NELUNS | New Generation Financial Ecosystem

About Neluns

Neluns is a new financial ecosystem which functions as an innovative technology and giving permission to operate with cryptocurrency and fiat. The motto of the company is to provide a favorable environment for the growth of cryptocurrency market.

The Neluns vision focuses on building the new all in one financial ecosystem that will have the functionality of a bank, an insurance company and currency exchange. All these modules will be seamlessly integrated and will equally support transactions with crypto or fiat money bringing users experience to the next level. Since all the three modules belong to the Neluns team it will be possible to keep the fees quite competitive as opposed to the classic set up where all entities belong to different owners generating an overhead costs for the clients.

The main objective of the Neluns Company is to aim the financial ecosystem. It aims to combine a Bank, a cryptocurrency Exchange and an Insurance Company all in a single platform. Neluns is providing an overall solution to the public for personal and corporate goals.

The function of the Neluns is carrying out payments, purchasing, selling of cryptocurrencies and fund withdrawals from any ATM. It has its own mobile application which is supported by both Android version and iOS version. Their uses will be that they can make the banking and exchanges operations very easy and can be accessed from any part of the world.

Ecosystem description

To solve current problems, limiting the possibilities of cryptocurrency market participants, limiting the use of cryptocurrencies, and as a result, impeding the development of the cryptoasset market as a whole, an innovative and comprehensive solution is necessary.

Such will be the Neluns solutions – an innovative financial ecosystem of the future.

The Neluns ecosystem includes:

• Neluns Bank : A new generation bank, presenting all key fiat banking services with cryptocurrencies.

• Neluns Exchange : An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.

• Neluns Insurance : Insurance company, allowing to protect any transactions and trades executed by ecosystem users.

The Neluns team abides by the principles of simplicity and minimal risks. We are developing the best system, taking into account the shortcomings of existing solutions and introducing new innovative ideas to modern technologies.

Neluns goal

The goal of Neluns is to create a gateway connecting the cryptocurrency market with the traditional financial market by creating an innovative financial ecosystem, and open access to cryptocurrencies for a broad range of individuals.

Mobile application for iOS and Android

Applications for iOS and Android will make it easy to transfer, exchange operations, receiving and giving out loans in fiat and cryptocurrencies (p2p-crediting) just in two clicks.

The iOS and Android applications will allow you to make all possible trade operations within the Neluns ecosystem: buy and sell cryptocurrencies on the Neluns Exchange in one click, make an interest receiving deposit in the Neluns Bank, receive a loan from the Neluns Bank, provide or receive a loan on the P2P-platform, make transactions anywhere in the world in a matter of seconds.

Deposits

Neluns bank offers its clients deposit services. Depositing funds to the escrow account will be available from any part of the world. To make it work you need to deposit the necessary amount of funds with the help of an ATM or make an appropriate transfer. Funds can be deposited in any currency. Deposit storage will be available in fiat currencies and cryptocurrencies.

Deposits will accrue interest.

Instant conversation operations from one currency into another will be available in user accounts. Clients will be able to exchange fiat for crypto, and vice versa, as well as to exchange various types of fiat currencies (for example, EUR-USD, BTC-ETH).

Loans

Private and corporate Neluns Bank users will have access to a broad spectrum of loan products. The issuance of loans will be available in any fiat currencies and cryptocurrencies. Loans will be implemented by crediting funds to a multi-currency account.

Among Neluns loan products, there will be various non-targeted and targeted loans, oriented towards different categories of clients. Cryptocurrency traders and funds will have access to special broker loans and margin trading.

Corporate clients will also have access to credit lines (renewable and nonrenewable), as well as overdraft-loans to cover cash gaps.

All loan products will be provided to customers in a short time and on favorable terms. Neluns will use its own algorithms, based on leading technologies, such as Big Data and AI to select applications and verify the trustworthiness of borrowers.

Peer-to-peer (P2P) Lending Platform

On the basis of the Neluns Bank, there will also be a platform for P2P-lending in fiat and cryptocurrencies. Authorized users will be able to receive and provide loans to other users.

The system will automatically rank requests for a P2P-loan based on its own algorithms. Fraudulent applications, which did not pass the selection system will be rejected.

The P2P lending platform will aid users in quickly depositing and withdrawing interest in a short time frame. Users will be able to insure the risk of P2P non-return loans through Neluns Insurance directly in the mobile application. Users will be able to receive a loan in cryptocurrency or fiat from Neluns Bank directly onto their bank card via the mobile application in a few minutes. A User can instantly make a deposit in any cryptocurrency through the mobile application.

Escrow-protection

Many fraudulent projects currently exist in the ICO market. In order to protect investors, Neluns Bank offers an escrow service.

Funds attracted through an ICO will be automatically transferred to an account with our bank. They will be distributed to project creators as the project moves along the roadmap. After the completion of each development stage, bank specialists will run a check to make sure that project creators are fulfilling their obligations.

In the case of a deviation from the roadmap in light of unforeseen circumstances, a solution to the problem will be searched by means of a consensus. If it is identified that funds are being misused, the remaining balance will be returned to investors. The payment volume to each investor will be determined in proportion to their contribution.