Strip Finance is building a collateralized NFT borrowing and lending marketplace initially launching on Binance Smart Chain. The platform will enhance liquidity in the NFT market by providing users with an option to retain ownership and yet be able to derive liquidity.
Nov 10, 2021 19:00:00
Nov 11, 2021 01:00:00
ICO Details
What Is Strip?
Strip Finance is building a collateralized NFT borrowing and lending marketplace initially launching on Binance Smart Chain. The platform will enhance liquidity in the NFT market by providing users with an option to retain ownership and yet be able to derive liquidity.
Strip Unique Features
Access to Capital
Enabling NFT collectors to borrow against their assets as collateral on fair interest rates
Bidding & Pools
Allowing liquidity providers to participate either through direct bidding or pools
Marketplace
Both lenders & borrowers can opt for either pool or P2P marketplace
Roadmap
Strip Token Economy
- Leverage
- Platform Charges
- DAO Governance
- Liquidity mining
Detailed Token Metrics
| Round | Token Price | Raised |
| Seed Round | $0.10 | 5 Million |
| Private Round | $0.20 | 5 Million |
Token Distribution
Seed Sale: 10%
Private Sale: 10%
Public Sale: 10%
Community: 24%
DAO treasury: 16%
Liquidity Pool: 19%
Team & Advisors: 18.5%
Token Release Schedule
Seed — 10% at TGE, 10% for 9 months
Pvt– 20% at TGE, 10% for 8 months
Public — 25% on TGE, 25% monthly
Community
2% every month first year
3% every month second year
4% every month third year
Team & Advisory
1 year cliff
25% for each quarter
Liquidity pools
5% for first 2 months
2% for 45 months
Foundation/Treasury
1 year cliff
2.5% every month
Partners & Advisors
Siddharth Menon (COO of WazirX),
Jaynti Kanani (CEO of Polygon),
Tamar Menteshashvili (Ecosystem Head of Solana),
Yida Gao (GP at Shima Capital).
Team Members
Investors
Strip is backed by Old Fashion Research, Nothing Research, MEXC Exchange, Kryptos Research, Shima Capital, Lancer Capital, LD Capital amongst others.