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EthicHub's idea is to help farmers by giving them more reasonable loans, which gives them less interest and investors access to a good and environmentally beneficial investment.
The Advantage ofusing EthicHub are:
- Opportunity to invest in profitable agricultural projects selected in person by a Local Node, and that aren’t accessible via the traditional banking and investment markets.
- Democratize FinancesUniversalized access to credit and to the best possible investment opportunities.
- Re-assess
ReputationTrust and reputation transformed into assets through the rating of repayment and success records of both, the Borrower and Local Node. - Humanize
FinancesEfficiency and transparency improvement. Eliminating intermediaries and proposing to invest only in projects with a positive impact and high profitability.
Mision:
- Only productive projects are financed because they generate value (opposite to credit for consume that generates debt).
- Lack of credit for harvesting has a negative impact on food production. On initial stage team will focus on this target.
EthicHub is a global crowdlending platform that allows access to small groups of manufacturers from developing countries to lower lending rates than they are now available to them, benefiting both sides of this exchange.
EthicHub capitalizes on trust: Human-Based Economics, economic credibility based on human relationships and relational assets of society: proximity, communication, support, reference and commitment.
How EthicHub Works?
- EthicHub will make credit and investment opportunities available to everyone. With low-interest rates and access to large markets around the world.
- Ethichub uses Lendingdev to provide services. The temporary function is to define and establish platform procedures and mechanisms to enable decentralization thereafter to reach the optimum conditions to become autonomous.
- The platform consists of a simple front end which is very intuitive to use and where users can choose between the first projects that were uploaded to this social network of investors.
- Those who access the platform will be able to "meet" the communities of farmers who request funding, the local nodes that organize these farmers and they can also consult the conditions established for each loan.
Token sale details:
- ERC20 token called Ethix is being sold.
- It has a starting price of 0.64 USD, and will occur in Q3 2018.Interestingly, they say they will have a prototype by then, unlike most blockchain companies which release a prototype 1+ years from their token sale, so this is a good way to ensure you're not being scammed.
- The total supply will be 100M, so it would need a market cap of 64M USD to ensure the initial price of 0.64 USD remains, however the circulating supply will likely be less so maybe around 30-40M USD for the 0.64 USD price. It only needs to be in the top 250 coins for this to occur, so it seems like a reasonable price.
Roadmap:
Follow media links:
Web: https://www.ethichub.com
Telegram groups: ESP - https://t.me/ethichub ENG - https://t.me/ethichubeng
Twitter: https://twitter.com/EthicHub
Facebook: https://www.facebook.com/ethichubcrowdlending/