Backed Finance

Backed Finance is a platform that aims to be a platform that supports many companies globally in developing and surviving in the market. 

  Backed Finance is a platform that provides investment services to users globally. Supported Finance provides various features that allow users to invest in multiple platforms and profit from them. Backed Finance is an innovative investment platform as it allows its users to easily invest in companies without any hassle. Users will be able to invest the company coins they hold in the companies they want and later they will profit from it. So it is hoped that Backed Finance will become an investment platform that will support companies globally.

Backed Finance is a gateway for tokenized shares and equities on the blockchain. It is supported to issue tokens that represent the value of financial assets. For each token minted, Backed purchases the underlying asset (1-to-1) and stores it through a licensed custodian. Qualified token holders can exchange their tokens for the market value of the underlying asset.

Backed Finance is a platform that aims to be a platform that supports many companies globally in developing and surviving in the market. Allowing users to invest using tokens in companies listed on Backed Finance, will allow companies, especially startups, to get financial support outside of their investors and they will be able to grow better in the future.

Backed Finance has a vision to become an investment platform that will support many companies globally with an innovative funding system and make it easier for investors to invest their money in potential companies. With a focus on innovative investment systems, Backed Finance will support companies to grow better and make it easier for investors to benefit from their investments.

We chose to build Ethereum first, the most powerful crypto network today. This will allow our users to maximize the usability of the Backed token across the DeFi ecosystem as well as migrate it to other chains via existing bridges.

Features provided by Backed Finance

Backed Finance with its innovations offers various features that users can use easily from their various devices.  For example, here users will be able to buy CompanyCoins from various companies listed on Backed Finance and later on they will be able to benefit as the CompanyCoin value increases.  And not only that, there are several other Backed Finance features:

• Genuine Cryptocurrency: users will be able to buy CompanyCoins provided by registered companies using BKD tokens owned by Backed Finance easily and safely.
• Token Launch: users will be able to see that in the ICO or token launch phase, the price of the BKD token will be directly pegged to BTC and double every 500K coins, which is meant to maintain the value of the BKD token.
• CompanyCoins: users holding these tokens will see that the value of their tokens increases as the company grows and more CompanyCoins are purchased and the value of BKD tokens increases.

All these features are presented in a user-friendly and responsive interface which can be easily accessed by users from their devices.  The team from Backed Finance designed this platform to be used by everyone, especially those who are novice investors who want to invest in potential companies, they can choose Backed Finance as their investment platform because by choosing Backed Finance they will get various benefits that they cannot get. . get it on other platforms.

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 applications like this is still considered burdensome for users, because users have to buy according to their wishes. . 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 token provided by Backed Finance is CompanyCoin, this is the token 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.

Because as it is known that many companies in today's market need financial support from global investors and often companies are caught in the trap of VC or angel investors that make their companies go bankrupt. And here we need a global investor war that allows them to be able to invest their tokens in a company and this will later help the company to continue operating and growing in the market. Thus, it will help companies globally to be able to seek financial support to assist operations and development.

Users will find it easier to invest because they will be able to invest in companies they can't even invest in. Thus, this will enable them to be able to support the company in surviving and this company can then grow and provide high profits to users.

Why is Supported launched?

Speaking to Crypto Advisory, Lee Betts-backed Founder summed up the inspiration behind the platform:

“For far too long, speculation about the next big startup has been reserved for certain Angel Investors and VCs.

"Not anymore. Almost anyone can speculate about the future of their favorite company by buying and selling their company's coins.

“Two years ago I wanted to invest in Bubble, a codeless platform. I emailed the Founder and asked if I could invest, but he said they didn't raise.

“18 months later, they raised $100 million, at a 20-fold valuation. I was so frustrated that I didn't profit from my prediction, so I decided to build a solution.

“Supported allows you to speculate about the future of almost any private company. Users can now buy Bubble company coins. I of course bought some myself.

“The top 20 stock exchanges in the world have a combined market capitalization of around $100 trillion.

“If Backed can represent most of the private companies in the world, I don't understand why Backed can't be a $10 trillion dollar asset class.”

Tim

Supported Finance is made up of professionals and experts in their field who have years of experience in platform development and in the global crypto market. The team collaborated together to develop an investment platform that users globally could easily and securely use. With this collaboration, users will be able to use an investment platform that will make it easier for them and provide maximum profit.

Detail Token

BKD is designed to be a token that will provide ecosystem stability, as well as a token that will be used for platform development. The advantage of owning this token is that users can invest in the operation and development of Backed Finance and then they will be rewarded for it. Users can manage all their BKD tokens via a blockchain wallet or any wallet that supports the BEP-20 protocol.

CompanyCoin is a security token that represents share ownership in a specific company on the Supported platforms. The company must be one that has successfully raised funds on Backed after meeting its fundraising goals. The digital asset is an ERC-20 token based on Ethereum, which means it has a standard set of features built into the code and can be freely exchanged for other ERC-20 compatible tokens such as BKD.

Last words

Users need a platform that will make it easy for them to invest and profit from their favorite companies. And Backed Finance can be a solution to this by offering users a platform that will make it easy for them to invest in various companies at the touch of a finger. Backed Finance provides features that allow users to invest without the need for KYC or providing various very complicated documents. With Backed Finance, users just need to invest their CompanyCoins in their favorite companies and they will benefit from their investment as the company grows.

Conclusion

Backed clearly offers something unique in the investment field, and provides a solution for investors looking to enter private companies that have the potential to generate huge profits.

This platform helps democratize investing by allowing the 'average' person to speculate on companies that normally close unless you have deep pockets.

If interest in the platform increases, there is potential for healthy returns on CompanyCoins and BKD tokens, which you can also buy and hold as investments.

Further information

Website: https://backed.finance/

Linkedin : https://www.linkedin.com/company/backedteam/

Twitter : https://twitter.com/BackedTeam

Ann Thread : https://bitcointalk.org / index.php?topic=5403653.0

Litepaper : https://backed.finance/litepaper

Open the App: https://app.backed.finance/

Airdrop : https://backed.finance/airdrop

Username vothum Link: https://bitcointalk.org/index.php?action=profile;u=2633292

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