Help and get profit! Lending with Impact!

xam0rov (26)in #ico • 6 years ago (edited)

PROJECT

EthicHub is a blockchain-based P2P platform that connects lenders with profitable small farming communities around the globe.

TECHNOLOGY

Every project has a technological layer, a business layer and a philosophical layer: EthicHub has a solid technological layer by applying Blockchain to the most evident case of use;
It has a strong business layer because it focuses on two sectors with exponential growing capabilities: P2P crowdlending and the unbanked - the population segment about to go through the biggest economic growth, with a volume difficult to calculate but exceeding one trillion dollars.
But EthicHub wants to keep the focus on the philosophical layer, to be coherent with our mission and our values and always watch over the positive impact of the borrowed money, which should serve to improve productivity, diversify production or improve the farmers' trading conditions.

ADVANTAGES

Democratize Finances = Universalized access to credit and to high return overseas investment opportunities.
Re-assess Reputation =Trust and reputation transformed into assets through the rating of repayment and success records of both, the Borrower and Local Node.
Humanize Finances = Efficiency and transparency improvement. Eliminating intermediaries and proposing to invest only in projects with a positive impact and high profitability.

MODEL

We want to make a fair distribution of the profits between the borrower and the lender. Our platform fees are only-in-success fees (except for exchange fees). These fees are used to cover insurances, local node benefits, and operative costs. The rest will be spent into development and marketing to bring lenders to the platform.

TOKEN INFORMATION

The total supply will be 100M, so it would need a market cap of 64M USD to ensure the initial price of 0.64 USD remains, however the circulating supply will likely be less so maybe around 30-40M USD for the 0.64 USD price. It only needs to be in the top 250 coins for this to occur, so it seems like a reasonable price.

New features of the Ethix token: The EthicHub token is designed to incentivise key stakeholders positive behaviour: Investors to invest and refer; Borrowers to pay back; and Local Nodes to select good projects and refer new trustful Local Nodes. It is also designed to mitigate the main barriers to the adoption of our system: default and exchange risks. You can read more about it in our Token Paper that will be realised soon.

TEAM

We have a powerful and solid team; entrepreneurs with experience in their respective areas: innovation and entrepreneurship, financial intermediation, technological development and global marketing.