GenieICO (CGC) ICO

updated 01 January 2018

First Business Loans Asset Exchange

Whitepaper
Token sale info
LVL
Status: ended
Start: 13 November 2017
End: 28 February 2018
Cap: No info
Goal: No info
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GenieICO

About GenieICO

Crowd Genie is one of the few licensed and fully operational digital business lending platforms in Singapore. It was granted a “Dealing in Securities” license by Monetary Authority of Singapore (MAS) in March 2017. The token - CGCOIN - is released by CGSPV Pte. Ltd., a Singapore-registered related company of Crowd Genie Financial Services Pte. Ltd. (CGFS).

What are our tokens valuable?

  1. Quarterly Buybacks - 80% of Net Profit will be used to buy tokens back at market price and then burned.
  2. CGC are integral to the System - Transactions on lending platform and Asset Exchange will be denominated in CGC
  3. Reputation Tokens - Borrowers are rewarded with CGC Credits for timely repayments which can be monitored publicly to establish trust.
  4. Lending without borders - Token holders can lend across borders, according to their risk appetite, secured by blockchain.
  5. Loan and asset trading - trade business loans in your portfolio to other lenders for liquidity and also real-world asset trading in fractions.

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