More Info About ICO
NAOS Finance
| ICO Name | NAOS Finance |
|---|---|
| Symbol | NAOS |
| Start Date | April 30, 2021 |
| End Date | — |
| Goal | $300000 |
| Stage | IDO |
| Platform | Ethereum |
NAOS Finance facilitates DeFi lenders and SME borrowers to allow both parties to interact in a permission-less manner on the blockchain. We enable the origination and funding of loans without traditional intermediaries. NAOS Finance provides lenders with stable and recurring income streams while also connecting the on-chain world with much bigger off-chain opportunities. Ultimately, our goal is to fully automate the tokenization of real-world assets and make them available as part of the end-to-end lending process through NAOS Finance.
@cbventures 4/ Video is also on YouTube here
A major milestone that lays the foundation for credit-based lending
Next step: bring consumer & business credit ratings on-chain
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Permissioned DeFi (#RWA) cater not only to sustainable-yield seekers, but also the “regulated institutional entities seek more involvement in” cryptos. #keepbuilding
https://coinbase.bynder.com/m/4888c95272561d10/original/2023-Crypto-Market-Outlook.pdf
Spot on!
.@MakerDAO’s real world assets have grown from $17M to almost $700M, or about 10% of total system collateral.