What is Creditcoin?

“Currency is not only used to buy goods and services ... people should be able to lend and borrow to make it a currency.” - James Rickards, Currency Wars

“Creditcoin will support Rubix.one, building a crypto-agnostic crypto lending platform.” - Clemens Pompey, Venture Developer at Innogy Innovation Hub

Video 1 - Technology
Video 2 - Market
A Decentralized Credit Network
More than $600 billion of capital sits disconnected in separate blockchains.
WHY DECENTRALIZE?
WHY DECENTRALIZE?
The blockchain is a technology of objectivity, providing a better alternative to trust in third parties. The Creditcoin Network is a transparent credit market for crypto assets, built upon blockchain technology, that allows you to pursue your goals and dreams without taking a leap of faith.
OUR MISSION
OUR MISSION
A sound currency must be lendable. Our goal is to connect blockchain assets with a straightforward protocol to create an inter-blockchain lending market, bringing the crypto ecosystem closer to a sound currency.
WHAT WE DO
WHAT WE DO
Creditcoin connects many blockchains to create a secure, transparent cryptocurrency lending market that allows fundraisers and lenders to connect directly.
How
Creditcoin Works
The Creditcoin Network is based on fundraisers and lenders. A fundraiser announces an offer to the Creditcoin Network, containing the amount to be raised, the cryptocurrency to be used, an optional collateral cryptocurrency, and an amount of Creditcoin that acts as a transaction fee. A lender announces an offer to the Creditcoin network, offering funds under particular conditions. When an offer from a fundraiser and lender match, the Creditcoin Network connects the two to complete the transaction: the lender sends its capital to the fundraiser, and the fundraiser sends its transaction fee and collateral (if specified) to the lender. Once every element of the transaction is validated, it is considered completed and is announced to the whole Creditcoin Network. The lender can also possibly mine Creditcoin as a mining reward. The chance of mining a new Creditcoin is proportional to the size of the lender's share in the total distribution of capital in the network.
According to the IMF, global nominal GDP was $78.5 trillion in 2014. However, Aon pegged the total size of the global capital investment market at $101.1 trillion in June 2013. If this relationship stays the same for cryptocurrency, then the $445 billion market cap at the end of 2017 means a potential cryptocurrency investment market of $573 billion.
Our Team
Creditcoin people
TAELIM OH
CEO
POPE KIM
CTO
ASTON LEE
REGIONAL DIRECTOR
VLADIMIR KOUZNETSOV
BLOCKCHAIN ARCHITECT
CHRIS YOON
DIRECTOR OF ENGINEERING
PAUL HSU
ENGINEER
JOHN CHOI
ENGINEER
NICK PASHENKOV
ENGINEER
KYOUNGBAE LEE
ENGINEER
TED LEE
ENGINEER
KYUNGJUN LEE
PRODUCT MANAGER
DANA RYOO
MARKETING
Akin Jones
CEO
Wale Akanbi
CTO
Doyin Onayemi
COO
Kola Olalekan
Engineer
Kehinde Yinusa
Engineer
Bola Tobi
Engineer
HOLGER ASSENMACHER
Professor of Cryptography at U.C. Berkeley / CTO of Cryptowerk
Leung Kwok
ex-banker of General Motors
Innogy
Seoul Auction Blue
AIGEN CAPITAL
GLUWA
Y COMBINATOR
AELLA CREDIT
VY CAPITAL
AELLA CREDIT
THOMAS JAMES
GLUWA
STUART GARDNER
GLUWA
BILL PALADINO
AELLA CREDIT
BRIAN ARMSTRONG
AELLA CREDIT
ZENO VENTURES
AELLA CREDIT
MIKHAIL SEREGINE
AELLA CREDIT
ERIC UHRHANE
AELLA CREDIT
NICK ALEXANDER
AELLA CREDIT
BRYAN FRIST
AELLA CREDIT
SHAWNTAE SPENCER
AELLA CREDIT
CHRISTIAN B. SULLIVAN
AELLA CREDIT

Gluwa, Inc. is Creditcoin’s technology provider, responsible for research and development of the blockchain. The token sale is conducted solely by Gluwa.

Aella Credit is Creditcoin’s primary distributor. Aella will absorb part of the capital raised from this token sale as a debt line and efficiently generate transactions on the blockchain.

The investors of Gluwa or Aella Credit did not necessarily participate in this token sale.