Crypto Startup for Sale in Seville, Spain
|Legal Entity||C Corporation|
|Run Rate Sales||USD 1.2 thousand|
|EBITDA Margin||10 %|
|Local Time||12:28 PM Europe / Madrid|
|Listed By||Business Owner / Director|
- More than 200 registered users in the dashboard.
- Average stablecoin volume of $70K every 5 days.
- Strong discord community of more than 200 people.
- Commission-based business model with several income sources.
- Very low fixed costs (<$400/month).
- $11k+ in stablecoin cash reserves.
- Fiat-backed stablecoin in the Cardano ecosystem and our own ecosystem.
- Dashboard to issue/redeem the stablecoin independently in several networks using several payment methods. Includes KYC verification and compliance checks as well as accounting ledger for users accounts.
- Complete functional network with smart contract support powered by the stablecoin and running without issues since deployment (10 months ago). It allows people to use crypto directly with US dollars.
- Bridge that communicates our network with the Cardano network and is extensible to others.
C Corp company in charge of developing the technology and LLC subsidiary properly registered with FinCEN for money service business activities.
There are no physical assets, just software.
The business is being run exclusively online.
- The company is fully funded by the founders, and has zero debt.
- The stablecoin cash reserves are part of the business liabilities since they belong to the users.
Earlier than 15 daysBusiness Owner, Technology Solution, Jakarta, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder, Blockchain & Software, Larnaca, Corporate Investor / Buyer connected with the Business