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MeanFi's mission is to provide a self-custody, permissionless, and trustless bank to everyday banking with the help of DeFi technology.
The adoption of cryptocurrency and DeFi (decentralized finance) in the financial world has solved many privacy problems, but the solution does not exist within a traditional banking format. As a result, instant liquidity cannot always be accessed, prices and fees vary, and consistently working innovative technology such as money streaming is impossible.
MeanFi provides a banking system that aims to tackle the challenges of DeFi and cryptocurrency, providing traditional banking frameworks to guarantee liquidity and stable fees. The banking system is created by Mean DAO and works in partnership with Solana, with the coin's Proof of Stake blockchain facilitating liquidity aggregation, dollar-cost averaging, and the provision of money streaming services.
Whilst several other DeFi services are attempting to innovate upon traditional banking systems and apply them to modern use cases of cryptocurrency, MeanFi is standing out by focussing on the concept of money streaming. This allows salaries and other payments to be distributed over fractions of a second instead of weeks or months, a concept which is difficult without the flexible framework of MeanFi.
Steph
Company Specialist at Welcome to the Jungle
Nov 2021
$3.5m
EARLY VC
Michel Triana
(CEO)Experience as CEO of Realdax from 2017 to 2021. Co-founded Mean DAO in 2021 as CEO.
Eydel Rivero Ruiz
(CTO)Experience as Co-founder and Chief Data Scientist for Realdax from 2017 to 2021. Co-founded Mean DAO in 2021 as CTO.
Maylin Ramirez
(Project Manager)Experience as Technical Project Manager for EveryMundo from 2018 to 2010 and as Senior Project Manager for Realdax from 2020 to 2021. Co-founded MeanDAO in 2021 as Project Manager.
Yansel Florian
(Software Engineer)Experience as Full Stack Software Developer for Realdax in 2021, before co-founding Mean DAO in 2021 as a Software Engineer.