What is Resource Finance
The ReSource Protocol provides a comprehensive toolbox for the creation of distributed mutual credit systems that grant participants access to cost-effective credit at extremely competitive terms, further collaborative commerce, and give rise to a new kind of stablecoin which derives its stability and value from organic market forces.
At the heart of ReSource lies a multi-sided lending system that allows businesses to extend credit to each other in the form of goods provided and services rendered. Effectively, this means that participants in the system can access each other’s goods and services in return for guarantees to provide their own equally-valued goods and services to other participants in the network.
Details
IEO (Gate Launchpad): Nov 17, 2021 – Nov 18, 2021
IDO (Daomaker Launchpad): Nov 14, 2021 – Nov 14, 2021
IDO (Infinity Pad Launchpad): Nov 14, 2021 – Nov 14, 2021
IDO (Anypad Launchpad): Nov 17, 2021 – Nov 17, 2021
Token supply: 100,000,000 SOURCE
Hard cap: 5,360,000 USD
Raised: 4,140,000 USD
Legal
Blockchain Platform: Celo
Token info
Ticker: SOURCE
Token price in USD: 1 SOURCE = 0.45 USD
Token distribution:
12.50% – Reserve
2.20% – Ecosystem Fund
2.50% – Marketing, Acquisitions, Licenses
3.00% – Partner, Advisors, Consultants
15.00% – Team
10.00% – Foundation
38.01% – Staking, Liquidity, ММ, Incentives
2.50% – IDO
5.00% – Private Sale
9.49% – Seed Round