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Good day dear visitors of cryptoknows website. The popularization of lending based on blockchain technologies and smart contracts comes to the point that soon, every internet user will be able to borrow easily and without intermediaries from anywhere in the world.
About 40% of the world’s population is unbanked in one way or another. That is, these people, for whatever reason, cannot open a bank account or get credit. The reasons may be different, but most often, the unbanked population is people who are not provided with enough money, as well as people who for some reason do not have their own identity documents.
Hero Capital Market Platform, a platform built on Ethereum blockchain with its own ecosystem supporting intra-system currency will help solve the banking and credit problems of the entire unbanked population of our planet. Let’s get started.
Hero Capital Market Platform is a decentralized credit platform based on blockchain and smart contract technologies that will provide banking and credit services to the unbanked population. All provided credit and banking services will be provided to the consumer through Southeast Asia, where the creators of the project already have vast experience.
As you might have already guessed, the platform’s target audience is the unbanked population around the world, but prioritized by residents of the Asian region. Only 27% of Southeast Asians are happy owners of bank cards and related services. Project HERO plans to empower the unbanked population with the ability to obtain a completely legal bank account and credit services. The total number of users of the platform may reach TWO MILLION people worldwide!
How does the HERO platform work?
The integration of blockchain and smart contract technologies creates an incredibly convenient, transparent and secure ecosystem. All transactions conducted within the HERO ecosystem using your own token will be recorded directly in the blockchain, which will make it possible to track transfers, as well as to create a huge and true reputation base. With the help of this reputation, the borrower will be able to borrow more and more at lower interest rates. Due to the direct relationship between the lender and the borrower, the interest on loans is as democratic and favorable as possible for all parties involved. Smart contracts allow for the fairest lending practices in the world.
Pros of the HERO financial platform
The use of blockchain and smart contract technologies will enable an improved marketplace for financial integrations. The HERO platform will simplify the process of obtaining credit.
Direct relationships within the HERO system, no intermediaries in the form of banks and their employees.
Blockchain and smart contract technologies increase the level of trust and create a kind of reputation system by recording all open transactions within the platform.
- Maximum security and efficiency of all money transfers.
- Availability and reliability of all credit offers received through smart contracts.
- About ICO and platform token
- The token has the name – HERO, is a standard ERC-20 built on the Ethereum blockchain. The HERO token is the only means of payment of the platform.
- The ICO will start: February 1, 2018.
- ICO will end: on February 28, 2018.
- Hardcap: 200, 000 ETH
- Softcap: 5, 000 ETH (was raised at the PRE-ICO in less than 25 hours)
- Token issuance: 50, 000, 000 HERO
- Token value: 1 HERO = 0, 005 ETH
- Token allocation:
- Available for ICO: 80%
- Project team and founders: 15%
- Early investors and advisors: 3%
- Bounty campaign: 2%
Incredible fees at the platform pre-sales make it clear that there is interest in the platform, the Pre-IPO raised over 5 million dollars in less than 24 hours! The HERO Token project team is very educated, talented and experienced, having worked in the financial industry for many years. Their experience and licensing in the Southeast Asian financial market make it clear to the investor that the platform team is extremely determined to turn the current banking organization around with their ideas and unique credit system.
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