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CryptoCreditFoundation
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December 22, 2018, 07:14:31 PM
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About Crypto Credit

Crypto Credit (CCD) is a decentralized cryptocurrency token issued by Crypto Credit Foundation. Crypto credit is a decentralized Blockchain based funding source for the cryptocurrency users, offering immediate Loan facilities to its coin holders.
In our Blockchain Technology we are using an Intel patent application that has set out a system for automatically creating and validating blocks on a distributed ledger.

About Crypto Credit Foundation

The Founders of Crypto Credit Foundation are vastly experienced in NGO Funding since the last 15 years. They have funded more than 200 NGOs all over the world, as a non-profitable organization. The key focusing areas are Health sector, Education sector, IT sector, Technical & Vocational training Programs, Microcredit programs, ensuring human rights etc.
The main mission of Crypto Credit Foundation is to create successful small & medium entrepreneurs by providing them loan facilities in low interest rate against easy conditions and involving them in social business.

Our Vision

 To eliminate unemployment by creating new jobs with microcredit programs using Blockchain Technology.
 To work on human resources development.
 To work on protection of the rights of children & women.
 To facilitate expansion of medical treatment.
 To facilitate expansion of social business by operating Microcredit program using Blockchain Technology.
 To build up a large, international, social online community group to help each other.

About Loan

Crypto Credit Foundation will offer Loan favouring its coin holders for 02 (two) times in a year. Loan offer is 10 times as per security margin. At the time of ICO Period when the first time Loan offering will be done, almost everyone will get a Loan sanction according to the merit of their Loan proposals.
But, during the second time Loan offering, only those country people can apply for Loan, which country GDP Per capita income is below US$15000.
The applicants, who are doing business or want to start up new business in the following sectors: IT sector, Education sector, Health sector, small & medium industrial sector, trading sector, service providing sector or any other sectors which will create employment will be considered to get a Loan in priority basis. Loan currency is bitcoin and security margin is CCD coin. 

Interest Rate/Duration/Instalment/Amount

Loan duration is 3 years. Rate of interest is 5% yearly. Repayment will be taken by 6 equivalent instalment. Minimum amount of Loan is USD 1500 and maximum amount is USD 10000.
Loan amount is divided by 5 phase. That is: USD 1500, USD 3000, USD 5000, USD 7500, and USD 10000.
It may increase in the future. Applicants have to apply for Loan before ICO closing. For that they have to buy CCD coin as margin/mortgage of their required Loan. This is 10% of their required amount of Loan. For availing a loan amount of USD 1500 the applicant/borrower shall have to buy USD 150 equivalent CCD Tokens during ICO period.

Security Margin/Mortgage

Applicants/borrowers will have to deposit a margin amount in order to get a Loan. Usually, the CCD coin will be considered for depositing margin against the Loan. The margin ratio will be 10% of the loan amount. 
For example: for availing a loan amount of USD 5000 the applicant/borrower shall have to deposit certain CCD coin equivalent to USD 500.00
 After getting sanction from Crypto Credit Foundation the applicant/ borrower shall have to deposit the necessary margin i.e. 10% of the sanctioned loan, in the form of CCD coin to the selected wallet. The wallet will be selected by Crypto Credit Foundation and margin deposit to be done before disbursement of the approved loan. 

Release Margin

The deposited margin (CCD Coin) will be refunded to the borrower’s wallet upon full repayment of the loan. Partial release of deposited margin is not allowed. However, a borrower may apply for new loan facility after repaying 03 instalments in due course. In such cases the deposited margin will be considered for new application. 

How to apply

 At first buy CCD tokens for security margin (10%) as per loan requirement ($1500 - $10000). Fill up application form and submit it.
 Loan approval letter will be send by email within 03 weeks.
 Loan disbursement process will be start after ICO close. 

Technical and Blockchain Securities

Crypto Credit is a decentralized platform maintaining high security level. It is embedded with the latest and most advanced safety structures. Crypto Credit Blockchain uses 4 algorithms with 100000 nodes. Block time is 20 second. These characteristics leads to completely anonymous trading and a uniquely designed hashing algorithm.

Blockchain Research Lab

Crypto Credit Foundation is going to establish a Blockchain Research Lab at Barcelona, Spain. Students from various universities can do internship in this research lab and conduct their Research/Thesis etc. As per their requirements. The finding of their research/thesis may be used for future improvisation of Blockchain Technology.

Crypto Credit Community

Crypto Credit will establish a community club, which bring CCD coin users together. The Main target of Crypto Credit community is to build up a large, international, social online group to help each other. For this project an "Artificial Intelligence" based software has been designed.

Keep Touch With Us

CRYPTO CREDIT FOUNDATION
Joan Muyskenweg, 1096 CJ, Amsterdam, Netherlands
Email: support@cryptocreditfoundation.com
https://www.cryptocreditfoundation.com
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January 18, 2019, 05:03:32 PM
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THIS IS A SCAM
https://bitcointalk.org/index.php?topic=5099131.0

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January 18, 2019, 05:11:41 PM
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Whoever believes in cryptocurrency loans? Lending itself is fraud. Thank you for the information about scam. Interestingly when the deception of people is over ..

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