For project-specific tokens, Crypto crowdfunding platform launches DEX

For project-specific tokens Crypto crowdfunding platform launches DEX

A blockchain firm dedicated to supporting R&D for hi-tech projects is entering the DeFi space with its own decentralized exchang and it is hot on the heels of launching its crypto-powered crowdfunding platform in May.

Supporting start-ups focused on technology, innovation and sustainability, is the core of Tecra Space crowdfunding platform. For small investors interested in backing projects that can do well while doing good, it supports them by tokenizing the intellectual property (IP) of these fledgling businesses.

Each project supported by Tecra Space offers its own tokens, which can be purchased with Ether, Tether stablecoins and TecraCoin (TCR) and also by credit card, PayPal or bank transfer, a native cryptocurrency currently listed on the Hotbit exchange and Uniswap DEX. Now, Tecra has announced plans to launch its own Tecra DEX early next year, which will list Tecra Space project tokens as well as TecraCoin and popular cryptocurrencies.

Tecra has gained financial support — and credibility — from the EU’s Smart Growth Programme and Poland’s National Centre for Research and Development, as well as winning the Startup Grand Slam at the 2019 World Blockchain Summit Taipei. It was also a Singularity University finalist for the 10 best startups in Eastern Europe, awarded on Google Campus in Warsaw.

One important feature that will set the Tecra DEX apart from other centralized and decentralized exchanges is that it will list “quality tokens of real companies,” with marketable projects, according to Przemysław Karda, CEO of Tecra.

That is a point core to the identity of Tecra, which uses the tagline “science, not fiction” — a swipe at what the company calls “the current trend of tokens with superficial value.” (Notably the canine-themed Dogecoin and Shibecoin, according to the Tecra whitepaper.)

To earn a spot on Tecra Space, projects must gain the support of the Tecra community and pass an expert evaluation. The first to do so is Expanse Plus, a

 

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