The company's main focus has always been on peer-to-peer transactions and self-regulation of customer assets, which is the essence of blockchain innovation. Today, the introduction of the FDN empowers investors to own securities where banks and investment traders own assets.
Therefore, Finhaven will use its public blockchain, FinhavenChain, to enhance cross-border securities settlement, enabling supervisory agencies, central banks and traders to enter the blockchain industry. The Finhaven chain will also serve as a platform for the rapid development of FINToken.
The company has minted 1 billion FINTokens and plans to deliver 20% of the total supply (about 200 million tokens) by the end of 2022. By next year, another 20% of tokens will be available. FINToken, the total supply is about 400 million tokens.
However, diving into the encrypted world and getting involved in digital currency still has risks such as circulation, price, business, system, control and mission risks. In any case, Finhaven's goal is to improve the global financial system through blockchain.
Finhaven Private Markets recently announced plans to innovate in the investment and entertainment industries by creating securitized NFTs linked to royalty streams. His first project, Stardust, provides investors with exclusive access to non-diluted ownership of the sci-fi action film and TV series "Black Rose."
Accredited investors can participate in film and TV shows for $1,000 CAD. The royalties comprise 60% of Stardust's music video proceeds and 5.35% of Black Rose's free cash flow.
In addition, all Stardust fragmented NFT holders will still own 90% of the shares of Stardust NFT and 90% of the proceeds from the sale of NFT.
In addition to launching tokens, Finhaven also plans to expand its Finhaven Private Markets and Finhaven Gateway products. It is worth noting that FinhavenGateway can accept clients outside of Canada.
In addition, the company is also looking to find its FDN in the third quarter of this year once it develops into middleware. FDN becomes a blockchain middleware platform, companies will be able to apply decentralized ID and other control business use cases NFT use cases.
A white label Finhaven investment platform, oriented to the financing market of the global venture capital industry, is expected to be launched soon.
