We wanted to address those questions that remained unanswered in our last AMA. Our responses below. Stay tuned! More exciting news to come soon.

1 — Are there any plans to immediately expand outside of Latin America?

RCN is a global protocol which already has been partnering with companies outside Latin America.

2 — As an early Bitpagos seed investor I am wanting to know an IPO timeline or exit piggybacking on Ripio’s success. Can you give some insight/timeline?

This information is not public, you can contact Ripio management team and we´ll be happy to discuss the matter privately.

3 — Do you think that co-signer will impede borrower from using your platform?

In case of Default the Cosigner will pay the agreed portion of the debt on behalf of the Borrower. Afterwards, it will carry out the relevant collection procedures to recover the balance of the debt at the time of the default. The default event itself will negatively affect Borrower’s credit history. Lenders and Cosigners who evaluate subsequent applications of this Borrower will see this bad event reflected in the borrower’s score and won’t lend it or else will do so at much higher rates and fees respectively.

4 — Whether you can set up an official telegram group, so that players can communicate with the team. Currently, we are completely isolated, we can only understand the progress from Twitter, but we can not communicate with the team in real time.

We have a telegram official channel here: https://t.me/RCNchat. You can connect with the company directly at info@ripiocredit.network.

5 — Could you let us know when can we expect the full deployment of your protocol, beginning of April or end of April?

The protocol has been fully deployed, now we are working in version 2 that will be soon announced and publicly released.

6 — What is the marketing strategy? Meaning how do you plan to make people aware that there is third party lender available? How do you explain “Why” RCN is really really needed? Please create more articles, share more information and create easier accessible approach in addressing the market.

We have many different plans for this year when it comes to marketing. Just to give you a sneak peek, we are expanding the marketing team, we will speak and sponsor many of the top events on the industry and we will be developing content to increase RCN´s awareness within the developers & tech community specially. We are also working constantly on business development and we have a lot of partnerships down the pipeline that we will be announcing over the year and will be covered by premium industry websites.

7 — RCN is just protocol ? Integrator should provide wallet providers and agents? Do we have some built int agents for example ID Verifier should be written by integrator or it’s ready solution by Ripio team.

RCN is a protocol and the company behind the protocol is developing the network to allow more agents to participate including wallet providers and ID Verifiers. Agents will need to integrate directly and RCN company will help to smooth this process.

8 — I believe some of the loans provided on the Ripio exchange had issues with scalability and network fees. Are there any plans to move to a platform which is more scalable and free of fees? A good example would be NEO.

We are deploying the v2 of the protocol that is addressing the scalability issues of v1. RCN is designed in an agnostic way so in the future we can evaluate if it is necessary to migrate the protocol to a different blockchain.

9 — Is RCN considering partnerships for the verification/credit assessment? Say Bloom or SelfKey?

We already have partnered with Bloom and we are considering that there will be several provider of ID verification and scoring assessment in the near future.