Syscoin & Klever Announce Partnership

Klever will become the primary mobile wallet of the Syscoin Ecosystem. Syscoin has the second highest hash rate in mining power among all blockchains worldwide, after Bitcoin and ahead of BCH.

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Klever.io is excited to announce the partnership between Klever and Syscoin, and our joint work with the Syscoin team of integrating Syscoin LUX (4.2) Mainnet into the Klever ecosystem.

Klever will become the primary mobile wallet for SYS and Syscoin Platform Tokens (SPTs) after LUX Mainnet launches. The SYS integration has been conducted over the past 3 months through a close and joint cooperation between the two teams.


Klever is one of the most adopted multi-coin mobile wallets in the industry with over 2.5 million downloads and 537,000 monthly active users enjoying self-custody, and easy in-wallet services like swaps and a fiat-to-crypto on-ramp that accepts credit cards and Apple Pay. Klever’s design and UX are leading-edge. As a result of this, Klever has become Syscoin’s partner of choice to become SYS primary mobile wallet.

Syscoin offers fast, low-cost tokens, assets and (fractional) NFT’s secured by Bitcoin’s own hash power, decentralized consensus model, and censorship resistance. Syscoin has the second highest hash rate in mining power among all blockchains worldwide, after Bitcoin (BTC) and ahead of Bitcoin Cash (BCH), and Klever is proud to partner with such a prominent and influential blockchain mining project.

Klever is going beyond simple support of SYS and SPTs. The Klever ecosystem will also tap into many of Syscoin’s unique features including Z-DAG, AuxFees and Notary. Furthermore, Klever’s many users will gain access to the value and capabilities of Syscoin. Numerous coins and tokens such as KLV, BTC, ETH and others will be directly swappable for SYS in Klever Swap.


It has been a joy working with the Klever team! There is a good synergy between both teams and we share the same drive to innovate and make blockchain technology which is user friendly and available to the masses.” Jagdeep Sidhu Core Developer of Syscoin & CTO Blockchain Foundry Inc (BCFN:CSE)

The partnership between Klever and Syscoin will be ongoing. Klever has one of the most ambitious roadmaps in all of crypto and it’s over 65 full time developers are working hard on new products and offerings including Klever Exchange, Klever Bank, Klever Browser and Klever Blockchain, all set to launch in 2021. Together, Klever and Syscoin plan to extend SYS, SPTs, and future Syscoin Platform capabilities into the growing Klever ecosystem whenever and wherever possible.

”Working with the Syscoin team has been a great experience and we are happy to have integrated SYS and the Syscoin Platform into Klever. By choosing Klever as their primary mobile wallet of choice, Syscoin will be exposed to over 2.5 million Klever users and more than 150k daily active users on Klever, and SYS will be a great addition to the long list of blockchains supported in Klever. Together, we can build bridges between blockchains, continents and regions, and enable every person around the world to self-bank using the Klever Wallet.” - Dio Ianakiara, Founder and CEO of Klever.

Support for SYS and Klever Swaps for SYS will be going live an upcoming Klever Update set to be released shortly.


About Syscoin

Syscoin offers fast, low-cost tokens, assets and (fractional) NFT’s secured by Bitcoin’s own hash power, decentralized consensus model, and censorship resistance. Syscoin has the second highest hash rate in mining power among all blockchains, after BTC and ahead of BCH, as roughly 20% of Bitcoin’s own hash power secures Syscoin through merged-mining. Syscoin recycles Bitcoin’s energy instead of consuming more, while providing security that is proven, powerful, and friendly to the environment. There are around 2,700 independent full nodes participating in Syscoin’s decentralized network, all of which archive and validate.

The platform offers the option of a permissioned L2 smart contract feature, Syscoin Notary, which is useful for regulatory compliance at scale, and much more. Its ambitious roadmap aims to define the next generation of decentralized ledger tech, leveraging Zero-Knowledge Proofs to provide the best characteristics of Bitcoin and Ethereum in a coordinated and scalable Web 3.0 platform.

Syscoin LUX Mainnet set to launch imminently, will introduce new features such as an NFT platform and notary business rulesets, as well as significant optimisations to the masternode and token layers.

Syscoin has official partnerships with Binance, Blockchain Foundry, TrustToken, Komodo, Decentralized Identity Foundation (DIF), Microsoft Azure, International Token Standardization Association (ITSA) and more.


About Klever

Klever is a crypto wallet ecosystem serving over 150k daily active users with more than 2.5 million users worldwide with Klever App, Klever Swap, and Klever OS. Klever's emerging platforms Klever Blockchain, Klever Exchange, and Klever Bank are set to launch this year, all powered by the utility token KLV.

Klever App is a simple, powerful, and secure self-custody crypto wallet, supporting the world’s major blockchains. The app offers 300+ trading pairs in Klever Swap and access to ETH and TRX-based DApps in Klever Browser.

KLV serves as the fuel for the entire Klever ecosystem and ensures reduced Klever Swap fees. KLV Staking allows users to earn a passive income, with a record 74% of all KLV in circulation currently frozen and staked by Klever users.

Klever offers true and secure ownership of cryptocurrency. The security of Klever App is ensured by being built on top of Klever OS (Operating System), which uses advanced security mechanisms that completely protect the users’ private keys and funds.


Sincerely,

Klever Team

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