Polytrade

Polytrade

TBA
2,614 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
Upcoming
Cure Cosplay
Cure WorldCosplay is the world’s largest Cosplay platform, supporting 12 languages where more than 720,000 members from more than 180 countries post their quality works - 6.5 million images and counting. Our official social media accounts are followed by more than 430,000 people across Facebook, Twitter, and Weibo. We have a strong emphasis on providing community service which is characterized by self-sustainability and development. Cosplayers have various motivations for their activity, some Cosplayer want to become professional, others want more fans, and yet others are looking to share their work with groups. Photographers and Props Makers working closely with Cosplayers also have some influence on the increasing diversity of motivations. COT will be used as a payment currency within the Cure WorldCosplay ecosystem, helping cosplayers without access to other online payment methods to be tipped for their services. Using the Cure Protocol, players will also be able to create and distribute their own personalised coin. This unique feature will bring power back to cosplayers, enabling them to monetize themselves as these coins can be used to tip players as well as purchase merchandise or event tickets. Player Coins will provide an accessible platform for cosplayers to promote their identity to the continuously growing 720,000 member-base of Cure WorldCosplay, as they will be directly attainable by fans. These coins will also allow cosplayers to develop deeper relationships with their communities, as users will be able to explicitly show their support while also gamifying their experience.
Upcoming
Sponsy
Sponsy is disrupting the sponsorship industry. It is a one-stop online solution for sponsors and sponsees to conduct sponsorship deals. By tokenizing sponsorship assets and decentralizing decision-making, we do not only reduce costs, but also provide sponsees with a wider choice of sponsorship opportunities and make sponsorships available to every business.
Upcoming
Universal Recognition Token
Universal Recognition Token is the first blockchain-based corporate rewards marketplace where employees may sell and auction their gifts, rewards and prizes to the general public. URT is disrupting a $90 billion dollar annual spend market in the United States alone, according to the Incentive Federation.
Upcoming
ICOHeadStart
ICO HeadStart™ is the safest ICO fundraising platform in the world. Our experienced team of compliance experts award only carefully selected ICOs with a seal of approval after screening before these ICOs get listed on the ICO HeadStart™ platform adhering to give our community access to the best possible ICO proposals and the highest security standards in the ecosystem. In return for ETH and BTC the community receives MOAT along with voting points. Through voting the community decides which of these ICOs get funded. Elected projects receive their funds through Escrow 2.0 after the smart contract conditions have been met. ICO HeadStart's profits will be shared for 100%: 80% will be used to exchange back MOAT from the community and 20% will be used to give funded ICOs a head start. Decentralized, transparant, simple, honest.
Upcoming
Stealthcrypto
The StealthCrypto® utility token will be the native cryptocurrency of the StealthCrypto® system. Funds collected through the token sale will be used to develop as well as activate and purchase StealthCrypto Cloud® products and products in the StealthCrypto® ecosystem. The values of StealthCrypto® tokens are fully dependent upon the developments of Stealth Grid™ and market demand.
Pre-Sale
Planport
The current supply chain industry is a $64 trillion market that employs millions around the world. Planport is building a decentralized business-to-business platform for the supply chain industry and our initial product focuses on procurement and its components. Procurement is one of the core sectors of the supply chain industry. It involves buying of goods and services that enable organizations to carry out their day-to-day operations. Someone involved in procurement may be responsible for sourcing raw materials from suppliers globally and bringing them into an organization by working with C-level executives, finance and engineering as well as external suppliers. While procurement is a vital aspect of operations, the process has critical problems that are costly for all businesses from small companies to big corporations. The obstacles include legacy systems with inefficient and closed networks that are expensive, risky and time-consuming, cash flow problems that take weeks or months, contractual nightmares, poor supplier management and closed and centralized access to goods and services. A company spends 30 to 70% of its revenue on outsourced goods and services, yet many still underinvest. The Planport Platform powered by the PORT token aims to solve these problems by unifying the entire procurement process end-to-end and empowering enterprises and suppliers using a decentralized business-to-business network in the supply chain industry. Buyers and sellers can use the platform for procurement, auctions, payments, and contract management. At the end of the supplier and buyer interaction, our invoice marketplace enables suppliers to push invoices to a network of global investors where they can access a diverse range of funders. This marketplace is built on the Blockchain distributed technology allowing participants to have a secure and efficient way to settle trade finance assets in the $3 trillion factoring industry. Planport, as part of Planport Platform, has built and is building the following products: Planport RFX - a procurement product for buyers and sellers. Planport Supplier Manager - a product for enterprises to communicate with and assess suppliers. Planport Auctions - a product for performing reverse auctions with multiple suppliers. Planport Payment Systems - a payment system empowered by the PORT token for business-to-business payments. Planport Contracts - a full contract management product for creation, storage, and discovery of contracts. Planport Experts Networks - an on-demand network of supply chain experts for enterprises. Plnaport Invoice Marketplace - a trade finance network for suppliers. Planport will revolutionise the supply chain industry by building a platform that streamlines the processes and is built on trust, mutual benefit and user-centric as part of the Web 3.0 by using the Blockchain technology.