Apr 6, 2018
MulticurrencyThe eCoinomic platform will accept as collateral: BTC, ETH, LCH, BCH + TOP10 cryptocurrencies.Loans will be issued in: USD, EUR, GBP, JPY, CHF, CNY. Fiat money transaction speedWith the help of the built-in payment agent, the crediting time for fiat funds will only take several minutes.
Price monitoring systemThe system checks collateral value every minute based on the data from several crypto exchanges. Security and transparencySmart contracts regulate the procedures of blocking, returning or liquidating collateral assets.
Insurance reserve fundIt is designed to enhance the attractiveness of the project for large and small investors. Fully functional alpha versionWill be available for testing after the Pre-Sale.
BTC, ETH, LCH, BCH +TOP10 are accepted.
USD, EUR, and later GBP, JPY, CHF, CNY are listed among fiat currencies for loans.
Fiat money transaction speed
It will only take several minutes, thanks to built-in payment agent.
Security and transparency
Smart contracts regulate the procedures of blocking, returning or liquidating collateral.
Price monitoring system
Checks collateral value every minute based on the data from several exchanges.
Insurance reserve fund
Adds to the attractiveness of the project for large and small investors.
Engineering features of the platform The platform is based on the Ethereum ecosystem. Smart Contracts are built with Solidity. The main programming language is Python.
All registered users who make a loan application can independently establish credit conditions: the loan amount and interest rate. The platform allows to automatically search/recommend a counterpart to sign a loan contract. Applications with similar conditions are formed into clusters that operate on the basis of FIFO (first in, first out). Any user of the platform can be both a borrower and a lender. In order to guarantee the declared volume of investments and ensure the speed of funds transactions the lender is required by the platform to open a deposit for the amount of at least 10% of the sum in the loan application. In order to guarantee the assets pledged as security the deposit is transferred to the personal account of the platform user. In case if the crypto asset is not blocked by the current loan agreement, the owner can withdraw it from the platform at any time. Every user can sign any number of loan contracts for a term not exceeding 30 calendar days. The contract can be further prolonged under condition of paying interest and service fees.
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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