FIC Network is a blockchain-based, end-to-end, decentralised fixed income assets network that enables the listing, exchange, securitization, and redemption of fixed income financial instruments.
FIC Network is an end-to-end decentralized fixed income securities network that enables the listing, exchange, and securitization of fixed income financial instruments. FIC Network is an asset-agnostic, multi-currency distributed ledger primarily focused towards institutions using traditional currencies and adapting to cryptocurrency markets. Crypto hedge funds and traditional asset managers will greatly benefit from cost savings and expanded market opportunities.
Team has been building the network since early 2016, attracting seed funding from three institutional investors: Boost VC, Startupbootcamp Fintech NYC, Bialla Venture Partners. We are building a blockchain-based fixed income market that will operate similarly in concept to the traditional systems, but will reduce costs, operational friction, and risks along with improved audit-ability and transparency.
This technology will allow the users to list, buy, and sell any type of fixed income securities/financial instruments, including loans, bonds, collateralized loan obligations (CLOs), asset-backed securities (ABS), syndicated loans, credit default swaps (CDS), and futures.
The network is primarily meant for financial institutions such as crypto asset managers, banks, investment banks, lending companies, hedge funds, credit funds, insurance companies, family offices, and corporations, as well as for service providers like valuation firms, auditors, law firms, and ratings agencies. The solution will be opened to individuals in later iterations. This will also open the door to a cryptocurrency fixed income market, a growing need in the crypto space.
FIC Network is an end-to-end decentralized fixed income securities network for crypto economy that enables the listing, exchange, and securitization of fixed income financial instruments denominated in crypto or fiat currencies thus merging both markets. Participants will be able to issue and trade Asset backed securities, Credit, Corporate Bonds, Collateralized Debt Obligations, Credit default swaps, Futures and Options.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
|0.1 USD||No||-||Uncapped||16,000,000 USD|
18 Jan 05:56 UTC
15 May 05:56 UTC
|0.1 USD||30% - 70%||Min 10000 USD||Uncapped||16,000,000 USD|
Private sale —
|0.1 USD||35% - 70%||Min 10000 USD||Uncapped||3,500 ETH|
USD = 1 eFIC Hardcap (shared with all presale/crowdsale tiers): 16,000,000 Crowdsale ends when hardcap is reached earlier.Pre-sale
Presale Tier 1 price: 0.1 USD = 1 eFIC plus 30% bonus.
Additional lock-up bonus (optional, stacks with tier bonus, locks all tokens purchased): 90 day lock-up: 35% bonus, 180 day lock-up: 70% bonus.
Min: 10,000 USD Hardcap (shared with all presale/crowdsale tiers): 16,000,000 USD ICO ends when hardcap is reached. The team will announce which tier is currently active.Private sale
Private sale Wave 1: 0.1 USD = 1 eFIC plus 60% bonus.
Private sale Wave 2: 0.1 USD = 1 eFIC plus 45% bonus.
Additional lock-up bonus (optional, stacks with wave bonus): 90 day lock-up: 35% bonus, 180 day lock-up: 70% bonus.
Min for private sale: 10,000 USD
Private sale cap (shared with all private sale tiers): 3,500 ETH Immediately ends private round and starts presale round once private sale cap is reached.
BoostVC, the World's leading blockchain accelerator, invests
Testnet App Alpha version
Newblock fund fintech angels invest
FIC Network App Launched