Polytrade logo
WebsitePolkastarter LaunchpadGate Launchpad

Polytrade (TRADE)

IDO
IEO

Polytrade is a decentralized trade finance platform that aims to transform receivables financing.

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Overview

Project industryFinance Services & Banking / RWA
Project launchpadPolkastarter Launchpad / Gate.io Startup Launchpad
Product typeDeFi
WhitepaperPolytrade White Paper Open
OnepagerPolytrade Onepager Open

What is Polytrade

Polytrade is a decentralized trade finance platform that aims to transform receivables financing. It will connect buyers, sellers, insurers, and investors for a seamless receivables financing experience and help users avoid existing market challenges using its platform solutions. Polytrade will provide real-world borrowers access to low interest and swift financing to free up critical working capital tapped from crypto lenders.

By onboarding on Polytrade, everybody gains because the platform bridges the gaps in traditional receivables financing by accessing untapped crypto liquidity. Through Polytrade, we want to boost business growth where liquidity is not a hindrance.

Details

IDO (Polkastarter Launchpad): Aug 18, 2021 - Aug 18, 2021
IEO (Gate Launchpad): Aug 16, 2021 - Aug 17, 2021
Token supply: 100,000,000 TRADE
Raised: 1,200,000 USD

Legal

Blockchain Platform: Ethererum, Matic

Token info

Ticker: TRADE
Type: Utility-token
Token standard: ERC20
Token distribution:
Private Sale - 10.75%
Seed Sale - 7.5%
Public Sale - 1.33%
Team - 17%
Advisors - 4%
Community - 39.42%
Foundation - 20%

Polytrade Roadmap

1
2014
  • Incorporated Riqueza Capital in Hong Kong
    • 2
    2015
  • Initiated Receivable financing business
    • 3
    2020
  • Onboarded more than 5000 borrowers, funded more than 250 borrowers with a cumulative value of ~500mn USD since inception
    • 4
    2021-Q1
  • Polytrade Ideated and conceptualized
    • 5
    2021-Q2
  • Fund raising, IDO & Exchange Listing. Product ideation, Design & Build
    • 6
    2021-Q3
  • Core Functionalities - Lender Portal, Borrower, Admin Testing on Testnet
    • 7
    2021-Q4
  • Launch of LP
  • Launch of Borrower & Admin Portal
  • Reward system deployment for all stake holder
    • 8
    2022-Q1
  • Launch of Buyer portal.
  • Enhancement of previously launched products.
  • Currency swap within portals for Borrower.
  • Partnerships with other Defi Platforms.
    • 9
    2022-Q2
  • Role based access for Multi tier organisations.
  • Onboarding of Decentralised insurance platform.
  • Staking and insurance fund deployment.
  • Launch of referral program with channel partners.
    • 10
    2022-Q3
  • Onboarding of Decentralised governance council.
  • Onboarding of other supply chain finance services.
  • Launch of Service Provider Portal.
  • Setup of delegator mechanism for governance council.
    • 11
    2022-Q4 | 2023-Q2
  • Cross chain portability enablement
    • 12
    QX
  • Complete decentralisation of trade finance protocol

    • Project team

    Piyush Gupta
    Piyush Gupta
    Founder
    Piyush Gupta linkedin
    Arul Prakash
    Arul Prakash
    Chief Operating Officer (COO)
    Arul Prakash linkedin
    Sankalp Kumar
    Sankalp Kumar
    BD Asia
    Sankalp Kumar linkedin
    Sameep Singhania
    Sameep Singhania
    Blockchain Developer
    Sameep Singhania linkedin
    Sayali Pandey
    Sayali Pandey
    Treasury & Finance
    Sayali Pandey linkedin
    Aditi Saini
    Aditi Saini
    Marketing & Communications
    Aditi Saini linkedin
    Abhishek Jha
    Abhishek Jha
    Relationship Manager
    Abhishek Jha linkedin
    Pop Daniel
    Pop Daniel
    Product Designer
    Pop Daniel linkedin
    Prusela Bhowmick
    Prusela Bhowmick
    PR Manager
    Prusela Bhowmick linkedin
    Ashish Sood
    Ashish Sood
    Product Manager
    Ashish Sood linkedin

    Advisors

    Sandeep Nailwal
    Sandeep Nailwal
    Founder & COO at Polygon
    Sandeep Nailwal linkedin
    Saurabh Shankar
    Saurabh Shankar
    Founder at Refreshmint
    Saurabh Shankar linkedin

    Social media

    Polytrade web-sitePolytrade MediumPolytradeYouTubePolytrade TelegramPolytrade LinkedInPolytrade X (Twitter)

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