Our go-to-market strategy is geared towards expanding the crypto ecosystem by attracting new users rather than merely recycling existing funds. With GMX serving a pivotal role in our protocol, we anticipate that Fungi will not only contribute to increased volume and Total Value Locked (TVL) for GMX but will also serve as a gateway, bringing in new users from the LATAM region.

Our unique approach aims to address the structural problems in the region and create wealth generation opportunities for anyone with a cell phone and an internet connection. Fungi is currently partnered with Ripio, the third largest CEX in the region with over 4 million active users. We participated in an accelerator program created by their venture arm, and are currently working to integrate with their products, including a self-custodial wallet. Additionally, we are currently working on developing partnerships with other big regional companies. Fungi has the potential to become a pioneer and a first mover in the DeFi space for Latin America.
