ICO | Minitcredit |
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Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank. |
Start | September 15, 2019 |
End | October 15, 2019 |
Rating | 2.7 |
Status | |
KYC | Yes |
Founded | |
Categories | Finance |
Discussion |
ICO description, Technical Details and Documents
For a long time, the only way to start a business was to go to a bank or some kind of financial institution and apply for a loan. However, for a lot of people, this was not a good option. In many cases, people fail to meet the bank's criteria, which ultimately leads to not receiving the necessary funds. Banks are well-known for having high standards in that regard, which makes sense, but it also prevents people from starting their own businesses, making a living, and achieving their goals.
Not to mention the fact that there are over 1 billion people around the world that are considered underbanked or even completely unbanked. These are the people that have no access to the global financial industry, loans, credits, and alike.
However, with the invention of cryptocurrency and blockchain technology, this might finally become a thing of the past. The new technologies have led to the creation of countless new services, and loan providers are now among them as well. One of the newest projects that aim to deliver this type of service is actually holding its token sale right now, and its name is MinitCredit.
MinitCredit is a project that is being developed with the goal of issuing small loans to people who can't get the money from banks and financial institutions for various reasons. In the last few years, these types of loans have been growing in popularity.
One of the main reasons for this is the fact that the number of people who simply cannot get the necessary money from the bank is larger than those who can. These are the people who have their goals and dreams, but they simply cannot achieve it on their own, and they need the money to start. While crowdfunding campaigns are a valid option, they are not always as successful, so getting a loan from somewhere else becomes the only option, apart from simply giving up.
MinitCredit brings the solution and claims to have a large number of potential customers all over the world, already. Thanks to the fact that cryptocurrencies and blockchain technology are borderless, these people can all benefit from this and similar projects.
MinitCredit also claims that micro crediting is a safe investment, and that the new industry is growing rapidly, bringing big profits to participants along the way. All that the company needs in order to get started is its own cryptocurrency. And, as mentioned, they are distributing their own in an ICO right now.
MinitCredit already held its preICO from August 15th to September 15th, and this stage was followed by the immediate launch of the ICO itself. Its public token sale started on the same day the preICO finished, September 15th, and it will end in only a few days, on October 15th.
The project is offering its token, known as MINIT, which is a utility, developed on Ethereum's network. As such, it is an ERC-20 token that can be obtained in exchange for ETH coins. The price of 1 MINIT is 0.00025 ETH, and the project aims to collect at least $90,000.
They are based in Russia, and they offer an MVP, with no restrictions in regards to who can participate in the token sale. Apart from not having any restricted areas, the project is also not requiring investors to go through KYC or whitelist procedures.
* Crypto Rating accepts no liability for any errors in the Minitcredit ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 79.6% | 31 | $43 820.10 | 1.39% | 13.14% | $857 334 806 631 | ||
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2 | ![]() |
Ethereum predictions | 76.8% | 36 | $2 361.38 | 0.41% | 12.42% | $283 880 573 853 | ||
3 | ![]() |
Tether predictions | 92.4% | 1 | $1.000299 | 0.02% | -0.02% | $90 362 643 646 | ||
4 | ![]() |
XRP predictions | 82.4% | 28 | $0.681118 | 5.93% | 10.95% | $36 751 390 365 | ||
5 | ![]() |
Binance Coin predictions | 86.8% | 18 | $240.90 | 3.09% | 5.40% | $36 543 180 385 | ||
6 | ![]() |
Solana predictions | 78.8% | 39 | $75.73 | 6.81% | 22.25% | $32 258 285 071 | ||
7 | ![]() |
USD Coin predictions | 93.6% | 1 | $1.000125 | 0% | 0.01% | $24 502 884 471 | ||
8 | ![]() |
Cardano predictions | 82% | 37 | $0.617471 | 27.74% | 59.37% | $21 808 674 474 | ||
9 | ![]() |
Dogecoin predictions | 75.2% | 53 | $0.101944 | 5.02% | 21.08% | $14 492 322 552 | ||
10 | ![]() |
Avalanche predictions | 72.4% | 50 | $32.71 | 20.35% | 48.38% | $11 963 701 556 | ||
11 | ![]() |
Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
12 | ![]() |
TRON predictions | 92% | 7 | $0.107625 | 1.58% | 4.25% | $9 521 831 874 | ||
13 | ![]() |
Wrapped TRON predictions | 94% | 7 | $0.107531 | 1.92% | 4.08% | $9 513 557 659 | ||
14 | ![]() |
Chainlink predictions | 77.6% | 38 | $16.84 | 5.42% | 6.77% | $9 377 894 789 | ||
15 | ![]() |
Polkadot predictions | 76% | 38 | $7.44 | 19.08% | 34.95% | $9 335 385 230 |
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