Links
Slack (not available)
Telegram (not available)
Overview
ICO Opening Date
Feb 15th, 2018
ICO Closing Date
Apr 15th, 2018
Description
Creditcoin network is composed of fundraisers and investors. A fundraiser announces its offer to the Creditcoin network; the offer contains the desired amount to raise, cryptocurrency, an optional collateral cryptocurrency, and Creditcoin for a transaction fee. An investor announces its offer to the Creditcoin network, too. When the two offers from a fundraiser and an investor matches, the Creditcoin network connects the two to complete the investment transaction: Investor sends its capital to the fundraiser, the fundraiser sends its transaction fee and collateral (if there was one in the offer). When the every subtransaction is validated, the transaction is considered completed and announced to the whole Creditcoin network. Additionally, the investor can possibly mine Creditcoin as a mining reward. The possibility of mining a new Creditcoin is proportional to the size of the investor's share in the total distribution of capital.
Technology
Blockchain Platform
Ethereum
Team
Members
Gluwa:
Taelim Oh - CEO
Pope Kim - CTO
Aston Lee - Regional Director
Chris Yoon - Director of Engineering
Vladimir Kouznetsov - Blockchain Architect
Paul Hsu - Engineer
John Choi - Engineer
Nick Pashenkov - Engineer
Kyoungbae Lee - Engineer
Ted Lee - Engineer
Kyoungjun Lee - Product Manager
Dana Ryoo - Marketing
Aella Credit:
Akin Jones - CEO
Wale Akanbi - CTO
Doyin Onayemi - COO
Kola Olalekan - Engineer
Kehinde Yinusa - Engineer
Bola Tobi - Engineer
Advisors
Holger Assenimacher - Professor of Cryptography at UC Berkeley / CTO of Cryptowerk
Leung Kwok - Ex-banker of General Motors
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.
Creditcoin News
March 12th, 2018
The decentralized, verifiable market eliminates third party from the lending process and brings the investor-fundraiser relationship to the new level.
February 27th, 2018
A decentralized credit network matches offers from investors and fundraised to facilitate the lending process and unleash the full potential of a $600B fractured across crypto-ecosystem.
By CoinSpeaker Staff on June 11th, 2019 Is Venture Capital in crypto still a thing? With the obvious benefits, what token offerings bring to the table for both subscribers to token offerings and token issuers?
June 5th, 2019
The U.S. Securities and Exchange Commission is suing messenger app maker Kik for $100 million ICO for its Kin token which they think was an unregistered securities sale. The regulator appears to have built up a strong case in its initial court move.
Facebook has announced that they are relaxing their advertising ban on companies promoting products and services relating to crypto. The move comes as the company is talking about its efforts to create a stablecoin to use within some of its apps.
Andrey Sergeenkov, an IEO Adviser and experienced digital entrepreneur, shares most essential principles you should keep in mind when launching an Initial Exchange Offering.
In 2014, Serena Williams launched her own investment firm – Serena Ventures, which, boasting quite an impressive portfolio of $12 billion, has quietly been investing in tens of companies including Coinbase.
Blockstack is likely to set a new precedence in the ICO Industry to be the first company to conduct its token sale under the SEC Regulation A+ framework.
After Lyft and TradeWeb went with their IPOs, another big company decided to do the same. Pinterest has already begun to prep for this by slashing its IPO target by billions of dollars.
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