[ANN][PRE-ICO] LoanBit - P2P lending & investment

[Holopopstyir]

I do not really understand how to ensure a guarantee of debt repayment without using collateral.

Usually these are some kinds of legal guarantees like receipts or bills.

[BaalMcKloud]

The best advertising, it's a working product and profitable conditions. I hope developers will please us with this.

I agree with you. And the team's strategy to make a product and then conduct a campaign for its advertising, I really like.

Soon we will see whether this strategy will justify itself.

[NewDeal]

I do not really understand how to ensure a guarantee of debt repayment without using collateral.

Apparently, the return guarantees will be something like a rating on this platform. Although how to get it right at the beginning without taking risks I do not know. Maybe the developers will clarify this issue.

[th4o]

The risk is in any business. No need to exaggerate the problems, they are solvable.

Of course, when it comes to business or finance, there are always risks, only need to control it.

I think developers understand this and take measures in advance that reduce the risk to a minimum.

[ClickAuto]

The best advertising, it's a working product and profitable conditions. I hope developers will please us with this.

I agree with you. And the team's strategy to make a product and then conduct a campaign for its advertising, I really like.

Soon we will see whether this strategy will justify itself.

I think it will justify herself. Investors trust the projects with the finished product.

[tilecuwi]

In this company, a pledge is not required, so there are risks without a loan repayment. However, this mechanism is more interesting than companies that require collateral.

An interesting approach. How does the team expect to protect themselves from non-repayment of the loan?

For sure it will be necessary to deposit a deposit, or some other way, like in a pawnshop. I'm more interested in the interest rate on loans and terms.

Current interest rates will be fixed at the time of platform release.

[RobertStan]

The best advertising, it's a working product and profitable conditions. I hope developers will please us with this.

I agree with you. And the team's strategy to make a product and then conduct a campaign for its advertising, I really like.

Soon we will see whether this strategy will justify itself.

I think LoanBit strategy is more profitable than other companies are suggesting. We need to wait for the first annual financial report.

[kapa6ac]

The best advertising, it's a working product and profitable conditions. I hope developers will please us with this.

I agree with you. And the team's strategy to make a product and then conduct a campaign for its advertising, I really like.

Soon we will see whether this strategy will justify itself.

I think LoanBit strategy is more profitable than other companies are suggesting. We need to wait for the first annual financial report.

What is the competitors of the LoanBit?

[turkiman]

for projects with coin sales is done with 2 phases of presale and ICO will be easy to reach coin sale target, and also in terms of promotion done by bounty campaign, in signature campaign I see fund allocation reach 40% from bounty fund, that is very interesting

[PinoyD]

for projects with coin sales is done with 2 phases of presale and ICO will be easy to reach coin sale target, and also in terms of promotion done by bounty campaign, in signature campaign I see fund allocation reach 40% from bounty fund, that is very interesting

And what does it mean? Bounty campaign is very important for any project nowadays. Or you want to decrease the bounty fund?

[but3rin]

LoanBit is going to provide p2p lending and investment platform with what operating systems? Is Android app developing  going on?

[iDrago]

LoanBit is going to provide p2p lending and investment platform with what operating systems? Is Android app developing  going on?

According to the LoanBit roadmap launch the platform in full mode is planned to the second quater of the 2018 year. So android app seems to be developing now.

[kapa6ac]

Loanbit, the blockchain platform for P2P lending, makes it possible to simplify the receipt and the delivery of loans in a substantial way as well as to increase the credit coverage of the world population.

[KitMan]

What is the maximum amount planed to be collected during the ICO?

[Genzel]

And it's very interestin what is Soft cap and Hard cap of the project? Didn't find any info in White Paper

[Feetshot]

What's the plan for LoanBit until will it facilitate first loans among people? Every time I read the word loan in the title I must always think of Bitconnect and all the negative consequences it had for investors and the whole market. It's a dangerous business for all parties involved.

So far, I like everything in this project. I can not understand just one thing, how the platform will get customers to return loans, and even with interest.

Yes, this is the main question over which the team should work. Solving the issue of security, they will be ahead of all competitors.

[Tane]

Hi! Devs, what kind of programming language do you plan to use? Is there some code of this project already exist?

I do not think that any financial project will spread its code because of security concerns. And is it important? Investors are only interested in the profit and relevance of the platform.

I partially agree with you, the safety of the facilities and the security of the platform with which all actions will be performed are also important for customers.

[RobertStan]

Hi! Devs, what kind of programming language do you plan to use? Is there some code of this project already exist?

I do not think that any financial project will spread its code because of security concerns. And is it important? Investors are only interested in the profit and relevance of the platform.

I partially agree with you, the safety of the facilities and the security of the platform with which all actions will be performed are also important for customers.

And what you can get from that code? Just for evidence of developing?

[iDrago]

Hi! Devs, what kind of programming language do you plan to use? Is there some code of this project already exist?

I do not think that any financial project will spread its code because of security concerns. And is it important? Investors are only interested in the profit and relevance of the platform.

I partially agree with you, the safety of the facilities and the security of the platform with which all actions will be performed are also important for customers.

But devs can tell us about some details of the project, not the full code if it's so secured.

[Grol_od]

What is the maximum amount planed to be collected during the ICO?

Hi. Hard cap is $20m. Soft cap is $1m.