Six days until pre-ICO launch!
Today the Gelios team will be hosting a Youtube live stream. Get your questions answered by our executive board!
https://www.youtube.com/watch?v=o9ENPPENzXs

Да ну, мне кажется это бред. А может не бред.. не знаю. Как только не додумаются выманить эти битки. Глупые люди.

Hello!
The platform will be developed after successful ico. Now you can test prototype on mvp.gelios.io

Ur personal data wont be stored in blockchain. Actually any blockchain does not store any personal data. Only history of transaction and all related to transaction info

It is completly unique project because it relies on blockchain. It will provide immutability and transperancy.

Maybe You're right, then banks will be their main customers

The company does not plan to a buyback

The tokens will start trading on exchanges during 1 month after the end of ICO.

Are the loans secured by crypto-collaterals (e.g. i'm borrowing BTC using ETH as a collateral)?

Gelios is specializing on non-collateral loans. It’s not said straight in WP (but there will be big release very soon), but all the expertise of Brainysoft, functionality of using Hyperledger-Fabric-based blockchain as decentralized credit bureau and developing platform for collectors also say about it. If you use collateral in crypto, the smart-contract just gets it, you don’t need collectors


 If not: lenders will not be incentivized to lend to anyone.

Lenders are encouraged to lend by economical principles, as annual return for lender may vary from 15 to 100% annualy, if to speak (for example) about risk-algorithms that will be focused on India or Africa. Check collateral loans rates - they are much lower.

 If yes: that's like going margin long on a coin while using another as a collateral, why whould i use this platform if i can do that more easily on almost any exchange?

Nothing relates Gelios with margin lending on exchanges, the purpose of the exchanges and lending platforms are different in its basics. In case of exchanges trader forced to close position due to margin call or take-profit, the purpose of the loan is trading only. On Gelios borrower is not a trader (mainly), the purpose of the loan is different from trading in 99% and the term (timing) of the loan is gathered during the process of requesting of the loan.

Seems strange to me that a project that presents itself as "P2P crypto lending" does not answer those questions straight away.

As you may saw, the documents of the platform are just forming to its ideal state, never heard Facebook or Amazon being perfect from the very start, just to mention. All the way thank you for your feedback.

The concept of borrowing and lending is always a welcome development. I'm not in anyway trying to be a pessimist but I simply do not feel it can work in cryptocurrency as the very idea of revealing identities to secure or facilitate loans defeats the idea of anonymity in the crypto universe.