Avarta logo
WebsiteLithium LaunchpadKrystal Launchpad

Avarta (AVAR)

IDO

Avarta is a multichain platform that reimagines trust in the “trustless” world of Decentralised Finance (DeFi) and Web 3.0. Avarta offers various solutions to a number of key problems in current DeFi applications by leveraging digital identity, biometric features, and device data.

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Overview

Project industryOther
Product typeDeFi

What is Avarta

Avarta protocol deploys a three layered solution to address authentication and identification issues in the DeFi space. The security layer is centered around a biometric-secured multi-signature, multi-chain wallet that safeguards every transaction. Avarta’s compliance layer features a validation mechanism that combines transactional data with third party information that helps Dapps remain compliant. The differentiation layer addresses overcollateralization in DeFi via Avarta’s Trust Scoring mechanism to offer users collateralizations that match their risk profiles.

Details

IDO (Lithium Launchpad): May 24, 2022 - Jun 07, 2022
IDO (Krystal Launchpad): TBA - TBA
Token supply: 500,000 AVAR

Legal

Registration year: 2017

Token info

Ticker: AVAR
Token distribution:
3% - PRE -SALE
11.67% - PRIVATE -SALE
2.5% - PUBLIC-SALES
18.5% - TEAM
5% - DEX LIQUIDITY (ETH)
11% - REWARDS & INCENTIVES
15% - STAKING REWARDS
5% - PARTNERSHIPS & ECOSYSTEM
5% - ADVISORS
23.3% - FOUNDATION
Funds allocation:
43% - TECHNOLOGY
10% - RESERVE
15% - MARKETING
15% - OPERATIONS
10% - DEX LIQUIDITY
7% - R&D

Avarta Roadmap

1
2021 Q2

Pre-sales Round Completed. Biometrics layer validation

2
2021 Q3

Start build of Avarta Wallet. Release of Whitepaper

3
2021 Q4

Proof of Concept and Technical Solutioning for Production Wallet

4
2022 Q2

Working with Tier 1 protocol layers. Testnet Avarta Wallet with 5 chains.

5
2022 Q3

Mainnet Avarta Wallet with 5 chains. First version of Avarta Trust Score Methodology.

6
2023 Q2

Testnet implementation of Trust Score Methodologies, Avarta Wallet to include new features such as Cross Chain Token Swaps etc

7
2023 Q4

Development of more Avarta Wallet features, Trust Score to be implemented in Wallet under limited release

Project team

PRINCE ABDUL QAWI OF BRUNEI
PRINCE ABDUL QAWI OF BRUNEI
Chairman
MATTHEW AINSCOW
MATTHEW AINSCOW
Chief Executive Officer
MATTHEW AINSCOW linkedin
HONG LOON GAN
HONG LOON GAN
Chief Operation Officer
HONG LOON GAN linkedin
JORDEN SEET
JORDEN SEET
Chief Technology Officer
JORDEN SEET linkedin
MICHAEL TAN
MICHAEL TAN
Chief Security Officer
MICHAEL TAN linkedin
BELINDA LIM
BELINDA LIM
Chief Product Officer
BELINDA LIM linkedin
PAVLOS JOSEPH
PAVLOS JOSEPH
Head of Partnerships and Strategy
PAVLOS JOSEPH linkedin
ARTUR NIKI
ARTUR NIKI
Security Engineer
ARTUR NIKI linkedin
DANIEL TEWELDE
DANIEL TEWELDE
Head of Community
ROSS GRUBI
ROSS GRUBI
Head of Business Development
ROSS GRUBI linkedin
ZACH SOILEAU
ZACH SOILEAU
Director of Marketing (North America)
ZACH SOILEAU linkedin

Advisors

BARRY HERBST
BARRY HERBST
Blockchain Aficionado & Investor
BARRY HERBST linkedin
RODERICK MCKINLEY
RODERICK MCKINLEY
CFA Tokenomics Advisor
RODERICK MCKINLEY linkedin
VINSON LEOW
VINSON LEOW
Founder of CRT Capital
VINSON LEOW linkedin
CHIA HOCK LAI
CHIA HOCK LAI
CEO of Switchnovate
CHIA HOCK LAI linkedin
COACH K
COACH K
Co-founder Alpha Trading Algos
COACH K linkedin
JAMES BOWATER
JAMES BOWATER
Founder of CryptoAM.io
JAMES BOWATER linkedin
MOCK PACK LUM
MOCK PACK LUM
Managing Partner at Tembusu
MOCK PACK LUM linkedin
KHOONG HOCK YUN
KHOONG HOCK YUN
Managing Partner at Tembusu
KHOONG HOCK YUN linkedin
LAU WEN LOONG
LAU WEN LOONG
Venture Partner at Qredo Limited
LAU WEN LOONG linkedin

Social media

Avarta web-siteAvarta MediumAvartaYouTubeAvarta TelegramAvarta LinkedInAvarta TwitterAvarta Github

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