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

[Anilbg]

Sudden jump in investment raised in last one day. 32k to 60k now. Seems like project is getting traction now and start picking up pace. Fingers crossed.

Seriously?? That's just 4k shy of a 100% increase. That's a great achievement in a short while. Guess thru is was a single investor cause I really would be surprised and amazed if they say its not a single investor

I won't be supposed if the sale spike was caused by a single investor who was impressed with LendsBay project and wants to make an impact on the sales.

I think the sale is still on the private phase. So it is expected that massive numbers would be put all at once. this would depend on how the talks are going with private investors.

It's almost two weeks since pre-sales started, but tokens sale is going bit slow than what I was expecting. I think LendsBay should do something about marketing. No social media bounty, no blog or video published by team.

I've mentioned it before, many investors still need to do the KYC, so the Progress bar is not up to date.
I'm sure the counter will soon be over the softcap

KYC usually takes long time. It depends on investors, how fast they are going to submit KYC documents.

[Nathan01]

very helpful project. but how you control your lenders and the assurance that they are capable to lend

I think before one is deem fit to lend a vetting process is conducted, which will containing certain documents to prove ones net value and banking credibility will be considered as well.

The vetting process is very important and necessary.. Lendsbay being able to identify authentic documents from fake should be their main focus point.

Which will be very herculean since we are dealing with policy and regulations of different nations if they are looking at going full global someday

[CryptoBeefy]

They showed already some screenshots of the app in their telegram channel. Looks very good. I can not link to the pictures, but you can see for yourself: https://t.me/lendsbaychat

Wow, they are really cool. I can't wait to see the platform fully functional. Its certainly going to make huge impact on human society

in a few days the beta should be released, then we can get a first impression
And just test how easy we can lend money. I think it will be very easy

Judging by the screenshot I would sure think it's going to be easy to use and lend money ... Be great to test it out though for sure

[em777]

very helpful project. but how you control your lenders and the assurance that they are capable to lend

I think before one is deem fit to lend a vetting process is conducted, which will containing certain documents to prove ones net value and banking credibility will be considered as well.

The vetting process is very important and necessary.. Lendsbay being able to identify authentic documents from fake should be their main focus point.

I think in this process,  LendsBay need to verify both borrower and lender. Here lenders taking big risk than borrower, because it's lender who going to loose more (if borrower don't pay back).

In such kind of platform verification is very important and I would love if they ensure very borrower and lender are verified

[mt55]

That isn't really the dream scenario from a privacy perspective, but most likely the way to go if they want to offer their services globally.

[Ace44]

Sudden jump in investment raised in last one day. 32k to 60k now. Seems like project is getting traction now and start picking up pace. Fingers crossed.

Seriously?? That's just 4k shy of a 100% increase. That's a great achievement in a short while. Guess thru is was a single investor cause I really would be surprised and amazed if they say its not a single investor

Just gaining steam I think it will continue to ramp up over the next few days as people take note of the project and realize what it actually is, the projects trying to do something that really makes sense

Yeah, I agree with you lendsbay is solving real problem it just a matter of publicity once a lot of people get to know about it I believe a lot of turn around  will ensue

Publicity is mandatory for anything that wish to sell, cause if no one knows you and what u do, trust me, you can't sell anything. Your sale depends on the amount of knowledge the people know about you.

Yea, publicity is very necessary in ensuring the smooth operation of any project, i believe people will embrace this project because of the problem that they tend to solve but first is for LendsBay to do the needed things, ensuring that the community trust them by been proactive, maintaining integrity and the rest will be a smooth sailing

[Zombie259]

very helpful project. but how you control your lenders and the assurance that they are capable to lend

I think before one is deem fit to lend a vetting process is conducted, which will containing certain documents to prove ones net value and banking credibility will be considered as well.

The vetting process is very important and necessary.. Lendsbay being able to identify authentic documents from fake should be their main focus point.

I think in this process,  LendsBay need to verify both borrower and lender. Here lenders taking big risk than borrower, because it's lender who going to loose more (if borrower don't pay back).

In such kind of platform verification is very important and I would love if they ensure very borrower and lender are verified

Verification is indeed very important, especially in the Lending area. But I think the transparency of the Blockchain technology can ensure, that the data of the participants are verified and correct.

[gee777]

They showed already some screenshots of the app in their telegram channel. Looks very good. I can not link to the pictures, but you can see for yourself: https://t.me/lendsbaychat

Wow, they are really cool. I can't wait to see the platform fully functional. Its certainly going to make huge impact on human society

in a few days the beta should be released, then we can get a first impression
And just test how easy we can lend money. I think it will be very easy

Judging by the screenshot I would sure think it's going to be easy to use and lend money ... Be great to test it out though for sure

I hope the beta platform gets released soon. It's nice seeing screenshots of the beta app. It is surely going to calm some nerves.

[phantam]

Sudden jump in investment raised in last one day. 32k to 60k now. Seems like project is getting traction now and start picking up pace. Fingers crossed.

Seriously?? That's just 4k shy of a 100% increase. That's a great achievement in a short while. Guess thru is was a single investor cause I really would be surprised and amazed if they say its not a single investor

Just gaining steam I think it will continue to ramp up over the next few days as people take note of the project and realize what it actually is, the projects trying to do something that really makes sense

I do agree with you, with the progression comes sudden rise in investment, probably the community has started seeing the needed impact that this project tends to offer to investors, its really an opportunity to get funds for our various needs once they judiciously follow their roadmap and get established into the minds of the community

I think it’s also people realizing what the program actually is and realizing it’s not one of the “loan” and earn x% per day projects that was so bullshit last year it’s a p2p lending platform that actually has demand and makes sense

[cerceveligozluk]

LendsBay Credit ecosystem for trusted financial transactions between people based on transparency and blockchain technology. I believe in this project and I see its a reliable platform, using this platform will bring a good working relationship between lenders and borrowers.

[Darkoth89]

Sudden jump in investment raised in last one day. 32k to 60k now. Seems like project is getting traction now and start picking up pace. Fingers crossed.

Seriously?? That's just 4k shy of a 100% increase. That's a great achievement in a short while. Guess thru is was a single investor cause I really would be surprised and amazed if they say its not a single investor

Just gaining steam I think it will continue to ramp up over the next few days as people take note of the project and realize what it actually is, the projects trying to do something that really makes sense

I do agree with you, with the progression comes sudden rise in investment, probably the community has started seeing the needed impact that this project tends to offer to investors, its really an opportunity to get funds for our various needs once they judiciously follow their roadmap and get established into the minds of the community

I think it’s also people realizing what the program actually is and realizing it’s not one of the “loan” and earn x% per day projects that was so bullshit last year it’s a p2p lending platform that actually has demand and makes sense

haha, I remember there was one called coince or something that offered like 180% return on your investment. And i agree hopefully lendsbay will be a step in the right direction to legitimise lending on the blockchain.

[ganeshramk]

Sudden jump in investment raised in last one day. 32k to 60k now. Seems like project is getting traction now and start picking up pace. Fingers crossed.

Seriously?? That's just 4k shy of a 100% increase. That's a great achievement in a short while. Guess thru is was a single investor cause I really would be surprised and amazed if they say its not a single investor

Just gaining steam I think it will continue to ramp up over the next few days as people take note of the project and realize what it actually is, the projects trying to do something that really makes sense

I do agree with you, with the progression comes sudden rise in investment, probably the community has started seeing the needed impact that this project tends to offer to investors, its really an opportunity to get funds for our various needs once they judiciously follow their roadmap and get established into the minds of the community

It's difficult to know if this is new investment or old one. I mean there is no Info about 230k tokens subscription which was there before this pre-sales starts. And KYC was pending for that 230k amount.

230k which you have sent earlier is a provisional figure who registered for buying the tokens with 50% discount. They have certain time period to sent their eth to get their tokens. This figure that you see is the real number of tokens sold as of now.

[Stark_Naked9]

Looks decent, especially the team. 
Haven't taken part in any Russian project but this could be the time.

[Nathan01]

They showed already some screenshots of the app in their telegram channel. Looks very good. I can not link to the pictures, but you can see for yourself: https://t.me/lendsbaychat

Wow, they are really cool. I can't wait to see the platform fully functional. Its certainly going to make huge impact on human society

in a few days the beta should be released, then we can get a first impression
And just test how easy we can lend money. I think it will be very easy

Judging by the screenshot I would sure think it's going to be easy to use and lend money ... Be great to test it out though for sure

It sure would or rather it should judging by the scope of the project and what it entails, simplification is very key here, you don't want to have peeps all confused about their financial dealings

[Burmik123]

It seems to me that there are too many crypto projects that plan to work in the sphere of crediting. But I'm ready to give a chance to this project if the developers try. For example, I'm very interested in how the team will advertise its project on the CIS and Asia markets. Because in the CIS trust credits is very common. Thanks.

[Darkoth89]

It seems to me that there are too many crypto projects that plan to work in the sphere of crediting. But I'm ready to give a chance to this project if the developers try. For example, I'm very interested in how the team will advertise its project on the CIS and Asia markets. Because in the CIS trust credits is very common. Thanks.

Those are some good points, there have been alot of crypto projects based around lending and earning a % per each day, but I don't think any like Lendsbay yet.  It might be worth joining their telegram channel and asking the marketing query:  https://t.me/lendsbaychat

[phantam]

It seems to me that there are too many crypto projects that plan to work in the sphere of crediting. But I'm ready to give a chance to this project if the developers try. For example, I'm very interested in how the team will advertise its project on the CIS and Asia markets. Because in the CIS trust credits is very common. Thanks.

Those are some good points, there have been alot of crypto projects based around lending and earning a % per each day, but I don't think any like Lendsbay yet.  It might be worth joining their telegram channel and asking the marketing query:  https://t.me/lendsbaychat

That’s what the difference is thiser we’re scam Ponzi schemes with unrealistic returns these are self controlled micro loans between people the platforms just a tool for accomplishing it in the case of lendsbay

[faulerwilli]

It seems to me that there are too many crypto projects that plan to work in the sphere of crediting. But I'm ready to give a chance to this project if the developers try. For example, I'm very interested in how the team will advertise its project on the CIS and Asia markets. Because in the CIS trust credits is very common. Thanks.

I've also noticed that there are many projects in this area. But after a little closer research I find that there are at most 2-3 projects with good chances. One of them is Lendsbay. the future will show if I'm right or not

[jamzzz123]

It seems to me that there are too many crypto projects that plan to work in the sphere of crediting. But I'm ready to give a chance to this project if the developers try. For example, I'm very interested in how the team will advertise its project on the CIS and Asia markets. Because in the CIS trust credits is very common. Thanks.

I've also noticed that there are many projects in this area. But after a little closer research I find that there are at most 2-3 projects with good chances. One of them is Lendsbay. the future will show if I'm right or not

Lendsbay are looking pretty unique and I haven't seen a project like this with the goals in mind they have

[ethtrader16]

Sudden jump in investment raised in last one day. 32k to 60k now. Seems like project is getting traction now and start picking up pace. Fingers crossed.

Seriously?? That's just 4k shy of a 100% increase. That's a great achievement in a short while. Guess thru is was a single investor cause I really would be surprised and amazed if they say its not a single investor

I won't be supposed if the sale spike was caused by a single investor who was impressed with LendsBay project and wants to make an impact on the sales.

I think the sale is still on the private phase. So it is expected that massive numbers would be put all at once. this would depend on how the talks are going with private investors.

To continue this project, they need to be raised total 250K in Pre-ICO? Because only 22 days remains and they just got almost 25% funds. If they will not reach their pre ICO target then what's steps they need to be taken?