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Tribal Token Sale Announced on CoinList
Token Sale • March 10, 2022
We are pleased to announce that registration for the Tribal Token Sale is now open.
Tribal's mission is to bring the next 1 million small and medium businesses (SMBs) into the crypto space through a community-based autonomous protocol.
The sale starts on March 17th at 17:00 UTC with two public options:
Option 1
Supply: 39,066,666.67 TRIBL tokens
Price: $0.55
Lock & Release: 1 year lock, 6 months linear release
Option 2
Supply: 25,000,000 TRIBL tokens
Price: $0.40
Lock & Release: 1 year lock, 12 months linear release
register here"
Crypto Financial Services for SMEs
Tribal is a payments and financing platform that provides SMEs with multi-currency corporate cards, crypto and traditional payment rails, and short-term financing. Tribal's AI-driven platform tracks and monitors business spend to optimize for high growth.
A few reasons why we're excited about Tribal:
Decentralized Lending Protocol - Tribal is developing an undercollateralized lending protocol that connects cryptocurrency lenders with SMB borrowers. The agreement will enable SMEs in emerging markets to gain access to a lower cost of capital, while lenders can enjoy sustainable APYs regardless of the performance of the cryptocurrency market. nders can enjoy a sustainable APY regardless of the performance of the cryptocurrency market.
Borderless Payments - Tribal provides SMEs with access to the Visa payment network with over 100 million suppliers, local and international wire transfers covering over 180 countries, and a platform that leverages stablecoins to facilitate faster, more affordable transactions On-chain cross-border payments.
Staking Incentives - Tribal SMEs will be incentivized to stake TRIBL tokens for disruptive rewards and access to premium tiers with exclusive benefits. Lenders and borrowers will be incentivized to hold TRIBL tokens to receive higher stablecoin interest rates and pay lower interest for access to capital.
Tribal's founding team of serial entrepreneur data scientists and fintech executives has built and scaled startups in emerging markets and Mango. To lead its growth as it expands across markets, the company has attracted a team of former leaders from leading startups and top financial institutions from HSBC, Experian, Free Markets, American Express, Nubank, Marqeta and Didi Pay A global management team of people.
team
Amr Shady: One of the founders of Tribal
Duane Good: One of the founders of Tribal
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