INTRODUCTION
GN Compass is a lending system where investors and borrowers can exchange value.People are getting lost in the current financial system. Let Great North Compass be your guide to creating value utilizing blockchain technology.With they Cryptocurrency-Backed Loans ™, Compass offers investors good returns on investment plus added security on all funds invested.
HOW IT WORKS
Investors simply sign up and create their profile and investment portfolio and investment portfolio.The investment portfolio page will ask the Investor about their investment goals such as retirement planning, preferred repayment cycle.This is where they will input the amount they are looking to invest and the interest rate they are looking to receive plus the lenght of time they are looking to invest for.
Borowers will sign up by creating a username,password and completing a profile page.They will also have the option to sign up using their Facebook acount ,which will enable GN Compass to conect and pull basic information from their Facebook profile.
GN COMPANY ADVANTAGES
-Investment protection:Loans are backed by GNCT.
-Comprehensive borrower vetting process.
-Loan Liquidity:Entire loan portfolios or loan portions can be sold easily.
-Receive a higher interest rate than many traditional investment instruments.
-Transparecy:All transactions are verified and logged on the Ethereum blokchain and are searchable anytime,anywhere.
-Advanced investment analytic tools that track your investments to make sure your investment goals being met.
-A complete picture credit profile that doesn’t just look at credit scores and income.
-Ability toimprove credit rating by making timely payments.
-Lower interest rates compared to payday loans and high interest loan companies ,
-Flexible repayment terms .
-Speed and ease of use:You can use your mobile device to apply for loans from the comfort of your couch and receive funds 10Xfaster than bank loans.
-Transparency :All transactiond are verified and logged on the Ethereum blokchain and are searchable anytime ,anywhere.
TOKEN ALLOCATION
Total ERC20 tokens created will be 1,000,000,000 GNCT. Valued at $0.14 for 1 GNCT
-20% Or 200,000,000 GNCT Will Be Reserved For Pre-Sale And ICO (Initial Coin Offering) Sale.
-10% Or 100,000,000 GNCT Will Be Reserved To Pay Out Bonuses.
-60% Will Be Reserved To Back Investor Funds On The Compass Platform.
-10% Will Be Held In Reserve.
Sale of tokens are to raise funds for platform development.
TOKEN ADVANTAGES
-Token Buyers Are Protected By Anti-Scam Systems.
-Funds Will Be Refunded To Contributors In Case Of Failure To Reach Targets.
-Bonus Tokens For Early Buyers.
-Loans On The GN Compass Platform Will Only Be Backed By GNCT.
-Tokens Will Increase In Value As Cryptocurrency-Backed Loans ™ Create Liquidity In The Lending Market.
-Investors Can Buy And Sell The Tokens Backing Loans Only In GNCT.
-GNCT are not just tokens but they are an integral part of running the GN Compass platform.
For more info:
Website: https://www.gncompass.com/
Author: SanZoldyck
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=1045517;sa=summary
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