Nel ICO & Token Sale

Mainstream banks do not extend financial services to clients who do not have a minimum income. Microfinance aims to offer financial services tailored to the poor population: micro-credit, micro-savings, domestic and international transfers, and micro-insurance. Many different types of microfinance institutions exist. A microfinance institution’s objective is thus to contribute to the development and fight poverty. However, some local initiatives without legal existence but very active on the microcredit market does exist. During the last three decades, microfinance has skyrocketed across the world. This growth was driven by the growing need in financial services under the financialization process.

Goal

It will be the first microfinance lending platform aimed at developing countries, based on the NEM blockchain technology.

About NEL

NEL stands for New Economy Ledger. The NEL Foundation will disrupt the microfinance world with the cutting-edge technology and efficient processes, inherent in the blockchain-based NEL ecosystem. The interest rates proposed to the borrowers will be more ethical than the ones currently offered by institutions. Here the lenders will be enjoying solid returns. The NEL ecosystem will be accessible through the NEL platform and through the dedicated mobile application NEL wallet. The developing countries’ communities will have access to credit at rates way below the current rates. NEL is transparent and provides dynamic data and statistics about institutions to lenders for monitoring. It enjoys low infrastructure costs and doesn’t require expensive equipment or redundant infrastructure. NEL allows fast money transfers and ensures low transaction fees. It enjoys various strategic and tactical advantages over the traditional financial companies.

Nel Overview

Nel ICO
Ended 11 Days Ago
Vote For Nel
BONUS 20% 05 OCT - 22 OCT
Symbol
NEL
Sector
Banking
Platform
Platform
NEM
Token Type
NEM
Start Date
Sep 15, 2018
End Date
Nov 10, 2018
Country
singapore
Payment Method
  • BTC
  • BTH
  • ETH
  • LTC
  • BTH
Start Price
1 NEL = 0.123141 USD
Bonus
BONUS 20% 05 OCT - 22 OCT
Total Supply
145,000,000
Goal
1,500,000 USD
Know Your Client (KYC)
No
Presale Start Date
Sep 05, 2018
Presale End Date
Sep 05, 2018
Status
Recent

Nel Team

Evan Davis
Co-Founder & CEO

“We think trust is the most powerful currency we have. We are geeks and finance professionals all passionate about extending financial freedom to the billions of underserved people across the globe.

Renato ITO
Co-Founder & CTO

15+ years experience in management consulting and business development strategy, with a strong focus on humanitarian sectors. Renato worked in various humanitarian organizations and has an extensive experience in microfinance.

Hans Muller
CFO (Chief Financial Officer)

Experienced, business oriented finance professional (CMA) with proven record in strategic planning, reporting, control and analysis. He has 15+ years of progressive roles in finance and controllership and excellent communication and negotiation skills.

Andrew Busby
Head of Communication

More than 10 years experience in public communications management roles, former national news reporter. Experience in communications strategy, planning and co-ordination, reputation, issues and crisis management.

Ayato Ishida
Software Developer Lead

Experienced and passionate software engineer and technical lead. Developed complex and challenging software projects successfully. He has managed many projects in major international companies such as Panasonic and Hitachi.

Elias Baumgarten
Platform Developer Lead

Elias is a motivated platform developer with a taste for challenges and fast-paced environments. Competent leader by his experience on several technologies and programming languages, he worked within multicultural companies.

Kinari Ota
Developer

10+ years as a front-end developer, quite enthusiastic about cryptocurrencies the last 5 years. Knowledge of HTML, CSS, javascript, jQuery, Swift, C++ and others. Easy-learner and optimistic.

Adrian Virata
Developer

More than 10 years experience in software development field combined with successfully finished software solutions. Deep understanding of blockchain and real live solutions.

Arata Kimura
Developer

Arata Kimura has extensive software development experience in both cloud technology and open source. He is also a blockchain developer and speaker.

Hai Hoang
Business Developer Asia

Highly experienced with the ability to lead large-scale corporate projects. Global communicator with experiences of multi-national companies. He is an expert on brand strategy & management, repositioning, marketing communication.

Blaise Koumba
Business Developer Africa

Experienced Event Sales Manager. Skilled in negotiation, sales, cold calling, event planning and management. He has an African culture that allows him to adapt to different interlocutors in Africa zone.

Valerie Mertens
Legal Strategy

Experienced attorney with a demonstrated history of working in the corporate law practice industry. Skilled in European and International Law and particularly focused on insurance and financial products sectors.

Lucas Hodges
Community Manager

Energetic and creative individual who is a champion of social media tools and technologies. He has an extensive experience in driving online customer engagement through platforms such as Instagram, Facebook and Twitter.

Nel Rates & Bonuses

  • BONUS 20% 05 OCT - 22 OCT
  • BONUS 30% 15 SEP - 04 OCT

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Nel Milestones

July 2017
From idea to concept
October 2017
Market research and feasibility study with microfinance institutions
January 2018
Initial team creation
April 2018
Start of the platform development Partnerships with local MFIs
July 2018
Wallet alpha version and whitepaper publication Partnerships with local MFIs TGE preparation
October 2018
Token Generation Event
January 2019
Token listing on exchanges Launch of the platform beta version Integration within microfinance institutions New Partnerships with MF Institutions
May 2019
Final release of platform and wallet
August 2019
Opening of smart pools – smart contracts
November 2019
Ecosystem development Smart pools diversification

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