Impossible Finance is one of our Partners! So what is it? In short — Impossible Finance is a multi-chain incubator, launch pad, and swap platform led by Ex-Binance & DeFi veterans. It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences. With extensive support from key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investing, cheaper trading and better yields.
More about Impossible Finance
Their approach to crypto world is based on three key principles they are eager to solve:
- Lack of quality control: Projects often are selected to launch on so-called launchpads with little or no due diligence done. This makes it hard to understand what projects are doing as information is scarce, making a lot of early-stage investment higher risk than it should.
- Unfair: Big and early “whales” and funds drowning out average investors and then taking advantage of their position to manipulate prices. Platforms also sometimes offer unfavorable terms (unequal lockups, high performance fees, or hidden penalties).
- Inaccessible: Needing to be part of a tightly-knit circle that has exclusive access to these deals or a minimum investment size required.
With crypto maturing rapidly, they noticed it was evolving in the way that traditional finance did earlier. Investing and opportunities became increasingly institutionalized, pricing out and pushing regular users away.
This runs counter to their approach and general approach to crypto’s mission, which embodies fairness, transparency, decentralization, and accessibility. At Impossible, they don’t want to forget this, which is why they are trying to bring things back to where crypto was at the beginning.
Speaking about vision and mission, these statements may have different meanings to everyone, but to them, the vision is the “why” which is why they exist and why they do what they do. Meanwhile, the mission is the “what”, mainly what are they trying to achieve.
And it sounds like this:
Our Vision — A fair and accessible digital financial system for everyone.
Our Mission — Helping people learn, discover and invest in crypto opportunities.
Feeling interested already and want to know more about, follow them:
Website | Twitter | Discord | Telegram | Medium
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