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

[whitewhidow]

I wonder how big is total bounty award for such long campaigns? How many percents?

As usual - 2%. It's not a percentage, but the number of participants at which these percentages are divided.

3% of all Loanbit's tokens are available for these campaigns. This amount may vary to as it depends on how many tokens loan bit may sell out.

Usually, hunters do not charge more than 3% of generosity. All the same tokens should be for the investors, not for the hunters, so that the price of the coin does not fall.

[1714668106]

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[1714668106]

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[nafantc]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

[whitewhidow]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

I would like to add that the more creed platforms and projects, the greater the competition between them, which increases the quality of the services provided.

[frcat]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

[nafantc]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

If you look specifically at this project, then everything is fine. Team of professionals with experience, adhere to the road map. I think it's worth risking and investing 20-30% of the total bank, but I would not risk any more.

[whitewhidow]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

Of course, ISO should be selected with all responsibility. The niche of credit platforms is pretty provocative and at the moment the competition is not big, you can still get into it.

[BaalMcKloud]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

It seems to me the opposite is good. This shows the high demand for this type of platform. You just need to choose a good project and earn with it.

[NewDeal]

I would like to add that the more creed platforms and projects, the greater the competition between them, which increases the quality of the services provided.

And a lot of competition reduces the interest rate.

[th4o]

How is your bounty campaign us going on? How long will it last?

Due to changes in the timing of the ICO, this information is waiting to be clarified.

So its stll open for participating?

You can clarify this question in the bounty thread, I think yes, the campaign is active.

[tilecuwi]

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

Why no good? You can diversify your investments in a sought-after direction.

[LightFork]

Usually, hunters do not charge more than 3% of generosity. All the same tokens should be for the investors, not for the hunters, so that the price of the coin does not fall.

Bounty hunters are also investors. They invest their time in advertising the project.

[nafantc]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

If we argue so, that such projects are not done just for nothing, then this niche brings a good income and is in demand.

[whitewhidow]

I would like to add that the more creed platforms and projects, the greater the competition between them, which increases the quality of the services provided.

And a lot of competition reduces the interest rate.

Yes, competition usually lowers the company's revenues. Credit platforms, it is generally very difficult, it will be difficult for ordinary mortals to understand and calculate their benefits. One thing I can say for sure, if these projects continue to open, it is profitable to engage in lending.

[Pay4youractivity]

Yes, competition usually lowers the company's revenues. Credit platforms, it is generally very difficult, it will be difficult for ordinary mortals to understand and calculate their benefits. One thing I can say for sure, if these projects continue to open, it is profitable to engage in lending.

This sphere is still only at the beginning of development. In an offline tens of thousands of banks and they have enough market to have money. There will also be a huge number of platforms, as there are a huge number of customers.

[Whitethoughts]

I would like to add that the more creed platforms and projects, the greater the competition between them, which increases the quality of the services provided.

And a lot of competition reduces the interest rate.

This is an excellent situation for borrowers, but not very good for lenders. At the moment, this market is not yet saturated, so the earnings for both sides are significant.

[Holopopstyir]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

But the market is always growing, a small number of platforms can not support its effective growth. Investors should monitor the market and observe promising projects.

[whitewhidow]

Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?

Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.

Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.

But the market is always growing, a small number of platforms can not support its effective growth. Investors should monitor the market and observe promising projects.

Unquestionably, investment in any project is primarily a risk. No one will give you a 100 percent guarantee that you can earn money on this. That would not go into minus, you need to analyze each project, before investing.

[nafantc]

Yes, competition usually lowers the company's revenues. Credit platforms, it is generally very difficult, it will be difficult for ordinary mortals to understand and calculate their benefits. One thing I can say for sure, if these projects continue to open, it is profitable to engage in lending.

This sphere is still only at the beginning of development. In an offline tens of thousands of banks and they have enough market to have money. There will also be a huge number of platforms, as there are a huge number of customers.

I think that in the future the number of borrowers (customers) will only grow. After all, it is very convenient, now many live on credit.

[komawei]

Yes, competition usually lowers the company's revenues. Credit platforms, it is generally very difficult, it will be difficult for ordinary mortals to understand and calculate their benefits. One thing I can say for sure, if these projects continue to open, it is profitable to engage in lending.

This sphere is still only at the beginning of development. In an offline tens of thousands of banks and they have enough market to have money. There will also be a huge number of platforms, as there are a huge number of customers.

I think that in the future the number of borrowers (customers) will only grow. After all, it is very convenient, now many live on credit.

Good competition is a way to promote the continuous progress of the platform, although there will be some difficulties and obstacles, but it is necessary to cross the past.

[NewDeal]

By the way, why are you guys talking about loans without collateral? Is that an option on the platform? I thought it's with collateral only?

This platform is innovative - it involves the issuance of loans without collateral. It is for this that we need full verification of the borrower.