Banking & Payments
Ripio Credit Network is a global credit network based on cosigned smart contracts.
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.
|ICO start date||17 Nov 2017|
|ICO end date||05 Nov 2017|
|ICO token supply||85,000,000|
|Additional Token Emission||No|
42,5% - Pre-Sale Maximum
8,5% - Crowd Sale Minimum
34% - Fund Previsions
15% - Network Bootstrapping Pool
60,75 - Development
19,63% - Marketing
16,35% - Legal&Liabilities Provisions
3,27% - Miscelaneous
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