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Credible Network

Financial Services
Banking & Payments

Overview

Credible is a blockchain network for Business Credit Data

Features

The SmartPesa Credible platform offers a loan marketplace for SMEs, banks, MFIs, peer-to-peer and alternative lenders. Business credit data is owned by the merchants themselves on the SmartPesa Credible blockchain platform and merchants receive PESA tokens from third parties for accessing their data. Merchants are also incentivised to increase the quality and volume of their own data. 
The SmartPesa Credible credit engine computes credit scores on all merchants. Credit bureaus, lenders and trade partners can filter, search and acquire data in exchange for tokens. All transactions on the SmartPesa Credible platform take place in SmartPesa Credible Tokens (PESA).

Crowdsale

Pre-sale
Pre-sale start date 15 Sep 2018
Pre-sale end date 15 Oct 2018
Token Sale
ICO start date 15 Oct 2018
ICO end date 15 Nov 2018
ICO token supply 250,000,000
Soft cap 5,000,000 USD (fiat)
Hard cap size 18,500,000 USD (fiat)
Legal
Country Limitations China, Congo, Eritrea, Iran, Libya, Somalia, Sudan, United States, Yemen, North Korea
Registration Country Singapore
Registration Year 2014
Token details
Ticker PESA
Type Utility-token
Additional Token Emission No
Accepted Currencies

BTC

ETH

HT

BNB

Bonus Program

Pre-ICO - 20%

Token distribution

Public - 50%
Treasure/Liquidity - 20%
Early Backers - 10%
Staff - 9%
Partners- 7%
Community Development - 4%

Funds allocation

Operations - 30% 
Technology R&D - 30%
Merchant Aquisitions - 15 %
Infrastructure & Hardware - 10%
Marketing - 10%
Legal & Compliance - 5%

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active
Risk score
Medium
Active

Team members

Name
Position
Score
Social
CEO & Co-Founder
NA
Chief Marketing Officer
NA
CTO & Co-Founder
NA
Business Development
NA
Crypto & Blockchain Engineer
NA
Backend Blockchain Engineer
NA
Android & iOS Engineer
NA
Operations Manager
NA
Senior Developer
NA
Payment & Crypto Specialist
NA
Head Of Engagement
NA

Advisors

Name
Position
Score
Social
CGAP Consultant, SUSS Fellow, Travelkhana
NA
Cryptocurrency Fund Manager, Blockchain Technologies
1
Founder and CEO, Nehme Group
NA
C-Level Executive, Financial Inclusion advocate, FinTech
NA
CEO and Co-Founder, InfoCorp and SentinelChain
1
Partner of Invention Capital, Inventor of IP Blockchain
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
Credible Network ICO Contacts
More on ICO

Ended

Start ICO 15 Oct 2018
End ICO 15 Nov 2018
Token PESA
Price 1 PESA = 0.09 USD
Product Type Marketplace DApp Ecosystem
MVP Product design and partially product code
KYC Yes
Registration Country Singapore
Country Limitations China, Congo, Eritrea, Iran, Libya, Somalia, Sudan, United States, Yemen, North Korea
Whitepaper View
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