Genie-Ico (OP)
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Genie ICO admin
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January 08, 2018, 02:10:13 AM |
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Yes - we have an analytics engine that is AI-based, it takes into account about 50 variables to assess a potential borrower. To become a lender, apply on www.crowd-genie.com. Do you already have a set of tests to evaluate a borrower? And what it takes to become a lender?
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Serg.point
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January 08, 2018, 02:14:26 AM |
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Can you tell how the return rate varies according to the risks?
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Genie-Ico (OP)
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Activity: 168
Merit: 10
Genie ICO admin
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January 08, 2018, 02:16:16 AM |
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The typical rates vary between 12-18% for unsecured loans. Can you tell how the return rate varies according to the risks?
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Egor_F
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January 08, 2018, 02:26:24 AM |
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Do you think there wiil be a demand on CGCoins in the future besides the buy-back program?
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Genie-Ico (OP)
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January 08, 2018, 02:28:18 AM |
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We believe there will be a lot of demand, because we will encourage use of tokens for transactions on the platform. Do you think there wiil be a demand on CGCoins in the future besides the buy-back program?
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snowfu199
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January 08, 2018, 04:35:47 AM |
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What is your inspiration for the project? You had your own experience in p2p lending?
GenieICO's parent company is already in the lending business for more than 2 years. You can check it out at https://www.crowd-genie.com/I am glad to know that. It is a legit project for sure. You guys need some promotion to spread your ICO. |
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Poy.Jon
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January 08, 2018, 06:58:22 AM |
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Are you going to maybe add other countries in your focus area?
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Den.3354
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January 08, 2018, 01:48:09 PM |
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What are the estimations for 2018-2019, how many borrowers/lenders there will be here?
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Julia26
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January 08, 2018, 02:53:39 PM |
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And what if BTC crushes by the time you will launch? How it would affect your ecosystem?
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weston4mills
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Activity: 308
Merit: 10
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January 08, 2018, 02:59:58 PM |
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Hello, once we send our bth or eth but not exchange to CGCOIN yet, is it possible to transfer back?
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kolya.inc
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January 08, 2018, 03:03:12 PM |
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How you adjust the tokens price due to the currency rates changes?
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matthewtherry
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January 08, 2018, 03:09:04 PM |
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quick question, the paper states that the interest for token holders (lender) is about 12% return. what happens if no loan is given out during say a 6 month period? does that mean no returns for token holders?
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Julia26
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January 08, 2018, 03:14:49 PM |
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Can a lender view the history of a borrower? Or it is all private?
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MilyChuxin
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January 08, 2018, 03:20:19 PM |
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Singapore licenced? Any giveaway bonus for members?  |
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Valya_87
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Activity: 184
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January 08, 2018, 04:10:17 PM |
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Why are you working just with business clients? Can individuals be a borrower too?
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Genie-Ico (OP)
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Activity: 168
Merit: 10
Genie ICO admin
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January 08, 2018, 04:14:45 PM |
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Yes - we have a 50% bonus. And 5% referral bonus  Our CEO just announced airdrop for token holders by this Friday. Singapore licenced? Any giveaway bonus for members? |
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Genie-Ico (OP)
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Activity: 168
Merit: 10
Genie ICO admin
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January 08, 2018, 04:15:39 PM |
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Yes - we provide a fact sheet and the financial statements of the borrowers for the lenders to review Can a lender view the history of a borrower? Or it is all private?
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Genie-Ico (OP)
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Activity: 168
Merit: 10
Genie ICO admin
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January 08, 2018, 04:16:33 PM |
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We work only with businesses, the risks are more manageable Why are you working just with business clients? Can individuals be a borrower too?
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BitByata
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January 08, 2018, 06:18:44 PM |
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Any predictions on market situation and cgcoin price next year?
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ainsleyfran
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Activity: 84
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January 08, 2018, 06:23:03 PM |
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Would it be possible to use this platform for lending assets outside Singapore?
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