Quote from: kezy on June 14, 2017, 06:29:11 PM

Quote from: hiveproject_net on June 09, 2017, 05:40:19 PM

4. Threshold: BTC 2,000

Should the crowdfunding campaign fail to reach its capital goal of BTC 2,000, all funds will be returned

5. CAP: BTC 10,000

Wow 25-30 million USD to build this shit.. seriously?

Hi kezy,

we will direct a large part of the money to establish Hive Project Fund, that will be buying the invoices from businesses to refine the algorithm & provide a good credit scoring system for Hive Project platform users in the peer-to-peer lending stage. As the Hive Project Fund will take the data from publicly available sources & have no history of doing business with an SME, our credit scoring will be less accurate in the beginning. We have to provide the algorithm a lot of data (i.e. a lot of invoices) to supply accurate results to our users, interested in buying the invoices.

You can find the distribution of funds on our website, if you'd like to know more. Also feel free to ask more questions if there is any additional information you're interested in.

Kind regards,

Hive Project Team