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This appears to be an innovative project with high potential to be global. I am following....

Update on LEND Token Profit Share — Token Holders are Rewarded with “Burnbacks”

Last week ETHLend introduced (https://steemit.com/ethereum/@ethlend/important-announcement-on-ethlend-token-sale-and-reputation-system) system to reward token holders for participating in token sale. Profit sharing was considered as a method of reward. ETHLend has decided to improve the reward method by introducing systematic buybacks. Instead of paying ETH to token holders addresses, ETHLend will use the ETH that is accumulated from lending on ETHLend (the 5% + 1–5% of the platform fees) to buy LEND from exchanges and ‘burn’ it.

The aim is to reward token holders by limiting the total supply of LEND which will increase the value of LEND token. Each buyback and burn will increase the token holder’s percentage of the ownership (reducing supply). It is up to the token holder to decide whether the token holder wishes to sell or hold the increase of ownership to realize profits.

What this means?

Percentage of token holder’s ownership grows each time ETHLend buys LEND and burns it.

The token holder can sell accrued percentage to realize profits.

The same model (5% + 1–5%) is used to calculate the amount of LEND that ETHLend will buy from the open market and burn.

Buyback and burn will occur every quarter of the year.

EHTLend will issue a quarterly report to advise on the buyback and burn statistics.

Why?

Avoid paying profits to exchanges. When token holder wishes to trade tokens, tokens are sent to the exchange and the ownership of the token is changed to the exchange’s custodian address. This means that the exchange receives the profit. Since there is no profit sharing structure currently adopted by the exchanges, this would create a risk. Moreover, holding assets at centralized exchange is subject to higher risks (e.g. Mt. Gox). Buybacks and burning ensures that the ‘real owners’ of the token is the will benefit from the reward.


Transaction costs are avoided. When profit share will be distributed in dividend-like manner, there would be thousands of transactions monthly or quarterly. Each transaction would exhaust a small amount of gas. With buyback there are only few transactions, which means that the saved gas will be utilized to buy and burn more LEND.
Regulatory uncertainty. If assets are associated with dividend-like profit sharing, LEND could be seen as a security by regulators. Buybacks ensures that more jurisdictions will allow usage of LEND resulting in larger demand and use for LEND.

Profit sent to LEND addresses that are dead. There are situations where Ethereum addresses are lost. In these circumstances tokens might be lost as well. This would mean that profit would be distributed to addresses that are dead. Sending ETH to addresses that nobody uses does not provide any value to anyone. On the other hand, if this value is used to reduce the supply of LEND, the value is distributed amongst all token holders.

Uncertainty on taxation. Dividend-like profit share might be seen in the near future as taxable income for token holders since the profit accumulates for holding an asset. On the other hand, buyback increases the value of LEND but might not trigger taxes on income. Of course, this does not avoid the fact that any value increase is taxed once sold, just as any other cryptocurrency.

Impossible to collaborate 100% with exchanges. It is understandable that most token holders will keep LEND tokens on exchanges for trading. It will be impossible to achieve 100% collaboration with exchanges to distribute ETH accumulated from lending on ETHLend.

Buyback solves all these issues and supports the aim to deliver strong token on the market.

The mechanics of the buyback will be advised after the ICO with community inputs.

Great premise. I love

A few questions:

1. How do lenders earn money? Do they only earn money when the value of your coin goes up? And what happens if/when it goes down?

2. How do you determine the starting price for each loan? Just based on the "Current" value of your coin?

3. Depending on the level of KYC, how do we know where the loan is being made, and if we're violating any lending laws?

Hi BenR, quite good questions.

1. The earning is quite simple. The when the borrower places a New Loan Request, the borrower inserts the amount of premium (interest) that the borrower will pay for the loan. Loans and premiums are in ETH. When placing the loan request it is up to the borrower to place such a premium that is attractive (and for sufficient ERC-20 token or ENS domain as a collateral). And it is up to the lender to fund loans that are attractive to fund.

Since the profit is the ETH that the lender receives from lending ETH, the earning is not subject to price movements of ETH (of course compared to collateral yes).

2. When the borrower places a loan request, sufficient collateral must be used. Otherwise the loan will not get funded at the market since it is not attractive for the lenders. Since the ETHLend is 100% decentralized, the borrower must use external data to assess the value (I use http://coinmarketcap.com or https://etherscan.io/tokens for popular tokens and for ENS domains I of course use the amount that is locked in). So what the borrower needs to do is asses the value of the tokens or ens domain that he is about to pledge as a collateral, and decide how much the borrower will ask. For example, if I would have 10 ETH worth of ICONOMI tokens, I would not probably ask the full 10 ETH (even though will be highly likely that it would get funded). Instead I would ask for 8 ETH, giving 2 ETH flexibility for the token price movements (volatility, btw we wrote a steemit post on how to take the token volatility into consideration when lending: https://steemit.com/ethereum/@ethlend/lending-ether-interest-free-on-ethlend-and-how-to-choose-the-right-amount-of-ecr20-token-collaterals). This would give 120% collateral against the 8 ETH loan, which is attractive for the lenders and they might go for lower premium as well. On ENS domains i would recommend 1:1 ratio since the is no price movements on ENS domains due to the locked ether.

3. Since in most jurisdiction ETH (or Bitcoin) is not seen as money due to the fact that it is not issued by any govermend, KYC might not directly apply. However, we do believe that regulation will follow, and that is why we are implementing KYC procedure on certain threshold to give more certainty for the users. We actually found couple of decentralized ways to do it. On lending laws, source of law primarily is the freedom to contract and contractual agreement between the parties (This is the Terms and Conditions of ETHLend). However, in most jurisdictions there are laws against excessive interest rates, here as well the issue of ETH no being a currency does not settle the question. On the other hand, since the borrower is the one that deploys the loan request, this should be a large scale issue.

On the question where the loan is made, we settle the question by the choice of law clause set in the terms used in the Terms and Conditions.

At the moment you can do basic lending on ETHLend (http://ethlend.io) by pledging ERC-20 tokens or ENS domains (secured loans), we will also add this week unsecured loans by using Credit Token (CRE) that is the reputation system in ETHLend. Practically every time you borrow and repay an secured loan (token or domain), you will get 0.1 CRE on each 1 ETH you pay back. 0.1 CRE can be used to borrow equal amount of unsecured loans (up to 0.1 ETH with 0.1 CRE balance). If the borrower does not repay the loan, the all CRE is burned, therefore reputation lost. Therefore, the unsecured lending on ETHLend is about building reputation through secured loans first. Once the borrower has enough reputation, the borrower does need to resort to lending with collateral (of course collateral will always reduce the premium as in real life).

Here are some visualisation on the logic on how decentralized lending works on ETHLend.

https://camo.githubusercontent.com/e1669f49c75027577b5a517dcb2960b569b9cd3e/687474703a2f2f61626f75742e6574686c656e642e696f2f77702d636f6e74656e742f75706c6f6164732f323031372f30372f4554484c656e645f57505f506167652d31342e706e67

Below we have a loan transaction with two ending scenarios, repayment and default. In the first scenario the borrower deploys a smart contract (Loan Request) and confirms with MetaMask. Next the borrower goes to the All Loan Request Page, finds the deployed Loan Request. Places data such as loan amount, collateral token name, collateral token address, collateral token amount (how many tokens for pledge), premium (interest rate) and loan period (for how many days you want to borrow) and confirms with MetaMask.

After setting the data the borrower will go back to the loan agreement. The borrower is here instructed to send x amount of tokens to the smart contract address (0x0000...). Now the borrower goes to the wallet and sends the tokens to the smart contract. Goes back to the loan agreement and submits that the token are sent and confirms with MetaMask. Now the smart contract will perform a check whether this is true. The tokens are held as a collateral in the smart contract. Once confirmed, the loan is on "Waiting For Lender" stage.

Now the lender can fund the loan simply by having sufficient amount of Ether on MetaMask account balance and pressing "Fund This Loan", then confirming with MetaMask. The funds are sent to the smart contract, which distributes them to the borrower (all transaction are going through smart contract for security reasons). Now once the borrower wants to repay the loan on due, the borrower simply presses "Get Tokens" on the loan agreement and sends the ether + premium to the smart contract, then confirms the transaction with MetaMask. The smart contract will then sent the Ether + premium back to the lender's address and releases and sends the tokens back to the borrower.

In case the borrower has not repaid the loan on time, the lender can claim the collateral by pressing "Get Tokens" on the loan agreement and by confirming with MetaMask. The smart contract will then sent the pledged tokens to the lenders address. Moreover, the borrower's whole reputation (CRE) is burned. The lender can now go to an exchange (decentralized preferably, such as EtherDelta  ;) ) and liquidate the tokens to regain any losses.

These scenarios are all decentralized, therefore even ETHLend cannot change or intervene the loans once deployed. No account or login needed, just MetaMask to access the Ethereum network :)

Got a bit of publicity, we are blushing  :-* Thank you Coinspeaker, for mentioning us:

ETHLend, a blockchain startup that introduced decentralized lending few months ago is about to deliver lending without the need to use a collateral.

Until today, lending Ether on ETHLend required the borrower to pledge any ERC-20 compatible tokens such as DigixDAO or GOLEM token as a collateral for the loan. Alternatively, the borrower can pledge Ethereum Name Service (ENS) domains as a collateral for the loan.

Therefore, if the borrower would not pay the loan back, the collateral is transferred to the lender (who can sell the collateral on exchange or at auction). Using collaterals results that lending in decentralized crypto-world would be efficient since the collateral increases the threshold for not paying the loan back and decrease the loss of loan capital since the lender can sell the token on exchange or the domain at an auction for regaining any losses.

Unsecured lending as such is challenging in decentralized environment. This is due the fact that distributed ledgers such as Ethereum network works with pseudo-anonymous addresses. Since the transactions are irreversible, there is no assurance that an untrusted borrower will pay the loan back. This results to the point that unsecured lending would be unworkable if the untrusted borrowers would not repay loans.

ETHLend introduces reputation system for unsecured loans. ETHLend provides more trust on unsecured loans by adding a reputation system that is managed by the use of ERC-20 compatible Credit Token (CRE). On each secured (or unsecured) loan repayment the borrower is credited with Credit Token (1 ETH = mines 0.1 CRE). Therefore, Credit Token represents the borrower’s reputation, which is used to borrow without a collateral (0.1 CRE allows borrowing up to 0.1 ETH).

If the borrower does not repay a loan on any amount, whether it is secured or unsecured, the whole balance of the borrower’s CRE is burned (permanently deleted). Using a reputation system motivates the borrower to build reputation to borrow more without the use of collateral.

The decentralized application is accessed  with the use of MetaMask. ETHLend also has a sandbox version of that is running on Kovan testnet. The latter is a good place to test the functionalities of decentralized lending.

Due diligence is required. CRE increases the threshold for defaults. However, unsecured lending is not risk free. Due to the pseudo-anonymous nature of the Ethereum network, there might occur misuse on unsecured lending, just as in the centralized lending. Therefore, lenders should explore and review the borrowers’ addresses on blockexplorers before deciding to fund loan requests.

More exciting stuff coming up. ETHLend’s Founder Stani Kulechov reveals that there are interesting expansion coming up. The ETHLend team will work hard during the next few months to expand lending to Bitcoin, Altcoin and maybe few other crypto-currencies. ETHLend’s financial and legal advisors are putting much research on KYC (Know Your Customer) compliance.

ETHLend declines to accept any VC funding. Unlike other blockchain startups, ETHLend does not have any venture capital fund backing the development. ETHLend has a team consisting of 16 people that found each other from the Ethereum and [Suspicious link removed]munity. Since ETHLend is building a global lending market, the team wants to have a distance on traditional banking and institutionalized funding.

Stani believes that associating with traditional banking and fund raising might compromise the development of decentralized lending. “We do not want to be guided back to the hands of traditional banking. We truly have an opportunity now to create something unique, which will help many people in different parts of the world.” ETHLend is also preparing for an upcoming token sale (ICO) and the team has come up with an innovative way to fund the pre-ICO phase, which will be introduced within few weeks. Stani adds: “our idea might change permanently the way pre-ICOs are funded.”.

ETHLend is open for contribution at Slack. Anyone can join and assist and brainstorm with the team on the development of the global lending market. More discussion on ETHLend at BitcoinTalk or Reddit.

https://www.coinspeaker.com/2017/07/20/ethlend-reveals-unsecured-decentralized-crypto-lending/

I've read through the website and whitepaper and I'm wondering what is your funding goal and projected launch date for your project? Thanks.

Hi,

Thanks for reading our longish WP. The funding goal is 150 000 - 200 000 ETH. The dapp is already stable running on Ethereum blockchain at http://ethlend.io . The ICO is on September 25. We will have an announcement on BitcoinTalk next week.

For testing http://test.ethlend.io (Switch MetaMask to Kovan).

Hmm.. not many ICOs do have a dapp ready  ::)

DAPP Update: Unsecured Lending Based on Reputation and 5x Faster DAPP

ETHLend added new features and updates to the decentralized application.

Fixed max gas estimation issue with MetaMask

Until this point MetaMask recommended 0.6 ETH transaction cost. Now MetaMask proposes around 0.06 ETH for max tx fee (this can be adjusted). The total transaction costs for the first Loan Request (token based) we deployed after update was:

Gas limit: 4282267

Gas price: 0.000000015 Ether (15 Gwei)

Gas used by txn: 2854845

Actual Tx Cost/Fee: 0.042822675 Ether

Took about 1 min 30 seconds for confirmation, which is bearable since lending is not high frequency.

Reputation-based Lending

Besides using ERC-20 compatible tokens or ENS domains, now borrowers can use reputation to borrow. The reputation is based on previous borrowing on ETHLend. On every secured loan (or unsecured as well) that is repaid, the borrower receives Credit Token (CRE). Each 1 ETH mines 0.1 CRE. 0.1 CRE allows the borrower to borrow up to 0.1 ETH (1:1 ratio) without a collateral.

Due diligence required. Just as in real world, unsecured lending is not risk free. The lender should always review borrower’s address with blockexplorer (http://etherscan.io) and review the transaction data.

In case the borrower does not repay a secured or unsecured loan, the whole CRE balance is burned and permanently erased.

5 times Faster DAPP

We changed the algorithms of the decentralized application. Now the DAPP is 5 times faster  :o

New Colours

We changed the colours a bit (hope you like it) and use the red colour for the unsecured loan requests. Therefore, the lenders can indicate easier which are secured and not. Secured loan requests (tokens and domains) are in blue as usual.

Kovan Testnet and Old Smart Contracts

We launched a sandbox so that you can play around with ETHLend without using real Ether.

You can find it here: http://test.ethlend.io

The sandbox is on Kovan network so you would need to beg Kovan Ether from the Kovan Gitter:

https://gitte[Suspicious link removed]/kovan-testnet/faucet

Just ask for Keth and post your MetaMask address, remember to switch to Kovan testnet on MetaMask  ;)

For test tokens use MetaMask set to Kovan Network and go to here: https://tokenfactory.surge.sh

Loans that were deployed with previous smart contracts are here:

http://old.ethlend.io

http://oldest.ethlend.io

And of course the real thing is here: http://ethlend.io

Have Fun!  :)

Hi Guys,

We added instruction videos on using ERC-20 compatible tokens as a collateral for the loan:

Covering on:

1. How to place a loan request
2. How to fund a loan request
3. How to pay a loan back
4. How to claim tokens when the borrower has not paid the loan back

https://www.youtube.com/watch?v=Tb6fzGXADho&list=PLf4N4wF5YKdoJDIe2D_Cg4cXWa-ruMpV5

Enjoy!

Let me get this straight, though: since everything is handled by smart contract, the only collateral is other tokens. So, as opposed to a traditional loan where a defaulted loan would result in repossession of a house or business, a default would transfer only the coins that were set aside.

I"ll assume that most people who take such a loan only have a small amount of collateral in coins (since otherwise they'd just use the coins instead of borrowing against their value - and if they can't be sold easily then they're not worth it as collateral either). Technically it's not an unsecured loan, but it will be only a fraction of the loan value. In that case, the interest would usually be much higher since the lender is taking a bigger risk.

Tokens are a collateral (or ENS domains). Actually it does no differ from traditional loan, since in the traditional loan in your example, the house or a business is the token! So in traditional sense the house/business ownership transfers to the lender, who then does the repossession. So to realize the house or business (the token) the lender must sell it in order to regain any losses. This is exactly the same pattern as in decentralized lending using ERC-20 tokens.

So what you are actually usually doing in real world with secured loans (loans with collateral), you do pledge value against value. That is the logic of secured lending, otherwise it would be unsecured. With the same logic shares, art, commodities are pledged, liquid or no-liquid, even if you have the market price and would quickly realize. I think the reasons why one pledged instead of selling comes down to different answers. With property, I want to own the token, even if I dont afford to yet. With shares, I believe that the company will grow and would not like to close my position since I might not get the shares back or back for the same price.

For me, a regular Joe, I pledge my tokens because I need more liquidity to participate in different ICOs. I get a decent salary, and I pay the loan amount back before it defaults. This way I can have more liquidity when needed (this was my personal reason why I wanted to use ERC-20 tokens for collateral). Also what I do quite frequently is that when I see the ETH price going down, I pledge my token portfolio to get a decent amount of ETH when it is down, and once I have my payday, I pay the loan back. For me it is just a quick way to get ETH when I need. But this is how I use my tokens and might not suitable for all. I dont sell my portfolio because my blood pressure would be too high if I would have to buy the same amount of tokens back from the market.

News on ETHLend.

ETHLend is partnering up with Jaarvis Accelerator for Hack2Solve 30 hour long FinTech hackathon this weekend. The hackathon will be held at Institute of Management Technology, Ghaziabad, India.

The topics are social banking (blockchain / AI Chat Robots / Robo Advisors), discounting and lending, InsurTech, WealthTech, KYC and privacy. ETHLend rewards the hackaton winner with 20 000 LEND tokens for the most innovative solution on these topics.

The hackathon is a good opportunity for ETHLend to receive feedback on decentralized lending and share knownledge on Smart Contracts development. We think we have lot to offer and lot to receive.

ETHLend's Local Advisor Opindeer Preet Singh is discussing on how ICOs might assist FinTech startups on their innovations. Opinder will also demonstrate the ETHLend dapp for the participants. Do join the hackathon if you are around!

More info on Hack2Solve:

http://jaarvisaccelerator.com/hack2solve/

So instead of selling your portfolio you'll pay interest - you're just betting that the interest you pay is less than the appreciation of the tokens you used for collateral.

This is an interesting project as long as it doesn't sink in endless KYC/AML useless mandatory (enforced) rules or implementations.

In the (near) future will your smart contract and platform be able to accept/allow an ECR20 stable token (e.g. DAI¹) as base cryptocurrency for lending and interest payments instead of (or along with) ETH?

[1] AFAIK the most promising project for an upcoming ECR20 stable token is MakerDAO: https://makerdao.com

Hate the KYC/AML as well. Lets ask how Shapeshift does KYC?  ;D

Yes any ERC-20 compatible tokens, the DAI project is interesting I have eagerly waited it too :) Although I found in my research DAI a bit complex, that why we actually came with the USD-peg explained below.

We are soon adding USD-peg lending option to our roadmap. This means that the borrower would not suffer from volatility since all loans could be calculated in USD even if the transactions are in ETH. This means that our non-crypto buddies can also borrow ETH, spend it in FIAT economy and pay the loan back with FIAT earned income without suffering from volatility. For example borrower borrows 200 USD worth of ETH and returns 200 USD worth of ETH.

That might not work as good as expected, I still think a stable token would be a less risky approach.

Even USD-pegged loans using altcoins are not that stable. Altcoins can move wildly while borrower is trying to trade crypto to fiat before using the resources or before paying back the loan/interest (while trading back fiat to crypto).

UPDATE ON DAPP:

We added Gitter Chat to ETHLend DAPP.

Ask guidance, questions or just chat anything you feel like :)

Link to the dapp for testing it out: http://app.ethlend.io

Enjoy!

1. I assume if they're borrowing 200 USD they should pay back more than 200.
2. Also, for people not already in crypto-world, this would add another percentage while they change fiat currency to and from ETH.

Alternative to use USD based loans would means that when 200USD worth of ETH is borrowed, 200USD worth of ETH should be repaid.

On the second, good point but the fees are quite small.  ::)

Hi All, we are migrating from Slack to Discord (we hate Slack because it is not secure enough): https://discord.gg/nKjsStv

Join for brainstorming sessions or just to lurk  :)

1. If they're paying back only what they borrowed with no interest or feed, what's the motivation for lenders? Only the possibility that they won't get repaid and the deposit would be repossessed? then the deposit would need to be worth the total value of the loan plus more!

2. Some exchange charge their own fees plus credit card feeds, bring it up to almost 10%. That's not a small fee - and that's before they even get to the loan itself.

1. Of course they will pay interest, was referring to loan capital.

2. Those are not exchanges, those are called crooks  :D

Blockchain startup ETHLend introduces working capital finance for Initial Coin Offerings (http://www.the-blockchain.com/2017/08/02/blockchain-startup-ethlend-introduces-working-capital-finance-initial-coin-offerings/)

 ::) That idea is very interesting as a way to fund new projects replacing the ICO model now threatened by regulators from US SEC and Singapore.

It really should be worth working and developing that insight...

So where/how the interest portion calculated?

Hi guys, ETHLend Big Bounty Program is Live :)

25 Million LEND for grabs  8)

https://bitcointalk.org/index.php?topic=2078686

Now that we have borrower side loan request, the borrower proposes the interest (premium), once we have lenders side loan offers, the lender can also propose the interest rate. So in the end, the interest rate is market driven (as most of the stuff in economy should be). For example, if the interest rate (premium) is not attractive, no one will fund. Therefore the borrower should propose something attractive  :)

How is this different than a project such as https://saltlending.com/?

Interview with Stani Kulechov founder of ETHLend

https://www.investitin.com/eth-lend/

Hi ETHLend team,

If I understand correctly, to borrow ETH you need tokens. So basically to borrow money you need money, is that right?

Most loans require collateral, unless you're dealing with an unsecured loan and high interest rates.

New Loan Request on ETHLend: 2 ETH (USD 579.40) loan (Collateral: 1000 Ethereum Movie Venture token, total worth USD 749.28, Collateral ratio to loan: 129,32%). Loan period 30 days, Interest 0.02 ETH (USD 5.791)

Analysis: Collateral is sufficient, loan is secure. The interest is humble in percentage (1%, however Annualized Return (ROI) is excellent: 12.87%). Our recommendation is to fund.

Loan on Dapp (Use MetaMask Google Add-On and Switch to Ethereum mainnet):

https://app.ethlend.io/loan-request/0x53a2472363dce5867abb0cdb3a8ba677ebccadbe

Loan on the ledger (Token Transfers tab confirms that the collateral is in place and I checked that the collateral token smart contract address is correct):

https://etherscan.io/address/0x53a2472363dce5867abb0cdb3a8ba677ebccadbe

Info about the collateral:

https://emovieventure.com

Enjoy!

Sounds terrific, waiting for the official launch. Subscribed to the news letter, will be following this project closely. All the best guys!

The same thing, i will do it like you i can not wait for further news. Participation in investment is very interesting.
Besides participate to promote it through bounty program.

Guys, the first decentralized loan was funded!  :)

Details below:

https://i.redd.it/t43c91oavogz.png

Discussion on Reddit:

https://www.reddit.com/r/ETHLend/comments/6uoue8/first_decentralized_loan_funded_annualized_return/

I hope this would be much bigger and better than other services that tried this on the BTCBTCBTC platform before. Think btcjam, bitlending club etc etc.

Good projects and also great to ensure I will participate in this project. Thankyou.

Glad to hear. Our goal is to provide the global lending market when any where can place a loan request and can be funded from any part of the world.  :)

Good project
I have a question whether what we borrow is the same as what we pay?
While the market price could go down could also rise?

ETHLend will host a Bar Talk in Hong Kong on the hottest topics on blockchain and the upcoming ICO.

If you are in town, join the event: https://www.meetup.com/ETHLend/  :)

I will add FIAT pegging so that you can use for example USD as the base currency, so that you are not encountered with volatility.

Because of the collaterals you do not need a guarantee from anyone, the lender would just receive the agreed collateral as compensation in case of default. On another note, ETHLend is also working on international legal enforcement, in that case you don't even necessarily need a collateral. You have a tokenized promissory note, which is simply a universally accepted "I promise to pay you this much". In that case the local law enforcement agency is your guarantee.

UPDATE:

https://www.facebook.com/ETHLend/photos/a.1849527738700518.1073741828.1848586068794685/1896674480652510


If you are interested in brainstorming or to lurk on the process on how decentralized lending is build on Ethereum network and follow one of the most interesting blockchain projects this autumn, join our Facebook or Telegram (https://t.me/ETHLend)! We will not bite Smiley


https://join.slack.com/t/ethlend/shared_invite/MjAzMTM0MzEyNzA3LTE0OTg0MDk0NDItOGY0MTlkMTlmZA

Meet the team


https://www.youtube.com/watch?v=z2XnxTOrhKo



Start Lending @ ETHLend DAPP 
http://app.ethlend.io
To learn more about ETHLend,
join our ETHLend Slack and Telegram
For more information about ETHLend,

Telegram: https://t.me/ethlend

Reddit:

Winner of July Brainstorming Competition: • r/ETHLend

https://www.facebook.com/ETHLend/posts/1909135019406456

Guys, we made top 5 on ICOBench! share this with your friends! https://icobench.com/ico/ethlend  :)

Sounds perfect but only in the perfect world. Even here with escrows and collaterals, there is little to protect from defaulters. The hassle to get back everything falls on the lender. One more thing... what is this universally accepted IOI? Local law enforcement guarantee? Surely this is some Utopia far from realistic territory!

Do you think Saltlending as a competitor for you? If not where else you guys are different?

I agree that defaulters are hassle but that is life  :) Lender takes the opportunity to make profit and this is the another side of the coin. Usually default rate correlates interest rates. However, smart contract do make collateral handling quite easy when using ERC-20 compatible tokens. If the borrower defaults, the lender claim the tokens and sells --> regains losses.

We do get asked this question time to time. However, I do not see Salt as a competition per se since they operate in a different concept. We are focused on p2p crypto lending, whereas Salt helps you to unlock FIAT and we focus on unlocking Crypto from ERC-20 token collaterals.

Yup understood after reading Wp. Thank you

Hi All,

Kind reminder, we are migrating to Telegram (from Slack and Discord) for security reasons --> Join from here: https://t.me/ETHLend

Project sounds interesting but I'd like to have some more info before to invest. Please, explain me like if I was a child
1) how the one who lends is guarantee if the debtor refuse to pay.
2) Is the debtor providing guarantees?
3) If you deposit an amount equal to the loan, why ask for the loan?

I'd like to better understand cause I'm really interested.
Thanks

Yes, there is always a big problem with lending. What to do if the debtor cannot or don't want to pay. Is there any system of guarantees ?

Hi All, New Loan Request in ETHLend: New Decentralized Loan Request on ETHLend - Profit 15% for 14 days (Annualized ROI: 3723%) - 100 ICONOMI as collateral (Value: 0.541 ETH) https://www.reddit.com/r/ETHLend/comments/7032qv/new_decentralized_loan_request_on_ethlend_profit/

Status.im interviewed ETHLend: https://blog.status.im/ethereum-dapp-creators-issue-16-ethlend-60a415e8d5d5   :)

Hi, 1. The lending is collateral based, where the borrower places a ERC-20 digital tokens or ENS domains as a collateral. If the borrower does not repay, the lender can claim the collateral (tokens or ENS domain) and realize the collateral to regain any losses. 2. Yes, ERC-20 tokens or ENS domains. 3. In case, you have a portfolio of tokens but do not want to sell for a reason (do not want to close the position, the token is scarce or the token represents your family business shares and you would not want to sell them).

Good questions  :)

ONE WEEK TO PRE-SALE

For security reason use our Telegram channel for communication, do not trust the Slackbot.

Telegram: https://t.me/ETHLend

Pre-Sale is getting closer. Below details of the pre-sale. Separate instructions for participation shall be distributed during the ongoing week. Follow our Telegram and mailing list for updates: https://about.ethlend.io/token-sale/

ETHLend pre-sale ICO details:

Starting: 25.09.2017 at 12.00 AM GMT Ending: 25.10.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 2 000 ETH

TOKEN FOR SALE: 60 000 000 LEND (6% of total sold tokens) LEND TOKEN PRICE: 30 000 LEND = 1 ETH (price includes 20% bonus tokens for all pre-sale participants)

Pre-sold tokens are deducted from the 1 000 000 000 LEND sold on official token sale.

Official ETHLend token sale ICO details:

Starting: 25.11.2017 AT 12.00 AM GMT Ending: 9.12.2017 AT 23.59 AM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by pre-sold tokens)

LEND TOKEN PRICE: First 200 000 000 LEND: 27 500 LEND = 1 ETH (price includes 10% bonus tokens)

Next 100 000 000 LEND: 26 250 LEND = 1 ETH (price includes 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

How LEND is used in ETHLend?

On Entry to ETHLend

Discount: LEND enables 25% discount the deployment fees for a loan request and for funding a loan request on decentralized lending application.

On Use of ETHLend

Airdrops and Rewards: ETHLend uses flat 20% of the collected platform fees (upon loan request and funding a loan) to purchase back LEND from the market. This purchased LEND shall be distributed to the active lenders and borrowers (monthly or quarterly) based on activity. The airdropped LEND cannot be transferred, and the airdropped LEND is used either by the borrower as an additional collateral (when defaulted, the LEND is transferred to the lender) or by the lender for paying fees or featured listings. The airdropped LEND will reduce lenders’ risk in case of default and reduces the amount of collateral the borrower needs to set. The aim is to accelerate user adoption and strengthen the product by lowering the threshold of collateral and risk of funding. The airdropped LEND must be used within 24 months or it will be redistributed to other active users.

The aim is to deliver strong token to the market and reward the token sale participants for early adoption. More info on the upcoming token sale: https://about.ethlend.io/token-sale/

TOKEN SALE PAGE AND INSTRUCTIONS

LEND token sale page is live at: https://lend.ethlend.io

Caution: Verify that the address in your address bar is the same as above.

TOKEN SALE ADDRESS

On the token sale page you will see the address as:

0x-------------------------------------------ab03

REMEMBER THE LAST 4 DIGITS FOR SECURITY REASONS. THESE 4 DIGITS WILL NOT CHANGE.

DO NOT SEND ETHER TO AN ADDRESS THAT DOES NOT HAVE THE SAME 4 LAST DIGITS.

The full address of the token sale shall be disclosed on 24 September 2017.

Once the full address is revealed, verify it from 2-3 different sources (lend.ethlend.io, Telegram, Twitter, Facebook, Discord).

Do not send Ether before 25 September 2017 at 12 AM GMT, your transacion will fail.

TOKEN SALE INSTRUCTIONS

There are instructions on how to participate on the token sale with the following languages:

English, Spanish, German, Portuguese, Korean, Chinese, Japanese, Russian, Italian, Hindi, Indonesian, Romanian

Follow these instructions carefully.

We recommend to use 300 000 as gas.

COMMMUNICATION

Use only Telegram and KakaoTalk for interation with the team.

https://t.me/ETHLend for English (Official)

During the token sale use primarily the offocial English group as a primarily channel to interact with the team.

https://t.me/ETHLend_ES for Spanish

https://t.me/ETHLend_ITA for Italian

https://t.me/ETHLend_DE for German

https://t.me/ETHLend_RU for Russian

https://open.kakao.com/o/ggmnLmz for Korean

DO NOT USE SLACK AND DO NOT TRUST THE SLACKBOT.

Mind that we do not send private messages on Slack or Telegram. Therefoore do not trust if someone one asks you to send Ether to another address than the official address with these last 4 digits "ab03".

RESTRICTIONS TO PARTICIPATE

We will not allow anyone from the U.S. to participate in our token sale. To provide the right information will be the responsibility of the contributor.

Do not send ether from exchanges (these include Coinbase, Poloniex, Kraken or any other).

Do not use JAXX.

Do not use Multi-signature wallets.

CHECKING LEND BALANCE

Once you have sent Ether to the contribution address (Full address that shall be revieled, with the last digits of "ab03"), you can check your LEND balance from the token sale page. LEND is sent to you immediately when you have sent Ether.

TRANSFERRING LEND

You cannot transfer LEND until the whole token sale period is over, latest on 9 December or when the cap is reached.

ETHLend pre-sale ICO details:

Starting:   25.09.2017 at 12.00 AM GMT
Ending:   25.10.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE:   2 000 ETH

TOKEN FOR SALE:   60 000 000 LEND (6% of total sold tokens)
LEND TOKEN PRICE:   30 000 LEND = 1 ETH
(price includes 20% bonus tokens for all pre-sale participants)

Pre-sold tokens are deducted from the 1 000 000 000 LEND sold on official token sale.

Official ETHLend token sale ICO details:

Starting:   25.11.2017 AT 12.00 AM GMT
Ending:   9.12.2017 AT 23.59 AM GMT or when the cap is reached

AMOUNT TO RAISE:   37 600 ETH

TOKEN FOR SALE:   1 000 000 000 LEND (deducted by pre-sold tokens)

LEND TOKEN PRICE:   First 200 000 000 LEND:   27 500 LEND = 1 ETH
(price includes 10% bonus tokens)

Next 100 000 000 LEND:   26 250 LEND = 1 ETH
(price includes 5% bonus tokens)

Remaining LEND:      25 000 LEND = 1 ETH

How LEND is used in ETHLend?

On Entry to ETHLend

Discount: LEND enables 25% discount the deployment fees for a loan request and for funding a loan request on decentralized lending application.

On Use of ETHLend

Airdrops and Rewards: ETHLend uses flat 20% of the collected platform fees (upon loan request and funding a loan) to purchase back LEND from the market. This purchased LEND shall be distributed to the active lenders and borrowers (monthly or quarterly) based on activity.

The aim is to deliver strong token to the market and reward the token sale participants for early adoption. More info on the upcoming token sale: https://about.ethlend.io/token-sale/

LIVE INTERVIEW IN SEOUL WITH THE FOUNDER OF ETHLEND

ETHLend Founder Stani Kulechov is speaking tomorrow for an audience above 100 Crypto enthusiasts in Seoul, Korea. The topics are Financial DApps, decentralized lending, volatility and the upcoming pre-sale. Looking forward to meet you at Gagnam! The session is recorded and shared in social media afterwards!

https://about.ethlend.io/wp-content/uploads/2017/09/Screen-Shot-2017-09-19-at-9.45.14-PM-1.png

Good work guys on the Bounty here!  :)

More news:

ETHLend was recently interviewed for a research on Understanding Initial coin offerings: technology, benefits, risks, and regulation – Stellar Development Foundation & The Luxembourg House of Financial Technology. Read the white paper here: https://www.stellar.org/blog/understanding-initial-coin-offerings/https://www.stellar.org/…/understanding-initial-coin-offer…/

Our recommendation was that indeed ICOs need regulation. However, the regulation should start with soft-regulation, which means that certain ICO issuers would agree on best practices. Blockchain startups that agree on these practices would be more attractive for the ICO participants.

Discuss the findings in our Telegram: https://t.me/ETHLend

https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/U5dt5jjhEhfy28LTwCgWHpYi8zt8cgf_1680x8400

Dapp is functional and is located here http://app.ethlend.io (Use MetaMask and switch to Mainnet) also testnet here https://kovan.ethlend.io . For testnet you need to switch to Kovan from MetaMask and have Kovan Ether (ask from: https://gitter.im/kovan-testnet/Lobby?at=590811ea12d2409935b9919d) and you can create test ERC-20 compatible tokens at: https://tokenfactory.surge.sh/#/factory

There are only 10% difference between pre-ico and ico.
I will wait to see how your project going to decide my investments. Don't want to become early birds, lol

Wrong. Is 20%

We don't like other pre "80% and 20000 ETH..", I think bad then I read this. Easy dump.

The difference is 20%! Therefore, we recommend to become an early bird :)

TOKEN SALE ADDRESS HAS BEEN ANNOUNCED

LEND token sale page is live at: https://lend.ethlend.io

Caution: Verify that the address in your address bar is the same as above.

TOKEN SALE ADDRESS

On the token sale page you will see the address as:

https://twitter.com/ethlend1/status/911922722908844032


Verify the address from 2-3 different sources (lend.ethlend.io, Telegram, Twitter, Facebook, Discord).

Do not send Ether before 25 September 2017 at 12 PM GMT (1PM London time), your transaction will fail.

ADDRESS ON ETHERSCAN:

https://etherscan.io/address/0x80fb784b7ed66730e8b1dbd9820afd29931aab03

TOKEN SALE INSTRUCTIONS

There are instructions on how to participate on the token sale with various languages.

Follow these instructions carefully.

We recommend to use 300 000 as gas.

COMMMUNICATION

FOR OFFICIAL ANNOUNCEMENTS, ETHLEND uses TWITTER:

https://twitter.com/ethlend1

Use only Telegram and KakaoTalk for interation with the team.

FOR OFFICIAL ANNOUNCEMENTS, ETHLEND uses TWITTER:

https://t.me/ETHLend for English (Official)

During the token sale use primarily the official English group as a primarily channel to interact with the team.

https://t.me/ETHLend_ES for Spanish

https://t.me/ETHLend_ITA for Italian

https://t.me/ETHLend_DE for German

https://t.me/ETHLend_RU for Russian

https://open.kakao.com/o/ggmnLmz for Korean

DO NOT USE SLACK AND DO NOT TRUST THE SLACKBOT.

Mind that we do not send private messages on Slack or Telegram.

On Telegram, our Founder Stani Kulechov username is @skulechov and display name is "Stani Kulechov Founder of ETHLend". Verify this information when you read posts relating to the contribution address. Stani does not send private messages.

RESTRICTIONS TO PARTICIPATE

We will not allow anyone from the U.S, Hong Kong or Singapore to participate in our token sale. To provide the right information will be the responsibility of the contributor.

Do not send ether from exchanges (these include Coinbase, Poloniex, Kraken or any other).

Do not use JAXX.

Do not use Multi-signature wallets.

CHECKING LEND BALANCE

Once you have sent Ether to the contribution address, you can check your LEND balance from the token sale page.

TRANSFERRING LEND

You cannot transfer LEND until the whole token sale period is over, latest on 9 December or when the cap is reached.

ETHLend pre-sale ICO details:

Starting:   25.09.2017 at 12.00 PM GMT (1 PM London time)
Ending:   25.10.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 2 000 ETH

TOKEN FOR SALE: 60 000 000 LEND (6% of total sold tokens)
LEND TOKEN PRICE: 30 000 LEND = 1 ETH
(price includes already 20% bonus tokens for all pre-sale participants)

Pre-sold tokens are deducted from the 1 000 000 000 LEND sold on official token sale.

Official ETHLend token sale ICO details:

Starting:   25.11.2017 AT 12.00 PM GMT (1 PM London time)
Ending:   9.12.2017 AT 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by pre-sold tokens)

LEND TOKEN PRICE:   First 200 000 000 LEND:   27 500 LEND = 1 ETH
(price includes already 10% bonus tokens)

Next 100 000 000 LEND:   26 250 LEND = 1 ETH
(price includes already 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

DEVELOPER FUND: 300 000 000 LEND
MAXIMUM TOTAL SUPPLY: 1 300 000 000 LEND (inc. developer fund)

How LEND is used in ETHLend?

On Entry to ETHLend

Discount: LEND enables 25% discount the deployment fees for a loan request and for funding a loan request on decentralized lending application.

On Use of ETHLend

Airdrops and Rewards: ETHLend uses flat 20% of the collected platform fees (upon loan request and funding a loan) to purchase back LEND from the market. This purchased LEND shall be distributed to the active lenders and borrowers (monthly or quarterly) based on activity.

The aim is to deliver strong token to the market and reward the token sale participants for early adoption. More info on the upcoming token sale: https://lend.ethlend.io/faq.html

yes!

LEND.ETHLEND.CO IS A PHISHING SITE OUR ENDING IS .IO - BEWARE!
There is a scammer who sends you e-mail and spoof the mail to look as if the mail is sent by @ethlend.io DO NOT TRUST. VERIFY ALL DETAILS AND THE TOKEN SALE ADDRESS FROM OUR TELEGRAM AND TWITTER.

DO NOT TRUST OUR SLACK OR SLACKBOT.

WE DO NOT SEND PM DO NOT TRUST PEOPLE SENDING PM AND ASKING ETHER. 

http://lend.ethlend.CO is a phishing site. Do not send Ether! OUR TOKEN PAGE HAS .IO ENDING. HOWEVER DO NOT TRUST EMAILS FROM @ETHLEND.IO EITHER. DOUBLE CHECK THE ADDRESS YOU ARE SENDING FROM SOCIAL MEDIA: TWITTER AND TELEGRAM.

LITTLE OVER 600 ETHER LEFT OF CAP: https://etherscan.io/address/0x80fb784b7ed66730e8b1dbd9820afd29931aab03

Verify the real address from our Twitter: https://twitter.com/ethlend1

And Telegram: https://t.me/ETHLend

TOKEN SALE INSTRUCTIONS - DAY 2

Almost 3/4 LEND Sold!

Bevare of scams (lend.ethlend.CO is a phishing site)

WE USE ONLY .IO DOMAIN, STILL DO NOT TRUST EMAILS!

LEND token sale page is live at: https://lend.ethlend.io

Caution: Verify that the address in your address bar is the same as above.

TOKEN SALE ADDRESS

On the token sale page you will see the address as:

https://twitter.com/ethlend1/status/911922722908844032


Verify the address from 2-3 different sources (lend.ethlend.io, Telegram, Twitter, Facebook, Discord).

Do not send Ether before 25 September 2017 at 12 PM GMT (1PM London time), your transaction will fail.

ADDRESS ON ETHERSCAN:

https://etherscan.io/address/0x80fb784b7ed66730e8b1dbd9820afd29931aab03

TOKEN SALE INSTRUCTIONS

There are instructions on how to participate on the token sale with various languages.

Follow these instructions carefully.

We recommend to use 300 000 as gas.

COMMMUNICATION

FOR OFFICIAL ANNOUNCEMENTS, ETHLEND uses TWITTER:

https://twitter.com/ethlend1

Use only Telegram and KakaoTalk for interation with the team.

FOR OFFICIAL ANNOUNCEMENTS, ETHLEND uses TWITTER:

https://t.me/ETHLend for English (Official)

During the token sale use primarily the official English group as a primarily channel to interact with the team.

https://t.me/ETHLend_ES for Spanish

https://t.me/ETHLend_ITA for Italian

https://t.me/ETHLend_DE for German

https://t.me/ETHLend_RU for Russian

https://open.kakao.com/o/ggmnLmz for Korean

DO NOT USE SLACK AND DO NOT TRUST THE SLACKBOT.

Mind that we do not send private messages on Slack or Telegram.

On Telegram, our Founder Stani Kulechov username is @skulechov and display name is "Stani Kulechov Founder of ETHLend". Verify this information when you read posts relating to the contribution address. Stani does not send private messages.

RESTRICTIONS TO PARTICIPATE

We will not allow anyone from the U.S, Hong Kong or Singapore to participate in our token sale. To provide the right information will be the responsibility of the contributor.

Do not send ether from exchanges (these include Coinbase, Poloniex, Kraken or any other).

Do not use JAXX.

Do not use Multi-signature wallets.

CHECKING LEND BALANCE

Once you have sent Ether to the contribution address, you can check your LEND balance from the token sale page.

TRANSFERRING LEND

You cannot transfer LEND until the whole token sale period is over, latest on 9 December or when the cap is reached.

ETHLend pre-sale ICO details:

Starting:   25.09.2017 at 12.00 PM GMT (1 PM London time)
Ending:   25.10.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 2 000 ETH

TOKEN FOR SALE: 60 000 000 LEND (6% of total sold tokens)
LEND TOKEN PRICE: 30 000 LEND = 1 ETH
(price includes already 20% bonus tokens for all pre-sale participants)

Pre-sold tokens are deducted from the 1 000 000 000 LEND sold on official token sale.

Official ETHLend token sale ICO details:

Starting:   25.11.2017 AT 12.00 PM GMT (1 PM London time)
Ending:   9.12.2017 AT 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by pre-sold tokens)

LEND TOKEN PRICE:   First 200 000 000 LEND:   27 500 LEND = 1 ETH
(price includes already 10% bonus tokens)

Next 100 000 000 LEND:   26 250 LEND = 1 ETH
(price includes already 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

DEVELOPER FUND: 300 000 000 LEND
MAXIMUM TOTAL SUPPLY: 1 300 000 000 LEND (inc. developer fund)

How LEND is used in ETHLend?

On Entry to ETHLend

Discount: LEND enables 25% discount the deployment fees for a loan request and for funding a loan request on decentralized lending application.

On Use of ETHLend

Airdrops and Rewards: ETHLend uses flat 20% of the collected platform fees (upon loan request and funding a loan) to purchase back LEND from the market. This purchased LEND shall be distributed to the active lenders and borrowers (monthly or quarterly) based on activity.

The aim is to deliver strong token to the market and reward the token sale participants for early adoption. More info on the upcoming token sale: https://lend.ethlend.io/faq.html

Over 80% of LEND pre-sold! Contribute to the final batch: https://lend.ethlend.io/token_sale.html   #ETHLend #Ethereum #TokenSale #ICOs #Decentralize_Lending

TOKEN SALE INSTRUCTIONS - DAY 3

Over 80% LEND Sold! Last batch for sale!

Bevare of scams (lend.ethlend.CO is a phishing site)

WE USE ONLY .IO DOMAIN, STILL DO NOT TRUST EMAILS!

LEND token sale page is live at: https://lend.ethlend.io

Caution: Verify that the address in your address bar is the same as above.

TOKEN SALE ADDRESS

On the token sale page you will see the address as:

https://twitter.com/ethlend1/status/911922722908844032

Verify the address from 2-3 different sources (lend.ethlend.io, Telegram, Twitter, Facebook, Discord).

Do not send Ether before 25 September 2017 at 12 PM GMT (1PM London time), your transaction will fail.

ADDRESS ON ETHERSCAN:

https://etherscan.io/address/0x80fb784b7ed66730e8b1dbd9820afd29931aab03

TOKEN SALE INSTRUCTIONS

There are instructions on how to participate on the token sale with various languages.

Follow these instructions carefully.

We recommend to use 300 000 as gas.

COMMMUNICATION

FOR OFFICIAL ANNOUNCEMENTS, ETHLEND uses TWITTER:

https://twitter.com/ethlend1

Use only Telegram and KakaoTalk for interation with the team.

FOR OFFICIAL ANNOUNCEMENTS, ETHLEND uses TWITTER:

https://t.me/ETHLend for English (Official)

During the token sale use primarily the official English group as a primarily channel to interact with the team.

https://t.me/ETHLend_ES for Spanish

https://t.me/ETHLend_ITA for Italian

https://t.me/ETHLend_DE for German

https://t.me/ETHLend_RU for Russian

https://open.kakao.com/o/ggmnLmz for Korean

DO NOT USE SLACK AND DO NOT TRUST THE SLACKBOT.

Mind that we do not send private messages on Slack or Telegram.

On Telegram, our Founder Stani Kulechov username is @skulechov and display name is "Stani Kulechov Founder of ETHLend". Verify this information when you read posts relating to the contribution address. Stani does not send private messages.

RESTRICTIONS TO PARTICIPATE

We will not allow anyone from the U.S, Hong Kong or Singapore to participate in our token sale. To provide the right information will be the responsibility of the contributor.

Do not send ether from exchanges (these include Coinbase, Poloniex, Kraken or any other).

Do not use JAXX.

Do not use Multi-signature wallets.

CHECKING LEND BALANCE

Once you have sent Ether to the contribution address, you can check your LEND balance from the token sale page.

TRANSFERRING LEND

You cannot transfer LEND until the whole token sale period is over, latest on 9 December or when the cap is reached.

ETHLend pre-sale ICO details:

Starting:   25.09.2017 at 12.00 PM GMT (1 PM London time)
Ending:   25.10.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 2 000 ETH

TOKEN FOR SALE: 60 000 000 LEND (6% of total sold tokens)
LEND TOKEN PRICE: 30 000 LEND = 1 ETH
(price includes already 20% bonus tokens for all pre-sale participants)

Pre-sold tokens are deducted from the 1 000 000 000 LEND sold on official token sale.

Official ETHLend token sale ICO details:

Starting:   25.11.2017 AT 12.00 PM GMT (1 PM London time)
Ending:   9.12.2017 AT 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by pre-sold tokens)

LEND TOKEN PRICE:   First 200 000 000 LEND:   27 500 LEND = 1 ETH
(price includes already 10% bonus tokens)

Next 100 000 000 LEND:   26 250 LEND = 1 ETH
(price includes already 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

DEVELOPER FUND: 300 000 000 LEND
MAXIMUM TOTAL SUPPLY: 1 300 000 000 LEND (inc. developer fund)

How LEND is used in ETHLend?

On Entry to ETHLend

Discount: LEND enables 25% discount the deployment fees for a loan request and for funding a loan request on decentralized lending application.

On Use of ETHLend

Airdrops and Rewards: ETHLend uses flat 20% of the collected platform fees (upon loan request and funding a loan) to purchase back LEND from the market. This purchased LEND shall be distributed to the active lenders and borrowers based on activity.

The aim is to deliver strong token to the market and reward the token sale participants for early adoption. More info on the upcoming token sale: https://lend.ethlend.io/faq.html

BREAKING NEWS: Digix & ETHLend Announces Extensive Partnership on Decentralized Lending

Tokenization of assets. Digix was one of the first proof-of-concept on tokenizing valuable real-world assets. Tokenization means that a value is translated into a tradable and easily transferrable digital format, a token. Digital tokens may represent any value from the real world, such as commodities, shares or property.

Every DGX token contains the right to 1 gram of gold that is stored in an audited vault. Therefore, the value of the tokenized gold can be easily traded or pledged against a loan without moving the physical gold repository. This digital gold standard provides more flexibility to investors that are trading in physical gold.

Moreover, unlike many digital tokens whose value is based on speculation on a blockchain startups future, DGX tokens are subject to the price of real gold. Therefore, these tokens are useful in situations where an investor aims to avoid volatility, while still having the benefits of owning a digital good.

ETHLend is a decentralized peer-to-peer application that is running on Ethereum network. ETHLend is a global lending market that connects lenders and borrowers from all over the world. ETHLend offers secured loans with the use of ERC-20 compatible digital tokens as a collateral. The application is ideal for token holders who are in need for liquidity and all those who want to participate in a free lending market. Instead of selling and closing a token position, a borrower can easily pledge digital tokens to receive Ether.

ETHLend is additionally adding a function to tie Ether loans to fiat currencies to avoid volatility and allowing familiar loan agreements for everyone, while keeping all benefits that separate blockchain technology from traditional banking: fast transactions even across borders, transparency for all parties and safety-by-design through self-executing contracts, called smart contracts.

Today Digix and ETHLend announce a mutual partnership that will create new use-cases and investment strategies for the DGX token holders and value stability and new functions for ETHLend platform users, whether they are individuals or businesses. The partnership consists of R&D collaboration, shared products and functions as well as combined efforts to educate and inform more people about the possibilities of business on the blockchain. The suitability of the DGX token on the ETHLend platform has already been tested successfully with test loans being collateralized by the gold token.

First, DGX token will be added as the first fixed token on the application. This means that a borrower who is willing to pledge a DGX token on ETHLend does not need to provide a smart contract address of the token. Instead, such information is readily available on the application.

Second, introducing a volatility feed. Since digital tokens bear volatility which must be taken into account, ETHLend and Digix will categorize the volatility of different tokens and map the results for users to understand the inherent risk of volatility. Such categorization is beneficial for the safety of  loan participants and it highlights the power of asset-backed tokens such as DGX. Also ETHLend will seek to incorporate a collateral-swap option, to allow on-platform asset swaps to low-volatility tokens, such as DGX, if the collateral value is dropping below a certain threshold in the middle of the loan.

Third, DGX as the token. ETHLend shall develop a smart contract on Kovan testnet to research the topic of token lending. ETHLend has received plenty of requests for lending tokens for different strategies such as short selling or hedging. DGX would be the token of choice for a stable lending basis. ETHLend will adopt token lending on the live decentralized application if the community continues to express the need for it.

Contact :

Digix
More info : https://digix.global/

ETHLend
More info : https://ethlend.io
Telegram : www.t.me/ethlend

Hi All, MaxiCrypto's post is according to our guideline on adding LEND to MEW.  :) Thanks!

563 448 USD Contributed on Pre-Sale. 176 ETH worth of LEND remaining. Contribute now: https://lend.ethlend.io

Great news that project have the success. I have participated in Twitter bounty campaign, so I belive that rewards will be good, but price of tokens directly depends from Project. Glad to see that contributins are great

SOLD OUT in 3 day.

Hi MaxiCripto! Thanks, now we have lot of work to do for the upcoming ICO and on dapp development.  :)

New Loan Request

New Loan Request on #ETHLend: 0.1 ETH/15 Days. Backed by 2500 #Decentraland (Value 36.13 USD, ratio 119,95%). Profit 0.02 ETH (Ann ROI: 981.84%) https://app.ethlend.io/loan-request/0x0682be4b3396113ca08b7433122f992a7387049e

To fund this loan: install MetaMask (https://metamask.io) and browse here: https://app.ethlend.io/loan-request/0x0682be4b3396113ca08b7433122f992a7387049e

Instructions: https://app.ethlend.io/faq

You are making someone to achieve a finance goal :)

Very nice result!!! Good campaign - good result!
When will be ICO? And when will it end?

Thanks  :)

Official ETHLend token sale details:

Starting:   25.11.2017 AT 12.00 PM GMT (1 PM London time)
Ending:   9.12.2017 AT 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by pre-sold tokens)

LEND TOKEN PRICE:   First 200 000 000 LEND:   27 500 LEND = 1 ETH
(price includes already 10% bonus tokens)

Next 100 000 000 LEND:   26 250 LEND = 1 ETH
(price includes already 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

                                              ETHLend ICO added - ICOTRACKER.NET    https://icotracker.net/project/ethlend
                                                             https://twitter.com/Kaznachej123/status/915136537532276736
 
                         https://s8.hostingkartinok.com/uploads/images/2017/10/4ba0c060e64fe2a08fb80dbb77d8a0bf.jpg (https://twitter.com/Kaznachej123/status/915136537532276736)

It's a good idea to go to centralised lending. Can you take out loans now

Decentralized Lending on Ethereum Network...




Weekly token sale update:

https://about.ethlend.io/2017/10/01/ethlend-weekly-update-and-token-pre-sale/

Tnx!

This is one of the coolest projects out there being launched with an ICO and it is such a pity this thread does not get so much traction.

Yes, you're right. The  project is a very good one. It fully represents what blockchain stands for which is primarily decentralisation and financial inclusion. The  thread currently hosts less traffic but I believe with the success of the just concluded pre-sale,  the traffic will gradually explode.

Greetings, Ethlend community! Well done for all your hardworks. We have really done well in the pre-sale, and the result was a proof to that. But there is no rest to a man whose work is yet to finish. As the mainsale beckons on all of us, let's do it again and again. We must fully decentralize lending on the Ethereum Blockchain.  Success all the way!

Most anticipated Ethereum event in Finland Coming up

Meet ETHLend at Helsinki Ethereum Meetup at Reaktor

ETHLend is participating in the Helsinki Ethereum Meetup at Reaktor on 10 October 2017, which is a Application/Software development house located in Helsinki, Amsterdam, New York, Tokyo and Dubai. Our Founder Stani Kulechov and our Head of Token Sale Martin Wichmann (both Finns) are presenting the topic “DApps – Decentralized Applications”. The CEO of Streamr, Henri Pihkala shall also present the topic “Real-time data for decentralised apps”.

We expect crowd of app developers and Ethereum enthusiasts who are interested in these topics. There are also free food and beer as usual. If you are around Helsinki, do subscribe and meet us at Reaktor.

More info at Meetups:

https://www.meetup.com/Reaktor-Events-Helsinki/events/243456471/

THLEND PARTICIPATES IN BLOCKCHAIN BUSINESS CONFERENCE IN VIZAG, INDIA

The journey has just started. After making a heartfelt presence in Andhra Pradesh region by mentoring students for blockchain hackathon sponsored by Andhra Pradesh and winning hearts of everyone in India Blockchain Week in Mumbai.

https://about.ethlend.io/wp-content/uploads/2017/10/Blockchain-Vizag.jpeg

ETHLend has been invited to Blockchain Business Conference sponsored by the Andhra Pradesh Government to exhibit our ETHLend decentralized application and the technology beneath it at the Fintech Valley, Vizag.

Chief Minister of Andhra Pradesh Shri N. Chandrababu Naidu is pushing hard to implement blockchain solutions practically in every possible governmental sector. ETHLend is proud to be part of that ecosystem where our technological solution can enable Andhra Pradesh government to solve the problems in the lending sector. We look forward to meet and exhibit our decentralized application among various international speakers and guests from the blockchain world and blockchain enthusiasts.

If you are attending the event, do have a chat with us.

The event is held from 9-10.10.2017 at Fintech Valley, Vizag India.

More details on Blockchain Vizag: https://www.blockchainbusinessconference.com/

To keep track of news and updates, make sure to follow us on our social channels:
Subscribe to ETHLend Token Sale: https://about.ethlend.io/token-sale/
Telegram: https://t.me/ETHLend
White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Follow us & participate …
Discord (Latest news and voice chats): https://discord.gg/nKjsStv
DAPP Thread: https://bitcointalk.org/index.php?topic=2013399
Telegram General: https://t.me/ETHLend
Telegram Sprechen Sie Deutsch https://t.me/ETHLend_DE
Telegram ¿Hablas español https://t.me/ETHLend_ES
Telegram Parli italiano https://t.me/ETHLend_ITA
Telegram Гoвopитe пo-pyccки https://t.me/ETHLend_RU
Reddit: https://www.reddit.com/r/ETHLend/
Facebook: https://www.facebook.com/ETHLend/
YouTube: https://www.youtube.com/channel/UCZUFYgrvO7xpxzMjijgqWyQ
Twitter: https://twitter.com/ethlend1
Medium https://medium.com/@ethlend1
DTube: http://dtube.video/#!/c/ethlend
Steemit: https://steemit.com/@ethlend
BTCTalk ICO Thread: http://bitcointalk.org/index.php?topic=2090735.0;all
WeChat: @ethlend
KakaoTalk: http://open.kakao.com/o/gBzFr5y
Vkontakte: http://vk.com/ethlend

WP Update: Introducing new features for the roadmap and new utility functions for the LEND token

ETHLend is expanding to other blockchain platforms with complete focus on user adoption

ETHLend has added a new brief ensuring easier information delivery for the ETHLend community

We have added a brief of all the important functions that are demonstrated within the white paper to ensure easier readability and understanding. We are aware that reading close to 60 pages of technical focused material might not be so easy to absorb, therefore the brief covers key points and will help our community members quickly grasp what we are focusing on throughout the further development of ETHLend.

The ETHLend token sale starts on the 25th November 2017 and ends on 27th December 2017

We have allowed a whole month for the token sale to follow the industry medium.

In addition to the roadmap: Competitive bidding on interest rates between lenders

We will develop an auction-like bidding function for the decentralized application to provide the best market rate on interest rates for the borrowers. The interest rate bidding auction is a reverse auction where the lenders place bid offers for a loan interest rate. The lowest bid on the interest rate will win the auction and the smart contract will accept that particular lender as the funder of that loan via smart contract. Such bidding would provide the most competitive interest rate for the borrowers since anyone from any part of the world can participate and bid on the loans.

In addition to the roadmap: Expanding Decentralized Lending and Decentralized Credit Rating beyond the Ethereum network

An overall project is nothing without an extensive plan. ETHLend is planning to expand the decentralized lending application to other blockchain networks well beyond Ethereum. We have researched and found different blockchain networks have their own capabilities and the users are divided between these different blockchains. ETHLend plans to be accessible beyond Ethereum by providing similar lending functions on other blockchain networks as well.

Additionally, we are going to create a function to broadcast the data from our decentralized credit rating to other blockchain platforms. By compiling such data, the borrower can use his well-earned credit score on other applications in other blockchains.

ETHLend’s plan on expanding to other blockchain networks is developing as the last milestone within our immediate roadmap. ETHLend requires a fully functional application on the Ethereum network and we need to wait for other blockchain networks to mature along with the growth of the decentralized lending market before we can expand our development to these new networks.

ETHLend has added a reward program: Rewarding introductions with LEND (New utility function)

We will purchase additional amounts of LEND tokens (Amount to be decided during Q1 2018) so as to reward both lenders, borrowers and third parties who introduce new participants to the decentralized lending platform. The introductions will be rewarded with a stake of the purchased LEND that is dedicated for the introduction program. Full details of the introduction program shall be disclosed during Q1 2018.

Adding Featured functions that are accessible only with LEND tokens (New utility function)

We will provide further functions that are only accessible with the use of LEND. These featured functions will include Featured loan listings.

Featured listings are where the loan request is placed in the top of the search and/or listing results to speed the lending process for both borrowers and lenders who require a faster lending experience within ETHLend. An email marketing campaign for new loan requests- Such a marketing campaign might be beneficial for large loans.

ETHLend reserves the right to provide more additional featured functions for the LEND users.

Change: Lenders and Borrowers can alternatively sell their airdropped LEND instead of using it on ETHLend (New utility function)

We added the capability to sell the LEND that is rewarded for both the active lenders and borrowers. Such is convenient when a lender or borrower is leaving the application.

5% is allocated from core development to marketing and promotions

We have chosen to allocate 5% of the overall Lend to marketing from the core development. ETHLend believes that a strong promotions and marketing campaign is a must to succeed in the global lending market. Since ETHLend has already a functioning prototype of the decentralized application, we are far ahead of most of the lending ventures that are aiming to use blockchain technology within lending. Therefore, we shall increase the marketing allocation with 5%. After the change, the funds allocation is the following where 50% of the raised funds are dedicated to further quality assurance and development:

30% on core development
20% on user experience development
20% on management & legal
20% on promotions & marketing
10% on unexpected costs

Added the Advisory board to the White Paper

We have added the complete list of advisory board to the White Paper. We have updated the Advisors of ETHLend to correspond with our growing team.

Changing months to Q’s (Quarter) on roadmap

We have changed the format used on the roadmap. Instead of providing the month when a function will be deployed, we are now providing the Quarter of the year when such function shall be deployed. Therefore, we have more flexibility for Quality Assurance, testing and perfecting the code before deployment on the main Ethereum network.

6-month Cliff period added for team members that join ETHLend after the token sale period

For all new team members who join ETHLend after the token sale period (From 2018 onwards) and are subject to the vesting model, a 6-month cliff-period is added. This means that if the person leaves before 6 month from the starting point, the ETHLend member is not entitled to the vested tokens.

With these additions and modifications, we are proceeding with the upcoming token sale on the 25th November.

To keep track of news and updates, make sure to follow us on our social channels:

Subscribe to ETHLend Token Sale: https://about.ethlend.io/token-sale/
Telegram: https://t.me/ETHLend
White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Follow us & participate …
Discord (Latest news and voice chats): https://discord.gg/nKjsStv
DAPP Thread: https://bitcointalk.org/index.php?topic=2013399
Telegram General: https://t.me/ETHLend
Telegram Sprechen Sie Deutsch https://t.me/ETHLend_DE
Telegram ¿Hablas español https://t.me/ETHLend_ES
Telegram Parli italiano https://t.me/ETHLend_ITA
Telegram Гoвopитe пo-pyccки https://t.me/ETHLend_RU
Reddit: https://www.reddit.com/r/ETHLend/
Facebook: https://www.facebook.com/ETHLend/
YouTube: https://www.youtube.com/channel/UCZUFYgrvO7xpxzMjijgqWyQ
Twitter: https://twitter.com/ethlend1
Medium https://medium.com/@ethlend1
DTube: http://dtube.video/#!/c/ethlend
Steemit: https://steemit.com/@ethlend
BTCTalk ICO Thread: http://bitcointalk.org/index.php?topic=2090735.0;all
WeChat: @ethlend
KakaoTalk: http://open.kakao.com/o/gBzFr5y
Vkontakte: http://vk.com/ethlend

BitcoinDay and ETHLend Latin Advisor & Media Correspondent – Nolvia Serrano

BitcoinDay is an event platform that seeks to spread knowledge about bitcoin and the uses of the blockchain in society, thus motivating the Latin American community to join this technological-financial revolution.
 
This coming October 12th, Santiago de Chile will host a group of entrepreneurs and experts in the areas of cryptocurrency and blockchain technology are already listed in the various conferences that will be given that day.

https://about.ethlend.io/wp-content/uploads/2017/06/nolvia-225x300.png

ETHLend will not be the exception, our Latam Advisor and Media Correspondent, Nolvia Serrano, will travel to Santiago to participate in the panel in which she will share our revolutionary decentralized lending application.

Come to know the technology that is revolutionizing the world!

Buy your ticket at:

https://welcu.com/bitcoinday/bitcoinday

Cryptocurrency Investors in LA (Ciila) presents the ETHLend DAPP today at 5 PM in Los Angeles.

https://www.runwaycoachnyc.com/wp-content/uploads/2017/03/LA.jpg

Stephen and Jin From Cryptocurrency Investors in LA (Ciila) presents ETHLend on a meetup in LA. Ciila is a group of 50 investors from Los Angeles, who participate in different token sales and review decentralized applications.

This Saturday (14.10.) at 5 PM at the Yellow House Cafe in Los Angeles, the group will present the ETHLend’s decentralized application to demonstrate the technology behind ETHLend and how blockchain technology is disrupting the financial sector.

The event is fully booked and we to receive feedback and good brainstorming sessions with the Ciila community.

More info on the event: https://www.meetup.com/cciila/events/244098050/

ETHLend announcing the Global Roadshow

https://about.ethlend.io/wp-content/uploads/2017/10/ETHLend-Roadshow-1024x768.png

ETHLend team will be attending lot of events in the upcoming months to spread the word about decentralized lending and meet with community members all over the world. This is also a perfect opportunity for us to connect with potential participants as we prepare for the upcoming Token Sale.

ETHLend will be attending these events in the following locations at given dates. Hopefully, we can connect with as many of our community members as possible (F2F)

ETHLend team will be attending lot of events in the upcoming months to spread the word about decentralized lending and meet with community members all over the world.

This is also a perfect opportunity for us to connect with potential participants as we prepare for the upcoming Token Sale.

October

12th BitcoinDay Santiago, Chile
17th Blockchain Summit Amsterdam, Netherland
17- 20th Good Festival Lausanne, Switzerland
18- 19th Fintech Conference Gibraltar
19th Cryptofinance Oslo, Norway
20th Blockchain Technology Conference Melbourne, Australia
24- 25th World Blockchain Summit Dubai, UAE
24- 26th Coin Agenda Las Vegas, USA
25- 26th TechFugees Summit Paris, France
27th BlockBali Bali, Indonesia

November

5th SteemFest Lisbon, Portugal
2- 3rd Decentralized Cyprus
6- 9th Web Summit Lisbon, Portugal
15- 16th Blockchain & BTC Conference Moscow, Russia
22nd Blockchain Summit Crypto Valley Zug, Switzerland
28th Blockchain Summit London, UK

December

4- 5th Disrupt Berlin Berlin, Germany
4- 5th MoonTech Tallinn, Estonia
5th Blockchain Auckland New Zealand
7th Bconference UAE

More information and reports from these events will be posted on our blog and social media. Some more events might be added and some might fall out. Especially, we are planning for events in Asia as well.

To keep track of news and updates, make sure to follow us on our social channels:

Subscribe to ETHLend Token Sale: https://about.ethlend.io/token-sale/

Telegram: https://t.me/ETHLend

Our Legal Advisor Adnan Javed Speaks Tomorrow at Blockchain Summit Melbourne

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/01ef5bcd-0333-4828-a77b-fbeb3a8ae7a8.jpg

Did you know that ETHLend's Legal Advisor Adnan is also a Qualified Engineer?

ETHLend's very own Legal Advisor Adnan Javed is attending Blockchain Summit in Melbourne on 20th October. Adnan will speak on the topic "Initial Coin Offerings: Legality - Past, Present and Future"

Here is a bit of background on Adnan:
 
Adnan is currently the Legal Advisor at ETHLend, Advisor at ZenCash and Expert at ICOBench. He is an Australian Lawyer and Engineer. He has worked on numerous blockchain projects to date including large scale bespoke blockchain projects across internet of things, finance and payments sectors. 3 years ago he discovered Bitcoin which led him to explore blockchain applications and use cases. He has a keen interest in how blockchain technology will advance in shaping all industry sectors from an adoption, regulatory and policy perspective.

As usual, we will share all insights and the latest buzz on the community Telegram: https://t.me/ETHLend

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/db9a27e8-cc3d-4971-b4e8-af0095e774da.jpg

ETHLend participates in Blockchain and FinTech events in Amsterdam, Oslo and Gibraltar

ETHLend team attends various events this week in Europe. On tuesday we were attending Blockchain Summit in Amsterdam where discussion was focused on how blockchain technology could be adopted.

This Wednesday we are also attending in International FinTech Conference at Gibraltar where our Advisor Anastasija Plotnikova is announced as a speaker on Cyber Security and blockchain. This is an enormous opportunity to highlight the security improvements that smart contracts provide to financial applications, such as ETHLend.
 
On Wednesday and Thursday we are attending CryptoFinance in Oslo, where our Head of Token Sale Martin Wichmann is announced as a speaker on decentralized lending.

To sum it up, we are working hard to create the global lending market.

We will share all insights and the latest buzz on the community Telegram.

https://t.me/ETHLend

Hackernoon on ETHLend: https://www.reddit.com/r/ethereum/comments/77zi2w/the_future_of_lending_is_blockchain_hacker_noon/ upvotes are appreciated. Writer works as a developer at Amazon in Seattle.  :)

ETHLend participates this week In Blockchain Events in Dubai, Moscow, Bali, Paris Melbourne and Bangalore

https://about.ethlend.io/wp-content/uploads/2017/10/ETHLend-Roadshow-768x576.png

Additionally, Our Head of Management Jordan Gustave Lazaro is participating in TechFugees Summit in Paris, France. TechFugees creates technology projects to help refugees.

Moreover, our Advisor Anastasija Plotnikova and Russian Local Advisors Philipp Vasilyev and Dias Alimbay are present in a Blockchain event in Moscow, Russia.

Our Financial Advisor Sergej Stein and Visual Designer Rowan Van Ginkel were invited to BlockBali to present ETHLend.

Meetups! Legal Advisor Adnan Javed is presenting a Keynote at Melbourne Ethereum Meetup on ETHLend, where over 60 people are expected to come. Opinder Preet Singh is also presenting ETHLend at Bangalore Cryptocurrency Meetup on this Saturday.

If you are around, do come and have a chat with us!

As usual, we will share all insights and the latest buzz on the community Telegram. Especially some great pictures!

To keep track of news and updates, make sure to follow us on our social channels:

Subscribe to ETHLend Token Sale: https://about.ethlend.io/token-sale/

Telegram: https://t.me/ETHLend

Great looking project!

How does Ethlend differ from something like SALT? Are they a competitor to you doing same/similar things. What will you be doing differently. They have a bit of a head start on you so interested in how you'll get ahead :)

Hi, good question! Although, I dont believe that they have a head start since we have a basic alpha dapp already running from May 2017 on main Ethereum network.  :)

But here are the differences between the competition:

How ETHLend differs from the competition

Functionally, the known competition of ETHLend uses ERC-20 tokens as a collateral to borrow FIAT currencies such as USD. While such function might be suitable, ETHLend is emphasising in pledging ERC-20 to receive cryptocurrencies such as Ethereum or Bitcoin. Our ideal aim is to create financial tools for the crypto economy. However, we shall adopt FIAT-pegging as well which means that one could use FIAT currencies as a base calculation and send transactions by using Ethereum.

What makes ETHLend different from other ventures is that the team delivered their first ever prototype of the decentralized lending application this May. Based on the practical findings, the team wrote the white paper on decentralized lending. The ETHLend considers this as an edge since ideas that are good in theory might not hold in practice. Hence, we created proof-of-concept that our users can already adopt.

Technically ETHLend differs from others that the application is fully decentralized. Decentralization provides more security by design since all transactions are performed via Smart Contract. Therefore, the participants in a loan agreement do not need to trust ETHLend or the counterparty. Such solutions provides full transparent market since all transactions are broadcasted in the blockchain which can be explored by anyone.

Moreover, ETHLend is open to all participants from all parts of the world and the transactions are done peer to peer. We do not limited the market in any way and cannot interrupt in the lending. Participants are free to choose the parameters. Being free means that the application is open for banks, investment funds, companies and consumer end users. Never such wide-scale lending market has been deployed before. With ETHLend you can run a lending institution of your own.

ETHLend learns from Steemians

ETHLend’s Head of Management Jordan Gustave Lazaro and Head of Token Sale Martin Wichmann will travel this week to Lisbon, Portugal to participate at SteemFest.

https://about.ethlend.io/wp-content/uploads/2017/10/steemfest.jpg

SteemFest is a 5 day event where Steemians (users of the Steemit community) are gathering. The event will consists of a hackathon, social events and lots of interesting people.

ETHLend focus has been from day one on interacting with the growing (almost reaching 2 000 members) community on Telegram. We want to learn from Steemians on how they maintained their awesomeness while becoming a big community.

As usual we will share all the insights (and those “unofficial and not our shining moments” pics on our Telegram.

To keep track of news and updates, make sure to follow us on our social channels:

Subscribe to ETHLend Token Sale: https://about.ethlend.io/token-sale/

Telegram: https://t.me/ETHLend

White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md

guys, when will LEND tokens becames tradable?
any date announced?

Hey. I like the project. Bounty will be?

Where can I find any guide how to make loans on ethlend?

Hi, once the token sale is over, latest on 27 December or when the cap is reached.

Instruction videos at https://app.ethlend.io/faq

The Founder of ETHLend on Community & token sales

We did a new podcast on Communities and token sales. Our Founder explains why it is important to have a strong community in token sale and in the blockchain project.

Listen the podcast here: https://www.youtube.com/watch?v=S7v7-jHBg4o

Listen to this podcast to understand how community support is a good benchmark. This podcast is dedicated to our Telegram community: https://t.me/ETHLend

Moving from Wall Street to become a Professor and finally entering to the world of Smart Contracts - Why ETHLend, Wulf?

ETHLend's Media Correspondent and Latam Advisor Nolvia Serrano interviewed our very first advisor Professor Wulf Kaal.

Who Is Wulf Kaal?

Wulf Kaal has spent a year at Goldman Sachs Securities Division, where he worked with Foreign Exchange Trade Analysis. He has also had a Corporate Associate position at Cravath, Swaine and Moore, the leading law firm in New York. Kaal speaks regularly at leading conferences in the United States, Europe, and Asia. His speaking engagements include presentations at the European Central Bank, Harvard University, Columbia University, George Washington University and many others.

Nolvia asked what was the decisive factor to join the ETHLend Advisory Board and what ETHLend needs to mind when moving forward to the token sale and the development period. Watch the whole interview below and remember to subscribe.

Watch the interview: https://www.youtube.com/watch?v=O2wZYpRu9x4

We Are Attending The Largest Tech Conference - Web Summit

ETHLend's Jordan and Martin were participating SteemFest in Lisbon last week (quick brief by Martin on Steemit). Now the journey continues to Web Summit, the biggest tech conference with 60,000+ Attendees and 1,200+ speakers from 170+ countries.

We are exited to present ETHLend, meet other blockchain & tech startups. We have already set up a few meetings with potential partners and investors. Moreover, we are currently planning our Asia roadshow and meetups. Will inform about the cities and dates soon.

If you are around, do come and chat with us about the decentralized application or the upcoming token sale.

As usual, all insights and exclusive content on Telegram. Join here: https://t.me/ETHLend

ETHLend Partners with Bloom for Credit Ratings

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/f8e54511-382e-4e46-b798-8dd3bed7cf2b.png

Since May 2017 when ETHLend deployed the first live decentralized lending application on the Ethereum main network, we have been researching several options to provide sound lending experience for lenders and borrowers to minimize default risk.

Accordingly with our roadmap, ETHLend will develop the decentralized credit rating where centralized and decentralized credit rating systems can be used to minimize credit risk and conduct KYC on lending.

Today, we are happy to announce that Bloom is partnering with us on providing the ability to use local credit institutions' credit scores for blockchain loans and in case of defaults, these defaults can be reported back to the credit rating agencies. With Bloom, we are providing more secure lending on our reputation based lending side.

Bloom was amazed on how far ETHLend is on the Solidity development. Their project is awesome and Bloom has a great team - we have the right combination here!

ETHLend keynote in Frankfurt Ethereum Meetup - present 180 Ethereum enthusiasts and professionals

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/c98a505f-a32f-4459-9afd-539847b17709.png

ETHLend will be presenting and sponsoring a Meetup in Frankfurt, Germany, together with the leading German research organization of the Frankfurt School, the Blockchain Center.

After a lot of interest from our large German community, ETHLend decided to host a series of Meetups in many German cities to inform and discuss about Blockchain lending and engage the people.

The topic of the evening will be “Building the internet of value on the Ethereum Network”, where Kersten Schütze, our Head of Corporate Strategy, will be talking about how ETHLend brings value to the financial world to around 180 attendees.

Where?

Frankfurt School campus Adickesallee 32-34 60322 Frankfurt am Main

When? Tuesday, 14. November start at 19:00

Sign up here, for the last spots!

Telegram community https://t.me/ETHLend

German Telegram community https://t.me/ETHLend_DE

ETHLend Use-case tip: Awesome use-case on ETHLend, profit from downmarket: I borrow ETH at 310 USD, sell it, price drops to 300 USD, buy back, I make 10 USD profit, I return Ethereum back to the lender. Ever made profit when ETH is going down? Now you can at https://app.ethlend.io

Are you participating in ETHLend token sale?

download Eidoo wallet at https://eidoo.io ETHLend will use Eidoo wallet to add more security and better user experience for the token sale. ETHLend will also airdrop 15 000 000 LEND to all Eidoo Wallet users. Our whitelist will be lauched tomorrow at 12 PM GMT.

ETHLend & EIDOO!

https://medium.com/eidoo/eidoo-partners-with-ethlend-as-the-first-ico-to-use-our-ico-engine-b3a956e9a59

Hi, is there any social bounty campaign that I can join?

Thank you

ETHLend is a project with really good ambitions, but what do you think about the general feeling towards micro-loans? As far as I know micro-loans are seen as a big failure. Hopefully ETHLend will change the status quo and make them a success again!

Greetings.

There are several questions:
1) Did you have an agreement with any of the major exchanges?
2) What is the expected date for the appearance of tokens on the market?
3) How many tokens will be released in total?

Is this for real their ICO won't accept MEW, and we have to DL Eidoo Wallet, and move Eth to there?

What a pain......what's wrong with MEW?   

Probably some backhander from Eidoo?

Will I be able to send my tokens out of this Eidoo wallet ASAP after the sale?

Yes, after the token sale.  :)

No pain no gain  :)

We want to add more security to avoid phishing attacks since by participating with Eidoo, you only need the app.

I think microloans are failure as well.

Here is good info on decentralized lending and benefits:

What are the benefits of decentralized lending?

Liquidity available globally. Today, borrowers are limited to local banks and peer to peer lenders, which creates a local lending market. Decentralized lending provides the ability to reach capital from different parts of the world. Borrower from the UK is not limited to UK lenders. Instead, the borrower can receive funds all the way from Tokyo to Los Angeles. Such wide scale lending might provide more competition to local lenders and pressure the interest rates to decrease.

Funding Initial coin offerings. Decentralized lending might be plausible alternative or additive for funding before initial coin offerings (ICO). Blockchain startups can take the advantage of decentralized lending by placing some of their future sold tokens as a pledge for a loan. This might be an innovative solution to fund research, development and marketing before the ICO. Once the ICO is finished, the startup can repay the loan. The solution provides temporary funding for the startup without giving away tokens.

Faster process and the unbanked. Transactions within the Ethereum blockchain network are settled within seconds or minutes. Moreover, the lending process of placing a loan request and funding a loan request takes few minutes in total including the transfers of the cryptocurrency. The speed is competitive edge compared to centralized lending process. Decentralized lending might eventually provide access to finance for the unbanked as well.

1. cant disclose yet
2. Jan 2018
3. 1,3 billion max total supply

Limited Whitelist is open for 5 000 Token Sale Participants from Wednesday 15.11.

ETHLend opens the limited whitelist for 5 000 token sale participants for on 25.11.2017 at 12 PM GMT. The link to the whitelist will be available on that time on https://ethlend.io on the new website landing page.

Upon whitelisting, the participants must insert their details and the amount to contribute, submit identification and verify their email. Within 48 hours the applicant will receive an email on whether the participant is accepted or declined. We do not allow participation from US.

ETHLend is the first decentralized p2p-lending application live on the Ethereum Blockchain, that has already a working product and an international team, working eager on making finance more fair and accessible to everyone in the world today. We are bringing democracy to lending, erasing interest rate differences between countries and creating a trusted lending network, without the need for banks and governments. Someone from Tokyo can lend to someone from Delhi instantaneously, making lending borderless.

While ETHLend is continuing to develop the decentralized application further, the team also revealed details on the upcoming token sale. ETHLend introduced LEND token for contributors who are participating in the token sale. The main utility function of LEND is the ability to use it for paying deployment fees on ETHLend with a 25% discount compared to ETH. Additionally, ETHLend shall provide other privileges for LEND token holders based on the community suggestions once the DAPP has grown into a full scale lending market.

ETHLend is introducing continuous AirDrops for loyal Lend holders in such a way that DApp users will receive regularly LEND tokens based on their activity which can be used as a collateral only, strengthen the platform on the one hand and incentivising users to profit from decentralized lending on the other hand. Therefore, LEND is designed to create user adoption and more value for the product. When more users are using the application, there are more lenders and borrowers that would purchase the token from the market token holders.
Official ETHLend token sale details:
Whitelist: Opens on 15.11.2017 at 12.00 PM GMT

Starting: 25.11.2017 at 12.00 PM GMT
Ending: 27.12.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by  60 million pre-sold tokens)

LEND TOKEN PRICE: First 200 000 000 LEND: 27 500 LEND = 1 ETH
(price includes 10% bonus tokens)

Next 100 000 000 LEND: 26 250 LEND = 1 ETH
(price includes 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

Minimum amount to participate: 0.01 ETH

Decentralizing Lending.


Website: https://ethlend.io
White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Telegram: https://t.me/ETHLend
Reddit: https://www.reddit.com/r/ETHLend/
Facebook: https://www.facebook.com/ETHLend/
YouTube: https://www.youtube.com/watch?v=IGaoqUoL1F4&t=2s
Twitter: https://twitter.com/ethlend1
Medium https://medium.com/@ethlend1
Steemit: https://steemit.com/@ethlend

Nolvia Serrano Presents ETHLend to Spanish Crypto Communities

This November 23 will start Ethlend’s Roadshow in Spain, a total of 4 events will take place in Madrid, Malaga and Valencia. Come and join us!

Nov 23rd at 10:30 AM

It will start in Majadahonda with an event organized by Territorio Bitcoin “Blockchain and the Financial Industry". The well-known Spanish publisher of Blockchain and Criptocurrencies, recently awarded a Digital Award for best media innovation project in Spain, invited Ethlend’s team to share the project with the attendees as a successful use case.

https://www.meetup.com/Blockchain-Noroeste-Madrid/events/245169629/?_locale=es-ES
 
Nov 23rd at 19.00 PM

Later TheCUBE, an innovative space in Madrid set up by Unlimiteck, one of Spain's leading players within entrepreneurship, will host an event where Nolvia Serrano, our media correspondent and Latin America Advisor will present ETHLend to future investors and users. TheCUBE is currently working to support tech startups by providing them with a highly inspiring work environment and connecting them with big corporations and Business Angels.
 
Nov 28th at 19 PM

Next stop will be in Alicante, where the crypto community from the area will host meetup on November 28th, to give an Introduction to Blockchain technology, cryptocurrencies and their legal aspects. Nolvia Serrano will be present there as well bringing awareness of financial inclusion and decentralized lending.

https://www.meetup.com/Blockchain-y-Criptodivisas-Rivas/events/245130056/?_locale=es-ES
 
Nov 30th at 19 PM

The Roadshow will be end on November 30th with Marbellas crypto community, Blockchain in Costal del Sol, with the Meetup "Innovations that come in the Blockchain" to talk about new products that should be available in production in 2018, starting with Ethereum. Meetup will take place at Coworking Place, Marbella.

https://www.meetup.com/Blockchain-in-Costa-del-Sol/events/245133820/?joinFrom=event&success=profileUpdatedEventWelcome

We will share all our insights on Telegram, join now:

Spanish Telegram Group
Official Telegram Group
 
Official ETHLend token sale details:
Whitelist: Opens on 15.11.2017 at 12.00 PM GMT (join now)

Starting: 25.11.2017 at 12.00 PM GMT
Ending: 27.12.2017 at 23.59 PM GMT or when the cap is reached

AMOUNT TO RAISE: 37 600 ETH

TOKEN FOR SALE: 1 000 000 000 LEND (deducted by  60 million pre-sold tokens)

LEND TOKEN PRICE: First 200 000 000 LEND: 27 500 LEND = 1 ETH
(price includes 10% bonus tokens)

Next 100 000 000 LEND: 26 250 LEND = 1 ETH
(price includes 5% bonus tokens)

Remaining LEND: 25 000 LEND = 1 ETH

Minimum amount to participate: 0.01 ETH

Decentralized Lending.


Website: https://ethlend.io
White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Telegram: https://t.me/ETHLend
Reddit: https://www.reddit.com/r/ETHLend/
Facebook: https://www.facebook.com/ETHLend/
YouTube: https://www.youtube.com/watch?v=IGaoqUoL1F4&t=2s
Twitter: https://twitter.com/ethlend1
Medium https://medium.com/@ethlend1
Steemit: https://steemit.com/@ethlend

goood

One Week Until the Token Sale Starts - ETHLend invited to Zug, Switzerland

Massive week coming up for ETHLend. We are participating in events and meetups in different cities before the token sale starts on Saturday 25th at 12 PM GMT (Get Whitelisted). ETHLend is launching a full set of meetups all over Europe, ranging from Madrid in the West to Moscow in the East.

Moreover, Stani, the ETHLend founder, and Martin, the Head of Token Sale, will be representing ETHLend at the prestigious Blockchain Summit in the famous Crypto Valley in Zug, Switzerland.

In order to approach ETHLend and its team on a more personal basis you can join one of our many meetups, just to list the ones next week:

21st Lugano, Southern Switzerland - Luca Cotta presents ETHLend

Presentation at the Lantern Fund Forum

https://finlantern.com/fundforum/

 
22nd Berlin, Germany - Sergej Stein & Kersten Schütze

Meetup, sponsored by ETHLend

https://www.meetup.com/de-DE/TICA-Tokens-ICOs-Cryptocurrencies-Meetup/events/243849162/

 
23rd Madrid, Spain - Nolvia Serrano

Meetup, sponsored by ETHLend

 
24th Helsinki, Finland - Stani Kulechov & Martin Wichmann

Crypto Investor meetup

Time and place announced in Telegram: @btcfinland

 
25th Moscow, Russia - Philip Vasilyev

Educational lecture about ICOs at HSE University

Open event at Higher School of Economics

 
Additionally there will be more occasions in the beginning of November and during December to see ETHLend and get in touch. Just to name a few: we will be present in Berlin during the TechDisrupt Conference, also the Madrid meetup is only the first in a series of 4 on our roadshow through Spain, other locations are Majadahonda (also on the 23rd), Alicante and Marbella. Additional meetups are confirmed in Vienna, Austria and Munich,Germany.

 
If you want to find out more about ETHLend, the meetups, the team and the ICO, visit our website and join our large Telegram community, where the team is present 24/7:

 
Limited 5000 Participant Whitelist: https://ethlend.io

The Founder of Starbase.co and Blockchain Engineer Tomoaki Sato Joins ETHLend

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/5b78c84e-33fa-4e74-a018-9748e7a49866.jpg

Let us proudly introduce Tomoaki Sato as a new member of Advisory Board. Tomoaki has an extensive background in the cryptocurrency space as a blockchain engineer, an investor and a founder.

After researching more into bitcoin during searching the opportunities of bitcoin for islamic finance he created Islamap.Inc, application for muslims in muslim minority countries.

As a founder of the Smart Contract Japan (https://smartcontract.jp/), leading company in Japan to write, run and research about smart contracts in Japan. He provided technical consultancy services to the top notch companies around the world.

Tomoaki is also a founder of the Starbase (http://www.starbase.co/) which  is a blockchain token based crowdfunding/ sourcing platform. By using Starbase, innovative startups can fundraise and crowdsource by issuing blockchain tokens. Token based crowdfunding is fast, low-costing, works at a global scale and brings Internet of Value for everyone.

Tomoaki Sato is an active supporter of the decentralization and the blockchain technology in principle. Being on the board with ETHLend he will advise on the technical structure of the future development of the platform as well as introduce our services to the Japanese market.

Our team is excited to work with Tomoaki and get his expert advice and perspective on the decentralized lending market and the technical execution.

LinkedIn https://www.linkedin.com/in/tomoaki-sato-086a0555/

Liquidity with AI Lending and Borrowing Bots on ETHLend Decentralized Application

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/111006dc-c321-4070-a4a1-e7253b5f0890.png

ETHLend and NaPoleonX are glad to announce a mutual partnership that will bring new use-cases and investment strategies for NaPoleonX clients and more liquidity available for ETHLend platform users, whether they are individuals or corporates.

This partnership consists in shared functions and common research to provide more investment opportunities for our users alongside a combined effort to showcase the possibilities of blockchains and distributed ledgers on the financial market

NaPoleonX,a brand new crypto asset management company will diversify going forward its scope launching DAFs (Decentralized Autonomous Funds) to fund loan based on collateral risk assessment and invest more on the market from large ETH funding to match borrowing request on ETHLend.

Moreover, ETHLend will benefit from higher liquidity on its platform and ad hoc investment solutions offering new perspective for the repo business, notably from DAFs tokens backed by real assets being pledged as robust collaterals.

From now on, ETHLend and NaPoleonX will closely work in a first step on credit & collateral modelling and ambition to effectively deliver cross fertilized solutions on H2 2018.

Great synergies come from efficient collaboration! Stay tuned!

The ETHLend & NaPoleonX teams

LEND token sale KYC-whitelist is closing soon, if you have not registered, register here to participate to the token sale on this saturday (25th) at 12 PM GMT.

Good job team! What's the progress on risk model?

Anyone tried login into the dashboard?

Doesn't seem to work.  Tried on multiple computers.

really looking forward to this ICO today

https://www.chipin.com/ethlend-ico-p2p-lending-platform-ethereum-blockchain/

The email is case-sensitive, try first letter as big. Also you might need to reset password if you have special chars.

Sharpe Announces a Cooperation Partnership with ETHLend

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/45f693da-8878-4178-b5b8-76fb201712f9.png

November 20th 2018, London — Sharpe Capital and ETHLend are delighted to announce their exciting new cooperation partnership. The Sharpe-ETHLend partnership was finalized following a meeting at Web Summit 2017 in Lisbon, Portugal. The newly established relationship provides ETHLend with privileged early access to the Global Sentiment Index data-feed during its Alpha and Beta developmental stages, delivering real time insights into how the market perceives individual blockchain assets. Sharpe and ETHLend will work together to refine the product and optimize it for further commercialisation. This partnership is a key proof of the value of one of Sharpe Capital’s core products and future revenue streams — Sharpe is working to ensure the Global Sentiment Index becomes the world’s leading source for market sentiment data.

Through collecting real human insights and combining them with cutting edge machine learning, Sharpe can far surpass the traditional approach to sentiment analysis derived from often highly unreliable analysis of social media feeds and news sources. By joining forces with ETHLend, Sharpe Capital is able to tailor the Global Sentiment Index to an increasingly diverse audience, and help to reduce risks associated with blockchain-driven lending.

Sharpe Capital is a FinTech organization developing a platform to crowd-source market sentiment on global equities and blockchain assets, paying service fees in Ether to users in return for their insight. Supplemented with cutting edge, machine learning-driven linguistic analysis and quantitative trading strategies developed in collaboration with leading academic partners at University of California, Berkeley and the University of Oxford, Sharpe Capital aims to deliver best-in-class data-feeds for use by investors.

Co-founder and Chief Operating Officer of Sharpe Capital, Dr. Butler, described the newly announced advisory partnership: “By joining forces with ETHLend, Sharpe Capital is able to tailor the Global Sentiment Index to an increasingly diverse audience, and help to reduce risks associated with blockchain-driven lending.

ETHLend has been available on Ethereum main network since May 2017, providing a global lending market where loan conditions are agreed between borrowers and lenders, and parties can participate on both sides. ETHLend is a transparent, borderless and decentralized market and erasing interest rate differences between countries by providing competition on a global scale. ETHLend solves key issues regarding collaterals, decentralized credit rating and exchange volatility risks with fiat pegging option.

Through partnership with Sharpe Capital, ETHLend lenders will now access to the leading source of decentralized and crowdsourced asset sentiment, allowing lenders to assess collateral risk on loan request using real-time data from the Global Sentiment Index before choosing to fund a loan — Jordan Gustave, Chief Operating Officer of ETHLend

Going beyond simple metrics of price and implied volatility, the Global Sentiment Index will let users know precisely how the market perceives an asset’s viability over timeframes from one week to one quarter. Following the Sharpe Platform launch on 11th December, ETHLend will have access to the Global Sentiment Index as it is collaboratively developed and refined during the Alpha and Beta stages of the product.

Participate to our token sale on this Saturday by enrolling to our KYC-whitelist here: https://ethlend.io

Saturday is a Big Day - Stay Safe & Read This to Avoid Scams and Phishing During the LEND Token Sale

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/35ceccdd-bc1c-4c70-a3fb-b16e548f559d.png

ETHLend LEND token sale starts on 25th of November 2017 at 12 PM GMT. ETHLend team wants to thank all our supporters and contributors. During the pre-sale we have raised 2000 ETH and we are working intensively to deliver milestones from the White Paper. We did sign up partnerships with the companies that will add value to the ETHLend platform and provide more opportunities to the community and businesses.

Since the pre-sale we did partner up with DigixDao, Bloom, NapoleonX, Sharpe Capital and Eidoo - which is the official and only one wallet of the token sale. We have 4 full time developers working on the platform at the moment. Tomoaki Sato became advisor at ETHLend and we are working closely on the Japanese market, further development of the platform as well as local crypto communities.

We have received over 8 500 thousand  applications for the KYC and new ones are incoming. All contributors must go through the process to be able to participate. The whitelisting process is still going on and we have accepted over 4800 applications, some are still being processed.
For security reasons, you can only participate by using Eidoo Wallet. By using Eidoo you do not need to send Ethereum to a specific address. Instead you can contribute by clicking. See this video on how to contribute: (https://www.youtube.com/watch?v=FeXqGq-at28)

There are 2 representatives from Eidoo on our Telegram to answer Eidoo related questions. Otherwise, you can ask Eidoo related question in their Telegram: https://t.me/joinchat/F4ox3EO_ubynqlzakd6lKw .

On 25 November before the token sale starts, your participation code will be available on your dashboard at https://ethlend.io/login . TEST THE LOGIN today/tomorrow morning to make sure you have the access to the dashboard. The login email address is case sensitive, you might try Myname@mail.com instead of myname@mail.com depending how you registered. Additionally, if that does not work, reset your password and avoid special characters.

Pick the participation code from the dashboard on 25th of November. The code will be uploaded 2 hours before the token sale.

If any issues, contact hi@ethlend.io

WARNING! We do not ask you to send Ethereum to any other address! Do not send such Ethereum even if the email comes from hi@ethlend.io. Emails can be spoofed. Use only Eidoo wallet. If you encounter any suspicious activities, please refer to our Telegram at https://t.me/ETHLend

https://ethlend.io is the only website we have. Do not trust any other website, avoid phishing from other websites. Use only Eidoo wallet to participate. Do not send Ethereum to addresses. With Eidoo you do not need to send to any address, you participate by clicking in the App.

If you have any issues contact us first on Telegram. We are there 24/7.

Do not trust private messages on Telegram, verify on https://t.me/ETHLend whether someone of us has sent you a private message. Do not trust anyone! SCAMMERS MIGHT TRY TO DO FAKE ACCOUNTS PRETENDING TO BE PART OF THE ETHLEND.

Do not use or trust Slack or emails from slack channel!

On 25th November there will be lot of contributions, don't panic (Ethereum network might be under high traffic). If you shop exactly at 12 PM GMT, you should make it.

Always double check anything you read on multiple platform (Twitter + Telegram for example)!


Participate to our token sale on this Saturday by enrolling to our KYC-whitelist here: https://ethlend.io

ETHLend project is such an amazing project. The ICO is currently doing great in the public sales. 77.34% of the 940,000,000 tokens hard cap already sold within few hours. This is an awesome news. If you are not yet in, then you got to hurry before it is sold out. A great opportunity waiting to be grabbed.

80.12% of the 940,000,000 LEND token hardcap sold out within 24 hours. ETHLend project is going to be one of the most successful ICOs in 2017. Don't wait to be told. Get whitelisted today to get a share of the remaining 19.88% LEND tokens before is sold out. This is an amazing opportunity you can't afford to miss. Go to https://ethlend.io

Day 2 - ETHLend LEND Token Sale Skyrocketed over 10 Million USD within 30 Minutes!

LAST 20% OF TOTAL MAX SUPPLY FOR SALE! Get KYC-whitelisted here: https://ethlend.io

Details:
For faqs → /faq
For token sale details → /tokensale
For local groups → /local

White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Blog: https://blog.ethlend.io
YouTube: https://www.youtube.com/channel/UCZUFYgrvO7xpxzMjijgqWyQ
Twitter: https://twitter.com/ethlend1

NOTE:

WE DO NOT ASK FOR MONEY IN PM. WE DO NOT OFFER DISCOUNTS. PLEASE BE AWARE OF SCAM AND INFORM THE TEAM ASAP IF YOU ENCOUNTER SUSPICIOUS MESSAGES!!!

ETHLend LEND token sale starts on 25th of November 2017 at 12 PM GMT. ETHLend team wants to thank all our supporters and contributors. We are currently working intensively to deliver milestones (USD pegging and Installments) from the White Paper.

Token sale goal is 37 600 ETH.
Token sale started on 25 November 2017 at 12:00 PM GTM.
Token sale ends on 27 December 2017 at 23.59 PM GTM or when the cap is reached.

REMEMBER:

For security reasons, you can only participate by using Eidoo Wallet. By using Eidoo you do not need to send Ethereum to a specific address. Instead you can contribute by clicking. See this video on how to contribute: (https://www.youtube.com/watch?v=nMzXEezagAo )

There are 2 representatives from Eidoo on our Telegram to answer Eidoo related questions. Otherwise, you can ask Eidoo related question in their Telegram: https://t.me/joinchat/F4ox3EO_ubynqlzakd6lKw .

On 25 November before the token sale starts, your participation code will be available on your dashboard at https://ethlend.io/login . Login to access to the dashboard. The login email address is case sensitive, you might try My.Name@mail.com instead of my.name@mail.com depending how you registered. Additionally, if that does not work, reset your password and avoid special characters.

If any issues, contact hi@ethlend.io

WARNING! We do not ask you to send Ethereum to any other address! Do not send such Ethereum even if the email comes from hi@ethlend.io. Emails can be spoofed. Use only Eidoo wallet. If you encounter any suspicious activities, please refer to our Telegram at https://t.me/ETHLend

https://ethlend.io is the only website we have. Do not trust any other website, avoid phishing from other websites. Use only Eidoo wallet to participate. Do not send Ethereum to addresses. With Eidoo you do not need to send to any address, you participate by clicking in the App.

If you have any issues contact us first on Telegram. We are there 24/7.

Do not trust private messages on Telegram, verify on https://t.me/ETHLend whether someone of us has sent you a private message. Do not trust anyone! SCAMMERS MIGHT TRY TO DO FAKE ACCOUNTS PRETENDING TO BE PART OF THE ETHLEND.

Do not use or trust Slack or emails from slack channel!

Always double check anything you read on multiple platform (Twitter + Telegram for example)!

Participate to the token sale here: https://ethlend.io

ETHLend LEND Token Sale Skyrocketed over 10 Million USD within 30 Minutes

https://gallery.mailchimp.com/04de13a83712d4574605ac37b/images/ad0139c6-eaaa-4e1b-a7c4-8bb22b8068b0.png

12 000 000 USD worth of Ethereum Raised - 20% of the Max Total Supply on Sale!

November 26, 2017 – ETHLend, the first and only functioning decentralized lending platform, has successfully raised $10 million USD in the first 30 mins of its public token sale for early adopters of the decentralized lending application build on top of Ethereum network.

ETHLend is a decentralized lending platform with an extensive roadmap that is going to see the ETHLend team to implement various crypto financial products such as token lending, crowdlending, collateral management and a protocol for AI lending bots. ETHLend’s road map can be found at https://ethlend.io/en/roadmap/.

ETHLend already offers (https://app.ethlend.io) secured loans on the Ethereum blockchain where users can borrow Ethereum using any ERC-20 digital tokens as collateral. The digital tokens ensure repayment of the loan, and lenders can lend Ether without the loss of capital.

ETHLend’s pre-sale closed out in September from an impressive zero marketing budget to a 2000 ETH cap being met within 77 hours. The Token sale started on November 25 at 12 PM GMT and skyrocketed to an impressive 10 million dollars in the first 30 mins. There is now less than 20% of LEND token available before the cap is reached and its closing out at a steady pace with the minimum purchase of 0.01 ETH.

Leading the way in decentralized lending, Stani Kulechov the founder of ETHLend has now gathered a community of over 6 700 members. Personally involved in the group, he’s available day in and day out to answer queries which has given a feeling of security amongst the ETHLend community.

This is all backed up by an impressive advisory board with names including but not limited to Jon Matonis the founding Director of The Bitcoin Foundation and Robert Viglione co-founder of Zencash or Tomoaki Sato, founder of Starbase

Follow ETHLend on Telegram https://t.me/ETHLend

Join their Whitelist and partake in the token sale https://ethlend.io/en/whitelist/

Can I ask a question ?
What is your platform and the great benefits we can get with the purchase of your coin?

Hi, here are some answers:

LEND is designed to create user adoption and more value for the product by rewarding active lenders and borrowers and to provide a 25% discount on the platform when paying platform fees in LEND instead of Ether. When more users are using the application, there are more lenders and borrowers that would purchase the token from the market (token holders). Moreover, ETHLend uses 25% of the application fees to purchase LEND back and to reward active borrowers and lenders with airdrops, therefore increasing the demand for LEND. This unique way is the only way to direct the the value to the product, thus to the project and hence to the token value (and token holders).

ETHLend Token Sale Skyrocketed to 10 Million USD worth of Ethereum within 30 minutes!

https://scontent-arn2-1.xx.fbcdn.net/v/t31.0-8/23847116_1950359615283996_149329648364976923_o.png?oh=752dc71f3b68504bb4631c6b22efee0b&oe=5A8D21E8

Contribute to the last 20% of the total supply here: https://ethlend.io and join our Telegram at https://t.me/ETHLend

Two new loan requests on ETHLend

https://www.reddit.com/r/ETHLend/comments/7foznv/new_loan_on_ethlend_12_eth_for_30_days_profit_1/

https://www.reddit.com/r/ethereum/comments/7fp3au/new_loan_on_ethlend_12_eth_for_35_days_profit_003/

Use MetaMask to Fund (https://metamask.io)

ETHLEND AN INNOVATIVE PROJECT

The idea has long been exist, but no one knew how to implement it .

Famous project. Unfortunately, I did not take part in the project  :-[ 

 :o Is it possible to trade now?

Yes, I am following them since June. They have gone very far

Ethlend-'investors', congratulations on buying a token worth as much as the air your average tax inspector breathes!

https://s33.postimg.org/wx7l6hum7/Screenshot_from_2017-11-27_20_43_02.png


Oh and did anyone mention that a 'utility token', when traded without an application is a security?

https://s33.postimg.org/yp0k1elov/security.png

Lets all thank Vitalik Buterin for his awesome gift of free money to the world, at the expense of completely gullible 'investors'.
Have a nice day!

According to howey test we have an utility token.
Most of our team consists of lawyers so we were treating such questions very seriously and registred in EU. In the near future we will move to Zug .
Moreover we have an alpha dapp https://app.ethlend.io/

So, I see no reason for any concerns :)

Is it still possible to take part in ICO ?

Yes, you can!
ICO ends  only on December 27 or when it fully sold out .

Now why oh why would you do that...to be in the physical presence of the ICO-verse overlord Vitalik
or perhaps because their securities laws are, for the moment, less stringent.


Really?! Why would that be the case? Shouldn't your team be filled with skilled software engineers?
Man, this is so transparent.

We are moving to Zug to have full compliance with the eu legislation.

If you want to know more about our current status, pls visit the website ethlend.io


2 currently we are  having 7 developers who are working on different tasks including the smart-contract.

Unfortunately we need additional money to increase our dev. team. This is one of the reasons why we are obtaining ICO.


All our team information is represented on the website ethlend.io

If you have any further questions, do not hesitate to ask in our official group:
https://t.me/ETHLend

Can I still take part in the ICO or you closed ?

Sure, you can! But hurry up, only 1% left )

we have to use eidoo wallet with cellphone ? why put that complicate like that...

We want to have a protection against phishing. It is user-freindly so that any non-crypto investor can easily adopt

The ICO is over.

Thank you for participation !

ETHLend is listed on CoinCodex:
https://coincodex.com/crypto/ethlend/


https://i.gyazo.com/d17a6cc67634302f2e15eab85ee216d3.png (https://coincodex.com/crypto/ethlend/)

I just read that LEND is listed at KuCoin - Great News !!!

Yes I also read that but Binance also wil list LEND right ?

In near future, yes !

Listed on Kucoin already. Volume is steadily increasing. The moment this gets listet on Binance/Bittrex I feel price will boom. Managed to pick some up on 0.000034 eth on etherdelta earlier. I'm HODLING :)

Your'e welcome to use my referral-link if you would like to sign up for kucoin exchange: https://www.kucoin.com/#/?r=E4AaJm

I am not sure if this is a good place to report that, but I think there is an issue with token names in loan requests on ETHLEND. Collateral currency shown as DOGE or Dogecoin is actually EDOGE tokens which are way cheaper than actual crypto - DOGE (ETHLEND only accept ERC20 ethereum based tokens as far as I understand). For new users this might be misleading. I can see at least one funded loan for 1 day(2.5ETH loan for 500000 EDOGE collateral which is like 1$ in value) , offering 20% gain in interests which looks too good to be returned and several other "waiting for lenders" offers.

EDIT: same thing with LTC and Litecoin names for ELTC collateral. 12ETH overall loans funded for collateral worth 15$.

Etherscan token: https://etherscan.io/token/0x8a7b7b9b2f7d0c63f66171721339705a6188a7d5
Loan request: https://live.ethlend.io/loan-request/0x9e623726bd33ce1dae5f0f39e524bac6a10752ff
                     https://live.ethlend.io/loan-request/0xb6da517907a4321519516603269531b93b7b9940
                     https://live.ethlend.io/loan-request/0x48f6c6c843bec55da8f96d3ebde87ed6c4091770

                     https://live.ethlend.io/loan-request/0xd48adc0a554f4abbc3fa86db6bb48c571e6544d4
                     https://live.ethlend.io/loan-request/0x5019b43ca8c0c1e44811ca4cda02f15b484e73ae

Thank you ! Let wait for other amazing news )

Thank you for the report!


I will  write down your suggestions to keep a track on such problems! Will try to solve these issues in the upcoming Dapp patch

Please,tell me what price was in BTC on ICO? Can I expect a coin for bittrex or binance?

When go to "Start Lending" I got this error page: https://app.ethlend.io/no_metamask

No Metamask
This site requires the Metamask plugin for Google Chrome.

And I'm using Firefox.

The Dapp is currently running on the Kovan netwok(test network). The platfrom itself is under additional development(new features will occur) for a couple of days.

Look here please:

https://coinmarketcap.com/currencies/ethlend/




Join the binance competition in order for the Lend token to be listed!


I. Bounty Contest: Help ETHLEND to be listed on Binance!

Binance is hosting a Twitter vote competiton for the next token listing untill Dec 5th.

Binance is an big exchange from the TOP 5 with 600mil.$ daily volume. We need to win the competition!

In order to do so:

1. Follow @binance_2017 on Twitter

2. Retweet this
https://twitter.com/binance_2017/status/936193428257366017

3. After retweeting fill out Form to be eligible for Bounty: https://goo.gl/forms/7GlE53KmYy3Qqpd63

4. Thank You So Much ❤️  Cheers!
Twitter
binance
Vote for $LEND @ethlend1 by retweeting this! Remember to follow @Binance_2017 to make it count #BinanceCommunityVote

Joined binance twitter bounty. It seems LEND will be listed on binance, this should give a huge boost to the price. BRB, picking up some!

"LEND will be listed on binance, this should give a huge boost to the price"

I dont think it, the volume always increasing because of the hype, after listng dump hard every coin..
see sub or nuls

Hype is a necessary, but not a sufficient condition.

Where i can find Translation and blog spreadsheet sir?
And when Bounty campaign will end?

Are you talking about bounty? https://bitcointalk.org/index.php?topic=2078686.0
 
Bounty will last 4 more days.

Still get weird messages and not able to enter "Start lending", even using Chrome with MetaMask plugin:

Receiving data...
Please wait for the data to be downloaded from Ethereum network...

Wait for 1 week and app will work .

Voting done. Best of luck

Thank you for the participation! Waiting for results now

Guys, the web site is still not working!
When do you plan to have working ETHLend web site?

ethlend.io actually works. Could you try again visit the web site, please ?

good entry point.
looks like a nice dip here

Thank you! Join us in telegram https://t.me/ETHLend

ETHLend, a 100% decentralized peer to peer lending platform, is a decentralized application (DAPP) developed upon the Ethereum Network.

As the global P2P lending market is expected to grow at a CAGR of 53.06% during the period 2016-2020, the need for a secure, blockchain based way of lending is growing steadily. Moreover, lending between participants from different parts of the world is now accessible

Great idea and I joined with this bounty thanks

Nice to hear from you )

I think it's too late I just bought ETHLend tokens but I have no regrets. I can see great progress. Congratulations on Binance guys.

great progress gents :) im hearing rumors ethlend will be listed on bittrex?

Great to see that LEND is now listed on major exchanges. This is the first step to growth. Im looking forward to see further development of the ETHLend platform, its a great project, with a great vision that will help many people all over the world. A real use case for the blockchain!

what happen if the ETH price goes up like now?
loan repayment based on borrowed currency, or based on currency price when borrowed?

I saw that if you voted for ETHlend to get listed on binance, you get free eth bounty?

Cause you had to insert your eth address.

I am a believer of ETHlend and I sincerely like the project.

However why I am asking, is that was the information correct or I did insert my eth address to some scammer website and there is no bounty for voting ethlend to get listed on binance? You had to vote for it in the twitter and then fill in the box.

Any news on that?

What time will the Dapps be launching?

Is there any press release for annonced cooperation of ETHLend and Change marketplace ?

Where did u get that information? That would be great if it is listed on bittrex and the price might rise

How do the installments work? Does that mean the first installment would be paid within 30 days with 2 more monthly installments to follow? are the 3 total installments over 30 days or 90 days?

The price will definitely skyrocket if added to Bittrex, but it's very hard to be added on it.

                                                   ETHLend Airdrop! Instructions (RUS) for Russian-speaking people!    https://youtu.be/5RpDZN-fW7w
                                                                       https://twitter.com/Kaznachej123/status/950708728382279681 
      In order to be eligible to for the LEND airdrop you need to download the Eidoo app before January 10th 12 p.m. GMT, date on which the snapshot will be taken.
     ETHLend Airdrop: info about the snapshot and Eidoo users eligibility!  https://blog.ethlend.io/ethlend-airdrop-info-about-the-snapshot-and-eidoo-users-eligibility-a02b77e1be3

                                        https://s8.hostingkartinok.com/uploads/images/2018/01/42a6f3b43a566f161221b819d2a010d7.jpg (https://youtu.be/5RpDZN-fW7w)

Interestsing .


EIDOO + LEND = PRECIOUS combination


win win combination

He must use MetaMask as noted at the top of that page. Otherwise it won't work.

It is not too late my friend. I won't be surprised if we hit a $1 pretty soon and move upward to $10 and beyond from there. This is a token with a great community and world class team behind it. This is not even to mention the fact that it already has a working product that is seeing an increase in usage. Massive adoption and well-thought out partnerships are going to rocket this one to the moon - and rightly so. It is best to strap in. 8)

I have read through..but I ve a question
When will the token be listed on coinmarket cap?

It is already listed there. Here you go: https://coinmarketcap.com/currencies/ethlend/

The app needs some improvement, sorting is a must function. ATM it is almost unusable.

The market is much fever, but ETHLend looks very good! at the background of the rest!

Thanks for sharing.
This is a great project, wish you success.

This look interesting.

Are there borrowers and lenders that can provide testimonials about their experience?

I'm considering to double my position in this coin, what do you guys think of it?

It depends on your overall portfolio and your appetite for risk.

P.S. Nothing is guaranteed, but once all of the bounty tokens are released, we might see a dip in the price - a golden opportunity to buy more (or to double your position). Personally I intend to hold onto mine and not sell any time soon.

More people need to know about this lending service over Metamask on the ETH Blockchain, seems to be starting out great.

For those of you who like to expand your portfolios into lending tokens, these are the best in my opinion (in no specific order):

1. EthLend (LEND)

2. Populous (PPT)

3. Debitum (DEB) (Clif High rates them 10/10 - You don't want to miss out on their ICO that's currently in progress)

4. SALT (SALT)

Yes, they have started out great and even bigger and better changes are coming (improved user interface, more tokens, etc.).

Beyond price changes in the wider market, it seems that the market is responding negatively to the ETHLend team's decision "...to disrupt the whole finance world by creating a completely new standard: the lending currency by using LEND tokens as the medium of exchange for all lending transactions in the Ethereum application" (https://www.cryptocoinupdates.com/ethlend-update-unboxing-the-new-lend-utility-and-fee-structure/ (https://www.cryptocoinupdates.com/ethlend-update-unboxing-the-new-lend-utility-and-fee-structure/)).

The above coupled with the release of bounty tokens should create the ideal opportunity to get into LEND at lower prices.

P.S. I am just sharing my personal opinion. Don't take this as financial advice - you're responsible for your own decisions, including potential losses.

World Blockchain Summit in Nairobi (March 22)
https://coindar.org/en/event/ethlend-lend-world-blockchain-summit-in-nairobi-3184
Blockchain Tropical Coast International Congress in Motril, Spain (March 09)
https://coindar.org/en/event/ethlend-lend-blockchain-tropical-coast-international-congress-in-motril-spain-3704

Congratulations, your project has been added to the White Rabbit listing site and app: http://www.whiterabbiticos.com/icos/ethlend-lend

Is there any reason there are 2 pages worth of people asking for help on the Ethlend bounty page and they are being ignored?  Is this a potential warning sign things may be going sideways?  It seems odd to me they are not responding.  I was doing my due diligence and noticed this potential PR nightmare beginning to grow. Head over and take a look.

https://bitcointalk.org/index.php?topic=2078686

Yeah things are looking bad over there.  People are there authenticating themselves and Ethlend is still calling them scammers even though they obviously control the account.  Looks like we may have a scam unfolding.  Why else would they let this go on for weeks?

I was looking to invest in this project however I took a look a the bounty thread and it appears ETHlend is not paying some of the participants nor are they updating the spreadsheet.  There are pages of complaints over there not being dealt with.  I think this project may be dying and the owners cashing in (hence the huge dump).  I almost put in a large position but holding off now. 

I was just kicked out of the ETHLend telegram chat with no warning and after only asking 1 question. 

I asked what is going on with the bounty thread and why are there so many complaints going unanswered. 

I would be very careful investing.  When you get banned for asking why they are ignoring 4 pages of questions  going unanswered in a public forum you know something is not right.  This is from a lending organization.  How could be trust them with something as important as what they are attempting if they cannot answer questions and immediately boot you for bringing up issues.

Goldman Sacs and JPMorgan are looking better by the moment.   

Looks like ETHlend is censoring both telegram and reddit.  They are not paying bounty hunters.

https://www.reddit.com/r/CryptoCurrency/comments/83n30x/how_ethlend_was_built_from_scamming_its_workers/
https://bitcointalk.org/index.php?topic=2078686

Impressed at the 1month chart of ETHLend https://coingenome.com/coin/lend

ATH looks like EOY?

https://cdn-images-1.medium.com/max/1600/1*Vuzo-4GuUpGEW8EXDBb55w.jpeg

This month has been full of exciting news. We announced the creation of the first Fully Gamified and Decentralized Credit Profile and the upcoming release of Alpha 0.3 of the decentralized application, which is the biggest achievement in the whole development process since the start of the project back in early 2017.

We also announced the start of the First Round of Rewards for active users of the platform. ETHLend is allocating 20% of collected fees to purchase LEND back from the market to reward active lenders and responsible borrowers as a compensation for good behavior on our platform and as an incentive to increase user adoption and lending volumes.

With the Omura version release, lending volume has been building up nicely and on 15th of March we reached over 6,000 ETH in lending volume with our decentralized application (Alpha 0.2.0 and Alpha 0.2.1 codenamed Omura). During Alpha 0.2.0 the lending volume reached 3,500 ETH and Omura version has already reached 2,500 ETH by 15th of March and we estimate it to reach 3,500 ETH by end of March, bringing the total to 7,000 ETH.

ETHLend Integration Announcement Kyber Network is entering the world of decentralized lending!

We are proud to announce that our exchange will integrate with ETHLend to provide instant asset liquidation and token pairing in the first ever decentralized lending marketplace.

ETHLend is an ambitious new project that is revolutionizing the way our world understands finance. Using Ethereum based smart contracts, ETHLend has created a transparent and democratic lending ecosystem, bringing new loan options to people worldwide. This peer-to-peer loan platform removes middlemen, allowing interest rates to be decided by the people, for the people. Built on the belief that finance should be visible, accessible, and decentralized, ETHLend is closely aligned with the fundamental values of Kyber Network.

ETHLend recently announced that the Lend token will be implemented as the medium of exchange. This update is only made possible by the integration of the Kyber platform that will effectively create Lend pairs for every ERC20 token in the ETHLend DApp. Kyber’s frictionless token conversion will increase the usage and utility of ETHLend’s Zero Fee Lending service.

With the help of Kyber’s instant liquidity service, lenders on the ETHLend platform will now have access to asset liquidation in cases of defaulted loans or collateral calling without having to leave the ETHLend DApp.

As Dr. Loi Luu, the CEO of Kyber Network, said “Our partnership [with ETHLend] embodies our vision to become a solution to empower businesses. With Kyber on the platform, the lender can finance a loan in one token type, while the borrower receive the loan in another. This interaction could bring about greater innovation that will spur the development of the entire blockchain sector.”

We look forward to this collaboration and the opportunity to provide a seamless and pain-free user experience that will expand the use of digital assets and cryptolending. https://blog.kyber.network/ethlend-integration-announcement-27e26a782fd0

BREAKING NEWS: ETHLend Unleashes Alpha 0.3 (Kogia) to Ethereum Testnet. With user experience in focus, ETHLend is proud to present today the newest version of the decentralized application to the Kovan testnet.  https://twitter.com/ethlend1/status/981989102932373510
Details here: https://blog.ethlend.io/ethlend-unleashes-alpha-0-3-kogia-to-ethereum-testnet-6cf17b9a8500

ETHLend at Expert Forum on Digitization, Helsinki
This event is part of a series of Expert Forums organised around Europe on topical matters and challenges facing the European Union. This forum will focus on digitization and specifically on the future of the Digital Single Market, governance of innovative technologies and the protection of individual and societal rights in the digital era. Anastasija will be presenting the blockchain and crypto industry with the support of the Vilnius Blockchain Centre that is helping to boost innovations across Europe. https://blog.ethlend.io/ethlend-at-expert-forum-on-digitization-helsinki-ca6ee3c14cb7

https://cdn-images-1.medium.com/max/800/1*J1-LqdakMGqLrCMDYeoQrQ.png

Bounty Distribution Completed https://blog.ethlend.io/bounty-distribution-completed-5d8e2dd80a2f

LEND Bounty distribution started on January 31st, all bounty campaign participants were instructed to claim their tokens by filling out the bounty request form. Tokens were distributed among claimants on weekly intervals, and we have completed the distribution on the 8th Week, in which we sent out the remainder of bounty tokens to participants and with that the Campaign is now officially finished.

Thank you all who participated in this campaign and contributed on the development of the project. ETHLend will continue to release improved versions of our decentralized application, we would like you to join future bounties, in the form of Bug Bounty.

If any participant was denied tokens from their claims they can contact Ville, from ETHLend Team on Telegram (username @vvville) and we will go through their case. Participants have to contact us before 10th of April if they’ve had any problems as after that the option will be closed as we are all hands-on the release of the latest version of the decentralized application Alpha 0.3 (Kogia) and also preparing the First Round of Rewards for Borrowers and Lenders.

ETHLend Expands to FIAT Lending: Licensing Process Has Initiated

https://cdn-images-1.medium.com/max/800/1*ZqWjhNI-gRIY1vFukKV99Q.png

Crypto-to-crypto lending platform ETHLend starts licensing process to obtain a license on lending activities in over 30 European Economic Area (EEA) countries and in various other countries within. Part of the licensing procedure, ETHLend will broaden its current business model (crypto-to-crypto lending) to provide finance in form of FIAT currencies such as EUR, USD and GBP against cryptocurrency holdings.
https://blog.ethlend.io/ethlend-expands-to-fiat-lending-licensing-process-has-initiated-17f4e39c999

https://cdn-images-1.medium.com/max/600/1*z9UW1HOpW84wwo8wchMOEQ.jpeg

https://cdn-images-1.medium.com/max/1000/1*63lpx6mKRPckN8pNquw4Jw.jpeg

Sharing Knowledge | On April 12, our Blockchain Architect, Jitendra Chittoda was invited to give a session on “Introduction to Ethereum & Solidity” during Blockchain Delhi Conference . Jitendra was excited to share knowledge with blockchain enthusiasts and thrilled to meet with ETHLend supporters from the local area.

Blockchain Delhi Conference brought together the experts in the field of cryptocurrency and blockchain technology. Top industry professionals and specialists joined to interact with attendees and present their thoughts and knowledge on the concepts of the latest buzzword, Blockchain.

Developers community from Delhi and nearby areas participated in the conference and were enthusiastic of learning about this technology and decentralized applications. Participants were ranging from students to experienced professionals.

https://blog.ethlend.io/our-blockchan-architect-teaches-about-ethereum-solidity-during-blockchain-delhi-aa4500eea47e

If the value of the collateral drops below 100% of the amount funded, you are able to claim the collateral manually.
Does this mean from the moment of funding or from the moment of loan request?
For example:
My loan request was when price was 0.09 and someone funded when price was 0.04.
He can take collateral anytime?

no offense, but will ETH Lend end like Bitconnect?
since the Bitconnect case that suddenly shut down its service, I increasingly become unconvinced with platforms with lending services   :( :( :(

ETHLend gets ready to present at Blockchain Summit Latam 2018

https://cdn-images-1.medium.com/max/1600/1*XM_ivRhuVrUB1Xq_hArQNg.png

On May 8–9th the ETHLend team has been invited as a key speaker during Blockchain Summit Latam, a conference that seeks to bring the use of Blockchain technology closer to people, explaining the origin, adoption and potential for Latin America.

Nolvia Serrano, chief marketing officer, will represent the ETHLend team and participate during this conference that seeks to unite both developers and startups as well as companies and organizations with the technology that is revolutionizing processes and registrations worldwide, Blockchain.

https://blog.ethlend.io/ethlend-gets-ready-to-present-at-blockchain-summit-latam-2018-c16e70418767

Breaking News: Kogia 0.3 Alpha Released on Mainnet — 1 000 000 LEND in Rewards
https://blog.ethlend.io/breaking-news-kogia-0-3-alpha-released-on-mainnet-1-000-000-lend-in-rewards-c9c8588c998b

The most anticipated moment in the history of ETHLend has come true today. The ETHLend team is proud to announce that our 0.3 Alpha Kogia application is released today on the main Ethereum network!

ETHLend is a decentralised application, that allows the use of digital assets as collateral to receive other digital assets in a safe and secure manner with the use of Smart Contract technology. The first launch attracted an astonishing 15,000 ETH in lending volume within just a few months from the release.

The ETHLend team has been working hard over the past months to release the most feature rich decentralised lending application to date. The release will not merely open a new page for ETHLend, it writes a completely new story on decentralised applications and cryptocurrency lending.

The Kogia release introduces a completely new usage flow, whereas lenders and borrowers are both able to place loan requests or loan offers to each other in a classical peer-to-peer and open market fashion.

https://cdn-images-1.medium.com/max/1600/1*LMIOWXeNOElwZURbSj9j5w.png

I'm looking for a piece of mind about ETHLend as prospective investment. I did my due diligence, they have a working product, it's fairly easy to use, p2p, decentralised. I used it before to unlock the liquidity of my ethos. I do find it interesting but the marketing is dogshit, which is a big minus for me.

New York Blockchain Week — Highlights From The ETHLend Team

https://cdn-images-1.medium.com/max/2000/1*u2lzOYxfAZJEk66XHqtnHw.jpeg

The financial capital of the world witnessed how worldwide investors, financial institutions, enterprise tech leaders, leading industry startups and, academic groups who are building the foundations of the blockchain and digital currency economy met to attend “Blockchain Week New York City” a series of blockchain events from May 11–17.

The ETHLend team traveled from different parts of the world to attend one of the largest and must-attend gathering of everyone involved in the rapidly growing ecosystem. The team was represented by our founder and CEO, Stani Kulechov; COO, Jordan Lazaro-Gustave; Business Developer, Martin Wichmann; our Blockchain Architect, Jitendra Chittoda and CMO, Nolvia Serrano.

Blockchain Week was launched by the media and research company CoinDesk in partnership with the New York City Economic Development Corporation in an effort to showcase the city as an up-and-coming center for blockchain companies. The main event was Consensus 2018, which drew over 8,500 attendees, an all-time record, taking the bitcoin conference to a whole new level.

During the week one of the most interesting remarks was meeting in person with famous vloggers who had spoken publicly about ETHLend such as Crypt0, Crypto Beadles and Suppoman.

As it can be seen in the pictures, the team was proudly wearing the ETHLend swag, and we were so overwhelmed of the awareness of our decentralized application. People would stop us while we were passing by or reach out to us as we were standing to say they had invested in our ICO and loved the project, to catch up with the latest developments or looking for partnership opportunities. It was satisfying for the whole team to get such recognition during a large scale event and achieving all of this with a minimal marketing budget as we were focused on developing the best product.
https://blog.ethlend.io/new-york-blockchain-week-highlights-from-the-ethlend-team-cd514a739d6a

I am looking forward to this project kicking off n the near future, the borrower might buy a house in the UK, place the house on ERC-20 compatible token to represent the value of the house and pledge the token for a loan on ETHLend. Instead of settling for local lenders, the borrower can access funders across the world, adding more competition on interest rates. Tokenization could be used similarly to fund a solar power plant, buildings, tuitions or even a purchase of a dog.

ETHLend Community Vote on Collateral Tokens Round II & Ambassador Update
https://blog.ethlend.io/ethlend-community-vote-on-collateral-tokens-round-ii-ambassador-update-274659db67b5

Are you Looking to unlock liquidity from your favorite token and it hasn’t been listed on the ETHLend platform yet? This is your shot. We are thrilled to introduce the second round of “Community Vote on Collateral Token” in which our community will get to choose the new tokens that will be included on the Collateral Token listings of ETHLend.
Now that Kogia Alpha 0.3 is live on Mainnet we want to celebrate by adding new tokens, and what better way to do this than letting our community decide.

https://cdn-images-1.medium.com/max/1600/1*m0S9bAQJB-UTtyQZExIfkw.png

ETHLend Shares Marketing Plan, Announces Partnership with Clarity PR
ETHLend has chosen to partner with Clarity PR, a global agency that specializes in working with tech companies in emerging markets. Clarity’s deep knowledge of how crypto and blockchain technologies are impacting businesses across a number of verticals, in addition to banking and finance, provides ETHlend expert counsel that will strongly benefit our effort to raise awareness for the company.
https://blog.ethlend.io/ethlend-shares-marketing-plan-announces-partnership-with-clarity-pr-d90d57075ad0

ETHLend allows cryptocurrency investors to HODL while spending or investing. Our digital asset-backed lending platform offers the possibility to unlock liquidity from your portfolio by pledging your tokens for a loan.
https://blog.ethlend.io/join-ethlend-hodl-challenge-c03a03cc110b
https://cdn-images-1.medium.com/max/800/1*6rERpV9UGTHIMTmJALw6Uw@2x.png

In this article ETHLend shares what the development team is currently working on and updates on one of the most anticipated milestones — Bitcoin Lending — along with the redesign and implementation of the Smart Contract Architecture to reduce the gas cost and the creation of a native wallet. https://blog.ethlend.io/development-update-introducing-new-smart-contracts-architecture-in-app-wallet-and-bitcoin-e42b57d247f3

EthLend is a crypto-to-crypto platform, i believe as tokenization of real assets becomes more prevalent in future, EthLend has a good chance to become a market leader in this space. Combine that with the low market cap, i believe EthLend is a good long-term holding if the team can execute well.