Persistence Xprt Price USD

Persistence is making it possible to get exposure to multiple asset classes, such as Liquid Staking (pSTAKE), NFTs (Asset Mantle), and Synthetics (Comdex). Persistence's goal is to build an ecosystem of Web3 products with multiple chains that will increase global liquidity and make it easy to trade value.

The Proof-of-Stake chain on Persistence's Core mainnet is powered by the Tendermint BFT consensus engine. Persistence's multi-chain tech stack (which currently supports Cosmos, Ethereum, and other Tendermint-based chains) hides the complexity from developers and lets them make DEXs, marketplaces, lending/borrowing platforms, etc.

Along with leading Proof-of-Stake networks and foundations, Persistence is also working on building inter-chain NFT and Metadata standards. Persistence was one of the first companies to use Proof-of-Stake, and its validator arm, AUDIT.one, helps new PoS networks.

Tushar Aggarwal (CEO) and Deepanshu Tripathi set up Persistence in the second quarter of 2019. (CTO). Before starting Persistence, Tushar was the first employee at LuneX Ventures, the crypto arm of a traditional Singapore VC firm called Golden Gate Ventures. He also helped set up the fund, which was the first regulated Crypto VC fund in Southeast Asia. Deepanshu was part of a three-person team that made a unified payment acceptance platform. This platform was whitelabeled to Reliance (Facebook and other companies were investors) and was later sold for $9,000,000 to an African fintech company. There are currently 25 people on the Persistence team. Some of them are developers from IIT-Bombay, which is India's best tech school, and other top tech schools in India.

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