Defactor: Abbreviated Introduction
It is believed that there is significant unmet trade financing demand affecting mainly Small and Medium Scale Enterprises (SMEs). At the same time, in the Decentralized Finance (DeFi) sphere, liquidity providers demand stable yield opportunities. Defactor is a gateway to bridge these two ends and introduce Real-World Assets (RWA) to DeFi.
As the name suggests, Defactor stands for Decentralized Factoring. The Defactor Platform offers an opportunity for Real-World Asset Originators (RWAOs) to obtain collateralized funding via DeFi liquidity pools. Its solution reduces barriers to entry for RWAOs by providing the required funding infrastructure and provides investors with transparency and governance over the assets being traded. The platform is supported by an ecosystem of partners providing various value-added services.
At present, the Project is onboarding RWAOs to its experimental gateway to DeFi, the Springpad.
The platform’s native ERC-20 token, $FACTR provides several utilities: governance, incentivization, staking, and network access. The FACTR token will be repurchased in the future using platform revenue and redistributed to incentivize positive actions (buyback-and-make).
The team has vast experience in international trade, supply chains and technology. Specifically, the team has already gained experience in RWA financing on DeFi via Centrifuge’s Tinlake platform. A wider group of ecosystem participants facilitates the team.
The Project aims to achieve decentralization or majority community governance in Phase 3 of its roadmap, planned for 2023 and beyond.
Want access to the full breadth of our institutional-grade reports? Join our community of institutions and investors leveraging our industry-leading intelligence to navigate the world of crypto.
This Report is for informational purposes only and/or all or any of its content thereof, should not, may not, and will not be taken to constitute, either as a whole or in part, any investment advice or recommendation or similar, regulated, or authorized advice, and D-Core by producing, disseminating, giving away, or making available this Report does not, should not, may not and will not be taken to advise on investments, or carry out any similar activity, or any regulated activity or any other authorized activity. D-Core is not authorized by the Financial Conduct Authority or by any other competent EU or elsewhere or otherwise competent authority to carry out any regulated activities and/or any activities within the scope of these authorities’ competence.
D-Core excludes and disclaims all liability and/or responsibility whatsoever and/or howsoever caused, arising out of any actions, or omissions taken, or made by any authorized and/or other recipient of this Report in reliance on, or arising out of, or in connection with any or all content of this Report. Any authorized and/or other recipient of this Report acknowledges, accepts and agrees that they carry out their own independent research and act in their own sole risk in reading or using any or all information contained in this Report. In any event, recipients of this Report are urged to seek professional advice before making any potential investment decision in relation to the project described herein. Any authorized and/or other recipient of this Report accepts this Disclaimer in full. For the avoidance of doubt, this Disclaimer is binding against any recipient of this Report whatsoever.