Problem


Let's look at the history of one of the most popular cryptocurrency - bitcoin.
Based on the history of the change in the value of the most popular criterion, we can conclude that this
is one of the most volatile assets, which has a general stable growth in price, and since it is the most
capitalized, this dynamics reflects the state of the entire crypto-currency market as a whole. For people
who assess their portfolio in relation to a fiat such as the Dollar or the Euro, this means that the
assessment of their portfolio can be constantly changing during any period of time, both to the large
and smaller side.
All this led to the fact that using the majority of crypto currency as a payment instrument was not
profitable. And they began to have a character - more promising investment tools, which in turn looks
very attractive for use as collateral.
Given that in most countries it is impossible to obtain a bank loan on the security of crypto assets, due
to the lack of legislation and the legitimacy of these assets. This will serve as an impetus for the
development of a new direction for financial lending, and will allow owners of crypto-currency assets to
preserve and increase their portfolio.
Any participant of the crypto-currency market, be it a miner, trader, exchanger and simply an investor
who prefers to keep in the long term, periodically needs a traditional fiat currency. However, the sale of
crypto-currency assets can be quite complex, but a necessary task, in the absence of an alternative
option. And knowing how the market is structured and that the price is likely to continue its growth
movement, you will potentially lose your profit.
It follows that the ability to quickly and without any problems to use their crypto-currency assets, while
not losing the opportunity to obtain further profits from growth, is simply necessary for any cryptoinvestor.
Lending - an excellent solution to this problem. Lending in a stable currency, secured by volatile
crypto-currency assets, would create a new direction in the digital economy. And it would also reduce
the risks of both sides in case of a deep correction of the market.

Troubleshooting

The solution to this problem should be a classic P2P lending model, in which the creditor is a regular user, not a
bank or other financial institution.
However, a significant drawback of this model is the lack of protection and any guarantees, either for the user or
for the creditor, from any fraudulent actions by either party.
NEO Finance is a decentralized platform that takes into account the weaknesses of classic P2P credit models,
which will create a stable and secure system for crediting users.
It will provide you with fiat money, secured by crypto-currency. Thus, this will save you from the need to sell the
crypto-currency, if you have an urgent need for money, and will allow you to use your portfolio without the need
to sell it.
Thanks to the economic model of NEO Finance, the value of the pledge asset is public and understandable to
each participant in the transaction, and the terms of the loan itself are fixed in the detachment.
Since the terms of this transaction are regulated by a smart contract, the solvency of the borrower, the assessment
of the collateral, and the need to collect it from the borrower is no longer necessary. All this makes it possible to
reduce financial costs, which in the traditional banking credit system are subsequently pawned in the interest rate
on the loan.

The platform

NEO Finance offers an international platform in which participants have the opportunity to
instantly receive a money loan with fiat money on bail of volatile crypto assets such as:
• Bitcoin
• Ethereum
• Ripple
• BitcoinCash

Receipt of credit funds can be carried out in the following ways:
• In your wallet NEO Finance
• With the help of a payment card NEO Finance, with the possibility of cashing in any ATM
• Using the user's bank card (for an additional interest)

Eco-system

5.1 Term of the loan.
The duration of the lien will be up to 1 to 12 months. At the end of the loan period, the deposit will be returned in
full. Loan term is established personally by the borrower.
5.2 The system of remuneration for the provision of credit.
The reward system is quite simple and easy to calculate. It consists of the percentage that is paid to the lender and
a one-time fee for the platform. All fees are paid in advance by the platform token.
5.3 Interest rate.
The interest rate is an average of 8% per annum, depending on the term and amount of the loan. It is fixed for the
duration of the smart contract.
5.4 Platform remuneration.
In addition to the interest rate that is paid to creditors, the platform once charges 2% of the total amount of loan
funds paid to the borrower.
5.5 Return of loan.
Borrowers can repay the loan at any time, during the entire term of the smart contract. Replenishment occurs
through a personal cabinet or mobile application in any of the listed ways:
• Payment card platform
• Transferring funds to a crypto-wallet
• Due to the partial sale of the security asset
• Other crypto-currency assets at the market rate

If the borrower fails to repay the loan on time, part of the collateral equal to the amount of debt will be released
and implemented by the platform to compensate for losses caused by the borrower's failure to comply with the
terms of the smart contract. The remaining part of the collateral the borrower will receive back.
5.6 Participants in the platform.
The borrower is a participant in the platform who has received a loan in a fiat currency, on the security of cryptocurrency
assets.
The creditor is a participant of the platform who has deposited money in a fiat currency to issue a loan to a borrower
against a security of crypto-currency assets.

Diversification of risks

6.1 Diversification of creditor risks.
To protect the lender from the loss of the borrowed funds, the platform provides the borrower with a sum of fiat
funds comparable to 50% of the assessed value of the security asset. If the value of the collateral is reduced by
more than 30%, the system will automatically notify the borrower and offer him three options for resolving the
situation:
• Make an additional deposit by crypto currency
• Repay part of the loan with fiat funds
• Pay off part of the loan due to a partial sale of the collateral.
If the decrease in the value of the pledge asset is more than 40%, the system automatically sells the collateral,
the amount necessary to cover the loan. The remaining crypto assets will be returned to the borrower.
Monitoring of the definition and tracking of the break-even ratio of the collateral asset will be carried out by selflearning
artificial intelligence on a specially developed platform algorithm. It will allow to determine not only the
current break-even ratio of the pledge asset, but also to calculate it in advance, depending on the situation on
the market. At the initial stage of the work of artificial intelligence, the break-even ratio will be calculated by
calculating the percentage of the initial value of the pledge asset, relative to the present value of the same asset.
In the process of platform development, the calculation of this coefficient will be carried out by analyzing
statistical data on the current state of the market, based on the indicators of various financial instruments
obtained through API-keys of exchanges.
6.2 Diversification of the borrower's risk.
That the borrower could minimize the risk of his investment portfolio, which acts as collateral, he
can do the following:
• Make a pledge asset with a set of several crypto-currencies of different volatility
• Set the maximum threshold for reducing the break-even ratio of the security asset, at which point the
system will automatically sell the collateral, the amount necessary to repay the loan. Then it will repay the
cost of the loan, and the rest of the collateral will be returned to the borrower.

Card



Each registered user is provided with a unique payment card. It provides a unique
opportunity to withdraw cash at any of the world's ATMs, make instant on-line and off-line
payments, at any outlets. (Where non-cash payment is available). The card has a unique
design and technology PayPass for convenience of contactless payment. Instant SMS
notification of the expense transactions on it, as well as the possibility of obtaining a cache
of beaks in platform tokens, as a reward for using the card.
To date, payment cards will work in the MasterCard payment system. The issuer of the cards
will be banks, with whom agreements on intentions of cooperation have been previously
concluded. The names of banks for commercial purposes were not disclosed.
In the future, after developing the necessary software, a payment gateway and obtaining a
PCI DSS certification, the issuer of payment cards will be our platform. The cards will work
in VISA and MasterCard payment systems, as well as JCB for the Asian market.

A card account can be in one of the following currencies
• USD
• EUR
• GBP
• CNY
• RUB

Cash-back
The size of Cash-back is 1%, for purchases made in:
• Stores of digital technology
• Online stores
• Cafes and Restaurants
• Partner stores, the list of which will increase as the platform develops.

In addition, when shopping in partner stores, cardholders receive discounts of up to 10%.
The received Cash-back is returned to the card in the form of platform tokens. You can use the
accumulated tokens at your discretion.

The exchanger






Integrated into the platform, the cryptocurrency exchange system will allow users to instantly exchange Bitcoin,
Ethereum, corrugation, Litecoin, BitcoinCash, NEFCoin, USDT, USD, EUR, GBP, RUB.

Trading platform



We follow the trends and classical methods of multiplying your funds. That is why, especially
for participants who prefer to multiply their assets, we develop and integrate a platform for
trading on the main capitalized exchanges through the API.
The basis for the mechanical construction of the platform is the DASH algorithm for the Build
template. The user can use the frozen lien as a trade balance. The withdrawal of profits from trade
will be possible after repayment of the loan amount. Thus, the user not only retains profit from the
potential growth of his asset, but also can multiply it. The rules for calculating the break-even ratio of
the collateral are not changed. When the loan is repaid, the platform will automatically withhold a
commission of 10% of the profits traded.
We envisaged risks and took into account the algorithm for building a neural network with the subsequent
integration of artificial intelligence. We have at our disposal a staff of BigData developers with a global
experience of the AI market formation participation.

Token



NEFCoin (NEF) is a token created on the basis of the ETH standard ERC-20.
The NEF token will be used in the system:
• As a currency for the issuance of loan funds
• Commission Fees
• Receiving cash-back
• Implementing transactions within the platform

NEFCoin (NEF) is required throughout the project to support ongoing development and operational
requirements. All employees are rewarded in NEF tokens.
The initial volume of tokens will be 1,000,000,000 NEF. As the platform develops, if necessary, an
additional issue of tokens is possible.

Token distribution and financial model




11.1 Distribution of tokens
• 20% - Pre-Sale
• 41% -Token-Sale
• 15% - Reserve Fund
• 12% - The team
• 5.5% - Bonuses
• 3.5% - Bounty
• 3% - Advisers

11.2 Financial Model
The cost of the token is 1 NEF = 0.1 $
The volume of the minimum purchase is 1 000 NEF = 100 $
Unsold NEF will be frozen by the system. The withdrawal of the
reserve will occur as the need for additional tokens appears as the
platform develops and the money turnover increases.

Model of distribution of finance:
• 35% - Development and maintenance of the platform
• 27% - Marketing
• 15% - Platform reserve
• 10% - Development of strategic partnerships
• 5% - Obtaining legal status and licenses

To implement the project it is necessary to achieve the following indicators:
• Soft cap 23 000 000
• Hard cap 61 000 000

Holding an ICO
The ICO period will be carried out in two stages:
• Pre-Sale from August 22, 2018 to September 5, 2018 for this period will be realized 200 million NEF
• Token-Sale from September 6, 2018 to September 30, 2018 for this period will be sold 410 million NEF

The minimum amount of attraction is 23 000 000 USD, upon the achievement of 61 000 000 USD the sale of
tokens will be completed.
Important! In the case of not reaching the Soft cap before the end of the ICO, all the funds raised will be
returned to users in the previously acquired volume.

Roadmap



Team