Libra Credit Hot
A decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. **UPDATE - Libra Credit raised over 16M between private and public sale. No announces have been made on exchanges at this time.
ICO Details
30% Reserve
20% Founder & Management team
10% Advisers, bounty & Bounty
Private Sale Hard Cap - 22.4M USD
Public Sale Hard Cap - 4M USD
Collaborating with partners in both crypto and financial markets.
Synergistic partnerships with crypto exchanges, stablecoin providers (e.g. Maker DAO), third-party identity verification data providers (e.g. uPort) and licensed financial institutions (e.g. banks, asset managers)
Reinforcing Libra Credit while delivering value for partners
Crypto-to-fiat loan allowing collateralization of cryptocurrencies to spend fiat without sacrificing their current crypto position
Crypto-to-stablecoin loans enabling borrowers to hedge price volatilities without exiting the market
Crypto-to-crypto lending allowing borrowers to pledge other alternate tokens for more mainstream crypto currencies (i.e. BTC / ETH) with better liquidity
In-house risk management technology which has been deployed in China and the ASEAN market successfully
Pioneer in digital credit service who leverages a dual-credit assessment framework
Considering both the viability of the pledged collateral and the credit scoring of the individual borrower
Shuoji Zhou
Kenneth Oh
Scott Thompson
Liam Robertson
Brett King