Nel ICO & Token Sale
- NelBanking, Platform
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.
It will be the first microfinance lending platform aimed at developing countries, based on the NEM blockchain technology.
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 Rates & Bonuses
- BONUS 20% 05 OCT - 22 OCT
- BONUS 30% 15 SEP - 04 OCT