Published: Sep 24, 2023

Soil (SOIL)

Website

Status

IDO

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.

Whitepaper

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Interest lvl

Low

Updated: Oct 03, 2023

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User Rating

High

4/5 • 3 votes

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Ticker

SOIL

Type

Utility-token

FoundedPoland

Registration countryEstonia

Registration year2022

Office addressRännaku 12, 10917 Tallinn, Estonia

Launchpads

Ecosystems

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

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

Token Sale Dates

IDO

Start date: Oct 05, 2023

End date: Oct 05, 2023

IDO

Start date: Oct 05, 2023

End date: Oct 06, 2023

IDO

Start date: Oct 05, 2023

End date: Oct 06, 2023

Token Allocation

Total Token Supply 100,000,000 SOIL

Total Tokens for Sale 4,388,890 SOIL

Funding Details

Soft Cap 790,000 USD

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