The Celsius Wallet will be one of the only online crypto wallets designed to allow members to use coins as collateral to get a loan in dollars, and in the future, to lend their crypto to earn interest on deposited coins (when they’re lent out).
Crypto Collateral
Members will be able to borrow USD against their crypto holdings in their wallet which will be used as collateral. Our goal is to allow anyone who’s in need of cash to easily borrow from the Celsius platform without having to sell their crypto holdings. The ability to take loans in dollars against your cryptocurrency will be available immediately after the CEL tokens are issued.
Crypto Interest
In the future, through the Celsius Network, cryptocurrencies deposited by members into their Celsius Wallet will be available on the network for immediate borrowing and shorting. Coins that are lent from member wallets will begin to accrue interest in the form of Celsius Degree Tokens (CEL), allowing members to earn up to 9% annual interest per transaction*.
Trading on exchange
| Pre-Sale | 03/01/2018 midnight - 03/15/2018 midnight |
|---|---|
| Token Sale | 03/15/2018 midnight - 03/23/2018 midnight |
| Country | United States of America |
Token exchange price
| Current price | 0.0418856333 USD (0.00001105 BTC) |
|---|---|
| Hourly change |
-0.61%
|
| Daily change |
7.94%
|
| Weekly change |
8.69%
|
Token exchange statistics
| Return on investment (ROI) |
-86.04%
|
|---|---|
| Available supply | - |
| Total supply | 700.0 million CEL |
| Market cap | - |
| Volume (24h) | 7,146.5134934 USD |
Token price history
Ronit Dvir Bacalu
CFO
Antun Debak
PRODUCT DESIGN
Token info
| Token | CEL |
|---|---|
| Platform | Ethereum |
| Token Price (in ICO) | 0.3 USD |
| Total raised | 50,000,000 USD |
| Token for sale | 325,000,000 CEL (50%) |
| Token supply | 650,000,000 CEL |
Investment info
| Soft cap | 15,000,000 USD |
|---|---|
| Hard cap | 50,000,000 USD |
| Accepting | ETH, BTC, FIAT |
| Restricted countries | No restrictions |
| Know Your Customer | Yes |
| Whitelist | Yes |
-
1
March 2017
- Concept formulated
-
2
May 2017
- Team assembled
-
3
September 2017
- V1 Whitepaper
-
4
September 2017
- Tech team hired and development begins
-
5
October 2017
- Tech paper released
-
6
October 2017
- Public announcement at BlockCon
-
7
December 2017
- Private presale begins
-
8
January 2018
- Beta released for Celsius mobile wallet and trader app
-
9
March 15, 2018
- Public crowdsale begins
-
10
Q2 2018
- Expansion of Altcoins
-
11
Q3 2018
- Borrow Coins & Sell CEL in app
-
12
Q4 2018
- Dollar borrowing for Celsius members
- 3rd Party Micro Lender Integration -
13
Q4 2019
- Public Release
Trading on exchange
| Pre-Sale | 03/01/2018 midnight - 03/15/2018 midnight |
|---|---|
| Token Sale | 03/15/2018 midnight - 03/23/2018 midnight |
| Country | United States of America |
Financial information
| Platform | Ethereum |
|---|---|
| Current price | 0.0418856333 USD |
| ROI |
-86.04%
|
| Hourly change |
-0.61%
|
| Daily change |
7.94%
|
| Weekly change |
8.69%
|
Interest
| Alexa rank | 488,752 th |
|---|---|
| Telegram participants | 11,549 |
| Twitter followers | 21,573 |
| Promotional video views | 6,971 |
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