Polytrade

Polytrade

TBA
2,327 Views
POLYTRADE works on DeFi, a borderless financing infrastructure that turns the ownership of real-world assets (“Receivables”) into digital tokens. It harnesses the massive liquidity pool in crypto space and addresses the gap in receivables financing by providing SMEs a new source of funding. POLYTRADE provides a safe investment opportunity for Crypto investors to sweat their crypto assets in real-world business use cases. 1. Borrowers/Sellers — get timely investment to run their business 2. Buyers- get streamlined credit facility 3. Crypto Investors — get interest payments with insured and safe investment in real-world assets. 4. Service providers — Participate in trade finance marketplace to perform key validation activities $TRADE is the native coin of Polytrade protocol. Holding a $TRADE enables users to: 1. Governance: Allows validated holders to influence protocols decisions 2. Staking Rewards: Stake $TRADE to get rewarded 3. Borrowers: Receive reduced interest rates for staked and payment done via TRADE tokens.Governance: Allows validated holders to influence protocols decisions 4. Buyers: Receive discounts on invoices for settlements done on the Polytrade platform. 5. Service Providers: Receive TRADE for participating in the trade finance economy by performing key tasks of KYC, document validation, credit evaluation, and more. While POLYTRADE will start with a focus on trade finance, eventually, it would evolve into a full-stack lending protocol for small businesses.
7.6
TOTAL SCORE
4.6
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Whitelist/KYC: KYC
Token info
Ticker: TRADE
Platform: Ethereum
Token Type: ERC-20
2014
<br /> Incorporated Riqueza Capital in Hong Kong
2015
Initiated Receivable financing business<br />
2020
Onboarded more than 5000 borrowers, funded more than 250 borrowers with a cumulative value of ~500mn USD since inception
2021-Q1
Polytrade Ideated and conceptualized<br /> Decentralisation score 0%
2021-Q2
Fund raising, IDO & Exchange Listing. Product ideation, Design & Build<br /> Decentralisation score 0%
2021-Q3
POC<br /> Core Functionalities - Lender Portal, Borrower, Admin<br /> Testing on Testnet<br /> Decentralisation score 0%
2021-Q4
Version 0.1<br /> Launch of LP<br /> Launch of Borrower & Admin Portal<br /> Reward system deployment for all stake holder<br /> Decentralisation score 30%<br />
2022-Q1
Version 0.2<br /> Launch of Buyer portal.<br /> Enhancement of previously launched products.<br /> Currency swap within portals for Borrower.<br /> Partnerships with other Defi Platforms.<br /> Decentralisation score 40%<br />
2022-Q2
Version 0.3<br /> Role based access for Multi tier organisations.<br /> Onboarding of Decentralised insurance platform.<br /> Staking and insurance fund deployment.<br /> Launch of referral program with channel partners.<br /> Decentralisation score 50%<br />
2022-Q3
Version 1.0<br /> Onboarding of Decentralised governance council.<br /> Onboarding of other supply chain finance services.<br /> Launch of Service Provider Portal.<br /> Setup of delegator mechanism for governance council.<br /> Decentralisation score 75%<br />
2022-Q4 | 2023-Q2
Version 2.0<br /> Cross chain portability enablement<br /> Decentralisation score 90%<br /> QX<br /> Version X<br /> Complete decentralisation of trade finance protocol<br /> Decentralisation score 100%
Piyush Gupta
Founder
Participates in a number of projects
Arul Prakash
Chief Operating Officer (COO)
Participates in a number of projects
Ashutosh Sahoo
Chief Growth OfficerChief Growth Officer
Participates in a number of projects
Sankalp Kumar
BD Asia
Participates in a number of projects
Sameep Singhania
Blockchain Developer
Participates in a number of projects

Advisors (2)

Sandeep Nailwal
Founder & COO at Polyon
Participates in a number of projects
Saurabh Shankar
Founder at Refreshmint
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Active
Liker
LIKER WORLD is a block-chain-based educational content platform. This is accompanied by a donation policy related to educational projects. Innovation in future education through technology is oriented towards a better society and humanity. Based on the idea that all corporate activities should pursue social values, LIKER has 3 main aspects: TRUST, REWARD, and DONATION.
Upcoming
DenCity
DenCity is an AI and Blockchain powered platform that provides you an engaging and immersive VR experience and lets you make a world of your own. A user will not only be able to explore, learn and create a life of his/her choice in accordance with the real world rules but also earn tokens that can be used to buy real life goods and services in the real world.
Upcoming
REDi
A blockchain-based integrative data marketplace for the global renewable energy industry. The REDi Infranet will empower various renewable energy producers, consumers, and industry experts to consolidate, verify, and distribute data in the search for improved productivity and efficiency towards true sustainability.
Upcoming
CoinMarketFeed
CoinMarketFeed is world’s crypto social network. Connect with thousands of crypto traders and blockchain enthusiasts, Access real time cryptocurrency data, news and alerts. Buy price predictions directly from the best crypto traders globally or invest directly into their smart portfolio.
Upcoming
Shercoin
The SherCoin team has realized that the best way to create a good cryptocurrency that will achieve mass adoption is by creating a multi-functional token that has more than one utility. Most of the altcoins are Ethereum-based coins that only offer one application. SherCoin features five different related applications in one. The ecosystem has a theme: User provide valuable economic services for businesses such: as checking market place for counterfeits, reporting fake or suspicious products; filling out surveys and giving information, feedback, and data, so business can make informed decisions; giving the users an easy way to manage the cryptos the earned; and then giving them outlets to spend/exchange their tokens.
Upcoming
MediLOT
MediLOT is a health data protocol that aims to solve the concerns of Electronic Health Records (EHR). Current EHR systems are fragmented, centralised and lack patient ownership. Through a dual blockchain solution, MediLOT incorporates Artificial Intelligence capabilities onboard its control and data layers which allows the equitable sharing of health data. The MediLOT ecosystem will consist of patients, healthcare providers, researchers and commercial companies.