Colendi Application – Introduction, Launch Stats and the Future

1 min read

We released our alpha app almost two weeks ago for interested users and have received great feedback.

Those initial users received links to the alpha product and are now able to create their first-ever Colendi IDs. They have witnessed their first Colendi Score calculation and were able to explore merchants who would do business with them based on their Score and ID. The users also received invites to Ethereum testnet and their Colendi Tokens and Ethereums, which they could exchange and make transactions on the testnet.

We are very pleased with how the community reacted and what it could mean going forward. We want to give access to even more people and believe that now is the perfect opportunity to further develop our product with feedback from our community.

We would like to share our usage statistics since our rollout.

First stats from alpha launch:

  • 89% of people who initially inquired about our protocol created their Colendi ID and tested our application.
  • 82% of the registered alpha users calculated their score by connecting their data sources to the application.
  • 214 Colendi Token transactions have been made on the Rinkeby testnet.




Most of our users are between 25-34 years old and the average age is approximately 31. This shows the tendency of young adults to search for alternative solutions to access credits.





People all around the world (approximately 50 countries) registered for our application. Below, you can find the top 15 countries:

This list demonstrates how diversified Colendi’s community became over the last few months. If we take a look at the first 10 countries alone, we can see representations from almost every continent. We can also see that the Turkish market (Colendi’s first country of operation) is looking forward to the mainnet launch.

These countries ignite our hope for reaching out to the global population and deliver our unique credit scoring and microcredit solution to the underserved.

Device Type & OS










User Sentiment
User sentiment has been overwhelmingly positive. We’ve received great feedback from our community on ease of use and comprehensibility of the protocol.

Some sample comments are:
“Yeah! It’s too good & I Like it very much thanks a lot you understand For able me… “
“When will the app be complete and how do I add funds to my account?”

What’s next?
We are planning on releasing our decentralized alpha product publicly next month. At the same time, we are developing a Colendi dApp that includes a microcredit protocol that will be published as both a progressive web application and for iOS/Android. You can expect to see that in the coming months. Stay tuned for our latest developments!

Still looking for your feedback!

You can request an invitation from this link.

After testing and reviewing our application, we want to hear your feedbacks and feelings.

We are hiring!
We’re always looking to add quality talent who believe in what we’re doing. If rethinking credit scoring and developing microcredit solutions for the underserved is something you’re interested in, please reach out.


We will keep on working hard for the Colendi Project and keep you updated. Keep following us!

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