Welltrado

Welltrado

Created using Figma
Created using Figma
4500+ P2P Lending Platforms. 10M+ Loans. Artficial intelligence. Big data. One Welltrado. Powered by Blockchain Invest your crypto, get up to 35% returns.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Exrates
    WTL/BTC one day ago
    $ 0.0848
    $ 0.5938
    -
    -
  • Exrates
    WTL/ETH one day ago
    $ 0.0328
    $ 99.20
    -
    -
  • Exrates
    WTL/USD one day ago
    $ 0.0608
    $ 2.485 K
    -
    -
  • YoBit
    WTL/BTC 3 days ago
    $ 0.0631
    $ 27.07
    104.11%
    106.98%
  • YoBit
    WTL/DOGE
    -
    -
    -
    -
  • YoBit
    WTL/RUR
    -
    -
    -
    -
  • YoBit
    WTL/WAVES
    -
    -
    -
    -
  • YoBit
    WTL/USD
    -
    -
    -
    -
  • YoBit
    WTL/ETH
    -
    -
    -
    -
Jun 4, 2018
Jun 25, 2018
100% completed
$517 909
0% goal completed
Goal 65 000 000 USD
past
  • 1 WTL
    =
    0.00083 EHH
Token Details
Ticker
WTL
Accepted Currencies
ETH
Company Details
Registered Country
Lithuania
Additional Details
Platform
Etherium
KYC
Yes
Categories
Platform, Big Data, Artificial Intelligence

About Welltrado

Welltrado is an already operating scalable blockchain
based platform that seeks to enable investors to buy
and sell loans from thousands of diferent loan
providers globally, invest into peer-to-peer lending
funds (P2P) and manage investment portfolios.

There are three major problems:

Difficulties in diversifying and managing investments;

Issues with transparency and reputation; Problems with the mobility of cryptocurrency and assets across borders.

  We propose three solutions to them:

Cross-platform loan aggregator with ratings and blockchain;

Welltrado P2P fund for global and cross-border investors;

Portfolio management of loans across platforms in a single dashboard.

Features

BENEFITS FOR INVESTORS:

Up to 10X higher returns
We provide the ability to invest even in platforms where it has not been possible for more than 10 years. We believe that returns should not vary based on where you live – everyone should have access to high-interest rates.

Up to 7X faster
On average, traditional investors open accounts on 7 different P2P Lending Platforms. It might take days or even weeks to pass a verification process, get used to the new interface, and even longer to manage and track investments. Welltrado makes this process much faster. Create an account at Welltrado, get verified, and all platforms and their loans can be reached with a single click.

More than 10M loans in a single dashboard
No one can stop your lending, not even politics, economic policies or banks. No middleman, just you and the loans. Lower your risk by choosing from thousands of P2P lending platforms and millions of loans.

BENEFITS FOR LENDING PLATFORMS

Up to 20% more investments
Welltrado works exclusively with retail and institutional investors only. Internet Lending Platforms have a great chance to get additional investments to their loans while working with Welltrado in a 100% automated and optimized way.

100+ different deposit options
Currently, 95% of Lending Platforms have very few deposit options. In most cases, there is a single PSP integration, or perhaps none at all. Welltrado will provide Lending Platforms with „Payment aggregator module“ which will enable investors to deposit money from any bank or e-wallet (including Paypal, Skrill, Neteller, Credit Cards, Mobile payments + 100 other different methods).

10x faster administration process for investors
Many big Lending Platforms prefer to work with a few big investors rather than many single individuals because of the cost of administration and verification time. After the ICO Welltrado will seek to become an Asset Management company, making us the preferred source of investments for Lending Platforms. Welltrado will take care of the KYC of investors.

15% less defaulted loans
Welltrado‘s goal is to aggregate loans from Lending Platforms. With millions of loans gathered, and with the help of big data and machine learning, we will be able to notice particular patterns of loans and borrowers. Therefore, we will be able to assess the risk not just on a local, but on a continental level. This means that Lending Platforms will get the additional know-how to their own risk-assessment process and will be able to improve the “Risk score” of the loans, making investments on their platform more attractive.

Technical Info

Welltrado will seek funding through an ICO (Initial Coin Ofering) in March 2018.
The Welltrado token sold during the token launch is known as the Welltrado token,
or WTL. This is the only time that these tokens can be created, and therefore the
total supply of WTL is fixed.
Fees
Fees, similar to those of a P2P lending market, will be charged to participants on the Welltrado
services and applications layers (but as a reminder, not the basic core layer). These fees will
initially be denominated in cryptocurrency, namely ETH.
WAT tokens
Welltrado seeks to not only create interesting software, but also a community of those interested
in sharing their lending wisdom about Welltrado markets. To do this, we have created a model that
lowers the barrier to entry for repeat users (e.g., having to pay ETH repeatedly). Therefore, in
addition to paying this fee in ETH, Welltrado ecosystem participants will be able to pay the fee in
Welltrado Access Tokens, or WAT tokens.
Welltrado Access Token (WAT) can be used to pay platform fees on the services layer or for
buying/selling in Welltrado loans market or paying fees for funds management.
WAT will be pegged to $1 worth of fees. This way, WAT acts as a coupon for $1 of use within
Welltrado.
Smart contract
Welltrado tokens (WTL) are the generator for access token (WAT) creation. WAT can only be
created via activating the utility of the Welltrado (WTL) tokens. This is done via a smart contract
system.
The smart contract works as follows: WTL holders agree to “lock” their tokens in a smart contract
(min. 1 month). A multiplier is added for longer lock durations. The smart contract determines the
user selected lock duration and applies that duration to a formula that is designed to regulate the
supply of Welltrado tokens currently in use.

Prior to locking their WT in the smart contract, users will be able to see exactly how much WAT
they will receive as a result of executing the smart contract.
Once users execute the contract, 30% of their WAT will be distributed for immediate use, and the
remaining 70% will be distributed proportionally over the locked duration.
Once the lock duration expires, the locked WTL ceases to generate WAT, and the WTL becomes
freely transferable by the holder. There is no limit (other than duration) for how many times
Welltrado tokens may be used to create WAT
Sustainability
How can Welltrado remain viable if participants choose not to pay in WAT?
A core value proposition of Welltrado (and decentralization) is to guarantee future characteristics
of platforms to both retail and institutional investors, without relying on the trustworthiness of an
operating company. In order to do this, elements including fee rates must be codified into the
software itself. It is expected that WAT will be the overwhelmingly predominant method for
paying fees in the Welltrado ecosystem.

Welltrado Roadmap

  • MVP

  • Built a fully working MVP and integrated first 10 P2P lending platforms
  • Mar 2018

  • Distribution of Welltrado Platform Tokens
  • December, 2016

  • Built a fully working MVP and integrated first 10 P2P lending platforms.
  • MVP - more integrations

  • 30 P2P lending platforms integrated and 300 investors referred through Welltrado
  • Read More
  • May 2018

  • Application for fund management license in Europe
  • March, 2017

  • 30 P2P lending platforms integrated and 300 investors referred through Welltrado.
  • First investment

  • Welltrado raised first investment from StartupWiseGuys
  • Oct 2018

  • Receive the fund managing license
  • March, 2017

  • Welltrado raised first investment from StartupWiseGuys.
  • Gaining traction

  • 50000 unique visitors at Welltrado. P2P loan aggregation mechanism initiated
  • Dec 2018

  • Version 2.0 of Welltrado loan portfolio management platform for retail investors unveiled
  • September, 2017

  • 50000 unique visitors at Welltrado. P2P loan aggregation mechanism initiated.
  • ICO Prepared

  • 100 P2P lending platforms prepared for integration to Welltrado. Ready for token distribution
  • Jan 2019

  • Token distribution of the first fund: Low yield fixed fiat income
  • November, 2017

  • 100 P2P lending platforms prepared for integration to Welltrado. Ready for token distribution.
  • Legal structure for institutionals are setup

  • Legal structure developed for institutional investors to get access to P2P market through Welltrado
  • Feb 2019

  • Version 3.0 of Welltrado loan portfolio management platform for institutional investors unveiled
  • December, 2017

  • Legal structure developed for institutional investors to get access to P2P market through Welltrado.
  • TOKEN DISTRIBUTION

  • Distribution of Welltrado Platform Tokens
  • March, 2018

  • Distribution of Welltrado Platform Tokens.
  • Fund management license acquirement

  • Application for fund management license in Europe
  • May, 2018

  • Application for fund management license in Europe.
  • FML recieved

  • Receive the fund managing license
  • October, 2018

  • Receive the fund managing license.
  • Portfolio management platform for RETAIL UNVEILED

  • Version 2.0 of Welltrado loan portfolio management platform for retail investors unveiled
  • December, 2018

  • Version 2.0 of Welltrado loan portfolio management platform for retail investors unveiled.
  • First fund token distribution

  • Token distribution of the first fund: Low yield fixed fiat income
  • January, 2019

  • Token distribution of the first fund: Low yield fixed fiat income.
  • Portfolio management platform INSTITUTIONALS out.

  • Version 3.0 of Welltrado loan portfolio management platform for institutional investors unveiled
  • February, 2019

  • Version 3.0 of Welltrado loan portfolio management platform for institutional investors unveiled.

Activity

Activity:
245
HIGH
Posts:
875
HIGH
Views:
4 015
MEDIUM
Posts:
694
VERY HIGH
Followers:
1 506
LOW
Likes:
1 453
LOW
Rating:
3
MEDIUM
Followers:
2 416
MEDIUM
Tweets:
621
VERY HIGH
30 Days Growth:
-15
Members:
6 493
HIGH
Investors Detected:
17.54%
30 Days Growth:
-535
Alexa

Rank:
15 229 402
VERY LOW
Delta:
13 345 260

Team

Verified 0%

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

Business development manager
unverified

Last News

$ 0.0331
Coin Stats
Daily, %:
Weekly, %:
-10.69%
Monthly, %:
-54.15%
Market Info
Market Cap:
$ 1.229 M
Volume 24h:
Circ. Supply:
37.098 M WTL
Ticker:
WTL
3.58
stable
5.0 19
ICO Profile Vision Activity Potential Product Team
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO