ICO
We are planning a token sale event (ICO) in the size up to $50m to facilitate the development of our p2p lending platform and a line of credit products.
What is RAD token?
RAD token is issued to fund the development of RAD Lending Platform and a family of credit products built on it.
RAD Lending platform is based on a concept of peer-to-peer (p2p) lending with credit products secured by borrower’s crypto assets.
• A family of credit products will start with:
• RAD credit card with grace period and a credit limit secured by borrower’s crypto assets
• Personal loan secured by borrower’s crypto assets
After a successful launch of the platform:
• RAD platform will collect 1.5% origination fee from every credit product or loan
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The revenue will be distributed by smart contract to token holders monthly.
Token Structure
Out of 130,000,000 (one hundred thirty million) tokens created during the ICO, 45% will be available for purchase by the public, 30% will be created for the founding team, early investors, and technology platform, 5% will be attributed to the team of advisors.
20% of tokens will be saved in a capital reserve and attributed for possible future fundraising if necessary – this is aligned with the “playing safe” concept and will allow a company to keep expanding even in unfavorable conditions.
Token structure:
• 45% - public
• 30% for the founding team, early investors, and technology platform locked for 3 months
• 20% reserve tokens for future funding rounds (these tokens may never be sold if the second rounds will not be needed)*.
• 5% for advisors, locked for 3 months
Use of funds
Milestone goals
Development of our lending platform and credit products together with our regulatory compliance, business development, and marketing efforts are combined into tiers, with each tier representing the scope of work and the amount of funding needed.
1. 5,000 ETH Minimum investment goal
1-year runway
• Launching RAD Credit card MVP
• Launching RAD wallet app MVP
• Launching p2p RAD lending platform MVP
2. With additional 20,000 ETH raised
2 years runway
• Expanding functionality
Capital One was founded on the vision Richard Fairbank and Nigel Morris had regarding the potential profitability that could be made from customizing credit card products based. “Capital One now is one of the largest issuers of master card and visa credits in the world.” Recently, due to a new marketing campaign, Capital One predicts an increase in demand for fund loan approval. Based on the current levels of capacity, the loan department will not be able to accomplish their targeted goal of 700 applications per month. Our proposed plan is aimed at accomplishing a higher level of utilization and capacity through modifications on the current loan approval process. Since
— Often, venture capital firms preserve an appropriate percentage of their funds to participate in follow-on fund raisings
Our investment strategy is to generate current income and excess risk-adjusted returns for our investors by originating or acquiring loans that are primarily secured by first priority mortgages, deeds of trust, or similar instruments on improved or unimproved real properties (the "Loans") located primarily in the Western part of the United States.
As shown in the ratios chart, working capital has increased by $13M. Maturities of short-term investments and cash flow from operations are projected to be sufficient to sustain the company’s overall financing needs, including capital expenditures. The following corporate strategic plan identifies a project that needs financial backing.
As shown in the ratios chart, working capital has increased by $13M. Maturities of short-term investments and cash flow from operations are projected to be sufficient to sustain the company’s overall financing needs, including capital expenditures. The following corporate strategic plan identifies a project that needs financial backing.
deliverables. Management has also allocated funds for a risk mitigation plan and a BIA plan. Because of
The sales of the company are already up by 15% they are trying to increase the sale by anther 18% by end of this year. This means they want to have an increase in profit by a double-digit number.
For current assets for each of the following three years, we are projecting the same percentage of 32% of sales. Assets that are constantly flowing in and out of a organization in the normal course of its business as cash converted into goods and then back into cash show small growth if any, in periods of time. The assets that are expected to last or be in use for less than one year will also show the small growth if any due their usage life expectancy. Because of these facts of our current assets, we will continue to use the projected 32% of sales as in previous years. Because this projection served correctly in previous years, we will again use it for the next three years. This decision is based on past accurateness and the consistency of the company.
“Over the life of the program Treasury purchased $205 billion in preferred stock and subordinated debentures from 707 different qualifying financial institutions (QFIs) in forty-eight states, the District of Columbia, and Puerto Rico. The ten largest investments accounted for $142.6 billion of the program. Three hundred thirty-one of the 707 recipients
Our final part is aiming at providing sufficient cash flow and funds for both daily running and investments. We will issue long-term debt to
There will be use of Crocs discount codes that lessen your worries and you must be eager to get your solutions to buys you are confident in putting in to use as you would want to buy through tokens that you instill in use.
As shown in the text in Exhibit 6, using a 5% annual growth rate to infinity would only yield a total PV of $35 million. Selling a 60% equity interest to Sierra Capital Partners for $40 million would barely cover the cash insufficiency Sierra projected for next year (2005). This tells us that there is a need for further, more extensive financing for the years to follow (2006+).
National, Inc. will continue to specialize in serving individuals who have less than perfect credit or who are self−employed and cannot qualify for conventional loans. The company was formed to provide loans to this niche market. The company utilizes the most current technology to enable it to not only provide competitive pricing but also excellent service. In the future, we plan to offer complementary products such as secured credit cards and debit cards, insurance, and other investment tools. It is rare in today 's business world to find a true market void. That is exactly what National has done. It has combined the latest in technology with an unfilled need and promises to deliver a high quality product at a competitive price. Our services have limited competition in Washington and even nationally because of the nature of our clients. We have built an excellent reputation in the area and wish to capitalize on it to enter the national marketplace. To reach an even larger market we will develop and utilize a web page on the Internet.
that they will allocate it to 4 arrangers, 4 co-arrangers and 2 lead managers totaling number of banks as
Many point out that P2P lending can pose a significant threat to traditional financial and banking institutions because of the benefits that it presents. These include: comparably low interest margins due to their low managerial costs and because the platforms do not themselves assume any risk vulnerability; the potential to make loans to customers who may have been rejected for loans by established banks; and