GN Compass - Platform for peace of mind, worry free investing

GN Compass is a peer-to-peer lending platform that provides Cryptocurrency-Backed Loans TM to create constant liquidity in the lending market. This is accomplished by allowing investors to sell portions of loans in their portfolio.Our company and token are fully backed by our $140 million collateral-bond held in our Swiss trust, this will help protect the coin against price volatility and protect investors that invest in GNCT. We are the first project to offer a fully backed token.

STO/ICO Status

Status
Successful
Symbol
GNCT
Start Date
2018-04-09
End Date
2018-04-30
Amount Raised
$503,062
Soft Cap
500,000 USD
Hard Cap
14,000,000 USD
Initial Price
1 GNCT = 0.30 USD
Token Supply
...
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Basics

PlatformEthereum
TypeERC20
AcceptingETH
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

Bonus

    About

    What problem does GN Compass solve?

    For Lenders:

    GN Compass provides Cryptocurrency Backed Loans ™ to create constant liquidity in the lending market. This is accomplished by allowing lenders to sell portions of loans or their entire portfolios.Lenders are not locked in to the term of a loan and can liquidate their loan positions for any reason (E.g. financial hardship, increased GNCT price etc.), only after a certain no-trade time period has been reached.The buying investors will reap the benefits of the loans being paid back by borrowers while the selling investor still makes a profit. By using blockchain technology to verify and distribute all transactions across the Ethereum network, it guarantees transparency. Lenders also have their funds backed by GNCT which protects their principal investment.

    For Borrowers:

    Borrowers can access funds at a fraction of the time compared to banks and pay lower interest rates. For example, a standard credit card typically charges a 19.99% interest rate; our highest risk rating is “D”, which falls under our micro-loans division and has an APR of16.99% which is also the highest interest rate a borrower will be charged on the platform. Also, we have our own credit system that doesn't just use consumer aggregation (credit scores) to make loan decisions. Borrowers also have the opportunity to increase their GN Compass credit rating with timely payments which will grant them access to borrow higher amounts in the future and receive GNCT for their good payment history

    Team View All

    Michael Collins
    Michael Collins
    CO-FOUNDER & CEO Product & Design
    Jean Pierre Rukebesha
    Jean Pierre Rukebesha
    CO-FOUNDER & CFO
    Jordan Tymburski
    Jordan Tymburski
    SENIOR SOFTWARE ENGINEER
    Lee Raj
    Lee Raj
    ETHEREUM DEVELOPER AND BLOCKCHAIN CONSULTANT
    Subramanian Venkatesan
    Subramanian Venkatesan
    SOFTWARE ENGINEER, BLOCKCHAIN AND SMART CONTRACT SPECIALIST
    Sunshine Reyes
    Sunshine Reyes
    MARKETING EXECUTIVE