 | NELICO New Economy Ledger is a community-based ecosystem of investors supporting microfinance institutions through blockchain technology. 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 NEL
NEL, which stands for New Economy Ledger, will be a microfinance lending platform aimed at developing countries, based on the NEM blockchain technology. Investors can lend risk-free to microfinance organizations with high returns. They have access to dynamic data about institutions, their projects and their performance. Interest are paid daily in NEL. Microfinance institutions can participate to NEL ecosystem. Once fully integrated within NEL, MFI can obtain financing through the platform and get loans at fair conditions. NEL mobile wallet is an easy way to start using NEL. The wallet supports both NEL and XEM, allowing users to switch between the two different currencies effortlessly.
DetailsSoft cap: 1,500,000USD (fiat)Hard cap: 15,000,000 USD(fiat) | Token infoTicker: NELAccepted currencies: BTC LTC ETH Token distribution: 70% - Crowdsale 5% - Private Sale 12% - Team 7% - Treasury 6% - Partners Funds allocation: 32% - Research & Development 14% - Marketing 8% - Legal & Regulation 7% - NEL USD Collateral Reserve 5% - Lending pool insurance |
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