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Ripio

Banking & Payments

Overview

Ripio Credit Network is a global credit network based on cosigned smart contracts.

Features

Wallet providers - Generate the smart contracts and broadcast them to the network, adding information on the borrowers and their credit requests.

ID verifiers - Verify and attest the identity of each borrower as a security measure.

Scoring agents - Provide a credit score for each borrower and gather the transactional information from traditional and non-traditional sources.

Cosigners - Insure the loan in case of a default and distribute the lender’s risk.

Credit exchanges - Match the lenders’ offer with the borrowers’ credit requests through the smart contracts generated by the wallet provider.

Oracles - Set the price feed of the RCN token, determining the exchange rate in local currency at the time the loan is executed.

Crowdsale

Token Sale
ICO start date 17 Nov 2017
ICO end date 05 Nov 2017
ICO token supply 85,000,000
Raised 37,800,000 USD
Token details
Ticker RCN
Type Utility-token
Additional Token Emission No
Token distribution

42,5% - Pre-Sale Maximum

8,5% - Crowd Sale Minimum

34% - Fund Previsions

15% - Network Bootstrapping Pool

Funds allocation

60,75 - Development

19,63% - Marketing

16,35% - Legal&Liabilities Provisions

3,27% - Miscelaneous

Ratings

Type of scores
Score
Status
Hype score Medium Active

Team members

Name
Position
Score
Social
SVP & Partner
NA
Head of Operations & Admin
NA
CTO & Lead Blockchain developer
NA
Head of Support & CX
NA
Founder & CEO
NA

Funding Rounds

Fund
Status
aum
Strategy
Live NA Venture
Live $20,000,000 Venture
Live NA Venture
Live NA Venture

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Done NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA

Ended

Raised: $37,800,000

Start ICO 17 Nov 2017
End ICO 05 Nov 2017
Token RCN
Price 1 RCN = 0.0743 USD
Product Type Platform
MVP No
KYC No
Whitelist No
Whitepaper View
Ripio (RCN) widget
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