⚡️⚡️⚡️[ANN] [PRE-ICO] LendsBay | Credit ecosystem

[CryptoBeefy]

Everything looks really good. But don't you think this project is going to challenge the banking systems? And they have been established since ages. No government would like a new blockchain project to interfere in their banking system.

In a way, yes it will challenge the banking systems but also in others absolutely not. The average joe who knows nothing about decntralised and blockchain isn't going to seek a solution like LendsBay.

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[Ace44]

The project is becoming more popular every day! This idea is very interesting and will surely benefit for all mankind! Very good!!!

Most blockchain projects are actually in one way or the other benefitting mankind either as utility or security. Just that some are more useful as compared to some others.

yeah, that's the thing with technology some are very positive while others are less positive but the end line is that they are all solving a problem and i believe lendsbay is solving a very important problem

Lol, I wouldn't go as far as to say that Lendsbay is 'Benefiting mankind' I still find it hard to beleive that family and friends would use this, especially for a 0% fee option.  If i lend my friends $100 I don't need something to track it as they're my friends, so interesting to see what the team think of this.

You have a point here. I don't think it will be difficult lending my friend or family money physically. Once it is due i can request for the money back without interest. The team will need to re-visit this part. It can work for outsiders though but i doubt for family and friends.  

yeah, but you are not only lending fund to friends and family you can decide to throw in some fund to some strange person out there, in that situation you definitely need lendsbay

Yea, that's probably why the safety tools of Lendsbay are in place, such as the tool for watching out for defaulters, giving you a sense of direction on who to lend and the area to stay away from, this is what the community should look into and compare this with the usual lending platforms that we get to see and the best part of all this is that the whole thing is decentralized, so the investor will have total control of his funds

[peter_heninger]

Hi all. Wish you detect pretty resources to develop your project!
Arguable website, riveting job, outstanding website!

[Anilbg]

Last Friday the live counter was at $84k, today it’s at $132k, they are now over the half way mark for their softcap. There’s been a lot of investments this week and it’s nice to see Lendsbay are doing a good job, I don’t think it will be too long before they hit their hardcap, especially if they keep moving at this speed.

I haven't checked out their website lately, it's good to know their sale is progressing well, I noticed the increase in activity on their social media outlets. It's good to see their effort paying off.

I see progressing nicely. The team is doing a good job getting investments at this stage. Plus I think their proposition is quite interesting given they also have a model to facilitate non interest loans.

Yep I’m surprised in the down economy and crypto market theirs still a lot of people willing to make investments in projects with real potential as long as the idea for the platform make sense and theirs a path to bringing the project to reality

Yea, the crypto market is really on the downside but the fact is, it will rise, even at that we still have investors coming in and new brands keep springing up because they still believe in the blockchain industry, its revolutionary and every niche is trying to take its place, like Lendsbay trying to take its place in the lending niche which we all love to see 

It's nice to hear that their ICO token sale is going fast. I guess they will achieve their target in within deadline. Because they received 133K USD funds from investors and 22 days are enough time.

I remember i checked 2 days ago and they were at 96K USD, Amazing how they got a huge boost and as you say there still is a lot of time they can easily reach their softcap.

Yes, it's good news for LendsBay followers. Tokens sale picking up now. Now it needs support from market as well.

[chan001]

Everything looks really good. But don't you think this project is going to challenge the banking systems? And they have been established since ages. No government would like a new blockchain project to interfere in their banking system.

In a way, yes it will challenge the banking systems but also in others absolutely not. The average joe who knows nothing about decntralised and blockchain isn't going to seek a solution like LendsBay.

Initially many countries opposed to cryto currencies itself. But now after making some rules they are slowly allowing crypto investment. I expect same thing will happen with what LendsBay plans to do.

[RyCriptoC]

Everything looks really good. But don't you think this project is going to challenge the banking systems? And they have been established since ages. No government would like a new blockchain project to interfere in their banking system.

In a way, yes it will challenge the banking systems but also in others absolutely not. The average joe who knows nothing about decntralised and blockchain isn't going to seek a solution like LendsBay.

Initially many countries opposed to cryto currencies itself. But now after making some rules they are slowly allowing crypto investment. I expect same thing will happen with what LendsBay plans to do.

When it comes to money lending, taking approval from different countries will be huge task. Let's see how LendsBay team going to manage the same.

[Nathan01]

Not sure if it's been mentioned or not already as I may have missed it, but just noticed that they have some very impressive ratings on ICO rating websites..

https://www.trackico.io/ico/lendsbay/
https://findico.io/ico/lendsbay
https://icoholder.com/en/lendsbay-22162
https://icomarks.com/ico/lendsbay
https://icobench.com/ico/lendsbay

Interesting. Thanks for the links. In every rating website have good rating. In some website almost 100% which is indicating the quality of project.

Thanks for sharing those links. I hadn't actually realised they had been rated by so many sites. Definitely a massive positive seeing so many good scores for LendsBay.

I had studied some of this rating body and got to understand how they get projects reviewed, i noticed it's bit rigorous to even get the attention of some of this review site. You need a particular amount of vote to get trackico to review your project and all of that

[akjain]

Everything looks really good. But don't you think this project is going to challenge the banking systems? And they have been established since ages. No government would like a new blockchain project to interfere in their banking system.

In a way, yes it will challenge the banking systems but also in others absolutely not. The average joe who knows nothing about decntralised and blockchain isn't going to seek a solution like LendsBay.

Sorry can you be little more clear in your answer

[ethtrader16]

Did anyone know that they have an Instagram page? I was surprised as not a lot of ICO's have that, but it still is very useful for promoting.

Wow, That is more interesting. only few ICO's having Instagram pages. Could you post that link here so we can join this page?

[Zombie259]

Did anyone know that they have an Instagram page? I was surprised as not a lot of ICO's have that, but it still is very useful for promoting.

Wow, That is more interesting. only few ICO's having Instagram pages. Could you post that link here so we can join this page?

I don't think that instagram is a good platform, respectively there are better for cryptocurrencies, but if you want the link, here we go: https://www.instagram.com/lendsbay.io/

[faulerwilli]

Did anyone know that they have an Instagram page? I was surprised as not a lot of ICO's have that, but it still is very useful for promoting.

Wow, That is more interesting. only few ICO's having Instagram pages. Could you post that link here so we can join this page?

I don't think that instagram is a good platform, respectively there are better for cryptocurrencies, but if you want the link, here we go: https://www.instagram.com/lendsbay.io/

oh, they actually have an instragram-account. I also wonder what it takes in the world of cryptocurrencies. but they probably want to address as many potential stakeholders as possible
but they seem to have a lot of fun together

[chan001]

Did anyone know that they have an Instagram page? I was surprised as not a lot of ICO's have that, but it still is very useful for promoting.

Wow, That is more interesting. only few ICO's having Instagram pages. Could you post that link here so we can join this page?

I don't think that instagram is a good platform, respectively there are better for cryptocurrencies, but if you want the link, here we go: https://www.instagram.com/lendsbay.io/

oh, they actually have an instragram-account. I also wonder what it takes in the world of cryptocurrencies. but they probably want to address as many potential stakeholders as possible
but they seem to have a lot of fun together

Instagram usually used for picture sharing, I don't know how many crypto investors using Instagram for checking crypto activities.

[Darkoth89]

Everything looks really good. But don't you think this project is going to challenge the banking systems? And they have been established since ages. No government would like a new blockchain project to interfere in their banking system.

In a way, yes it will challenge the banking systems but also in others absolutely not. The average joe who knows nothing about decntralised and blockchain isn't going to seek a solution like LendsBay.

Sorry can you be little more clear in your answer

I think he means that the majority of people who would be using this are ones already involved in the crypto scene.  The average person on the street is not going to go through the hassle of learning about blockchain when they have banks and other existing solutions in place.

[RyCriptoC]

Everything looks really good. But don't you think this project is going to challenge the banking systems? And they have been established since ages. No government would like a new blockchain project to interfere in their banking system.

In a way, yes it will challenge the banking systems but also in others absolutely not. The average joe who knows nothing about decntralised and blockchain isn't going to seek a solution like LendsBay.

Sorry can you be little more clear in your answer

I think he means that the majority of people who would be using this are ones already involved in the crypto scene.  The average person on the street is not going to go through the hassle of learning about blockchain when they have banks and other existing solutions in place.

This platform is kind of next generation of money lending system. And today's generation who love to use mobile will like it very much.

[BtcVolcano]

I think he means that the majority of people who would be using this are ones already involved in the crypto scene.  The average person on the street is not going to go through the hassle of learning about blockchain when they have banks and other existing solutions in place.

In other words, you don't think there will be any new members. Because they have to use the need to further examine the topic of blockchain. It means that users will need to search only in our community of crypto-currencies.

[5thangel]

Wow! 66 pages already lol, I see a lot of interest in this project. I hope by September market will rebound and lendsbay will have a good ICO.

[Darkoth89]

I think he means that the majority of people who would be using this are ones already involved in the crypto scene.  The average person on the street is not going to go through the hassle of learning about blockchain when they have banks and other existing solutions in place.

In other words, you don't think there will be any new members. Because they have to use the need to further examine the topic of blockchain. It means that users will need to search only in our community of crypto-currencies.

I don't think necessary there will be no new members, I think the team need to conciser education as a part of their project as well, showing people how easy it is to use their chain, creating guides etc.   This doesn't just go for lendsbay though, the entire crypto scene this is an issue imo.

[nesh1]

Did you guys know about the collaboration between Lendsbay and Modultrade? they posted an article about it here is the link to it: https://medium.com/@lendsbayio/lendsbay-and-modultrade-join-forces-in-a-financing-and-social-rating-jv-e48e231fe1e3, check it out.

[ganeshramk]

Wow! 66 pages already lol, I see a lot of interest in this project. I hope by September market will rebound and lendsbay will have a good ICO.

There are lots of interest for sure. Otherwise they cannot collect this much money without so much of promotions. If the promotion is done in a good way, then they will hit their caps soon.

[ctrades31]

Last Friday the live counter was at $84k, today it’s at $132k, they are now over the half way mark for their softcap. There’s been a lot of investments this week and it’s nice to see Lendsbay are doing a good job, I don’t think it will be too long before they hit their hardcap, especially if they keep moving at this speed.

I haven't checked out their website lately, it's good to know their sale is progressing well, I noticed the increase in activity on their social media outlets. It's good to see their effort paying off.

I see progressing nicely. The team is doing a good job getting investments at this stage. Plus I think their proposition is quite interesting given they also have a model to facilitate non interest loans.

The team have done well indeed. It's not an easy task to organize an ico project but it becomes a more difficult task to do when the sales are not coming in.

Looks like their sale will be over sooner than expected. I would propose they would publish some information on how the sale is going and if there is any "great" investor

Aa I know that about sale progress you can watch on their website. 20 days are remains the to close Pre ICO.