★ SUR ★ Token As A Pledge for Suretly

[fennyllywof-7700]

good idea

but based on my experience with BTCjam, the risk of defaults is way to high.

[E_L]

based on my experience with BTCjam, the risk of defaults is way to high.

We divide the borrowers into 7 risk groups from A to G based on credit histories and/or other factors, where 'A' means low risk and 'G' means very high risk.
If you do not like the risk, you can vouch only for borrowers from A and B risk groups. But if you want to earn more - you can take more risk and vouch for borrowers from F and G groups.

Also, please keep in mind that in our case all loans issues by licensed lenders only.

[napoetr15]

Waiting the bounties to be ready too. hope this ICO with vouching will successful. 

[fennyllywof-7700]

based on my experience with BTCjam, the risk of defaults is way to high.

We divide the borrowers into 7 risk groups from A to G based on credit histories and/or other factors, where 'A' means low risk and 'G' means very high risk.
If you do not like the risk, you can vouch only for borrowers from A and B risk groups. But if you want to earn more - you can take more risk and vouch for borrowers from F and G groups.

Also, please keep in mind that in our case all loans issues by licensed lenders only.

yes.

i understand.

but just because someone has an "A" rating does not mean that they won't default on said  loan.

In fact in BTCJam, you found a lot of the A listed borrowers would build up their profile and repay a load of loans on time..

And then they would do an exit scam with huge amounts of BTC after building trust.

[E_L]

In fact in BTCJam, you found a lot of the A listed borrowers would build up their profile and repay a load of loans on time..
And then they would do an exit scam with huge amounts of BTC after building trust.

Yes, some kind of borrower's fraud is possible but there are some facts that I have to point to:

1. Suretly is not a direct lender. We are some sort of marketplace that connect 3 parties: lenders (our partners), the borrowers (lender's customers) and vouchers (investors, our customers)
1. Our partners are fiat lenders only.
2. We have no direct communication with borrowers while they pay loans in full on time. The loan applications are fills by the borrowers on the lender's websites.
3. The borrowers are not anonymous - they are identified by the lender.
3. The credit risk group is based on credit history and/or other data not related to our platform.
4. The lender always reports borrower's non-payments to credit history bureau
5. We are focused only for short-term micro-lending, so the maximun loan amount is $1000 (the medium loan amount is $350)

Of course, scammers are very inventive and we will do all the best to avoid the fraud.

[E_L]

reserved for Hindi(INDIA)

Sorry, Hindi was already reserved by another person. List of reserved translations is here...

[E_L]

What can i borrow with this coin?

We do not offer to borrow or to lend any money with coins. Each token will be backed by one share. (See whitepaper for details).

Each token will be backed by one share. Each quarter after the 3rd quarter after the ICO will be completed, we will be transferring 0.2% of each loan secured by Suretly's investors to token compensation fund. This money will be used on exchanges to buyback tokens. The tokens purchased through this process will be evenly distributed as dividends among all remaining token holders.

[E_L]

Suretly has nominated for Best Lending or Alternative Investment Platform Award!

Vote for us by sharing this page.

[Jcga]

Congratz to Suretly

"DETROIT- Benzinga, a leading online financial media publication and data provider, announced today the finalists for the 2017 Benzinga Global Fintech Awards.

The Benzinga Global Fintech Awards is the largest fintech event focusing on the capital markets. In its third year, Benzinga has expanded the event’s purview to the global stage, bringing over 200 companies to New York City from countries including India, Israel, Poland, and Singapore.

The Benzinga Global Fintech Awards finalists were chosen by their peers in a social voting competition. In all, 372 companies applied to the competition, and 225 finalists received over 100,000 votes to advance to the judging round.

Finalists will soon enter the judging stage of the Benzinga Global Fintech Awards competition. A judging board of more than 30 leaders in every fintech vertical will rank the finalists in terms of how innovative their products are and their potential to reshape the finance industry.

The judging panel includes an “unprecedented” level of fintech talent, such as current and former C-suite executives of financial institutions like Morningstar and Thomson Reuters, as well as many leading investors, VCs, television personalities and financial innovators of all stripes. Firms from DE Shaw and J.P. Morgan to TD Ameritrade and Fidelity are all contributing insight and mentorship to the 225 Benzinga Global Fintech Awards finalists."

[E_L]

Congratz to Suretly

Thanks:)

[E_L]

hi dev thanks for sharing this, ho can we vote this?  i think we can tweet with ours account on twetter that would be nice and spreed the project to many people!
thanks

Big thanks! You can vote for us by sharing this page. (In the previous post it was an incorrect link, sorry)

[E_L]

We are happy to announce first part of our bounty campaign!

https://bitcointalk.org/index.php?topic=1885727.0

[sarul]

We are happy to announce first part of our bounty campaign!

https://bitcointalk.org/index.php?board=161.0

I think you mean this one [Bounty] Suretly Bounty Campaign & Pre-ICO Book Building Campaign 
the link that you give just show Marketplace home page

[E_L]

We are happy to announce first part of our bounty campaign!

https://bitcointalk.org/index.php?board=161.0

I think you mean this one [Bounty] Suretly Bounty Campaign & Pre-ICO Book Building Campaign 
the link that you give just show Marketplace home page

thanks:)

[thepo1m]

Another crowd funding platform, we already have Waves, Antshares, Starbase is coming up. I don't think there is a huge share market for Surety, hope I'm proved wrong. I will be watching this space

[jaceefrost]

We are happy to announce first part of our bounty campaign!

https://bitcointalk.org/index.php?board=161.0

I think you mean this one [Bounty] Suretly Bounty Campaign & Pre-ICO Book Building Campaign 
the link that you give just show Marketplace home page

Will you provide the pdf files for the ann translation and whitepaper translation? If yes, please send it to me. I will proceed on translation so it can be ready in a day or two.

[E_L]

Another crowd funding platform, we already have Waves, Antshares, Starbase is coming up. I don't think there is a huge share market for Surety, hope I'm proved wrong. I will be watching this space

We are not about crowdfunding, we are about crowdvouching and it's completely different! It looks more like peer2peer lending, but our customers do not lend money to borrowers, they just vouch for them (They promise to repay the part of loan in the case of the borrower default). More details in our one-pager or in our whitepaper

[E_L]

Will you provide the pdf files for the ann translation and whitepaper translation? If yes, please send it to me. I will proceed on translation so it can be ready in a day or two.

You can use all text from the main thread for translate (including whitepaper and one-pager).
It is ok to you to use that?

[jaceefrost]

Will you provide the pdf files for the ann translation and whitepaper translation? If yes, please send it to me. I will proceed on translation so it can be ready in a day or two.

You can use all text from the main thread for translate (including whitepaper and one-pager).
It is ok to you to use that?

It's okay but I'll need the layout from the psd file so the layout will be the same with the original thread, whitepaper and one-pager. Anyway, I'll start translating it now without the psd file, I'll still wait incase you can provide it. Looking forward more updates in this thread.

[E_L]

When is the crowdfunding sale?

Public pre-ICO starts at May, 16.

ICO date will be announced after pre-ICO. (it starts at the end of June,2017 approximately)