Announcing the Tribal Token Sale on CoinList
We’re excited to announce that registrations for the Tribal Token Sale are now open.
Tribal’s mission is to onboard the next one million small-to-medium businesses (SMBs) into crypto through a community based, self-governed protocol.
The sale begins on March 17, 17:00 UTC and has two public options:
Option 1
- Supply: 39,066,666.67 TRIBL tokens
- Price: $0.55
- Lockup & release: 1-year lockup followed by a 6-month linear release
Option 2
- Supply: 25,000,000 TRIBL tokens
- Price: $0.40
- Lockup & release: 1-year lockup followed by a 12-month linear release
Crypto-Powered Financial Services for SMBs
Tribal is a payments and financing platform that offers SMBs access to multi-currency corporate cards, crypto and traditional payment rails, and short term financing. Tribal’s AI-driven platform tracks and monitors enterprise spending to optimize for high growth.
A few reasons we’re excited about Tribal:
- Decentralized Lending Protocol - Tribal is developing an under-collateralized lending protocol that connects crypto lenders with SMBs borrowers. The protocol will give SMBs in emerging markets access to lower costs of capital while Lenders can enjoy sustainable APY, regardless of the crypto market performance. Lenders can enjoy sustainable APY, regardless of how the crypto market performs.
- Borderless Payments - Tribal provides SMBs access to Visa’s payment network with more than 100 million vendors, local and international wires reaching 180+ countries, and on-chain cross-border payments that utilize stablecoins to facilitate faster and more affordable transactions.
- Staking Incentives - Tribal SMBs will be incentivized to stake TRIBL tokens to receive disruptive rewards and access to premium tiers with exclusive benefits. Lenders and borrowers will be incentivized to stake TRIBL tokens to receive higher interest rates on their stablecoins and pay lower interest on access to capital.
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