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Finminity

Finminity FMT Price N/A

9 Watchlists

DeFi

FMT Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

Finminity is an innovative Polkadot-driven cross-chain DeFi investor services platform.

Finminity (FMT) Chart

The Finminity to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

IDO

7 Apr — 7 Apr 2021

Raised

$ 85.00K

Price:

$ 0.570

Tokens For Sale:

149,120

Platform:

N/A

ATH ROI:

16.03x  +1,503%

Additional Data

ATH Market Cap

$ 8.41M

Max Supply

FMT 10,000,000

Total Supply

FMT 10,000,000

Listing Date

7 Apr 2021

IDO Price

$ 0.570

7 Apr 2021

IDO ROI

100%

0.00x

All Time High

$ 9.14

15 Apr 2021


All Time Low

$ 0.0129

12 Jun 2023

What is Finminity (FMT)?

With Finminity (FMT) Token driven ecosystem, our platform helps you raise funding in a decentralized manner from community of investors. It is enabled by a DeFi Token Engine which creates ERC 20 or ERC 1404 token based on Company Needs. It also has a decentralized Investor Services Platform with inbuilt staking rewards powered by Finminity DAO for permissioned community and investor voting for resolutions and other statutory obligations.

FMT Token holders get Early Supporter Slot and a preferred price for all token sales

With FMT Tokens staked, you can Invest in all the Token Sales in Finminity as a preferred investor, before it is opened to public sale

Yield Farming integrated in business model

The amount you have invested is not given to the company rightaway. It is kept in the Escrow by Custodian Contract and you get Interest on that amount based on your staked tokens

Governance rewards for token holders who have staked their tokens

As companies put resolutions for Voting (e.g. Payment Milestones, Decisions), FMT token holders can contribute to the governance and vote using Finminity DAO and earn

Integrated Liquidity Pairs in Uniswap provides ongoing token demand and appreciation

Every company doing token sale has to set aside fixed liquidity of Finminity token pairs when listing on exchange, thereby ensuring a constant demand of our tokens.


Finminity Architecture Mapping To DeFi Layers

Following is how Finminity platform is aligned with the DEFI layers and what are the functions that each layer brings into the overall ecosystem.

1. DEFI Token Engine

  • Finminity Tokenization Engine allows companies to do asset token mapping, onboarding the company on Blockchain, ERC 20/1404 standard Token Creation and Token Allocation to investors. This token engine also does the KYC check of the company before it is onboarded.

2. REGULATORY COMPLIANT FUND RAISE THROUGH TOKEN

  • Companies who tokenizes on Finminity can raise funds in a regulatory compliant manner (STO License for Middle East as of now) by selling their tokens through a watertight KYC AML process. Investors can use the Marketplace to sell these tokens to get liquidity

3. DEFI INVESTOR SERVICES POWERED BY FINMINITY DAO

  • Through a DeFi aligned Investor Services module, Community/Investor Resolution Management and Voting, Milestone based Escrow and Payments, Reward Distribution and partial return of contribution on company failures. All of these are done on Ethereum based DeFi module

4. ORACLES FOR 3rd PARTY INTEGRATION

  • With Ethereum Oracles and API Integration with Finminity to Broker/Dealers, Fund Houses, Lending Service Providers, the Tokens can be packaged as Investment Products bearing interest and sold to external investors. Even investors can get loans against these tokens.


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