Cobalt ICO

Cobalt

Cobalt – A new way to borrow!

ICO Details

Status
Past
Starting date
October 31st, 2020
Ending date
November 30th, 2020
Whitelist
No
Token Sale Hard Cap
$ 16,800,000.00
Token Sale Soft Cap
$ 5,000,000.00
Token Symbol
CBLT
Token Type
Ethereum
Token Distribution

Private Sale: No Private sale


Team / Founders 10 % 


Foundation (Operating Cost): 22.5%


Treasury: 42.5%


Marketing:  (included in Foundation budget)


Public Sale: 20%


Vault: (Locked Up 20% of funds in Treasury


AirDrop: 5%

Initial Token Price
.084 USD
KYC
Yes
Participation Restrictions
IRAN, China, North Korea, Syria, Cuba, Burma, Cayman Islands, Sudan, USA, Iraq, Algeria, Oman, Qatar, Lebanon, Egypt, Bahrain, Kuwait, U.A.E., Kenya, Pakistan, Afghanistan
Accepts
BTC ETH BNB
Features

The Cobalt lending platform aims to bring together borrowers into a fair democratic voting community in order to get all size loans from micro loans to six-figure loans all without the over sight of a bank, completely governed by the community and therefor the community directly profits from its’ involvement. The current credit system is fundamentally flawed and the Cobalt platform corrects this by facilitating a community voted and approved lending program on the blockchain that is completely based off the merits of the project, never seeing race, color, or individuals background. The only criteria considered for the loans will be merit of project and collateral provided by the borrower, then the community will be left to decide on funding the proposal or rejecting it.

Core Team


Rodney Wrapp
CEO


Jason Kegal
Head of Culture & Development


Mickel J.
Marketing & Development


Lauren Nonce
Dev 1


Toda Barne
Dev 2