About Cred and LBA

Project Background

Project Name: Cred
Token Name: LBA
Origin: the US

 
Investors
FBG/Alphabit Fund/Blocktower/Dekrypt Capital/Signum Capital/DHVC/Dfund/GBIC/Crypto Parency/BlockVC/8Decimal Capital/500Startups/Bamboo Fund/LinkVC

About Cred
Cred is a decentralized global lending network that facilitates open access to credit anywhere and anytime. Founded by former PayPal financial technology veterans, Cred is a leader in the lending industry, specializing in blockchain technology. Cred is set to revolutionize the lending industry by merging an established global lending network, a diverse team of entrepreneurial leaders, machine learning, and the power of blockchain technology.

About LBA
LBA Token is an ERC20 token. Users can use LBA tokens to lower the interest rate of the loan and increase the deposit interest. It is now available in 180+ countries including the US.

Features
As a member of the Universal Protocol Alliance, Cred seeks to accelerate the adoption of blockchain as a mainstream financial technology by making digital assets more accessible, secure and convenient to own by supporting the development of a new stablecoin. Align with their mission, Cred has also partnered with PricewaterhouseCoopers.

 
Circulation
Total Supply: 1,000,000,000
Circulating Supply (as of 22/11/2018): 450,000,000
No. of Token Addresses: 34931

Private Sale
Date: 14/02/2018
Total Amount: 420,000,000
Cost: 1LBA = 0.09USD
 
ICO
Date: 01/05/2018
Total Amount: 40,000,000
Price: 1LBA = 0.1USD
 
Allocation
Private Sale: 42%
Public Offering: 4%
Team: 20%
Advisors: 1%
Backers: 1%
Bounty: 2%
Reserves: 30%

Website: https://www.mycred.io
White Paper: https://static.mycred.io/CredWhitepaper.pdf
CoinMarketCap: https://coinmarketcap.com/currencies/libra-credit/#charts