Libra Credit ICO

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

Starting date
May 1st, 2018
Ending date
May 14th, 2018
Token Sale Hard Cap
$ 26.4M
Token Sale Soft Cap
Token Symbol
Token Type
Token Distribution
40% Public and Private sale

30% Reserve

20% Founder & Management team

10% Advisers, bounty & Bounty

Private Sale Hard Cap - 22.4M USD

Public Sale Hard Cap - 4M USD
Initial Token Price
1 LBA = 0.0001 ETH
Participation Restrictions
China, USA, New Zealand, Canada, South Korea, OFAC sanctioned countries

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

Core Team

Lu Hua

Dan Schatt

Howard Wu
Chief Scientist

Advisory Team

Shuoji Zhou

Kenneth Oh

Scott Thompson

Liam Robertson

Brett King