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ICO Structure
What it represents: Utility token
Token name: CGCOIN
Token Price: 1 ETH = 400 CGCOIN
Buyback Token At the end of each calendar quarter starting July 1, 2018, 80% of
benefits that can be distributed from CGSPV Pte. Ltd. used to offer to buy back
token in circulation at the market price
What Is Crowd Genie
CROWD GENIE is a financial service established in Singapore that runs a peer-to-peer lending platform and lenders. Which is very necessary to emphasize also crowd genie is one of the few licensed platforms in singapore. No half-hearted crowd genie have a license from “Dealing in Securities” which is authorized by monetary singapore in March 2017 ago.
Genie ICO was launched by a Singapore registered and operational peer-to-peer lending platform Crowd Genie, with a MAS “Dealing in Securities” license and sound track record of 22% portfolio returns and 0% default rate. Crowd Genie has a vision to build the first Asia-wide Asset Exchange on Blockchain to democratise trading and allow investment in infrastructure, stocks, cryptocurrency, and bonds across Asia and the world.
The main objective of this credit exchange is to make loans more operative, easy, and also transparent. This platform represents an already established peer-to-peer credit company that seeks to use blockchain and crypto currency technology to bring its professional activity to a new level.
In the long-term plans of this project lies the creation of the largest exchange of assets in Asia. This will lead to the use of products such as a digital passport, P2P lending, asset swapping, and much more.
Why choose Crowd Genie?
Repurchase
80% Genie Profits will be used to buy tokens back at the selling price and afterwards consumed.
CGCOIN is Integral to System
Debts can be called in CGcoins, making further requests.
Reputation Token
Borrowers are paid to reimburse with CGcoin that can be checked freely so that banks can create and build trust.
Invest in the Crowd Genie
When you buy CGcoins, this is incorporated into the higher elective progress of the Crowd-Genie.
Vision Crowd Genie
Imagine if any entity and person could digitally know and trust who you are
Cowd Genie’s group is interestingly situated to comprehend KYC controls in Asia.
Loaning Identity confirmation is as yet done by printing, marking, and posting paper archives
A worldwide advanced identification checking data for each partner and resource — agreeable and acknowledged by controllers. This computerized visa will serve to give KYC, AML, and FATCA consistence. Furthermore, this this passport will likewise speak to a potential income stream .
Step 2: Enable P2P Lending
Removing the costly middleman. Enable P2P asset trading across Asia.
Crowd Genie as of now has a loaning stage that is operational.
Conventional saving money expenses, fiat exchange expenses, and cash trade misfortunes cut into P2P loaning edges
We will grow this to assemble the present establishment. Further, we will likewise begin to join and tokenize new resource classes into the stage — every one of them based on the Ethereum piece chain.
Step 3: Asia-wide Asset Exchange
The final step. An exchange to trade any asset
Digital Passports and Tokenized Lending enable the trade to suit any advantage.
This has never been conceivable — Crowd Genie plans to make the main token-empowered far reaching resource exchanging trade
The Crowd Genie trade will democratize exchanging and permit interest in foundation, stocks, cryptographic money, and securities crosswise over Asia and the world.
Token Information
CGCOIN is a token removed by CGSPV Pte. Ltd., an organization registered in Singapore. CGSPV is a related organization Crowd Genie Financial Services Pte. Ltd. CGSPV will only incorporate resources into credit at http://www.crowd-genie.com, buy back tokens from the market and make token-based loans.
Crowd Genie Roadmap
Link Bitcointalk
https://bitcointalk.org/index.php?action=profile;u=1107647;sa=summary
ETH Address
0xf368c8718fDA5e6E7045b39d4830A5485f5ffB38
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