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Best ico january 2018 bitcointalkCrowd Genie ICO Review – ICO Token News
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From past more than a year, Crowd Genie has been successfully running this platform but now the company wants to integrate it with blockchain technology due it outstanding features.
Benefits of using Blockchain technology include These will not be released during token sale and will be used when they are needed on Crowd Genie platform for operating token-based value exchange.
Spend on listing that allow the CGCOIN to reap the gains from the interest earned which will not only improve but also increase the fund amount available for future buybacks.
The company will also invest in the funds for expanding their team in order to set up their development in India. Apart from it, they also want to expand their business development team for increasing the user base of Crowd Genie ecosystem.
This will result in increasing the usage rate of the token. The Crowd Genie is already a licensed platform and regulated entity.
Rest of remaining funds will be utilized for business development costs and overheads like server costs and rents. Crowd Genie is already running peer-to-peer platform, operated in Singapore.
Introduction to Crowd Genie Crowd Genie is a Singapore based licensed and fully operational peer-to-peer digital lending platform. What is Crowd Genie? The key problems which the ICO launchers intend to solve include:- Limited capital access Today, the traditional sources of finances like private capital and banks are mainly constrained to take exposure to those who are too small or whose traditional financial metric are not too strong. Expensive processes Mostly individuals choose financial intermediaries because there are few avenues which offer access to all the elements of diligence, pricing and compliance.
What makes Crowd Genie Token different from others? Technically possible This is a good thing that all Crowd Genie ecosystem elements are technically possible. Benefits of using Blockchain technology include:- 1 — It will eliminate the need of multiple transactions between the organizations and provide the simple ways through which the lenders and borrowers can directly link with each other. This will reduce the supply of the tokens ever created. Restrictions: -US citizens and residents are barred from investing.
Token supply The token supply is locked at ,, which will be done in the below manner. Be the first one to know about new ICOs. Submit your information here! Step-by-Step guide how to buy ICOs:. Get Ether Wallet View more.
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