| Sale Type | Past ICO listing |
|---|---|
| Target Raise | $ 16,800,000.00 |
| Hard Cap | $ 16,800,000.00 |
| Soft Cap | $ 5,000,000.00 |
| Token Symbol | CBLT |
| Token Type | Ethereum |
| Token Price | .084 USD |
|---|---|
| KYC | Yes |
| Whitelist | No |
| Accepts | BTC ETH BNB |
| Distribution | Private Sale: No Private sale; Team / Founders 10 % ; Foundation (Operating Cost): 22.5%; Treasury: 42.5%; Marketing: (included in Foundation budget); Public Sale: 20%; Vault: (Locked Up 20% of funds in Treasury; AirDrop: 5% |
The Cobalt lending platform aims to bring together borrowers into a fair democratic voting community in order to get all size loans from micro loans to six-figure loans all without the over sight of a bank, completely governed by the community and therefor the community directly profits from its’ involvement. The current credit system is fundamentally flawed and the Cobalt platform corrects this by facilitating a community voted and approved lending program on the blockchain that is completely based off the merits of the project, never seeing race, color, or individuals background. The only criteria considered for the loans will be merit of project and collateral provided by the borrower, then the community will be left to decide on funding the proposal or rejecting it.
No, the Cobalt ICO is closed.
The Cobalt token uses the symbol CBLT.
The token price for Cobalt is .084 USD.
Cobalt's KYC requirement is: Yes.
The official website for Cobalt is https://cobaltlend.com/, and the whitepaper is available at https://nkr.655.myftpupload.com/wp-content/uploads/2020/09/Cobalt-Lend-Lite-White-Paper-1.pdf.