 | GetLine (GET) |
GetLine offers credit scoring, crowdsourced loans & investing opportunities for people around the world.
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What is GetLine
Getline is building a network of Attesters of Risk Assessment (ARA), who will be able to give accurate risk analysis for the chances of borrower defaulting on a loan
Users may build a credit score, using Getlines GET tokens as collateral. Investors can choose from loan requests on the Getline platform, view the profiles associated with them, and bid for the lowest interest rate.
Getline uses Ethereum Smart Contracts to handle the loan process. At this time, all loans must be paid back in a single repayment during the payback period.
As a user of Getline repays his loans, and gains back his collecteral, he will be building a better credit score that can be seen and recognized on the blockchain and off the blockchain.
Token Allocation
Funding Details
Token distribution
50% - Crowdsale Participants
20% - GetLine Company
10% - Employee Token Ownership Plan, to be split among current and future team members
10% - Early GetLine investors who funded early development
6% - Early contributors and advisers of the project
4% - Kacper Wikieł, CEO and founder of GetLine.in and of the GetLine Network
Funds allocation
40% - Expenses of further software development
18% - Marketing and business development
17% - Legal expenses
12% - Operational expenses, such as office space, travels, support, recruiting, managing the company, establishing subsidiaries in other countries, etc.
10% - Community grants, partnerships, and bounties
3% - Unexpected expenses
Token Price and Payment Options
Project team
Advisors
Social media
Twitter
Reddit
Medium
FacebookIndustries
