SOFIN

ICO Ended
309 days 8 hours ago

Description

SOFIN (Social Financial Network) — the international fiat P2P-lending online service based on blockchain. This marketplace platform, that brings creditors and borrowers together: Creditor — individuals, banks, microfinance organizations and funds; Borrower — individuals, entrepreneurs, and organizations. The foundation of our platform is the legal purity of the loan agreements. We will check the borrower through credit scoring and the full verification system (ergo contacting the borrower, the employer, etc.) and the request of credit histories from the credit bureaus. Depending on the responses received, each borrower will be given a certain ranking. When registering for the service, each client provides scanned copies of their identification documents (Passport, TIN, IIAN) and passes verification. We will also check the data that was provided to transfer the funds: for example, verify a credit card.

General
ICO Dates
15 Jan 2018 - 15 Jul 2018
Whitelist / KYC
Country
UK
Ticket
SOFI
Token Type
ERC20
Available for Sale
Financial
ICO price
1 SOFI = 2 USD
Accepting
BTC, ETH, NEO, NEM, Wex-code
Hard Cap
9M $
Tokens for sale
4,000,000
  • 1
    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.

  • 2
    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.

  • 3
    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.

  • 4
    2013

    Miming rigs, cryptotrading Creation of own mining rigs. Extensive experience in cryptocurrencies trade, investing in cryptoprojects.

  • 5
    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.

  • 6
    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.

  • 7
    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.

  • 8
    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.

  • 9
    July 2017

    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.

  • 10
    December 11

    2017 ICO Fundraising on development of the platform, the token output on exchanges, the establishment of the Guarantee Fund and international expansion.

  • 11
    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.

  • 12
    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.

  • 13
    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.

  • 14
    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.