100-1000X - NEXT YFI - BANK & DEFI

[Anonymous No.20685807]

$ISLA | 476k Market Cap | Defi hedgefunds | Ren Alliance | Token burn tokenomics

Marketcap: 476,284

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)

Sources:

https://www.coingecko.com/en/coins/insula

https://medium.com/renproject/introducing-the-ren-alliance-fde594450113

https://twitter.com/insula_im/status/1286670725290614784?s=21

[Anonymous No.20686049]