Daily FUD - Looking at Lendconnect And Their 1.5% Per Day
Lendconnect is a lending platform with huge daily interest rates. Lendconnect makes their money by trading (both human and bot trading). You loan them money to trade and they pay you back interest on that loan using their trading profits.
My own personal take is that with this kind of interest, the best thing to do is to withdraw your daily returns every day until your initial investment is covered and then start playing with their money instead of yours. I will not be investing any money myself into Lendconnect.
Key Dates: March 22nd, 2018, April 11th, 2018
Pros:
High daily interest rate (minimum of 1.5%)
Ability to combine investments to reach higher tiers (coming soon)
Low token supply
Cons:
High daily interest rate
Conflicting legal agreement
No real proof of trading or bot
Anonymous team
Lots of broken English and poor punctuation in the white paper
▶️ DTube
▶️ IPFS
BitConn.... shhh I'm not going to say it.
People have to learn Ponzis are bad.
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