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WebsiteGate LaunchpadDAOmaker Launchpad

Pichi Finance (PICHI)

IEO
IDO

Pichi Finance is the first trustless points trading protocol, enabling users to trade points from their favorite protocols before TGE. Conventionally, points are stored off-chain and tied to wallet addresses, limiting their tradability on an open market.

Seed Round: $2.5M

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Overview

Project industryOther
Product typeProtocol
FoundedHong Kong
WhitepaperPichi Finance White Paper Open

What is Pichi Finance

Pichi Finance is the first trustless points trading protocol, enabling users to trade points from their favorite protocols before TGE. Conventionally, points are stored off-chain and tied to wallet addresses, limiting their tradability on an open market.

Pichi provides significant design improvements to the process of trading points by leveraging ERC-6551 Accounts (also called Tokenbound Accounts). These are wallets owned by NFTs and selling the NFT entails transferring ownership of the associated wallet along with any accrued points.

Users can create a Michi Wallet NFT and deposit tokens that earn points into the associated ERC-6551 wallet. Once points accumulate in the wallet, users can withdraw the points-earning tokens and sell the Michi Wallet NFT, effectively selling the accrued points.

Details

IEO (Gate Launchpad): Aug 17, 2024 - Aug 19, 2024
IDO (DAOmaker Launchpad): Jul 29, 2024 - Aug 03, 2024
Token supply: 1,000,000,000 PICHI
Hard cap: 2,500,000 USD
Raised: 2,500,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: United States
Registration year: 2024

Token info

Ticker: PICHI
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 PICHI = 0,025 USD
Accepted currencies: USDT
Token distribution:
18% - Team
5% - Airdrop 1
20% - Investors
15% - Ecosystem
1% - Public Sale
34% - Liquidity Incentives
7% - Partnerships

Pichi Finance Roadmap

1
Ethdenver 2024

    Launched MVP

  • Hackaton project deployed to Arbitrum One with initial Pendle integration. Placed top 3 out of 75 projects.
2
Q2 2024

    V1 Launch

  • Full application launch on Arbitrum with in-app marketplace and airdrop claming
3
Q3 2024

    New Points and DeFi Integrations

  • Target new points programs to enable trading on day 1 and creation ov vaults to earn yield and points together
4
Q4 2024

    Expand to other EVM chains

  • Support points trading on other EVM networks via cross-chain messaging

Project team

Wasley Tang
Wasley Tang
Marketing Lead
Eric Zhu
Eric Zhu
Teach Lead
Rohhan Kochhar
Rohhan Kochhar
Product Lead
Jay Kumar
Jay Kumar
Lead Developer
Jaremy Tsang
Jaremy Tsang
Full-Stack Developer

Advisors

David Zhu
David Zhu
Marketing Advisor
Jakob Kronbichler
Jakob Kronbichler
Hendrik Oosenburg
Hendrik Oosenburg
Tech Advisor

Social media

Pichi Finance web-sitePichi Finance MediumPichi Finance TelegramPichi Finance LinkedInPichi Finance X (Twitter)Pichi Finance DiscordPichi Finance Github

MVP

MVP URL

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