bit-joker
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July 01, 2018, 08:43:01 PM |
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Will smart contracts be used to ensure that people actually pay what they owe? Keeping lenders around is going to be a big deal, so I'm just wondering how that will be managed. Will you be using things like credit score?
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Dreaming
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July 02, 2018, 07:05:28 PM |
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Have you had your project reviewed by anyone reputable?
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okspam
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July 02, 2018, 08:02:41 PM |
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How is this an improvement over more traditional lending models?
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Dipsomaniac
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July 02, 2018, 09:59:26 PM |
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How can I get a discount? It's not too late is it?
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hokuchii
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July 02, 2018, 10:42:56 PM |
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Hi guys! Waiting for something more interesting here. Reasoned logo, extraordinary results!
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Dreaming
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July 03, 2018, 05:17:04 PM |
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Have you had your project reviewed by anyone reputable?
There's a lot of really good Youtube reviewers you should look into I think.
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RADTEAM (OP)
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July 03, 2018, 11:24:09 PM |
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How do I take part in the token sale?
Just go to Radlending.com, and click "Invest" in the top right corner! After going through our legally required KYC process (as we are doing an STO - security token offering), you will be able place your investments. Minimum investment for US: $1000 Minimum investment for rest of the world: $200 Thank you so much for your detailed response! I've heard security tokens are bad, is that not the case? Security tokens are not worse than utility tokens, although they are working differently. With utility tokens as an issuer you are free to do almost anything. They are not as regulated as security tokens, and unfortunately, most state regulators think they are not legit. With security tokens, an investor gets significant protection even just because the issuer's hands are tied by security law regulations. For example, owning RAD Tokens make you a share owner of RAD Lending Inc., a U.S. registered company, and as investor, you are protected by the laws and regulations of the land.
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RADTEAM (OP)
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July 03, 2018, 11:30:53 PM |
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So if I participate in the ICO, when do I get my tokens?
Right after you sent your investment to us we determine how much RAD Tokens you are entitled to according to the current exchange rates. You will see this number in your investors panel. After the commencement of the pre-ICO, we will create token contract and send tokens to all pre-ICO investors.
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RADTEAM (OP)
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July 03, 2018, 11:58:09 PM |
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What is it about blockchain that makes it so well suited for a project like this?
Blockchain and smart contract logic can add an unprecedented level of transparency and decentralization into the lending platform. Borrowers will be able to release their collateral simultaneously with loan payments, and lenders will repossess the collateral in the case of borrower default—with no centralized counterparty involved in the process.
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RyanPo
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July 03, 2018, 11:59:30 PM |
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Hi, team. I expect your plan runs successfully! Unblemished website, certain results.
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RADTEAM (OP)
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July 04, 2018, 12:01:00 AM |
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Hi, team. I expect your plan runs successfully! Unblemished website, certain results.
Thanks very much - we're on it!
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RADTEAM (OP)
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July 04, 2018, 12:11:12 AM |
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Are there any notable products the team designed before?
Hello, thank you for asking! This is the first time we work together like this – we were very careful choosing our team members, and fortunately it turned out as a creative, well-functioning group that can face any difficulties. If you’re interested in other individual works of our team members you can read more about us on RADLending.com!
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Ovubev
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July 04, 2018, 01:17:11 AM |
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Hey fellows. I want the project luck! Wise logo, faultless logo!
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Dreaming
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July 04, 2018, 05:33:35 PM |
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How does the volatility of this market affect lending? When you loan someone $20k and next month it's only worth $10k, what are the repercussions?
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joblessminer
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July 04, 2018, 05:54:02 PM |
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Do you have any projections for how many users you expect in 1 year?
Still wondering about this actually.
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RADTEAM (OP)
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July 06, 2018, 10:32:51 PM |
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How does the volatility of this market affect lending? When you loan someone $20k and next month it's only worth $10k, what are the repercussions?
Good question, thank you! Overcollateralization helps to run through volatility with crypto collaterals. Margin call mechanism, similar to the one used on traditional exchanges for margin trading will help to prevent losses on the loans. We have a model for collateral management, risk management and margin call scenarios. It is partially outlined in our white paper, which you can read here.
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RADTEAM (OP)
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July 06, 2018, 10:42:44 PM |
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I think many people will participate in this project. We need to spread the information about this project, so that as many people as possible can learn about it. Project Tokens can be purchased only for btc and ETH or for fiat, too, is possible?
Hello there! Thank you for the kind words and wishes, we hope that too To answer your question, you can purchase tokens for BTC, ETH and USD as well.
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RADTEAM (OP)
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July 06, 2018, 10:53:13 PM |
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How easy is this to use for newbies?
I think if you could make it simple enough to use, you could really expand people who would use you. Lendingclub was used by all sorts of people, not necessarily people who were internet savvy because they made it so easy to use. You wouldn't need to know anything about crypto to use RAD if you guys make it simple enough to use. Hello there! We tried to develop it as simple as it can be. We're still on the way though, but you can check out our Whitepaper to learn everything about the project. If you're interested in investing, we even wrote an article about the process to make it easier and more transparent - you can read it here!
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RADTEAM (OP)
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July 06, 2018, 10:58:12 PM |
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Have you guys approached any angel investors or had any interest from them at this point?
We have a closed group of early investors, providing our seed funding for the project and the pre-ICO.
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