🌐Crypto Factor Intro

Summary

Crypto Factor is a pioneering Decentralised Digital Entity aiming to reshape the future of digital infrastructure using blockchain and Web3 technologies. It offers a platform where users can easily execute and operate their entities without needing technical skills, thanks to its foundation on the DeFiChain and the incorporation of the EVM-compatible MetaChain.

Crypto Factor seeks to democratise blockchain business building by removing technical barriers, offering a suite of features including a native token (CFR), automated treasury, and yield-generating mechanisms. The ultimate goal is to provide accessible, transparent, and censorship-resistant digital structures that empower users to create and manage digital entities with ease.

Key Features

• Decentralised Digital Entity: An entity is the digital core of any on-chain business, the nervous system for which components are built, connected and governed. Configured as a complex NFT for enhanced functionality - including 1000 shares which facilitate on-chain voting power.

• CFR Token: The utility token responsible for bootstrapping the ecosystem, allowing for exchange, trade, gas and yield generation. As a utility token, the value of CFR is governed by the success of Crypto Factor, its clients and operations.

• Incentivised Liquidity Mining: To allow for efficient asset transfer, Crypto Factor has incentivised key liquidity pools (with rewards paid in CFR). The introduction of cAssets (first being cDFI) - demanded such solutions to support sustain growth.

• cDFI Community Staking: A complex automation solution allowing DeFiChain Users to recieve a cAsset receipt token 'cDFI' and stake this to receive native DeFiChain MasterNode rewards. This product includes fractional voting - allowing every holder of cDFI to execute their voting power on key DeFiChain Improvement Proposals and Community Funding Proposals (DFIP & CFP).

• On-chain Distribution: The ecosystem base fee charged on CFR asset swaps is distributed to all reward components and internal channels to allow Crypto Factor to operate successfully. This distribution model is used by clients and allows activity within their ecosystem to flow automatically to Crypto Factor.

• Automated Treasury: Each entity has at least one on-chain Treasury allowing for the management of project funds. Treasuries can be configured with multiple accounts and payment paths, allowing for ultimate funds management control and trust.

• Product Platform: A user-friendly platform build by Crypto Factor to allow users to interact with our products and services. The UI as seen today is used as part of a template which we offer to clients, giving them a head start in getting their ecosystem up, running and offered to market.

• Revenue Model: Crypto Factor core revenue model is based purely on an automated Infrastructure as a Service Model. With typically a maximum of 1 % of client ecosystem fees channelled to Crypto Factor (these funds are distributed).

Vision and Purpose

Crypto Factor is committed to lowering the entry barriers to blockchain-based business, proving that in-depth technical knowledge is not a prerequisite for building successful projects in the space. It positions itself at the forefront of next-gen digital finance / OpenFi, offering a unique mix of programmability, transparency, and accessibility.

We began our journey on the native DeFiChain layer in 2022 and whilst researching other chains and configuring nodes specialising in Multi-Party Computation we chose to stay and build on DeFiChain as it has evolved to incorporate the much anticipated EMV layer known as MetaChain. The launch of EMV compatibility allowed us to set the wheels in motion with our partners OpenDApp Cloud who we have been working with closely since mid 2023. Crypto Factor Labs was spun out from ODA now managing all technical infrastructure development / hosting and research programmes.

Why: We are passionate about digital construction, permissionless, censorship resistant projects on the blockchain. We want to test the assumption that complex technical understanding of the underlying technology is required in order to excel in this space. We have researched the components needed and the deployment architecture to ensure you don't have to - instead this time can be utilised building out your project structure, business planning and engagement strategies, developing ideas and concepts, not code!

At this stage, for early adopters these self-execution products are likely to be deployment fee free, but will require a CFR holding for bootstrapping. Crypto Factor will derive its revenue via a % baseline fee integrated into the services being used by second generation entities.

Crypto Factor Trailer