A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $40M eventually.
HOW IT STARTED:
WHERE WE ARE: So we solved the problem and cured the credit scoring ailment by:
Up until now, Plensy™ has been fully funded by the founding team and is ready to go-to-market with your pledge!
By pledging to our campaign, you will be assisting us to fund working capital for "The Peoples Credit & Lending" model we have built over the past several years.
As well as, help us get families into reliable and affordable vehicles with fair interest rates and loan terms, and provide quicker car buying experiences.
Roughly $1.4 trillion dollars in Auto Loans are given each year.
We have set a highly conservative goal of 0.1% of this market which would be in the $1 billion range.
OUR INVESTMENT UPSIDE: We invented a modern model of securitizing loans by building a proprietary token that will be sold on open blockchain exchanges around the world.
PLENSY™ NFT Security Token is Designed for Upside Appreciation + Downside Protection: The current banking industry-standard reserve is 5%. We are setting aside a 20% reserve.
TRACTION TO DATE:
With the money raised from this campaign, Plensy™ will use the investment to beta-test 5 dealerships and provide a proof-of-work loan book, expand to more states by obtaining the licensing needed to lend, hire more staff, and market to those who want to create a more plentiful life. All of this will escalate our profitability and your investment, and make it easier for us to expand to the entire United States.