Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] CEREAL - BLOCKCHAIN ECOSYSTEM FOR ASSET-BASED LOANS
by
Cereal Team
on 28/05/2018, 09:32:58 UTC
Began to get acquainted with the projects, but it is not clear what is your ecosystem for!

Thanks for the interest to our project.

We connect crypto holders, willing to use them as collateral, with investors that can gain benefits from this. Our main platform participants are: individual and corporal borrowers, financial companies, investors, merchants.
 1) B2C and B2B: individuals, exchange services, mining companies who hold large assets in cryptocurrency and aim to cash some of it out for fiat;
 2) Financial companies (bank, microfinance companies): CEREAL will provide loans in fiat in partnership with institutional players, which gain from credit fees or interest income.
 3) Investors: investments into CEREAL are asset-based and will be used to offer different credit products to diversify risks for investors.
 4) Merchants: we launch our initial product in cooperation with the largest US provider of mininig services- Gigawatt. Their clients will be able to purchase mining hardware in installments, using it as a collateral.
 5) Cereal company: a technological company that focuses on platform developments and securing of collateral storage. It advances technological processes and benefits from service fees for credit operations within the platform.