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RWA
No. 915Price
Markets
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- Coin Introduction
1. Project introduction
In a move poised to reshape the Decentralized Finance (DeFi) landscape, Xend Finance announces a significant evolution in its core value proposition. Building upon its established reputation as a pioneer in the DeFi space from Africa, Xend Finance sets to position itself as the premier Real-World Asset (RWA) aggregator powered by DeFi.
2. Team introduction
CEO: Ugochukwu Aronu
https://www.linkedin.com/in/ugochukwu-aronu-4477a59b/
COO: Emmanuel Okoro
https://www.linkedin.com/in/emmanuel-okoro-9163b480/
CTO: Chima Abafor
https://www.linkedin.com/in/chima-abafor-56801a90/
3. Investment institution
Seed $1.5m in Nov 2020: Binance Labs, AU21 Capital, JUN Capital, Sandeep Nailwal, Ampifi VC
Seed plous: $0.5m in Feb 2021: NGC Ventures, HashKey Capital
In 2019, the startup based in Enugu, Nigeria took part in the Google Launchpad Africa accelerator and the Binance Incubation Programme. It has since secured $2.2 million from Binance, Google Launchpad, NGC Ventures, Hashkey and AU21 Capital, among others.
4. Token distribution
Foundation: 18.2%
Team: 14%
Staking: 14%
Strategic Round: 11.1%
Strategic Round 2: 0.67%
Public Sale: 0.67%
Seed: 10%
Pre-seed: 10%
Ecosystem: 10%
Developer & Community: 8%
Private Sale: 3.38%
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