Decentralized private credit platform on Ethereum blockchain. Exact sales dates TBA.
The Privé platform is designed to decentralize credit markets in the real economy by bringing together favorable market-driven financial conditions and a customized service of freely competing providers. Within the completely decentralized financial eco system, the platform provides support for the entire debt lifecycle; including use-cases such as secured lending, trade finance, debt servicing, refinancing, and liquidation of non-performing loans and other forms of bad debt. The initial base is Ethereum with ports to other networks to be considered once the initial operational capacity milestone is reached.For Privé token sale structure we invented Initial Copyright Offering – I©O. Within Initial Copyright Offering everyone is eligible to participate. Copyright (token) buyers acquire the legal right not only to develop, fork and otherwise derive work from the software but also to benefit from any potential royalties arising from any and all derived work (e.g. development effort) and/or commercial use (e.g. licensing) of Privé software platform by any and all copyright holders, and this is by law.
(Obtained from ICO Website)
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