EthicHub - Investing with Impact

What is Ethic Hub?

Ethic Hub is a transnational decentralised Crowd-Lending platform that directly connects investors from around the world with groups of small unbanked farmers which are selected by a Local Node (project collector) based on their trust circles, democratising the access to financing and allowing money to have no borders. Detected business opportunity consists on contacting groups of small farmers from developing countries who currently offer to pay high interest for cash loans without leaving record of such payment history, with investors in markets with excess liquidity, allowing investors to obtain high returns for their money and at the same time, provide better interest rates for farmers. This is possible due to the difference in the cost of money in their respective economic zones. These farmers do not have access to banking and due to the lack of private capital available in their geographical area, they must bid to get it, because the lender has limited capital. This means that they offer to pay interest even higher than 120% per year in order to obtain the required financing, because their crops generate enough benefits to cover it, even if their own profit gets reduced.

EthicHub Capital & Credit Blockchain Crowdlending

If you are a small producer that wants to borrow from this platform, you will have to know about some of the terms and conditions. To start with, the loans range between € 1,000 and € 2,000 per person. This is the initial phase that targets farmers from Chiapas, Mexico, an area that has been carefully studied. It also takes into account the default rates, and the access to credit facilities by unbanked people in the society.

If you have ideas that can help to make this project better, you can give your feedback through Telegram and Rocketchat. Participation in such chats is open even to those that only purchase tokens during the pre-sale period.

FEATURES

The use of Blockchain technology provides the necessary security and confidence to handle cryptocurrencies on international financing, allowing for a real p2p thanks to SmartContracts, thus reducing the cost of conventional money (FIAT) transferring.

Only positive impact projects: Focused on unbanked farmers with profitable productive activities, which are part of a community with trust circles we want to convert into value. By participating in Ethic Hub, their digital identity will be generated, registering a credit history that may give them access to better credit conditions (even outside the platform).

The Local Nodes (project recruiters) are able to make a correct identification and evaluation of the projects since they personally know the borrowers and their community, and they are trained to connect them with the platform’s technology and through it, directly with the investors. They are also properly incentivized and aligned with the success of the projects they propose, since they only obtain benefits when the project’s result is positive.

Guarantee fund that purchases investors’ credit rights, minimizing the risk of default for the lender and allowing for an ethical debt recovery.

What Makes EthicHub Different?

One of the most notable aspects of this program is that commissions are only charged when there is success. Since their strategy is based on people, and their objective is to boost success, they will not charge anyone for a loan that has not been paid. The local Nodes are people who have strong ties to the community that they operate in and therefore, they understand best how to go about it. This is the reason they have had an overwhelming response from the community.

EthicHub ETHIX ICO Details

The main sale of this startup will begin in 76 days. The start date of the campaign is 20 November 2018 and the end date is 18 December 2018 with total amount of 10000000 coins planned to be sold.

During the crowdfunding, the price for 1 token will be 1 Ethix = 0.64 USD. EthicHub ICO prediction algorithm is showing that the value of 1 Ethix could move up +21.51% once EthicHub is listed on exchanges when compared to the issue value during the token sale. This forecast is based on the same analysis calculated from “Investment” category and located in Spain ended campaigns.

Ethix is a ERC20 standard token, which is built on the Ethereum platform. As for the ICO targets, the team is trying to raise 500,000 USD for a Soft cap and 1,500,000 USD for a Hard cap. If you are interested in participating in this campaign, then ETH, BTC, Fiat can be accepted to buy Ethix tokens.

Conclusion

The main purpose of Ethic Hub is to provide an alternative crowdfunding option to people who are not comfortable with those that have been around for longer. Rather than relying on data mining from various agencies, this platform takes a personal approach. It is the reason they know how to tailor the loans depending on the specific needs of applicants. In addition to this, they always connect with both the borrowers and investors to keep improving this platform.

For more information, please visit the link below:

Bounty0x Username : Radentraffi

Website: https://ethichub.com

Whitepaper: https://storage.googleapis.com/stateless-landing/documents/EnglishWhitepaper.pdf