GN Compass is a peer-to-peer lending platform for Cryptocurrency-Backed Loans. GN Compass provides Cryptocurrency-Backed Loans "to create constant liquidity in the lending market by letting investors sell some of the loans in their portfolios Investors are unlocked within the loan period and can liquidate the loan for any reason (eg financial difficulties, GNCT etc.) Only after a certain period of trading time is not reached The investor who buys will reap the benefits of the borrowed loan by the borrower while the seller's investors still make a profit By using blockchain technology to verify and distribute all transactions on the Ethereal network, this ensures transparency .
How it works
For investors
Investors only register and create their investment profile and portfolio. The investment portfolio page will ask Investors about their investment objectives such as pension plan G, the preferred payment cycle. Once the profile is completed and Investors are happy with their investment arrangements, they are then asked to add their banking information into a secure payment system. From there, Investors will be given a secure digital wallet attached to their bank account where all transfers and payments will be made. Investor's Investor will then be sent to the loan pool to fund the loan. When the loan is repaid, GNCT supports the loan will be adjusted.
For Borrowers
The borrower will register by creating a username, password and completing the profile page. Once the Borrower successfully completes their profile and all necessary documents have been submitted and processed, a risk assessment will be made and the borrower will be rated the risk. The loan amount will range from $ 1,000.00 to a maximum of $ 50,000.00 with an interest rate of 3.99% to 11.99%. The loan request will be sent to another set of loan requests with the same credit rating under which Investor funds will fund the loan. The borrower is required to pay the balance protection insurance on the loan. The amount of insurance is the percentage of your outstanding balance. The percentage is determined by the risk rating of the borrower.
Token Sale
Total created ERC20 tokens will be 1,000,000,000 GNCT.
Worth $ 0.14 for 1 GNCT.
20% Or 200,000,000 GNCT Will Be Reserved For Sale and Purchase Offers ICO (Initial Coin) Offer.
10% Or 100,000,000 GNCT Will Be Reserved To Pay The Bonus.
60% Will Be Reserved To Return Investor Funds on the Compass Platform.
10% Will Be Held on Reserve.
The token sale is raising funds for platform development.
FINANCING ALLOCATION
ROADMAP
Q2 2017: RESEARCH AND DEVELOPMENT CONCEPT.
Q3 2017: COMPANY BUSINESS AND TEAM EXHIBITION.
Q42017: BUILDING STRATEGY AND CORAL FUNCTIONALITY. PRODUCT DEVELOPMENT BEGINS. DEVELOPMENT OF TOKEN & MULTI-SIG ERC20 DOMPETS.
2011 Q1: INITIAL TOKEN OFFERING PRE-SALE) .GN COMPASS MARKETING CAMPAIGN LAUNCH.
Q2 2018: HIRE MORE TEAM MEMBERS. GN COMPASS SMART CONTRACT TESTING AND TESTING BUGS.
Q3 2018: MVP RELEASE BY TESTING BUG AND ADVANCED REPAIR. GNCT REGISTERED AT THE LEAST OF ONE EXTRAORDINARY EXCHANGE PERFORMED.
Q4 2018: LAUNCH PLATFORM WIDE COMPASS ON GN ON ANDROID AND IOS.
For further research:
Website: https: //www.gncompass.com/
Facebook: https: //www.facebook.com/gncompass/
Twitter: https: //twitter.com/GN_Compass
AUTHOR:Persijadays
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