FIC Network (eFIC)ICO Fixed income infrastructure for blockchain assets. 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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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.
DetailsPre-sales: Jan 18, 2018 - May 15, 2018Public 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 LegalBlockchain Platform: EthereumRegistration country: United States BountyBounty: 1%Translation: 20% Social media: 50% Bitcoin talk signature campaign: 30 % | Token infoTicker: eFICType: 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
Pre-token eFIC on Ethereum network
Setting up a legal framework for the operation of FIC network
Tests with Network Participants on Testnet
Enabling the exchange of eFIC to FIC
Launch of FIC Network for loan trading
Cryptocurrency implementation
Implementing the ability to trade single ECF separately
Listing and trading of corporate bonds
Listing and trading of other financial instruments