EthicHub is an investment platform that universalizes access to highly profitable positive impact projects, by directly connecting investors to projects rated by risk level.
- This project is a human one, a thing that only a few can pride off. It will help small entrepreneurs in remote places to get investment capital, easy. Today getting a seed investment or a credit is not easy for everybody.
- The project is aiming at the agriculture, but it is not limited solely to that branch of industry. The platform will attract both people looking for seed money, as those who are looking to invest and earn interests.
- Ethnic Hub is a blockchain based platform that will connect people from the developing countries with the investors capital. This will benefit both parties – lenders will gain interests, while the ones who loan money will get funds for their projects with smaller fees.
The platform provides access to the best investment opportunities, based on the rewards and risks that are usually found in these countries.
Borrowers can take advantage of lower interest rates due to increased financing and take advantage of the accumulated credit history at Blockchain.
EthicHub is planning to add the following additional products and services as well:
- Private investment
- Institutional investment
- Insurance marketing
- Financing products
- Data mining for business
Direct P2P economic interaction between investors and borrowers.
- Financial intermediation is eliminated through Blockchain developed SmartContracts, allowing for faster, more efficient and safer payments. This operating cost reduction enables an increasing profit margin, benefiting mainly borrowers and investors.
- SmartContracts with automatically regulated timelocks (defined time span to gather total loan amount), P2P transferences between borrower and crowdfunders (multiple investors), payment times and loan rates for the borrower as well as distribution of profits for investors, Local Nodes and Ethic Hub. Money is directly transferred without involving a third party, not even LendingDev.
Features:
- Blockchain Platform blockchain technology will connect borrowers from less developed countries with financial capital offered by investors from all over the world.
- Ethereum Network will guarantee access to smart contracts
- Fast and Safe Money Transfers made possible by blockchain technology
- Building Reliable Credit History using blockchain, EthicHub will help borrowers record their good financial discipline by helping them create and maintain a credit history.
- Human-Based Economics this project will build trust by using human-based economics that leverage on human relations and relational community assets
- Investor Protection– a portion of every loan will go to a guarantee fund that will protect investors in the event of default.
Token sale details:
●Team and Advisors = 20.00%
●Presale = 15.00%
●ICO = 15.00%
●Bounty = 5.00%
●Token reserve = 15.00%
●Local Nodes and Investors incentive = 20.00%
●Exchange risk and Guarantee Fund = 10.00%
Roadmap:
H1-2017– Concept development, concept validation, drafting the first white paper
H2-2017– Assembling the team, creating a landing page, prototyping, building a community|
Q1-2018– Presale (sale of the first tokens), Lending Smart contracts used to fund the first projects
Q2-2018– Launching EthicHub Alpha, REP (Reputation Token) smart contracts developed
Q3-2018– ICO (second token sale), beginning of Ethix Token delivery, first exchange listing of the Ethix Token
Q4-2018– Conclude Ethix Token Delivery, inverse interest rates auctioned
Q1- 2019– Second country entry, positive impact scoring
Q2-2019– Creation of guarantee fund smart contracts, launch of the first local node training center
Q3- 2019– Third token sale, launch of an automated investment system
Q4- 2019– Development of mobile apps, development of a policy for ethical defaulted debt collection
Q1-2020- Loan to a secondary market begins, conclusion of the founders vesting period
Q2-2020- Integration of a decentralized exchange system, currency exchange insurance
Q3- 2020– Entry into the 10th country, fourth token sale
Q4- 2020– Decentralized governance
Website: https://www.ethichub.com
Telegram: ESP - https://t.me/ethichub RUS - https://t.me/ethichubeng
Twitter: https://twitter.com/EthicHub
Facebook: https://www.facebook.com/ethichubcrowdlending/
Medium: https://medium.com/ethichub