What problem does Formosa Financial solve? (or: what human need does it satisfy?) and how exactly does it do so?
Formosa Financial aims to solve 3 main current market needs: Crypto security, Treasury management, and Payment services. Crypto security will offer full brokerage custody with hot and cold wallets, as well as multi-signature wallets for utmost security. Treasury management will offer P2P lending as well as bank issued credit lines based on crypto assets acting as collateral for fiat credits. Payment services such as digital fiat and international wire payments will offer a universal cross chain solution whilst connecting with a mature banking layer.
How is the idea monetized? How do the token holders profit?
Please refer to the whitepaper
FormosaFinancial's team members.
George Kuo-Liang Hsieh
Cofounder & Chairman
Cofounder & CEO
Launch Formosa Financial
Start platform development
Begin to compile ICO company client waitlist
Custody and brokerage service in private beta
Risk hedging in private beta
Secure banking relationships
Launch custody, brokerage and risk hedging products to additional customers (crypto funds, exchanges)
P2P lending for cryptocurrency
Launch debit cards
ETF diversification products
Short-dated forward derivatives contracts
P2P trading platform for standardized derivatives smart contracts
Launch access fund for ICO projects and crypto investments
1 ETH = 15,000 FMF
USA, Republic of China, Cayman Islands
Questions & Answers
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