🌐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: Configured as a complex NFT for enhanced functionality.
Automated Treasury: Manages crypto-assets for transactional and storage purposes.
CFR Token: A utility crypto-token for exchange, trade, and yield generation.
DeFi Integration: Tokens are tradable on decentralised exchanges and enriched with DeFi processes.
Product Platform: A user-friendly platform to enable easy operation of digital features.
Revenue Model: Revenue generated through a baseline fee from services used by entities.
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 success in the space. It positions itself at the forefront of next-gen digital finance, offering a unique mix of programmability, transparency, and accessibility.
We began our journey on the native DeFiChain layer in 2021 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.
Why: We would like to lower the barriers to building business 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 business plans 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
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