Links
Slack (not available)
Overview
ICO Opening Date
Nov 26th, 2017
ICO Closing Date
Feb 14th, 2018
Description
Lenders deposit their fiat money using international/local bank transfers or bank cards and request loans on their own terms (repayment, interest rates etc). Lenders either manage the loans themselves, or they can let our algorithm manage the loan completely on autopilot - thereby avoiding the manual creation and continuous monitoring of loan requests. If the borrower fails to return the funds, the system will automatically liquidate (sell) the pledged crypto asset and return the funds to the lender (including the interest rate), thereby ensuring the absence of risk and a full repayment of funds.
Borrowers can deposit cryptocurrency, and create a loan application for a maximum of 70% of current market value — to preserve the borrower's crypto assets and reduce the risks caused by the high volatility of the cryptocurrency market. Borrowed fiat money can be withdrawn quickly and conveniently, receiving their crypto assets back in full once loan conditions are repaid.
Technology
Blockchain Platform
Ethereum
Team
Members
Alex Faliushin - Founder & CEO
Max Sapelov - Founder & CTO
Eugene Landau - Lead Developer
Semen Zverev - Lead Engineer
Alex Marsoff - Designer
Mike Rozhko - Business Development
Dana Yatsenko - Public Relations Manager
Nika Maren - Community Manager
Advisors
Mike Shokin, CFA
Boris Otonicar
Arturas Svirskis
Desmond Marshall
Anton Sergeev
Daniele Azzaro
Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.
CoinLoan News
July 27th, 2018
CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral.
February 3rd, 2018
Fintech startup releases the first version of its peer-to-peer lending platform that facilitates cryptocurrency-backed loans.
By Bhushan Akolkar on September 19th, 2018 Here’s a look into how the dynamics of the ICO market is changing with an increasing failure rate among the ICO projects.
September 19th, 2018
The French authorities have accepted the legal ICO framework drafted in early 2018. The framework is an important part of a push to turn the country into an ICO hub.
While approximately one half of all the ICOs that took place failed, nearly 40% of them managed to raise over $1 million each.
The Australian Securities and Investments Commission views cryptocurrencies and crypto-related activities including ICOs as potential threats for traditional financial markets.
![Monthly ICO Market Analysis [August 2018]](https://coinspeaker-yyissxxdmt7hpv.netdna-ssl.com/wp-content/uploads/2018/09/monthly-ico-market-analysis-august-2018-420x280.jpg)
Please see our report presenting data on the ICO market trends of 2018. Special focus has been placed on the analysis of movements during August 2018.
Since its inception in May 2018, Operation Cryptosweep investigates violations relating to securities fraud and investors misleading.
![Weekly ICO Market Analysis [August 20-26, 2018]](https://coinspeaker-yyissxxdmt7hpv.netdna-ssl.com/wp-content/uploads/2018/08/weekly-ico-market-analysis-august-2018-1-420x280.jpg)
Please, see our report covering data on ICO market movements in 2018, with special emphasis placed on the analysis of market changes over August 2018, specifically August 20-26, 2018.
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