Welltrado ICO and Token Sale Review

Welltrado

Welltrado

Running Now
Welltrado

Welltrado

Welltrado is hoping to be at the top of the food chain in introducing P2P lending to the world of blockchain. The P2P lending sector alone was valued at $117 Billion last year. Welltrado want to function as a one stop shop, allowing holder’s access to the best P2P loans available globally as well as a host of other financial services.

About the Project

Welltrado is offering the opportunity to become part of a scalable global platform which will facilitate P2P lending among cryptocurrency holders and lenders. It hopes to stand out from its competitors by offering services in the following key areas:

  • Aggregating all of the available P2P loans on the market and rating them to give users the best possible option.
  • Offering easy methods to diversify your crypto holdings globally and cross-platform like never before.
  • Offering other financial service investment opportunities such as derivatives and fund management and investing.

This project is aiming to dominate the crypto lending market with a combination of convenience and professionalism.

The ICO

The ICO will run from April 9th to June 25th and a big plus for the company is that they already have over 50,000 active users and $3.5 million invested through their platform.

The first week of the ICO will be in pre-sale with a bonus of 25%. This bonus progressively declines in each following seven day period to the regular non-discounted price for the final 14 days approaching the June 25th conclusion.

The ICO sale encompasses 65% of the projects tokens with a further 25% going towards the platform itself and a final 10% going to team members. This team member allocation is locked in for a period of one-year.

Residents of USA, Singapore, South Korea, China and Hong Kong are all prohibited from participating in this ICO.

The Token

WTL is the token which will be launched and it will be valued at 1000WTL =1ETH. ETH will be the accepted form of investment during the ICO. There will be a hardcap of 65,000,000WTL with any unsold coins being burned in the post-ICO phase. The company are currently in negotiation with both Binance and YoBit in regard to trading the coin at exchange after launch.

Overview

  • SymbolWTL
  • TypeERC20
  • Countrylithuania
  • Start Date2018-04-09
  • End Date2018-06-04
  • Payment MethodETH
  • Total Supply65000000
  • SectorArtificial IntelligenceBankingPlatform
  • Start Price0.001 ETH
  • PlatformEthereum

Team

  • Tomas Medeckis
    CEO, Co-founder

    Experienced Managing Partner with a demonstrated history of working in the information technology and services industry. Skilled in Negotiation, Sales, Asset Management, Sales Management, and Equities. Strong business development professional with a Master's degree focused in Accounting and Finance from Syddansk Universitet.

  • Kim Nielsen
    CDO, Co-founder

    Senior designer and strategist, with a decade of experience in the creative field. Kim has earned recognition for his work in over 300+ newspapers, including interviews with New York Times and BBC. Skilled in complex visualization, UX and strategy with a strong focus on innovative and human-centered solutions.

  • Žygimantas Stancelis
    CTO, Co-founder

    Zygimantas is an IT generalist with 5 years of professional experience in web development and functional programming. Self-driven business-minded developer who is highly familiar with asynchronous services, APIs and automated data collection.

  • Arturas Svirskis
    CBDO, Co-founder

    I feel the best in business development and marketing positions. I have deep understanding and experience in these Fintech industries: P2P Lending; ICO marketing and process development; Payment Service Providers and e-currency exchangers; Blockchain and cryptocurrencies.

  • Povilas Urbonas
    BDO, Co-founder

    Passionate about entrepreneurship and innovations. Great business strategist, organizer, communicator and simply problem solver. Has a long term experience in analyzing and investing to different types of equity. 6+ years of studies in pure economics.

  • Aistė Paliukaitė
    Business development manager

    Aiste is a Certified Financial Broker and Investment Advisor with 5 years of experience in investment banking field. Aiste role is to identify how each of our clients envisages their wealth and then help them create and implement an action plan to achieve defined objectives in light of their own lifestyle and life goals.

  • Aleksandras Levčenko
    App developer

    Alex Levchenko is a Software Engineer who is passionate about mobile development. His mobile development experience has primarily been in building apps from scratch to revenue Alex Levchenko has been engineering mobile apps for ages but he is comfortable with other languages such as C#, JavaScript and Java

  • Wolfgang Richter
    Executive partner at DWF law firm

    Wolfgang is a business lawyer and economist with long-term experience in financial transactions and development and execution of business models. His main focus currently is on blockchain on crypto currencies to advise on blockchain and crypto currency related projects.

  • Nick Evdokimov
    Founder at ICObox.io

    Nick Evdokimov is an inspired visionary blockchain entrepreneur with vast experience founding and developing innovative blockchain projects and automating and scaling up digital marketing processes.

  • Tomas Martunas
    Managing Partner Goldfish Fund

    Managing Partner at Goldfish Fund – Venture Capital Fund that Invests into Global Leaders. Experienced early stage investor. Spectacular entrepreneurial & operational experience.

  • Xiaochen Zhang
    CEO Blockchain Frontier Group President, Fintech4Good

    Xiaochen leads the implementation of FinTech4Good and Blockchain Frontier Group’s strategy which aims to introduce cutting edge fintech and blockchain solutions to emerging markets through incubation, acceleration and investment

  • Ignas Mangevicius
    Blockchain-Based Systems Developer, edgeless.io co-founder

    Blockchain expert, Co-Founder of Edgeless (+200M USD market cap), which had one of the first and most successful ICOs. Now focusing more on smart contracts and Ethereum-based decentralized apps.

  • Darius Barušauskas
    A credit risk scoring expert

    Darius has a master's degree in Econometrics and is a credit risk scoring expert. During his 7 years of experience he has built over 30 credit risk scorecard models for a financial sector, including banks, consumer loans, leasing and P2P lending companies.

  • Mihaly (Mike) Boris
    Managing partner at GB&Partners

    Mike is a serial entrepreneur and private equity fund manager with more than 20 years experience in CEE. He has built up and operated various financial service providers, most recently he launched GB&Partners, a leading private equity boutique in Budapest.

  • Cristobal Alonso
    CEO at Startup Wise Guys, the leading B2B accelerator in Europe

    Cristobal is an experienced serial Entrepreneur and Global Executive (with focus on telco, media & software Development) and INSEAD MBA.

  • Edward W. Mandel
    Blockchain advisor

    Edward is an Ernst and Young Entrepreneur of the Year Finalist, Blockchain Enthusiast and visionary behind many successful organizations. An avid entrepreneur, Edward has a knack for designing distinctive business models complemented with superior technology to deliver unparalleled service and profitability.

  • Phillip McFall
    Bloomberg L.P. Financial Sales and Analytics

    Phillip did his graduate studies at University of Southern Denmark and Copenhagen Business School, with a focus on accounting and finance. He spent a summer abroad at the London School of Economics.

  • Sarunas Belickas
    Entrepreneur, IT City – managing director

    Sarunas newest venture is a modern lottery company - Smart Lotto. He has 12 years experience in business. Sarunas has been managing IT company - IT City which has branches in UK and Denmark

  • Tomas Medeckis
    CEO, Co-founder

    Experienced Managing Partner with a demonstrated history of working in the information technology and services industry. Skilled in Negotiation, Sales, Asset Management, Sales Management, and Equities. Strong business development professional with a Master's degree focused in Accounting and Finance from Syddansk Universitet.

  • Kim Nielsen
    CDO, Co-founder

    Senior designer and strategist, with a decade of experience in the creative field. Kim has earned recognition for his work in over 300+ newspapers, including interviews with New York Times and BBC. Skilled in complex visualization, UX and strategy with a strong focus on innovative and human-centered solutions.

  • Žygimantas Stancelis
    CTO, Co-founder

    Zygimantas is an IT generalist with 5 years of professional experience in web development and functional programming. Self-driven business-minded developer who is highly familiar with asynchronous services, APIs and automated data collection.

  • Arturas Svirskis
    CBDO, Co-founder

    I feel the best in business development and marketing positions. I have deep understanding and experience in these Fintech industries: P2P Lending; ICO marketing and process development; Payment Service Providers and e-currency exchangers; Blockchain and cryptocurrencies.

  • Povilas Urbonas
    BDO, Co-founder

    Passionate about entrepreneurship and innovations. Great business strategist, organizer, communicator and simply problem solver. Has a long term experience in analyzing and investing to different types of equity. 6+ years of studies in pure economics.

  • Aistė Paliukaitė
    Business development manager

    Aiste is a Certified Financial Broker and Investment Advisor with 5 years of experience in investment banking field. Aiste role is to identify how each of our clients envisages their wealth and then help them create and implement an action plan to achieve defined objectives in light of their own lifestyle and life goals.

  • Aleksandras Levčenko
    App developer

    Alex Levchenko is a Software Engineer who is passionate about mobile development. His mobile development experience has primarily been in building apps from scratch to revenue Alex Levchenko has been engineering mobile apps for ages but he is comfortable with other languages such as C#, JavaScript and Java

  • Wolfgang Richter
    Executive partner at DWF law firm

    Wolfgang is a business lawyer and economist with long-term experience in financial transactions and development and execution of business models. His main focus currently is on blockchain on crypto currencies to advise on blockchain and crypto currency related projects.

  • Nick Evdokimov
    Founder at ICObox.io

    Nick Evdokimov is an inspired visionary blockchain entrepreneur with vast experience founding and developing innovative blockchain projects and automating and scaling up digital marketing processes.

  • Tomas Martunas
    Managing Partner Goldfish Fund

    Managing Partner at Goldfish Fund – Venture Capital Fund that Invests into Global Leaders. Experienced early stage investor. Spectacular entrepreneurial & operational experience.

  • Xiaochen Zhang
    CEO Blockchain Frontier Group President, Fintech4Good

    Xiaochen leads the implementation of FinTech4Good and Blockchain Frontier Group’s strategy which aims to introduce cutting edge fintech and blockchain solutions to emerging markets through incubation, acceleration and investment

  • Ignas Mangevicius
    Blockchain-Based Systems Developer, edgeless.io co-founder

    Blockchain expert, Co-Founder of Edgeless (+200M USD market cap), which had one of the first and most successful ICOs. Now focusing more on smart contracts and Ethereum-based decentralized apps.

  • Darius Barušauskas
    A credit risk scoring expert

    Darius has a master's degree in Econometrics and is a credit risk scoring expert. During his 7 years of experience he has built over 30 credit risk scorecard models for a financial sector, including banks, consumer loans, leasing and P2P lending companies.

  • Mihaly (Mike) Boris
    Managing partner at GB&Partners

    Mike is a serial entrepreneur and private equity fund manager with more than 20 years experience in CEE. He has built up and operated various financial service providers, most recently he launched GB&Partners, a leading private equity boutique in Budapest.

  • Cristobal Alonso
    CEO at Startup Wise Guys, the leading B2B accelerator in Europe

    Cristobal is an experienced serial Entrepreneur and Global Executive (with focus on telco, media & software Development) and INSEAD MBA.

  • Edward W. Mandel
    Blockchain advisor

    Edward is an Ernst and Young Entrepreneur of the Year Finalist, Blockchain Enthusiast and visionary behind many successful organizations. An avid entrepreneur, Edward has a knack for designing distinctive business models complemented with superior technology to deliver unparalleled service and profitability.

  • Phillip McFall
    Bloomberg L.P. Financial Sales and Analytics

    Phillip did his graduate studies at University of Southern Denmark and Copenhagen Business School, with a focus on accounting and finance. He spent a summer abroad at the London School of Economics.

  • Sarunas Belickas
    Entrepreneur, IT City – managing director

    Sarunas newest venture is a modern lottery company - Smart Lotto. He has 12 years experience in business. Sarunas has been managing IT company - IT City which has branches in UK and Denmark