CREDITS平台是一个分散的财务系统 与会者之间的直接互动（P2P） 原则。该平台扩大了使用金融的潜力 基于分布式账本的服务，自动智能化 合同和CREDITS加密货币。该系统旨在团结一致 所有参与者在一个网站上，为他们提供一个平台 创造和使用金融服务，每个人都可以 提供服务并使用它。由于一个welldefined和平衡 技术系统，CREDITS平台提供了一个新的技术 解决方案和网络参与者的新概念模型“ 互动为现代分散金融的发展 服务。
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CREDITS is a decentralized financial system platform for direct interaction between participants on a peer to peer (P2P) basis. It allows for the delivery of financial services via a distributed ledger, self-executing smart contract and credit crypto currency.
There are already several successful platforms with large customer base, such as Ethereum, Lisk, Waves, and Stratis; that is why it might be hard for CREDITS to expand its network and attract new customers due to network effect.
Though some functionality can be already tested, the product is still at a very early stage and the release is only planned for June 2018 and this date is subject to change. The roadmap is only given for 1H 2018 and is split by the product development stages. It gives only the highlights of development. In general, the roadmap could be more detailed.
CREDIT does not explain how the exact fee level will be calculated. Therefore, the commercial viability of the platform is not clear. Mining of new tokens will not be available on the platform. That is why, it might be hard to attract new users on the platform.
The Hard Cap of CREDITS is $20M, the Soft Cap is $15M. The Minimum Cap of $1.5M has already been reached. The Soft Cap is well above the median size of the investment round of companies at the same stage. (US software startups, seed stage, Pitchbook). As CREDITS will sell 60% of tokens during pre-ICO and ICO, the company valuation will be around $25M in Soft Cap scenario and $33M in Hard Cap scenario. These figures are 3X and 4X times higher than the median US software seed stage post-money valuations respectively. CREDITS will reserve 15% of tokens for the core team. The team bonus then will be around $3.75M and $5M in Soft Cap and Hard Cap scenarios respectively. Now, the team bonus is not bundled to any KPI and does not have vesting scheme. CREDITS does not provide any financial forecasts or assumptions for their growth. The given expenditures’ structure is too broad and is not detailed.
The CEO of CREDITS – Igor Chugunov – has previous executive experience. However, this experience was in the area of marketing and advertising, not in tech. He previously worked at IT-finance company but again focused on marketing. Business Development & Marketing specialists of CREDITS do not have enough relevant experience prior to joining the company. What is more, the whole team is spread around the globe according to Linkedin. That is why robust development of the project might be at risk.
PositivesPrototype Available: Unlike its competitors, Credits has an open beta version of its project. This allows users to test its network while appreciating its proof of concept.Micropayment Friendly: Due to its fast transaction processing speed and high amount of transactions made per minute, you can create micropayments due to the low fees and network speed.100% New: Credits is run on a completely new platform and doesn’t have any forks like Bitcoin. Nor does it have any projects existing on its network like Ethereum.NegativesCompetition: Credits is in direct competition with Bitcoin, Ripple, and Ethereum. This means that it could take some time for users to get interested in its network.
This is not the first project on the market that involves the use of peer-to-peer principle for the provision of financial services on a decentralized basis. The main risks in the case of decentralized provision of financial services are in full insecurity of the party of the transaction for example in the case of non-repayment of the loan. At the moment, there are no business planning and program of promotion of the service in the project description. Perhaps closer to the ICO date the authors of the project will expand and supplement the description of their project in the part that is most likely to attract the potential investor. At the moment, the project seems to be not too promising in terms of safe and prospective investment.