1. What is PERI?

Introduction to PERI Finance Cryptocurrency

PERI Finance is a cryptocurrency that is part of the decentralized finance (DeFi) space. Here is some basic information about PERI Finance:

1. Project Background: PERI Finance is a blockchain-based financial platform designed to provide decentralized financial services.
2. Features: The PERI Finance platform allows users to engage in lending, trading, and other financial activities, utilising blockchain technology to ensure security and transparency.
3. Technical Foundation: PERI Finance operates on blockchain technology and employs smart contracts to implement its financial functionalities.
4. Use Cases: PERI Finance can be used in various financial scenarios, including but not limited to lending, trading, etc.

Please note that specific details about PERI Finance may change as the project evolves. The following sources provide more information about PERI Finance:

• Binance: https://www.binance.com/en/price/peri-finance
• CoinMarketCap: https://coinmarketcap.com/en/currencies/peri-finance/

These sources primarily provide information on the price and market capitalization of PERI Finance, but some basic introductions regarding its project background and features can also be found.

2. Who founded PERI?

According to the information provided, the founders of PERI Finance are Bowles Gareth David and Richard Kim. They come from the finance and technology sectors, bringing extensive experience that contributes to the platform's development.

3. Which venture capitalists invested in PERI?

The information provided does not directly mention investment details related to the cryptocurrency "PERI". The article mainly discusses the early development and investment in Ethereum, including the support from Xu Feng, CEO of Wanxiang Blockchain Lab, for Ethereum, as well as investment situations in other cryptocurrency projects like Axie Infinity, but it does not specify investment information about "PERI".

4. How does PERI work?

Operating Principle of PERI Finance Cryptocurrency:

1. Platform Foundation: PERI Finance is a decentralized finance (DeFi) platform based on the Polkadot network, focusing on the issuance of synthetic assets and derivatives trading.

2. Synthetic Assets: Users can mint synthetic assets known as Pynths by collateralising PERI tokens; these assets track the value of real-world assets including currencies, commodities, and cryptocurrencies.

3. Liquidity and Interoperability: By leveraging the Polkadot network, PERI Finance offers enhanced liquidity and interoperability across different blockchain ecosystems, which is a significant advantage over platforms limited to a single blockchain.

4. Decentralisation: As a DeFi platform, PERI Finance is not controlled by any central authority or government, with transactions being peer-to-peer and anonymous, allowing for greater privacy and security.

5. Security: PERI Finance employs blockchain technology to ensure the security and anonymity of transactions, making it safer and more private.

6. Trading and Market Capitalisation: Information regarding PERI Finance's market capitalisation, trading volume, and circulating supply can be found on cryptocurrency market platforms such as CoinMarketCap.