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About FormosaFinancial(FMF)

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

Team

FormosaFinancial's team members.

George Kuo-Liang Hsieh

George Kuo-Liang Hsieh

Cofounder & Chairman

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Ryan Terribilini

Ryan Terribilini

Cofounder & CEO

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Lorne Lantz

Lorne Lantz

CTO

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Will Chen

Will Chen

CIO

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Roadmap


 
Q1 2018 Launch Formosa Financial
Q2 2018 Start platform development Complete fundraising
Q3 2018 Begin to compile ICO company client waitlist Custody and brokerage service in private beta
Q4 2018 Risk hedging in private beta Secure banking relationships
Q1 2019 Launch custody, brokerage and risk hedging products to additional customers (crypto funds, exchanges) P2P lending for cryptocurrency
Q2 2019 Launch debit cards ETF diversification products
Q3 2019 Short-dated forward derivatives contracts P2P trading platform for standardized derivatives smart contracts
Q4 2019 Launch access fund for ICO projects and crypto investments
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Quick notes

Tokenomics

Token Info

Available tokens: 30% Price: 1 ETH = 15,000 FMF Soft Cap: 20,000 ETH Hard Cap: 40,000 ETH Buy with: ETH Platform: Ethereum Location: Cayman Islands Restricted: USA, Republic of China, Cayman Islands

Other Info

MVP/Prototype: No Escrow: Yes Category: Financial Services

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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

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