[ANN] 💥 LendLedger | Data-driven, Decentralized Lending 🌎 Powered by Stellar ⚡

[Lendledger]

Check out our brand new explainer video, tap below

[tippytoes]

are you gonna loan money to anyone who asks for it or is there gonna be a verification process too?

I think, the answer is obvious here. Any project will not give the privilege that everyone who wants a loan can have it. There's always procedure to follow, or some sort of collateral. And so, not everyone will be eligible to have a loan. Otherwise, the platform will be bankrupt easily.

[Lendledger]

What kind of digital services may become a proove to get a loan?

Hi ZazaCash - everything from the data which can be extracted from a credit swipe machine to mobile payments!

[Lendledger]

Only those who use Swipe can access a loan here??

No! Swipe is just one example of a tool we can use to extract the data necessary to make loans. As more and more Data Providers enter the platform the sky's the limit for what can be used to ascertain a borrowers viability.

[Lendledger]

Who can invest in this system, banks and funds? Or private individuals?

All three - check our website (http://lendledger.io) and click 'Join Us' for details of the numerous token sales occurring over the coming months

[Lendledger]

Does the borrower need to be related to the cryptocurrency in advance? Have any history of transactions or purchase?

No. One of the unique characteristics of LendLedger is both borrowers and lenders can deal exclusively in fiat. We like to think of the blockchain and the crypto which accompanies it as 'plumbing'. It makes sure loans are safe, seamless and transparent but it can remain a behind the scenes feature - lowering barriers to adoption.

[Lendledger]

Where are you based? NY, really? Isn't the best place to start an ICO.

Our team is based in New York however our token sale is not open to UK, US or China individuals. Additionally we have a partner office in India and one of our co-founders is in India full-time.

[Lendledger]

How long the private sale will last?

Our presale round 1 has just closed however another presale round is expected to open shortly. Please follow us on telegram (https://t.me/lendledger) and place your email in the 'Join Us' section of your website (http://lendledger.io) to stay updated.

[Lendledger]

By the way, what experience you have in the financial sector?

Hi Borislav12 great question. Our co-founder Gautam Ivatury has been an innovator in emerging market fintech since 2002, with founding or CXO roles at SKS Microfinance, Gates Foundation-funded CGAP Technology Program, Signal Point Partners, Jipange Kusave, MeraDoctor, and ArthImpact. Similarly, our other co-founder Manish Khera was a founder or CEO at Fino PayTech, YTS, Airtel Payments Bank, and ArthImpact. As well as being a World Economic Forum Young Global Leader. Check out the 'Team' section on the LendLedger website (http://lendledger.io) for more info.

[Lendledger]

"trillion-dollar credit gaps" - that's huge. Where did you get those numbers?

https://www.weforum.org/agenda/2015/10/5-steps-to-closing-the-2-trillion-credit-gap/!

[Lendledger]

Your example from the website is for India. What other countries you focus on?

LendLedger aims to be an open source global network. So anywhere in the world where there are small, medium and micro-sized enterprises unable to get a loan with traditional documentation weel be there to help.

[Lendledger]

The ICO already going?

The presale round 1 for our token sale just closed. To stay updated please enter your email in the 'Join Us' section of our website (lendledger.io) and join us on telegram (https://t.me/lendledger)

[Lendledger]

Maybe you got to start a bounty now? Or at least a ref program.

Our bounty campaign is already active - See here https://bitcointalk.org/index.php?topic=4704216.msg%msg_id% - Follow us on Telegram (https://t.me/lendledger) to participate and learn more.

[Lendledger]

The problems that was written I realistic and can be face as truth and reliable. But do you have bounty campaign as well?  I wish to participate for that in the future.

Thank you. Yes we do. See here and https://bitcointalk.org/index.php?topic=4704216.0 and follow us on Telegram https://t.me/lendledger to participate!

[Lendledger]

Are you looking for big investors now? Any special min contribution size?

Hi GTXman - we're looking for token buyers. If you're interested email hello@lendledger.io

[Lendledger]

I've seen info about airdrop in Telegram group, is it still on?

Yes! For more info see https://bitcointalk.org/index.php?topic=4704216.msg%msg_id%

[Lendledger]

Admin, where is the bounty thread?

Follow us on Telegram https://t.me/lendledger. Find the Bitcointalk thread here https://bitcointalk.org/index.php?topic=4704216.msg%msg_id%

[Lendledger]

LendLedger is definitely very interesting, but I'd like to see more action from the team members! Being present in the community is very important. Especially at the early stages.

Hi Asdug, we appreciate that but we're more active than you think! (LendLedger Communications Manager is writing this now!)

[Lendledger]

Maybe you got to start a bounty now? Or at least a ref program.

I thought you have a bounty. Don't you?

Yes we do! - https://bitcointalk.org/index.php?topic=4704216.msg%msg_id%

[Lendledger]

How many of your target audience are familiar with the crypto lending?

The beauty of LendLedger is that our target audience don't need to be familiar with crypto lending. Both Lenders and Borrows transact in fiat (local currency). We think of crypto as 'plumbing' - it ensures the seamless, safe and transparent loans which we provide but operates behind the scenes so to speak.