WebsiteEnjinstarter Launchpad Seedify.fund Launchpad Poolz Launchpad

Soil (SOIL)

IDO

Last updated: Oct 03, 2023

Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments.

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Overview

Project industry	DeFi / Polygon Ecosystem / RWA / Protocol
Product type	DeFi
Founded	Poland
Whitepaper	Open

What is Soil

Soil is a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that exist off-chain. Team make money by taking a percentage of the interest paid by borrowers to lenders and fees earned from facilitating their connection.

Key Highlights:

Soil's business model has been validated by a financial market regulator and is ready for international rollout.
The protocol is complete and has been audited by Hacken with the security score 10/10
Experienced team with tech and finance expertise, including a Investment Team that managed $1B+ in private debt transactions.
Key partnerships established, including Mount - top CEE private debt fund
Secured over $25m in liquidity demand with a market opportunity of $14 trillion
Platform launch and CeX listing scheduled for H2 2023

Details

IDO (Enjinstarter Launchpad): Oct 05, 2023 - Oct 06, 2023
IDO (Seedify.fund Launchpad): Oct 05, 2023 - Oct 06, 2023
IDO (Poolz Launchpad): Oct 05, 2023 - Oct 05, 2023
Token supply: 100,000,000 SOIL
Total tokens for sale: 4,388,890 SOIL
Soft cap: 790,000 USD

Legal

Blockchain Platform: Polygon
Registration country: Estonia
Registration year: 2022

Office address: Rännaku 12, 10917 Tallinn, Estonia

Token info

Ticker: SOIL
Type: Utility-token
Token price in USD: 1 SOIL = 0.18 USD
Accepted currencies: BUSD
Token distribution:
8,5% - Seed
12,5% - Private
12% - Landers incentives
3% - IDO (Public Sale)
10% - Staking Rewards
10% - Ecosystem (Advisors, Marketing)
14% - Treasury (Community & Development Fund)
15% - Liquidity provides
15% - Team
Funds allocation:
60% - Initial liquidity to the loan pools
10% - Financing Guarantee Fund
20% - Product Development
10% - Financing Liquidity Pools on DEXes

Soil Roadmap

2021 H2

Developing the project concept
Building a team of experienced professionals with tech and finance expertise

2022 H1

Developing the tokenomics and issuing the first version of the whitepaper
Developing of fully compliant legal framework that aligns with regulations
Securing the first investment from Big Brain Holdings
Validating the business model and forming an alliance with Mount TFI, a leading CEE private debt fund

2022 H2

Establishing partnerships with borrowers such as Flexee and Erbeo
We placed 3rd (1st in DeFi) in the Pitch Contest held during the NBX conference in Berlin
The fully functioning Minimum Viable Product (MVP) has been developed

2023 H1

The fully functioning Minimum Viable Product (MVP) has been developed
Securing additional investors and raising $500k in funds
Perfoming an external security and functionality audit of the smart contracts conducted by Haken
Strengthening the team by building in-house IT, legal, marketing and financial teams
Launching marketing and community building actives, such as roadshows and participation in crypto conferences, AMA sessions, cooperations with KOLs, airdrop camping and referral programs

2023 H2

Concluding partnerships with private debt funds and corporate borrowers operating outside of Europe, with an emphasis an the Asian and American markets
Extending the product portfolio by offering immediate access to cash on your bank account, secured by corresponding crypto assets locked on the Sail protocol
Cooperating with crypto institutions and DeFi protocols to provide their users with passive income investment opportunities