Collateralized Loans, Simplified Investing, Diamonds
Let’s take a look at three projects in the Launchpool Web3 Techstar Accelerator program, that are all based on new ideas for Decentralized Finance (DeFi).
(Read our earlier story on projects related to the “Creator Economy” here.)
On June 30, Techstars held a demo day in Dublin, Ireland, with participation from nine potential startups in Web3, including the three we are putting in the spotlight here:
Eczodex Cambridge
Description: Eczodex Cambridge tokenizes data assets for value investors, connecting the worlds of Traditional Finance and DeFi. Eczodex allows users to borrow funds for DeFi investing using their financial assets as collateral.
The users then select different investment strategies based on personal preferences, ranging from a slow and steady plan (low-risk, 2% APY historical return) to an aggressive approach (high-risk, 10% APY historical return).
The assets accepted as collateral include stocks, ETFs, commodities,...
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