CROWDGENIE: Borrowing from people by the people is the motto of the Platform

You get an idea to build a space elevator but what else do you need other than a mere idea? Useful resources and a perfect team which believes in the vision and the motives of the company. You have all the resources but eventually, you could not the create the product you wanted to. And, now you decide to create another one but you need more credit which requires lending from big capital ventures and banks, so what do you do? You have to agree on something to get something and the deal is done. The lending is the biggest opportunity for investors to create a perfect investment bet based on the multiple factors, which involve the quality of the idea and the team working on the project.
We all are aware of the lending in our life. The loans we took off to pay our student debts and cars and homes. Build for people who can choose to share their dream with others and get support in the variety of form offered. But, the situation is not same for everyone as we know that in many parts of the world, traditional financing system has become ineffective resulting in the lack of funds for the SMEs and loss of real ideas. People have been working against the traditional and centralised system to replace it with the open and transparent mechanism of financing an idea. What is the solution?
CROWDGENIE
A financial firm registered in Singapore is ready with a ring-fenced fund managed by escrow agents. The funds are available for lending purposes. It is a marketplace for people who can take the loan from people without the need of any intermediary. There are many advantages of the platform which is already making waves in south-east Asia. A FEW OF the features of the platform is mentioned below.
  • The credit rating of the platform is backed by artificial intelligence which determines the capability of the borrowers.
  • Directors of the platform to invest in the project other than people
  • Regulated Escrow agent outside of the platform
  • Operational company generating cash flow
  • Meets the technical and regulatory requirements of Singapore
The platform is a p2p lending marketplace where security of the funds invested is guaranteed by the CROWD GENIE by creating a special fund called GENIE Fund. They have tried to bring change in the centralised lending marketplace and as long as people are repaying what they are borrowing, we can hope for the best.
CGC Token Sale
120,000,000 CGC Tokens are created for the project in which 50,000,000 tokens are reserved for the ICO. One ETH is equal to 400 CGC. Crowdsale is currently live on the platform and continues until tomorrow.

People investing in the platform are offered the bonus tokens depending on the time and quantity of the investment. The team has been running this platform for over 18 months and they are determined to achieve the impossible in the P2P lending.
Conclusion
Getting resources at the time of the emergency is the perfect solution to save lives of the people and corporations. The removal of the intermediary between people will be the biggest achievement of the platform, and this can be done as it is evident from the operation of the platform for over 18 months. The P2P lending will be the future of the lending and borrowing money. Providing security to the investors as they put their money into the platform will be the key priority of the team.
They have managed to build an exceptional platform and what needs to be done now is the expansion of the project in other Asian Countries. So, what do you think about the success of the platform in other Asian countries? I think they will be successful in other places too, as people require trust and transparency in the lending marketplace. Are you ready to borrow from the platform?
To know more visit:
Published By: Kishan748

Comments

Post a Comment

Popular posts from this blog

GAMBLICA: Play Big On the Decentralised Platform To Win Big

Image
Introduction Life is entertainment. The question is how you want to enjoy it. The modern trends in the entertainment and games have opened multiple avenues for the people to spend their income in the way they like. Gambling is rapidly rising in the online space beating the traditional market as most players are comfortable playing through their mobile. Despite the high rise in the gambling and betting industry, there are various key challenges in the industry which are not allowing the industry to reach its full potential. Hacked random number generator, Fraud Operator, block account of the jackpot winner, lack of personal data protection and Slow International payment are only a few of the many issues of the gambling industry. Do you think a solution can be found for the challenges associated with the industry? Solution Offered GAMBLICA is offering to build a transparent gambling platform for the players across the world. Running on decentralised smart contract system,
Read more

INTRO: Your Favourite Home Is Available on the Platform

Image
Buying property is one of the complex exercises that people go through multiple times in their life. So, the process of buying the property involves many aspects of the business and research. Much of the world's asset is stored in the real estate. People trust their property the most and believe that it does serve them a dual purpose in life. One purpose is the investment and another is the utility purposes. In the age of technology, data has become a key metric in decision making. The truth about a choice and an industry is amply clear when we distil it with the quality data. Data Analytics about the real estate can provide key insights to the people and help them choose the better property of their choice. Do you think a solution can found with the help of technology? Solution offered INTRO is the platform with the perfect solution for the real estate industry, developers and people. They have designed an ecosystem which consists of INTRO SALE, INTRO RESTATE and INTRO C
Read more

MULTIVERSUM: Meet the Next Generation of Blockchain Technology

Image
Introduction The key to growth is the innovation. But, how do you innovate? The continuous experiment is one of the most popular and reliable option available today. Most innovative companies keep experimenting with the new designs and ideas to serve better and make their product the best. Today, Blockchain technology has come at the right time to create a process of decentralisation to break free from the clutches of the centralised industry, which has occupied the top place for far too long. It is the time for the change, and Blockchain technology will bring it sooner or later. With Cryptocurrencies becoming more and more accepted in the public domain, the technology behind it is being utilised in many other sectors of the businesses and life for a variety of purposes. I think that decentralisation of the many centralised services have already begun, and companies adapting to the changing times would find themselves in a well-established position in the near future. Current
Read more