Funds not accessible for the needy:
Are all countries equally rich or poor? The answer is an astounding no. Even within the county some regions are rich compared to the rest. Regions like North America, Europe, Australia and Japan are some wealthier regions. Regions like India, Africa, Latin America and South East Asia are poor at the moment. The people from richer regions are ready to help other people when helping is profitable. It can be possible but not with the traditional system and way. You can’t really help much or start up on your social entrepreneurship, when money can flow across borders without any hassle.
Limited lending options in poorer countries:
For instance, building a financial bridge between North America and Latin America helps everyone. The investor from North America can lend cash to Latin American farmer. The farmer can help get a loan with comparably low interest rates. The current system means they get low funds for large interest rates. The North American investors can fund a loan and make profits from the investment. It helps businesses and friendships grow. It creates a win-win situation for everyone. The money can freely travel the world like it’s supposed too. It makes every part have free access to funds and investments opportunities.
How Ethical Hub works?
This is what Ethic Hub will do in the future. It acts a platform that connects lender and benefactor. There are local nodes that communicate with the producers and do their profiling. They list their personal details as well as details about their loan. Investors can view all information on the listing. They can handpick list of loans to invest based on their preferences. The investor can lend money on the loans that comes with promised returns in amount and date. All the money is circulated within the Ethical hub platform. The lender has the satisfaction of helping people abroad.
Ethical Hub advantages:
• It is a peer to peer network that allows direct interaction between lender and borrower.
• Lender only has to pay commissions only after you successfully recover your investment.
• Investors are guaranteed their returns by Ethical Hub, in rare case of defaulting lender.
• It makes funds more accessible for unbanked and under-banked agricultural producers.
• Ethical Hub finances productive projects only, which in no case generates debt.
• In the rural area of Chiapas, Mexico, the company has tons of contacts and experience.
ICO Details:
Presale is already live and kicking. The presale window opened on 8th of February 2018. The tokens are given the ticker, ETHIX. The first goal of 500 is almost getting over with, collecting 413. Out of the proceeds, development takes a lion’s share of over 25% and marketing comes close with almost 24%. The second token schedule is scheduled for third quarter of 2018. The ETHIX delivery happens by fourth quarter 2018. There is a 3rd token sale for 3rd quarter 2019 and 4th token sale for 3rd quarter 2020. Hop in to presale now to enjoy the early-bird benefits.
Important Links:
Please find the important links related to the project below and stay updated:
Website: https://www.ethichub.com/
Whitepaper: https://storage.googleapis.com/stateless-landing/documents/EnglishWhitepaper.pdf
Twitter: https://twitter.com/EthicHub
Facebook: https://www.facebook.com/ethichubcrowdlending/
Telegram ESP: https://t.me/ethichub
Telegram ENG: https://t.me/ethichubeng
Medium: https://medium.com/ethichub
Kind Regards!