Cereal (CRL) ICO

updated 22 November 2018

Blockchain ecosystem for asset-based loans

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Status: upcoming
Public sale: TBA-TBA
Cap: 9 500 000 USD
Goal: 2 000 000 USD
Price: 1 CRL = 0.0005 ETH
Blockchain: Bitcoin
Offering type: Utility
Country: Cayman Islands
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What is CEREAL?

 

Cereal is a platform offering credit products that are secured by customers’ mining equipment, cryptocurrencies and other blockchain assets.

Thanks to Cereal there’s no need for borrowers to sell their valuable blockchain assets in order to access fiat money. Instead they can secure their cryptoassets as collateral, in order to receive cash for the purpose of covering their business and living expenses.

Cereal will store its customers’ collateral in cold wallets, thus ensuring a high level of security and preventing bad actors from gaining access to the borrower’s assets.

Cereal’s has automated solutions for calculating the maximum loan that customers are eligible for, and doesn’t need to check client’s credit scores. This makes Cereal incredibly convenient and hassle-free for borrowers.

 

DISCLAIMER

 

CEREAL public sale and public presale will not be open to citizens, residents or green card holders of the USA (including Puerto Rico, US Virgin Islands, and any other protectorate of the USA) or other representatives of the USA, China, South Korea, North Korea, Cuba and Iran.

 

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