Welcome my friends to a new interesting ICO today and let’s see their great idea:
International Fiat Platform for P2P Loans
With Sofit anyone can select the best terms of a loan, creating a legal package, and getting money online from any device with no hidden fees. The company takes only 9% of the loan amount.
Sofin is a commercial center stage which unites loan bosses and borrowers:
- Creditor — private people, banks, microfinance associations and assets;
- Borrowers — private people, singular business visionaries and associations.
Advances are issued in the fiat cash of the nation where the borrower dwells. This enables the money to be traded through the SOFIN token if the loan boss and the borrower are from various nations.
The project vision, goal and path
Our point is to give reasonable financing to the fundamental timeframe for all fragments of people in general. The company trust that each individual in any nation ought to have the capacity to acquire cash so as to enhance the nature of his/her life. What’s more, on the terms that a man picks, the SOFIN point is to evacuate boundaries and fringes, to give the entrance to money related assets to the general population of less created nations.
The company will address the every day needs of conventional individuals and business people, opening up decentralized access to back on terms advantageous to the two gatherings, not to the bank or some other middle person.
A great deal of difficulties confronting society are being understood that way:
- The populace expends what it needs;
- Exchange and produce turnover develops;
- New occupations are made.
Another objective is that the venture will manage the point of speculation productivity for Creditors by moving their speculation to different corners of the world through the SOFIN platform.
How it works:
After check, the borrower will be granted a FICO score based on which the imminent leaser will choose to give the advance. In each nation, our nearby illustrative interfaces the neighborhood wellsprings of scoring for the most precise hazard evaluation.
The organization level of pre-legal settlement of is 17%. This is a high rate of the microcredit advertise.
Any Creditor can issue an advance under any conditions. Any Borrower may ask for an advance under any conditions. Subsequently, showcase rivalry directs reasonable conditions for the worldwide economy, without universal fringes and boundaries. The administration will give scoring of the Borrowers, gathering unpaid debts and advantageous installment of advances. At the point when an advance is issued, every single legitimate exchange happen in the programmed mode in the client’s record. The lawful virtue of the exchange is ensured by the stage. To limit dangers, it is conceivable to fund one advance by a few Creditors. So the Borrower can get the sum, and the advance installments will be naturally disseminated by the whole Creditor pool.
The key advantages:
- More open transaction storage system than traditional P2P lending
Loans in cryptocurrency with the legal purity and transparency of each transaction.
The Project Roadmap:
YRC – Your Retail Coach (consulting brand of MCPL for B2C sector)
- Creation of the structure that allows entrepreneurs to obtain the necessary funding through the fund’s surety.In three years, the amount of bail was $51 million.
- Opening the network of microloan points where the verification of the borrower (private individual), the legal basis and the highly profitable financial model were obtained. The business was successfully sold.
- Opening the Verum law firm
- Mining rigs, cryptotrding
- Opening the Elonsoft IT company
- Private P2P loans to entrepreneurs
- P2P platform concept
- Launch of MFO “Loan Club”
- Commencement of system development
- Listing on exchanges
- Launch of the platform in Rusia and the “Guarantee Fund” option
- Launch of the platform in CIS countries
- Launch of one country per a quarter
The Project Team:
The Sofin has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.
- Andrey Tuchkov – CEO
- Trofim Zhugastrov – CPO
Nikita Lushpanov – Chief blockchain officer
- Vitaly Slobodin – CTO
Anton Kruchko – Chief legal officer
- plus the Sofin team & advisers
- Token: Sofin
- Abbreviation: SOF
- Platform: Ethereum
- Accepting: BTC, ETH, NEO, NEM, RIPPLE, BCH, KICK, Wex-code
- 1 SOFIN = $ 0.4
Tokens Sale Availability:
- Presale: 15.Jan-15.Mar
- Start date: 15.Mar.2018
- End date: 15.July.2018
About the author
My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.