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Defactor is a platform that will be expediting the onboarding process for real world assets in DeFi. It is a bridge between decentralised finance and traditional businesses. Real world assets can be turned into NFT’s and the NFT can be used to receive funding from the vast amount of liquidity available in the crypto space. This is a difficult process for traditional businesses that don’t have the infrastructure or knowledge to understand how to do this. Defactor will be the bridge between DeFi and Traditional Business and it will make this an easy and accessible service.
Who are the founders?
Alejandro Gutierrez and Ernesto Vila are the co-founders of Defactor. They are some of the earliest pioneers in this sector of DeFi. They have been involved in onboarding real world assets with Consol Freight for some time now and their experience is what gives Defactor the ability to accomplish its goals.
Brief Tokenomics Overview
There will only ever be 300M FACTR tokens
Buy-Back-and-Make Model
Defactor services will cost $FACTR tokens
FACTR will be a governance token
What is Defactor?
Defactor (FACTR) emerges as a pioneering platform dedicated to the tokenization of real-world assets, bridging the gap between decentralized finance (DeFi) and traditional business. By transforming tangible assets into NFTs, Defactor enables these assets to tap into the extensive liquidity available in the cryptocurrency space. This process, often complex for conventional businesses lacking the necessary infrastructure, becomes streamlined and accessible through Defactor's innovative approach.
The platform's ecosystem is enriched by its Ambassador Program, which targets enthusiasts of real-world assets (RWA) and blockchain technology. This program not only raises awareness but also supports the broader Defactor ecosystem, fostering a community of informed and engaged participants.
Defactor's suite of tools, including POOLS and ASSETS, plays a crucial role in facilitating asset tokenization, enhancing both liquidity and accessibility. These tools are designed to simplify the integration of traditional finance with the dynamic world of Web3, leveraging a vast network of regulators, brokers, and industry players.
The tokenomics of Defactor are structured around the FACTR token, with a capped supply of 300 million tokens. FACTR serves multiple functions within the ecosystem, including governance and service fees, operating under a buy-back-and-make model to ensure sustainability and value retention.
Founded by Alejandro Gutierrez and Ernesto Vila, Defactor benefits from their extensive experience in DeFi and traditional finance. Their prior work with Consol Freight underscores their capability to navigate and innovate within this evolving sector, positioning Defactor as a key player in the integration of real-world assets into the DeFi landscape.
What is the technology behind Defactor?
The technology behind Defactor (FACTR) is centered around the innovative concept of real-world asset tokenization. This means that tangible assets, such as real estate, commodities, or even invoices, can be converted into digital tokens on a blockchain. These tokens represent ownership or a stake in the physical asset, making it easier to trade, manage, and leverage these assets within the decentralized finance (DeFi) ecosystem.
Defactor operates on a blockchain that ensures the security and integrity of these tokenized assets. Blockchains are decentralized ledgers maintained by a network of computers, known as nodes, which work together to validate and record transactions. This decentralized nature makes it extremely difficult for bad actors to manipulate the system. Each transaction is encrypted and linked to the previous one, forming a chain of blocks that is virtually tamper-proof. This cryptographic security ensures that once a transaction is recorded, it cannot be altered or deleted, providing a transparent and immutable record of ownership.
To further enhance security, Defactor employs consensus mechanisms, such as Proof of Stake (PoS) or Proof of Work (PoW), depending on the underlying blockchain it utilizes. These mechanisms require nodes to solve complex mathematical problems or stake their tokens to validate transactions, making it costly and resource-intensive for malicious entities to launch attacks. Additionally, smart contracts—self-executing contracts with the terms directly written into code—are used to automate and enforce agreements, reducing the risk of human error or fraud.
Defactor's role as a bridge between traditional finance and DeFi is crucial. Traditional businesses often lack the infrastructure or expertise to navigate the complexities of the DeFi space. By tokenizing real-world assets and turning them into NFTs (non-fungible tokens), Defactor enables these businesses to access the vast liquidity available in the crypto market. NFTs are unique digital assets that can represent ownership of a specific item or piece of content, making them ideal for representing real-world assets in a digital format.
The platform also incorporates a buy-back-and-make model, where services are paid for using FACTR tokens. This model not only drives demand for the token but also ensures that the ecosystem remains sustainable. FACTR tokens serve as governance tokens, allowing holders to participate in decision-making processes and influence the future direction of the platform.
Alejandro Gutierrez and Ernesto Vila, the co-founders of Defactor, bring a wealth of experience to the project. Their background in onboarding real-world assets with Consol Freight has equipped them with the knowledge and expertise needed to bridge the gap between traditional finance and DeFi effectively.
Defactor's comprehensive toolkit includes various features designed to streamline the onboarding process for real-world assets. These tools facilitate the creation, management, and trading of tokenized assets, making it easier for businesses to integrate into the DeFi ecosystem. By providing a user-friendly interface and robust support, Defactor ensures that even those with limited technical knowledge can benefit from the advantages of blockchain technology.
In essence, Defactor's technology leverages the power of blockchain to tokenize real-world assets, providing a secure, transparent, and efficient way to bridge traditional finance with the burgeoning DeFi space. This approach not only democratizes access to financial services but also unlocks new opportunities for businesses and investors alike.
What are the real-world applications of Defactor?
Defactor (FACTR) is a platform designed to bridge the gap between decentralized finance (DeFi) and traditional businesses. One of its primary real-world applications is the tokenization of real-world assets. This process involves converting physical assets, such as real estate or commodities, into digital tokens on the blockchain. These tokens can then be traded, sold, or used as collateral in DeFi ecosystems, providing liquidity and new financial opportunities for businesses that might otherwise struggle to access funding.
Another significant application of Defactor is its role in enhancing liquidity and optimizing market dynamics within the DeFi space. By enabling the tokenization of assets, Defactor allows for a more fluid and dynamic market where assets can be easily transferred and utilized across various DeFi platforms. This not only benefits businesses by providing them with more funding options but also enriches the DeFi ecosystem by introducing a wider array of assets and investment opportunities.
Defactor also offers an Ambassador program, which is designed for individuals interested in promoting and learning about the platform. This program helps spread awareness and understanding of Defactor's capabilities, fostering a community of advocates who can help drive the adoption of its technology.
Additionally, Defactor facilitates economic growth for companies through decentralized finance. By providing access to DeFi applications and infrastructure, businesses can leverage blockchain technology to streamline their operations, reduce costs, and access new revenue streams. This is particularly beneficial for companies that may lack the infrastructure or knowledge to navigate the complexities of DeFi on their own.
Staking and governance participation are other key features of Defactor. Holders of FACTR tokens can stake their tokens to earn rewards and participate in the governance of the platform. This decentralized approach ensures that the community has a say in the platform's development and future direction, aligning the interests of all stakeholders.
Defactor's co-founders, Alejandro Gutierrez and Ernesto Vila, bring extensive experience in onboarding real-world assets into the DeFi space. Their background with Consol Freight has equipped them with the knowledge and expertise to make Defactor a pivotal player in the integration of traditional businesses with decentralized finance.
What key events have there been for Defactor?
Defactor, a platform designed to expedite the onboarding process for real-world assets into decentralized finance (DeFi), has made significant strides since its inception. By transforming real-world assets into NFTs, Defactor bridges the gap between traditional businesses and the vast liquidity available in the crypto space. The platform's native token, FACTR, plays a crucial role in its ecosystem.
One of the earliest notable events for Defactor was the launch of their Ambassador program. This initiative aimed to build a community of advocates who could promote the platform's mission and engage with a broader audience. The Ambassador program has been instrumental in fostering a strong presence on social media and enhancing community engagement.
Another significant development was the creation of the Liquidity & Markets pillar. This strategic move was designed to ensure that Defactor could provide robust liquidity solutions and market access for tokenized real-world assets. The Liquidity & Markets pillar is a cornerstone of Defactor's efforts to integrate traditional finance with DeFi.
Defactor has also been proactive in seeking global collaboration. By partnering with leaders and innovators in both web2 and web3, the platform aims to expand its reach and enhance its technological capabilities. This collaborative approach underscores Defactor's commitment to building a comprehensive ecosystem that bridges the gap between traditional and decentralized finance.
The development of a technological toolkit and platform ready for use marked another milestone for Defactor. This toolkit is designed to simplify the process of tokenizing real-world assets, making it accessible for businesses that may lack the necessary infrastructure or knowledge. By providing these tools, Defactor empowers traditional businesses to tap into the liquidity available in the crypto space.
A notable innovation from Defactor is the creation of the POOLS tool. This tool enables the creation of Real-World Asset (RWA) liquidity pools, facilitating the seamless integration of tokenized assets into the DeFi ecosystem. The POOLS tool represents a significant advancement in Defactor's mission to bridge traditional finance and DeFi.
Defactor's co-founders, Alejandro Gutierrez and Ernesto Vila, have been pivotal in driving the platform's vision. Their experience in onboarding real-world assets with Consol Freight has provided Defactor with the expertise needed to achieve its goals. Their leadership has been instrumental in navigating the complexities of integrating traditional finance with decentralized technologies.
The platform's tokenomics are also noteworthy. With a total supply of 300 million FACTR tokens, Defactor employs a Buy-Back-and-Make model. FACTR tokens are used to pay for Defactor's services and also serve as governance tokens, allowing holders to participate in decision-making processes within the ecosystem.
Defactor's journey has been marked by strategic initiatives and technological advancements that have positioned it as a key player in the DeFi space. By focusing on tokenizing real-world assets and fostering global collaborations, Defactor continues to build a robust platform that bridges the gap between traditional and decentralized finance.
Who are the founders of Defactor?
Defactor (FACTR) is a platform designed to streamline the onboarding process for real-world assets into decentralized finance (DeFi). It serves as a bridge between traditional businesses and the DeFi space, enabling the conversion of real-world assets into NFTs, which can then be used to access liquidity in the crypto market.
Alejandro Gutierrez and Ernesto Vila are the co-founders of Defactor. Both have extensive experience in the DeFi sector, particularly in onboarding real-world assets through their work with Consol Freight. Their expertise is instrumental in enabling Defactor to achieve its objectives.
The live Defactor price today is $0.039706 USD with a 24-hour trading volume of $72,621.79 USD. We update our FACTR to USD price in real-time. Defactor is down 0.84% in the last 24 hours. The current CoinMarketCap ranking is #3817, with a live market cap of not available. The circulating supply is not available and a max. supply of 300,000,000 FACTR coins.