Investor Spotlight Series – Faculty Capital
Investors are a critical part of the Minterest journey; the process we went through to select them was intensive. They were chosen because of their track record, long-term view and value add. Each week we will be featuring a new investor to give you insights into why these investors are so valuable for the Minterest protocol.
This week, we are focusing on Faculty Capital
Faculty Capital is a value-driven venture capital firm focused on innovative blockchain projects. The multi-million dollar Faculty Capital Innovation Fund (FCIF) invests in early stage blockchain companies with disruptive technologies that have the potential to shake up established markets.
Faculty Capital utilises their Broker Dealer license to raise funds across the globe, and support blockchain projects like Minterest. Faculty Capital has invested in leading blockchain projects such as Casper Labs, Web3API, Illuvium, DFYN, Polkastarter, HydraDX, Star Atlas and many more.
Faculty Capital is part of the Faculty Group, which is comprised of several synergistic blockchain-native firms, providing bespoke solutions to digital asset companies. They have extensive expertise in project strategy, token modelling, branding, business development and capital deployment.
“Faculty Capital seeks to invest in and support innovative companies with exceedingly high potential. Our key focus is to help our portfolio projects to save money and time, to scale, and to utilise funds effectively. As someone actively building in the DeFi space myself, one of the most interesting facts about Minterest is the world’s first on-chain liquidation method in a DeFi protocol, removing the need for third party liquidators and this has set a new standard in DeFi. The team behind Minterest is actively pushing the boundaries by creating something truly new and innovative. We are proud to be playing a part in this journey.”
Kyn Chaturvedi, Chief Operating Officer of Minterest, said,
It is an honour to have the support of Faculty Capital as we embark on our mission to make DeFi fairer for users. Faculty Capital are valuable partners, with deep expertise in the industry which spans marketing, fundraising, integrations and advisory, which the Minterest team taps into regularly. We appreciate their continued support and we look forward to engaging them over the long haul”.
So welcome to Minterest, in your best interest
Minterest is a unique borrowing/lending protocol built by industry leaders to service the billions in Total Value Locked (TVL), in DeFi lending projects. It is a decentralised financial platform that is fair and inclusive, with the specific aim of putting user benefits at its core.
The Minterest protocol has the world’s first buyback mechanism, which automatically passes on protocol surplus to contributing platform users. This way users receive protocol surplus on top of industry leading borrowing/lending rates, creating the potential for the highest long-term yields in DeFi. The protocol also has an on-chain treasury which captures and shares liquidation surpluses with users.