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In this area, do you have competitors? How do you compare this project with them?

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Where can we access the details of your company to cross check the numbers you present? Like how can we know you helped 22m in loans?

In the area we have no other competitors other than the incumbent credit bureaus. We are unaware of anyone else trying to solve this data access and control problem in the same way as we are approaching it.

We will soon publish the anonymized loan tape. Monitor the updates

hi, good luck for the project.

will  there any bounty or airdrop program , before ICO?

Regarss.

Yes, we'll ditribute 2% of the garnered pool for bounty campaign.

With a credit scheme like that, it should be able to make everyone who utilize the credit scheme will have the flexibility and transparency about their credits.

When ico details will be announced?

This is exactly what we aim at achieveing ;)

We're going to announce the timeline, as well as other details, in mid-November.

As far as I can see, pre-sale for Accredited investors has been launched! Where can I get all instructions to participate?

Feel free to e-mail ir@pave.com to get all the details. Remember that the entry threshold on pre-sale stage is $50k.

What’s the size of the revenue of Pave in the last three months?

A lot of people, not only in the US but also in other parts of the world, are denied loans which they direly need due to the bad credit history, or lack thereof. This, naturally, impedes their lives and, ultimately, national economies. What we’re aimed at building is the transparent, blockchain-based platform that will allow people to overlook their credit profiles. So the problem we are solving is primarily an access to credit problem and the way we solve that is allowing consumers to present a more robust picture of their financial health. As a consequence of our solution we also solve the security vulnerabilities that the recent cyber hacks on Equifax highlighted - again this is explained in our whitepaper

Fraudulent activities from consumers will not be technically possible since users’ application forms will not provide alternative payment and credit data. Moreover, fraud and identity data will be retrieved from third-party providers.

No, the investment pool will only be available for them after the ICO is completed.

Well, the 2 billion people you mention in first several sentences that do not have access to a basic bank account would not have access using a cryptocurrency? I mean, it's even further than bank.

ok

In 2016 it was approximately $500k and this year we do not have revenue as we have focused on launching the GCP

You mentioned the Equifax breach in your post above, could you break down why in your case such an event would be an impossibility?

What will the GCP financial profile consist of?

Are there any financial bigwigs who have already commented on your project and are promoting it?

The reason for that is we’re going to use the IPFS Protocol, and therefore the data will be stored in a distributed way. Hackers would need to hack each user individually which would involve obtaining the individual decryption keys for all GCP users. See https://ipfs.io/ (https://ipfs.io/) for a full description

The profile will consist of: alternative data retrieved from user’s application form (which is: income and occupation, monthly expenses and education), credit data pulled from the credit bureaus, alternative payment data pulled from third-party providers and fraud and identity data also retrieved from third-party providers

Depending on whom you consider to be a financial bigwig, but you can find out more about social opinion on us in the Yahoo Finance article: [url]https://finance.yahoo.com/news/pave-decentralized-global-credit-profile-170000591.html[/url}

This figure will be announced in mid-November, together with other details of the ICO

GCP is not about cryptocurrency - it's only powered by blockchain with GCAT token being used within the system without making a real difference for users.  What will help those people is the easiness and accessibility made possible by the app where all the privies are united on one, single platform.

The token offering is important because it is a way to kick start the platform. Our Global Credit Access Tokens are the means by which users will be able to access and share their data. It is also the means by which we will build in great features for consumers uploading their data, such as real time credit monitoring alerts. Of course, the funding is also important because we are trying to change the system and status quo. We are going up against large well funded institutions so we need the full support of the community

Do you have a bounty campaign to get more people to know about your project?

In our case, blockchain will simply suit us in the best way

Yes, the bounty platform will be ready in coming days, we'll inform everyone by pinning it in the top of the thread

hey dev when crowdsale end ?

How do I participate in the pre-sale?

What’s the minimum threshold for taking part in the pre-sale stage? Where do I direct my money?

Thank you

Contact ir@pave.com (http://ir@pave.com)

Will fiat be accepted?

You hardly need a Global Credit Profile, you cannot guarantee security etc.

Even before that, new dev collecting btc again not even an escrow service.

Bye bye, I pass.

We’re still pondering the idea of accepting fiat and we’ll announce our decision when the ICO kick-off date will be determined

Of course, our cybersecurity unit has got it under control?

Yes, you’ll be able to access all financial services rendered by Pave. In addition to seeing your financial and credit profile you will be able to apply for loans, credit cards and personal finance management services.

Is it cloud Front?

Are you going to loan to organizations, not only, to people?

Will you have minimal cap?

Yes, we will be signing up lenders of all different types as well as banks to the product. Initially we will focus on integrating our product with all the online lenders as they are the fastest adopters

No, there’s no necessity for us set the minimal cap

Great idea, guyz! Will take a look over it.

Is there any difference in min entry threshold for US and non-US residents?

what’s the average interest rate you people apply to your loans?

We won’t let you down! ;)

Yes, actually, there is. Regarding the pre-sale stage, we’ve set the $15k minimum for the non-US and retain $50k for US accredited investors

From technical standpoint, the explanation could take a lot of time. The point is, this is irrelevant to the GCP

It’s never stable, so we do not track that kind of statistics, and again, this is irrelevant to the GCP

is it like you’re going to credit people with crypto money?

Why isn’t your GCP app already out there?

No, such practice is not planned so far, but we are going to use blockchain technologies

No, the GCP app will leverage an integration in the Pave backend to pull the data from each service provider a user has mentioned when logging in the first time. None of the user’s data will be stored by the Pave backend, it simply performs the integration.

It’ll be available after completion of the ICO

Are you preparing this ICO yourself? Have you really got the expertise in the sphere of blockchain?

So far the project looks quite promising but what is the pre-sale price for the token?

What's the ticker for your token is it GCAT or GCP?

We’ve got an experienced ICO provider taking care of the technical part of the process. You might want to check them out at phenom.team (http://phenom.team)

No, of course not, GCP will provide more accurate data for any lender

In mid-December

Credit profile is a realm where blockchain can and must be particularly useful in terms of security matters. As for escrow, we don't really need that in the type of service we provide.

Exactly.

Won’t take long ;)

Bad… Would be better if we could see at least demo version of the app

r u going to publish some video description of the future app?

During the pre-sale, it's 39 tokens for $1. The tokens are designated, by the way, as GCATs

what are the terms of withdrawal?
I need more clear information

Will the third parties have access to the whole data of users?

Me too interisuet this question. In general, the idea is interesting.

Didn’t get the main idea..

Yes, we understand that it’d be way more convenient for those interested to get the idea, which is why the video is being prepared

No. Data consumers will directly ask the users for the relevant data and the user, in turn, will be able to see exactly the kind of data the consumer is trying to access, and either approve or deny that request

Not really

Feel free to ask anything!

It’ll be used as subsidiary data, as a matter of fact, it does sometimes affect the decision of lenders on whether to issue a loan or not to

i was so interested will join this project when i look and read this thread but i don't know still about the project mission, maybe i will read again step by step, from it i will understand about your project mission

If you're talking about withdrawal of garnered funds by Pave team - they're not going to extract anything from the pool until the end of the ICO. If you mean withdrawal of GCAT tokens to your Ethereum wallet, then it'll be carried out with automized platform which will send GCAT token to your Ethereum wallet (preferrably, MyEtherWallet) promptly after the investment.

It’s, in a sense, even better for you :) Of course, it won’t cause any problems

They will only be able to ask for users' approval to let them have the access - and this will yield users rewards in form of those very GCAT tokens which will have their fiat value in exchanges. However, those parties you're seeking loans or other financial services from, will naturally have access for free.

I can say you that the most important part of the WP is 'Product description' starting from page 18. Buckle down on this part - this is where the essence of the project is contained.

that is great, what explain of the problem credits it is very good. but how did you implementation this project and what the special to use this platform

In this case this profile will not be deemed a ‘complete profile’ and that will inevitably be a cause for concern for potential lenders

Will there be any other data consumers apart from lenders? I mean, other businesses

So, every lender out there can get the access to my data?

In essence, any privy will find our app useful, but lender, naturally will form the bulk of the third parties. However, there are other entities, such as, for example, landlords wishing to have comfort on a renter’s credit worthiness

No, Pave is committed to approve all the third parties desiring to use the GCP. Only then are those parties considered as ‘Validators’ in the Pave blockchain

so when the  ico?

No, if it is indeed unwanted. See, the users will actually be rewarded for letting third parties market their products to them. If he or she doesn’t want that, the privies are easily denied the access by users themselves

In less than a month.

Thanks, it was meticulously worked on

This can be seen in the ‘Roadmap’ segment on our official website

so, in the case of gcp, whom the lenders are going to trust - people or data providers?

See, until today, centralized record keeping agencies have been a necessary part of the consumer credit ecosystem throughout the world. While these centralized systems have provided a much needed service and acted as the “sources of truth” between third parties, they have also given rise to the systemic issues described herein. The innovations brought on by the blockchain have enabled us to distribute data across many nodes, and therefore distribute that trust. This can act as the new source of truth and remove our necessity to rely on any one institution.

Well, it would be perfect world if everybody always told the truth. Most lenders opt out from trusting the users and instead resort to credit bureaus services because it is much more difficult to trust the user as they have a reason to be untrustworthy and, more often than not, little to lose if they are discovered.

This is the core of our product - they will have possibility to trust both. The reason for that is that user profiles will be constructed by users and data providers together, thus allowing users to affect lenders’ decision for the first time in the history of crediting

Can I reserve Finnish translation for your future tokens

peple from nigeria can take part??

Yes, sure, we’ll reach everything is sorted out

We don’t see any obstacles for that

On exchanges, it’s really hard to make such predictions, especially, that long before issuing of the token, we’ll conduct our own estimates and let you know, so, do subscribe to our newsletter

Any articles about your crowdsale in the media?

So, Americans can’t take part in the pre-sale, what about the ICO itself?

Scroll down to the bottom of our web page: gcp.pave.com (http://gcp.pave.com) and see the most notable mentions of us in the media

Only in GCAT (our tokens) after all the tokens are issued and allocated among the pre-sale investors, bonus investors, ordinary investors and bounty hunters

We love it too ;)

During the ICO, after all the legal paperwork is done and all the issues are settled, there will be opportunity for Americans to participate

Okay, you will validate the submitted data yourselves, but how? It’ll take a whole load of time, won’t it?

How many stakes do I receive per each social media activity?

BTC, ETH, BCC and LTC

In the U.S., to obtain credit card and bank data, Pave will go through OFX (Open Financial Exchange – the specification allowing the online exchange of data between financial institutions and consumers) from financial providers that support it. For companies that do not, Pave will utilize user’s login credentials and scrape the data. Pave plans to use smart contracts to integrate with third party financial institutions whom have application programming interfaces (“APIs”).
 In countries of the European Union, all financial data will be obtained through APIs. Financial Institutions in the EU will be required to share their data through APIs starting in 2018 thanks to the European Commission’s Payment Service Directive (PSD2).

Thank you for that explanation on your data validation practices, but what about other regions? Not US or EU.

So, what's the purpose of having your token?

Shit, makes sense. Hahah

In other financial systems, or for institutions not yet supported, Pave will allow data providers to write their own integrations into the GCP. This puts the onus of trusting the data provider, and thus, the data itself, on the data consumer. Initially, Pave will certify that a data provider is legitimate before allowing it on the system

We haven’t determined it yet. It will depend, apart from other factors on pre-sale stage outcomes and crypto currencies trends on major exchanges

What is the major advantage of your scheme compared to others?

what's the minimum for presale

is there any new update available for this project,looks promising