Welltrado
Welltrado
Welltrado is an already operating scalable blockchain-based platform that seeks to enable investors to buy and sell loans from thousands of different loan providers globally, invest in peer-to-peer lending funds (P2P) and manage investment portfolios.
Information
- ICO Time:
- 30.04.2018 - 25.06.2018
- Ended
- Hard Cap:
- 65000000 WLT
- Platform:
- Ethereum
- Restrictions:
- USA
- Website:
- https://welltrado.io
Team
- Tomas Medeckis
- - CEO, Co-founder
- Kim Nielsen
- - CDO, Co-founder
- Zygimantas Stancelis
- - CTO, Co-founder
- Arturas Svirskis
- - CBDO, Co-founder
- Povilas Urbonas
- - BDO, Co-founder
- Aiste Paliukaite
- - Business development manager
Advisors
- Wolfgang Richter
- - Executive partner at DWF law firm
- Tomas Martunas
- - Managing Partner GoldfishFund
- Xiaochen Zhang
- - CEO Blockchain Frontier Group President, Fintech4Good
- Ignas Mangevicius
- - Blockchain-Based Systems Developer, edgeless.io co-founder
- Darius Barusauskas
- - A credit risk scoring expert
- Mike Boris
- - Managing partner at GB&Partners
- Cristobal Alonso
- - CEO at Startup Wise Guys, the leading B2B accelerator in Europe
- Edward W. Mandel
- - Blockchain advisor
- Phillip Mcfall
- - Bloomberg L.P. Financial Sales and Analytics
- Sally Eaves
- - Global Strategy Advisor - FinTech Blockchain AI
- Nick Evdokimov
- - ICO Advisor, Founder of ICOBox
Description
P2P lending is a market that is currently experiencing explosive growth. The global
market volume reached $114 billion in 2017, with no sign of slowing down.
However, this expansive growth has presented three major problems:
Difculties in diversifying and managing investments.
Issues with transparency and reputation.
Problems with the mobility of cryptocurrency and assets across borders.
We propose three solutions to them:
Cross platform loan aggregator with ratings and blockchain.
Welltrado P2P fund for global and cross-border investors.
Portfolio management of loans across platforms in a single dashboard.
Welltrado is already an experienced player in the P2P platform market, with an early version P2P platform aggregator already up and running. Through our business and experience, we have identified these problems as some of the biggest obstacles facing the P2P market.
That is why Welltrado aims to develop three distinct tools for investors, which are designed solve these issues and help P2P investments grow significantly. The following white paper details the Welltrado project and its products, provides a market overview, in-depth description of market problems and solutions, as well as the associated Welltrado ICO and token system.