Your company is legally registered in America, this gives more confidence in the reliability, security and transparency of your project and the fact that your project tokens are considered as the company privileged shares this gives value to your tokens. Tell me what is the profit expected for investors in your project?
Thanks for a good question!
Fist, we can not stop talking about security vs utility tokens. Maybe just because we spent so much efforts on making everything right.
ICO investors just need to understand that a company can not just self-classify its token and say "Hey we are a utility token today". Or find a test score on the Internet, written by someone for informative purposes two years ago and state - our XYZ test score is 97, so we are not a security token at all!
It is up to official regulators and judges to finally decide if your token was misclassified and it is actually a security.
And seize all ICO proceeds if it was misclassified. And some of the high ranking gov officials have said for the record that utility tokens are a nonexistent thing (meaning that everyone just misclassifies).
Misclassification of a token puts all investors at risk, but if for ICO founders this game has high rewards/ high-risk scenario, for regular ICO investors it is high risk/low rewards scenario.
Making our token a security also opens up doors to create a working and normally understandable token economy. We take 100% of company quarterly net income and share it with all token holders. Like holders of a company shares normally get dividends.
Where will the company get profits from?
We are planning to build:
1) a p2p lending platform, collecting 1.5% fee for every loan originated on the platform. Like what LendingClub or Prosper successfully doing since 2008 on the traditional lending market.
2) a family of credit products on the platform - personal loans, business and small business loans, and crypto backed credit card with a real credit limit and a grace period!
All these products will also bring revenue when used by the customers, and it is our goal to make them attractive for customers to use them in their lives.
Please ask us more questions!
