Ripio Credit Network

Ripio Credit Network

Created using Figma
Created using Figma
RCN is a global credit network based on cosigned smart contracts that connects lenders and borrowers located anywhere in the world and on any currency. The smart contracts connect agents with information on the borrower’s identity to agents that analyze the borrower’s credit risk impartially, thus standardizing credit lending through blockchain technology. A cosigner acts as a reinsurer that distributes and reduces the lender’s risk and, at the same time, helps to improve the contract conditions by retaining access to the borrower’s local legal system.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • DragonEx
    RCN/USDT 21 minutes ago
    $ 0.0188
    $ 26.55
    -14.79%
    -64.77%
  • Bittrex
    RCN/BTC 23 minutes ago
    $ 0.0188
    $ 30.364 K
    -13.89%
    94.96%
  • Bancor Network
    RCN/BNT 26 minutes ago
    $ 0.0189
    $ 1.125 K
    -14.86%
    -14.47%
  • Upbit
    RCN/BTC 28 minutes ago
    $ 0.0188
    $ 30.373 K
    -13.87%
    94.99%
  • HitBTC
    RCN/BTC 33 minutes ago
    $ 0.0189
    $ 95.97
    -14.98%
    -58.43%
  • C2CX
    RCN/BTC 34 minutes ago
    $ 0.0192
    $ 3.924 K
    -2.43%
    528.71%
  • Huobi Global
    RCN/ETH 36 minutes ago
    $ 0.0190
    $ 2.217 K
    -13.98%
    -39.71%
  • Huobi Global
    RCN/BTC 36 minutes ago
    $ 0.0191
    $ 25.255 K
    -13.81%
    17.23%
  • Binance
    RCN/ETH 37 minutes ago
    $ 0.0190
    $ 13.253 K
    -15.34%
    84.62%
  • Binance
    RCN/BTC 37 minutes ago
    $ 0.0192
    $ 109.682 K
    -12.91%
    -21.02%
  • EXX
    RCN/USDT 40 minutes ago
    $ 0.0311
    $ 22.575 K
    -1.32%
    17.26%
  • Huobi Korea
    RCN/BTC 55 minutes ago
    $ 0.0194
    $ 148.10
    -12.24%
    21.79%
  • Huobi Korea
    RCN/ETH 55 minutes ago
    $ 0.0194
    -
    -12.15%
    -
  • Binance
    RCN/BNB 56 minutes ago
    $ 0.0196
    $ 5.326 K
    -11.82%
    -52.45%
  • XT
    RCN/SXC 57 minutes ago
    $ 0.0193
    $ 40.933 K
    -12.73%
    44.48%
  • XT
    RCN/USDT 57 minutes ago
    $ 0.0194
    $ 60.569 K
    -12.27%
    44.47%
  • CHAOEX
    RCN/ETH one hour ago
    $ 0.0193
    $ 32.671 K
    -12.85%
    -22.27%
  • HitBTC
    RCN/ETH 2 hours ago
    $ 0.0195
    $ 4.79
    -14.10%
    -65.74%
  • Gate.io
    RCN/USDT 2 hours ago
    $ 0.0193
    $ 9.073 K
    -3.53%
    31.80%
  • ZB
    RCN/USDT 2 hours ago
    $ 0.0139
    $ 201.61
    0.16%
    -94.84%
  • Ethfinex
    RCN/USD 3 hours ago
    $ 0.0216
    $ 42.08
    -
    -
  • HitBTC
    RCN/USD 3 hours ago
    $ 0.0182
    $ 40.14
    -11.22%
    64.51%
  • Ethfinex
    RCN/BTC 6 hours ago
    $ 0.0198
    $ 21.88
    -
    -
  • C2CX
    RCN/LONG 8 hours ago
    $ 0.0218
    -
    -
    -
  • C2CX
    RCN/USDT 8 hours ago
    $ 0.0213
    -
    -
    -
  • Gate.io
    RCN/ETH one day ago
    $ 0.0226
    -
    -
    -
  • Ethfinex
    RCN/ETH 2 days ago
    $ 0.0224
    $ 55.81
    -
    -
  • Uniswap
    RCN/ETH 2 days ago
    $ 0.0231
    -
    -
    -
  • Kyber Network
    RCN/ETH 4 days ago
    $ 0.0234
    -
    -
    -
  • Idex
    RCN/ETH 6 days ago
    $ 0.0252
    -
    -
    -
  • XT
    RCN/BTC 13 days ago
    $ 0.0264
    $ 34.356 K
    -
    -
  • Huobi Korea
    RCN/ETH 24 days ago
    $ 0.0343
    $ 74.85
    0.31%
    -
  • Huobi Korea
    RCN/BTC 24 days ago
    $ 0.0345
    $ 1.218 K
    1.49%
    -
  • ZB
    RCN/QC 29 days ago
    $ 0.0312
    $ 13.285 K
    -
    -
  • ZB
    RCN/BTC 29 days ago
    $ 0.0313
    $ 24.67
    -
    -
  • TokenJar
    RCN/WETH one month ago
    -
    -
    -
    -
  • XT
    RCN/SXC one month ago
    $ 0.0294
    $ 42.281 K
    -10.87%
    -17.91%
  • C2CX
    RCN/DRG 2 months ago
    $ 0.0287
    $ 893.39
    -13.28%
    29.15%
  • ZB
    RCN/QC 2 months ago
    $ 0.0260
    $ 24.718 K
    11.26%
    -35.73%
  • DragonEx
    RCN/ETH 2 months ago
    $ 0.0318
    -
    -
    -
  • Radar Relay
    RCN/WETH 2 months ago
    $ 0.0350
    -
    -
    -
  • Gate.io
    RCN/USDT 3 months ago
    $ 0.0297
    $ 2.981 K
    -
    -
  • Gate.io
    RCN/ETH 3 months ago
    $ 0.0307
    $ 133.50
    -
    -
  • FCoin
    RCN/ETH 3 months ago
    -
    -
    -
    -
  • FCoin
    RCN/USDT 3 months ago
    -
    -
    -
    -
  • ZB
    RCN/QC 3 months ago
    $ 0.0230
    $ 2.18 K
    -7.12%
    -12.66%
  • ForkDelta
    RCN/ETH 4 months ago
    $ 0.0134
    $ 0.0008
    -
    -
  • OKEx
    RCN/USDT 4 months ago
    $ 0.0122
    $ 9.28
    -
    -
  • OKEx
    RCN/ETH 4 months ago
    $ 0.0233
    -
    -
    -
  • OKEx
    RCN/BTC 4 months ago
    $ 0.0122
    $ 1.20
    -
    -
  • CHAOEX
    RCN/USDT 4 months ago
    $ 0.0113
    $ 157.80
    -
    -
  • CoinBene
    RCN/MOBI 5 months ago
    $ 0.6978
    -
    -
    -
  • Everbloom
    RCN/ETH 7 months ago
    $ 0.0192
    -
    -
    -
  • YoBit
    RCN/DOGE
    -
    -
    -
    -
  • AirSwap
    RCN/ETH
    -
    -
    -
    -
  • YoBit
    RCN/USD
    -
    -
    -
    -
  • Bitfinex
    RCN/USD
    -
    -
    -
    -
  • Bitfinex
    RCN/BTC
    -
    -
    -
    -
  • Bitfinex
    RCN/ETH
    -
    -
    -
    -
  • YoBit
    RCN/RUR
    -
    -
    -
    -
  • YoBit
    RCN/ETH
    -
    -
    -
    -
  • YoBit
    RCN/WAVES
    -
    -
    -
    -
  • YoBit
    RCN/BTC
    -
    -
    -
    -
Oct 17, 2017
Nov 5, 2017
100% completed
$37 000 000
cap
goal
52% cap completed
Goal 36 000 000.00 USD
Cap 70 600 000.00 USD
past
  • 1 RCN
    =
    0.0706 USD
Token Details
Ticker
RCN
Company Details
Registered Country
Cayman Islands
Additional Details
Categories
Platform

About Ripio Credit Network

Ripio Credit Network (“RCN​”) is a protocol based on smart contracts and blockchain technology, which brings enhanced transparency and reliability in credit and lending. The protocol enables connections between lenders and borrowers located anywhere in the world, regardless of currency. By reducing the traditional banking brokerage costs and management fees, RCN aims to allow better conditions for both sides, creating a better credit alternative than anything available today. By including an intermediary agent (the “Cosigner​”), the RCN seeks to neutralize the lender’s credit risk and, in case of a default, provide an alternative mechanism for managing the debt collection in the borrower’s country of residence.

Ripio Credit Network Roadmap

  • May 2016

  • Ripio Credit launch at TechCrunch Disrupt
  • June 2016

  • First Ripio Credit payment on the private network
  • January 2017

  • RCN concept, design and research
  • September 2017

  • Website launch + Whitepaper release
  • Read More
  • October 2017

  • RCN Token sale + network release
  • December 2017

  • Advanced smart contracts + network agents + SDK implementation
  • April 2018

  • RCN goes live!

Activity

Members:
2 875
MEDIUM
30 Days Growth:
-97
Year commits:
0
Watchers:
12
Stars:
20
Forks:
5
Open issues:
0

Ripio Credit Network Team

Verified 0%

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

Sebastian Serrano
CEO & Cofounder
unverified
David Garcia
SVP & Board member
unverified
Eugenio Cocimano
Data Scientist
unverified
Juan Mendez
Head of Growth
unverified
Antonio Ceraso
CTO & Lead blockchain developer
unverified
Facundo Rodriguez
Blockchain developer
unverified
Pablo Lefort
Full Stack developer
unverified
Agustin Aguilar
Smart Contract developers
unverified
Luciana Gruszeczka
Compliance Officer
unverified
Andres Fleischer
Head of Operations & Admin
unverified
Melody Bohn
Controller
unverified
Bruno Acorsi
Head of Support & CX
unverified
Tim Draper
Investor
unverified

Advisors

Verified 0%

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

Sergio Demian Lerner
Advisor
unverified
Juan Llanos
Advisor
unverified
Jeff Stewart
Advisor
unverified
$ 0.0190
-7.64%
Coin Stats
Daily, %:
-7.64%
Weekly, %:
-27.88%
Monthly, %:
-39.78%
Market Info
Market Cap:
$ 9.548 M
Volume 24h:
$ 363.08 K
Circ. Supply:
500.611 M RCN
Ticker:
RCN
ICO profit
X 0.2693
ICO Price~$0.0706

Ripio Credit Network Reviews

crushcrypto.com
review

Opportunities:
Ripio has received VC funding from 2013 to as recently as April 2017, which could be an indicator that the companies is growing. VCs rarely fund a declining company.
Ripio’s investors include well-known blockchain VCs such as Tim Draper, DCG, Pantera Capital, Fenbushi Capital, Medici Ventures, Funders Club, Boost VC, and Huiyin Blockchain Ventures. This means that the company has passed the scrutiny of these institutional investors.
Ripio was a finalist of TechCrunch Disrupt Battlefield New York 2016, demonstrating that the team is solid.
Detailed and well-thought-out white paper, showing that the team has a good plan as to execution.
Ripio has a realistic game plan. It is focusing first on Argentina, then Latin America, then eventually abroad. We believe that this realistic approach is much better than ICOs that promote they will disrupt trillion dollar industries and expanding into geographic areas that they are not familiar with.
Peer to peer lending utilizing blockchain technology has a lot of opportunities in Latin America because of the (1) large portion of unbanked people and (2) popularity of cryptocurrency in Latin America due to the high inflation rate.
It is easy for borrowers to use the Ripio Credit Network because the borrowers receive local currency and don’t need to deal with any cryptocurrency – RCN tokens work under the hood. This helps drive adoption of Ripio.
They have a no-discount policy, even for presale participants and VC investors, allowing a fair playing field for all participants.

Concerns:
The project requires a few different parties, including co-signers and wallet providers, to work. Ripio may not be able to find enough agents in time to scale the project.
Many banks do not like cryptocurrency and refuse to deal with it. If cosigners cannot find a way to convert their RCN tokens back to fiat, the business model will break down

Conclusion:
Overall, we like this ICO both for its short-term potential and long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For ​short-term holding:
Good. It looks like the presale is sold out, even without a discount, which leaves only 8.5% (or 21,250 Ether) for the public crowdsale. There is a maximum contribution of 20 Ether in the public crowdsale, which should leave plenty of unmet demand.
For long-term holding:
Good. The business plan is well thought out and the team is veteran in the blockchain space since 2013. We like the way Ripio Credit Network is structured so that borrowers don’t need to deal with cryptocurrency, which makes it much easier to drive adoption

Read More
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