The cryptocurrency market saw the emergence of a new player in 2021 when Earnity raised a total of $20 million in new financing. This total came after bitcoin mining company BitNile led a $15 million investment in a Series A offering from the decentralized finance (DeFi) firm.
As co-founders Dan Schatt and Domenic Carosa describe, Earnity is driven by the goal of making a crypto platform and marketplace that is unlike anything that exists in the market today. Users can buy, sell, and hold crypto and DeFi assets in a highly secure, simple, and intuitive environment through the site or app.
Domenic Carosa’s New Firm Earnity Aims to Be a One-Stop-Shop for Crypto Transactions
The company, led by Dan Schatt and Domenic Carosa, aims to be different by introducing a social-first platform. Not only will users be able to take immediate buy and sell actions, but they can also interact with and follow other users and create communities. This way, Earnity will become a one-stop-shop for crypto transactions as well as a resource to learn about the latest in the industry.
Dan Schatt and Domenic Carosa also understand that the crypto communities are bombarded with noise from various social media channels. As a result, Earnity was created to help users filter out the empty hype and secure their finances in a safe and trusting manner.
Built by seasoned fintech and crypto veterans, Earnity is continually motivated by crypto’s promise of empowering individuals, which is why it looks to educate people about the industry and facilitate a way for people to learn from each other.
Dan Schatt, Domenic Carosa, and the rest of the Earnity team have also experienced firsthand what sophisticated digital fraud and theft look and feel like. Consequently, Earnity has been inspired to develop secure crypto and DeFi products and protocols so that users and investors will lose no sleep. Though the platform will be simple enough so that newcomers and non-crypto purists will be about to get started in their journey toward personal financial sovereignty and independence, it will not compromise security.