With our RAD lending platform that uses P2P lending principles and leverages crypto-secured lending, we aim to bring tens of billions of dollars—currently invested in crypto assets— to the economy.
Credit products that use crypto-secured lending and are built on our RAD lending platform will fill the gap between crypto holdings and real-life fiat spending.
Any person with crypto holdings can use crypto assets as collateral to get a credit card or a cash loan from the RAD platform to manage a cash flow gap or fund necessary expenses. To participate in lending on the platform, the investor will be required to purchase “fiat” tokens. These tokens will be traded on the platform and will track underlying fiat currency prices. For example, an investor looking to lend money in USD will need to exchange fiat USD for “USD tokens” on the platform. In the first phase, the RAD platform will be the only issuer of fiat tokens. In the future, we plan to invite outside institutions to the platform to issue and maintain tokens.
Up to $1 million raised total: 1 RAD for $3, 40% BONUS
From $1 million to $5 million raised: 1 RAD for $3.5, 30% BONUS
From $5 million to $15 million raised: 1 RAD for $4, 20% BONUS
From $15 million to $30 million raised: 1 RAD for $4.5, 10% BONUS
From $30 million to $50 million raised: 1 RAD for $5, 0% BONUS