Why should you try THEIA?

Minaev
3 min readFeb 15, 2022

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The new era of time, the emergence of web3, the creativity of people — everything points to the emergence of projects with big goals and prospects, like THEA.

What is THEIA? — a digital financial system that must meet high quality standards: work quickly, be safe and ready for multiple growth.

The usual process of applying for business loans takes a very long time. You need to prepare a large package of documents and wait for the application to be considered within a few days. Strict requirements are imposed on an entrepreneur or company — the level of turnover, the time of existence, the scope of activity and many others. If money for business is needed urgently, then such a scheme is very inconvenient.

According to its operating principle, THEIA resembles a cross between a crowdfunding platform and a microfinance organization. It is a bridge between an entrepreneur and private investors — p2p lending. Studies the service participants, checks their reliability and conducts monetary transactions.

Such a scheme of work is convenient for both the borrower, the investor, and the site. The borrower can quickly get a small amount for the development of his business and easily return it. Investors receive additional income with an acceptable level of risk. THEIA attracts more customers who want to use this service, and does not risk their money.

How does THEIA work? Creation of a two-tier investment platform — from markets and projects.

Markets are DAOs created by the creators of the market. Here are the markets created by reputable people/experts. Each market is able to have its own Market Token. The more projects the market has, the more valuable the market is. Projects are created by ideological persons. Projects that have passed moderation, have a product or at least a clear idea of it are placed. All information about the projects will be provided on the project page. Each project will have its own project token. Investors can join the project’s DAO by purchasing this token. Investors can invest both in markets and in projects. The investment of projects occurs through the purchase of a project token for USDS and the investment of the market occurs by buying market tokens for the native tokens THEIA, TEA.

The advantage of THEIA is that they are going to create a platform that is convenient for both entrepreneurs and investors. Unlike banks, money is given out for any purpose that reputable markets liked, and has passed THEIA moderation. Projects are interested in entering reputable markets, reputable markets are interested in strong projects. The market lives on its own and it will be controlled by the hard hand of THEIA. This allows you to attract a large community that will control itself.

Let’s just hope that such a promising and interesting web3-based project will be able to survive in the current world of cryptocurrency, where trends are rapidly changing one after another. I can only wish the developers good luck and confidence in their product.

A strong platform for strong projects.

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