Bitcoin Forum

Bidding for loan
Re-inventing p2p lending with blockchain technology. BidLend.io wants to create a P2P lending platform that is trustworthy, transparent, and most importantly, fair to both borrowers and lenders.

Our Solution
Loan on BidLend will be securitized and partitioned for lender to bid, in order to maximize the benefit to both lenders and borrowers.

Imagine when Peter wants to borrow 1000USD for 3 months to pay the tuition fee. He will submit a loan request to BidLend.

BidLend will then evaluate the risk level based on Peter's financial situation and credit history, then a Maximum Interest Rate(MIR) will be generated for Peter. This time, the MIR of Peter is 8% which is slightly lower than the rate he can get from the bank. After Peter's confirmation on his MIR. BidLend will breakdown the loan request into ten 100USD Auctionable Small Contract for lenders to bid on.

Lenders on BidLend can offer their desire interest rate on certain loans as long as it is not higher than MIR. Every time when there is a contract, the offer with the lowest interest rate will get the loan.

Say, Peter received 7 offers with 6% interest rate and 3 offers with 7%. At the end, he received a 1000USD loan with (6%*7+7%*3)/10 = 6.3% of interest rate.

for the clearer explanation, please see our video (https://www.youtube.com/watch?v=P0ZzFaKrEOs)

One Belt One Road (OBOR)
We believe the OBOR framework, that encompassing around 60 countries, including 4.4 billion people with USD$ 21 Trillion of an aggregate in economics, will create a huge demand for consumer lending in those area, especially in the developing countries. And the prematurity of financial institutions in those area will create a great investment opportunity.

To overcome the insufficient financial support, Chinese government initiated the Silk Road Fund and Asian Infrastructure Investment Bank (AIIB) to facilitate the business financing. And BidLend aim to facilitate the personal financing in those area and offer an investment opportunity to the investors all over the world.

BidLend is the AIIB for everyone!

Why BidLend?

• Flexible Loan

Borrower can specify the payment terms for their loans. Lender can also choose their desire risk level and terms.

• Diversified Risk

With the same amount of money, lenders can lend their money to a lot more people than the traditional way.

• Invest Globally

Enable loans to happen from anywhere to anywhere. Without affecting by exchange rate and interest rate.

• Trust Worthly

Credit record of each borrower will be immutable. And loans are all transparent and they are available to the public.


Selected By Appworks
Based in Taipei, AppWorks is the largest startup accelerator in Asia.
Listed on Token Investor
Token Investor (https://tokeninvestor.com/listing/bidlend)


Bounty Program

All Bounty Programs will be ended on JUNE 19TH, 2017, when the ICO is ended.

1. Blog Article Bounty:
Write an article, review or blog post about BidLend and earn 1000 BidLend Tokens. The only requirements are that the article must be written in your own words and contain at least 500 words.

Total Bounty for this program is 10K BidLend Tokens.

Join our Slack to check the status, the update of this bounty will be announced in #media channel, the token will be sent to your wallet directly after the ICO after verification.

Join Bounty: Register Now (https://bidlend.typeform.com/to/MqnKL4)

availability: 0/10




2. 8btc and Chainb Campaign Bounty:
Write an Chinese article about BidLend and post on 8btc.com or ChainB, and earn 1000 BidLend Tokens. The only requirements are that the article must be written in your own words and contain at least 300 words.

Total Bounty for this program is 20K BidLend Tokens.

Join our Slack to check the status, the update of this bounty will be announced in #chinese_media channel, the token will be sent to your wallet directly after the ICO after verification.

Join Bounty: Register Now (https://bidlend.typeform.com/to/G4EQXu)

availability: 0/20


3. Weibo Campaign Bounty (Weibo (http://www.weibo.com/bidlend)):
Forward our ICO post on Weibo, the first 500 forwarders will receive 20 BidLend Tokens.

eligibility:
You must follow our Weibo first
Weibo must have more than 100 followers
The post must get at least 1 re-forward

Total Bounty for this program is 10K BidLend Tokens.

Join Bounty: Register Now (https://bidlend.typeform.com/to/f47UIH)

availability: 0/500


4. Facebook Campaign Bounty (Facebook (https://www.facebook.com/BidLend-414320978944996/)):
Share our ICO post on your Facebook wall, the first 500 Sharers will receive 20 BidLend Tokens.

eligibility:
You must like our FB page first
Facebook must have more than 100 friends
The post must get at least 1 share
Your post must be set to public

Total Bounty for this program is 10K BidLend Tokens.
availability: 0/500
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Join Bounty: Register Now (https://bidlend.typeform.com/to/Vut8Xn)


5. Twitter Campaign Bounty (Twitter (http://twitter.com/BidLend_io)):
Retweet our ICO tweet, the first 500 people who retweet will receive 20 BidLend Tokens.

eligibility:
You must follow our Twitter first
Facebook must have more than 100 followers
The post must get at least 1 retweet

Total Bounty for this program is 10K BidLend Tokens.
availability: 0/500

Join Bounty: Register Now (https://bidlend.typeform.com/to/bgOdP2)


6. Translation Bounty:
Help Translating this thread

eligibility:
You must be the native speaker of that particular language
The translation must be Original
To Join this Bounty, please reply to this post. The eligibility is on a first-come, first-served basis

Total Bounty for this program is 50K BidLend Tokens.


Reserved Translations:
INDONESIAN (erikalui)
RUSSIAN (GolumDeMort, xland86) We made a mistake here and the dispute is resolved
GREEK (killerjoegreece)
SPANISH (cointron)
DUTCH (RJX)
GERMAN (RAGEmond)
JANPANESE (kawasaki5050)

 First ICO project :)

reserved for indonesian translation :)

Reserved

website domain name is bitledn.io  :D :D :D :D :D

reserved

not explain detail spefication coin dev
how much bidlenc coin total suply, tipe coin pow/pos, how much premine
whan open ico selling and open bounty too

Dear all, Bidlend bounty program is launched. We believe in fairness and transparency in all kinds of institutions. And Bidlend is going to make this happen in the financial industry.

If you want to support us, please join our bounty program and get the reward or you may also support our ICO.

WeTrust clone?

threshold? 15 million USD? no way

BidLend (http://bidlend.io) is definitely not a WeTrust clone. WeTrust is a Lending Circles powered by Blockchain, every user must be both borrowers and lenders. Lending Circle is a very well known financing pattern in Asia and we are amazed by how WeTrust rejuvenated it.

BidLend (http://bidlend.io) is a direct P2P platform powered by Blockchain, and we diversified the risks by securitizing and partitioning the loans. And achieve the fair interest rate by letting lenders bid on loans.

As for the threshold, our threshold is 15million USD. If the threshold is not reached, we will refund to all our investor.

Thanks for your comment, we welcome any good or bad comment and we will try our best to answer all your questions.

german translation reserved

I can do a Dutch translation if need be.

the treshold is $15 million but not set minimum target to keep launch?

I have reserved Hindi translation for the Indian local thread. Please update the same :)

Social media campaigns are all full? LOL, obvious fake accounts or self-shilling accounts for your project? Chinese projects mostly are junks.

You didn't pay attention to available spots mate ! They are limited but just few spots are filled from maximum number. You still have time to participate as of now there are plenty of empty spots. Hope this would help you to understand.

No one to chat over slack? I joined the slack and find no one is there? can anyone tell me what is going on?

Reserve filipino translation.

looks like it wasn't full yet, check their twitter account and there's only 1 tweet from bitlend and 3 retweets, so doesn't make sense if the twitter bounty already full because the retweet only have 3 retweets.

so this is a Chinese project, isn't it?

dude ..

Total Bounty for this program is 10K BidLend Tokens.
availability: 499/500

Means still 499 places free ..

it's not that hard

it is not full, instead we were saying that only one participant is registered
availability: 499/500 <- this means 499 are still available

I think it is because the color that makes people misunderstand that, we will change it. Thanks for the comment!

reserved translation french

any spreadsheet for bounty participant?

Are you connect to bit connect on some way, you share quite similar logo!
https://bitcointalk.org/index.php?topic=1681719.0

And what are the details of your token?

Hello, I have interest in the twitter campaign... What's the price expectation for a BitLend token?

how much token for 1 btc guys?

Chinese project...Funny, After read the page ,no useful information was found

join facebook and twitter bounty..hope this project success

Where is the link to spreadsheet to check the status of my application for bounty campaign. How many spots are left there it seems OP is not get updated regularly.

I completely translated the Russian theme.

https://bitcointalk.org/index.php?topic=1895286.0

Why is there another person in the reserve? I was the first to reserve the Russian translation and completely completed the assignment.
You set a date - 30.04. I completed the assignment on time. Date of creation - April 30, 2017, 11:47:02 PM
Please bring me back to the list. :o

Thanks, but ru translation was resreved by me and it done

reserved french translation

No. I was first on the list and completed the assignment on time!
I wrote to the developer on this issue.
Delete your topic!

I also came to see if there is anything to participate but no spreadsheet and no proper handling the thread making things more complicated. Only link is for registration but I don't know the status of my application and number of participants already registered in different campaigns. Dev please link public spreadsheet to let it be more transparent and easy to get updates.

The dispute is settled.

Spanish translation: https://bitcointalk.org/index.php?topic=1896250.new#new (https://bitcointalk.org/index.php?topic=1896250.new#new)

dog-eat-dog

How to check bounties status any link for participants who are on the list and what is limit remaining there.

Are there few people interested in this project? I'd like to check out the participants on spreadsheets

It was our fault and our team has already resolved the issue.

I also want be to know answer on this question. But I see the team not very active on this forum.

Newbie, better go back to China and do your crowd funding there... you know there are plenty cheaters there

Vietnamese translation reserved. Please accept :)

Hi sir, Im not too late to reserve Japanese translation for this thread?

I would like to join in Serbian language translation for ANN thread? Hope that I get approved :)

wow nice ico concept  :D i hope Bidlend success and always update (reply all question, info plan and interaction)
today i'm joining and support fb, twitter campaign bidlend
by the way please create spreadsheet for all bounty participant.
thank you

Our ICO is launched on
http://icoinvestment.club/projects/bidlend

Please noted that the ICO platform itself is a DAPP and it must be running on MIST or Chrome with metamask.
All bounty program is closed and thanks for all your support

We will be on road show on 26/5/2017 at Taipei NTUH International Convention Center at 3pm GMT+8. Welcome to Join US.

Good luck for this ICO although I missed to join this bounty program but would like to buy some tokens from this crowdsale. This project has some similarity with a running project but the team has good concept.

Although it is totally unexpected move to close the bounty program suddenly but on the other hands is understandable move. You care a lot of your true supporters who were interested before the launch of fundraising campaign. I will keep watching bit more but small invest will make in the project.

Thanks for your support, to be very honest, we don't have the best marketing resources at the moment. All we are focusing on is the development of our project and the Road Show on 26/5/2017. We really appreciate your support and we hope that we can bring a good return to our supporters

Is this bounty still going ? I have registered for it anyway. Hope to hear from you seen this thread look a bit dead over here.
Thank you.

This site / ICO is a complete scam. Their site is down and not even online any longer. Anything bidlend related - stay away from, its a scam.

Does this team have experience?