Lendingblock - Review ICO
Website: https://lendingblock.com
Telegram: t.me/lendingblock
Bitcointalk: https://bitcointalk.org/index.php?topic=2765413.msg28393352#msg28393352
Twitter: https://twitter.com/lendingblock
Facebook: https://www.facebook.com/lendingblock/
Reddit: https://www.reddit.com/r/Lendingblock/
Crypto currency name: LND
The exchange ratio under the ICO: 1 LND = 0.01666667 USD
Dates:
pre-ICO: 7/04/2018 - 14/04/2018
ICO: 15/04/2018 - 22/04/2018
Bonuses of pre-ICO: 20%
Blocking: Ethereum
Hard cap: 10 million $ USA
Brief description of the project:
Lendingblock is a new protocol and platform for crypto-economics, one of the most urgent tasks of which is the organization of lending and working with digital assets. The platform will provide any digital assets available to creditors (individuals or organizations) for borrowers (including funds, investors, market makers and traders) to support trade, increase working capital and meet other financing and investment needs. At the same time, borrowers and creditors will be able to make choices on the basis of open data, which will allow them to conclude transactions at the best rate in a given period, and protection of both sides of the transaction provides collateral security control and enhanced cryptographic protection.
Pros:
There is an infrastructure for lending both technical and financial. Lendingblock allows cross-chain compatibility. The pledge is stored in a secure deposit, managed by intellectual contracts, in which all the terms of the loan are encoded. Ensures the reliability of input data and coordinates transactions between different chains using smart contracts. Lendingblock creates specialized web and mobile tools designed for traders, as well as through the API. At the same time, the platform will provide customers with all the necessary financial data for analysis - the yield curve, transaction statistics, current applications for loans and borrowing, etc. Lendingblock can be integrated into the partners' wallets and can track the status of the investment portfolio in real time. And registered customers will be able to provide loans directly, directly from their mobile or web application. A strong team with extensive experience in the financial sector and in the detachment. The developed documentation.
Cons:
Short-term project, the implementation is scheduled for August 2018, MVP is still in development. The demand for the platform is still in doubt. But the idea is interesting and in demand in the future.
Short-term growth potential: low
Long-term growth potential: medium
Investment risk: high
Besides direct investment by means of buying crypto with fiat money, there are hundreds of other ways to get coins. Bounty campaigns is one of them. Every project that is launching an ICO is having its Bounty campaign. Basically, it is remuneration for participants for promoting the project. Participants do all sorts of things — advertising, social media marketing, generating content, translating, etc. ICO projects would normally pay in their tokens that a participant can either sell at the exchange or keep on their wallets waiting for project development and token price increase. An important thing here is that the majority of bounties won’t require significant effort on your part, and in fact are pretty reasonable option to get to know the crypto-market and get your first token.
The presence of Bounty program: yes, https://bitcointalk.org/index.php?topic=3025177.0
Rating: 18/25
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=223497