[ANN][MDN] Meridian Ⓜ️ | DIGITAL COLLATERAL | Bitcoin Loans Platform (MLP)

[veranika55]

Information about site
   Domain Name: MYMDN.IO
Registry Domain ID: D503300000040430263-LRMS
Registrar WHOIS Server:
Registrar URL: http://www.godaddy.com
Updated Date: 2017-09-02T14:04:42Z
Creation Date: 2016-12-12T10:47:49Z

[antagonist]

I havent seen this idea here before. Interesting project for me, i think both sides borrowers and regular user gain something. I will watch

[Alohaboy?!]

Information about site
   Domain Name: MYMDN.IO
Registry Domain ID: D503300000040430263-LRMS
Registrar WHOIS Server:
Registrar URL: http://www.godaddy.com
Updated Date: 2017-09-02T14:04:42Z
Creation Date: 2016-12-12T10:47:49Z

I do not really get what you are trying to say....

Anyway, I really like the idea behind the project. Glad to see something new. Joined the campaign to spend awareness !

[MeridianMDN]

Anyway, I really like the idea behind the project. Glad to see something new. Joined the campaign to spend awareness !

Hello there! We're glad that you have taken an interest in the Meridian project, and appreciate you joining our signature campaign.

I havent seen this idea here before. Interesting project for me, i think both sides borrowers and regular user gain something. I will watch

That's awesome. Glad to have you on board.

You have hit the nail on the head. The overall purpose behind the Meridian project is to establish an asset that has a specific use case aside from just price speculation alone.

Most of the digital assets that are available today aren't part of an environment that breeds natural price cycles.

By attaching a service to a digital asset - in this case: Bitcoin Loans - the service becomes the main reason for users to become regular holders the asset, which in turn allows a more natural price cycle to form.

So as you said, not only do borrowers stand to benefit from receiving loans... but those who aren't seeking loans are able to draw benefit due to the cycles described above.

Stay tuned, as we will be releasing a demonstration of our loans platform in the coming weeks.

Hope to see you around!

[Alohaboy?!]

Anyway, I really like the idea behind the project. Glad to see something new. Joined the campaign to spend awareness !

Hello there! We're glad that you have taken an interest in the Meridian project, and appreciate you joining our signature campaign.

I havent seen this idea here before. Interesting project for me, i think both sides borrowers and regular user gain something. I will watch

That's awesome. Glad to have you on board.

You have hit the nail on the head. The overall purpose behind the Meridian project is to establish an asset that has a specific use case aside from just price speculation alone.

Most of the digital assets that are available today aren't part of an environment that breeds natural price cycles.

By attaching a service to a digital asset - in this case: Bitcoin Loans - the service becomes the main reason for users to become regular holders the asset, which in turn allows a more natural price cycle to form.

So as you said, not only do borrowers stand to benefit from receiving loans... but those who aren't seeking loans are able to draw benefit due to the cycles described above.

Stay tuned, as we will be releasing a demonstration of our loans platform in the coming weeks.

Hope to see you around!

I think One key to success is to make it as easy as possible. So i really like your idea because the regular User isn't a tech experienced User. I think One good example is apple and the iPhone. If it will be intuitive and easy to use. It can be a really huge succes! Great to be a Part !

[The Enoeht]

It's a good ICO but way overpriced.
 5000 MDN = 1BTC?! Even with 20% bonus, it's too much imo.

Ok, let's look at it this way.

Week one bonus, is 20%, so 1BTC is 6000 MDN.

If we assume around 12th of October 1BTC is 4500$, than 4500/6000 = 0.75$ per MDN, I guess 75 cents is new 50 cents?

Let's say circulating supply ends up being 75 million, it is risky imo.

I think it's a good idea, but they got greedy, so I have to look elsewhere.

Good luck to the team. 

[antagonist]

That's awesome. Glad to have you on board.

You have hit the nail on the head. The overall purpose behind the Meridian project is to establish an asset that has a specific use case aside from just price speculation alone.

Most of the digital assets that are available today aren't part of an environment that breeds natural price cycles.

By attaching a service to a digital asset - in this case: Bitcoin Loans - the service becomes the main reason for users to become regular holders the asset, which in turn allows a more natural price cycle to form.

So as you said, not only do borrowers stand to benefit from receiving loans... but those who aren't seeking loans are able to draw benefit due to the cycles described above.

Stay tuned, as we will be releasing a demonstration of our loans platform in the coming weeks.

Hope to see you around!

Thank you for respond to me i want to ask also if any bounty available?

[dannyyppace]

The magnificent image of MERIDIAN cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.

[Alohaboy?!]

It's a good ICO but way overpriced.
 5000 MDN = 1BTC?! Even with 20% bonus, it's too much imo.

Ok, let's look at it this way.

Week one bonus, is 20%, so 1BTC is 6000 MDN.

If we assume around 12th of October 1BTC is 4500$, than 4500/6000 = 0.75$ per MDN, I guess 75 cents is new 50 cents?

Let's say circulating supply ends up being 75 million, it is risky imo.

I think it's a good idea, but they got greedy, so I have to look elsewhere.

Good luck to the team. 

well it all depends on the total amount of coins. I don´t think it´s too much considering the use !

[Raizou]

This project is interesting! But I do have some doubts, for example, how many BTC do you have for to lend people enough if the number of people they are imagining is higher? Also, what will the evaluation process be like to allow loans? How are you dealing with the possibility of fraud? Working with loans requires a lot of seriousness and honesty! The project will continue if ICO fails, right?

[MeridianMDN]

This project is interesting! But I do have some doubts, for example, how many BTC do you have for to lend people enough if the number of people they are imagining is higher? Also, what will the evaluation process be like to allow loans? How are you dealing with the possibility of fraud? Working with loans requires a lot of seriousness and honesty! The project will continue if ICO fails, right?

Hey there,

Thanks. We're super excited that you've taken an interest into the Meridian Project.

You are invited to read our whitepaper which you can find here: https://goo.gl/jqE7Me

We have also taken steps to explain the Digital Collateral for loans procedure in this 2 minute video: https://goo.gl/6cejQ9

Please feel free to drop back in here from time to time, as we will be releasing a demonstration of our loans platform shortly.

[Adebisi]

Nice projet, do you have a Telegram ?

[chakhigh]

What I like in this project is its simplicity and high effectiveness!
People are after better solution than their traditional loans.. When the procedure could be annoying, the digital/crypto aspect will make it much better for many people.

[capcaypro]

no pre-sale before main ico ? 
and how much your soft-cap for ICO goal ? in order for this project to continue for the future

[lenyro]

What is your soft and hard cap, could you introduce more details about the team members? Thanks

[MeridianMDN]

@chakhigh

Thanks! Yes, that's the ideology behind the project. We really want to avoid confusing people with unnecessary layers of technical jargon.

Whilst many people in the digital asset sphere are highly technical and in-tune with software development - we have chosen not to alienate those who aren't entirely savvy when it comes to the technical elements of digital assets.

With this being said, we are well aware of the fact that digital assets have the ability to be used to eliminate several non-necessary processes that average, everyday people conduct on a daily basis.

In the case of Meridian, we are tackling the distribution of Bitcoin loans and the tracking of these loans - handled by the Meridian Blockchain which will be used as the main verfication mechanism.

Adding to the above, we are also deploying a layer of security for all Bitcoin Loans served on our platform: Digital collateral.

Simply, when a user requests a Bitcoin Loan - there will be a requirement for this user to supply a specified amount of Meridian Tokens which will be held as security for his/her loan.

Upon successful repayment, the collateral is released - and the user is rewarded with a boost in CreditRank, which will ultimately provide him with broader access to loans in the future.

Should a user fail to complete their repayments, the collateral is absorbed into the Meridian Reserve - and ultimately released into the market to recover losses.

In the situation described above, a greater amount than was initially lent may be recovered due to value appreciation of Meridian - however the opposite of this can also occur.

So there is still an element of risk for lenders, but through this use of Digital Collateral - risk is drastically reduced, especially when compared to the current group of online P2P Lending services that aren't distributing secured micro loans.

Essentially - we want to provide a reason other than price speculation that will cause regular, every day users of digital assets to become habitual users of MDN Tokens.

We're confident that this will be achieved via creating this strong link between Meridian and our Bitcoin Loans service.

Demo: Check out the MLP Demonstration

@capcaypro

Hey there! We're excited that Meridian has caught your interest, and glad to have you here.

No Pre-Sale.

The ICO Begins 16 Days from today, on October 12 with a hard cap of $15 Million

@lenyro

Hey! Glad that you have taken an interest in Meridian.

As mentioned above the Meridian ICO Starts on October 12th, with a hard cap of $15 Million

We will be releasing a team video shortly, from Meridian HQ in which we will dive into the ideas behind the project, the benefits of Digital Collateral in general - and how all of this ties in to the launch and long-term maintenance of a successful digital asset.

So please be sure to bookmark this thread and drop back in here regularly, as the video will be released shortly.

We look forward to seeing you around

[prashanta]

The Meridian project looking so execute and professional but i have confusing about a matter which was your bounty project reserved one million but your distribution amount of the all bounty pool is 1.5 million. how is possible...? please let me clear about this issue.

[Alohaboy?!]

Demo: Check out the MLP Demonstration

Just checked out the demo and really like it. Nice guide section too!

Did you consider forecasting the project on wings to spread awareness? I think the project would be a good fit 

[MeridianMDN]

@prashanta

Hello there, thanks for taking an interest in Meridian!

You can read about our supply distribution here: medium.com/@MeridianMDN/Supply-Distribution

There is a total of 20M tokens earmarked for rewards and bounties, which is 16% of Meridians' overall supply.

Our current bounty campaign, found here is our 'initial' Bounty campaign - there will be several more going forward.

You are also invited to check out our whitepaper here: https://goo.gl/jqE7Me for greater insight into the Meridian Project.

Also, please don't forget to set your bookmarks for this thread - and be sure to drop in here from time to time - as we will be releasing a string of important updates and releases shortly.

We look forward to seeing you around

[Marenos]

Its a token, wich wallets can be used? What is the total tokenamount and what will be the Initial value of one of them?