BTC $ 8,756.3 1.27533%
ETH $ 170.05 1.80423%
MARKET CAP $ 242 bln 1.6%
ICOs 5,678

Bloom

Trading
15,073 Views
Bloom brings credit scoring to the blockchain. Founded Stanford engineers, Bloom makes credit global and inclusive. Bloom allows both traditional and digital currency lenders to serve billions of people who currently cannot obtain a bank account or credit score. Joey Krug (Augur / Pantera) and Joe Urgo (District0x) serve as advisors.
General
Website: Visit
White paper: Read
ICO Time: 30 Nov 2017 - 30 Dec 2017
Country: USA
Token info
Ticker: BLT
Platform: Ethereum
Token Type: ERC20
Available for sale: 150,000,000 BLT
Total supply: 150,000,000 BLT
Video
Financial
ICO Price: ≈ 1.16 USD
Accepting: ETH
Hard cap: 50,000,000 USD
Screenshots taken 5 Feb 2018
Phase 1: Bloom Invitation System and Voting
Phase 1 will allow for users to use BLT to invite their friends and colleagues to seed the initial network securely. Users with BLT will be able to vote on early development-related proposals for the future of the network.
Phase 2: Bloom Identity Matching (BloomID)
Phase 2 will deploy an application allowing users to verify their identity and get matched with their BloomID. During this phase, users will be able to confirm identity information as well as add additional information which will be reflected in their score.
Phase 3: Credit Staking (Precursor to BloomScore)
Peer to Peer staking modules will be built first, followed by organizational staking.
Phase 4: Creditworthiness Assessment (BloomScore)
Phase 4 will allow users to check their score, as well as open up a developer ecosystem for additional decentralized lenders to check a given user’s BloomScore, providing sufficient privileges are granted from the loan recipient.
Phase 5: Bloom Credit Protocol Launch + BloomCard
Once the risk assessment and scoring protocol is complete, Bloom will launch the BloomCard. The BloomCard will serve as the first full credit card on the blockchain, offering credit services to the nearly three billion individuals who are currently not able to participate in the global credit ecosystem.
Phase 6: Democratized Autonomous Credit Infrastructure
BLT flows through the network. Lenders, data attestation providers, and borrowers all own Bloom Token and their amount acquired will correlate to their influence on the network. As a result, there is an even distribution of BLT relative to a given player’s influence in the ecosystem. Assigning the ability to propose and vote on scoring-level improvements and accrediting actors within the network to these tokens creates a fair and democratized setup.
John Backus
Takes part in this project only
Alain Meier
Takes part in this project only
Daniel Maren
Participates in a number of projects
Ryan Faber
Takes part in this project only
Jesse Leimgruber
Takes part in this project only

Advisors (4)

David Raphael
Infinity Media
Participates in a number of projects
Devon Zuegel
Independent Consultant
Participates in a number of projects
Joseph Urgo
Co-Founder District0x
Participates in a number of projects
Meg Nakumura
CEO of Shift Payments
Participates in a number of projects
ICO Stats
Interesting ICOs
Active
Liqio Exchange
LIQIO is an Estonian registered company (LIQIO OÜ 1478949). The company has an address in Estonia and offices in Western Europe. When you purchase LQO tokens, you will receive dividends once a month. 50% of the fees collected by the exchange will be paid to the holder of the LQO token. Community trading: follow the best traders In partnership with Shillerz.
Upcoming
Host.Games
The Host.games is a platform that allows people to set up their own blockchain powered casino, create custom games and invite players! No costs, no complicated development required – Host a game and start generating profits! The Host.games is built on top of a Host Protocol – a next-generation blockchain protocol that supports unlimited scalability which in-turn enables and sustains millions of operating DApps. With Host protocol Host.Games can support viral growth without reaching the limit because of scalability issues!
Upcoming
Juiice
Juiice is a gallery for viral user-generated content which rewards creators and influencers! Internet, together with other modern technologies, gave birth to a new form of art. Everyone can express themselves in any way imaginable and their work can be easily seen all around the globe. From video performances of various talents and breathtaking photos of nature to trendy jokes, funny clips and cat memes. On the other side, tens of millions of viewers are amused, amazed and even enlightened by this snack content. It is like free fast food of entertainment, which we all consume on daily basis.
Upcoming
RewardsToken
Rewards.com is introducing a global marketplace that brings together over 100,000,000 products and 7,000 merchants, including restaurants, travel, entertainment and retail. This marketplace will allow customers to earn and redeem, what we call RWRD tokens, at any participating merchant or be traded on the exchanges. We believe this solution will transform loyalty by taking cryptocurrency mainstream, building a healthy and strong token economy and restoring true value to the consumer reward.
Active
Hydrostandart
Our civilization is now on the threshold of the fourth industrial revolution, which will be characterized by a combination of technologies that erases the boundaries between the physical, digital and biological spheres. With the change of the economy's format, the financial system's format will definitely change too. The next stage in the human civilization's development will be the construction of a global digital economy that will not be able to function normally on the paper or electronic money that exist today. It will need a new type of digital money, based on a universal standard of valuation and calculation that can generate a non-political value's measure of everything. Core idea: to introduce a new universal digital currency, both for internal and external financial calculations, and for direct interaction of digital and tangible assets. The main difference between the proposed currency from the existing, or ever existed - strict compliance with the physical quantity in the form of a certain amount of energy. The monetary unit on the basis of "Hydrogen money standard" will unite in itself two properties: energy as a physical quantity and a tool for providing, and money in the form of an information carrier. Due to what it will become an universal instrument of trade turnover. Such a monetary unit has the ability to be compared with the benchmark at any point of calculation, which will contribute to the sustainability and stability of the economic and financial systems, as well as provide reliable protection against risks, abuse, speculation and inflation. The cost of any product will acquire a reference price in the form of its own energy content and energy consumption for its production. The hydrogen is ideally suitable for this role, it has the highest energy content per unit weight of 120.7 gigajoule/ton. Low molecular weight and high specific energy content of hydrogen have in this case a paramount importance. Due to these properties, hydrogen is an ideal mean of energy storage, transportation and transmission.
Upcoming
Prometheus
Prometheus has created a fully functional MVP, which will be a base for our platform. It allows the user to connect to the database through a few clicks, select a table and column to transfer to a blockchain, select the type of blockchain (Prometheus, Ethereum, Cardano, Stellar...) and choose whether the action will be performed only once or repetitively. A reverse process can also be made to move data from the blockchain to the database. Users can transfer the desired part of their business to a blockchain. Prometheus wants to help with the implementation of blockchain technology. Developing a blockchain for a specific business can be very expansive and time-consuming. With Prometheus, every business will be able to affordably use blockchain technology for real-world use cases.