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Persistence (XPRT)

Using Web 3.0 protocols, Persistence aims to enable and create a suite of bleeding edge financial products in niches ranging from staking-as-a-service and tokenized ‘real-world’ debt to digital art.

Closed

ICO Details

Sale TypePast ICO listing
Token SymbolXPRT
Token TypeNative token (Tendermint-based)
Token Price1 Token = 3.71 USD
KYCNo
WhitelistNo
AcceptsUSDT

Features

Persistence provides a platform to power Debt Marketplaces that match entities with surplus capital (lenders) to entities that require capital (borrowers). To achieve this, Persistence leverages few key features of the Blockchain / Cryptocurrency ecosystem: ➔ Movement of capital - in a trustless, borderless, instant and round-the-clock manner ➔ Asset tokenization - tokenizing ‘Real-world’ Assets such as invoices, letters of credit, bills of lading (representing goods on a ship) using Non-Fungible Tokens (NFTs). ➔ Decentralized Exchange – to facilitate easy trading and exchange of ‘Real-world’ assets against crypto assets (Stablecoins) ➔ Debt marketplaces – allowing for use of crypto assets and Real-world assets as collateral to borrow/lend against Once a real-world asset has been tokenized into an NFT, it is free to be traded or used as collateral to finance business needs in a quick, easy and global manner. The need for a solution like Persistence has never been clearer. A sizable and increasing amount of institutional capital and emerging Stablecoins are looking to generate yield. There is an ever increasing need for MSMEs traders and businesses to access financing. Persistence matches the two. Persistence enables more efficient global capital allocation.

Frequently Asked Questions

What is Persistence?

Persistence provides a platform to power Debt Marketplaces that match entities with surplus capital (lenders) to entities that require capital (borrowers). To achieve this, Persistence leverages few key features of the Blockchain / Cryptocurrency ecosystem: ➔ Movement of capital - in a trustless, borderless, instant and round-the-clock manner ➔ Asset tokenization - tokenizing ‘Real-world’ Assets such as invoices, letters of credit, bills of lading (representing goods on a ship) using Non-Fungible Tokens (NFTs). ➔ Decentralized Exchange – to facilitate easy trading and exchange of ‘Real-world’ assets against crypto assets (Stablecoins) ➔ Debt marketplaces – allowing for use of crypto assets and Real-world assets as collateral to borrow/lend against Once a real-world asset has been tokenized into an NFT, it is free to be traded or used as collateral to finance business needs in a quick, easy and global manner. The need for a solution like Persistence has never been clearer. A sizable and increasing amount of institutional capital and emerging Stablecoins are looking to generate yield. There is an ever increasing need for MSMEs traders and businesses to access financing. Persistence matches the two. Persistence enables more efficient global capital allocation.

Is the Persistence ICO currently live?

No, the Persistence ICO is closed.

What is the Persistence token symbol?

The Persistence token uses the symbol XPRT.

What is the Persistence (XPRT) price?

The token price for Persistence is 1 Token = 3.71 USD.

Does Persistence require KYC to participate?

Persistence's KYC requirement is: No.

Where can I find official information about Persistence?

The official website for Persistence is https://persistence.one/, and the whitepaper is available at https://persistence.one/static/media/whitepaper.aa159390.pdf.

Data sources

  • Live prices via CoinGecko
  • News from CoinDesk, Cointelegraph & Decrypt
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