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What is Resource Finance
The ReSource Protocol provides a comprehensive toolbox for the creation of distributed mutual credit systems that grant participants access to cost-effective credit at extremely competitive terms, further collaborative commerce, and give rise to a new kind of stablecoin which derives its stability and value from organic market forces.
At the heart of ReSource lies a multi-sided lending system that allows businesses to extend credit to each other in the form of goods provided and services rendered. Effectively, this means that participants in the system can access each other’s goods and services in return for guarantees to provide their own equally-valued goods and services to other participants in the network.
DetailsIEO (Gate Launchpad): Nov 17, 2021 - Nov 18, 2021IDO (Daomaker Launchpad): Nov 14, 2021 - Nov 14, 2021 IDO (Infinity Pad Launchpad): Nov 14, 2021 - Nov 14, 2021 IDO (Anypad Launchpad): Nov 17, 2021 - Nov 17, 2021 Token supply: 100,000,000 SOURCE Hard cap: 5,360,000 USD Raised: 4,140,000 USD LegalBlockchain Platform: Celo | Token infoTicker: SOURCEToken price in USD: 1 SOURCE = 0.45 USD Token distribution: 12.50% - Reserve 2.20% - Ecosystem Fund 2.50% - Marketing, Acquisitions, Licenses 3.00% - Partner, Advisors, Consultants 15.00% - Team 10.00% - Foundation 38.01% - Staking, Liquidity, ММ, Incentives 2.50% - IDO 5.00% - Private Sale 9.49% - Seed Round |
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