US electronics retailer RadioShack switched to DeFi site

PANews view 3554 2021-12-21 10:15
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US electronics retailer RadioShack recently confirmed that they will all be switching to DeFi. The official website now states that RadioShack DeFi will be "the bridge between the CEO who runs global businesses and the new world of cryptocurrency."

According to website data, "RadioShack itself can bridge the gap and" save the difference "in cryptocurrency culture. Atlas USV (Universal Store of Value) RadioShack DeFi aims to develop a DEX that follows Uniswap or Sushiswap and first uses a liquid pool, other tokens.

Ethereum-based Atlas Token USV can be traded on DEX. According to RadioShack, the deal will allow USV users to purchase third-party tokens on the open market and then transfer them to the Atlas USV library in exchange for discounted USV tokens.

RadioShack, once a nationwide electronics retailer, reportedly sued the industry in 2015 and 2017, respectively, after being hit by e-commerce. He then led a humble life after the stock market fell into one product for HobbyTown, USA, running hundreds of grocery stores and running online stores. It was then acquired in 2020 by a retail e-commerce venture capital firm (REV) led by CEO Mehr and Chairman Lopez.

In fact, REV has many chains that once catered to the US retail market, including Pier1, Linens N Yam, and DressBarn. The general idea is to move the unsuccessful retailers from retailers to e-commerce while gaining market share. We strive to improve the image of a brand that no longer exists.

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