Phuture, the new investment by 7 O’Clock Capital. Phuture is excited to announce the Initial Decentralised Offering (IDO) for the $PHTR token on the Polkastarter platform. More information relating to the sale date and details on how to whitelist will be out in due course.
Phuture is a decentralized protocol built for the creation and investment of passive index strategies in a Web3 environment. The Phuture protocol introduces a unique, scalable, aggregated index architecture that allows it to rebalance across multiple indices simultaneously. Its smart rebalancing engine dynamically ascertains the optimal rebalancing triggers, minimising value lost through swaps and improving index performance.
Phuture raised $1.5M in a recent seed round and is supported by some of the most forward-thinking investors in the Web 3 landscape, backed by Ascensive Assets, 7 O’Clock Capital, NGC Ventures, SevenX, Moonrock Capital, Origin Capital, Waterdrip Capital, and D64 Ventures. With angel investment from Richard Ma (CEO of QuantStamp) and Danish Chaudry (CEO of Bitcoin.com Exchange).
The $PHTR token will empower the Phuture ecosystem by encompassing the following functions:
Staked PHTR holders can exercise their right to vote on, or propose new ideas to improve the Phuture protocol.
Users who stake their PHTR receive Enhanced PHTR (ePHTR), a yield generating variant of PHTR.
Keeper and Liquidity Rewards
PHTR is earned by keepers performing critical platform functions, and is used to promote the liquidity of Phuture indices.
Phuture is a decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment.
Once live, Phuture will introduce an open design philosophy for creating passive investment strategies. Designed from the ground up to be intuitive to both crypto and non-crypto native users, Phuture provides the tools to create new indices, or invest into existing ones created by the community.
For more information check out — Gitbook, Medium, Twitter and Website.
Polkastarter is a fully decentralised protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets.
With Polkastarter, decentralised projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard.
Phuture Official Channels
Please note that these are the official Phuture channels. Admins will not reach out directly.
Telegram Chat — https://t.me/phuture_group
Telegram Announcements — https://t.me/phutureofficialann
Discord — https://discord.com/invite/frRD3Ck
Twitter — https://twitter.com/phuturedao