AssetStream is building a sustainable blockchain-based microfinance platform. It seeks to alleviate poverty and deliver financial inclusion by enabling unbanked individuals to access financial services. It is expanding to a complete P2P network that would include the local communities which can take personal loans. AssetStream wants to build an extensive micro-financing ecosystem that could bring financially excluded individuals to the new global economy via blockchain.
The AssetStream initiative is aimed at creating a microfinance platform that would allow growth and encourage poverty reduction of unbanked people while offering an alternative P2P microfinance platform for all.
By providing the underbanked and unbanked population with a regulated alternative, AssetStream will offer better loan conditions and protection to borrowers. The platform can provide a regular monthly return for lenders as well. With the AssetStream platform, borrowers and lenders will have the legal protection of local regulations and laws.
A stable token helps guarantee that external sources would not affect the value of the borrowed amount. By leveraging the Stellar blockchain, the platform can make cheaper and faster transactions than other techs.
AssetStream will create an ecosystem that delivers services to borrowers, lenders, as well as agencies that want to collaborate with AssetStream. In the ecosystem, the AST token is representing a value of $0.01 to promote stability. Outside the platform, token prices are subject to the fair market value shown on secondary exchanges. AssetStream will have rating criteria which will be divided into the business loan and personal loan.
Criteria for business loans include business type, company financial status, registered capital, and collateral asset. On the other hand, the criteria for a personal loan include occupation, current working duration, salary base, age, personal contact, address, credit line, existing liabilities, at least three months bank statements, and a notice of assessment.
|Pre-Sale||2019-05-27 – 2019-05-31|
|Token Sale||2019-06-01 – 2019-07-11|
1 AST = 0.01 USD
|Price||1 AST = 0.01 USD|
|Accepting||BTC, ETH, BCH, Fiat|
|Minimum Investment||0.01 ETH|
|Restricted areas||No US and China|