Overview
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What is Findora
Findora is a fully confidential yet auditable, high-throughput, and scalable public financial infrastructure. The cryptographically transparent financial ledger at Findora’s core enables efficient, accessible, and transparent financial services.
Blockchains have drawn attention for their far-reaching financial applications, stemming from their capability to improve transparency, trust, and coordination in transactional systems. Findora targets sectors of financial infrastructure that most desperately need improved transparency, but whose privacy and compliance requirements are not met by existing public blockchains. These include financial services such as investment funds, lending platforms, and security exchanges that opaquely handle trillions of dollars worth of assets, are highly susceptible to fraud, and often very inefficient.
Findora envisions a world where financial networks are compliant and publicly auditable at all times. Packaged with every asset are rules governing ownership, transferability, and compliance. A network of validators enforces these rules while distributing trust. Imagine a lending platform proving solvency, a fund proving it is investing within its mandate, an investor anonymously demonstrating accreditation, or a regulator using fine-grained auditing keys, all while completely confidential.
DetailsPublic sales: Dec 28, 2020 - Jan 11, 2021IEO (Gate Launchpad): Apr 04, 2021 - Apr 05, 2021 Token supply: 21,000,000,000 FRA Raised: 21,050,000 USD LegalBlockchain Platform: OWN BLOCKCHAIN | Token infoTicker: FRAType: Utility-token Token price in USD: 1 FRA = 0.058 USD Funds allocation: Development Grants - 8% Research Grants - 8% DeFi Incubator - 8% Institutional Partnerships - 13% Advisors - 2% Early Purchasers - 25% Contributors - 18% Foundation Reserve - 18% |
2 Responses
looks like the entire team has changed many times and its controlled by some chinese. there are multiple lawsuits going on. buyer beware, would suggest due diligence on findora.
The entire engineering department left in unison. The founders both have multiple aliases. They refuse to address the lawsuit about embezzling funds. And that’s all on the surface. If you look behind the curtain you’ll find that it’s going to be a Pump n’ Dump play.