• Satoshi’s Index is the first fintech company to use Non-Fungible Tokens (NFTs) to authenticate software license ownership.
• The firm is offering unlimited access to its financial dollar-cost averaging products and corresponding cryptocurrency investment platform.
• The NFT holders inform the product roadmap, voting on new features, exchanges, and trading strategies that will get added to the platform next.
Satoshi’s Index Becomes First Fintech Company to Use NFTs
Satoshi’s Index, a Web3 fintech firm offering automated crypto investments, relaunches with an upcoming mint, updated platform and a first for blockchain: offering ownership of a software license through token technology. Each NFT owner will receive unlimited access to use the firm’s financial dollar-cost averaging products and corresponding cryptocurrency investment platform. The token authenticates ownership by verifying an email and corresponding wallet address to confirm that the user possesses the token.
Verified Token Holders Inform Product Roadmap
The verified holders also inform the product roadmap, voting on new features, exchanges and trading strategies that will be added to the platform next. An additional 737 NFTs will be minted on February 23rd at .15 ETH each in order to continue scaling and improving their product before raising outside capital investment.
Crowdfunded by ‚Satoshi’s Disciples‘
The firm has no current outside investment and remains totally crowd funded by their several thousand strong Discord community lovingly called ‚Satoshi’s disciples‘. Lennox Matsinde, co-founder of Satoshi’s Index said: „Smart contracts and blockchain technology unlock new and disruptive use cases like this that have previously not been possible“.
Software Licenses Tokenized
The ability to sell software by both license and subscription enables them to expedite growth without having push raise outside capital. Their vision has always been democratizing and simplifying crypto for retail investors but being able buy/sell software license itself on blockchain revolutionized thinking about SaaS (Software as a Service).
Tokenized software licenses are becoming increasingly popular as it offers users more control over their purchases without sacrificing convenience or security. Satoshi’s Index is leading the way in this arena with its innovative approach using blockchain technology for authentication purposes.