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Author Topic: Lending Platform - Is this sustainable rates?  (Read 280 times)
Metarhorn
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March 01, 2018, 07:53:30 PM
 #41

You should check platforms like Ethlend or some similar with collateralized lending.
https://ethlend.io/en/

You can say what is the point of that, but at least you should read what they have to offer.
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March 01, 2018, 08:02:12 PM
 #42

I think lending platform is something which attracts everyone, but far too often and really mean FAR TOO often; it is just not worth it. That is a lot to do with unsustainable rates and bad management.

That is where this thing appeals to me http://www.lavenir.io/ - It is the latest take on lending platform, but this time in a much greater way and in very much sustainable rates.

The ICO starting is very far with almost a month+ remaining, but since the y will give 30% bonus to investors who get in early during first 72 hours. So, that’s why I like to figure out what’s your take on this?

Is this going to be on your list of investment in months to come?
Lending invetment is too risky considering that almost all lending ICO failed to deliver their promises. It is not also advisable to invest in lending on cryptocurrency because it is very volatile. Better invest on other altcoins that are stable and have a good value in the future.
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March 01, 2018, 08:14:03 PM
 #43

Wow, the FUD is strong here. I don't think it's fair to say this lending platform is a scam just because bitconnect exit scammed. Especially when the business model of this lending platform seems to be designed differently than that of bitconnect to make it more sustainable. And it's normal for ICOs to give bonus tokens to early investors isn't it? Every ICO has this kind of bonus to encourage more investors in the ICO. I've even seen some with as high as a 100% bonus. If a 30% bonus for early investments makes this a scam, then ALL ICOs are a scam. At the very least, this lending platform seems a lot less sketchy than most other lending platforms I've seen on the market.

And even if it does turn out to be a Ponzi... people who got out at the right time in bitconnect made a ton of money. Remember, their tokens started trading at around 50 cents and went all the way up to 400 dollars before shutting down. If you play it right, there's still potentially tons of money to be made.

Just thought I'd give my 2 cents on this.
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