Fiat Pegged Coin Based Loans
CAMANA BAY, CAYMAN ISLANDS, September 9, 2017 /EINPresswire.com/ — Global Investment Service Corp is an existing company with a variety of products and programs including non-recourse stock loans, equity lines of purchase, structured transaction financing and convertible bonds. With the emergence and fast progression of the cryptocurrency landscape comes cryptocurrency lending as a service. Enter the GISC Loan Coin ICO! GISC will act as a collateralized lender that partner with peer-to-peer customers seeking liquidity without selling their coins through structured crypto loan products.
The GISC blockchain-based platform utilizes ERC-20 smart contracts to enable its token holders to participate in the funding of companies and individuals globally in need of capital through structured Crypto loans. GISC will be the first company to market crypto currency loans using customized terms with LTV’s and low Interest Rates against major coins such at BTC, Ethereum, and LTC and select Alt-Coins which meet our lending criteria. GISC will utilized its blockchain platform for non-smart contract loans and P2P platforms such as ETHLend for ERC-20 coins will serve as the main marketplace for borrowers. Alternative lending is going mainstream in the same way Shadow Banking became part of the worldwide financial system. Most estimate put the Shadow Banking market size at $100 Trillion dollars. Cryptocurrency lending is the next stage in financial innovation and will be adopted worldwide. GISC will incorporate Coin Based Loans in Stage 2.
Why hold GISC? GISC is a Cayman Island based company operating in a more crypto friendly regulatory environment. Token holders should benefit from correlated market value increases with the rapid increase in the crypto values and adoption over time. Token holders will also receive and participate in the quarterly distribution of net profits. As the company grows, so will the total profitability of the company, hence driving the value of the coin even higher over time as distributions increase simultaneously. 25% of net profits will be distributed to token holders! Token Buyback at the end of year one. 20% of the distributed tokens during the ICO are assigned to the founders. 50% of these tokens are vested over 6 months the other 50% are vested over 1 year. This shows that the management believes in the long term value of the business. GISC has put together a solid team. Unlike a number of other ICO going public, GISC business model is already proven to be profitable in all business cycles.
GISC LoanCoin ICO Specs:
Private Pre ICO Starts: August 8, 2017, 12:01 AM, UTC
Second Stage ICO Opens: September 13, 2017 12:01 AM UTC
Second Stage ICO Closes: November 13, 2017 12:01 AM UTC
Unsold Tokens Burnt
ICO scale: 60,000,000/Unsold Tokens
Accept currency ：ETH/USD
Minimum Funding: 2,500,000 USD
Soft cap: 25,000,000 USD
Price: 750 GIS / 1 ETH invested (in ETH equivalent)
Total tokens with Bonus 975 GIS=1 ETH
GISC ICO Goal
The goal of this ICO is to collect funding to finance the origination of the pipeline of high yield structured loans backed by liquid equities listed on non-US exchanges; primarily in the Asia Pacific and EU markets and fund crypto loans against any suitable Alt-Coin to produce ROI to GIS token holders.
Eligible Crypto Collateral
• Metal Pay (MTL)
• Stratis (STRAT)
• District0x (DNT)
• Neo (NEO)
• Qtum (QTUM)
• OmiseGo (OMG)
• MadeSafeCoin (Maid)
Others will be added as development continues.
The GISC LoanCoin Token crowdsale participants will receive their GIS immediately after their contribution to their ERC-20 supported Ethereum Wallet. These Tokens will be listed on multiple crypto currency exchanges. Also, token holder will be entitled to redeem their token after the first 12-month period to preserve token value. Interested investors and crypto currency community members can participate in the GISC crowdsale by visiting the GISC LoanCoin website.
Global Investment Services Corp.
+852 2892 7611
email us here
Source: EIN Presswire