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

[D.Crypto_Lumbus]

WOW amazing...This project is going to help kill the banks faster, just love that.
This is perfect for loan officers.
Keep this project alive and I hope that it gets recognize more. Brilliant idea!

[Titomir]

the project is best way in blockchain technology

[eversad]

LendsBay - you guys want to try in highly competitive and hard inspdustry. I'd say that the project will fall like many others if not it's founding team. Thoroughly educated and trained specialists, not just ordinary capitalist with bulks of money, but professionals of their field
Good luck!!!

[Darsons]

This project have nice potential to enter blockchain world and become nice crypto token. My support!
Are there any large investors in your project?

Thank you very much for your question!
Yes, we have a number of large private investors

[darrenwgray]

One of the attractive point to me is ... ';No credit history, which can have an impact on a borrower’s ability to obtain subsequent loans/

So it's bad, a lot of mossies can come and get loans and not return them.

[ifeanyi5050]

This LendsBay  project will be great! The team of this project excludes any doubts that are associated with it. Their ideas and the development trend will amaze with their grandeur, I am very much confidence on this project!

[Hitman777111]

A delightful project that will surely succeed! I am very glad to be its participant! Good porject!

[Kitssajt]

Этo дeйcтвитeльнo здopoвo, чтo в бyдyщeм c пoмoщью Lendsbay Ecosystem кaждoe дeйcтвиe пoльзoвaтeля мoжeт быть oтpaжeнo в eгo peйтингe, ocнoвaннoм нa нaдeжнoм пoвeдeнии в coциaльныx гpyппax

[Tornadoduke]

This project appears unique. It seems to be a good project to invest in due to it's concept... Have there been any plans on the exchanges to get listed on? Because this will play a significant role in the explosion of this project.

[AngelPeters]

LendsBay might be the next BIG thing in the crypto space because of it's uniqueness. I'm very optimistic about this project!

[Darsons]

for what audience is this project intended?

Thank you for your question.
For anyone who lends to or borrows from other people. At a certain stage of our life we believe most of us do this.

[Darsons]

This project appears unique. It seems to be a good project to invest in due to it's concept... Have there been any plans on the exchanges to get listed on? Because this will play a significant role in the explosion of this project.

Thank you very much for your question. We plan to be listed on exchanges Bittrex, Openledger, Polonex

[koralan]

I see this as a reliable cryptographic trading system using Blockchain technology. Using this platform will create a new approach to loans between lenders and borrowers. All procedures are based on smart contracts. High security, fast transaction speed, low transaction fees and special interest rates are lower than banks ... Surely there will be a lot of investors pay attention. But I still worry about the specific solution for the borrower to repay?

[SpyGUy]

Seems too many financial ICO is ongoing. I'm very interesting, what is the difference of this project against others?

[sbenwal834]

I wish good luck to the developers.
Absolutely amazing project with huge perspectives.
So, we all can get maximum benefit from this project.

[Darsons]

the sphere of loans is already too much in demand. Considering that the team is not particularly strong, I think there is not much chance

Thank you very much for your comment. The Lendsbay team has a lot of experience specifically relevant to the project: consumer loans, risks, financing. This is very different from many other projects where people have no previous experience or track record in their project area. Our founders and advisors have over 40 years of banking work experience both in the UK and Russia, including in the areas of IT, risks, corporate finance, over 10 years in retail/consumer risks in one of the larger and more innovative European banks.

[Darsons]

I see this as a reliable cryptographic trading system using Blockchain technology. Using this platform will create a new approach to loans between lenders and borrowers. All procedures are based on smart contracts. High security, fast transaction speed, low transaction fees and special interest rates are lower than banks ... Surely there will be a lot of investors pay attention. But I still worry about the specific solution for the borrower to repay?

Thank you very much for your comment. The borrower credit rating within the Lendsbay ecosystem will indicate his/her ability to repay based on traditional credit costing data, relatively new type of data sources such as telecoms and internet search engines, as well as proprietary proximity rating. Although no one can guarantee the 100% loan repayment, we plan to propose to LendsBay users insurance and diversification mechanisms, on top of the credit rating.

[Darsons]

Seems too many financial ICO is ongoing. I'm very interesting, what is the difference of this project against others?

Thank you very much for your question. The main difference is  that the Lendsbay ecosystem is all about the users (borrowers and lenders) mutual needs and benefits, not about the system lending to someone or borrowing from someone. We focus on the market segment where people lend to and borrow from each other. For the LendsBay app to start working, we do not need to accumulate any critical mass, any borrower and lender can start using the app to record, administer and contract the loan. In addition, we provide a platform for developing an international credit history bureaux.

[Darsons]

For this to work it needs mass promotion in the mainstream. If you want to lend money to say a friend, chances are the friend will need to know about the app.

Thank you very much for your comment. Both lenders and borrowers benefit from recording their loans via the app than otherwise. Lenders feel more secure because the loan is not only recorded, but that there is an enforceable contract in place. The borrowers benefit because if they repay the loan, which good borrowers tend to do, the the fact of the repayment will be added to their credit history. The potential borrowers will be able to request loans from potential lenders via the app and the lenders will find out via such a request about the Lendsbay app. We intend on making the app very easy and intuitive to use and rely on high word of mouth popularity of the app

[@tomasdicri]

this project will make our life easier in the future!