The Deal Coin - Article 6
This is my sixth and final article about the Deal Coin. If you are just joining my article series, it is a peer lending platform. The Deal Coin uses decentralization and smart contracts for lending. This is great for security and to lower costs. The first business target for them is to gain 0.01 percent of the finance market share in a two year time frame. This amount would equal 1.32 billion. In a five year time frame, the goal is to achieve 13.2 billion a year in loans.
The Deal Coin is conducting a token sale starting very soon on March 26th, 2018. The funding goals of the sale are a minimum of five million dollars, and a maximum goal of fifty million dollars. The total maximum supply of Deal Coins will be one billion coins. The use of funds will go toward operational costs, building of the platform, marketing, and legal work.
After the sale completes, the first step for them is to add new personal and focus on development of the platform and API's. Compliance with all legal regulations is also going to be a focus. A few months further out, they will start focusing more on finding additional investors and begin targeting certain manufacturers to replace their current arrangements with regard to financing. They aim to offer a more appealing finance opportunity with lower costs. The main industries that they are looking to target are aviation, automotive, and machinery manufacturers. Even farther down the line, there are plans to start getting involved in things like car finance, mortgages, short term loans, and loans for individual small purchases. They want to be a comprehensive source for all kinds of financing needs. As awareness about cryptocurrency grows, more people will feel comfortable using the Deal Coin's services and investing using the platform. Read more about the Deal Coin and the details of the token sale by checking out the following links.
Announcement Thread: https://bitcointalk.org/index.php?topic=3041085.0
Whitepaper: https://wefundanydeal.io/wp-content/uploads/The-Deal-Coin-Whitepaper.pdf
Bitcointalk Username: rob31
bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1420457
I have been reading a lot about the deal coin. A perfect blockchain solution for Lending !
Awesome