 | HOLDICO HOLD is a peer-to-peer lending platform that provides cash advances against cryptocurrency collateral. 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 HOLD
HOLD offers a peer-to-peer powered lending and borrowing platform, in which members will be able to leverage cryptocurrencies and obtain cash advances directly onto a prepaid payment card.
Cash advances are short term loans given against cryptocurrency collateral, accessible only through the HOLD prepaid card. The duration of those cash advances range from 1 to 3 months at a pro-rated, pre-paid interest rate of up to 8%, payable by the borrower. Collateral can be provided in Bitcoin, Ethereum and Litecoin and cash advances may be settled at any time.
A key feature of the HOLD Card is that cryptocurrencies do not back the cash advances provided by lenders. Even when cash advances are provided in cryptocurrencies by the lenders, these are converted to fiat currency before funding the HOLD Card. HOLD is therefore providing a cryptocurrency-free payment solution.
HOLD offers cashback program - an incentive program for using the HOLD card, that rewards borrowers on qualifying card purchases with a 1% cashback. All bonuses are provided in HOLD tokens credited into the users mobile wallet. HOLD tokens can be withdrawn, converted into cash advances or used in settlements.
DetailsToken supply: 1,040,000,000Soft cap: 3,500,000USD (fiat) Hard cap: 11,300,000 USD(fiat) Raised: 11,300,000 USD LegalBlockchain Platform: EthereumCountry limitations: Algeria, Bangladesh, Bolivia, China, Ecuador, Ethiopia, Hong Kong, Indonesia, Iran, Iraq, Jordan, Kyrgyzstan, Morocco, Nepal, Serbia, Sri Lanka, Syria, Taiwan, Trinidad and Tobago, Tunisia, United States, Vanuatu, Yemen, Registration country: Malta | Token infoTicker: HOLDType: Utility-token Token standard: ERC20 Token price in USD: 1 HOLD = 0.0230 USD USD Accepted currencies: ETH Token distribution: 80% - Token Sale 10% - Company Reserve 5% - Marketing 5% - Advisors Funds allocation: 40% - Engineering and Development 25% - Marketing 15% - Strategic Partnerships 10% - Legal 5% - Operations 5% - Misc |
HOLD Roadmap
Website and Whitepaper Live. Whitelist Available.
Token sale scheduled.
Internal Platform Tests. Product Showcase.
Mobile Apps Available. Product Showcase.
Beta Platform Launch. Physical Cards Available.
Public Platform Launch.
Project team
Advisors
Social media
