Defactor

Defactor

TBA
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$FACTR is the native token of Defactor. We believe that a well-designed token is the best means of coordinating a network, aligning interests and incentivising ecosystem growth. Incentivise Positive Actions The purpose of the FACTR token is to coordinate the Defactor ecosystem and incentivise positive actions from all ecosystem participants – be they validators, asset originators or active token holders. Tokens will be awarded for actions such as referrals and successfully completing deals. They will also be offered as an incentive for asset originators and other key ecosystem partners to contribute to the platform. Network Access $FACTR is required to access Defactor’s services. Asset Originators must pay a fee in $FACTR for platform access. This fee will be based on a spread of the financial value of the transaction being processed. Staking Token holders who stake $FACTR will be eligible for staking rewards. This gives a further incentive to hold $FACTR and enables a wider global community to participate in the Defactor ecosystem and avail of its benefits. Governance $FACTR is the governance token of the Defactor network, which allows token holders to signal and support the operations of the ecosystem and delegate powers to its participants.
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ICO PROFILE

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General
Website: Visit
White paper: Read
Dates: TBA
Token info
Ticker: FACTR
Platform: Ethereum
Financial
Soft cap: 1 000 000 USD
Hard cap: 2 900 000 USD
Phase 1: Launch 2021
<br /> Key goals:<br /> Launch of Springpad<br /> Inventory and receivable finance<br /> Asset originator onboarding<br /> Automated management of funding pools<br /> Fund reporting and accounting<br /> Staking for token holders<br /> <br />
Phase 2: Grow 2022
<br /> Key Goals:<br /> Additional asset classes (e.g. NFTs)<br /> Additional liquidity pools<br /> Investor portal<br /> Collateral and liquidation management<br />
Phase 3: Scale 2023+
<br /> Key Goals:<br /> Insurance offerings<br /> Creation of a secondary market for investors<br /> Defactor liquidity pools<br /> Decentralisation / Majority community governed<br /> <br /> <br />
Ernesto Vila
Commercial Lead
Participates in a number of projects
Bhairav Patel
Tech Lead
Participates in a number of projects
Alejandro Gutierrez
Operations Lead
Participates in a number of projects

Advisors (3)

Brian Elders
Finance Advisor
Participates in a number of projects
Stephen Browne
Crypto Advisor
Participates in a number of projects
Martin Quensel
Blockchain and Defi Advisor.
Participates in a number of projects
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