EthicHub: Investing with Impact






  • Introduction

    Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

    An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.


    Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

    For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

    Moving to the topic... Currently, millions of small farmers in developing countries do not have access to traditional financial services or only get local cash loans with extremely high-interest rates. As a result, they are deprived of the ability to grow their businesses or convert their ideas into profitable new projects.

    For this reasons, I want to introduce you EthicHub (Ethix), a P2P platform based on the blockchain technology that connects lenders with small profitable farming communities around the world.


    Definition and goals

    As I said, EthicHub (https://www.ethichub.com/) is a transnational platform for peer loans that uses the Blockchain technology to connect lenders globally with small, unbanked borrowers.

    The main objective of EthicHub is to alter the status quo by democratizing finances and making credit and investment opportunities available to all.

    The idea is better understood with before/after comparison:

    StageRepresentation
    Before               2018-10-09_12-33-54.png
    After               2018-10-09_12-34-27.png



    Main features

    ImageFeature
    2018-10-09_12-29-54.pngPositive Impact Projects Only
    2018-10-09_12-30-05.pngReal P2P
    2018-10-09_12-30-13.pngAccess to the Unbanked
    2018-10-09_12-30-18.pngGuarantee Fund for Investors
    2018-10-09_12-30-25.pngOnly-in-Success Fees
    2018-10-09_12-30-30.pngKnow-How in Project Selection



    Benefits

    Individual investors in saturated low-interest markets seeking better profits will have access to highly solvent projects around the world. Small producers and the unbanked can benefit from lower interest rates, due to a greater supply of financing and take advantage of a credit history stored in the BlockChain.

    They will have the freedom to choose between highly profitable projects in developing countries. The platform provides access to better risk investment opportunities.

    ImageAdvantageDescription
    2018-10-09_12-28-33.pngDemocratize financesUniversal access to credit and high-yield investment opportunities abroad.
    2018-10-09_12-28-38.pngRe-evaluate the ReputationTrust and reputation transformed into assets through the qualification of the reimbursement and success records of both the Borrower and the Local Node.
    2018-10-09_12-28-43.pngHumanize financesImprovement of efficiency and transparency. Eliminate intermediaries and propose to invest only in projects with positive impact and high profitability.



    Bounty program

    The project gives the opportunity to earn EthicHub Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bounty0x Webpage here (https://beta.bounty0x.io/hosts/EthicHub), where you can access the link in order to see what are the conditions to become an early Ethix contributor and start acquiring tokens.

    For more information about the project, you can visit and read their WhitePaper available here (https://storage.googleapis.com/stateless-landing/documents/EnglishWhitepaper.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/ethichubeng). I hope you liked the post and soon I'll send you new ones.



    Token details

    Token: Ethix
    Platform: Ethereum
    Type: ERC20
    Price in Pre-ICO: 1 Ethix = 0.38 USD
    Price in ICO: 1 Ethix = 0.64 USD
    Tokens for sale: 10,000,000


    Roadmap

    DateEvents
    Q1 - 2018     1st Token Sale (Presale). First projects funded by our Lending Smart Contracts.
    Q2 - 2018     Ethic Hub Platform Alpha. Reputation Token (REP) Smart Contracts
    Q3 - 2018     Ambassador program. Tokenomics and Whitepaper update. Private convertible notes sale.
    Q4 - 2018     Main ICO. Ethix Token delivery starts 1st Exchange listing Ethix Token.
    Q1 - 2019     Ethix Token delivery ends. Inverse Interest Rate Auction. 2nd country Positive Impact Scoring
    Q2 - 2019     1st Local Node Training Center Warranty Fund Smart Contracts
    Q3 - 2019     3rd Token Sale Automated Investment System
    Q4 - 2019     Ethical defaulted debt collection policy. Mobile Apps.
    Q1 - 2020     Founders vesting period end. Loan Secondary Market
    Q2 - 2020     Currency Exchange Insurance Decentralized Exchange Integration
    Q3 - 2020     10th country 4th Token sale
    Q4 - 2020     Decentralized Governance



    Team

    2018-10-09_12-32-07.png



    ICO Links
    Web: https://www.ethichub.com
    Telegram groups: ESP - https://t.me/ethichub ENG - https://t.me/ethichubeng
    Twitter: https://twitter.com/EthicHub
    Facebook: https://www.facebook.com/ethichubcrowdlending/
    Medium: https://medium.com/ethichub

    Author Details

    Email: [email protected]

    Telegram username: @clauming

    Bounty0x username: adriaparcerisas

    BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1870482

    Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71



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