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AI-Powered Decentralized Financial Platform, TribeOne – “BE YOUR OWN BANK”

Other 2021/05/27 19:33 by Guest Author
AI-Powered Decentralized Financial Platform, TribeOne - “BE YOUR OWN BANK”

If you are not a part of the crypto industry yet or are an existing crypto enthusiast, here is a fantastic project that would magnetize you to make it big.

Introducing TribeOne, the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to the users through its revolutionary consumer-centric products. TribeOne is using state-of-the-art AI-powered RAROC to analyze the financial performance of its users and evaluate the potential risks.    

The aim of this community-driven organization is to be a decentralized platform; where decision-making is made and governed by the people and not centralized finance authorities. This is the most common flaw in the existing traditional financial industry. This new venture is working towards solving problems in the digital lending space by creating intuitive, easy-to-use, and efficient solutions.

TribeOne gives an option to invest in the newly discovered gem of the DeFi industry, by being the first to offer a platform based on lending and borrowing of NFTs (Non-fungible tokens). The users will also be able to unlock the value of their NFT assets without losing ownership. Therefore, providing an unconventional experience.   

The features don’t stop here; In an over-collateralized DeFi space, TribeOne is the first to offer zero to low collateralized loans for consumers and micro financiers. All micro financiers and SMEs who want to be part of this digital economy can now get tailor-made loans at lowest LTV (Loan to value).     

With colossal benefits comes an uncertain risk of price volatility ; that is why TribeOne’s DeFi insurance products offer a comprehensive  two-layered safety net against liquidation and defaults. Due to its partnership with reputable DeFi insurance providers, the organization will offer an additional buffer of 35% making it up to 125% liquidity threshold. In comparison, the competitors provide an average liquidity threshold value of up to 90%.

“With TribeOne our aim is to provide a diverse platform that transforms user experience in the DeFi industry, by leveraging the demand of a self governing, community based organization.” – Mehdi Suleman, Founder and CEO of TribeOne

TribeOne is managed by a team of seasoned financial experts who possess a perfect combination worth decades of traditional finance experience, DeFi expertise, and Fintech proficiency that will take TribeOne to greater heights. Their expertise in the conventional financial world has helped them create products to resolve issues like lack of transparency, rigid infrastructure, etc., faced by the people regularly. 

This sky breaking project provides a wide range of products that overcome all inefficiencies in the current traditional and DeFi ecosystem. 

TribeOne’s IDO will take place in June! Follow their socials for more information:

Twitter- https://twitter.com/tribeonedefi 

Website- https://www.tribeone.io/

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