Binance
Exchange №1 for Trading Cryptocurrencies
Start Now
BTC $ 3,947.59 -0.74%
ETH $ 144.95 -1.56%
MARKET CAP $ 132 bln -1.39%
ICOs 5,297
Translate this page
0

SOFIN

ICO Ended
7,114 Views
SOFIN (SOCIAL FINANCIAL NETWORK) —P2P-lending online service. It is a marketplace platform which brings together creditors and borrowers: (1) Creditor — private individuals, banks, microfinance organizations and funds;
(2) Borrowers — private individuals, individual entrepreneurs and organizations
Loans are issued in the fiat currency of the country where the borrower resides.
This allows the currency to be exchanged through the SOFIN token if the creditor and the borrower are from different countries.
7.7
TOTAL SCORE
6.2
ICO PROFILE

(weight: 45%)

9
SOCIAL ACTIVITY

(weight: 35%)

9
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Pre-sale Time: 06 Nov 2017 - 09 Nov 2017
ICO Time: 11 Dec 2017 - 24 Dec 2017
Country: Russia
Token info
Ticker: SOFIN
Available for sale: 90,200,000 SOFIN (90%)
Financial
ICO Price: 2.00 USD
Soft cap: 9850000 USD
Hard cap: 157850000 USD
2010 Rostov region guarantee fund
Creation of the structure that allows entrepreneurs to obtain the necessary funding through the fund's surety.In three years, the amount of bail was $51 million.
2011 Offline MFO Expressmoney
Opening the network of microloan points where the verification of the borrower (private individual), the legal basis and the highly profitable financial model were obtained. The business was successfully sold.
2012 Opened the Verum law firm
The company provides legal support for construction and investment projects, including foreign investment. The Verum ( verum-law.ru ) team of seven persons forms the Legal Service of the SOFIN company.
2013 Miming rigs, cryptotrading
Creation of own mining rigs. Extensive experience in cryptocurrencies trade, investing in cryptoprojects.
2013 Opened the Elonsoft IT company
Formation of a team with experience in the development of international-level Internet projects, including the creation of MVP for startups. There are 16 programmers now who will be working on the SOFIN platform after the ICO implementation
2014 Private P2P loans to entrepreneurs
Since 2014 and to the present day, a successful experience of connecting people who have money and legal persons who need credit. The interest rate allows each party to earn. To date, there have been no returns. Currently, the loan portfolio exceeds $1.5 million.
August 2016 P2P platform concept
The idea of creating marketplace financial resources on a single window system where individuals and companies can get loans from any people,MFOs, banks. With a minimum and transparent rate in auction mode.
August 2016 Launch of MFO Loan CLub
Building a loan and verification system for borrowers online ( clubzaimov.ru ). Development of scoring software, integration with credit history systems and online processing. Gaining experience of attracting borrowers on the Internet. In this project, we've worked out all the important elements of a future P2P platform, and there are 14 people working in the company.
July 2017 - to date Commencement of system development
Definition of the development financial model. Designation of the technical part of the platform, the interface design, and programming of business logic.
November 6, 2017 preICO
Fundraising on completing the platform, the SOFIN token output on ICO, the white paper and business model adjustment based on feedback from investors and cryptocommunity.
December 11, 2017 ICO
Fundraising on development of the platform, the token output on exchanges, the establishment of the Guarantee Fund and international expansion.
Q1 2018 Token on exchanges
The SOFIN token public offering on the cryptocurrency exchanges for free bidding. Implementation of the token-support strategy and increase it to $20. The direct correlation between the rate growth and the repayment of loans on the platform is achieved through the return of the SOFIN tokens for the transaction bonus payments laid down in the platform
Q1-2 2018 Launch of the platform in Russia and the Guarantee fund option
The first issue of loans through the SOFIN platform from the MFOs partners, early followers, and our own funds. Once the guarantee fund has been launched and the risk of repayment has been reduced, it is planned to attract a large number of creditors.
Q3-4 2018 Launch of the platfrom in the CIS countries
Issuing loans in Russian-speaking countries, starting with Georgia and Kazakhstan and the next step in Ukraine and Belarus. In each country where we will issue loans, a local office will be opened to interact with the verification, scoring and credit history systems for the country. 100% legal purity, which is a distinctive feature of our platform, will be provided. In the same way, local partners in every country are planned for loans . The target of 2018 - 1$ million
2019 Launch of one country per quarter
Great promise and growing market for P2P lending are concentrated in the regions: Asia, Africa and Latin America. The first countries outside the CIS in which we start lending will be Myanmar and Cambodia.
Screenshots taken 3 Feb 2018
Andrey Tuchkov
Chief executive officer
Trofim Zhugastrov
Chief product officer
Nikita Lushpanov
Chief blockchain officer
Vitaly Slobodin
Chief technology officer
Anton Kruchko
Chief legal officer
Konstantin Ivanov
Adviser

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Active
Pledgecamp
Pledgecamp is the next generation of crowdfunding. Current platforms, such as Kickstarter or Indiegogo, have given incredible opportunities to entrepreneurs and helped create a multi-billion dollar market. But the crowdfunding 1.0 model has been flawed since emerging a decade ago.
Upcoming
Shercoin
The SherCoin team has realized that the best way to create a good cryptocurrency that will achieve mass adoption is by creating a multi-functional token that has more than one utility. Most of the altcoins are Ethereum-based coins that only offer one application. SherCoin features five different related applications in one. The ecosystem has a theme: User provide valuable economic services for businesses such: as checking market place for counterfeits, reporting fake or suspicious products; filling out surveys and giving information, feedback, and data, so business can make informed decisions; giving the users an easy way to manage the cryptos the earned; and then giving them outlets to spend/exchange their tokens.
Upcoming
ClanPlay
It is the first application to address the unique needs of mobile gamers – just like yourself! The app offers a wide range of communication tools: fully equipped private messaging, group discussions, public chat rooms and even dedicated clan chats (in supported games). ClanPlay maintains its position as the highest rated app for gamers in the world, you are welcome to check it out!
Active
Remittance Token
REMCO blockchain solution is a Tokenized money transfer platform with unparalleled speed, designed for licensed money transmitters. REMCO's technology platform provides money transmitters, agents and customers a proven "out-of-the" box ledger solution to move money at the speed of thought. Per the pilot conducted by VTNGLOBAL in the States of Georgia and Illinois in comparison to the traditional way of sending money, the test reveals that the REMCO process is ten times faster and more affordable. It's a Powerful Distributed Token-Generating Platform for Money Transfer. The REMCO Token Generating Platform’s APIs to allow any licensed money transmitter to mint programmable Tokens to move value and leverage distributed ledger advantages at speed and scale, while also offering innovative compensation to all transaction stakeholders. Our Token is Jurisdiction and Money Transmission Flow Agnostic. Meaning it works with the existing model. The parent company has Money transmitter and mobile payment licenses and has processed billions in transactions with millions of subscribers. The parent company has many jurisdictional money transmitter licenses in the USA and CBN licenses for mobile payment and international money transfers. These businesses will be the first client of REMCO post-launch ensuring instant usage of REMCO's blockchain infrastructure. We have existing integrations and process transactions daily for well-known corporates such as Western Union, IDT/Boss Revolution, Transfer-To, and many others. Currently serving over 3.6m subscribers and over $700,000,000 in volume in the last 24 months. Peter Ojo, also VTNGlobal's CEO, has a history of taking first mover advantage with FinTech solutions deployed in Nigeria that still lead in that market. His Nigerian company, VTNetwork Limited, holds two licenses with the Central Bank of Nigeria for mobile payments and international money transfer, in a country of over 180 million population, where most are unbanked. The company also plans an initiative that may have an even larger industry-wide impact. It will apply for a national bank charter in the USA, a new designation recently announced from The Office of the Comptroller of the Currency and will launch an MSB-centric bank, to serve the needs of licensed MSBs across the USA. Remco has big plans with an ICO this Fall that will build out the RemittanceToken platform capabilities, and fund rapid expansion across the USA and into many more markets.
Pre-Sale
ShareMeAll
eSwitch will be the cryptocurrency of a new system of exchange and sharing of goods and services in which humans and these universal values will be the center. ShareMeAll Marketplace and eSwitch Tokens are an alternative community project for the exchange and sharing not only of skills, but also of objects, all or part of their home, their car, ect. It will allow everyone to share and use all that can imagine, today possible to be exchanged or shared. In return, users of ShareMeAll will receive eSwitch that will allow them to take advantage of services, objects, accommodations, etc. offered by other members around the world.
Pre-Sale
HighBank
HighBank aims to create a one-stop platform providing a holistic blockchain experience to any developer, crypto trader and marketing agency via community wide decentralized decision making methodology.The most important components of HighBank eco system are: ICO listing Platform, ICO Launch and Crowdfunding Platform, Decentralized Crypto Exchange, and Online & Offline HighBank Community.