THE DEAL COIN - The Future of Peer To Peer Lending

in #cryptocurrency6 years ago (edited)

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The dream of every businessman is to have a business that flourishes. However, starting up and managing a business is accompanied with so many challenges, especially for average individuals anywhere in the world. The idea may come very easy but executing it? Not so easy, and this all thanks to the lack of access to funds. The small or medium-sized enterprises (SME) is the sector that continuously suffer from inaccessibility to required finance, and this is the basic thing they need to grow from the grass stage which they are to the position they dream to be. In order to thrive SME’s needs access to finance, so they can acquire desired property, pay workers, buy or rent machinery, build infrastructure or most importantly be able to engage in global trade. This finance have been made available through loans, but the procedures and conditions that comes with it is never encouraging. Different countries have different borrowing rates ranging from 3.51% which we find in the United States to a cumbersome 50% in Brazil, I can bet you wouldn’t want to engage in any loan activity if you are in Brazil. Another discouraging factor is the loans upfront cost, where a borrower pays up to 10% or 15% of the required fund just meeting up with legal, administration, application and the most annoying of them all the intermediary fee. Now let’s talk about countries with lower interest rate, well there’s nothing to be excited about here as it comes with yet another challenge where it can take weeks or even months for you to be approved and not to forget only lenders from your residing country are allowed. I haven’t even mentioned the challenges of accessing international trade finance and supply chain finance, what about its annoyingly high cost and non-transparent nature. The challenges that SMEs face regularly in their quest to access funds are just too many, if we start listing them one after the other it will surely make up a very large dictionary size book. Well the good news here is that these challenges have reached their last bus stop. The Deal Limited, a company with good track record in the finance industry is introducing their multi-solution platform which they call the The Deal Coin Solution.

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Driven by a vision to offer a low cost, fast, fair and easy access of finance to all businesses around the world this team of expertise is introducing their hybrid decentralized Peer to Peer (P2P) based platform that will seamlessly incorporate blockchain technology, security and transparency. They intend to use this ecosystem of theirs to bridge the gap that has existed between lenders and borrowers, and by doing so make a win-win situation for everyone.

THE DEAL COIN LENDING SOLUTION DATABASE (DSD)

The Deal Coin Lending Solution Database (DSD) is the means through which a particular loan on the platform can be made both legally enforceable and immediately insurable. Other services that work in conjunction with DSD are the Smart Contracts, Smart Legal Contracts, Debt Collection & Credit Reference.

DETAILS OF THE DEAL COIN

The Deal Coin will give users the exclusive opportunity to enjoy the numerous services the platform offers.
Token Name: The Deal Coin
Symbol: DLSD
Type: Utility
Standard: Based on the new Ethereum ERC827 protocol
Total Amount Produced: 1,000,000,000 DLSD
Softcap: 5% Million
Hardcap: 50 Million
Price: 1 DLSD = $ 0.10 US

TOKEN SALE DETAILS

The token sale is going to take place in two stages (Pre-Sale and Public Token Sale) and each Pre-Sale week comes with a special bonus offer, so the earlier you take part the better.
Pre-Sale
Week 1: 20% Bonus (Ends 29th March 2018)
Week 2: 15% Bonus (Ends 6th April 2018)
Week 3: 10% Bonus (Ends 20th April 2018)
Public Token Sale
End Date: 25th June (Bonus: 0% )
Duration: 4 Weeks
Accepted Method Of Payments: Bitcoin, Ethereum, Ripple and Fiat Currency
Unsold Tokens: They will be held in treasury for future growth

CONCLUSION

The Deal Coin Solution is unbeatable, it is clearly a concept born by great minds. Businesses from different part of the world will benefit immensely from this brilliant project. I find this project very promising and I can bet after reading through this little of mine, you do too. Well if you want to get more insight about this great project, connect with the team and other participants around the please don’t hesitate to click on any of the links below;

🌐 Website
📃 Whitepaper
📢 ANN Thread
💻 Telegram

TOKEN PUBLIC SALE: LIVE
BONUS: 0%
End Date: 25th June 2018


✍️ Authored By
Gabinsight
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https://bitcointalk.org/index.php?action=profile;u=1742297

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The deal coin, a real solution really !