Crowd Genie

Crowd Genie

The Crowd Genie ICO has been launched with the aim of helping to fund and build the very first Asia serving Business Loans Asset Exchange.

6.8
Token Sale ended
28 Feb, 2018
$5,000,000
of
$5,000,000 (100%)

Crowd Genie Info

Ticker:
CGCOIN
Token Type
ERC20
Fundraising Goal:
$5,000,000
Received
$5,000,000 (100%)
Price
400 CG Coins = 1 Ether
Total Tokens
60,000,000
Token Available for Sale
83%
Whitepaper
Yes
KYC
Yes
Min/Max Personal Cap
0.1 ETH (1 ETH DURING PRE-SALE) / NO LIMIT
Country
Singapore
Industry
Finance
Blocked Countries
USA
Accepting
ETH, BTC, USD

Pros & Cons

  • Experienced team who have a proven track record
  • Fully operation platform demo available
  • Quite a reasonable conversion rate to Ethereum
  • There is a gap in the market for such a concept
  • $5,000,000 soft cap goal is being quickly achieved
  • Business lending is a proven and often profitable market sector
  • Does have long term potential growth opportunities
  • Offers a 3% referral bonus program
  • Multiple cryptocurrency investment payment options
  • Supported by LDJ Capital and All Coin Wiki

Features

The one defining feature of the Crowd Genie lending platform is that it cuts out the middlemen that often makes peer to peer lending so expensive, and allows lending without borders.

Overview

The one aspect of running any business or company that can hold back growth is being able to access a stream of credit and finance when it is required. Most companies at one time or another are going to experience cash flow problems, which if not addressed can negatively affect those companies.

That is what Crowd Genie are aiming to address and thanks to their already designed and in place business loans assets exchange they are aiming to give all companies that may be experiencing problems acquiring finance access to a lending stream in a very streamlined and cost effective way.

It is usually the middlemen in business finance service sector that can and does cause the cost of credit and finance to soar and that is one thing that Crowd Genie will be able to address and negate with their lending platform.

It is very true to say that if there is going to be one ICO that is going to offer investors both short and long term gains, it is those that are backed by a lending type platform, and therefore this is certainly an ICO that does and is currently appealing to a great number of investors, thanks to the very reasonable price of the Crowd Genie tokens.

Team

Let me now move onto giving you an insight into the team that are the driving force behind Crowd Genie, to allow you to determine whether they are the right people to lead the concept forward and to also find out just what experience they have too.

  • Akshay Mehra (CEO AND Co-Founder)

    15+ years experience – Certified Capital Markets and Financial Advisory Services (CMFAS) by MAS – Innosight Consulting – Brand Management at Procter & Gamble – Masters in Business Administration from Indian Institute of Management.

  • Bikash Saha (Executive Director and Co-Founder)

    Retail Banker with 20+ years experience – COO of Standard Chartered Capital Korea – Lending to retail and business client segments – Master in Business Administration from Indian Institute of Management – Bachelor of Technology from Indian Institute of Technology.

  • David Drake (Board Advisor)

    Founder and Chairman at LDJ Capital, Chairman of a 500 family office network based in London – Leader in cryptocurrency, runs a $200M LDJ Cayman Fund focused on cryptocurrency and ICO – Managing Partner in an Alternative Energy Fund New Commons Capital 2009-2010.

  • Petter Sehlin (Blockchain Advisor)

    Partner and IC-member of True Global Ventures I,II,III, Founder of the Polarchain blockchain – Founder of Youcal PaaS tokenized platform services – Founder of SCALE X, seed investment vehicle and start up incubator.

  • Anders Larsson (Blockchain Advisor)

    Founder of all coin Wiki, Voted as one of top 5 crypto advisors – Vice President and Head of Network Products with more than two decades of experience in 2G, 3G, 4G, 5G and IOT in 10 different countries for Ericsson Group (NASDAQ: ERIC).

  • Ruchali Dodderi (Chief Technology Advisor)

    Digital and Software Lead at Antelope Club, connecting Blockchain with Wearable IoT – A.I. Lead at Outlier Ventures, focused on Blockchain Convergence – Senior Director of Digital Transformation at Pyramid Consulting – IT Capability Lead at Accenture India – CTO at Wipro Limited and Product Engineering Head at EMC Data Storage System.

  • Eduard Dzhamgaryan (Marketing and Crypto Advisor)

    CBDO ICObox ICO Analyst/ Advisor, CEO and Founder of GMPay, ICO, TGE, Blockchain, Cryptocurrency, Fintech Enthusiast– Member of Advisory Board – Micromoney.

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Conclusion

Acquiring funding for any business can be difficult in this day and age, and by offering a business loans asset exchange and targeting parts of the world such as Asia, where many businesses can struggle to find ongoing finance for their projects Crown Genie may be worth investing it.

There is also the very real possibility that any business or company that has sought funding through Crowd Genie will be much more inclined to return for additional funding as they grow, and as such the potential for many repeat customers is great.

As long as any finance based company does offer a good return on investment and also carefully vets their potential customers, then long term growth and return made on any investment funds is a very real possibility.

I personally am always attracted to finance based companies, and those with a solid roadmap and whitepaper, and one added advantage of researching Crowd Genie is that they have a demo of their platform, which any potential investor is more than welcome to check out and study.

As with any investment, do try and take a long term approach to Crowd Genie, for the finance market sector is usually one that does take a little time to grow and produce profits.

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