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Cereal

ICO

Cereal is a blockchain ecosystem for asset-based loans. Also Cereal is developing a suite of products catering for the individual needs of various market participants.

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Overview

Project industryCrowdfunding & Lending
Product typeEcosystem
WhitepaperCereal White Paper Open

What is Cereal

Cereal is a platform offering credit products that are secured by customers’ mining equipment, cryptocurrencies and other blockchain assets. Thanks to Cereal there’s no need for borrowers to sell their valuable blockchain assets in order to access fiat money. Instead they can secure their cryptoassets as collateral, in order to receive cash for the purpose of covering their business and living expenses. Cereal will store its customers’ collateral in cold wallets, thus ensuring a high level of security and preventing bad actors from gaining access to the borrower’s assets. Cereal has automated solutions for calculating the maximum loan that customers are eligible for, and doesn’t need to check client’s credit scores. This makes Cereal convenient and hassle-free for borrowers. Cereal Token (CRL) facilitates the ecosystem growth and benefits token owners in comparison to other users.

Details

Pre-sales: Aug 06, 2018 - Sep 06, 2018
Soft cap: 2,000,000USD (fiat)
Hard cap: 9,500,000 USD(fiat)

Legal

Country limitations: Cuba,Iran,United States,South Korea,North Korea

Token info

Ticker: CRL
Type: Utility-token
Token price in USD: 1 CRL = 0.045956 USD
Accepted currencies: BTC ETH BCH LTC DASH ZEC USD
Bonus program:
Presale:
From 10 ETH to 50 ETH an equivalent of CRL tokens – 20% bonus
50+ ETH to 200 ETH an equivalent of CRL tokens – 25% bonus
Main Sale:
Week 1 – 10% bonus
Week 2 – 7.5% bonus
Week 3 – 5% bonus
Week 4 – 2.5% bonus
Token distribution:
40% - Token Sale
10% - Team
5% - Advisors
42% - Reserve
3% - Bounty:
Funds allocation:
30% - Sales and Marketing
30% - Technologies and Platform
30% - Loans
5% - Reserve
5% - Legal

Social media

Cereal web-siteCereal MediumCerealYouTubeCereal TelegramCereal BTCTalkCereal LinkedInCereal X (Twitter)Cereal Facebook

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