TM Rating: 71% |
Review Date: March 16th, 2021
Parcel is a protocol providing simplified crypto treasury management. Their solution includes multiple features that aims to help user experience such as collaborative multisig transactions, 1-click mass payouts with built-in token swaps, teams and people managements with end to end data encryption, yield optimization with strategies or even integrated accounting for reporting of transactions history.
On the paper, Parcel sounds very promising and as more and more people should get concerned about management of on-chain treasury, there is definitely a market fit for such a product. The project is backed by two big institutions in the Blockchain ecosystem, Consensys and Protocol Labs. While the code is open sourced on Github and shows reasonable activity despite the small team, the product is not ready yet, and we are still waiting to get our hands on a demo or to get a first look at it. There is currently no token associated with the project.