Ticker: BTCC

ICO Token price: 1 BTCC = 0.1 USD

Fundraising Goal: 10000000 USD

Сan't participate: Afghanistan, Bosnia And Herzegovina, Cayman Islands, Democratic People's Republic of Korea (DPRK), Ethiopia, Iran, Iraq, Pakistan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Uganda, USA, Yemen

Accepts the following: ETH

SHORT REVIEW

ADDITIONAL LINKS

Btccredit – The next gen crypto banking solution, a Blockchain based P2P lending solution.

Btccredit is the most advanced lending platform built and yet simple to use for the users. P2P lending will be the hottest thing in the future that cryptocurrency can facilitate. We are building a robust infrastructure to make crypto p2p lending feasible for everyone. The platform will support both Bitcoin and our native token BTCC as collateral. For deposits and withdrawals, USDT will be used. The usage of USDT makes it very convenient for users to transact on this platform. The first reason for that is USDT is very liquid, present on almost every exchange, and other is that it is backed by an equal value of USD in a bank treasure. Our most crucial concern is the protection of customer funds and will always be the primary focus.

We have other cool products in our roadmap like a decentralized p2p exchange, staking platform, crowdfunding, ico investment platform.

How it Works?

USDT and BTCCredit Lending System

USDT – User can Lend USDT backed by LDT Tokens whose value is 1 LDT:1 USDT, by deploying a smart contract on Ethereum Blockchain, with Bitcoin (BTC) as collateral by the borrower.

BTCCredit – User can Lend BTCC Token, by deploying a smart contract on Ethereum Blockchain, with BTCC Token as collateral by the borrower.

Rewards

The System will Reward the Lender and the borrower with BTCC Token when a contract is deployed between them.

The Borrower will again be rewarded with BTCC on every successful EMI Payment.

15% Extra Loan Amount

In Alpha, Borrower gets 60% LTV of Collateral (BTC) deposited, But in Beta Borrower gets 75% LTV of Collateral (BTCC Token) deposited.

Team

Shrirang Muley

ADVISORS