A New CryptoCurrency Lending Platform SFICoin ICO is going to start on 26st Nov 2017 with the coins going on sale for just $0.1
SignUp:- SFICoin - Blockchain Technologies limited
White Paper: SFICOIN - White-Paper SFIICO Coin Sale Start On 26th Nov 2017
SFICOIN is an open source, peer-to-peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment. This means anyone holding SFICOIN in their wallet will receive interest on their balance in return for helping maintain security of the network.
Road Map
- November 2017
- Initial Coin Offering
- Windows/Web Wallet
- Security Improvement
- December 2017
Start Lending Program
- Trading On Exchange
- Android/iOS Wallet
- Block Explorer
January 2018
- Listing On CoinMarketCap
- Linux/Mac Desktop Wallet
- SFICOIN Debit Card
- Target Price $5
February 2018
- Staking Wallet Launch
- Start Partnership with Merchant Sites
- Top 50 On CoinMarketCap
- Target Price $10
December 2018
- Top 10 On CoinMarketCap
- Target Price $100
SFICOIN is a digital currency which is bit different currency type from the one that we use. You can pay or send money to anyone, anywhere in the world in the form of this digital currency and that too in almost zero cost. It’s the future of all the monetary transaction which happens in today’s time. And the most important part is that the transaction occurs in friction of a second.This year has seen a huge rise in the price of cryptocurrency, the total market cap is now well over $200 billion, bitcoin still dominates the market with just over half of the total market cap and a coin price exceeding $8,000. However many other currencies have recently grown quickly too. There's also been an increase in the amount of ICOs (initial coin offerings), these sales allow start ups or businesses to raise funds in return for distributing their coins or tokens. Many now believe this to be a better way of funding compared to more traditional methods.
Lending platforms One of the industries in crypto that has seen the biggest gains so far this year has been lending platforms, these businesses offer investors high rates of interest in return for lending them money. They claim to use trading bots which trade Bitcoin and other cryptocurrencies and in return for giving them more capital they offer investors a high rate of interest.
Bitconnect was the first to launch their ICO and they've since seen their coin grow from just $0.1 to $300. Recently more platforms have started their token sales and also seen their price grow quickly.SFICoin
Lending platform The new website claims that investors will be able to make up to 50% interest per month. This money will be paid directly into your wallet every day. They offer 5 differend lending options from as low as $50 up to over $100,000. Your capital will be locked for a set amount of time, you can check the full details on their website:
ICO Details The coins are initially going on sale for just $0.1 so it's best to get in early.
Conclusion- Is it a Scam? Due to the high rates of interest that crypto based lending platforms offer some people believe them to be ponzi schemes, however so far Bitconnect has already been running for over a year which is longer than most platforms offering such high rates of interest should last. All ICOs are risky however so please don't invest more than you can afford to lose. I personally view these types of investments as a great calculated risk and have recently been investing in all of them. The price of the coin tends to go up 10-15x as soon as it's listed on an exchange. By combining the lending profits with the increase in coin value it's normally possible to make very high returns.