SOFIN ICO – International P2P Blockchain Based Fiat Lending Platform


The aim of the SOFIN project is to establish a P2P lending marketplace using blockchain technology. What this entails is the ability for individuals, organizations or banks to issue loans through the SOFIN platform. Individuals and organizations can then on the other side borrow money through the platform with a variety of benefits compared to traditional loans. The vision of this platform is to bring a truly open marketplace for lending & borrowing money to everyone in the world. Over 2 billion people in the world currently don’t have access to banks and are therefore unable to acquire a needed loan, a problem SOFIN aims to fix by taking a decentralized approach to the way individuals take loans. By having a peer-to-peer system, it’s up to the individual investing his money in the form of lending money to find people he wants to do business with. This gives everyone a chance to acquire a loan if needed, as a centralized unit like a bank, doesn’t control who is qualified enough. To further built trust and transparency between both lender and borrower, but also platform and users, SOFIN transactions are verifiable by anyone, because of the blockchain utilization.

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SOFIN not only wants to make loans accessible to everyone but also wants to create a secure environment for potential lenders by minimizing the risk a lending brings. To do this, SOFIN verifies the legitimacy and risk profile of every borrower through an already established and proven procedure created by the SOFIN team. The results and data of this process will then be sent to the lender, who then can decide whether or not he/she wants to issue a loan to the lender based on the credit score provided by the SOFIN procedure. Nobody can obviously predict anything with exact certainty, but this feature gives lenders a greater insight of the people they potentially are going to entrust their money with. To enable international usage, loans are issued in the currency of the borrowers country of residence. Another feature of the SOFIN platform is the Guarantee Fund, a system in place to encourage the use of the SOFIN service. This fund will act as a security for both lenders and borrowers with different levels of guarantees. Read about these levels and other details of the Guarantee Fund in their whitepaper here.

SOFIN has already made a demo version of their platform to show the community what they can expect in terms of usability and UI. Try it out here:

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Loans have been a huge part of the financial world ever since it was invented. Almost everyone in countries with developed financial systems takes at least one loan in their life.  Therefore the market for loans is already very well-established throughout the world, but also the market for peer-to-peer lending, in particular, has been growing a lot throughout the recent years. In 2015 this market amounted to around 50 billion dollars, an amount which is expected to grow to 300 billion dollars by 2020. This market is gaining popularity because of its benefits such as lower lending rates, faster credit approvals and easier and more transparent negotiations.



Token sale

To fund their project, SOFIN is raising funds through an initial coin offering (ICO), selling their ERC20 token SOFIN. This token will be used on the platform for various mechanics such as fee payment, fiat currency swapping & loan payout currency. Features are set in place to potentially increase the value of the SOFIN token, one of these is burning a percentage of fees, which is paid in SOFIN tokens. Read more about this in the whitepaper here:


Sale started the 15th of January

Sale ends the 15th of March


1 SOFIN = $0.2 (Pre)

1 SOFIN = $0.4 (Main)


  • Total supply is 450.000.000 SOFIN tokens
  • A maximum 400.000.000 SOFIN will be available for purchase during the token sale
  • Hard cap is 8.000 ETH
  • Soft cap is 1.000 ETH


The company behind the SOFIN project has been operating in the financial sector since 2010 when they built the Rostov Region Guarantee Fund. Later on, they even established a peer-to-peer lending program for entrepreneurs. Now they are bringing it to the blockchain. They have an extensive roadmap with an expectancy of Russia-release in Q1-Q2 of 2018.




Sofin has a team of considerable size and lots of experience in finance, software development, cryptocurrencies, legal practices and peer-to-peer lending platforms.



If you wish to learn more about the team and their advisors, you can check them out on their website: or in their whitepaper:


SOFIN is holding a bounty program in which participants can earn their tokens as a reward for completing various tasks, learn more here

Learn more

If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below, and keep yourself updated on the project by following their social media accounts.



ICO Thread Bitcointalk:

ANN/Bounty Thread:

Telegram: (EN) (RU)




My bitcointalk:;u=1855321;sa=summary is not a financial advisor and does not provide legal or financial advice. Always do your own research and invest responsibly. 

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