biCredit
A crypto lending platform and NFT marketplace that supports physical assets on the blockchain and provides liquidity for physical and crypto assets through NFT.
In May 2021, the total market value of the entire crypto market exceeded USD2.42 trillion. As more and more people choose crypto as a way of asset allocation, the demand for crypto is still increasing rapidly. However traditional finance does not accept crypto-assets as collateral in exchange for lending. The crypto lending platform does not accept physical assets as collateral in exchange for loans. Physical assets generally refer to real estate, vehicles, commodities, etc. These physical assets have their own characteristics, often very illiquid.
biCredit solution
biCredit, a crypto digital lending platform that provides liquidity for physical and crypto-assets through NFT, will be launched.
The lending platform providing services for borrower：
- bicredit accepts both crypto and physical assets as collateral. Through the chain right to the use of the physical assets, ownership, usufruct, and other rights certificate and collecting fingerprints, safeguard the rights and interests of assets will be a legal agreement with digital fingerprint input NFT issue of NFT chain.
- non-collateral loans
Use big data risk control to screen qualified borrowers and issue non-collateral loans.
biCredit services for Investor:
We offer a variety of services for investors, right here：
- Accepts various stablecoins, such as USDT, USDC, DAI, FUSD.
- Provide different expected APY depending on the different currency and expiration dates.
- When the Investor wants to redeem early, it can convert the wealth management product into NFT and sell it for liquidity.
biCredit NFT trading market:
In this platform, you can trade the NFT，specifically:
- Physical assets overdue NFT
When the mortgage falls overdue, biCredit converts the collateral into a physical asset NFT, which is then auctioned off on the NFT market.
- Financial products redeem NFT in advance
When the investor wants to early redemption wealth management products, products can be converted into NFT, then into the auction market of NFT:
FUSD Tokens:
FUSD (future-USD), FUSD is stable crypto issued by biCredit that supports public chains such as BEP20, Asa Solana, etc. It will be laid out to other common chains. It has the following characteristics：
- FUSD has always maintained a 1:1 exchange rate with USD.
- FUSD uses the value of collateral received by the Lending Platform as the value anchor for FUSD.
- The borrower issues 0.75 FUSD for each 1USD worth of collateral into the CDP contract at LTV (75%), and the contract generates a CDP Lending Certificate and locks up the collateral.
biCredit advantage:
Compared with the traditional financial industry and blockchain financial business，biCredit owns：
- Professional risk management with rich Fintech experience
- Diversified credit products
- Physical assets on the chain, the market high potential
- Provide high liquidity for assets
As both an investor and a borrower, you can find solutions to liquidity and asset appreciation as well as financial solutions here.
Join us
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Telegram:https://t.me/biCredit_official
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