DEFI Insula (ISLA) Decentralized Crypto Investment Funds

xorimaxo (37)in #cryptocurrency • 4 years ago

Marketcap: 386,850

Circulating supply: 600,000 (60% of total supply)
Total supply: 1,000,000
DeFi investing tools for institutional investors
Part of RenVM Development Committee (along with AirSwap, Defi Prime, Dune Analytics, etc)
MAMA partnership (Credit Suisse, UBS, Bitcoin Suisse, MakerDAO, Tezos, AAVE, etc.)
Joined StationF Incubation Program (Microsoft, Facebook, adidas, Ubisoft, iPEPS etc. partners)
Nexus Mutual will be used for insurance coverage of funds
Generated $330k in revenue last year alone with less employees
Tokenburn coming (a deflationary token), exact details TBA
16 team members with 22 open positions to be filled
Aragon-based InsulaDAO coming, InsulaDAO will turn ISLA into a governance token
Collaborative works with Melon and CoTrader for decentralised funds
Offices in France & UK
Token usecase include governance token for InsulaDAO, rewards for users, clients pay for consultancy services in ISLA, and employees' salaries paid in ISLA
Cooperative "Halving", payment rate reduces by half (similar to BTC halving, as the team believes in ISLA token)
Working on more DeFi utility mechanisms with smart contracts
Defipulse listing coming
Equity fundraising coming through StationF (for further development of the project)
Payment rails mechanism in development (for REC-20 token and ISLA)