Ripio Credit Network

Start Oct 24, 2017
End Nov 06, 2017

Ripio Credit Network

Ripio Credit Network (RCN) is a protocol based on smart contracts and blockchain technology, which brings enhanced transparency and reliability in credit and lending. The protocol enables connections between lenders and borrowers located anywhere in the world, regardless of currency. By reducing the traditional banking brokerage costs and management fees, RCN aims to allow better conditions for both sides, creating a better credit alternative than anything available today. By including an intermediary agent (the Cosigner), the RCN seeks to neutralize the lenders credit risk and, in case of a default, provide an alternative mechanism for managing the debt collection in the borrowers country of residence.

Token generation cap

1,000,000,000 TGE

Token distribution

42,5% Pre-ICO
8.5% / ICO
15% Reserved
34% Partnerships, marketing, and future RCN expenses.

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