Backed Finance

 Backed Finance is a platform for issuing and funding new types of assets, 

  Lots of startups have sprung up lately. However, only a few of these startups survive, this is because usually the main factor is financial problems, most of these startups initially received financial support from investors but over time they could not survive and had to close their businesses. This is very unfortunate because many of these startups are very potential and useful for the community. VC or angel investors also don't seem very helpful, because usually they only focus on profit, and in some cases these investors even manipulate a company and make them go bankrupt.

Supported Finance: Getting Started With CompanyCoins

Newly growing companies need to be supported because they can be the second Facebook or Twitter to bring innovative ideas and make them future market leaders. And because of that, Backed Finance designed a crypto platform that allows users to support multiple platforms and allows them to stay in the market. Users will be able to invest in companies like Reddit, SpaceX, or other companies, or they can invest in potential startups and keep them alive. Designed as a platform on which companies will be supported, Backed Finance is an innovative platform that not only supports companies but also provides benefits to users, because when the company grows, it will benefit CompanyCoins holders.

Competitive advantage

Backed Finance has a competitive advantage that makes it a decidedly better platform than VCs or angel investors. This can be seen from the various features it offers:

Invest in multiple companies: Supported Finance allows CompanyCoins holders to invest in multiple companies and profit from them.

Profit in line with the company's growth: Backed Finance will make it easier for users to be able to get profits in line with the growth of the company they invest in.

Fees for companies: Backed Finance will charge a 10% fee which will be given to startups as their reward.

Pegged to BTC: Supported Finance plans to peg BKD to BTC and will double it every 500K coins.

Helping startups: Backed Finance uses the power of the crowd to support startups. Thus, this startup will be able to develop and survive in the market.

Problem

Now it is not difficult to be able to invest in a company. With various investment apps available in the market, today's users can invest in any company they want like SpaceX, Facebook, etc. However, the convenience provided by an application like this is still considered burdensome for users, because users have to buy according to their needs. specified lot or they need to provide documents or KYC. Therefore, users need a platform that will make it easier for them to invest without the need for KYC or providing troublesome paperwork.

The solution

And responding to this, Backed Finance was launched as an investment platform that will make it easier for users to invest in their favorite companies. Various features provided by Backed Finance such as convenience, security, and flexibility, will make it easier for users who want to invest in a platform. Backed Finance will be a platform that will support startups with crypto tokens that have value. The tokens provided by Backed Finance are CompanyCoins, these are tokens that will be the catalyst and will support the companies in Backed Finance, for example SpaceX, Facebook, etc. This token allows users to be able to buy this token and then invest it in the company they want, and later as the company grows it will provide profits to investors.

Supported Financial Markets

The global investment market is very large and this has great potential to be explored, because as we know that nowadays many people are starting to become aware of investment and want to invest in potential companies. However, going through conventional channels will be complicated because users have to provide various documents and do KYC before they can invest in the market. Backed Finance sees this as an opportunity because in Backed Finance users do not need to provide various documents or KYC, because they will be able to invest in various companies easily using their digital wallet. Users just need to connect their wallet and invest the CompanyCoin they own and that's it.

Token Sale

It is planned that the $BKD Token will be sold through a token sale program that will be held in the future. By participating in this token sale program, users will be able to get $BKD Tokens at a lower price than before the token was launched on CEX/DEX and this will benefit users who hold early. To participate in this token sale program, users can read more details on the website and see more fully what requirements the user must meet to purchase this token. And it will not be difficult to be able to buy these tokens.

Summarizing

Backed Finance builds a platform that allows users to invest in multiple platforms and profit from them. Backed Finance uses blockchain to allow users to invest on multiple platforms using CompanyCoins and users don't need to provide various documents or KYC when using Backed Finance, because that's not necessary. So with what Backed Finance has to offer, it will be a platform where multiple platforms will be supported and allow them to grow and survive in the market.

#BKD # BACKED # COMPANYCOIN # DEFI #BSC # BSCGEM

Link

Website:    https://backed.finance/
Twitter:    https://twitter.com/BackedTeam

Username: NeymarJrs link url https://bitcointalk.org/index.php?action=profile;u=3122426