NAOS Finance

About NAOS Finance

{"time":1704989111000,"blocks":[{"data":{"level":6,"text":"Highlights"},"type":"header"},{"data":{"items":["NAOS Finance facilitates the process of borrowing cryptocurrency assets through the usage of RAW as collateral.","The NAOS Protocol tokenizes RWA into NFT and connects borrowers with lenders on a global scale.","NAOS Finance has a large network of corporate borrowers."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"The NAOS Protocol comprises two main components: the liquidity pool \"Formation\" and the lending protocol \"Galaxy.\""},"type":"header"},{"type":"paragraph","data":{"text":"Galaxy can emulate the traditional banking system, which in turn allows borrowers to tokenize and collateralize real-world assets. Formation provides the liquidity which is required to fund real-world assets."}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"When it comes to the traditional financial world, SMEs, when compared to larger counterparts, typically have shorter operating histories as well as insufficient collateral to secure the business loans."},"type":"header"},{"type":"paragraph","data":{"text":"When FinTech lending companies enabled financial inclusions to SMEs and bridged the credit gap by billions of dollars, the government imposed strong regulations."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"NAOS Finance is an interoperable marketplace for loans that are backed by offline income streams."},"type":"header"},{"type":"paragraph","data":{"text":"In fact, the platform facilitates DeFi lenders and SME borrowers, which allow both parties to interact in a permissionless way on the blockchain. Additionally, NAOS Finance lenders have stable and recurring income streams."}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"NAOS gained support from notable investors and has a strong accumulation on RWA."},"type":"header"},{"type":"paragraph","data":{"text":"In fact, NAOS Finance has a large network of corporate borrowers and over $300 million worth of assets ready to be deployed on-chain."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"NAOS is the only protocol that is able to originate real-world assets with its financing licenses."},"type":"header"},{"type":"paragraph","data":{"text":"NAOS is similar to Alchemix, however, with a different business model and asset focus, as Alchemix focuses on DeFi and attracts liquidity and deploys to yearn for yields, while NAOS deploys the liquidity for real-world lendings."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"NAOS Finance has raised $5.1 million in a private funding round."},"type":"header"},{"type":"paragraph","data":{"text":"Notable backers include Coinbase Ventures, Huobi Ventures, OKex Block Dream Fund, Hashkey Capital, Spartan Group, Mechanism Capital, Lemniscap, CMS, Maven 11, GBV, Collider Ventures, DeFi Alliance, Incuba Alpha, SNZ, Ant Financial (A\u0026T Capital), GBIC, Crypto.com Capital, Polkastarter and Hash Global (Fuson Group)."}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"items":["Kevin Tseng (Founder)","Wesley Liu (Smart Contract)","Yan Hsieh (Product)","Michelle Zhang (Growth)","Peter Lai (Blockchain)","Jack Lee (Full Stack Engineer)"],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"$NAOS is the governance token that allows holders to make decisions on the direction of the protocol."},"type":"header"},{"type":"paragraph","data":{"text":"These tokens are also a prerequisite when it comes to participating in the real-world lending features on the NAOS protocol.\r\nNAOS Protocol allows users to lend and generate real-world assets such as corporate bonds and supply chain financing. Trust Wallet holders that hold $NAOS will diversify their crypto portfolios by lending directly to real-world assets while maintaining their exposures to crypto-assets."}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/bdec07se0faoewcj2vu59h3eeabw","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/bdec07se0faoewcj2vu59h3eeabw"}}}],"version":"2.27.2"}