eCoinomic

FLAT LOANS AGAINST CRYPTO ASSETS COLLATERAL

eCoinomic.net founders have been working together in service, financial and fintech projects since 2001. The founders are linked through both business development interests and long-term proven friendships. The projects implemented and goals achieved since 2001 have demonstrated that this team of like-minded people are devoted to hard work, creative thinking and targeted results. The core team of the project consists of professionals and experts with more than 10 years experience in Fintech Industry and software development.

eCoinomic.net provides a scalable solution for fiat lending to the cryptocurrency owners. During the first stage we create a lending platform that connects individual borrowers with institutional investors’ and family offices’ financial resources. During the later stages we add a variety of financial services including full-scale banking services.

PROBLEM

Currently, digital assets are not widely recognized as financial assets and therefore cannot serve as collateral. At the same time, selling cryptocurrency for short-term cash withdrawal and then repurchasing it becomes a risky and unprofitable measure due to a high volatility and commissions of intermediaries.

The rapid growth of the value of digital assets creates a dilemma for their owners: on the one hand they require funds for business development / renewal of miner hardware / improvement of their living conditions, on the other hand they seek to preserve their cryptocurrency with the aim to increase its value significantly and in a short time.

Getting a loan in cash requires time for considering an application, collecting additional documents, assessing the collateral or presenting a guarantee. Ultimately, the bank can deny the loan due to an inadequate or unfavorable credit history.

At present, creditors do not accept digital assets as collateral, that makes it impossible to obtain real money against a security of cryptocurrency through traditional financial institutions. And private creditors do not guarantee security and transparency of the transaction.

SOLUTION

eCoinomic.net creates a global network that lends fiat money to individuals and small businesses using crypto assets as a collateral. Thus there is no necessity to sell crypto assets to get a loan. eCoinomic.net platform serves as an intermediate service between financial institutions that act as lenders and the individuals that act as borrowers. eCoinomic.net takes the role of a guarantee for financial institutions — all the risks associated with a lending procedure are elimina eliminated by eCoinomic.net that provides full financial coverage of the loan.

eCoinomic.net brings financial institutions such as investment banks, family offices and funds to the platform.

eCoinomic.net business model offers a solution of low-risk profitable investments to financial institutions. eCoinomic.net brings more liquidity to the cryptosphere by attracting such investments.

eCoinomic.net is a platform that provides financial services to crypto holders by the following ways:

• Fiat loans backed by cryptocurrencies as collateral
• Investment and asset management
• Exchange
• Transfers and mutual settlements between users and partner projects

Each platform user can choose the optimal set of services to take full advantage of cryptocurrencies potential:

• Secured and unsecured loans based on fiat money and cryptocurrencies
• Long-term and short-term investments in fiat money and cryptocurrencies
• Hedging the exchange rate risks for crypto assets
• Financial transactions, exchange, collateral management
• Payment for goods and services in digital currency on the online trading platforms
• Fiat money transactions, virtual cards issuance backed by crypto assets

The platform maintenance and development will be realized through service fees which are paid with the CNC token only. The service fee amount will be preset for each type of service and will be fixed after the token sale.

TOKEN

Token name: CNC

Token type: ERC20

Token role: Utility

Hardcap: USD 106,000,000

Softcap: USD 6,000,000

Total Token supply: Up to 2,100,000,000

Tokens available for the Token Sale: Up to 1,550,000,000

TOKEN DISTRIBUTION

Reserve stage of Token Sale 72%

Team 13%

Advisors 12%

Pre-Sale and Development stages of Token Sale 2%

Bounty 1%

FUNDS GATHERED DURING THE PRE-SALE STAGE AND DEVELOPMENT STAGE WILL BE DISTRIBUTED AS FOLLOWS

Development 45%

Marketing 25%

Technical Security audit 12%

Legal Support 10%

Operating Expenses 7%

FUNDS GATHERED DURING THE RESERVE STAGE ARE TO BE ALLOCATED AS FOLLOWS

Reserve (will not be spent) 81%

Operational expenses 10%

Marketing expenses 9%

ROADMAP

2017

Origin of the idea

Conducting cryptocurrency market research, technical solutions evaluation

Working team assembly, concept development

Q1 2018

First public information on the project

Early-stage development of the platform

Q2 2018

Pilot project launch in Russian Federation

Token Sale (Pre-sale stage)

International platform alpha release

Token Sale start

Q3 2018

Obtaining of licenses, developing solutions for different jurisdictions

Token Sale finish

Partnership with top global payment agents

Signing the Letters of Intent with financial institutions and family offices

Q4 2018

Virtual cards issue

eCoinomic.net payment agent with open API launch Platform launch — November for early adopters, December — public

Q1-2 2019

Finance transfers from financial institutions and family offices

Expansion through global partnership with local microfinance organizations

Legal procedures for bonds issue

Q3-4 2019

Cooperation and technical connection with trading platforms

Issue of bonds

Procedure of crypto bank registration start

Q1-Q2 2020

IPO procedure initialization

First stage crypto bank launch (licensed in the UK and EU)

Q3-Q4 2020

Conducting the IPO

THE TEAM

Aleksei Smolianov

CEO at eCoinomic.net and Sauber Group, owner of Sauber Bank

Maksim Akulshin

Architect and CTO at eCoinomic.net

Vitalii Topor

Managing Director at eCoinomic.net

Maria Smolianova

Business Development Director at eCoinomic.net

ADVISORS

Park-Bong Kyu

IK Song

Warren Whitlock

Stewart Stewart

Simon Choi

Jason Hung

Hans (Namkyu) Choi

MORE INFORMATION CLICK LINK BELLOW:

• Website: http://www.ecoinomic.net/
• Whitepaper: https://ecoinomic.net/docs/whitepaper
• ANN Thread: https://bitcointalk.org/index.php?topic=2878954
• Telegram: https://telegram.me/eCoinomicchannel
• Twitter: https://twitter.com/Ecoinomicnet
• Facebook: https://www.facebook.com/ecoinomic/

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1350925