Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:
"An investment in theCreditcoinnetwork will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount ofCreditcointo the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to theCreditcoinnetwork. The system verifies the deal's completion by confirming the exchange of collateral and investment.Once validated, the system sends the CreditCoin attached to the investment to the investor."
Furthermore, miners will be able to select credit history parameters to be protected against various risk models.
Market share
0.03%
Proof type
—
24h Open
$0.85
24h Low
$0.72
24h High
$0.93
Price in BTC
0.00001463568468 BTC
Current Supply
674,696,512 CTC
Total Supply
2,000,000,000 CTC
Market cap
$598,689,408
24h Volume (coin)
4,019,895 CTC
24h Volume (currency)
$3,567,039
24h Total volume (coin)
7,865,639 CTC
24h Total volume (currency)
$6.98M
Last updated
2021-01-20 20:17:47 +00:00 GMT
Date
Price
Volume
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