Read more about ICO NEL: review, rating, road map, overview
Returns since ICO
2018-09-15 - 2018-11-10
ICO Token Price
Available for Token Sale
Incorporated company's country
According to Global Findex report, around 2 billion adults around the world are still excluded from the formal banking system with no access to credit and savings products. To improve their standard of living, they are forced to rely on substandard banking products and high-cost sources of credit such as payday loans or loan sharks lending. NEL, which stands for New Economy Ledger, will be the first microfinance lending platform aimed at developing countries, based on the NEM blockchain technology. The NEL Foundation will disrupt the microfinance world with the cutting-edge technology and efficient processes, inherent in the blockchain-based NEL ecosystem. Through bypassing banks and their high fees in this financial sector, relatively unknown to the private individuals, and offering practical solutions to the loss of productivity suffered by the microfinance organizations, NEL users will be able to lend with no risk to developing communities while earning interest. The interest rates proposed to the borrowers will be more ethical than the ones currently offered by institutions, while the lenders will enjoy solid returns.
Initial team creation
Start of the platform development Partnerships with local MFIs
Wallet alpha version and whitepaper publication Partnerships with local MFIs TGE preparation
Token Generation Event
Token listing on exchanges Launch of the platform beta version Integration within microfinance institutions New Partnerships with MF Institutions
Final release of platform and wallet
Opening of smart pools – smart contracts
Ecosystem development Smart pools diversification
Co-Founder & CEO
Co-Founder & CTO
Will there be a Pre-Sale?
How much was raised in the Pre-sale?
Do I need to go through the Know Your Customer (KYC) process? When?
When will your token price be calculated and is it calculated on
ETH or USD?
What bonus did Pre-sale participants receive? Is this bonus locked?
BONUS 30% 15SEP - 04OCT, BONUS 20% 05OCT - 22OCT
When can I get my bonus tokens and what is the lock up period?
AFTER ICO END
When will I receive my tokens? When can I transfer?