PlusPad Doc 2021
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DEVELOPMENT
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PLUSPAD ($PLUS)
A community driven token focused on globalizing cryptocurrency using defi Technology
Executive Summary
Vision
Pluspad seeks to offer DeFi technologies that enable token holders and organizations to confidently purchase, trade, develop and secure crypto assets.
Mission
To automate and simplify the financial transactions between individuals and/or companies worldwide through the use of well-designed decentralized finance applications, hence removing the need for middlemen and third-party intermediaries.
Overview
PlusPad is on the verge of becoming the decentralized finance (DeFi) solution of choice for automatic smart-escrows, Smart Pluspad and smart locks. Our proprietary technology enables individuals and companies to quickly and easily execute smart contract-based agreements at a fraction of the cost of comparable services given by legal firms and banks. PlusPad's aim, as part of its phase one deployment, is to streamline the transaction process between people worldwide by delivering an alternative to the expensive middlemen that are typically necessary in these types of transactions. PlusPad is a core DeFi layer that will fundamentally alter how financial transactions are conducted.
PLUS, an BEP-20 token, powers the PlusPad platform. Constructed on top of the Binance Smart Chain. The PLUS token will be used to obtain discounts on a variety of products, services, profits from staking, as a community governance token. Staking tokens on PlusPad enables holders to receive a portion of any fees paid in PLUS. With a maximum total Supply of 100M tokens minted and the implementation of staking and deflationary tokenomics, We anticipate that when utilized in conjunction with tokenomics, this utility token will provide tremendous benefits.
What is the point of PlusPad? Why are we doing this now? Decentralized finance is the financial system's future backbone of the global economy and the requirement for a trustless means of transacting with one another is becoming increasingly important. After careful consideration, the PlusPad founding team concluded that There was no pre-packaged solution for escrows, multi-party swaps, or time-based repeating transactions. The financial services business is worth more than $26 trillion dollars and the transaction market that PlusPad affects is worth more than $72 billion; This equates to more than $2.5 billion in annual revenue if PlusPad secures only 1.5 percent of the market. We believe that as the crypto and traditional finance worlds continue to converge, The stage is set for a worldwide revolution in fintech and DeFi, and PlusPad is positioned to lead the charge on 21st century finance.
Last modified 5mo ago
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