For Lenders:
GN Compass cryptocurrency-Backed Loans ™ creates constant liquidity in the lending market. This is accomplished by allowing lenders to sell portions of loans or their entire portfolios. Lenders are not locked in to the term of a loan and can liquidate their loan positions for any reason (E.g. financial hardship, increased GNCT price etc.), only after a certain no-trade time period has been reached. The buying investors will reap the benefits of the loans being paid back by borrowers while the selling investor still makes a profit. By using blockchain technology to verify and distribute all transactions across the Ethereum network, it guarantees transparency. Lenders also have their funds backed by GNCT which protects their principal investment.
For Borrowers:
Borrowers can access funds at a fraction of the time compared to banks and pay lower interest rates. For example, a standard Credit Card typically charges a 19.99% interest rate; our highest risk rating is “D”, which falls under our micro-loans division and has an APR of 16.99% which is also the highest interest rate a borrower will be charged on the platform. Also, we have our own credit system that doesn’t just use consumer aggregation (credit scores) to make loan decisions. Borrowers also have the opportunity to increase their GN Compass credit rating with timely payments which will grant them access to borrow higher amounts in the future and receive GNCT for their good payment history.

 

“ To improve is to change, so to be perfect is to have changed often. ”

Sir Winston Churchill

ROAD MAP

2017
2017

Q2 2017:

RESEARCH AND DEVELOPMENT OF CONCEPT.
2017

2017 Q3:

BUSINESS INCORPORATION AND TEAM EXPANSION.
2017

Q4 2017:

BUILDING CORE STRATEGY AND FUNCTIONALITY. PRODUCT DEVELOPMENT BEGINS. DEVELOPMENT OF ERC20 TOKEN & MULTI-SIG WALLET.
2018
2018

Q1 2018:

RAISE SEED FUNDING (INITIAL TOKEN OFFERING PRE-SALE).GN COMPASS MARKETING CAMPAIGN LAUNCH.
2018

Q2 2018:

HIRE MORE TEAM MEMBERS. GN COMPASS SMART CONTRACT TESTING AND BUG TESTING.
2018

Q3 2018:

MVP RELEASE WITH CONTINUED BUG TESTING AND IMPROVEMENTS. GNCT TO BE LISTED ON AT LEAST ONE WIDELY RECOGNIZED EXCHANGE.
2018

Q4 2018:

RELEASE OF GN COMPASS LENDING PLATFORM ON ANDROID AND IOS.

IN THE NEWS

STRATEGIC PARTNERS

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FUND ALLOCATION

CONTACT US

Drop us a line or give us a ring. We love to hear from you and are happy to answer any questions.

OUR OFFICE

4511 Glenmore Trail #27, Calgary, AB T2C 2R9

OUR MAIL

info@gncompass.com

WEBSITE

https://gncompass.com

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