ACUDEEN

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Ico logo acudeen.jpg Decentralized Ecosystem For Movable Assets
Rating 3
Team Vision Product
0 0 0


Summary[edit]

AssetChain is Acudeen's decentralized ecosystem for movable assets.

Token ACU
Price 1 ACU = 0.01 USD
Bonus Available
Platform Stellar
Type Stellar
Accepting USD, ETH, XLM
Distributed in ICO 55%
Soft cap 10,000,000 USD
Hard cap 35,000,000 USD
Tokens for sale 5500000000
Country Singapore
preICO start preICO end ICO start ICO end
n/a n/a 2018-05-27 00:00:00 2018-06-10 00:00:00


About[edit]

For small and medium sized entities (SMEs), there is nothing as difficult and nerve-racking  as waiting for clients to pay their invoices. While businesses in mature markets have  access to various financing options, such as bank credit lines or invoice factoring, businesses in emerging markets only have few alternatives to bridging short-term credit  gaps: defer payments to employees or taking out loans at excessive rates. In Southeast  Asia alone, there are over 70,000,000 SMEs and yet most banks offer financing services exclusively to their largest corporate clients. Acudeen picks up what these banks left  behind by offering a decentralized marketplace for SMEs to liquidate movable assets,  such as invoices and short-term cashflow needs, without putting their entire business on  the line.

Acudeen started off in 2016 and has since then helped micro, small and medium-sized  entities (MSMEs) to finance their 30-120 day receivables ahead of time. In less than two  years, invoices totaling over US $2.4m has changed ownership and provided liquidity to  over 400 MSMEs. Individuals and corporates purchasing those invoices benefited from  attractive returns for short-term cash. The early success and its economic impact in  emerging markets has been recognized with numerous rewards, incl. being named Winner  of the Global Seedstars Summit 2017. With recent market entry into Myanmar, Acudeen
embarked on an ambitious expansion plan and will operate in four markets before the end  of the year.

Acudeen was inspired by its founder’s personal experience running a medium-sized  business and the frustrating process to survive as an entrepreneur due to the poor payment  behavior of its clients. This translated into the vision of building a leading marketplace for  SMEs to turn movable assets into cash in a matter of 3-5 days when needed. Leveraging  blockchain technology, the existing platform, which focuses on invoices, will be expanded  to other movable assets, such as cars, warehouse receipts, etc.

As distributed technologies and sharing economies collide, we see a revolutionary  opportunity to redefine movable assets by reducing their ‘time-to-cash’ to seconds,  eventually making it as liquid as cash itself. In order to expand this ecosystem of trusted  parties and standardize the units to pay for various services, Acudeen introduces the ACU  token. The token will be the only means to pay for services received on Acudeen’s movable  asset marketplace.


Team[edit]

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Jesus Januario
Chairman
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Mario Jordan
CEO
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Mario Salazar
CTO


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Yacine Derradji
CDO
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Malaya Laraya
CRO
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Jethro De Guzman
Blockchain System Engineer


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Manuelito Benedicto Benitez
Financial Controller
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Manuelito Benedicto Benitez
Financial Controller
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Dan Kalinga
Token Sale Marketing Team Lead


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Russ Malangen
Token Sale Content and Technology Strategist
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Gregor Arn
Fintech Partner and Project Manager
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Simon Cocking
International Blockchain Community Advisor


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Butch Raquel
Communication and Media Advisor
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Atty. Anthony Abad
Legal Advisor
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Tridbodi Arunanondchai
Thai Market and Blockchain Advisor


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Nizam Ismail
Singapore Legal Advisor
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Sally Eaves
Blockchain Technology Advisor
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Martin Edwards
Credit Risk Advisor


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Adeo Ressi
Community Advisor
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Mike Suprovici
Community Advisor
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Sandeep Chandiramani
Selected Investor


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Atty. Rafael Padilla
Legal Advisor
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Genevieve Heng
Myanmar Market Advisor
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Josephine Price
Myanmar Market Advisor



Milestones[edit]

  1. 2016
    Market testing. Product development.
  1. 2017
    Winner 2017 Seedstars Global.
    Named Top 10 Fastest.
    Growing Fintechs in the Philippines by IDC.
  1. 2017
    Market Validaton.
    Tracton:
    400+ MSMEs
    500+ Funders
    1700+ Transactons
    2.4M USD Volume.
    Blockchain POC
    completed.
  1. 2018
    Adaptaton of Blockchain.
    Market Leadership in the Philippines.
    Geographic Expansion:
    Myanmar.
  1. 2019
    Geographic Expansion:
    Malaysia,
    Indonesia,
    Vietnam,
    Thailand.
  1. 2020
    Product Expansion:
    Additon of new
    movable asset types,
    supply-chain
    integratons.

Ratings[edit]

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-10-19

Rating
Team Vision Product
0 0 0