 | AssetStream (AST)ICO  The Global Decentralized Peer To Peer Microfinance Platform, Replacing Intermediaries With Blockchain Technology. The AssetStream initiative was established to create a sustainable microfinance platform to enable growth and advocate poverty reduction of the unbanked population while providing an alternative, high-yield, peer-to-peer microfinance platform for everyone. Warning! The website is down. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is AssetStream
MISSIONAssetStream aims to reduce poverty and bring financial inclusion by providing unbanked people with access to financial services. AssetStream will expand to a full P2P network which will include the local communities that can take personal loans. AssetStream aims to create an extensive micro-financing ecosystem that will be able to bring financially excluded people to the new global economythrough blockchain.
AssetStream is a team of experts that have vast experience within the emerging market. By leveraging on the blockchain, AssetStream aims to reduce poverty and bring financial inclusion by providing unbanked people with accessto financialservices. We will expand it to a full P2P network which will include the local communities that can take personal loans.
AssetStream aims to create an extensive micro-financing ecosystem and will raise financial awareness among our clients through consulting services and educational materials. We will be able to bring financially excluded people to the new global economythrough blockchain.
AssetStream’s platform will be able to include the following benefits:
1. Credit Rating and Badge System – A badge system will be provided to represent borrower behaviour. This will reflect the credit rating system of the borrowers. For example, if a user hasseveral good behaviour badges, such as“paying the loan on time”, compared to a user who has a bad behaviour badge such as “defaulting on loans”, the lenders’ sentiment might lean towards lending borrowers with good behaviour badges.
2. Immutable credit data – Borrowers will not be able to reverse or erase their credit history.
3. Transparency – AssetStream’s smart contract operates in real time and expected obligations are transparent to all involved parties.
4. Two optionsfor Lenders are provided in the platform:
- Handpicking – The lenders have a choice to decide which borrowers get the loan based on the borrowers’ criteria.
- Automatic matching – The lenders will trigger a matching system when they fill up the desired criteria they want for the loan and AssetStream platform will match the criteria to the specific borrower.
5. Lower transaction costs – AssetStream’s platform will be using the existing infrastructure and will bring out convenience for borrowers living in the rural areas. This will lower overhead and transaction costs.
By using blockchain technology for microfinancing, AssetStream will create a layer of trust and security between borrowers and lenders. It is a new paradigm of the finance business to connect with the individual lender while enabling a new source of finances for small enterprisesto fuel the global economic growth anywhere, anytime.
DetailsPre-sales: May 27, 2019 - May 31, 2019Public sales: Jun 01, 2019 - Jul 31, 2019 Token supply: 3,300,000,000 AST Total tokens for sale: 2,100,000,000 AST Soft cap: 1,440,000 USD Hard cap: 21,000,000 USD LegalBlockchain Platform: StellarCountry limitations: USA, CHINA Registration country: Estonia Registration year: 2017 Office address: Pärnu mnt 158/2, Kesklinna linnaosa, Tallinn, Harju maakond, 11317 | Token infoTicker: ASTType: Cryptocurrency Token price in USD: 1 AST = 0.01 USD Accepted currencies: BTC, BCH, ETH Token distribution: ICO - 64% Management and Advisory - 15% Marketing and PR - 8% Business Development - 5% Product Development - 4% Legal - 3% Bounty - 1% |
AssetStream Roadmap
Four co-founders founded the AssetStream project as a great potential solution for the low-income communities in developing countries who are struggling with the loan shark problem.
After fundamental researches a proof of concept had been created.
The proof of concept reached legal and technical viability
During this period the AssetStream project evolved from a potential side project to a fullyself-funded project, geared towards launching in 2019.
The recruitment team recruits professionals and specialists from Belgium, South Korea, Thailand, Singapore, Philippines and many more locations around the world
Start development process of the AssetStream platform prototype.
Selected Thailand as flagship region due to compliance of law, norm, customer behavior, marketsize.
Reached the demonstration version of platform infused with blockchain technology.
Approached potential partners with demonstration version of the platform.
Reached an agreement with the first strategic partners, Thailand PICO Finance Association (Consists out of about 500 moneylending companies)
Approached the public as the AssetStream Platform aiming towards offering an alternative finance solution to customers in developing countries.
Attended Hong Kong Fintech week 2018.
Attended as one of the premium exhibitors at Consensus 2018 Singapore.
Attended as one of the speakers during ‘Blockchain Innovation Tour’ promoting the AssetStream platform in Malaysia, the Philippines, Vietnam, Thailand,Singapore.
AssetStream Platform, with its strategic partners (Finanigo, Pico Finance Association Thailand), held the press conference event in Target market.
Determined the Launching date of the AssetStream Platform and ‘AssetStream Token (AST)’ Token distribution.
Started online advertising and public relation campaigns.
Launch AssetStream social channels including Youtube, Facebook Fanpage, Twitter, Instagram, Telegram Group, WeChat, Line Official.
Started development of AssetStream platform mobile version.
Contributing Money/Blockchain expos around the world to meet the potential investors and platform usersin person.
May– ‘AssetStream Token (AST)’ Token Distribution takes place.
June – The AssetStream Platform isfully operational.
July – AssetStream’s first monthly pay out to Lender.
AssetStream project moving toward Thailand market needs.
Listing ‘AssetStream Token(AST)’ on external 3 rd party Exchange.
Contribute Money/Blockchain expos around the globe to meet the potential investors and platform usersin person.
Announce the 2nd and 3rd target market (Potentially Vietnam, Philippines) with its strategic partners.
AssetStream Platform with its strategic partners hold a press conference event in both target market.
Contribute Money/Blockchain expos around the globe to meet the potential investors and platform usersin person.
October – New volume of ‘AssetStream Token (AST)’ Token Distribution takes place*
November– Platform functions for 2nd and 3rd target are fully operational.
December– 2nd and 3rd target market first monthly pay out to itslenders.
Contribute Money/Blockchain expos around the globe to meet the potential investors and platform usersin person.
AssetStream Platform beta test the features of peer to peer lending and start launching from the bestsituation of the target market.
AssetStream becomes a fully functioning versatile global lending platform, alongside with the regionalstrategic partners.
Launching of AssetStream platform on mobile to the available market.
Together with its local strategic partners, AssetStream expands its territory ofservices.
The AssetStream platform can expand itself entering creditscoring, banking business based on user data of the platform.
Pursue the social mission, a social enterprise, to apply basic financial education to developing countries to help prevent people from making financial mistakes and reduce reliability on loan sharks which improves the overall living quality.
Project team
Advisors
Social media
MVP
2 Responses
I’m impressed with this.
At least we are sure that poverty will reduce with the help of assetstream at the particular region they are targeting.