SOFIN (SOFIN)ICO International fiat platform for P2P loans based on 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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Technical details
The system uses the Ethereum ERC 20 platform.
What is SOFIN
Legal purity
Loans in fiat currency are strictly in the legal field of each country where the project works.
Global
The token will remove international barriers to currency conversion.
Technology
The project makes the financial resources more accessible and transparent. All platform operations are stored in blockchain.
DetailsPre-sales: Nov 05, 2017 - Dec 28, 2017Public sales: Mar 15, 2018 - Jul 15, 2018 Pre-sale token supply: 10000000 Token supply: 450000000 Soft cap: 1,000,000USD Hard cap: 9,500,000USD Raised: 202,179 USD | Token infoTicker: SOFINType: Utility-token Token standard: ERC-20 Token price in USD: 1 Token = 0.4 USD Accepted currencies: USD Token distribution: 81 000 000 tokens (90% of all tokens) - preTGE/TGE phases 4 500 000 tokens (5% of all tokens) - team, escrow, advisors, key employees (without no right of sale in the next 1 year) 4 500 000 (5% of all tokens) - company’s corporate account to operate the system at the initial stage. Funds allocation: 40% - platform development 30% -establishment of the Guarantee Fund and initial loans 20% - promotion and advertisement 5% - the founders 5% - legal support and LCF |
SOFIN Roadmap
Creation of the structure that allows entrepreneurs to obtain the necessary funding through the fund's surety.In three years, the amount of bail was $51 million.
Opening the network of microloan points where the verification of the borrower (private individual), the legal basis and the highly profitable financial model were obtained. The business was successfully sold.
The company provides legal support for construction and investment projects, including foreign investment. The Verum ( verum-law.ru ) team of seven persons forms the Legal Service of the SOFIN company.
Creation of own mining rigs. Extensive experience in cryptocurrencies trade, investing in cryptoprojects.
Formation of a team with experience in the development of international-level Internet projects, including the creation of MVP for startups. There are 16 programmers now who will be working on the SOFIN platform after the ICO implementation
Since 2014 and to the present day, a successful experience of connecting people who have money and legal persons who need credit. The interest rate allows each party to earn. To date, there have been no returns. Currently, the loan portfolio exceeds $1.5 million.
The idea of creating marketplace financial resources on a single window system where individuals and companies can get loans from any people,MFOs, banks. With a minimum and transparent rate in auction mode.
Building a loan and verification system for borrowers online ( clubzaimov.ru ). Development of scoring software, integration with credit history systems and online processing. Gaining experience of attracting borrowers on the Internet. In this project, we've worked out all the important elements of a future P2P platform, and there are 14 people working in the company.
Definition of the development financial model. Designation of the technical part of the platform, the interface design, and programming of business logic.
Fundraising on development of the platform, the token output on exchanges, the establishment of the Guarantee Fund and international expansion.
The SOFIN token public offering on the cryptocurrency exchanges for free bidding. Implementation of the token-support strategy and increase it to $20. The direct correlation between the rate growth and the repayment of loans on the platform is achieved through the return of the SOFIN tokens for the transaction bonus payments laid down in the platform
The first issue of loans through the SOFIN platform from the MFOs partners, early followers, and our own funds. Once the guarantee fund has been launched and the risk of repayment has been reduced, it is planned to attract a large number of creditors.
Issuing loans in Russian-speaking countries, starting with Georgia and Kazakhstan and the next step in Ukraine and Belarus. In each country where we will issue loans, a local office will be opened to interact with the verification, scoring and credit history systems for the country. 100% legal purity, which is a distinctive feature of our platform, will be provided. In the same way, local partners in every country are planned for loans . The target of 2018 - 1$ million
Great promise and growing market for P2P lending are concentrated in the regions: Asia, Africa and Latin America. The first countries outside the CIS in which we start lending will be Myanmar and Cambodia.