Permissionless P2P Lender

DeFi

Infrastructure

Asking Price

$5,000,000

TTM Revenue

$500,000

TTM Profit

$-1.5 million

Last Months Revenue

3,000

Last Month Profit

-5,000

Token Holders

12,300

Country

United States of America

Web and Social Traffic

Website

Twitter

Business Created

March -2018

Limited Liability Company

Competitors

Aave, Compound, Curve

Company Size

1 FTE, 4 or 5 volunteers, 10 advisors, 3 vendors (e.g. marketing, accounting and dev). The dev team is original to the project and has about half-a-dozen folks on QA, design, etc.

Tech Stack

ERC-20 smart contracts, google server

Listing Summary

unFederalReserve’s goal is to lower universal costs of capital by means of its blockchain-based banking software products. We provide technology and thought leadership that allows your business to offer a U.S. regulatory compliant means to share and move assets and other information securely and quickly.Our software licensees implement our solutions for their own reasons; whether that means fulfilling an altruistic vision, gaining market share by lowering lending rates or increasing profitability by making electronic information transfer more efficient.Our live products, like ReserveLending, have successfully handled over $700 million in cumulative transaction volume representing close to 31,000 individual and specific transactions over the course of the last 18 months. Our institutional pool-to-peer lending software, with the help of our publicly-traded banking partner, NextBank International, is in Rinkeby while more entities get onboarded with the bank. Our DeFI to TradFi bridge, ReserveFunding, has had an immediate positive reception from funds looking to raise capital, and this is all just the beginning.2023 is a year to move forward in deliberate fashion. Preserving capital is foremost on our minds, and partnerships have to be vetted to ensure we are not inheriting some other project’s problems. As we navigate uncertain waters, we are confident in our ability to stay the course, identify good opportunities to partner with other permissionless projects and be there as the market turns its attention back to the undeniable future of finance.

Growth

The platform has had over $700 million in cash flows and 31k unique transactions. Simply advertising more will scale the user base. Offering incentives to borrowers/lenders would be even more impactful. The institutional product was build with our partner bank, a subsidiary of a publicly traded company, and can be expanded through outreach/onboarding entities to the bank and then converting them into our product users. The private equity aggregator tool will be relevant when there are more crypto millionaires but can be used by self-directed IRAs to use crypto to invest in alts. Lots of potential to just expand what's already built, up and running.

Key Assets

We have built a user-friendly interface over 10 Compound-forked smart contracts, a Uniswapv3 variable staking application, and institutional grade non-custodial P2P platform, and tradfi private equity deal aggregation site. Contracts in place with Fireblocks (suspended), Circle, Plaid, LexisNexus, CoreLogic, etc.

Ideal Buyer

IDEAL buyer would be a DEX or DEX trading tools operator. Leadership and tech would be available after purchase to deliver integration in an EXTREMELY cost efficient manner.

Selling Reason

The project is not generating enough revenue to pay for my salary. It can sustain itself for years.

Ready to take Action

Use the actions below to purchase this business or make a unique offer to the seller for what you think it is worth

Deal Owner

Harrison Frye

CHIEF GROWTH OFFICER

Contact Dealer

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