The main team, which is sometimes referred to as the “backbone” of the Brainysoft Company (formerly eStable web), has been developing automated accounting systems in the fieldof microfinance since May 2002. Its first projects were carried out in Central Asia under the terms of reference of the CAMFA — Central Asia MicroFinance Alliance. The first industrial version of the product was called eStabl WEB, and was successfully implemented in Kazakhstan.Starting in 2008, eStabl Web has also been implemented in Russian companies. The success of the product can be attributed to the use of a cost-effective stack of technologies, as well as the high qualifications of the team’s experts in the field of microfinance, as well as their experience, accumulated over many years of work in this field.
1. You can’t apply risk-analytics to yourself
2. Trust system statistics
3. The problems involved in building your own credit business
4. World population growth
Cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies. Cryptocurrency, and Gelios tokens especially, allows people to allocate capital globally without commissions and regulatory clauses. This is impossible with fiat currencies. Why use our own token: Hard-fork precedents in Ethereum , Bitcoin and Monero blockchains make it impossible to build stable, sustainable long-term-oriented platforms on tokens or cryptocurrencies.
Money transfer process
When the lender agrees to make the loan, a smart-contract with a unique ID will be created and will send the Gelios tokens from the lenders to the customers. The process will be the same for the return of funds.
The Token’s Role
1. Providing value worldwide
2. Microtransactions between parties
3. Secure way to stabilize platform (we can be sure that no hardfork will destroy ecosystem)
Token Generation and distribution
The financial plan is going through 3 years to final product. In case of soft-cap it is 1 million dollar annually or 83000$ monthly.
50% — marketing of platform – borrowers acquisition, conferences for platform marketing
40% — development and staff
10% — unplanned issues