Polytrade Finance announces IDO on Polkastarter, the leading decentralized cross chain auction protocol.

3 min readJun 16, 2021

Polytrade is thrilled to announce its upcoming IDO on one of the leading protocols for cross-chain token pools and auctions, Polkastarter.

Polytrade started its journey to shape the future of trade finance by tokenizing real-world invoices, harnessing crypto liquidity pools, and offering safe insurance-backed investments to crypto investors. Since our inception, we have received overwhelming support from our community and investors on our platform offering and solutions, for which we are truly thankful to everyone.

Polytrade IDO on Polkastarter

Polytrade IDO is coming on one of the top IDO platforms, Polkastarter. We will soon be releasing the details regarding the whitelisting process, maximum and minimum allocation, the number of whitelisted addresses, the timings, and more. Join all our social platforms and stay tuned to keep an eye on all the latest updates regarding this IDO rather than missing your chance to participate in this exciting event.

Polytrade’s Mission to Solve the Big Gap in Receivables/Invoice Finance

Polytrade, a blockchain underpinned decentralized protocol, aims to transform receivables financing using liquidity from crypto assets. The platform is aware of the various issues and the vast financing gaps rising in the trade finance industry. Polytrade aims to bridge this rising gap by providing funds to the sellers at the earliest possible time against the issued invoices. The platform promises to bridge this gap, maintaining transparency in the process with decentralization, low cost, and faster transactions than the non-transparent. CEFI institutions that charge high transaction fees.

By Onboarding on Polytrade, Everyone Gains

Polytrade aims to enhance the experience of each party involved in the receivable/invoice financing ecosystem. Thus, it aims to benefit sellers, buyers, and investors in different ways:

Sellers will receive timely payments.
Buyers will get a streamlined credit facility.
Investors will earn interest payments with insured and safe investments in real-world assets.

A Successful Funding Through Oversubscribed Private Rounds

Polytrade has recently concluded its private funding round with whopping USD 1.2 Million from various leading investment funds in the blockchain space like Sandeep Nailwal (Polygon), Orion Protocol, AU21 Capital, Spark Digital Capital, LD Capital Limited, Icetea Labs, Momentum 6, Ramani Ramachandran (Router), and more.

We hope that this IDO will be an excellent experience for the entire team of Polytrade and help us take successful strides in our journey to shape the future of trade finance efficiently.

About Polkastarter

Polkastarter is the fully decentralized 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, decentralized 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.

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About Polytrade

Polytrade is a blockchain-based decentralized protocol aiming to transform receivables financing connecting buyers, sellers, insurers, & investors for a seamless experience. It brings safe and insurance-backed real-world assets to the crypto world. Polytrade will provide real-world borrowers access to low interest and swift financing to free up critical working capital tapped from crypto lenders. While the project will start with a focus on trade finance, eventually, it would evolve into a full-stack lending protocol for small businesses.

Find out more about Polytrade: