FIC Network logo
Website

FIC Network (eFIC)

ICO

Fixed income infrastructure for blockchain assets.

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Overview

Project industryFinance Services & Banking
FoundedUnited States
WhitepaperFIC Network White Paper Open
OnepagerFIC Network Onepager Open

Technical details

FIC Network is a blockchain-based, end-to-end, decentralised fixed income assets network that will enable the listing, exchange, securitization, and redemption of fixed income financial instruments. FIC Network is an asset-agnostic, multi-currency distributed ledger with rules and applications specific to the fixed income industry. The technology is scalable to the global fixed income and debt markets, which exceed US$230 trillion.

What is FIC Network

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.

Details

Pre-sales: Jan 18, 2018 - May 15, 2018
Public sales: Jun 15, 2018 - Jul 15, 2018
Token supply: 297333333
Soft cap: 4,000,000 USD
Hard cap: 16,000,000 USD
Raised: 4,800,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: United States

Bounty

Bounty: 1%
Translation: 20%
Social media: 50%
Bitcoin talk signature campaign: 30 %

Token info

Ticker: eFIC
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.100000 USD
Accepted currencies: BTC, ETH
Bonus program:
During the Pre-ICO Phase 1 Sale Period, FIC Tokens will be sold at a 60% discount until $2 million is raised.
During the Pre-ICO Phase 2 Sale Period, FIC Tokens will be sold at a 50% discount until $3 million is raised.
Day 1 of the public ICO the discount will be 40%. Each day the discount will go down by 2% down to a minimum of 0%. In the last 10 days of the ICO there will be no more discount.
Token distribution:
Total supply - 594,666,667
50% - ICO
30% Reserves (locked)
20% - Team (locked)
Funds allocation:
39% - People & Operations
35% - Development
13% - Marketing and business dev
7% - Legal
6% - Services ant other

FIC Network Roadmap

1
Quarter 4, 2017

Pre-token eFIC on Ethereum network

2
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

3
Quarter 2, 2018

Launch of FIC Network for loan trading

4
2019

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

5
2020

Listing and trading of other financial instruments

Project team

Arturs Ivanovs
Arturs Ivanovs
Founder & CEO
Arturs Ivanovs linkedin
Alvar Soosaar
Alvar Soosaar
Co-Founder and COO
Alvar Soosaar linkedin
Aigars Staks
Aigars Staks
Co-founder & Senior Fic Network Architecture Advisor
Aigars Staks linkedin
Kalvis Kalnins
Kalvis Kalnins
Co-founder, Software Developer
Kalvis Kalnins linkedin
Anatoly Ressin
Anatoly Ressin
Temporary Head of Technology
Anatoly Ressin linkedin
Agnese Kerubina
Agnese Kerubina
Chief Scientist & Product Support Manager
Agnese Kerubina linkedin
Peteris Ratnieks
Peteris Ratnieks
Backend & Blockchain Developer
Aleksandrs Borovenskis
Aleksandrs Borovenskis
Head of Communications
Aleksandrs Borovenskis linkedin
Valters Grisans
Valters Grisans
Lead Designer
Valters Grisans linkedin

Advisors

Jed McCaleb
Jed McCaleb
Jed McCaleb linkedin
George Popescu
George Popescu
George Popescu linkedin
Joseph Guagliardo
Joseph Guagliardo
Joseph Guagliardo linkedin
Matiss Ansviesulis
Matiss Ansviesulis
Matiss Ansviesulis linkedin
Angel Colon
Angel Colon
Angel Colon linkedin
Ismail Malik
Ismail Malik
Advisor
Ismail Malik linkedin
Jon Chou
Jon Chou
Advisor
Jon Chou linkedin
Marcus Spillane
Marcus Spillane
Advisor
Marcus Spillane linkedin
Anthony Georgiades
Anthony Georgiades
Advisor
Anthony Georgiades linkedin
Joon Pak
Joon Pak
Advisor
Joon Pak linkedin

Social media

FIC Network web-siteFIC Network RedditFIC Network MediumFIC NetworkYouTubeFIC Network TelegramFIC Network BTCTalkFIC Network TwitterFIC Network Facebook

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