Topic: [ICO] [ANN] FIC Network: Bonds on Blockchain - page 14. (Read 2241 times)
Guys please tell me where is your bounty thread?
ICO Analysis: FIC Network
Published on April 25, 2018
By Kent Hamilton
Verdict
Combining the crypto and fiat fixed income market will help make the future crypto market mainstream and sustainable. Existing crypto tokens are operating as currencies or utilities without a fixed-income offering. A crypto and fiat fixed income market can sustainably drive the crypto market into mainstream usage better than the conventionally fixed income market. FIC’s blockchain-based platform will allow users to list, buy and sell any type of crypto or fiat fixed financial instruments avoiding the drawbacks of conventionally fixed income markets such as friction, lack of liquidity, lack of interoperability, asymmetry of information and operational risks. A multi-currency asset agnostic system with a built-in exchange allows users to operate in currencies of their preference, thus eliminating exposure to exchange rate risk and simplifies accounting.
Risks
The FIC Network and app aren’t scheduled to be launched until Q4 2018. While Q4 isn’t too far in the future, many ICOs have over-promised and under-delivered when it comes to their roadmap progress after ICO completion. -1
As with many ICOs, the majority of the team has outside obligations which result in time being spent elsewhere and not 100% focused on the success of the project. -1
Regulations for cryptocurrencies are still undetermined and the outcome on how they will affect ICOs’ dealing with securities, such as FIC Network, is unknown. –1
Growth Potential
FIC Network has an MVP – distributed app (dApp) eDepository, which has already been developed and deployed on their Test Network. It allows publishing and managing assets on the blockchain network. +3
The team has the right mixture of talent and experience to bring this project to fruition as well as multiple advisers and venture capital backing. +3
Token metrics are an extremely important aspect that investors research to determine if an ICO is worthy of investment. A fairly low hard cap of $16 million USD, 50% of tokens being sold during the token sale, and a fixed supply are considered positives. +3
Disposition
With the uncertainty of this market, some investors may choose to remain on the sidelines. However, with the profit potential in this incredibly large market, those that take the plunge could end up with excellent returns if all goes according to plan. FIC Network receives a rating of 6 out of 10.
Proof: https://hacked.com/ico-analysis-fic-network/
Published on April 25, 2018
By Kent Hamilton
Verdict
Combining the crypto and fiat fixed income market will help make the future crypto market mainstream and sustainable. Existing crypto tokens are operating as currencies or utilities without a fixed-income offering. A crypto and fiat fixed income market can sustainably drive the crypto market into mainstream usage better than the conventionally fixed income market. FIC’s blockchain-based platform will allow users to list, buy and sell any type of crypto or fiat fixed financial instruments avoiding the drawbacks of conventionally fixed income markets such as friction, lack of liquidity, lack of interoperability, asymmetry of information and operational risks. A multi-currency asset agnostic system with a built-in exchange allows users to operate in currencies of their preference, thus eliminating exposure to exchange rate risk and simplifies accounting.
Risks
The FIC Network and app aren’t scheduled to be launched until Q4 2018. While Q4 isn’t too far in the future, many ICOs have over-promised and under-delivered when it comes to their roadmap progress after ICO completion. -1
As with many ICOs, the majority of the team has outside obligations which result in time being spent elsewhere and not 100% focused on the success of the project. -1
Regulations for cryptocurrencies are still undetermined and the outcome on how they will affect ICOs’ dealing with securities, such as FIC Network, is unknown. –1
Growth Potential
FIC Network has an MVP – distributed app (dApp) eDepository, which has already been developed and deployed on their Test Network. It allows publishing and managing assets on the blockchain network. +3
The team has the right mixture of talent and experience to bring this project to fruition as well as multiple advisers and venture capital backing. +3
Token metrics are an extremely important aspect that investors research to determine if an ICO is worthy of investment. A fairly low hard cap of $16 million USD, 50% of tokens being sold during the token sale, and a fixed supply are considered positives. +3
Disposition
With the uncertainty of this market, some investors may choose to remain on the sidelines. However, with the profit potential in this incredibly large market, those that take the plunge could end up with excellent returns if all goes according to plan. FIC Network receives a rating of 6 out of 10.
Proof: https://hacked.com/ico-analysis-fic-network/
On FIC Network, you will be able to list, buy, and sell any type of crypto or fiat fixed income financial instruments
Pre-ICO ended already?
What is the difference between eFic token and Fic token?
Please explain will it be required to complete KYC procedures for token buyers?
The multi-currency distributed ledger and built-in currency exchange will allow the participants to use, list, buy, and sell financial instruments in their preferred currency.
I hope FIC will create a secure and more trustless P2P network which can connect all participants regardless of financial scale.
please can someone share the bounty thread
FIC Network is a decentralized fixed income network that for listing and trading credit financial instruments.
The team have a very decent purpose: to bring stable passive income opportunities to the crypto markets.
Guys tell me please when the public sale starts?
Join the public sale (starts on May 7). Please use official media https://ficnetwork.com/en
FIC Network is the world’s first fixed-income network for cryptocurrencies.
Guys tell me please when the public sale starts?
Haven't found the info so maybe I could ask here. Who if at all are your similar competitors? And how does FIC Network differs from them? Thanks
Thanks for the question! The similar competitors would be Polymath and Blockex. We have different roadmaps and target markets though.
I would like to ask if there is an Airdrop or Bounty Campaign?
Try to open on his website, all the information about bounty or airdrop project are all there.
With FIC Network traditional and crypto lenders will be able to list and sell their loan portfolios into primary and secondary loan markets. Also investment banks will be able to create and manage finance products directly on the FIC distributed ledger.
this project has run a coin sales program presale, has it reached the sales target? and also at the time of ICO, how much total supply of coins will be allocated to ICO and what if there are unsold coins, whether to burn
I would like to ask if there is an Airdrop or Bounty Campaign?
FIC will accelerate global economic growth by enabling financial institutions, businesses, and individuals to lend and borrow crypto and fiat assets, and securitize crypto and fiat debt.
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