DEAL COIN - The space for interaction between borrowers and creditors

 Preliminary ICO starts on March 26, 2018. The coin will be issued 1 000 000 000 (1 billion) 

 It should be noted immediately that the barriers can be not only external, but internal. Under external threatening success of an entrepreneurial project, factors can be understood:  

high tax rates; 

greater cost of insurance; 

general negative state of the economy; 

paper red tape. 

 Other external problems of development of small business in Russia are difficulties with transport, competition, shortage of employees and their extremely low professional training. In fact, this category of factors is almost infinite. It is possible to enumerate for a long time everything that from the outside prevents active and successfully developing one's own business. 

 Money to earn today is extremely difficult. There are never a lot of them, they are just enough. To find the source of funding, you will have to spend a lot of energy. An excellent solution may be tools such as: 

rent or purchase in leasing; 

registration of credit cards; 

overdraft.

 Many people often think of starting a business. The advantages of owning your own business are obvious: there is no boss, and you work for yourself in a flexible work schedule that allows you to distribute your time during the day. 

Any new project starts with an idea, and for its implementation money is required. This situation concerns not only the newly organized companies. Many existing enterprises need funds for their further development and modernization. 
The easiest option is to get a loan. This is done by banks and credit organizations. Interaction with them is transformed into the provision of a large number of paper documents and financial reports. 
These same banks take deposits from the population and organizations at a lower interest rate than they give out to enterprises. And if we consider the situation on a global scale, rates in different countries of the world are very different. Relatively speaking, in the USA it is 3.5%, and in Brazil - 50%. 
Developers of the platform The Deal Coin offer to level the conditions.

DealCoin will provide favorable loan conditions for everyone.

With the creation of technology for blocking and smart contracts, it became possible to use automatically executed contracts. This simplifies many issues between counterparties, allows them to save time and money. 
The developers of The Deal Coin decided to use these technologies to facilitate obtaining loans. At the same time, the other side is also winning - investors. 
First of all, the project is focused on lending to small and medium-sized businesses. 
Using a decentralized peer-to-peer platform, participants can directly borrow from other members of the ecosystem. Such an operation will take place in a minimum time and the loan conditions will be at the level of average rates on the platform, and not in the host country of the business. Given the world scale of the project, it will be profitable deals.

What will the credit process look like?

Offering the best conditions to all participants of the process, the project hopes to reformat it, or at least to have a serious impact on the conditions for granting loans. 
The Deal Coin expects to attract credible companies that are involved in financial management, credit insurance, risk management related to credit operations, as well as companies specializing in the verification of personal data. 
And this is not accidental. In addition to the reliability provided by the block and smart contracts, the platform introduces the mandatory procedure of KYC (know your customer).
Digitization of assets, by which the borrower guarantees a refund, simplifies their assessment and use in credit relations. Assets are assigned a rating that speeds up the search for those who will be ready to provide funds for this business. 
According to the developers, the procedure for obtaining loans is very simple: you need to register on the platform, apply, pass the verification of KYC. Then, those who offer the best conditions are selected from those who join the platform; there is a final agreement and filling of the smart contract according to the available template. After simple automatic procedures, money is transferred to the borrower's account. 
So the motto of the project is realized: "Show the one who needs money, and we will find the one who will give them."

Using crypto characters

The platform will use cryptonyms and tokens. Deal Coin will provide participants of interaction outside the platform, and Deal Token - inside. 
Deal Token is a means of payment for all interactions in the system. It is they who give out loans and are paid interest, in which the assets are valued. To maintain the stability of the value of assets, the domestic token is equivalent to the British pound in the ratio 1: 1. 
To enter and withdraw funds are used Deal Coin. They can be purchased on exchanges or exchanged for tokens at the end of the transaction.

Positive aspects of the project

The project belongs to the jurisdiction of the UK and fully complies with the requirements of its financial regulators. 
The borrower deposits its assets to guarantee a loan repayment. 
Simultaneously with the loan contract, an insurance company is created. 
The loan rate is much lower than that offered by financial institutions.

ICO Details

The first week of Pre-sale will start on March 26, 2018 on the website https://thedealcoin.com . The fundraising will end after reaching $ 50 million or, if it fails to reach it, June 10, 2018. In addition to the hard cap, a soft cap is also claimed. It is $ 5 million 
The cost of the token and DEAL coins is the same and is $ 0.10 US or equivalent in BTC or ETH. 
Payment method - ether, bitcoin, ripple and fiat currencies.

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Author Bitcointalk Profile : Tirta1

ETH Address : 0x14DC29488c379Fa0f1f0D9E4B581025797F02c04