[ANN][POS][MASTERNODE]⚡️PayDay-Unique global loan mechanism based on blockchain⚡

[Ofcifreak]

Hello! The project is very promising, but what your differences from the competitors? And who are they?

I heard about cryptolending and ethlend, but I don't think they offer the same possibilities as this project, do they?

[1714842524]

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[1714842524]

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[fromyesterday12]

Hello! The project is very promising, but what your differences from the competitors? And who are they?

I heard about cryptolending and ethlend, but I don't think they offer the same possibilities as this project, do they?

Had no idea about them. And actually I can't google their websites. Maybe the team will say smth?

[Ofcifreak]

Hello! The project is very promising, but what your differences from the competitors? And who are they?

I heard about cryptolending and ethlend, but I don't think they offer the same possibilities as this project, do they?

Had no idea about them. And actually I can't google their websites. Maybe the team will say smth?

They don't answer too fast, unfortunatelly

[fromyesterday12]

We've just started the Bounty Campaign and Airdrop! Please, join!

I'll take part in it!

Hello! The project is very promising, but what your differences from the competitors? And who are they?

I heard about cryptolending and ethlend, but I don't think they offer the same possibilities as this project, do they?

Had no idea about them. And actually I can't google their websites. Maybe the team will say smth?

They don't answer too fast, unfortunatelly

So I just wait

[genesiscrypto]

Apparently, the current coin market is full of shitcoins and scamcoins, majority of which is poorly developed and packed with bugs. Their networks are unstable and do wrong when it comes to fundamental security and infrastructure flaws. Looking scammy has never been easier, especially if you release buggy code. We don't want that for PayDay Coin since we tend to have quite ambitious plans. We had started running a network and found some bugs. As a consequence, it was shut down temporarily in order to get those bugs fixed. Now our network stays solid, polished and ready to use. We started network 10 minutes before bitcoin mooning on April 12th. Now PayDayCoin is happy to welcome all friends, foes, aliens, allies and cryptolovers.

I've read all the thread...Thanks for such an update. team, great job!!

So what bugs did you fixed??

[cryptasya]

Hi team!
Can you tell about POS and POW differences? Wy will you choose POW to POS on some stage of your project?

[genesiscrypto]

Hi team!
Can you tell about POS and POW differences? Wy will you choose POW to POS on some stage of your project?

You can read about it here https://medium.com/novamining/main-differences-between-pow-and-pos-cryptocurrency-mining-c4cc279d9739

[Kerandias]

I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!

You're right! More and more similar projects are growing. How will we be identified among all this? I really want to see how you differ from the same projects?

Hey @Kerandias that's a good question. So, our difference and uniqueness lies in the fact that we are not trying to overstretch ourselves, but to focus on solving a specific problem in partnership with other blockchains (KYC and Insurance blockchains). All similar projects were just trying to take these functions on themselves. Did I manage to answer your question?

You Quite answered. I'm sorry that your telegram chat is not very informative. Will you have any activities to attract investors?

[capricorn121]

Hi team!
Can you tell about POS and POW differences? Wy will you choose POW to POS on some stage of your project?

You can read about it here https://medium.com/novamining/main-differences-between-pow-and-pos-cryptocurrency-mining-c4cc279d9739

Good article, I myself was interested to know :)I can learn more about white paper now.While for me it isn`t clear the meaning of the bank in the context of the blockchain⚡

[capricorn121]

I think it is important that the alcohol producers cooperate with the platform. Who will be the first?
merculet

Why that alcohol producers cooperate? be able to supply alcohol to all participants in the platform?

[Hitchcock]

We've just started the Bounty Campaign and Airdrop! Please, join!

I'll take part in it!

Hello! The project is very promising, but what your differences from the competitors? And who are they?

I heard about cryptolending and ethlend, but I don't think they offer the same possibilities as this project, do they?

Had no idea about them. And actually I can't google their websites. Maybe the team will say smth?

They don't answer too fast, unfortunatelly

So I just wait

We are waiting, hope and believe. What can you say about the team? Do you trust? I see only inspirers

[sheloa]

Have you conducted any marketing research? Will your project be in demand?

[birds_ain]

You have planned the introduction KYC. This is excellent. Do you already know where the listing will be?

Hi! The listing of KYC is now being formed, stay connected to our Discord https://discordapp.com/channels/422719259983216641/422719259983216643 and Telegram https://t.me/PayDayCoin to find out about that. Have you already joined our channels?

[birds_ain]

I can`t understand the meaning of your project? you are another wallet. What will be better your wallet?
The bank that will provide loans. Then, where is your license? What kind will you give out loans? Everyone?

Hello Mr @Hitchcock and thanks for your big interest in our project. First of, the aim of PayDay Coin is to create a decentralised blockchain-based platform where the geographical boundaries between borrowers and lenders all over the world are erased. It's P2P funding, not a banking system, therefore the license is not needed. The loans will be given out to all verified by KYC borrowers. What do you mean by "What kind will you give out loans?" - not sure I get you.

[birds_ain]

You wrote In white paper that every participant of the system will have PayDay Card. How will this card be issued?

Hi @sheloa and welcome to our thread. We are going to be partners with several banks issuing such Cards that will be used in ATMs all over the world. By the way what banks your credit cards belong to?

[birds_ain]

I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!

You're right! More and more similar projects are growing. How will we be identified among all this? I really want to see how you differ from the same projects?

Many projects have appeared, but few successful ones. If the team gives more explanations, then I can hope this project will be the best

We will wait for answers

I'll wait with you I also wonder why there is no information about the team?

We're not hiding from anyone but what kind of info are you interested in?

[birds_ain]

You wrote In white paper that every participant of the system will have PayDay Card. How will this card be issued?

the team  are still silent so sad. I like the project, but there are no answers yet. I dont want to get lost completely. Already I realized there is a version of the purse dektop. Already something. Who is KYC Master Node? What are its functions?

MasterNode carries out the borrower's verification and collection of data on the borrower including the initial purpose of the loan. What are you getting lost with?

[birds_ain]

Apparently, the current coin market is full of shitcoins and scamcoins, majority of which is poorly developed and packed with bugs. Their networks are unstable and do wrong when it comes to fundamental security and infrastructure flaws. Looking scammy has never been easier, especially if you release buggy code. We don't want that for PayDay Coin since we tend to have quite ambitious plans. We had started running a network and found some bugs. As a consequence, it was shut down temporarily in order to get those bugs fixed. Now our network stays solid, polished and ready to use. We started network 10 minutes before bitcoin mooning on April 12th. Now PayDayCoin is happy to welcome all friends, foes, aliens, allies and cryptolovers.

I am glad to read such information. Are you sure you can fix the bugs?  I hope for a successful start of your project

We've fixed some bugs already, and as soon as we find any more, we'll let you know.

[birds_ain]

I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!

Hi @Ofcifreak, thanks for your interest! Please specify what exactly you'd like to know besides the info on our website paydaycoin.io?

I would like to read somewhere else about the project. Perhaps some kind of review. Do you have this?

Have you read our Whitepaper thoroughly? It's quite informative and self-explanatory.

[birds_ain]

The project looks interesting. If a few questions clarify me a little, I will gladly join. Do I understand you correctly that you will provide banking services using  Blockchain?

Hi capricorn121, thanks for your questions! Let me clear it up for you. We're creating the system that provides services similar to banking ones, but based on other principles: the profit from the loan doesn't go to the bank, but is distributed between the end user who issued the loan/ part of the loan, the KYC partner who verified the identity of the borrower and the Insurance blockchain which insured this transaction. Do you have more questions to ask? I'll be happy to answer them all

How will the identity of the borrower be checked?  Who will be the KYC partner?

That's a good question. The identity of the borrower will be checked according to the common rules of going through KYC.