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

[BaalMcKloud]

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.

Maybe I'm wrong but I have not heard of other similar platforms on the market.

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[th4o]

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.

Given the overall growth of the crypto market and its participants, the number of people willing to take credit will certainly grow.

[tilecuwi]

I see that investors and borrowers will meet, under what circumstances? Does this mean that LoanBit will complete some conversations in the office?

I think the meeting in the office is at least not logical. Where did you find this information I thought that all the accomplishments would occur through the platform of the project.

Such information was nowhere to be found, I think this is absolutely not necessary. Often, small amounts will be issued.

Is a rating system for borrowers possible? That is, at first the borrower can take a very small loan, after his repayment, he gets a rating and he has access to an even larger amount.

 

A rating system is only possible on a global scale if you have a perfectly working digital identity system, unless you really want to operate with KYC procedures on a global scale. And even then for some it might be worth to scam the system once just to make a quick buck.

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?

To work with this platform, all participants will have to undergo the KYC procedure. As it will not be made a pledge when a loan.

[Holopopstyir]

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.

Compensation for losses in the event of non-repayment of credit is also a very innovative option.

[LightFork]

A rating system is only possible on a global scale if you have a perfectly working digital identity system, unless you really want to operate with KYC procedures on a global scale. And even then for some it might be worth to scam the system once just to make a quick buck.

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?

After passing through the KYC procedure, you will be interested in fulfilling the terms of the contract, otherwise you can be sued.

[Pay4youractivity]

A rating system is only possible on a global scale if you have a perfectly working digital identity system, unless you really want to operate with KYC procedures on a global scale. And even then for some it might be worth to scam the system once just to make a quick buck.

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?

After passing through the KYC procedure, you will be interested in fulfilling the terms of the contract, otherwise you can be sued.

Any normal person will avoid litigation even if there are suggestions that they will pass successfully for him.

[Whitethoughts]

Any normal person will avoid litigation even if there are suggestions that they will pass successfully for him.

That's why the concept looks justified. And brave at the same time. Perhaps this model will be a breakthrough in the credit market.

[th4o]

That would mean it would be very similar to the verification process of banks? Like asking for documents about income situation and so on?

Of course. Now many platforms, even those that require bail, force users to undergo similar verification.

[BaalMcKloud]

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.

That would mean it would be very similar to the verification process of banks? Like asking for documents about income situation and so on?

I think only verification of the person will be required. Taxes, the origin of money, etc. will not disturb the platform.

[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.

Compensation for losses in the event of non-repayment of credit is also a very innovative option.

This allows us to assume that the platform will be highly interested in the selection of responsible borrowers.

[tilecuwi]

Any normal person will avoid litigation even if there are suggestions that they will pass successfully for him.

That's why the concept looks justified. And brave at the same time. Perhaps this model will be a breakthrough in the credit market.

It turns out that the project wants to take the advantages of a traditional credit system and the advantages of a crypto currency system.

[Grol_od]

They write about us.

LoanBit is on cryptocoin.news now.
https://cryptocoin.news/icos/loanbit-ico-review-p2p-lending-and-investment-platform-on-the-blockchain-9695/

[LightFork]

They write about us.

LoanBit is on cryptocoin.news now.
https://cryptocoin.news/icos/loanbit-ico-review-p2p-lending-and-investment-platform-on-the-blockchain-9695/

    Token name – LoanBit token (LBT)
    Total numbers of tokens issued – 28m
    Token worth – 1 LBT = $1
    Pre-sale start date – October 2017
    ICO start date – April 2018
    Soft cap – $500,000
    Hard cap – $20,000,000

As I understand it, the date will be updated soon?

[Scout Georgenson]

I have this project allotted in my list of good ones!

[yalla2012]

Very tasty and virtually free advertising, this is to create a bounty company. It turns out that the olat is produced in tokens, and in the end, everyone is happy

This prolect have the bounty campaign https://bitcointalk.org/index.php?topic=2255733.0

Bounty company will be held until the ICO is complete? Did I understand everything correctly?
Or will the payouts of earned tokens occur earlier?

[Pay4youractivity]

Some of the advantages for the borrowers are:

    Access to financial resources
    Targeted interest rate
    No hidden fees or commissions
    Online access to the platform

Conversely, LoanBit works to protect investors by covering up to 75% of the monies offered to a borrower via a safety fund.

LoanBit will make a profit by charging a commission of between 2-4% on each loan made through the platform.

https://cryptocoin.news/icos/loanbit-ico-review-p2p-lending-and-investment-platform-on-the-blockchain-9695/

A good article, now you can roughly determine the interest rate that the borrower will have to pay. Considering that now we know the percentage of interest of the platform.

[Holopopstyir]

Very tasty and virtually free advertising, this is to create a bounty company. It turns out that the olat is produced in tokens, and in the end, everyone is happy

This prolect have the bounty campaign https://bitcointalk.org/index.php?topic=2255733.0

Bounty company will be held until the ICO is complete? Did I understand everything correctly?
Or will the payouts of earned tokens occur earlier?

I think so, the only adequate option for an earlier end of the campaign is to close the hard cap. Tokens for bounties, like in most campaigns, will be distributed after the end of ICO.

[Whitethoughts]

Any normal person will avoid litigation even if there are suggestions that they will pass successfully for him.

That's why the concept looks justified. And brave at the same time. Perhaps this model will be a breakthrough in the credit market.

It turns out that the project wants to take the advantages of a traditional credit system and the advantages of a crypto currency system.

To take the positive qualities of different types of business and to connect them, excluding shortcomings, this is a very correct idea. I hope the implementation of the project will be on top.

[santygo777]

How many tokens are allocated for advisors and will they be vested??

[santygo777]

Where can I see the history of my transactions and the progress of the payment of the interest rate?