SOFIN.IO P2P LOANS INTERNATIONAL FIAT PLATFORM FOR P2P LOANS BASED ON BLOCKCHAIN

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1 INTERNATIONAL FIAT PLATFORM FOR P2P LOANS BASED ON BLOCKCHAIN

2 Prerequisites for the development of the project Offline MFO «ExpressMoney» Opening of the network of microloans points where the verification experience of the borrower (private individual), the legal basis and the high income financial model were obtained. The business was successfully sold. Mining rigs, cryptotrading Establishment of own mining rigs. Extensive experience in cryptocurrencies trade, investing in cryptoprojects Region Guarantee Fund Creating the structure that allows entrepreneurs to obtain the necessary funding through the fund s surety. In three years, the amount of bail was $51 million. Opening of the Verum law firm The company provides legal support for construction and investment projects, including foreign investment. The Verum team of seven people forms the legal service of the SOFIN Company. Opening of the Elonsoft IT Company The formation of a team with experience in the development of international-level Internet projects, including the creation of MVP for startups. There are 16 programmers in the company now, who will work on the SOFIN platform after TGE.

3 Prerequisites for the development of the project P2P Platform Concept The idea of creating marketplace financial resources for a single window system where individuals and companies can obtain loans from any people, MFOs, banks. with a minimum and transparent rate in auction mode. Starting of system development Definition of the financial model for development. Design the technical part of the platform, design the interface, and start programming business logic to date Private P2P loans to entrepreneurs Since 2014 to date, the successful experience of connecting people who have money and legal persons who need credit. The interest rate allows each party to earn. To date, there have been no returns. The loan portfolio now exceeds $1.5 million. Running of the «Loan Club» Online MFO Build a loan and verification system for borrowers online. Development of scoring software, integration with credit history systems and online processing. Gain experience of attracting borrowers in the Internet. In this project, we ve worked on all the important elements of a future P2P platform, and there are 14 people working in the company.

4 Project Team Andrey Tuchkov Chief executive officer Zhugastrov Trofim Chief product officer Nikita Lushpanov Chief blockchain officer Vitaly Slobodin Chief technology officer Anton Kruchko Chief legal officer Professional financier with 17 years of experience. Led the units of the leading banks (Raiffeisen, Bank Center-Invest), created the Regional Guarantee Fund (www. dongarant.ru), started business of MFOs, including the online one. More than 10 years of experience in creating software products. Founder, CEO of Elonsoft, IIDF tracker, formerly deputy director of the Southern IT Park (OJSC Regional Development Corporation ) Experienced cryptotrader and investor. Entrepreneur with experience in offline/online business projects. More than 6 years of experience in developing Web projects. More than 8 years of experience in software development. The director in Elonsoft, the member of the Google Chrome team, in the past the, the maintainer of Phantomjs and developer of Yandex. Browser. A lawyer with a 16-year-old practice. He was the head of the legal department of the largest building concern. Since 2012, he has been the head of the Verum law firm.

5 SOFIN and Banks What problems we solve? Money from country 1 Money from Received in $ Received in $ $ $ country 2 country 1 country 2 BANK in country 1 BANK in country 2

6 P2P lending in the world P2P Credit Market Market Potential Since 2010, the world credit market has grown by 123%. Between 2014 and 2020, the expected growth is 53% $bn % CAGR Australia China United Kingdom USA % CAGR According to Morgan Stanley

7 How does the SOFIN platform work? Auction Responses Rate: $500 for 2 weeks, desired percentage 15% Participates in bids 1 Creditor 1 Borrower Places a loan request Application: $500 for 2 weeks, desired percentage 10% Rate: $500 for 2 weeks, desired percentage 20% Participates in bids 2 Creditor Best Rate Selection Rate: $500 for 2 weeks, desired percentage 13% Participates in bids Responses 3 Creditor 2 Borrower Places a loan request Application: $200 for 2 weeks, desired percentage 5% Best Rate Selection Rate: $200 for 2 weeks, desired percentage 10% Rate: $200 for 2 weeks, desired percentage 7% Participates in bids Participates in bids 4 Creditor

8 How does the SOFIN platform work? Scoring and verification Third-party scoring Creditors Creditors take credit ranking into account when deciding on the terms of the loan Scoring based on AI & machine learning Inquire into transaction history Blockchain stores credit history and all smart contract transactions Third-party scoring

9 How does the SOFIN platform work? The issue The actual operation is saved in blockchain as a transaction Blockchain of money Creditor Transfers the money, and it can be up to 20% of the amount as the SOFIN tokens that the system will automatically redeem, and in the future, as other cryptocurrencies. Smart Contract replenishing the borrower s account and payment the 5% fee to the platform, automatical generation of the transaction documents for all parties Moves money to a card or account Borrower Accruing SOFIN bonus tokens in the equivalent of 1.5% of the transaction amount

10 How does the SOFIN platform work? Loan return The actual operation is saved in blockchain as a transaction Blockchain Creditor Return the loan body in the fiat currency Smart Contract replenishment of the creditor account Returning parts or entire amount Borrower The return of the loan interest can be obtained in the fiat currency and income tax can be paid, or obtained in SOFIN not to pay taxes Accruing SOFIN bonus tokens in the equivalent of 1.5% of the transaction amount

11 How does the SOFIN platform work? Dispute The actual operation is saved in blockchain as a transaction Blockchain over arrear 1 Negotiate with the debtor 2 3 Automatically sells debt to collection agents Generates documents to the court Smart Contract Debtor returns Money (positive scenario) Transfers money Borrower Debtor does not return money (negative scenario) The fact that the loan is not returned, is recorded in blockchain

12 Differences from the key competitors We are unique Traditional P2P Open transaction system Lending Projects samples: Lending Club, Zopa, bezbanka.ru etc. Blockchain Bonus model Loans Legal purity and transparency in cryptocurrencies Sample projects: Everex, Poloniex, Btcjam etc. Own Guarantee Fund

13 ЮРИДИЧЕСКАЯ ЧИСТОТА SOFIN.IO P2P LOANS Basis of our platform Platform legal force Check Verification Ranking Flow Passport IIAN Card verification Credit history Borrower s reliability All documents are generated automatically TI N Scoring Full verification Documents have full legal force

14 How the SOFIN token can be used The SOFIN token Tokens are bought in the market to pay the fee for every loan and 1% of the loan amount is burnt in tokens. Part of the loan (up to 20%) can be issued in tokens, that the system will automatically buy and exchange to the fiat currency for the Borrower Tokens can be used as an intermediate link in exchange of one fiat currency to another, to issue loans in the currency of the Borrower Tokens can be bought/sold on the exchange Token holders will receive some advantages over the system s ordinary users (external differences in the service interface, more profitable bonus terms, etc.) Large token holders in the system will be further flagged as the trusted members of the system. They will have more profitable loan terms (if necessary). Such holders will receive a bonus: a reduced fee of the system to make a loan for their tokens. The system will provide a guarantee for such borrowers and, in case of default, to cover the loan instantaneously from its own money, in the future by covering the arrear by buying the mortgage tokens from the borrower. These borrowers will thus have the highest ranking in the system and, as a result, will be able to attract funds on the most profitable terms, as the investor will ask for a minimum low rate of risk at almost zero. We plan to have the token rate grow to $20 within a year of the service running. The team will actively support the rate, and when achieve this value, a new flow of investment will be obtained through the smart contracts token sales.

15 SOFIN.IO P2P LOANS Token sales Token distribution Spent on the team: escrow, advisers, key staff (without the right to sell in the next 1 year) 450 mln Will be transferred to the company account to pay for bounty and form the guarantee fund Public sale (funds will be used to develop and launch the platform)

16 Token sales Token Generation Event TGE SOFIN Soft cap $ has passed. 1 SOFIN = $ 0.4

17 Project Development Plan pretge November 6, 2017 To leverage funds to complete the development of the platform, to output the SOFIN token to TGE, to adjust the white paper and the business model based on feedback from investors and cryptocommunity. TGE January 15, 2018 Leveraging funds for platform development, listing of exchange tokens, establishment of the Guarantee Fund, and international expansion. SOFIN.IO P2P LOANS Q1 To redeem the token on the exchange 2018 To place the SOFIN token on the cryptocurrency exchanges for free bidding. To implement a tokensupport strategy and increase it to $10. Direct correlation of rate growth with turnover of loans on the platform is achieved through the reverse buy-out of the SOFIN tokens for the transaction bonus payments laid down in the platform

18 Project Development Plan Q1-Q2 Running of the platform and the Guarantee Fund option in Russia 2018 The first issue of loans through the SOFIN platform is from the MFOs partners, early followers and their own funds. Once the guarantee fund has been launched and the risk of repayment has been reduced, it is planned to attract a large number of creditors. Running of one country per a quarter 2019 The high prospects and growing market for P2P lending are concentrated in the regions: Asia, Africa and Latin America. The first countries outside CIS in which we start lending will be Myanmar and Cambodia. Q3-Q4 Running of the platform in CIS countries SOFIN.IO P2P LOANS 2018 Loans in Russian-speaking countries, beginning with Georgia and Kazakhstan and the next stage in Ukraine and Belarus. In each country where we will issue loans, a local office will be opened to interact with the verification, scoring and credit history systems of that country. This will provide 100% legal purity, which is a distinctive feature of our platform. In the same way, local partners are planned to give loans in each country. Planning figure is 1$ million by 2018.

19 Advisers Konstantin Ivanov Founder of tradingview.com, the world s largest social network for traders which works in 16 countries. More than active traders use the platform every month. Alexey Telnov Partner at VC arm of one of the largest family offices in Eastern Europe, former investment director at itech Capital ($100+M AUM), responsible for fintech, blockchain and marketing tech investments (including TradingView, BitFury, Clickky and others). Anton Dzyatkovskiy Co-founder, Chief Investment Officer of of Micromoney. Successful entrepreneur, experienced negotiator, creative marketing expert. Passionate and hardworking leader with 13 years of successful work in various positions in companies engaged in financial technology, retail business and e-commerce. Dr. Rupal Agarwal Entrepreneur, Strategies Implementation Expert, Retail Management Consultant, Blockchain & AI Enthusiast, ICO Consultant, Founder & CSO Obizcoin, Co-Founder at Your Retail Coach one of India s most successful companies in B2C Consulting: www. yourretailcoach.in Our services include Standard Operating Procedures (SOP ) Designing, Franchise Consulting, Business Model, Startup Management Consulting.

20 Partners

21 Mass media about us

22 Resume We successfully collected $165,000 during the pretge stage We have active micro finance online business «Loans club». We have a demo of our product demo.sofin.io We have an agreement with CoinPlace about token distribution after the TGE stage We presented the project in: France Italy Switzerland Germany Russia South Korea Hong Kong

23 THANK YOU FOR YOUR ATTENTION! Our contacts Andrey Tuchkov CEO