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GenieICO

First Business Loans Asset Exchange

Genie ICO aims to build the first Asia wide Business Loans Asset Exchange. First, the team will build a Digital Passport for the entire ecosystem users to meet regulatory compliance requirements. Next, an asia-wide tokenized platform that makes lending across borders possible, secured by blockchain, and ultimately a business loans asset exchange that trade business loans for liquidity

3.5
26 25 expert ratings
Benchy 2.5
Experts
3.9
3.6
3.5
View rating distribution
~$555,000
value of tokens sold in ICO
Trading
0.15 USD
From HitBTC on 2018-05-22 12:00:12 UTC
Token
Price in ICO
1 ETH = 400 CGC
Country
ICO start
13th Nov 2017
ICO end
28th Feb 2018
Report

About GenieICO

Crowd Genie is one of the few licensed and fully operational digital business lending platforms in Singapore. It was granted a “Dealing in Securities” license by Monetary Authority of Singapore (MAS) in March 2017. The token - CGCOIN - is released by CGSPV Pte. Ltd., a Singapore-registered related company of Crowd Genie Financial Services Pte. Ltd. (CGFS).

What are our tokens valuable?

  1. Quarterly Buybacks - 80% of Net Profit will be used to buy tokens back at market price and then burned.
  2. CGC are integral to the System - Transactions on lending platform and Asset Exchange will be denominated in CGC
  3. Reputation Tokens - Borrowers are rewarded with CGC Credits for timely repayments which can be monitored publicly to establish trust.
  4. Lending without borders - Token holders can lend across borders, according to their risk appetite, secured by blockchain.
  5. Loan and asset trading - trade business loans in your portfolio to other lenders for liquidity and also real-world asset trading in fractions.

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2 members invited
Bikash Saha
Failed
Akshay Mehra
Failed
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