Float Capital
Next generation synthetic asset protocol.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
* | $5.0m | Seed | |
| Total Funding | 000k | ||
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Float Capital is an innovative startup operating in the decentralized finance (DeFi) market. The company specializes in providing a platform for trading synthetic assets, which are financial instruments that mimic the value of real-world assets like stocks, commodities, or currencies. This allows users to gain long (betting the price will go up) or short (betting the price will go down) exposure to various assets without actually owning them.
The platform is designed to be user-friendly and efficient, eliminating common issues in traditional trading such as liquidations (forced selling of assets), over-collateralization (having to put up more money than the asset is worth), front running (when someone else gets their trade in before yours), and trading fees. This makes it an attractive option for both novice and experienced traders looking for a more streamlined and cost-effective way to trade.
Float Capital primarily serves individual traders and investors who are interested in the DeFi space. The company operates on the Polygon network, a popular blockchain known for its low transaction costs and high speed. The business model revolves around the use of its native FLT token, which is integral to the platform's governance and utility. Users can earn FLT tokens by participating in the platform, and these tokens can be used to propose and vote on protocol upgrades, ensuring that the community has a say in the platform's development.
The company makes money through various means, including partnerships with other blockchain projects like Chainlink, Polygon, and Aave. Additionally, Float Capital has raised seed funding to support its growth and development.
In summary, Float Capital is a forward-thinking company in the DeFi space, offering a unique and efficient way to trade synthetic assets. It leverages blockchain technology to provide a seamless trading experience, with a strong focus on community governance and user empowerment.
Keywords: DeFi, synthetic assets, FLT token, Polygon network, trading platform, community governance, blockchain, no trading fees, long exposure, short exposure.