Website

Suretly (SUR)

ICO

Last updated: Apr 21, 2019

A crowdvouching platform that offers an alternative to a conventional P2P lending practice that works in conjunction with microfinancing organizations, where investors can vouch for a borrower by offering assurance to repay a portion of the loan amount in case of default.

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Overview

Project industry	Finance Services & Banking
Founded	Russian Federation
Whitepaper	Open

Technical details

There will be two types of tokens available based on Ethereum and Waves. Each investor will consider himself which type of token he wants to get. There will be a possibility to use all issued SUR-tokens as a method of ensuring guarantee on a granted surety in the Suretly app.

What is Suretly

- Simple way to earn money in existing microlending markets - Short-term investments (up to 30 days) - User-friendly interface - Application is already launched in Eastern Europe - Company already have 'real' venture investors in the board

Details

Public sales: Jul 09, 2017 - Aug 09, 2017
Raised: 2,800,000 USD

Legal

Registration country: Russian Federation

Token info

Ticker: SUR
Dividends: Suretly will be transferring 0.2% of each loan secured by Suretly's investors to the token owners’ compensation fund. It will begin doing this on a quarterly basis, after the 3rd quarter following the ICO is completed. This money will be used on exchanges to buyback tokens. The tokens purchased through this process will be evenly distributed as dividends among all remaining token holders.
Token price in USD: 1 SUR = 30.93 USD
Accepted currencies: BTC, ETH, LTC, Waves
Token distribution:
Planning to raise between $1.5 - $10 million USD by selling 15% of its shares. 2% will be issued for bounty purposes; If the campaign is successful, an additional 10% will be issued to the option pool for rewarding current and future employees. These tokens cannot be sold for the next 12 month period. Also, we plan to issue a 2% bounty will be issued for rewarding people who help us with marketing campaign. No new tokens will be created after ICO.