Like this video

Dharma

The Open Protocol for Tokenized Debt

The world’s debt markets are due for a makeover. Traditional debt markets are opaque, proprietary, and inefficient. Dharma is building a suite of unopinionated tools, protocols, and standards for building transparent online debt marketplaces.

1.1
1 0 expert ratings
Benchy 1.1
Experts
-
-
-
View rating distribution
Unknown
More on ICO
Report

About Dharma

Dharma is a protocol that enables decentralized origination, underwriting, issuance, and administration of tokenized debt assets in a highly generic and unopinionated construction. The protocol aims to build a common informational interface by which exchanges, brokerages, and traders can reasonably price a tokenized debt's default risk without having to rely on a singular centralized data broker. The Dharma debt issuance scheme leverages two classes of utility players that compete in distinct marketplaces for compensatory fees -- underwriters and relayers. The former are trusted originators and assessors of debtor default risk, and the latter facilitate the funding and issuance of debts in a trustless manner. Both can be empirically evaluated on historical asset performance, and, as such, markets have lucid signals with which to evaluate the default risk of tokenized debts attested to by any given underwriter or relayer. The Dharma debt issuance process only requires one on-chain transaction to execute, and is heavily inspired by the mechanics of the 0x Protocol.

Bookmark
ICO KYC Report
Not conducted yet
Missing or incorrect data? Let us know.

ICOs that might interest you

4.0

Opu Labs

Opu aims to become the leading digital solutions provider for skincare measurement, man...

Starts in 31 days 11 hours
4.7

GigTricks

A blockchain based ecosystem, inclined on maximizing trust in the Freelance & On-Demand...

Starts in 36 days 7 hours
3.8

Safein

Safein is a decentralized blockchain-based identity management platform.

Starts in 5 days 12 hours
4.1

CryptoPolice

CryptoPolice is a platform that helps bring together community and technology in order ...

2 days 23 hours left

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it