Our mission is to create the first decentralized system of
crypto-credit money in the world, empowering people
to take back control over their own money – without
the commercial banks and fees.
How it Works
We are the only ones, who add something very essential – it’s the transferability of the credit.
- We offer peer-to-peer lending/borrowing of ether and stablecoins.
- You control your assets – we are non-custodial marketplace
- Credit risk is managed through a combination of collateral, loss provisions, legal enforcement, credit scoring, and additional methods
- The lender will receive Credit-Coins for every loan.
- The lender can use Credit-Coins to pay third parties.
- Third parties can pay other parties with the Credit-Coins.
- Interest and principal are paid to the Credit-Coin holders at the loan expiration.
- The passive investor can define his investment rules for his private fixed income fund.
- The passive investor can relax – this fund invests as an automated investment engine.
- Loan agreements are tokenized into freshly minted ERC20 Credit-Coins.
- Credit-Coins are interest-bearing and transferable.
- Credit-Coins are value protected with the collateral and loss provisions fund.
All borrowers will be ranked via:
- Analytics of borrowers social media profiles.
- Analytics of borrowers blockchain history.
- Psychometric analysis.
- Good Credit Score results in better collateral requirements
We are kinda popular.
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Smartcredit is for everyone..
- Low Collateral Requirements
- Higher capability to borrow than other platforms
- Monetize your data via credit rating – earn better collateral and interest requirements via good credit rating
- 2-Click Consumer Credit
- The freshly minted Credit-Coins (ccETH, ccDAI), which represent the underlying loan agreement, are distributed to the lender
- Transferability of the credit – lenders will keep their liquidity after lending out their funds (ccETH, ccDAI)
- Lenders can use their ccETH and ccDAI to pay third parties
- All loans are protected via collateral and loss provisions fund
- Earn passive income via the “private fixed income funds”, which invest based on the pre-defined rules
- Receive the pro-rata interest and principal payments for ccETH and ccDAI
- Pay next parties with the Credit-Coins
- Integrate our non-custodial ”Credit As A Service” API
- Earn revenues from the loan origination – monetize your user basis
- 2017 October — Concept
- 2017 December — Whitepaper
- 2018 March — Prototype
- 2018 May — Pilot Phase I
- 2018 September — Pilot Phase II
- 2019 January — Pilot Phase III
- 2019 April — Registration and Public Pilot
- 2020 March — Launch
- 2020 Q3 — Launch Cross-Chain Collateral
- After 10’000 Registrations — IEO
Here is how our roadmap looks like.
Meet the Team
Here is our team:
Co-Founder & CEO
Co-Founder & CTO
Başak Burcu Yiğit
Marketing & Business Development
Bodo Naef, Ph.D.
Chief Creative Officer
Here are our advisors:
Daniel Burgwinkel, Ph.D.
Blockchain Business Model Advisor
Credit Risk Models Advisor
The market launch will be in 2020 February.
Creditors from any country may use SmartCredit.io. However, borrowers should be from countries in which SmartCredit.io is officially launched.
Our intention is to make SmartCredit.io a truly global platform. All major world languages will eventually be supported.
Ether and ERC20 Ethereum tokens. When other smart contract platforms become popular, we will add support for them, too.
Our first release supports the desktop Chrome browser with Metamask. In subsequent releases, additional browsers and mobile platforms will be introduced.
250 million SmartCredit.io tokens will be minted:
80% are allocated for the ICO.
20% are allocated for long-term partners, advisors and the incentive package.
USD 1 million
USD 10 million
Please use contact form to reach us, we will answer as soon as possible.