MERITT- Ideal for Decentralized Fundraising and Financing Cards

gemse29 (25)in #blockchain • 6 years ago

The concept of fundraising has advanced rapidly nowadays penetrating into the digital world. Even for charitable funding, many parties are trying to collect it today in a payment with the digital currency we call cryptocurrencies. The growing cryptocurreny can be utilized for the benefit of all those who are involved in it, intended to do fundraising today. To support it now has come a very innovative platform that is MERITT.

Meritt is an open protocol for the independent creation and maintenance of peer-to-peer financial contracts for Blockchain. Unique decentralized platform, which today will be in great demand and popular. However, the intellectual contract is a real guarantee of high quality transaction execution. The Meritt project is ideal for decentralized fundraising, funding tokens, and more!

Open protocol for on-chain formation and execution of peer-to-peer financial contracts.

Plug & play building blocks
For simple implementation & settlement of a variety of financial contracts on the Ethereum Blockchain
Asset class agnostic protocol
Meritt financial contracts can be securities, loans, bonds, utility, property or donation tokens. For each financial contract issued, a specific ERC20 contract token is created.
Key terms committed & settled on the blockchain
Transparency & certainty on the future execution of key terms and auditable trail on the immutable distributed ledgers. Secured issuance and trustless servicing of financial contracts via smart contracts.
Sovereign ID and secured data ownership
Participants have full control and ownership over their encrypted personal data and ID and can disclose on zero-knowledge basis.
Decentralised & free, No Meritt fee, no mid-man
Decentralised blockchain architecture. Only gas costs incurred. Execution of financings in a true peer-to-peer environment.

Applications and platforms can leverage the Meritt protocol to enable their users to finance or fundraise on peer-to-peer basis.

MTT is the Meritt network token
Users of dApps and platforms on the Meritt protocol to stake a fraction of financial contracts’ value in MTT. MTT staking keep participants’ incentives aligned and secure the ecosystem.