Currently, cryptocurrency projects are gaining more and more attention from the community. Thousands of cryptocurrency projects have been born, attracting a large number of investors. It has also created achievements and huge influence in the industry. One of the most important upcoming projects is Defactor and FACTR Coin. So what is Defactor (FACTR)? . What is so special about the Defactor (FACTR) project? .
What is Defactor (FACTR)?
Defactor is a blockchain project that allows users to initialize real-world assets on the DeFi decentralized project space. At the same time, the platform also provides users with the ability to trade these crypto assets.
Defactor's application is very easy to use and verify. It allows users to connect cryptocurrencies and fiat currencies, connect liquidity pools and asset insurance and governance, etc.
Some highlights of Defactor
The Defactor system provides users with risk management and integration tools. In this way, users of the system will be able to access and manage their DeFi transactions.
Provide a platform and an API system that allows users to create, verify and integrate assets in a simple way.
Provides liquidity connectors.
Serves as a bridge between cryptocurrency and fiat markets.
Manage risks and ensure investor safety through property insurance.
Strong governance and community support.
What is FACTR Coin?
FACTR Coin is the main cryptocurrency of the Defactor project. FACTR Coin is used to perform activities in the ecosystem, such as management, transactions, etc.
Tokenomic FACTR Coin
Token name: Defactor Token
Ticker: FACTR
Blockchain: Ethereum
Token use: Governance, Utility
Total supply: 300,000,000 DVD
Circulating Supply: Updating…
Initial Market Cap: $ 999,000
FACTR Coin Distribution
Token sale (Seed + private + public sale) accounts for 21.5% of the total supply.
Staking rewards account for 25% of the total supply.
The ecosystem and partners account for 10% of the total supply.
Advisors and contributors hold 6.5% of the total supply.
The team holds 10% of the total supply.
Launch Partners account for 4% of the total supply.
The Foundation holds 23% of the total supply.
Which exchanges does FACTR Coin support?
Currently, FACTR tokens are not traded on exchanges. They are only available on Uniswap.
FACTR Coins Storage Wallet
FACTR coins can now be stored in the Coin98 wallet or on MetaMask.
The Defactor project development team
Ernesto Vila – CEO: Ernesto has many years of experience in international logistics and DeFi applications.
Bhairav Patel – CTO: Bhairav has many years of experience in building global financial platforms.
Alejandro Gutierrez – COO: Many years of experience in supply chain operations and asset DeFi.
Jenny Tsaliki – Product Management: Jenny has many years of experience in fintech finance and financial business analytics.
Defactor project development roadmap
Phase 1 – Launching in 2021:
Introducing asset creators on the system.
Enables connection with Oracles system.
Strengthen the analysis of existing financial risks on the Internet.
Establish an automated management system.
Create and manage coins.
Build an automated payment system for the platform.
Provide property insurance services.
Phase 2 – Development 2022:
Add other types of technology assets.
Add liquidity pools for users.
Manage and clear transactions.
Manage mortgage accounts.
Enable staking functionality on the system.
Phase 3 – Expansion 2023+:
Added new asset types.
Strengthen asset insurance management.
Provide users with more analysis and investment information channels
Decentralize management to the community.
in conclusion
It can be seen that the birth of Defactor is to create a platform for users to invest and earn income. Hopefully, through the above FX Viet article, you have learned something about what is Defactor (FACTR)? From there, you can decide whether to invest in the project.
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