Ethic Hub: Connecting investors to projects rated by risk level
Investment platform that universalizes access to highly profitable positive impact projects
Electronics Industrial Engineer, software developer, entrepreneur. Utad Associate Professor on Mobile Platforms. CTO, Lead developer and Co-Founder of BarSpace, an app to discover all events at bars and pubs in London. R&D Software engineer at Samsung
Electronics. Mobile platforms developer.
Social Media Manager
Mondragon Unibertsitatea Degree in Leadership,
Entrepreneurship and Innovation. Director of commercial development and marketing for Artenexo, a
project to integrate urban art to commercial and cultural spaces. Co-founder of Cradel, a project launcher focused in arts and creativity, education, and services for companies.
Marketing & Communications Node
Eun Young Cho
Sergio Martínez de la Casa
Bounty Manager / Marketing
Tax & Legal Mexico
University Degree in Advertising and International Business. Head of Marketing in Megadon AG, Switzerland based, cross-sectorial global investor & accelerator company and business builder. Managing Director for Europe in 99designs, world's largest online
graphic design marketplace. Sales and Marketing Manager for Europe, Middle East and Africa at
Datacolor, a global leader in color management solutions and color communication technology.
Managing Partner DPO & ITlaw. Counseling in Digital Law, Privacy, Compliance (PBC / FT AML / KYC), Corporate Criminal Liability, IT Consulting Online Business (Protocol, Bitcoin, BYOD, Electronic Signature, IoT, Cloud Computing). Formerly National Director of the Department of Intellectual Property and ICT of LENER Legal and Economic Advisors. Expert Europrise (European Seal in Privacy www.european-privacy-seal.eu). External Expert SEPBLAC (2011) PBC / FT or AML / KYC. Auditor AENOR legal issues ISO 27001. Collaborator of the Spanish Science and
Technology Foundation (FECYT) 2007/2008. Legal expert in the study "PKITS" of the Currency and
Stamp National Factory. Year 1999. Member of the Commercenet Expert Circle, legal issues. 1998/2008. Professor: Instituto de Empresa (IE), Master Telecommunications Carlos III, Master Transmedia Carlos III-RTVE. Specialties: Privacy and Data Protection, Computer Contracting, Electronic Commerce (Electronic Signature, Electronic Evidence), Intellectual and Industrial Property, Compliance in Prevention, Money Laundering and Corporate Criminal Liability.
Industrial engineer. Master in Marketing and Sales. 28 years of experience in the IT and telecommunications sector with multinational companies. During half this
time as General Manager and CEO. Founder of The TRIFORM INSTITUTE active for 17 years now in
organizational development, corporate identity, strategy and leadership. 6 years as a member of the Board of Trustees of Triodos Bank Foundation in the Netherlands. Lecturer and researcher on Social
Threefolding. Experience in multicultural and multilingual environments in Europe and the USA.
StartupToken HEC Paris
Accelerator Manager at StartupToken
ICO analyst, Crypto Birds COO
Cost of the token1 token for 0.64 $
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
What are the commissions charged by Ethic Hub charge and what interest do the borrowers pay?
Third parties fees in Ethic Hub network total 7%; a majority of it (about 4%) belonging to Local Node’s
commissions; approximately 1.5% to increase investors recruiting (although cost will be much higher on
first years); the rest of it is used to cover platform’s development and general costs as well as
Institutional Investments recruitment costs. In the future rates may be adjusted since LendingDev is a
In addition there will be an Exchange commission charged for each conversion according to supply
and demand law, choosing each time the Exchange that offers the best conditions. 2% will be
approximate cost for borrower.
To overcome investors’ hesitation to such an innovative product and to compensate for exchange rate
risk, we need to offer a net profitability of about 15% (before exchange rate risk).
All in all, our hypothesis is that the effective interest supported by borrowers for annual loans amounts
to about 27%. Currently this same borrower profile, if able to get credit at all, is supporting interest rates
Is there a minimum and / or maximum amount for the loans?
At the beginning, and since the initial development and promotion will have a significant cost, we will
focus on loans between € 1,000 and € 2,000 per borrower, aimed at small farmers in Chiapas, Mexico,
choosing this area due to our previously attained know-how relative to how to obtain minimum rates of
default in these communities and it meets the objective of facilitating credit access to unbanked
people, in addition to being projects with a positive impact.
How can I contribute my bit to make this project successful?
Participating in our Telegram and Rochetchat to give us feedback with your valuable opinion. It would
be very useful to help us spread the project by word of mouth. Of course, you can also contribute even
if you only buy symbolic amounts of tokens in the Pre-Sale! Finally, if you want to get even more
involved, we are happy to receive collaboration proposals. This is a project with infinite potential and
we are going to need lots of hands and lots of heads!
How are we different from similar projects?
We are the only platform that charges commissions only in case of success, that is, once the loan has
been paid. We believe that no one should benefit from an unpaid loan.
Our strategy to capture and evaluate projects is based on people. At Ethic Hub, Local Nodes are
people linked to the community they serve. They benefit directly from maintaining and increasing their
good reputation based on the accurate valuation of the projects they select. Local Nodes also
generate another competitive advantage: they are the best way to identify users (probably the greatest
problem of decentralized P2P loan platforms, since it is impossible to validate the existence, nor moral
quality of someone asking for a micro-loan from across the world).
SaltLending and CoinLoan are focused on token guaranteed loans, so it will remain a niche project
until an important economy’s tokenization process is generated. Its borrowers are already banked.
Eth-lend also had this approach but it seems they have pivoted to allow unsecured loans, perhaps
considering the above. They have a very interesting point: to issue a generated according payment
history cryptocurrency; ownership of it allows you to apply for unsecured loans in regard of such
cryptocurrency amount. Their system therefore presents a roadmap to future unsecured loans, but
with a long-term scalability. Their borrowers are already banked.
Everex is a project based on remittance transfers between countries, although it also has microcredit
functionality. As ETHLend it shares the concept of a currency representing user’s reputation but with a
trade approach that we don´t consider.
Our main differentiation on Dharma is its macroeconomic approach based on rating providers to value
the loans. Our microeconomic approach is based on the fact that a personal approach to evaluate a
small farmer in the other part of the world is better than one based on data. It does not intend to
launch an ICO to finance the project so the system and its diffusion will take longer to develop.
Ripio, Lendoit and Fintrux have a profile very similar to that of Dharma, introducing some additional
components, such as guarantee funds, unpaid auctions or people in local for the release of funds, but
always making a selection of projects based on datamining and so on with little capacity to reach the
unbanked ones, which mostly lack sufficient data.
Although Micromoney is neither a crowdlending platform nor a decentralized system, it offers credits
to unbanked users, at very short terms and very fast, with very high interest. Its machine learning based
scoring system gets around 26% default against our system’s 3%, and their loans cost between 100%
and 400% per year compared to 25-50% we can offer.
Bitbond is a non-decentralized transnational crowdlending platform based on Bitcoin loans. Unlike us,
their target clients are not unbanked people. It competes in improving interest rates that banked
Kiva offers credit through NGOs and other local agencies in developing countries. Since they don’t use
cryptocurrencies and due to their project capture channel cost, borrowers pay same or even higher
rates than in our system, but without offering investors’ profitability; Kiva lender’s motivation is to make
a positive contribution to the world, not to make money. Ethic Hub balances both for having even
greater impact, since offering good returns to investors can potentially redirect even more money to
those 2 billion people.
In summary we could say that the platform more comparable with Ethic Hub is Kiva since the values
and the target and the selection of projects are similar. And what differentiates us is that thanks to
Blockchain and the Ethic Hub cryptocurrencies, offering similar costs to the borrowers, it allows to offer
a good profitability to the investors and in this way we want to promote a fair win-win relationship.