Newly Established Crypto Company Seeking Loan in Lucerne, Switzerland

Crypto Bank for Ethereum blockchain (decentralized exchange, user account, branch in Swiss bank)
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Crypto
Locations  Lucerne
Local Time 5:32 AM Europe / Zurich
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 220 thousand for 15.0% annual interest, 2 years (Native Currency: CHF 200,000)
Reason: Software development and establishment of a branch in Bank.
Collateral Available: USD 220 thousand
Includes physical assets worth USD 22 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We are a crypto-currency platform, dedicated to the construction industry in western European market.

- How it works: -

Step 1: Contractor needs to bid for a project listed by a verified customer.

Step 2: On successful bidding, our platform will supply the construction materials and also take care of the wages. Here, the contractor's work will be only to execute the project. The supply of material will be treated as loan given to the contractor.

Step 3: We will charge the total project value to the customer which would include material cost, wages and value for the service. The differential amount i. e the value for the service, will be the revenue of the contractor.

Step 4: On successful execution, the contractor is obliged to pay us 15% of the material cost in exchange of tokens and this will be our revenue.

- We guarantee our partner's profits from the price fluctuation of the crypto-currencies. The process of buying out tokens by contractors will lead to a reduction in the number of tokens in the cryptocurrency market thus ensuring the growth in price of the tokens.

Products & Services Overview

Crypto currency platform.

Facilities Overview

Based in Lucerne, Switzerland.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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