What is Troop Finance?

About

Troop Finance is a social investment platform built on Lens Protocol 🌿. It facilitates the creation of collaborative portfolios to help communities invest better together. The protocol allows anybody to become a member and contribute to the curation of investment portfolios. Contributors receive badges that track their reputation to keep scammers at bay and rewarding those who actively contribute to their investment communities.

Target Group and Opportunities

More than 70% of crypto investors collaborate on their investment strategies using social media platforms like Telegram or Discord, friend chat groups and influencer platforms.

Investment communities (either groups of friends or large influencer communities) follow the same pattern: There are those who contribute the most with their ideas and research, those who try to scam others and those who simply follow what the group does and ask others to manage their funds for them.

Troop tackles these three opportunities:

• 👑 Community thought leaders and active members get compensated for their contributions to the community.

• 👺 Scammers are kept at bay through an on-chain reputation system with Soulbound badges.

• 💸 Retail investors can copy community curated portfolios without having to give up the custody of their money.

Our Vision

We are building web 3.0’s native SocialFi investment hub, where DeFi, collaboration and socialisation are bound together by allowing the creation of the web3-evolved Investment Clubs, making asset management much more inclusive.

We do this by turning traditional fund management upside down. Instead of a single investor earning a fee for managing a fund, this fee gets distributed amongst active members of a community who curate a portfolio. These communities are gathered around specific themes, financial goals and risk appetites, allowing retail investors to pick from a range of portfolios that suit them best. Curators earn reputation based on the quality of their contributions.

What do we need the grant for?

• We are looking to develop and test some features on our MVP before launching on mainnet • Auditing • We are looking to expand our team in the following areas:

• Front-end (React) development
• Smart-contract development
• Branding and Marketing
• Community Building
• Operations

Join Troop Finance (Beta)

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Social Media

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