NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

What’s Coming Up in July? Suretly’s ICO is On its Way!

newsbtc
newsbtc
5 years ago
3 mins read
Bitcoin PR Buzz Crowdvouching Platform Suretly

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The investors interested in crowdvouching platforms are eagerly waiting for July as the Suretly, the crowdvouching and currency lending platform announces its pre-ICO crowdsale in the coming month. With this ICO, the company seems to be fully prepared to disrupt the P2P lending market. Suretly is the international financing platform, offering users a lucrative investment alternative named crowdvouching. The participants or investors in the platform are able to earn compensation through vouching for people seeking for instant loans or lending opportunities. The ICO is going to be a disruptive move in the current blockchain based lending industry, say experts.

The Uniqueness of Suretly…

One of the unique features of this crowdsourcing platform is that it offers a substitute to traditional P2P lending practices and offerings.

The platform is based on the crowdvouching model that works in collaboration with microfinancing organizations where all the investors are able to vouch for the borrowers by offering assurance to repay a part of the lending amount in case of default. As a return of their guarantee, they are entitled to earn compensation on the basis of the credit rating of the borrowers.

How it is different…

The model followed by Suretly is different from traditional P2P lending where investors are required to co-sign for a specific percentage of the loan. This traditional model forces the borrowers to get multiple backers to co-sign for the whole amount prior to the achievement of funds. On the other hand, Suretly primarily targets short term loans while the platform is already labelled as the “Tinder for Microloans”. In addition, the platform has been designed to cater all borrowers, irrespective of the credit rating to avail short term loans.

How does it work?

Suretly is the first crowdvouching platform enabling people to trade micro “suretyship”, the agreements involving a promise by one party to accept the responsibility for the loan obligation of the borrower.

Microfinance organizations issue the loans, which are chosen by the borrower, given that he attracts an enough number of sureties to cover the whole amount. Suretly’s investors (vouchers) don’t lend their money to any borrower, nor they have to buy securities. They just act like a co-signers putting forward a guarantee to pay a fraction of the debt, in the case of default. Even in such cases, the debt obligated by co-signers is relatively little as the loan is spread over dozens of individuals. Meanwhile, the investors or participants keep receiving compensation.

As a guarantee for repayments, Suretly uses not just fiat money but also SUR cryptotokens, opened to crowdsale in July 2017.

The SUR Tokens…

The targeted raised funding lies in between $1.5 to $8 million USD. The ICO in July will be offering 15 percent of the total shares. The raised funds will be used to enter new countries and markets, spearheaded by a soon to be established legal entity in Singapore that would also act like an official shareholder and crowdfund initiator.

The Price…

Suretly has announced the initial rate of 1 ETH = 10 SUR for its upcoming ICO, where the first hour’s participants will also get 70 percent bonus.

It is to be noted that no tokens are to be offered after this ICO, hence, investors must keep an eye to participate in the platform. Stay tuned to https://ico.suretly.com

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why Crypto Investors Are Catching On to This Hot Presale

Why Crypto Investors Are Catching On to This Hot Presale

Someone at checkout with Bitcoin on their phone asks about paying with crypto. The cashier stares blankly. They pull out...

ericdunne519 1 week ago
BingX $WLFI Carnival Brings the Party Vibes

BingX $WLFI Carnival Brings the Party Vibes

BingX, your go-to crypto exchange, is announcing the official listing of $WLFI, the token behind the Trump family’s World Liberty...

Aaron Walker 1 week ago
Sparkvia AI: Spark Your Creativity with AI Writing Tools Powered by the XRP Ledger

Sparkvia AI: Spark Your Creativity with AI Writing Tools Powered by the XRP Ledger

Imagine this: you’re a writer and you need to whip up a copy for your social media team. But then...

Aaron Walker 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Why SpacePay Is the Crypto Payment Solution You Should Watch Right Now

Why SpacePay Is the Crypto Payment Solution You Should Watch Right Now

ericdunne519 3 days ago
Why PEPENODE Could Be the Meme Coin That Leaves PEPE and SHIB in the Dust

Why PEPENODE Could Be the Meme Coin That Leaves PEPE and SHIB in the Dust

ericdunne519 6 days ago
Forecasting the Futures of the Trump Token and XYZVerse Price Future

WLFI’s Volatile Debut: Forecasting the Futures of the Trump Token and XYZVerse Price Future

ericdunne519 1 week ago

Premium Sponsors

Press Releases

  • トレーダー注目の新規コイン ― 仮想通貨1000倍リターンを狙える格安銘柄

    トレーダー注目の新規コイン ―...

    11 hours ago
  • ミームコインが注目のプレセールで100万ドル突破 ― Mine-to-Earn型報酬が話題に

    ...

    11 hours ago
  • Tyto 3 altcoiny explodují v aktuální sezóně – Bitcoin Hyper, Maxi Doge a Wepe SOL by mohly být dalšími generátory milionářů

    Maxi Doge ($MAXI): Investičná príležitosť medzi meme...

    16 hours ago
  • Maxi Doge ($MAXI): Investiční příležitost mezi meme...

    17 hours ago
  • イーサリアム...

    17 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.