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Author Topic: FinWhaleX: Peer-to-Peer Lending on the New level  (Read 1223 times)
omone1
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August 09, 2019, 10:31:32 AM
Last edit: August 10, 2019, 04:41:47 PM by omone1
 #21

I am still wondering how this will perfectly work out without running into any issues, because of high rate of crypto volatility. Again I did some Russian founded project bounty, and never get paid. Excuses are just too many. I have less faith in this project.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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lisovoy28
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August 09, 2019, 11:38:17 AM
 #22

As I understand the more attention will be payed for loans with collateral and loans with collateral will have more advantages because they will be more secure.

For P2P platform it will be very important that in will be a lot of users of the platform. If it will be a lot of creditors borrowers will have a choice for loans.
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August 09, 2019, 12:13:29 PM
 #23

Also will be checked all the information about borrow that is published in social network of the borrower and will be analize the social network of the borrower.

It is necessary to carefully check everything because very often to get a lot borrowers use the fake data and fake social networks.
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August 10, 2019, 07:24:37 AM
 #24

The main aim of every Whitepapar is to help project to collect money during IEO and to make IEO successful. That is why in Whitepapers is a subjective information that shows the advantages of the project but not weak sides of the project.
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August 10, 2019, 08:19:46 AM
 #25

I think that the best conditions for the loans will be provided for the loans with collateral. That is why to have a good conditions borrower must have a collateral.

It is very good that for the collateral cryptocurrency can be used. Borrowers will have more opportunities. But not all borrowers have a collateral.
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August 10, 2019, 10:08:19 AM
 #26

A lot of depends from the sum of the loans. I think that for the loans on big sum of money it is necessary to have collateral because there are a lot of fake documentation.

On the FinWhaleX P2P lending platform it will be a lot of creditors, and creditors will set the conditions of loans.
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August 10, 2019, 11:01:17 AM
 #27

If conditions of loans will be more suitable for borrowers they will take the loans very active. Creditor is interested that borrower would take a credit.
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August 10, 2019, 11:56:14 AM
 #28

Also will be checked all the information about borrow that is published in social network of the borrower and will be analize the social network of the borrower.

It is necessary to carefully check everything because very often to get a lot borrowers use the fake data and fake social networks.

There are a lot of fake information everywhere - in social networks, in internet. That is why it is necessary to carefully check all the information about borrower.
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August 10, 2019, 12:49:34 PM
 #29

As I understand the more attention will be payed for loans with collateral and loans with collateral will have more advantages because they will be more secure.

For P2P platform it will be very important that in will be a lot of users of the platform. If it will be a lot of creditors borrowers will have a choice for loans.

It is very important for every crypto startups to have a lot of users and a developed ecosystem around the project.
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August 10, 2019, 01:45:32 PM
 #30

I ma still wondering how this will perfectly work out without running into any issues, because of high rate of crypto volatility. Again I did some Russian founded project bounty, and never get paid. Excuses are just too many. I have less faith in this project.

The idea of the lending platform is very good and useful for people. But the most important thing for crypto startups is not only the idea is the realization of idea.
alex201502
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August 11, 2019, 11:11:26 AM
 #31

Rating system on the lending platform must be clear, fair and transparent. Only in such cases people would trust the platform.
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August 11, 2019, 11:11:54 AM
 #32

How many credit projects have been and none worked, does not work and will not work.
To the same I have read that this scam: https://bitcointalk.org/index.php?topic=5172358.0
friends1980
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August 11, 2019, 12:40:19 PM
 #33

THIS PROJECT IS A SPAM THREAD, WITH PENDING SCAM ACCUSATIONS. BE WARNED.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
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