Kripton L-Pesa is a project that aims to improve the scope of financing, mainly small loans.
The company has been working for several years, and for the last 2 years the latest financing technologies have been created on the platform, and most of the work has been automated. The project is already successful, and one can ask why they conduct the ICO?
The answer to this question is obvious – this enterprise needs to grow, and for this you need financing. After all, the sphere of credits not an instant profit. At the same time, the profitability of microfinance is about 25% of profit per year. At the moment, when the release of its crypto-currencies is so popular and it gets an investment due to this, the company decided to scale its activities.
Advantages of the Platform:
In their activities they will use:
- artificial intelligence and blockchain technology;
- mobile technologies;
- biometric identification of their users;
- alternative credit data.
The founder of the platform has invested in it already more than half a million dollars and has employees all over the globe – in Europe, America, Asia and Africa. The platform is very user-friendly, has high usability, it’s noteworthy that it can be conveniently used on mobile devices. And the platform marketing is carried out mainly in social networks and via SMS.
The principle of operation:
The platform interacts with providers of mobile money services Tigo Pesa, Airtel Money, MTN, M-Pesa. Since its inception (March 2016), the platform has provided more than 38,000 loans. She already has about 200 thousand customers and this figure is constantly growing. The platform operates on several continents and plans to seize all large credit financing markets.
Tokens and their Sale:
The price of one token is 4 cents and it is planned to sell 1.510 million tokens. At the same time, during the pre-sale period, the offer had 160 million tokens with a 50% bonus, and during the main sales – 1.350 million without any bonuses. The main sales will last from April 10 to May 10. For 1 ether you can buy 17.5 thousand tokens. 2.6 billion tokens are generated.
On account of their distribution, the following can be said: 58% will be sold during ICO time, 15% is allocated to the team and project managers, 10% to advisors, 16% to business development and 1% to bounty and referrals.
Hard cap of the project is 25 million dollars. Also, the company already has its own $ 1 million (0.5 million invested and almost as much earned). On account of the distribution of collected funds, the following can be said: 39% is allocated for the expansion of the platform, 33% – for loan capital, 10% for marketing, 10% for the team, 4% for taxes and the remaining 4% for the remaining costs.
On the roadmap of the platform, we can say the following. The idea of its creation was born in the beginning of 2000. But the beginning of testing and the foundation of the platform fell only for 2014. In two years, the basic platform systems were created, and as early as 2016 the platform began work in Tanzania. In 2017, the platform also operated in Kenya, and due to its work in late 2017, it had 170,000 customers. In 2018 the production of platform tokens began to expand its activities. The platform will continue to operate in Africa, but will also enter the market of Central America, become more familiar in India and East Asia, and will also begin work in Europe. In 2019, the platform will further develop its activities and while the main focus is on the Indian market since it is one of the most ambitious.
In conclusion, I want to say that microfinance is an interesting topic. Often people do not want to go to the bank for small loans, and thanks to the platform they will be available and profitable. Given its rapid growth and good earnings, you can make good predictions and therefore I advise you to invest in it and earn together!