What is your opinion on the first SelfLoan platform we are about to make?

[Eash]

Nowadays, lots of investors are confused and afraid to invest ICO because there are too many scammers out there. Why Eash can earn your trust? Because imagine how much you need to invest?
0.01ETH! Moreover, if you attend our airdrop activity, it cost even lesser. So basically, get Eash token, then you start gain first. We intend to gain your trust while you gain the money. In this case, every investors are winners, the fear of losing all your money shouldn't be exist at all here in Eash.io! 

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy…  
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan.  

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users!  

[Eash]

Yesterday a man asked me following question on another post:

I have heard that this kind of P2P self loan project will be launched soon.We all need money sometimes,and if we can not get it from bank,where can we get? A promising ICO project,can help people to get out of trouble in their hardest time.

I'd like to answer it here:
actually as we are anonymous to loan, so you don't need to worry about the borrower data, because no need of it, you are borrowing from smart contract. It is absolutely fair and no risk.

Also about the NPL. We have Risk-Control: To make sure a user who repay the loan will gain more profit than those who don't repay. Actually we don't have NPL,as all the token will be needed to buy with ETH first. It is always flow in the smart contract.

[shandi albert]

Is there a consequence for borrowers who do not pay and how to cope (let's say bad credit)...

But this idea is very good hopefully fit ico out to be booming

[Eash]

Is there a consequence for borrowers who do not pay and how to cope (let's say bad credit)...

But this idea is very good hopefully fit ico out to be booming

Actually there is no consequence for borrowers who do not pay. Because not everyone can become our GA(generate address), to become a GA will cost their money at first. So if he run away with some token, it will do no big influence to us. We will make sure that our users gain more profit if they pay the loan than those who run away, because except you can get more token to loan next time, you can also mining token by yourself when your grade reach a certain one.

[sjbi]

The problem is always the lenders, cryptocoins as a lending currency is difficult as there are no way to provide reasonable collateral which mostly involves of real goods or real estate.

[Eash]

The problem is always the lenders, cryptocoins as a lending currency is difficult as there are no way to provide reasonable collateral which mostly involves of real goods or real estate.

The good news is we do not need collateral. We require nothing from the borrower if they are our GA.

[Eash]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

[Dragonrage201]

This loan concept looks very interesting. Hard to believe a 1% rate with unlimited
pay-period. Guess more details will come out once ICO is close.

[Imran1271]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

it will be great for bussiness in crypto market. if you have a solid strategic formula and lender and borrower combination rule as well. bur firstly you have to pay attention to connecte people with your business.

[Eash]

This loan concept looks very interesting. Hard to believe a 1% rate with unlimited
pay-period. Guess more details will come out once ICO is close.

Thank you so much for your support, sir. I will keep updating more details in this post. Also you can follow us on twitter:https://twitter.com/miaviolet12, will have bounty and great compaign soon. You will like it.

[Eash]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

it will be great for bussiness in crypto market. if you have a solid strategic formula and lender and borrower combination rule as well. bur firstly you have to pay attention to connecte people with your business.

Thank you so much for your kind comment. Yes, we do have a solid strategic formula and lender and borrower combination rule. I will keep updating more and more details for you guys. And, yes, you do make a point, we are making effort on getting more people connect with us. If a platform want to success, they will need users. Tokens need users to be alive and valuable. We already have the 10k promising users, that is why we are so confident about this ICO project would become a huge success in the near future.

[Eash]

Let me introduce to you how smart contract works here:

Smart contract mechanism:

1.Pay to become GA: Use ETH to pay to the Eash smart contract address to buy token, the amount you can buy is limited.

[Eash]

2.Vote to be GA: If the GA users vote for letting user A to be GA, and when user A reach 26rd grade, all the voters will be awarded with Eash Token. All the GA has the right to vote 5*their current rank times. When there are more GA in the system, more votes are needed to become a GA.

[Eash]

3.Risk-Control and Inflation: To make sure a user who repay the loan will gain more profit than those who don't repay.After your GA reaches 26 grade, the profit you gained from your mining will be larger than the loan you could get. In the mean time, to minus or offset the possible inflation that manually mining could bring, 1% loan interest fee will be charged by Eash to decrease the total token amount in the market.

We are very welcome to all your possible question, just throw them to me!

[Eash]

4.The trade service fee: 10% of the loan interest will be used for the operating fee of Eash platform,and for exploring to build a more functional blockchain credit system.

[wuaimm]

This idea and the idea is very bold, interest can also accept, just do not know the people can not accept! 

[Eash]

This idea and the idea is very bold, interest can also accept, just do not know the people can not accept! 

Thank you so much for your kind thought for us. Yes, we also think this concept is quite interesting and revolutionary. We are keep trying too. Haha, if it success, it will become a huge breakthrough. Hope you can keep supporting us as we will have bounty and great sale around the end of this month.

[Murloc]

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

1% per hour? day? week?
And what about the security of the loan? You gona need some gurantees that the money will be returned. If you gona ask for collateral then it will hardly be annonymous btcause the user can be identified thru this collateral (at least the most popular types of collateral that are that are used online).

[olubams]

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy… 
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users! 

Its really good to have a platform like this where you get to borrow money but the issue of concern here is on the basis of recovery and what will be the process of getting the loan, the information to be required and even the collateral to be submitted. We all know that privacy in anything that have to with the crypto-currency how then do you want to ensure that the people making the funds available to be borrowed are guaranteed their payment with interest when the lenders come to borrow and they are not ready to release their information and even when they do, how do you do the verification. For digital goods, I don't know how much it will worth, but would only work if you are looking at micro loans.

[Eash]

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

1% per hour? day? week?
And what about the security of the loan? You gona need some gurantees that the money will be returned. If you gona ask for collateral then it will hardly be annonymous btcause the user can be identified thru this collateral (at least the most popular types of collateral that are that are used online).

Thank you so much for your question. 1% forever, it means whether you return it in 1 sec or 1 year, the interest will forever be 1%. Actually we will not ask for collateral, because people can run away without return the loan. However we will set up a system which make people gain more interest if they return the loan. When people's GA reach 26th grade, they can earn 150% profit through their mining token. So in the end, this will not only solve people's emergency, but also make them invest and earn in the future.

[anhbloginc]

Another loan/lending like #SALT? #Suretly?

[Eash]

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy… 
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users! 

Its really good to have a platform like this where you get to borrow money but the issue of concern here is on the basis of recovery and what will be the process of getting the loan, the information to be required and even the collateral to be submitted. We all know that privacy in anything that have to with the crypto-currency how then do you want to ensure that the people making the funds available to be borrowed are guaranteed their payment with interest when the lenders come to borrow and they are not ready to release their information and even when they do, how do you do the verification. For digital goods, I don't know how much it will worth, but would only work if you are looking at micro loans.

Thank you for your kind comment.
The loan process:
a) Use ETH to buy or use generate address(GA) vote to get the GA identity.
b) To originate a loan from ETH smart contract through Eash website.
c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank),and whether users already repayed the last loan.When the check pass,the new loan will be sent to user immediately.
d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

 Actually we will not ask for collateral, because people can run away without return the loan. However we will set up a system which make people gain more interest if they return the loan. When people's GA reach 26th grade, they can earn 150% profit through their mining token. So in the end, this will not only solve people's emergency, but also make them invest and earn in the future.

[Eash]

Another loan/lending like #SALT? #Suretly?

Thank you so much for your comment. Actually we are not like them because we do not need credit score, do not need KYC, do not need you to collateral anything. This is a unique concept.

[1969Dave]

Hi there,

The MEW address shows there a zillion billion EASH tokens, what's the reason for this huge amount? Thank you in advance for replying. 

[Eash]

Hi there,

The MEW address shows there a zillion billion EASH tokens, what's the reason for this huge amount? Thank you in advance for replying. 

I don't think these are EASH tokens, I think this is your advertisement...

[Eash]

  Eash solutions

  Platform: Ethereum
  Date：11.25-12.25
  Total amount：100 Billion
  ICO amount：1 Billion,1% of the total tokens,whole of the left 99% will be only used as public loan asset.

[Eash]

You may ask, why would we make such a SelfLoan platform?

Not only because it is a interesting thought, but also it can make a kind dream come true--Make everyone have money in their hand. Not so much maybe, but are good to use, good enough to handle the emergency, and live a life!

Imagine if you don't have the money to return, you could just run away without any consequence. Not every platform can be so bold! Eash can!

[Eash]

Its really a nice project. Nice idea . So presale is going to start in the end of this month. I have some plans to purchase this tokens during the presale. Definitely its price will increase in coming days. So before that I will get some tokens. I am 100% sure that its ICO will be success and its has got the potential to become huge.

I appreciate your kind belief in us, we won't let you down!

[Pab]

Who you are to give loans,anonymous loans seems like black market,1 % are you joke,it is ponzi
China p2p creator of that kind of service has been sentenced for 25 years in prison

[crazylikeafox]

first of all, i do not think that you are even capable of dealing with money.

- no consequence for borrowers who does not pay? What an idiotic business plan this is

do you know why p2p closed their services their website is full of scammers and defaulters.

- you say you are involve in the real-estate but i in my mind you are here for a quick money grab you dont even know the basics for a business plan.


i smell a scam from you coming in the future

[chocopapaya]

Someone already mentioned Salt.
And you pointed out that this project will be different.

From what it sounds like, it seems like a great idea in theory, but an absolute nightmare in practice.
By the time you work all the kinks out will you even have the steem (or $$$$) to compete against projects that are already gaining momentum right now?

Not to mention it seems like a concept that will be rife with people ripping each other off left and right.

[Eash]

Who you are to give loans,anonymous loans seems like black market,1 % are you joke,it is ponzi
China p2p creator of that kind of service has been sentenced for 25 years in prison

Thank you so much for comment. Actually I do made a mistake on my previous post by saying this is a P2P, I appologize for this. This is actually a person to smart contract platfrom. It means people will borrow directly from smart contract. However, we don't think 1%=ponzi. Why we put 1%? Because we want to change the current credit loan situation, if we set up 10%, 20%, what difference will be made?

[Snortbitsnail]

I think that's a pretty amazing idea. Exorbiant interest causes an actual blindsiding problem that was once an optional suggestion...

[crazylikeafox]

Who you are to give loans,anonymous loans seems like black market,1 % are you joke,it is ponzi
China p2p creator of that kind of service has been sentenced for 25 years in prison

Thank you so much for comment. Actually I do made a mistake on my previous post by saying this is a P2P, I appologize for this. This is actually a person to smart contract platfrom. It means people will borrow directly from smart contract. However, we don't think 1%=ponzi. Why we put 1%? Because we want to change the current credit loan situation, if we set up 10%, 20%, what difference will be made?

It doesnt change a fact that you dont know what you are talking about.
You dont even know what P2P means probably you are still around 10-18 yrs of age. I dont think someone in the real-estate doesnt know what he is talking about

[Eash]

first of all, i do not think that you are even capable of dealing with money.

- no consequence for borrowers who does not pay? What an idiotic business plan this is

do you know why p2p closed their services their website is full of scammers and defaulters.

- you say you are involve in the real-estate but i in my mind you are here for a quick money grab you dont even know the basics for a business plan.


i smell a scam from you coming in the future

I don't think this business is dumb. You know why no consequence for borrower? Because we already set up a standard for who can become our GA. To become our GA means they need to buy token first. Also our system will make sure the borrower who repay the loan will gain more profit than those who run away. So apparently, they have no consequence, but they do lost their chance to mining and get 150% profit.

We are not P2P, but person to smart contract.

We do not involve real estate, we do not ask for collateral. I misunderstood the word"real estate", and I modified my previous answer of the real estate question. Thanks for point out.

We are keep trying and keep modifying. I admit neither this project nor my English is perfect, but our team won't give up making the best effort.

[Eash]

Who you are to give loans,anonymous loans seems like black market,1 % are you joke,it is ponzi
China p2p creator of that kind of service has been sentenced for 25 years in prison

Thank you so much for comment. Actually I do made a mistake on my previous post by saying this is a P2P, I appologize for this. This is actually a person to smart contract platfrom. It means people will borrow directly from smart contract. However, we don't think 1%=ponzi. Why we put 1%? Because we want to change the current credit loan situation, if we set up 10%, 20%, what difference will be made?

It doesnt change a fact that you dont know what you are talking about.
You dont even know what P2P means probably you are still around 10-18 yrs of age. I dont think someone in the real-estate doesnt know what he is talking about

I get back to the 2nd floor and saw that the P2P platform wasn't come out from my mouth. It is a quote.

[Eash]

Someone already mentioned Salt.
And you pointed out that this project will be different.

From what it sounds like, it seems like a great idea in theory, but an absolute nightmare in practice.
By the time you work all the kinks out will you even have the steem (or $$$$) to compete against projects that are already gaining momentum right now?

Not to mention it seems like a concept that will be rife with people ripping each other off left and right.

Thank you for concerning for us. We will find our way out, we won't let the great thought become a bubble. All the projects are in fierce competition right now, but it won't stop the new one.

We are aim to make people afford to loan and invest through smart contract. How could it become the situation you described?

[Eash]

I think that's a pretty amazing idea. Exorbiant interest causes an actual blindsiding problem that was once an optional suggestion...

Thank you so much for supporting us, our official announcement will be made in around 2-3 days. You could kindly follow us on twitter: https://twitter.com/miaviolet12. facebook: https://www.facebook.com/Eash-ICO-The-first-SelfLoan-ICO-project-1963432210545528/

[Eash]

 
Our official ANN will be made in 2-3 days, keep paying attention! 

[disconnectme]

I still believe the space is not ripe for loan services like this, BTCjam failed in this regard, there will always be bad debt because some people will surely default on their payment so how are you going to collect your money from a faceless person

[crazylikeafox]

I still believe the space is not ripe for loan services like this, BTCjam failed in this regard, there will always be bad debt because some people will surely default on their payment so how are you going to collect your money from a faceless person

Cause its a worse business plan better mine this so-called tokens rather than risk your money in lending and better buy votes to increase your so-called GA everything they thought can be exploited.

[Eash]

I still believe the space is not ripe for loan services like this, BTCjam failed in this regard, there will always be bad debt because some people will surely default on their payment so how are you going to collect your money from a faceless person

This is the question that most people doubt about. Actually there is no consequence for borrowers who do not pay. Because not everyone can become our GA(generate address), to become a GA will cost their money at first. So if he run away with some token, it will do no big influence to us. We will make sure that our users gain more profit if they pay the loan than those who run away, because except you can get more token to loan next time, you can also mining token by yourself when your grade reach a certain one.

[Eash]

I still believe the space is not ripe for loan services like this, BTCjam failed in this regard, there will always be bad debt because some people will surely default on their payment so how are you going to collect your money from a faceless person

Cause its a worse business plan better mine this so-called tokens rather than risk your money in lending and better buy votes to increase your so-called GA everything they thought can be exploited.

Good point, how do we solve this? It is not like a random people can vote, only GA can, and their votes are limited. The loan won't be big if it is get from voting. More people will be willing to use this project if voting are allowed, people would find out that if their grade keep updating, they would gain more interest. So there won't be many bad debts.

[godspree]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

[iluvbtc]

Late to the party, SALT Lending and WeTrust are already about to launch

[Eash]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

[Eash]

Late to the party, SALT Lending and WeTrust are already about to launch

Haha, I don't think it would be late, as you can see, there are differences. We won't ask for collateral of your cryptocurrencies, no KYC, no need of your credit score. People have different idea and likes, we'll see.

[godspree]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

so but your GA grade is going to depend on your purchase amount of tokens so in other words it will be based on your total amout of tokens you have in your wallet.if not you are not going to give a loan for a million worth of tokens if someone only has 20 worth right that would make you very broke fast.And then again what legal team have you found to accually file this with the SEC. i have a fealing that you should do some more research before you end up in jail ha ha.

[Eash]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

so but your GA grade is going to depend on your purchase amount of tokens so in other words it will be based on your total amout of tokens you have in your wallet.if not you are not going to give a loan for a million worth of tokens if someone only has 20 worth right that would make you very broke fast.And then again what legal team have you found to accually file this with the SEC. i have a fealing that you should do some more research before you end up in jail ha ha.

Like I have said before, we will make the platform work to a trend that people gain more if they repay. We are not scam, why would we fare SEC? Which law did we exactly break? If you are a lawer, list our crime here as you wish.

[Eash]

       
          Ratio：

          0-200M token                    ETH:EASH=1:80000;

          200M-500M token              ETH:EASH=1:70000;

          >500M token                     ETH:EASH=1:60000;

[Borrowfromyourself]

It seems that many people share different thoughts on this, some people are just keyboard man, thought they know everything, just ignore them, to me this seems very promising based on a helpful creative concept!
Can't wait to see the ANN and wish all the success for project!

[Eash]

It seems that many people share different thoughts on this, some people are just keyboard man, thought they know everything, just ignore them, to me this seems very promising based on a helpful creative concept!
Can't wait to see the ANN and wish all the success for project!

Thank you so much for your support. It is good that people are willing to discuss about it. If you guys have any question, I am more than happy to answer them.

[MacHenry]

What are the conditions a borrower must meet. Also, what happens if the borrower does not meet up with repayment? And what happens if the business of the borrower is liquidated? Finally, is there a mechanism on ground to recover the loan if borrower keeps defaulting on repayment?

[godspree]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

so but your GA grade is going to depend on your purchase amount of tokens so in other words it will be based on your total amout of tokens you have in your wallet.if not you are not going to give a loan for a million worth of tokens if someone only has 20 worth right that would make you very broke fast.And then again what legal team have you found to accually file this with the SEC. i have a fealing that you should do some more research before you end up in jail ha ha.

Like I have said before, we will make the platform work to a trend that people gain more if they repay. We are not scam, why would we fare SEC? Which law did we exactly break? If you are a lawer, list our crime here as you wish.

i think that you need to read the regulations set forth by the SEC to operate any and all projects such as this.or just send this website address to them and see what you need to make this legal like all other ico's are haveing to do.and i do not need to be a lawyer to know this is not legal.and you really need to learn to use spelling check which also indicates lack of knowledge to run a project such as this

[godspree]

It seems that many people share different thoughts on this, some people are just keyboard man, thought they know everything, just ignore them, to me this seems very promising based on a helpful creative concept!
Can't wait to see the ANN and wish all the success for project!

and if you know all why not just send your money to this project and find out you may or may not of lost your funds for legal reasons.all i want to see is legal docs that this is good.

[shandi albert]

Is there a consequence for borrowers who do not pay and how to cope (let's say bad credit)...

But this idea is very good hopefully fit ico out to be booming

Actually there is no consequence for borrowers who do not pay. Because not everyone can become our GA(generate address), to become a GA will cost their money at first. So if he run away with some token, it will do no big influence to us. We will make sure that our users gain more profit if they pay the loan than those who run away, because except you can get more token to loan next time, you can also mining token by yourself when your grade reach a certain one.

It is very interesting if the concept is carried like that, and giving priority to the customer is the best service
Success for this beautiful concept

[Eash]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

so but your GA grade is going to depend on your purchase amount of tokens so in other words it will be based on your total amout of tokens you have in your wallet.if not you are not going to give a loan for a million worth of tokens if someone only has 20 worth right that would make you very broke fast.And then again what legal team have you found to accually file this with the SEC. i have a fealing that you should do some more research before you end up in jail ha ha.

Like I have said before, we will make the platform work to a trend that people gain more if they repay. We are not scam, why would we fare SEC? Which law did we exactly break? If you are a lawer, list our crime here as you wish.

i think that you need to read the regulations set forth by the SEC to operate any and all projects such as this.or just send this website address to them and see what you need to make this legal like all other ico's are haveing to do.and i do not need to be a lawyer to know this is not legal.and you really need to learn to use spelling check which also indicates lack of knowledge to run a project such as this

This is no need to attack my spelling. We are in discussion here. Wrong grammar or misspelled words, why do you care so much? People can understand what I'm saying, and we got supporters. If you are from SEC, your words can be persuasive, otherwise don't be so sure.

[Eash]

Is there a consequence for borrowers who do not pay and how to cope (let's say bad credit)...

But this idea is very good hopefully fit ico out to be booming

Actually there is no consequence for borrowers who do not pay. Because not everyone can become our GA(generate address), to become a GA will cost their money at first. So if he run away with some token, it will do no big influence to us. We will make sure that our users gain more profit if they pay the loan than those who run away, because except you can get more token to loan next time, you can also mining token by yourself when your grade reach a certain one.

It is very interesting if the concept is carried like that, and giving priority to the customer is the best service
Success for this beautiful concept

Thank you so much for your kind support. Please keep following this thread. We will have very nice bounty and campaign soon.

[godspree]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

so but your GA grade is going to depend on your purchase amount of tokens so in other words it will be based on your total amout of tokens you have in your wallet.if not you are not going to give a loan for a million worth of tokens if someone only has 20 worth right that would make you very broke fast.And then again what legal team have you found to accually file this with the SEC. i have a fealing that you should do some more research before you end up in jail ha ha.

Like I have said before, we will make the platform work to a trend that people gain more if they repay. We are not scam, why would we fare SEC? Which law did we exactly break? If you are a lawer, list our crime here as you wish.

i think that you need to read the regulations set forth by the SEC to operate any and all projects such as this.or just send this website address to them and see what you need to make this legal like all other ico's are haveing to do.and i do not need to be a lawyer to know this is not legal.and you really need to learn to use spelling check which also indicates lack of knowledge to run a project such as this

This is no need to attack my spelling. We are in discussion here. Wrong grammar or misspelled words, why do you care so much? People can understand what I'm saying, and we got supporters. If you are from SEC, your words can be persuasive, otherwise don't be so sure.

why get so defensive i only want to see and know that you are registered ico. and to know that my investment is safe if i where to invest. can you show us your register or not.it seems as if you would be borrowing against the members investments until they run out and not everyone will be able to mine to keep up the borrowing total if there is no cap.and you seem to have trouble answering as to the cap allowed to borrow until we invest and that is not right we need to know.if you have trouble answering these questions then i have trouble investing.and do you have any big investers?

[silent17]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

I have a question, why do borrowers borrow money from a company? Because they don't have enough money to sustain or to buy something, correct? so basically if you want your borrow money from your company, they must first buy your GA. And I think GA is much more expensive than the one you need to borrow that why it's ok for the borrower to not pay your company. The thing is, how can a borrower borrow money from your company if he doesn't have money to buy GA. I think it's much wiser if you still implement collateral for those people who want to borrow from your company.

[Eash]

so what is going to be the min and max of a loan.is it determined to the equivelant to the amount of tokens you have in your wallet?

Thank you for your question. What be borrowed and repayed will be Eash tokens. How many you can loan is based on your GA grade. Details will be on the ANN in around 2 days. Please keep paying attention on this thread.

so but your GA grade is going to depend on your purchase amount of tokens so in other words it will be based on your total amout of tokens you have in your wallet.if not you are not going to give a loan for a million worth of tokens if someone only has 20 worth right that would make you very broke fast.And then again what legal team have you found to accually file this with the SEC. i have a fealing that you should do some more research before you end up in jail ha ha.

Like I have said before, we will make the platform work to a trend that people gain more if they repay. We are not scam, why would we fare SEC? Which law did we exactly break? If you are a lawer, list our crime here as you wish.

i think that you need to read the regulations set forth by the SEC to operate any and all projects such as this.or just send this website address to them and see what you need to make this legal like all other ico's are haveing to do.and i do not need to be a lawyer to know this is not legal.and you really need to learn to use spelling check which also indicates lack of knowledge to run a project such as this

This is no need to attack my spelling. We are in discussion here. Wrong grammar or misspelled words, why do you care so much? People can understand what I'm saying, and we got supporters. If you are from SEC, your words can be persuasive, otherwise don't be so sure.

why get so defensive i only want to see and know that you are registered ico. and to know that my investment is safe if i where to invest. can you show us your register or not.it seems as if you would be borrowing against the members investments until they run out and not everyone will be able to mine to keep up the borrowing total if there is no cap.and you seem to have trouble answering as to the cap allowed to borrow until we invest and that is not right we need to know.if you have trouble answering these questions then i have trouble investing.and do you have any big investers?

Our website and white paper will be officially launched around the end of this month. Our official ANN will be put in a new thread in 1-2 days, and I will update the link here. The development is almost finished, and we are testing now.
We will release 1 billion tokens at the ICO stage. The total token amount would be 100 billion tokens. What GA borrowing from smart contract is the rest 99% other than those from ICO stage. We have many investors.

[Eash]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

I have a question, why do borrowers borrow money from a company? Because they don't have enough money to sustain or to buy something, correct? so basically if you want your borrow money from your company, they must first buy your GA. And I think GA is much more expensive than the one you need to borrow that why it's ok for the borrower to not pay your company. The thing is, how can a borrower borrow money from your company if he doesn't have money to buy GA. I think it's much wiser if you still implement collateral for those people who want to borrow from your company.

People can also get votes to become our GA, although those voters need to be GA themself, they are willing to help voting because they would by payed commission like some tokens. There will be some person who could afford to buy tokens to become GA first, and they will help other people to become our GA too. We will also airdrop a certain amount of tokens.

[Eash]

Hi, everyone, you could visit our twitter to follow and retweet, we will have big surprise for the 5 most active fans!

Check here: https://twitter.com/Eash_io

[chrisfatos]

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy… 
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users! 

What if someone has bad credit?  Will that person be able to participate?

[Eash]

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy… 
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users! 

What if someone has bad credit?  Will that person be able to participate?

Yes, they can. As we do not ask for credit scores.

[fatenmo]

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy… 
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users! 

Is there a possibility that the interest rate will change in the future? or will it stay fixed 1% forever?

[Eash]

Hello, everyone! We all know credit loan industry may not be so nice sometimes:

Exceedingly high loan interest rate--5-20% per year;
Long approving time: about 2-5 days;
Easily privacy leakage: Almost no privacy… 
Isn’t it like a shabby beggar who needs to carry a mountain-like burden to walk? Sometime it is too much for us.

So we figure out a SelfLoan platform! Advantages are as follows:

The loan interest rate will be fixed at only 1%.

Unlimited repayment time.

Anonymous to loan. 

Do you like it and want to know make it real by support our coming-soon ICO? We are so grateful to hear your precious opinion! I will keep you guys imformed of our progress! Great bounty and campaign will be coming soon for first users! 

Is there a possibility that the interest rate will change in the future? or will it stay fixed 1% forever?

The interest rate won't change in the future, permanently 1%.

[Eash]

So many people are curious about the price to be our GA, some guess it would be expensive, but actually it is not.

The first 1-2000 GA cost 0.01 ETH; 2001-5000, 0.05ETH; 5001-10000, 0.1ETH; In the later stage, every 10k GA cost 0.1ETH more.

When the price gets higher, people will be more intend to vote to become GA. The exist GA can vote other to become GA, and when that person's grade reaches 50th, all voters can get 500 tokens as reward.

[Eash]

Dear all, as we are in the developing and testing time. We will keep modifying and making progress on this project. The ANN may be delayed a little, our bounty and airdrop are keep updating too, but we won't let you down. We are intend to provide better project. Hope you guys can understand and keep supporting us!

[timcheerful1]

The load we be I good going way but if it implement well and check the weight of it so it better

[Eash]

The load we be I good going way but if it implement well and check the weight of it so it better

"check the weight of it" do you mean check the users' credit score?

[Eash]

Some people think that we are the same as Salt Lending, but the truth is, no.

Here are the requirement set by SALT lending:Apart from having collateral to leverage, members need pass AML/KYC verification and our internal eligibility screening during the application process.

As for Eash: No collateral, no AML/KYC verification, no internal eligibility screening. All you need to do is become our GA by spending little ETH.

[bestICOever]

How many tokens for airdrop?

[Eash]

How many tokens for airdrop?

Thank you for your question.  We have 10 million tokens airdroped for community users who follow and retweet the airdrop tweet.

If you are our fan, you could start following us on twitter first: https://twitter.com/Eash_io, and when airdrop begin, you will be the first to know!

[Eash]

 

New week begin, there are more and more twitter fans who PM me about the token info. Thank you for your support! We will keep updating info, by the way, don't forget to attend our retweet and follow campaign to get free tokens!!!! Visit: https://redd.it/7b2hds to get a whole idea of Eash ico.

[bestICOever]

guys, what's the minimum purchase for the pre-sale?

[Eash]

guys, what's the minimum purchase for the pre-sale?

Thank you for your interest.
Minimum purchase is 0.01 eth.

[Eash]

bump.

[Eash]

Hey! Guys! To make our free token be given to our fans simply, we will send 10 million free tokens to fans who follow and like my page!!!!! Don't forget to tell this good news to your friends!

With only two clicks, free tokens are yours! See here: https://www.facebook.com/Eash.io/    https://twitter.com/Eash_io.

[bestICOever]

I already follow and retweet your post, please keep me in your airdrop list. Thank you,guys.

[Eash]

I already follow and retweet your post, please keep me in your airdrop list. Thank you,guys.

Thank you for your kind support, we will add you in our airdrop list, no worry. When you retweet, please kindly write "community", so we will know that you are from here! We already have 279 followers on twitter for now! https://twitter.com/Eash_io

[TraderInc]

I just did the Retweet.

How can i claim my tokens ?

Should I write #Community on my Retweet ?

[deloreswest]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

it will be great for bussiness in crypto market. if you have a solid strategic formula and lender and borrower combination rule as well. bur firstly you have to pay attention to connecte people with your business.

yes financing loan is good thing for investment and collateral is still needed. there will be fair payment and fast disbursment. with smart contract and blockchain technology will help financial problem

[Eash]

I just did the Retweet.

How can i claim my tokens ?

Should I write #Community on my Retweet ?

Thank you so much for your kind support, our official airdrop campaign will be launched soon. By then you will need to fill a google forum to join the campaign. I will keep you informed.

[Eash]

The loan process:

a) Use ETH to buy or use generate address(GA) vote to get the GA identity.

b) To originate a loan from ETH smart contract through Eash website.

c) The smart contract will automatically check if the token amount which users input is above the credit limit(according to the users' rank), and whether users already repayed the last loan.When the check pass, the new loan will be sent to user immediately.

d) When you repay the loan throgh Eash website, the token amount you need to repay is a*101%.

it will be great for bussiness in crypto market. if you have a solid strategic formula and lender and borrower combination rule as well. bur firstly you have to pay attention to connecte people with your business.

yes financing loan is good thing for investment and collateral is still needed. there will be fair payment and fast disbursment. with smart contract and blockchain technology will help financial problem

Thank you for your kind comment. We don't need the collateral because our system works in a trend to letting people more likely to repay the loan other than take it and ran away. The system make people gain more interest if they repay the loan. When people's GA reach 26th grade, they can earn 150% profit through their mining token. So in the end, this will not only solve people's emergency, but also make them invest and earn in the future.

[Hamzat]

Brilliant concept and idea
Good luck dev

[kikipalmer]

I already follow and retweet your post, please keep me in your airdrop list. Thank you,guys.

Thank you for your kind support, we will add you in our airdrop list, no worry. When you retweet, please kindly write "community", so we will know that you are from here! We already have 279 followers on twitter for now! https://twitter.com/Eash_io

What time exactly does the airdrop starts tommorrow ??

[gwensarah1]

I already follow and retweet your post, please keep me in your airdrop list. Thank you,guys.

Thank you for your kind support, we will add you in our airdrop list, no worry. When you retweet, please kindly write "community", so we will know that you are from here! We already have 279 followers on twitter for now! https://twitter.com/Eash_io

Followed and retweeted and commented with community on the post, what next pls??

[Bttzed03]

How much does it cost a potential borrower to get GA?
Is there a credit limit?

I like the idea that you encourage borrowers to pay by giving them more rewards. And possibly another source of income.

[sourjain]

when is the airdrop and what are the rules?

[Eash]

Hello,everyone! Please note that our PRE-ANN(free airdrop) here: https://bitcointalk.org/index.php?topic=2378605.new#new

[islam1988]

Hi please enter the currency of the famous pallets

[Eash]

Hello,everyone! Please note that our PRE-ANN(free airdrop) here: https://bitcointalk.org/index.php?topic=2378605.new#new

Airdrop start today! Let the party begin!

[Eash]

How much does it cost a potential borrower to get GA?
Is there a credit limit?

I like the idea that you encourage borrowers to pay by giving them more rewards. And possibly another source of income.

So many people are curious about the price to be our GA, some guess it would be expensive, but actually it is not.

The first 1-2000 GA cost 0.01 ETH; 2001-5000, 0.05ETH; 5001-10000, 0.1ETH; In the later stage, every 10k GA cost 0.1ETH more.

When the price gets higher, people will be more intend to vote to become GA. The exist GA can vote other to become GA, and when that person's grade reaches 50th, all voters can get 500 tokens as reward.

[Eash]

There are still many people PM me about our FREE AIRDROP, please check from here:https://bitcointalk.org/index.php?topic=2378605.0

Please read our requirements carefully, thank you all!

[Orsenise]

Do you already have a website to start with? You're advertising your loan platform without giving any details (whitepaper, project etc.) about your product/service. You should be aware as well that there is a lot of competitions from other projects who are involved in that sector. Salt lending for example had a very successful ICO recently and their platform development has been quite exceptional. The team is very skilled and they have very good connections with many firms and even governments, how will you compete with that? Lending is a tough industry so you better have some insurance experience or hopefully you worked for an insurance company because that's the experience you need in order to even consider starting such a project.

[Eash]

Do you already have a website to start with? You're advertising your loan platform without giving any details (whitepaper, project etc.) about your product/service. You should be aware as well that there is a lot of competitions from other projects who are involved in that sector. Salt lending for example had a very successful ICO recently and their platform development has been quite exceptional. The team is very skilled and they have very good connections with many firms and even governments, how will you compete with that? Lending is a tough industry so you better have some insurance experience or hopefully you worked for an insurance company because that's the experience you need in order to even consider starting such a project.

Our website and white paper will be launched soon, please don't worry about that. Lending is a big area that I believe we can make our way to live in this field as we are unique in many ways.

https://bitcointalk.org/index.php?topic=2378605.0 Check here for attending the free airdrop!

[bestICOever]

Love it! is the FREE AIRDROP still on?

[Eash]

Love it! is the FREE AIRDROP still on?

Yes! Still on.