 | RAD Lending (RAD) |
RAD is a peer-to-peer lending platform leveraging crypto-secured lending on a blockchain.
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What is RAD Lending
RAD Lending is a P2P platform for crypt?-secured lending. When lenders lend money to a borrower, they usually want to see a collateral to secure the repayment of the loan. RAD Lending propose a concept of crypt?-secured lending when the loan is secured by borrowers crypt? holdings. RAD Lending plans 2-step-process for the collateral management system. On the first step, RAD Lending implements a centralized collateral management service to perform business model validation and business development. On the second stage, RAD Lending plans to develop a decentralized bl?ckchain-agnostic escrow service that will allow to manage collaterals in a decentralized way across various bl?ckchains.
RAD Lending Roadmap
Pre ICO.
P2P platform MVP launch.
iOS, Android wallet app MVP launch.
RAD credit products MVP launch.
ICO.
Timeline depending on the offering regulatory qualification timeframe.
Marketing push, grow client pool and inv?stors network, accumulate loan volume.
Expand card issuer partnerships and work on regulatory compliance in core markets.
Adding support for new crypt?currencies (top 5 based on client interest).
Expand functionality of the RAD credit products and wallet app.
Expand features of the P2P platform.
Expand product lines (i.e. adding small-business loans).
Increase spending on marketing, sales and customer acquisition efforts.
Expand loan matchmaking and curr?ncy exchange functionality of P2P platform.
Expand credit card issuer partnerships.
Expand geography for products, obtain necessary licenses or partnerships on new markets.
Token Sale Dates
Presale Period
Funding Details
Token distribution
30% - for the public
32% - for the founding team, early investors, and technology platform partners
30% - reserve tokens for future funding rounds
5% — for advisors; locked for one year by the smart contract
3% - reserved for the future hires pool to attract the best talent
Token Price and Payment Options
Project team
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