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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] WishFinance - Blockchain lending platform on: October 16, 2017, 09:39:13 PM
what is the mechanism of compensation of losses from non-payers that provided insurance mutual obligations?

We have an insurance fund to cover us in the event of borrower went bankrupt.


what will be used as collateral on your lending platform?

there have bein several other similar projects that have failed due to not having a way to cover this?

how will you approach this differently to others?

thank in advance

No, we are not using at collateral, but our borrowers are merchants who are connected to POS, and we are connected to the same POS so it is difficult for them not to pay and we deduct 3-5% of every sale they do until our loan is repaid. Together with a neural network powered scoring and the insurance fund to cover us in case of borrower bankruptcy WishFinance has the lowest risk possible in the lending business.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] WishFinance - Blockchain lending platform on: October 10, 2017, 10:21:50 AM
Interesting, but at the same time the presentation looks generic so i don't know if it's a trustable project...

Please, find updated presentation here https://wishfinance.com/WishFinanceOverview.pdf

It should be easier to read and gives a better view of the global problem we are solving and how we are doing it.

Anyway, your questions are welcome )
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] WishFinance - Blockchain lending platform on: October 09, 2017, 03:09:50 PM
Interesting, but at the same time the presentation looks generic so i don't know if it's a trustable project...

Hi, expert4knowledge! I'm Eugene Green, CEO of Wish Finance. Thank you for the comment. We've heard several times our current presentation is hard to read and looks generic, so we made a new one I'm currently using to present Wish Finance publicly. It will be available on our website in 1-2 days, and we will post the link here. Stay tuned!
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