional finance and DeFi.

AgoraBank addresses the technological challenges facing today’s banking system. It is positioned as a crossroad between the services of a neobank, a cryptobank and a decentralized exchange (DEX).

Also, customers can access all AgoraBank services through the Internet, from anywhere and at any time. Thus, decentralized banking is a huge opportunity for the unbanked population.

AgoraBank wants to allow this entire population to access banking services with ease. According to the World Bank, approximately 1.4 billion people in the world, or 18% of the total population, do not have access to traditional financial services.

A banking platform that eliminates unnecessary intermediaries

One of the main advantages of blockchain technology is that it eliminates unnecessary intermediaries. Thanks to the decentralization enabled by blockchain technology, AgoraBank offers a complete service including traditional banking services and DeFi without the intervention of unnecessary middlemen.

For example, the consumer will not need their transactions to be approved by a central authority before they are authenticated. This is the opposite of the traditional financial system or centralized exchanges that hold their customers’ funds and have control over all transactions. Thanks to its decentralized system, AgoraBank wants to restore user trust, which has been shaken by numerous financial crises and scandals in recent years, especially after numerous bankruptcies and closures of banks and centralized trading platforms.

To enable the removal of unnecessary intermediaries, AgoraBank works with like-minded partners in the DeFi and blockchain industry.

Additionally, blockchain technology enables the AgoraBank platform to execute all transactions instantly, drastically reducing costs. Traceability and transparency are also guaranteed, as all operations are recorded and accessible on the blockchain.

Finally, transactions on the banking 3.0 platform are regulated by smart contracts, which allow them to be carried out in complete security. All this enables AgoraBank to position itself as a decentralized, transparent and safe bank.

A fully user-driven ecosystem

AgoraBank has decided to put the user at the center of its ecosystem. With the banking platform 3.0, the user is no longer the traditional customer who is forced to submit to the law of his bank without any possibility to challenge the decisions made by it. He is already a real player in this new banking system because he has real decision-making power. In this regard, Benoît Courtois, co-founder of AgoraBank, says:AgoraBank puts the user at the center of its ecosystem, giving them the power back“.

In decentralized banking, users are the sole holders of their funds through their cryptocurrency wallet. It is a radical way to break the traditional financial system in which banks and institutions have absolute control over deposited funds.

AgoraBank revolutionizes the traditional system because it works without holding the assets of its users. At the same time, it has decentralized governance (DAO) in which customers have the power to decide on the development of the bank. Finally, users have full control of their data and manage their assets confidentially.

A bank that offers a fairer and fairer model

With AgoraBank, the remuneration is transparent and fair, unlike the opaque model of the traditional financial system. The redistribution of platform income is governed by the rules written in the code. AgoraBank users can benefit from various products and services with transparent and fairly redistributed fees and commissions.

On the AgoraBank DEX, which is accessible free of charge, users can recover commissions thanks to the exchanges made. They have the ability to deposit money into cryptocurrencies that other users will trade instantly. They can also earn income as brokers, without initial investment.

In addition, AgoraBank offers its clients decentralized trading (trading 3.0) in spot and futures. These have more than 50 cryptocurrency pairs available.

Bank 3.0 also offers the Agora Adventures solution to reward user engagement in the community. This solution gives a grade of citizenship, whose evolution is based on user involvement and participation. The different grades offer several advantages, including lower user fees on the platform.

Finally, the platform has its own token, which is deflationary. Specifically, the token supply is limited to 300,000,000 AGO and the code includes a burning mechanism. All this is taken in White paper IN Web page of decentralized banks.

AgoraBank launches its new platform

To simplify the user experience, AgoraBank has just launched its new blockchain platform. The platform is a “one-stop-shop” that allows users to easily and quickly find all the traditional and DeFi financial services they need.

It must be said that AgoraBank wants to be, in the long term, a reference in terms of decentralized crypto banks. With this in mind, the platform has a busy roadmap that includes among others: payment cards, launch platform, crypto lending and stock market and real estate tokenization.

Bank 3.0 has deployed its platform on both the BNB Chain and the Ethereum (multi-chain) network. She made sure to equip her AGO token with many use cases, namely: cashback, staking and DAO. Finally, AgoraBank will soon launch its mobile application on the Play Store and App Store platforms.

To finish

AgoraBank modernizes and democratizes the traditional banking system to the delight of cryptocurrency fanatics and the general public. By applying Web3 and blockchain functionality to this system, it allows its customers to have full control over their finances. Bank 3.0 AgoraBank has given itself the tools to carry out this banking revolution. Benoit Courtois said: AgoraBank offers a revolutionary decentralized banking platform. We are building the bank of tomorrow by simplifying and making DeFi and blockchain accessible to everyone“. This statement shows that AgoraBank is already firmly rooted in the 3.0 era.

A great deal of experience is required to develop a platform that combines, within a single application, institutional banking services and crypto platform services. The bank 3.0 team has been working discreetly for several months. Without marketing or advertising, the team has already managed to collect 2 million euros, directly on its platform. To take advantage of all the features of AgoraBank, you can access its new platform on its website.

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