The DeFi ecosystem has enjoyed significant growth in recent years, which has seen transaction volumes rise in decentralized applications and, in some cases, toppled custodial and centralized
applications and exchanges. This indicates that the blockchain community values the core tenet of its very being, decentralization.
However, regulation is coming, and existing platforms, centralized and decentralized applications, are penalized for unregulated and non-compliant practices. Bictory Finance was developed to
cater to the future of the DeFi ecosystem, one that is compliant, regulated, vast, and still maintains users' privacy. And as the cryptocurrency space approaches maturity in mass adoption, we will continue to see more credible participants enter the space.
Bictory Finance's goal is to become the ideal destination that caters to such players. This is why Bictory Finance is a safe and inclusive suite of financial products that are deployed across blockchains, including a self-sovereign identity blockchain called Concordium.
The Bictory Finance Web3 ecosystem is blockchain agnostic, with the Concordium blockchain as our launchpad. In addition to Concordium features of fast transactions and, cheap fees, high throughput, which improves scalability for global adoption, the blockchain was selected as our launch pad primarily to leverage its protocol-level zero-knowledge ID layer, which aims to verify every player and entity transacting on thennetwork. This is a critical feature upon which we can build the future of decentralization - a Safe and inclusive ecosystem for DeFi and NFT Investors.
Bictory Finance was founded in 2019 by highly experienced entrepreneurs, developers, product designers, blockchain marketers, and business strategists. The team is supported by a group of well-renowned and respected advisors in the crypto industry, who are thought leaders, and responsible for building some of the most successful projects in the blockchain space.
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