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eCoinomic ICO details Start Date: 2018-5-1 End date: 2018-8-1 Category: Banking, Cryptocurrency, Investment, Platform



Token: CNC



Platform: Ethereum



Type: ERC20



Initial price: 1 CNC = 0.12 USD



Bonus: On Pre-Sale bonus depends on the contribution amount USD < 49,999 10% USD < 99,999 15% USD < 149,999 20% USD > 150,000 25%



Accepting: BTC ETH LTC NEO XRP



Soft cap: 6,000,000 USD



Hard cap: 106,000,000 USD

eCoinomic – Episode One. Loans: hedge crypto — get money!

eCoinomic.net founders have been working together in service, financial and fintech projects since 2001. The founders are linked through both business development interests and long-term proven friendships. The projects implemented and goals achieved since 2001 have demonstrated that this team of like-minded people are devoted to hard work, creative thinking and targeted results. The core team of the project consists of professionals and experts with more than 10 years experience in Fintech Industry and software development. eCoinomic.net is a part of the Sauber Group — consortium of companies working in services, financial and fintech industries:

Sauber Bank

Sauber Bank JSC was established in 1992 and reorganized from one of the oldest USSR banks. The bank’s history has shaped its corporate traditions and its irreproachable reputation in the financial market. The bank offers a variety of financial services both for individuals, such as loans, deposits and currency exchange, and for legal entities, such as leasing, settlement service and cash services. The bank’s financial indicators for the financial year 2017 are as follows: net assets are RUB 2.8 billion (approximately USD 46 million), capital adequacy ratio is 26.5%, acid-test ratio is 141.4%, current liquidity ratio is 122.6%.

Microfinance company “Dengi Budut!”

The microfinance company “Dengi Budut!” operates in Russian Federation since April 2011. “Dengi Budut!” is a fintech lending company that has built out its own credit rating infrastructure and own qualified collection service equipped with high technologies and technical means. During the period 2011-2018 the company has scaled its profitable growth model throughout Russian Federation, having opened offices in the 30 major cities of the country. With its own developed product — Installment Consumer Loans — the Company performs with the figures that distinguishes it as a leading lender in the sector: customer retention rate 62%, EBITDA margin 41% and NPL 90+ 12% under the financial year 2017.

Leningradsky pawn shop network

The company has started its operations in August 2015. Twenty-plus pawn shops have been launched in 5 regions of European part of Russian Federation within the first year of operations. Pawn shops specializes on operations with jewelry and gold. There are two services provided — jewelry buyout and lending backed by jewelry or gold. Ninety-six percent increase of sales revenue within the period August 2015 – August 2017, 29 months operating and investment costs recovery, customer retention rate at 76%, resulted in 23% ROI at the end of 2017.

Information and Communication Systems Ltd (“SIIS”)

Information and Communication Systems Ltd (“SIIS”) is a privately held company that was founded in May 2009. SIIS develops software products and telecommunication systems. The company specialists are highly skilled programmers and system administrators with experience in the information technology field. SIIS offers a wide range of services with an emphasis on modern comprehensive data processing and web analytics. During the last year the company’s flagship software product Survey-Studio has registered 2300+ analytical projects with more than 1500 questionnaires containing more than 64000 questions. Altogether, the system recorded more than 6500000 interviews with more than 67000000 collected answers. At this point Survey-Studio has more than 190 registered customers including large private and government organizations like Russian Public Opinion Research Center (VCIOM), Public Opinion Foundation (FOM), NAFI Research Center, Validata research company.

What we do

eCoinomic.net provides a scalable solution for fiat lending to the cryptocurrency owners. During the first stage we create a lending platform that connects individual borrowers with institutional investors’ and family offices’ financial resources. During the later stages we add a variety of financial services including full-scale banking services.

What value we offer to the users

Easy access to fiat money loans backed by cryptocurrency (Stage 1). Full spectrum of banking services in the cryptospace (Next stages).

What value we offer to the cryptosphere

We increase the liquidity of the cryptocurrencies by attracting fiat money from financial organizations. We bridge the gap between crypto and traditional financial assets.

Existing problem

Currently, digital assets are not widely recognized as financial assets and therefore cannot serve as collateral. At the same time, selling cryptocurrency for short-term cash withdrawal and then repurchasing it becomes a risky and unprofitable measure due to a high volatility and commissions of intermediaries.

The rapid growth of the value of digital assets creates a dilemma for their owners: on the one hand they require funds for business development / renewal of miner hardware / improvement of their living conditions, on the other hand they seek to preserve their cryptocurrency with the aim to increase its value significantly and in a short time.

Getting a loan in cash requires time for considering an application, collecting additional documents, assessing the collateral or presenting a guarantee. Ultimately, the bank can deny the loan due to an inadequate or unfavorable credit history.

At present, creditors do not accept digital assets as collateral, that makes it impossible to obtain real money against a security of cryptocurrency through traditional financial institutions. And private creditors do not guarantee security and transparency of the transaction.

How do we solve it

eCoinomic.net creates a global network that lends fiat money to individuals and small businesses using crypto assets as a collateral. Thus there is no necessity to sell crypto assets to get a loan. eCoinomic.net platform serves as an intermediate service between financial institutions that act as lenders and the individuals that act as borrowers.

eCoinomic.net takes the role of a guarantee for financial institutions — all the risks associated with a lending procedure are elimina eliminated by eCoinomic.net that provides full financial coverage of the loan.

eCoinomic.net brings financial institutions such as investment banks, family offices and funds to the platform. eCoinomic.net business model offers a solution of low-risk profitable investments to financial institutions. eCoinomic.net brings more liquidity to the cryptosphere by attracting such investments.

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Team

Aleksei Smolianov CEO/Co-Founder Maksim Akulshin Architect/Co-Founder Vitalii Topor Managing Director/Co-Founder Maria Smolianova Business Development Director/Co-Founder Alpamys Tatishev Investor Relations Director Nikita Vdovin Financial Analyst Serg Archibasov Back-end Developer Philipp Pogorelov Front-end Developer Nataly Bogdanova Marketing Team Lead Ilya Engalychev Marketing Manager Danil Ostanin PR Manager Tasha Sokolova Digital Marketing Manager Roman Shvartcman Chief Financial Officer Iaroslav Marakhonov Head of Communications Olga Lim Specialist in Korea relations Anastasia Bokova UX/UI Designer Aleksei Trizno Software Development Director

eCoinomic Advisors

Stewart Stewart Investor Relations Advisor Peter Vlasov Technical advisor PhD, Ruhr University Bochum Warren Whitlock Blockchain Business Advisor & Influencer Simon Choi Legal advisor Jason Hung Strategy & Marketing Advisor

Milestones

2017 Origin of the idea.Conducting cryptocurrency market research, technical solutions evaluation.Working team assembly, concept development.

2 Q1 2018 First public information on the project.Early-stage development of the platform.

Q2 2018 Pilot project launch in Russian Federation.Token Sale (Pre-sale stage).International platform alpha release.Token Sale start.

Q3 2018 Obtaining of licenses, developing solutions for different jurisdictions.Token Sale finish.Partnership with top global payment agents.Signing the Letters of Intent with financial institutions and family offices.

Q4 2018 Virtual cards issue.eCoinomics.net payment agent with open API launch.Platform launch - November for early adopters, December - public.

Q1-2 2019 Finance transfers from financial institutions and family offices.Expansion through global partnership with local microfinance organizations.Legal procedures for bonds issue.

Q3-4 2019 Cooperation and technical connection with trading platforms.Issue of bonds.Procedure of crypto bank registration start.

Q1-Q2 2020 IPO procedure initialization.First stage crypto bank launch (licensed in the UK and EU).