iP2PGlobal Cryptocurency Financing Platform

Start : TBA - End : TBA

The rapid advancement in Blockchain technology, opens up a host of possibilities to build a comprehensive financial services ecosystem in an open and transparent manner. Tapping on this technology, iP2PGlobal aims to introduce a global solution to provide affordable and accessible financing to borrowers and attractive risk-adjusted returns to lenders.

iP2PGlobal plans to develop a peer-to-peer ("P2P") financing platform using smart contracts and blockchain technology called iP2PGlobal Personal Financing Platform (hereinafter referred to as “iP2PGlobal Platform” or “Platform”). The iP2PGlobal Platform will bring together borrowers and lenders from all over the world and connects them on a single platform in a trusted, fast and easy manner.

The financing products offered over the platform is based on Sharia finance principles. Sharia finance principles mean prohibition of interest and usury, steering clear of uncertainty based transaction, avoiding gambling and avoiding investments in the production and selling of impure goods and goods of no use or no value. Sharia finance principles also relates closely to the concept of ‘Ethical Finance’ that emphasise the values of fairness, equality and morality in finance.

iP2PGlobal Platform will open up financing to a big Muslim population (estimated population of 2.18 billion(1), who wants to borrow and lend according to Sharia finance principles. However, although Sharia financing products are sought after by Muslims, this does not preclude or should deter non-Muslims from tapping onto the platform, iP2PGlobal Platform is open to everybody regardless of their gender, race or religion

. Two financing products, an unsecured and a secured personal financing products based on Tawarruq(2) contracts will initially be offered. In the future, we aim to add other financing products based on other Sharia financing contracts, such as Ar Rahnu and Musharakah(3) amongst others.

Details

Token : TWQ
Launch Pad : Exmarkets
Platform : Ethereum
Type : Utility
Price in ICO : 1 TWQ = 0.10 USD
Bonus : 20%
Tokens for sale : 50,000,000
MVP/Prototype : Available
Country : Cayman Islands
Whitelist/KYC : KYC
Restricted areas : Cayman Islands, USA
Accepting : ETH, BTC
Soft Cap : 500,000 USD
Hard Cap : 5,000,000 USD
Distributed in ICO : 30%

Project Team :

Rashdan Ibrahim
Rashdan Ibrahim

Chief Executive Officer

Muhammad Radzi
Muhammad Radzi

Chief Operations Officer

Afdha Yusof
Afdha Yusof

Chief Marketing Officer

Derek Lee
Derek Lee

Head of Business Development

Azli Noor
Azli Noor

Head of Legal and Compliance

James Loy
James Loy

Head of Credit Risk Management

Advisors:

Dr Ahcene Lahsasna
Dr Ahcene Lahsasna

Advisor

Azzizi Mohamad Ghazi
Azzizi Mohamad Ghazi

Advisor

Azaraie Mohamad Ghazi
Azaraie Mohamad Ghazi

Advisor

Scott Phillips
Scott Phillips

Advisor

Azmin Hassan
Azmin Hassan

Advisor

Abdul Rahman Ibrahim
Abdul Rahman Ibrahim

Advisor

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