Bloom

Start
Nov 30, 2017
End
Jan 01, 2018
  • Description
  • Team
  • Details

Bloom is a standardized, programmable ecosystem to facilitate on-demand, secure, and global access to credit services. Bloom presents a novel approach to credit risk assessment allowing both traditional fiat lenders and digital asset lenders to issue compliant loans on the blockchain while increasing competition to lower fees and improve borrower experience at every layer of the credit issuance process. The Bloom protocol presents solutions to the following problems:

1. Cross-Border Credit Scoring: Credit histories are not portable across countries, forcing individuals to re-establish their credit track records from scratch when they relocate.
2. Backward-Looking Creditworthiness Assessment: Credit systems rely on historical debt repayment information and therefore cannot easily accommodate users who are new to credit. This is especially prevalent among minorities, the underbanked, and the youth

Project Team
Jesse Leimgruber
Ryan Faber
Alain Meier
John Backus
Daniel Maren
Shannon Wu
Advisors
Meg Nakumura
Joseph Urgo
David Raphael
Joey Krug
Luis Cuende
Devon Zuegel
Token generation cap

150,000,000 BLT


Tokens exchange

1 BLT = 0,001 ETH


Token distribution

50% ICO
40% Locked in a multi-sig wallet
10% Bounties, Advisors, Lenders, Partners 


Accepts

ETH