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Findora (FRA)

ICO

Findora enables assets of any nature – dollar, bitcoin, equity, debt and derivatives. Its mission is to address the challenges necessary to support this broad class of assets and diverse financial use cases, providing confidentiality while retaining the transparency of other blockchains.

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Overview

Project industryFinance Services & Banking
Product typeTechnology

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.

Details

Public sales: Dec 28, 2020 - Jan 11, 2021
Token supply: 21,000,000,000 FRA

Legal

Blockchain Platform: OWN BLOCKCHAIN

Token info

Ticker: FRA
Type: 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%

Social media

Findora web-siteFindora MediumFindoraYouTubeFindora TelegramFindora TwitterFindora DiscordFindora Github

User rating:

5/5 ( 1 )
1

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