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SOFIN ICO (Initial Coin Offering)

What is SOFIN Token / Coin?

SOFIN (Social Financial Network) — the international fiat P2P-lending online service based on blockchain. This marketplace platform, that brings creditors and borrowers together: Creditor — individuals, banks, microfinance organizations and funds; Borrower — individuals, entrepreneurs, and organizations.The foundation of our platform is the legal purity of the loan agreements.We will check the borrower through credit scoring and the full verification system (ergo contacting the borrower, the employer, etc.) and the request of credit histories from the credit bureaus.Depending on the responses received, each borrower will be given a certain ranking. When registering for the service, each client provides scanned copies of their identification documents (Passport, TIN, IIAN) and passes verification. We will also check the data that was provided to transfer the funds: for example, verify a credit card.

Price: 2.0000 USD
3
Average Rating
Konstantin Ivanov
Start: 2017-11-06
End: 2017-11-19
Ends In:
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Milestones

1
2010 Rostov region guarantee fund

Creation of the structure that allows entrepreneurs to obtain the necessary funding through the fund’s surety.In three years, the amount of bail was $51 million.

2
2011 Offline MFO Expressmoney

Opening the network of microloan points where the verification of the borrower (private individual), the legal basis and the highly profitable financial model were obtained. The business was successfully sold.

3
2012 Opened the Verum law firm

The company provides legal support for construction and investment projects, including foreign investment. The Verum ( verum-law.ru ) team of seven persons forms the Legal Service of the SOFIN company.

4
2013 Miming rigs, cryptotrading

Creation of own mining rigs. Extensive experience in cryptocurrencies trade, investing in cryptoprojects.

5
2013 Opened the Elonsoft IT company

Formation of a team with experience in the development of international-level Internet projects, including the creation of MVP for startups. There are 16 programmers now who will be working on the SOFIN platform after the ICO implementation

6
2014 Private P2P loans to entrepreneurs

Since 2014 and to the present day, a successful experience of connecting people who have money and legal persons who need credit. The interest rate allows each party to earn. To date, there have been no returns. Currently, the loan portfolio exceeds $1.5 million.

7
August 2016 P2P platform concept

The idea of creating marketplace financial resources on a single window system where individuals and companies can get loans from any people,MFOs, banks. With a minimum and transparent rate in auction mode.

8
August 2016 Launch of MFO Loan CLub

Building a loan and verification system for borrowers online ( clubzaimov.ru ). Development of scoring software, integration with credit history systems and online processing. Gaining experience of attracting borrowers on the Internet. In this project, we’ve worked out all the important elements of a future P2P platform, and there are 14 people working in the company.

9
July 2017 – to date Commencement of system development

Definition of the development financial model. Designation of the technical part of the platform, the interface design, and programming of business logic.

10
December 11, 2017 ICO

Fundraising on development of the platform, the token output on exchanges, the establishment of the Guarantee Fund and international expansion.

11
Q1 2018 Token on exchanges

The SOFIN token public offering on the cryptocurrency exchanges for free bidding. Implementation of the token-support strategy and increase it to $20. The direct correlation between the rate growth and the repayment of loans on the platform is achieved through the return of the SOFIN tokens for the transaction bonus payments laid down in the platform

12
Q1-2 2018 Launch of the platform in Russia and the Guarantee fund option

The first issue of loans through the SOFIN platform from the MFOs partners, early followers, and our own funds. Once the guarantee fund has been launched and the risk of repayment has been reduced, it is planned to attract a large number of creditors.

13
Q3-4 2018 Launch of the platfrom in the CIS countries

Issuing loans in Russian-speaking countries, starting with Georgia and Kazakhstan and the next step in Ukraine and Belarus. In each country where we will issue loans, a local office will be opened to interact with the verification, scoring and credit history systems for the country. 100% legal purity, which is a distinctive feature of our platform, will be provided. In the same way, local partners in every country are planned for loans . The target of 2018 – 1$ million

14
2019 Launch of one country per quarter

Great promise and growing market for P2P lending are concentrated in the regions: Asia, Africa and Latin America. The first countries outside the CIS in which we start lending will be Myanmar and Cambodia.

TokenSOFIN
PlatformEthereum
TypeERC20
Price2.0000 USD
Tokens For Sale4,000,000
BonusNo
BountyYes
WhitelistYes
KYCYes
Restriction AreaUSA, Singapore
Min. Investment:0.1 ETH
Accepting:BTC, ETH, NEO, NEM, Wex-code
Soft Cap1,000,000 USD
Hard Cap9,500,000 USD
Average Rating: 3
ICOGuru2.7
ICORatingN/A
ICOBenchN/A
ICOBazaarN/A
CryptoratedN/A
ICODropsN/A
ICOMarks6.4
ICOVotingN/A
ICORankerN/A

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