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Brotherly

Brotherly

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BrotherlyLend Platform backend by Brocoin, Brotherlylend is the new innovative and revolutionary secured lending platform, which allows everyday people with investments in cryptocurrency to take out loans using cryptocurrency as secured assets. The Platform providers loan in fiat currencies from around the word-holding user’s cryptocurrency for them as collateral in a secure wallet. While your average wallet just keeps user’s cryptocurrency on their behalf BrotherlyLend gives, the opportunity to take out loans 0% Interest. Once the loaned sum is repaired, we will release funds for users or they can take our another loan.

Banking Cryptocurrency

5.1

TOTAL SCORE

6.2

ICO PROFILE

(weight: 45%)

10

TEAM PROOF

(weight: 20%)

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General

Website: Visit

White paper: Read

ICO Time: 01 Sept 2018 - 30 Sept 2018

Whitelist/KYC: KYC

Country: UK

Token info

Ticker: BRC

Platform: Ethereum

Token Type: ERC20

Available for sale: 20,000,000,000 BRC

Financial

Accepting: ETH, BTC, Fiat

Social media

Links: Bitcointalk

Facebook

Twitter

Telegram

Medium

Youtube

January 2018

We form a team of developers.<br /> <br /> We create and check the feasibility of the concept.<br /> <br /> We plan the launch.<br /> <br /> We continue with ongoing research.

May 2018

We start developing the platform based on the concept.<br /> <br /> We start developing the tokens.

August 2018

We file the patent to protect the legal status of our solution.

September 2018

We make the platform official and announce it publicly.

October 2018

Public ICO.<br /> <br /> We run a private round of sales.

November 2018

We run the round of pre-sales.

Q1 2019

We calculate the repayment to collateral ratio.<br /> <br /> The idea of loan against collateral becomes practical.<br /> <br /> We introduce the terms around extensions of loan payment options.<br /> <br /> We present options pertaining to early payments.<br /> <br /> The platform starts working.<br /> <br /> Usage of BroCoins, Ethereum and Bitcoins possible as collateral currency.

Q2 2019

Collateral now possible using multiple currencies.<br /> <br /> Introduction of BrotherlyLend debit and credit card.<br /> <br /> Third party wallets and exchanges can now use BrotherlyLend API to offer fiat loans against cryptocurrencies.<br />

Q3 2019

Allowing currencies other than Bitcoin and Ethereum to be used as collateral.<br /> <br /> Introducing decentralized decision making.<br /> <br /> We launch our iOS and Android mobile application.

Q4 2019

Creation and launching of BrotherlyLend’s exchange based on decentralization.<br /> <br /> Implementation of decision making based on decentralization.<br /> <br /> Introducing smart contracts deals and multi-chain transactions.

Screenshots taken on 28 Nov 2018

Brotherly ICO

Sharmarke J Mohamed

Founder & Managing Director

Participates in a number of projects

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