FIC Network ICO

FIC Network ICO

Created using Figma
Created using Figma
FIC Network is an end-to-end decentralized fastened return securities network that enables the listing, exchange, and securitization of fastened return economic instruments. Our side has been edifice the network since beforehand 2016, attracting seed funding from three institutional investors: Lift VC, Startupbootcamp Fintech NYC, Bialla Venture Partners. FIC Network will back up the consumer and duty advance market-place in its first phase of implementation and it will then enlarge into other fixed income financial instruments. FIC coin is a utility coin, used to execute activities on the network, such as listing, trading, and holding economic instruments. It is not backed by, and cannot be exchanged against, any economic instruments.
Token Sale
Aug 1, 2018
Aug 31, 2018
100% completed
$4 800 000
30% goal completed
Goal 16 000 000.00 USD
past
ICO
Mar 25, 2018
May 15, 2018
100% completed
$646 870
hard cap
cap
30% hard cap completed
Cap 3 500.00 ETH
Hard cap 11 400.00 ETH
past
pre-sale
Jan 24, 2018
Mar 25, 2018
100% completed
$3 000 000
hard cap
cap
75% cap completed
Cap 4 000 000.00 USD
Hard cap 16 000 000.00 USD
past
  • 0.1 USD
    =
    1 EFIC
Token Details
Ticker
EFIC
Accepted Currencies
ETH
Company Details
Registered Country
United States
Additional Details
MVP/Prototype
Yes
Whitelist
Yes , from Mar 19, 2018
KYC
Yes
Categories
Platform, Cryptocurrency, Legal, Retail, Business services, Internet-technology, Software, Communication, Smart Contract, Big Data

About FIC Network ICO

FIC Network is an end-to-end decentralized fixed income securities network that enables the listing, exchange, and securitization of fixed income financial instruments. FIC Network is an asset-agnostic, multi-currency distributed ledger primarily focused towards institutions using traditional currencies and adapting to cryptocurrency markets. Crypto hedge funds and traditional asset managers will greatly benefit from cost savings and expanded market opportunities.

Features

FIC Network is an end-to-end decentralized fixed income securities network for crypto economy that enables the listing, exchange, and securitization of fixed income financial instruments denominated in crypto or fiat currencies thus merging both markets.

Participants will be able to issue and trade Asset backed securities, Credit, Corporate Bonds, Collateralized Debt Obligations, Credit default swaps, Futures and Options.

Technical Info

FIC Network is an end-to-end decentralized fixed income securities network

FIC Network ICO Roadmap

  • Quarter 4, 2017

  • Pre-token eFIC on Ethereum network
  • Quarter 1, 2018

  • Setting up a legal framework for the operation of FIC network
    Tests with Network Participants on Testnet
    Enabling the exchange of eFIC to FIC
  • Quarter 2, 2018

  • Launch of FIC Network for loan trading
  • 2019

  • Cryptocurrency implementation
    Implementing the ability to trade single ECF separately
    Listing and trading of corporate bonds
  • Read More
  • 2020

  • Listing and trading of other financial instruments

Activity

Activity:
24
VERY LOW
Posts:
347
MEDIUM
Views:
2 019
LOW
Posts:
126
MEDIUM
Followers:
440
VERY LOW
Likes:
393
VERY LOW
Rating:
5
VERY HIGH
Followers:
1 697
LOW
Tweets:
283
MEDIUM
30 Days Growth:
-5
Members:
2 938
MEDIUM
30 Days Growth:
-255

FIC Network ICO Team

Verified 75%

Attention. There is a risk that unverified members are not actually members of the team

Arturs Ivanovs
Founder/CEO
verified
Alvar Soosaar
Co-founder/COO
verified
Kalvis Kalnins
Co-founder, Software Developer
verified

3 ICO

$452 122

Anatoly Ressin
Temporary Head of Technology
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Aigars Staks
Co-founder & Senior Fic Network Architecture Advis...
unverified

2 ICO

$13 946 870

Jed McCaleb
Advisor
unverified

3 ICO

$13 593 790

George Popescu
Advisor
unverified
Joseph Guagliardo
Advisor
unverified
Matiss Ansviesulis
Advisor
unverified

3 ICO

$11 387 870

Angel Colon
Advisor
unverified

FIC Network ICO Last News

3.72
stable
5.0 7
ICO Profile Vision Activity Potential Product Team
icorating
stable+
icobazaar
3.7
3.7
icomarks
8.1

FIC Network ICO Reviews

icorating.com
ICO review website

We see a high market potential for the ecosystem, potentially high demand for services from users and the urgency of the problem posed. The founders and the team, which includes a large number of professionals who have the necessary relevant experience, together have the competence to implement the project. The team wants to bring ideas from the traditional investment world to the crypto industry, and bring the crypto industry into the traditional market. Both eminent advisors (Ismail Malik, Jon Chou) and venture institutional and private investors (VC Boost, Bialla Partners, Startupbootcamp NYC, Jed McCaleb, the founder of Stellar) have demonstrated their interest. Venture investors have participated not only via equity (open sources show at least $20,000 of investment from the start-up accelerator) but also in tokens: Astronaut Capital fund invested 100 ETH at the stage of the private sale, as mentioned in the corresponding press release.

We also note the absence of direct competitors at the time of analysis (April 2018) and fairly clear tokenomics. The use of the time-tested Stellar protocol for the development of the FIC network is a technically sound reliable solution.

However, we draw attention to significant risks that could affect the project’s success, and factors that must be taken into account by investors, namely:

  • Business and commercial risks – the relative conservatism of the intended ecosystem users, and a strong dependence on the direction in which legislative regulation of the crypto market develops, may pose a threat to the success of the project’s ecosystem.
  • Legal risks - the need to introduce legislative regulation of the crypto market for the project’s success, and the conservatism of supervisory authorities in different countries could remain the case over a long period, during which the project will be obliged to function in a rather narrow market
  • The question arises as to whether the project’s financing or self-sufficiency is enough for this period until the necessary legal nuances in different countries are settled and the project can fully function in its operational space.
Read More
Ian Balina

I'm gonna have to respectfully pass on this, because I'm not personally sold on a team, this is just my subjective opinion. I'd rather wait for Exchanges.

Read More
PicoloResearch

Picolo Research is attracted to FIC Network and believes that it is working towards disrupting one of the largest opportunities in the financial ecosystem.
For the reasons listed below, we believe in taking speculative long-term exposure to FIC Network:
• The deal-structure is compelling with a small hard-cap and tight allocation
• Market opportunity is significant, even if FIC Network are only able to secure a small number of major jurisdictions • The company have been in operation since 2014, showing a large amount of commitment and prior success in gaining the support of several accelerators and venture capital firms
• While we don’t usually place a substantial amount of importance on company advisors, we believe that FIC network are supported by some leading personnel
While we are attracted to FIC Network and its ambitions, we do acknowledge the regulatory hurdles it may face. Given the nature of the ever-changing legal landscape, we would anticipate that some jurisdictions will be much harder to gain licensing than others. We highlight this as a potential risk prohibiting growth. 

Read More
OhHeyMatty
61
Read More
Lendex
82
Read More
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