Lendo success in Beijing

[Lendo.io]

We know that many of you have been patiently waiting for some updates about the Lendo team’s recent trip to the Far East. The team has just arrived back and are feeling very pleased with the outcome.


CEO, David Honeyman said the conference in Beijing was extremely successful and Lendo attracted a lot of interest there. After Beijing, David and Mark, the Marketing Director, travelled to Singapore and Hong Kong where they held a series of meetings with crypto funds, venture capital firms and family offices.


The response to Lendo at every meeting was very positive and the expression of interest in getting involved with Lendo has given a real confidence boost to the team and yet again demonstrates the strength and solidity of the project.

Now that David and Mark are back, they are busy following up on these meetings and it is likely that they will fly out to Asia again at the end of this month to resume the discussions and close some deals.

As David points out, institutional investors tend to take longer to make up their minds about going forward with a project, simply because there are normally several people involved in the decision. However, patience is rewarded when negotiating these deals, because the amounts invested are potentially very large once they decide to commit.

We’re all excited to see Lendo making such brilliant progress and hope it won’t be too long before we’re able to bring you more updates about what is happening with Lendo in Asia.

[linhlinh1920]

I will read it all!

[zuza1988]

and when we can expect more updates about Lendo?

[Lendo.io]

Hello,
you can find all details in our website lendo.io. Currently we are at phase 1 of our ICO.

In brief,
To be able to “have your cake and eat it” is a wonderful thing, and it is very rarely possible, at least not when you’re talking in metaphor, rather than about real cake.
Lendo set out to provide a solution to this issue for cryptocurrency owners. How could they hold on to crypto assets and spend them. There were, and there still are, two good reasons for developing a solution:
1. People don’t want to sell their crypto in case the value keeps rising
2. It’s not that easy to actually spend crypto without converting it to a fiat currency
Lendo’s answer to the first problem is to accept crypto as collateral for a personal loan. As it says in Lendo’s technical Whitepaper: “Accepting crypto as collateral is a relatively new concept. The main requirements here are that the whole agreement is tied up in a Smart Contract and that the collateral is kept very safely during the term of the contract.
The answer to the second is the provision of a crypto exchange, a credit/debit card and a merchant payment system.
To achieve both, Lendo needs to achieve “Exchange/Payment Processor Integration.” In order to quote real-time prices the Lendo platform will need to integrate with a service provider that can:

· Provide real-time price information for currency pairs, e.g. $ETH/BTC 0.057177 meaning that to buy one ETH you’d have to pay 0.057177 BTC

· Execute the transaction once it is approved, transferring the purchased currency directly to our Lendo account for subsequent disbursement.

Join Lendo’s ICO and take the business forward

That’s why Lendo, like every other fintech startup is holding an ICO: it’s for the development of the individual elements of Lendo’s platform and to progress the building of the entire Lendo ecosystem.

By joining Lendo’s ICO, you’ll be a part of the platform going forward. You will have a personal stake in the success of the business globally, and in how it can serve you personally.

Check out the Commercial and technical whitepapers, and be part of a strong enterprise that plans to expand worldwide.

Be on the inside track of global change in finance — be part of the Lendo ICO.

[Lendo.io]

and when we can expect more updates about Lendo?

Our team working hard to put daily updates in all our social media channels, and also here in this forum