It has been 6 months since the tokenburn, time for an update!
1. ActaFi Website is down
Correct. Since the Acta Finance products are onchain, by smartcontracts, the frontend hosting has been turned off 3 months ago.
The reason for that is a change in ecosystem, revising products, and terminating the services that had barely users.
We are going to reboot the infrastructure and hosting once we have the ecosystem changes in place
2. ActaFi Launchpad
The ActaFi launchpad was developed end of 2023 and was live on testnet.
The crypto market was performing well but not well enough for secondary market token listings to bring ActaFi Launchpad to mainnet. Neither did we see ACTA Tokenholders engage with the product on testnet. Togehter that made us decide it wasnβt the time yet.
3. The Joint Venture (JV)
Our experience building DeFi products and innovation did bring the right attention to us, where we are currently cooperating in the developments of innovation for launchpads. The developments are in final stage, are on testnet for that project, and after their audit is done (approved) we get to know the date that we can integrate the launchpad as ActaFi Launchpad, with multi-tier (6 tiers), multi-deal (IDO, INO, Private, DCVC, KOL, KOL Airdrop, Airdrop). Within Acta Financen we will stay chain dedicated for now to Avalanche for the launchpad.
Another product that we will have access to is a vesting portal that can fractionalize vesting contracts, built on the award-winning wNFT tech from Acta Finance.
The fractionalized vesting portal allows investors to cut their vesting contracts in pieces (fractions), which get wrapped in an NFT, like the wNFT.
The NFT holds the fractionalized vesting schedule and collateral, which then can easily be sold without those tokens hitting the secondary market prematurely.
Last but not least, a permissionless OTC Marketplace for those vNFTs, with partial filling and instant settlement. This can be expanded to SAFTs aswel in the future, but that requires approval and management (centralized) of the product, which as you should know we prefere to keep everything onchain.
4. What now
We are contributing to the JV developments as much as possible so we can reboot the ActaFi Ecosystem asap.
Updated expectations are for the JV products to be ready for audit end of June (currently on testnet and doing QA).
ACTA Tokens that were in the vesting, staking, wNFT, DAO, β¦ will still be there, waiting for you!
All ActaFi products are onchain, meaning the token will still be there when we relaunch our ecosystem.
Weβre still hereβ¦ building amazing products that people (and projects) would benefit from!