Oin Finance is a DeFi firm building liquidity-pool lending platforms on the Ontology blockchain with cross-chain functionality. The company closed a $1M private sale round from a group of blockchain investors. OIN plans a public token sale on August 26, with participation decided by a lottery, followed by a listing on a decentralized exchange and later on a centralized exchange. Its product roadmap includes liquidity mining through its DEX and a loans platform starting on Ontology, with expansion to other top platforms via cross-chain bridges. OIN is building bridge technology to integrate Ethereum into its ecosystem and has announced a partnership with Qtum to include that platform in its ecosystem similarly to ETH. The CEO, Renard Zhang, said the lottery approach was chosen because community interest exceeded the company’s initial funding plans.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2020