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Pitch Swapy / Credit Dreams
Edmilson Rodrigues, CEO
Friday, Sept. 15, 2017 · 2:38 p.m. · 06m 31s
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but after no my name is adequately is and the seal of sloppy
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network and we're waiting for me not for the our point
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so how are you today raider fans right and lawyer loving it alright
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so we have uh during that he's a universal access to credit
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and we're fortunate to have a few early a stage investors selecting draper
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in as i think full colonel and all this stuff on thank you for being here so part as friends
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so this is our doing universal access to credit and that's why we created our
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own langley in platform impressed zero called little candidate will we had around
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nine thousand pro requests in may thirty loans including ah who was doing was
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to get married and he did get married and accomplished is during
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but we actually realised that the problem of access to credit
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in developing nations like to zero is not the
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origination of the rules but instead the economics of the
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companies that make the the law is extremely expensive
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if for example in brazil the average interest rate parole is a hundred
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and forty five percent per year wow very expensive right right
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so eh the origin of that problem is first the high cost of cat oh
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that we as a leading company had access to ah twenty two percent
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interest uh kept oh that means that eh in order to be able to lay
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in it we had to chat much martin twenty two percent per year
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also the information uh symmetry between the the guys in the small players like that's
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it would they control the information if you don't have good information okay they make good lady decisions
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and finally they all got only stick markets that crashed illegal guys the new entrants
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that's why there are to be young people in the world where excluded from the financial system in that's the problem
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and luckily we have the solution sloppy network is that these centralise network that
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is incentive ice by the creation of a new talking this laptop going
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it it means to solve the problem the off axis of
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high cost of capital in the information uh symmetry
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it's all this lap exchange they they wanted it up is um a
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platform to connect investors from countries like switzerland and chopping and
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where they have negative interest rates with credit companies that from press you for example
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so the companies will be able to raise money at much lower
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cost in the vessel will have high returns so a
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we're not doing you to be here is actually we're to be isn't is the consumer right just to uh
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also this lab be financially the is our ally ah mobile phone at which you
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can download and a look at your financial information like baking statements review review
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some owns testimonials from people you'll be business we've in the in a it
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does it it becomes available for all credit companies at the same time
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in the two consoles a big companies have to pay you into cans
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so you can generate a passive income i would be your information on the
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block chain it in that way with all the information the symmetry problem
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in the bottom market is the a interface where corporate credit companies
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and other companies can perches in both disinformation anonymously so
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instead of people making money with your information you are actually
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be baited into cans by your information right customs formative
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a in this an example of how we're going to greet us circle economy around the two can
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yeah like the great article wrote by jamie right for not live majors i really like that article
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so we're going to use it defies the ah network eh like oh of investors credit
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company will be doing business we far too can just walk in a token
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it also uh by using our our uh and solo shows in by adding new players like credit
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scoring so we really want to be a a utility do can for other people do
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to use it is to drive the that made the for it
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the long term so this is our token offer economics will issue a hundred million that's why people we can see
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we'll do a seventy percent eh eh we'll sell seventy percent of it in the i. c. u.
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in the uh for how the founders in early investors that would be um
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remote three years eh vesting period we flat when leo lock up so
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we will know that we are very committed to the project
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so in the date of the crowd seal a one ether
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would be equal to three hundred sloppy too it's
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and the crowd sales stance on november twentieth please visit our website sloppy problem network if you want to learn more
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eh this is our team we are eleven people right now i'm a former
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google employee in went for draper university that's how we met in draper
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eh to do is i'll sit you are masters degree has
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a master's degree in computer science from 'cause you
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i mean you is like great designer in a this is after the fountain team
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also we have been a few already input on the net is as r. c. o. n. c. f. o. they're both economists
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we have three more developers true financial analysts in one great marketing person eh
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so these are our partners eh in the legal side we have the support of in in the use with someone
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h. c. you improve zero and they are the support of ryan david williams
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our attorney in the us in regard to that second ago uh eh
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supporters we have a partnership with a star labs which are the because of the
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company developing in the block chain improve zero in i. g. two s. group
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which is um a security that reach our security consultants for the
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ice you we also part of group the valley association
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