 | RAD Lending (RAD)ICO  RAD is a peer-to-peer lending platform leveraging crypto-secured lending on a blockchain. 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 RAD Lending
RAD Lending is a P2P platform for crypt?-secured lending. When lenders lend money to a borrower, they usually want to see a collateral to secure the repayment of the loan. RAD Lending propose a concept of crypt?-secured lending when the loan is secured by borrowers crypt? holdings. RAD Lending plans 2-step-process for the collateral management system. On the first step, RAD Lending implements a centralized collateral management service to perform business model validation and business development. On the second stage, RAD Lending plans to develop a decentralized bl?ckchain-agnostic escrow service that will allow to manage collaterals in a decentralized way across various bl?ckchains.
DetailsPre-sales: May 15, 2018 - Aug 15, 2018Hard cap: 50,000,000 USD(fiat) LegalBlockchain Platform: EthereumRegistration country: United States Registration year: 2018 | Token infoTicker: RADType: Utility-token Token price in USD: 1 RAD = 4 USD Accepted currencies: ETH BTC USD Bonus program: Pre-ICO: Up to $1 million invested: 40% bonus – 1 RAD for $3 From $1 million to $5 million invested: 30% bonus – 1 RAD for $3.5 ICO: Up to $10 million invested (not including pre-ICO funds): 20% bonus – 1 RAD for $4 From $10 million to $25 million invested: 10% bonus – 1 RAD for $4.5 Token distribution: 30% - for the public 32% - for the founding team, early investors, and technology platform partners 30% - reserve tokens for future funding rounds 5% — for advisors; locked for one year by the smart contract 3% - reserved for the future hires pool to attract the best talent |
RAD Lending Roadmap
Pre ICO.
P2P platform MVP launch.
iOS, Android wallet app MVP launch.
RAD credit products MVP launch.
ICO.
Timeline depending on the offering regulatory qualification timeframe.
Marketing push, grow client pool and inv?stors network, accumulate loan volume.
Expand card issuer partnerships and work on regulatory compliance in core markets.
Adding support for new crypt?currencies (top 5 based on client interest).
Expand functionality of the RAD credit products and wallet app.
Expand features of the P2P platform.
Expand product lines (i.e. adding small-business loans).
Increase spending on marketing, sales and customer acquisition efforts.
Expand loan matchmaking and curr?ncy exchange functionality of P2P platform.
Expand credit card issuer partnerships.
Expand geography for products, obtain necessary licenses or partnerships on new markets.
Project team
Social media
