Brotherly

Brotherly

ICO Ended
8,948 Views
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.
5.1
TOTAL SCORE
6.2
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
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
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
Sharmarke J Mohamed
Founder & Managing Director
Participates in a number of projects

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Retreeb
Founded in 2019 Retreeb is a sustainable fintech. We develop a decentralized, simple and sustainable mobile payment method. It is a free payment service for consumers and relies on a multi-local stablecoin network and Fantom's infrastructure. It allows its users to act in accordance with the universal values of ethics, sharing and solidarity.
Active
Zillios
Zillios is the next generation international real estate platform, revolutionary and highly innovative. Zillios completely changes the way the real estate market operates providing a state of the art scalable infrastructure to all key stakeholders, including smart contract based features to tackle current inefficiencies in rental and buying processes. Blockchain-based property transfer is foreseen in Zillios´ technology providing a future-proof infrastructure.
Upcoming
Verifier
Verifier is an innovative technology designed to verify identity, events, deals, and any other kind of data. This is a blockchain based solution that verifies data quickly, accurately, trustworthy, and securely.
Upcoming
DenCity
DenCity is an AI and Blockchain powered platform that provides you an engaging and immersive VR experience and lets you make a world of your own. A user will not only be able to explore, learn and create a life of his/her choice in accordance with the real world rules but also earn tokens that can be used to buy real life goods and services in the real world.
Active
BERTINITY
BERTINITY is a disruptive innovation and a fully anonymous and No KYC blockchain financial ecosystem.
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.