Bonum: Loans in Crypto currencies, Tokens and Fiat currency
Our platform gives people and businesses an opportunity to meet these needs if they have assets which are held on the blockchain
Оne of top 10 young billionaires (before 35 years old) by Forbes in 2012
Maxim is serial entrepreneur, started his first business when he was 12 years old from scratch. Built the largest mobile retail network in the country (Svyaznoy). Since 2007 started to develop retail banking services (SvyaznoyBank), jewelry retail chain (Pandora), e-commerce, big data, civic project for e-democracy. Was awarded as national winner of Entrepreneur of the Year 2010 contest in Russia by Ernst&Young, named as one of top 10 young billionaires (before 35 years old) by Forbes in 2012.
Apple Sr. Software Engineer. Cryptography, operating systems and crypto currencies in Stanford University
Graduated from Saint - Petersburg State University, Faculty of Mathematics and Mechanics. Studied cryptography, operating systems and crypto currencies in Stanford University (Stanford Center for Professional Development). More than 10 years in software development, 2,5 years worked in Apple (California). At the moment Principal Engineer in Genesys company and senior lecturer in St. Petersburg State University (Faculty of Applied Mathematics and Management Processes). Sphere of professional interests: computer security, high volume systems, crypto currencies and blockchain.
Co-founded Denga - russian microfinance company which is represented with 250 offices around 90 cities and 8 time zones in Russia. Entrepreneurial experience since 2001. Banking experience since 2007, microfinance - since 2010. Eugene is a blockchain enthusiast. Holds master's degree at jurisprudence.
- Crowdsale (53%)
- Reserve (20%)
- Team (15%)
- Advisers (10%)
- Bounty (2%)
- Dvelopment (30%)
- Promotion (15%)
- Legal Support (12%)
- External Audit (6%)
- Operating Costs (8%)
- Consultants (6%)
- Security (14%)
- Analytical Support (9%)
Cost of the token1 token for 1 $
Price without discounts
Rate the project
Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users1
A well laid out, informative, comprehensive Whitepaper which includes considerable research on the market opportunity and business strategy. Easy-to-navigate website. Bonum has all the necessary channels to keep followers updated. Numbers of Telegram followers is dope. Among the project's advantages are: Loans available in fiat currencies and cryptocurrencies and multiple currency options for collateral and deposits
Risks and disadvantages
High competition in the crypto loans world. There isn't any advisor mentioned.
Overall, the project is spic and span. I think it is to attract a bunch of investors since the potential is huge.
What is Bonum?
It’s a global loan and deposit platform, which enables its customers to receive instant liquidity (loan) or additional passive income in the form of interests on the deposit. We are not a p2p platform – all the deals are made instantly.
What are the features of Bonum?
We lend in fiat, crypt and token currencies.
You can open a deposit in crypt and token currencies.
Multicurrency collateral and deposits.
Transactions within the platforms are made through smart contracts.
Interests on loans and deposits are calculated every hour.
Loans for any amount from $1.
Change in interest rates on deposits (increase) and loans (decrease) is at the expense of the Bonum project’s own tokens.
We inform customers about possible changes in value of their collateral.
We have an emergency fund to ensure deposits return.
We are not a p2p platform – it means that you don’t have to wait for a suitable application to get a loan.
Are there any additional fees, fines or penalties?
The only payment for a loan is the interest rate on the loan. There are no hidden fees, commissions or fines.
What can be considered as collateral?
For the present moment we can consider crypto currency and tokens as collateral. In future, with the tokenization of physical assets and their migration to the blockchain, we plan to take a wide range of assets as collateral, for example, real estate, cars, diamonds, securities, gold, etc. These are the things that are difficult to transport physically. They are traded at the level of documents representing the rights to these assets. All of them will be digitized and recorded in the blockchain.
How to use Bonum services?
To get a loan, a customer must have a collateral (crypto currency, tokens or other assets on the blockchain), which will be frozen by the platform for the loan period. After collateralization, the client automatically receives a loan. After the repayment of the loan and interest on the loan, the collateral becomes also automatically available to the borrower.
To open a deposit, the customer needs to determine the amount and currency of the deposit. Then, the platform disposes of the deposit amount, and the customer receives interest. At any time the customer can get back any invested amount.
All relations are regulated by smart contracts.
What are the guarantees of deposit return?
All the loans issued by the platform are collateralized, therefore, even in case of default of the borrower, the platform is guaranteed to return the loan amount and cover deposits
In case the collections are over 10 million USD (on the results of ICO), a reserve fund is formed, the sole purpose of which is to back raised deposits
Why do you need a blockchain?
The key moment of our business model is collateral. We will take as collateral the assets recorded in the blockchain, so the blockchain is an integral part of Bonum. Also, the blockchain provides a number of other advantages: secure storage of the register of transactions between the customers of the platform, the possibility of making transactions (loans, collateral and deposits) through smart contracts. Moreover, blockchain allows to reduce costs, the time of platform transactions, as well as to automate business processes. We have chosen Hyperledger blockchain, which has optimal performance and a modular structure convenient to us.