Polytrade

Polytrade

TBA
2,062 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
Rivalz
Rivalz is redefining AI infrastructure by creating an AI Intel Layer to unlock new agentic economies. Built on a dual-chain DePIN architecture using Dymension and Arbitrum, Rivalz addresses one of the biggest bottlenecks in AI today: access to AI-ready, verifiable, and secure data. As we envision the web3 space to become agentic and overtake humans in the amount of transactions over time, what Rivalz is building is key for enabling this future. The core challenge that Rivalz is addressing is the need for AI-ready, verifiable and accessible data and later on intelligence. Rivalz offers a hybrid solution combining decentralized storage and high-speed agent-centric connectivity networks that cater specifically to AI's demands, ushering in the era of the agentic economy.
Upcoming
POWERCHAIN
Powerchain network is a new DAG based platform allows blockless security and high speed transactions without mining. Powerchain is preparing 4 products for users.Powerstack wallet,Powerpay and its payment tool Powercard and Powerexchange. Powerstack, the highly anticipated mobile wallet for Powerchain and its digital asset $PCX. Powerstack is launched on Beta on Android. Powerstack V1.0 release for Android and IOS will be rolled out with additional features added in the near future. PowerPay, the first fast and convenient, ready to use crypto debit card, which can be used for everyday purchases anytime, anywhere. Powerchain will come with its very own physical card that can be used at ATMs. Transactions will only work with your own pincode, so even if you lose your card, no worries, no one else wil be able to use your Powerpay card. Powerchain Network is studying on integrating Powerstack wallet to Powerpay that allows owner to send PCX coins from wallet to Powerpay credit card. Powerchain announces the plans to develop our own Asset Exchange as mentioned on roadmap, POWEREXCHANGE. This strategic decision will further grow Powerchain coin position in the cryptocurrency market with larger scale and volume; allowing sustainability by continues funding and organic growth; while rewarding the community with profit sharing also promotes giving back to the community members by ensuring that 70% of the exchange’s revenue goes back to holders of PCX tokens.
Upcoming
Beyond Seen Screen
Beyond Seen Screen has created a platform that enables interactivity with video content. With Beyond Seen Screen watching video content is no longer a passive action, a one-way street. The platform enables content producers and content distribution companies to link additional information to the video content. Viewers will no longer only passively receive adverts, trailers and other video content but will have ability to interactively engage with them by using their mobile device.
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
Coolomat
Coolomat Market will change the online e-commerce grocery sector with an innovative approach connecting customers and producers, big and small, over a new innovative online platform utilizing blockchain technology and open source software. A big “game changer” is the connection to physical click & collect pick up point devices – Coolomats. Our devices present the first and the only worldwide network of such kind.
Upcoming
ECTA
ECTA (Efficient Collaboration Team Autonomous) is the first blockchain-based trust protocol for global employability of developers. The concept, empowered by the proven AI tools, aims to solve the inefficiencies related to the time loss, verification of online profiles, talents discovery (especially in the low-middle income countries) and safe way to conduct business (payment solution with the power of smart contracts). While working on ECTA platform, besides collecting their earnings in ECTA tokens (ERC20) developers are having a unique possibility to earn (mine) ECTA non-fungible tokens (ERC721) as a reward for every task completed - which serve as proof of their skills and increase their reputation. AI component of the platform helps companies worldwide discover and employ these developers in a safe and productive way for both sides.