Small and Medium Enterprises (SMEs) depend on finances to survive. They use money to pay certain bills, buy equipment, pay workers salary, etc. The challenge here is that getting loans from banks are difficult to obtain with high interest rates and especially for those that are not residents of the country, the rates are even higher or they don’t have access to the loans at all. Another challenge the delay of getting such loans which can run into weeks and even months and all these can affect the overall functioning of the business. Luckily, The Deal Limited, a company with a sound financial background and record set up a platform called the We Fund Any Deal which presents a solution to the challenges faced by these SMEs. The platform is based on blockchain technology and on the new Ethereum ERC827 protocol which ensures direct, secure and transparent transactions between creditors and borrowers. Using smart contracts, the platform guarantees fast transactions at a cheap rate regardless of the country of residence.
BENEFITS OF THE DEAL COIN
• The interest rates on loans will be the same for everybody regardless of the country you are.
• Using the platform, borrowers and lenders are sure of security and transparency as loans are insured and paid through smart contracts.
• There is equality in the loan process i.e. anyone is eligible to acquire a loan.
• Through the use of the deal coin token, there is less cryptocurrency volatility.
• No third party involvement
TOKEN DETAILS
The DLSD token is a utility token based on the new Ethereum ERC827 protocol used for transactions and services on the platform. Other accepted currencies are Bitcoin, Ethereum, Fiat, and Ripple currency. The ICO will start in June 2018 and end on the 10th of June 2018 with the total token supply of 1,000,000,000 DLSD at the price of $0.10 per token. The soft cap is valued at $5 million while the hard cap is valued at $50 million. The unsold tokens will be kept at the treasury for future use after the ICO.
TOKEN DISTRIBUTION
Bounty – 4%
Advisors – 6%
Development Team – 10%
Founders – 15%
Token Sale – 65%
FUND ALLOCATION
Legal & Compliance – 20%
Operational Costs – 25%
Platform Development – 35%
Marketing – 20%
ROADMAP
May 2015 – We fund any deal company formation
September 2015 – Finance broker platform developed in UK
November 2015 – Regulatory status considered
February 2016 – P2P funding strategy discussed
September 2016 – P2P crypto lending platform concept agreed
January 2017 – Research commenced
March 2018 – New Company formed, The Deal Limited
June 2018 – Pre-sale commences
July 2018 – Token Sale closes and the Deal Coins are allocated in accordance with this whitepaper
April 2019 – Go live first deals being funded
Late 2019 / Early 2020 – The launch of our P2P consumer finance strategy
THE DEAL COIN TEAM
Michael Morrison – CEO
Nassim Taleb – CIO
Rajat Jain – CTO
Tarlock Singh – CFO
Sofiane Taleb – Marketing Manager
Chris Jones – Sales Team
John Taafe – Development Team
David Mowatt – Compliance Team
Paul Manning – Non Executive Director – Global Finance Investment
Ian Mackrell – Non Executive Director – Corporate & Structural Finance
Kunalan Sivupuniam – Advisor- Property Developer & Investment
James Eastwood – Senior Associate – Blockchain & Media
Jason Patterson – Senior Associate – Blockchain & Crypto
Darren Magee – Advisor –Waste to Energy & Medical innovations
Clement Chambers – Advisor
Nick Kurat – Blockchain Advisor
Tim Kozak – Technology Advisor
Yale Reisoleil – Advisor
Matthew Collom – Advisor
For more information please visit the website and connect with other users worldwide on any of the social media platforms listed below:
Website: https://thedealcoin.com/
Whitepaper: https://thedealcoin.com/wp-content/uploads/The-Deal-Coin-Whitepaper.pdf
Telegram: https://t.me/thedealcoin
Twitter: https://twitter.com/wefundanydeal
Facebook: https://www.facebook.com/wefundanydealcom-949135491807193/
Published by: ogtejiri
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1790132
Ethereum wallet: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6