Residual Token

ICO Ended
280 days 21 hours ago

Description

An ecosystem for bona fide LENDERS which allows people or companies to borrow money using their Digital Assets as collateral. A gap exists between traditional fiat lending and digital asset-based lending. The divide is marked by safe, long-standing, regulated lending practices on the one side, and highly specialized engineers with big ideas on the other. Our open-source, lending management protocols and vast traditional fiat lending experience bridges this gap. Our protocols expand traditional lenders’ existing product lines, optimizes its origination processes and automates servicing capabilities. Built on the blockchain, our system is mostly trustless with the exception of certain assessment protocols and fund transfer activity.

 

General
ICO Dates
15 Sep 2018 - 15 Nov 2018
Whitelist / KYC
Country
Switzerland
Ticket
RSDL
Token Type
ERC20
Financial
ICO price
1 RSDL = 1.4400001 USD
Accepting
ADVISORS
Daniel Love
Product Design
Stanley Krieger
Engineering Advisor
Kumar Sriram
Technical Blockchain Advisor
  • 1
    Q4 2018

    Basic Collateralized Lending Protocols and Lending Browser based DaPP using one Asset Class.​ Beta test Alpha of lending protocols in a closed environment.​ Begin full third party security audits.

  • 2
    Q1 2019

    Additional Ecosystem Protocols such as Escrow, Uunderwriting, and Custodial Services. Ecosystem Servicing DApps using Protocols. Initial Lending Ecosystem Partners officially introduce its lending platform.

  • 3
    Q2 2019

    Advanced Protocols such as Collateral Valuation and Loan Pricing. Valuation and Loan Pricing Servicing DApps using Protocols.​Pinning/Linking to Tokenized assets on non Ethereum blockchains. ​

  • 4
    Q4 2019

    Iterate with Ecosystem partners and add value add priority features and work towards how a more fully decentralized set of participants will work. Potentially annouce plans for Version 2.0, the evolution of platform.