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Author Topic: ⚡️⚡️⚡️[ANN] [PRE-ICO] LendsBay | Credit ecosystem  (Read 7829 times)
Nathan01
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July 13, 2018, 05:36:51 PM
 #1101

Lendsbay seems great and promising project to join with excellent blockchain technology innovation to decentralized lending market. Great project description, concept and utility. This project has great potential to succeed, looking forward further for the full implementation.

How great is it that after successfully repaying a loan both parties are rewarded with Lendsbay tokens. This encourages people to use the platform because they get an additional bonus.

I'm sure there will be groups who lend money to each other just to earn tokens. Hopefully Lendsbay will find a solution to prevent this

"Fake or fraudulent activity will be dealt with by fraud prevention mechanism. Any artificial pumping of the credit rating will be limited by the credit rating algorithm" Kristina Shilova on the Lendsbay telegram group.

They should really stay untop of this as it give a bad name to the company if they let any of such things slide, close scrutiny and security should be implored

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CryptoBeefy
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July 13, 2018, 06:09:41 PM
 #1102

Lendsbay seems great and promising project to join with excellent blockchain technology innovation to decentralized lending market. Great project description, concept and utility. This project has great potential to succeed, looking forward further for the full implementation.

How great is it that after successfully repaying a loan both parties are rewarded with Lendsbay tokens. This encourages people to use the platform because they get an additional bonus.

I'm sure there will be groups who lend money to each other just to earn tokens. Hopefully Lendsbay will find a solution to prevent this

That is indeed a big incentive to use the LendsBay platform, if both parties will get rewards in form of LendsBay tokens. I think the team is aware to prevent fraudulent use of the lending platform.

That is a good thought - if there are groups who are able to lend money to each other and earn tokens from doing so

I'd like to think the LendsBay team have thought about this and would make sure they have provisions put in place to prevent this kind of activity
Mrbee
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July 13, 2018, 06:41:24 PM
 #1103

I've been following you on Twitter and, gotta say, your latest write-up, "Scoring yesterday, today and tomorrow", it was amazing. So well-written I kinda had to re-read it a couple of times, hahaha, I'm a big fan of your project, by the way.
chan001
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July 13, 2018, 07:14:48 PM
 #1104

I've been following you on Twitter and, gotta say, your latest write-up, "Scoring yesterday, today and tomorrow", it was amazing. So well-written I kinda had to re-read it a couple of times, hahaha, I'm a big fan of your project, by the way.


I don't know which article you are referring to? May be I missed it, could you please share the link here ?
RyCriptoC
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July 13, 2018, 07:18:52 PM
 #1105

Lendsbay seems great and promising project to join with excellent blockchain technology innovation to decentralized lending market. Great project description, concept and utility. This project has great potential to succeed, looking forward further for the full implementation.

How great is it that after successfully repaying a loan both parties are rewarded with Lendsbay tokens. This encourages people to use the platform because they get an additional bonus.

I'm sure there will be groups who lend money to each other just to earn tokens. Hopefully Lendsbay will find a solution to prevent this

That is indeed a big incentive to use the LendsBay platform, if both parties will get rewards in form of LendsBay tokens. I think the team is aware to prevent fraudulent use of the lending platform.

That is a good thought - if there are groups who are able to lend money to each other and earn tokens from doing so

I'd like to think the LendsBay team have thought about this and would make sure they have provisions put in place to prevent this kind of activity

I think so, LendsBay team might already know such activities can happen and they might have mechanism to deal with such cases.
iphy6013
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July 13, 2018, 08:29:50 PM
 #1106

I've been following you on Twitter and, gotta say, your latest write-up, "Scoring yesterday, today and tomorrow", it was amazing. So well-written I kinda had to re-read it a couple of times, hahaha, I'm a big fan of your project, by the way.


I don't know which article you are referring to? May be I missed it, could you please share the link here ?

Yeah I'll like to take a glimpse of it also, the way you describe the feel you got after reading it makes me wanna read it.
faulerwilli
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July 13, 2018, 08:45:59 PM
 #1107

Only 15 days left in the pre-ico, and the token price has already risen to $ 0.32. So we are already nearly 30% above the cheapest price at the beginning of the Pre-ICO. One should get in early, before it gets too expensive
nesh1
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July 13, 2018, 08:47:22 PM
 #1108

I've been following you on Twitter and, gotta say, your latest write-up, "Scoring yesterday, today and tomorrow", it was amazing. So well-written I kinda had to re-read it a couple of times, hahaha, I'm a big fan of your project, by the way.


I don't know which article you are referring to? May be I missed it, could you please share the link here ?

Yeah I'll like to take a glimpse of it also, the way you describe the feel you got after reading it makes me wanna read it.
I looked up on their Twitter and found the article he was talking about, make sure to read it i understand now what you liked about it, here is a link to the article: https://medium.com/@lendsbayio/scoring-yesterday-today-and-tomorrow-ca33effeb128.
Ace44
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July 13, 2018, 09:23:16 PM
 #1109

Lendsbay seems great and promising project to join with excellent blockchain technology innovation to decentralized lending market. Great project description, concept and utility. This project has great potential to succeed, looking forward further for the full implementation.

How great is it that after successfully repaying a loan both parties are rewarded with Lendsbay tokens. This encourages people to use the platform because they get an additional bonus.

Just hearing about this for the very first time, which is very thoughtful of them and a means to boost the value of the token significantly and it shows there level of competence and a sign of there years of experience in the field, that's one sure thing to note about this project, i see good reasons why this project will meet its target  
Owillz
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July 13, 2018, 09:49:57 PM
 #1110

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

These are good ratings. For those who need ratings like this base there decisions on, I think this will help them a lot. But it's still nice you DYOR though.
phantam
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July 13, 2018, 10:52:25 PM
 #1111

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

These are good ratings. For those who need ratings like this base there decisions on, I think this will help them a lot. But it's still nice you DYOR though.

Well said a quality number of good reviews normally nmeans it’s a project deserving of a closer look so you should really start looking into it and see if it is a proj ct that passes your own scratch test and if it’s in a niche you like
em777
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July 13, 2018, 11:17:28 PM
 #1112

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

Yeah.. It seems they are loved by this ico review sites but i would advice interested parties to do their own research anx make decisions based on that. Review sites should just  be s starting point.
yeah, i totally agree with you i don't usually trust review sites but notwithstanding the rating will attract more investors

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iphy6013
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July 13, 2018, 11:42:25 PM
 #1113

I've been following you on Twitter and, gotta say, your latest write-up, "Scoring yesterday, today and tomorrow", it was amazing. So well-written I kinda had to re-read it a couple of times, hahaha, I'm a big fan of your project, by the way.


I don't know which article you are referring to? May be I missed it, could you please share the link here ?

Yeah I'll like to take a glimpse of it also, the way you describe the feel you got after reading it makes me wanna read it.
I looked up on their Twitter and found the article he was talking about, make sure to read it i understand now what you liked about it, here is a link to the article: https://medium.com/@lendsbayio/scoring-yesterday-today-and-tomorrow-ca33effeb128.


Thanks friend much appreciated, I'm glad a community of this sort were folks help each other thanks LendsBay for having a great community here.
ALWASA
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July 13, 2018, 11:49:39 PM
 #1114

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

Yeah.. It seems they are loved by this ico review sites but i would advice interested parties to do their own research anx make decisions based on that. Review sites should just  be s starting point.

I am not sure how important those site are but they have quite a good rating. For me at least it is the last the place I usually check for investments; I like to do my own digging. Well done getting those rating. Many seem to use them in part of their decision.

I think those rating are the basis on how the project is working good according to its own process and on how the team working on it. But doing own research as well can help you to make your own basis as what like others do.


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in
phantam
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July 13, 2018, 11:58:52 PM
 #1115

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

Yeah.. It seems they are loved by this ico review sites but i would advice interested parties to do their own research anx make decisions based on that. Review sites should just  be s starting point.

I am not sure how important those site are but they have quite a good rating. For me at least it is the last the place I usually check for investments; I like to do my own digging. Well done getting those rating. Many seem to use them in part of their decision.

I think those rating are the basis on how the project is working good according to its own process and on how the team working on it. But doing own research as well can help you to make your own basis as what like others do.

Yep a lot of people seem to think good reviews is all that matters but it’s always best to also review the project yourself and read as much as you can especially from the whitepaper which is so much good info
JENREM
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July 14, 2018, 03:10:57 AM
 #1116

Lendsbay seems great and promising project to join with excellent blockchain technology innovation to decentralized lending market. Great project description, concept and utility. This project has great potential to succeed, looking forward further for the full implementation.

How great is it that after successfully repaying a loan both parties are rewarded with Lendsbay tokens. This encourages people to use the platform because they get an additional bonus.

I'm sure there will be groups who lend money to each other just to earn tokens. Hopefully Lendsbay will find a solution to prevent this

"Fake or fraudulent activity will be dealt with by fraud prevention mechanism. Any artificial pumping of the credit rating will be limited by the credit rating algorithm" Kristina Shilova on the Lendsbay telegram group.

They should really stay untop of this as it give a bad name to the company if they let any of such things slide, close scrutiny and security should be implored

I agree on your idea. We know that it is not good to continously let this, because it not only make the name of the company be ruined but also to those who are into it. That's why it is good to make other solution on this matter.
ibininja
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July 14, 2018, 05:58:16 AM
 #1117

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

Yeah.. It seems they are loved by this ico review sites but i would advice interested parties to do their own research anx make decisions based on that. Review sites should just  be s starting point.

I am not sure how important those site are but they have quite a good rating. For me at least it is the last the place I usually check for investments; I like to do my own digging. Well done getting those rating. Many seem to use them in part of their decision.

I think those rating are the basis on how the project is working good according to its own process and on how the team working on it. But doing own research as well can help you to make your own basis as what like others do.

Yep a lot of people seem to think good reviews is all that matters but it’s always best to also review the project yourself and read as much as you can especially from the whitepaper which is so much good info

Interesting; I mean I know there is a fee to be listed in those sites but did not expect it to be that influential. For me I like to trust my own research but I think they do save time for those that don't want to research.

ethtrader16
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July 14, 2018, 06:11:05 AM
 #1118

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

Yeah.. It seems they are loved by this ico review sites but i would advice interested parties to do their own research anx make decisions based on that. Review sites should just  be s starting point.

I am not sure how important those site are but they have quite a good rating. For me at least it is the last the place I usually check for investments; I like to do my own digging. Well done getting those rating. Many seem to use them in part of their decision.
That's great lendsbay have good rating yet. I guess more rating website is available which is good rating with lendsbay. But thanks for this links.
wangxiaoyan888666
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July 14, 2018, 06:22:20 AM
 #1119

It is very appropriate to reconstruct the credit ecosystem using block chain technology. The development space of LendsBay coins is worth investors' expectation.
gee777
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July 14, 2018, 06:57:16 AM
 #1120

Not sure if it's been mentioned before, but i just did a quick Google search of 'Lendsbay' and it's great to see they have some amazing ICO rating scored on the front page!

9.1/10: https://icomarks.com/ico/lendsbay
5/5: https://www.trackico.io/ico/lendsbay/
4.2/5: https://icoholder.com/en/lendsbay-22162
8.4/10: https://foundico.com/ico/lendsbay.html

Yeah.. It seems they are loved by this ico review sites but i would advice interested parties to do their own research anx make decisions based on that. Review sites should just  be s starting point.

I am not sure how important those site are but they have quite a good rating. For me at least it is the last the place I usually check for investments; I like to do my own digging. Well done getting those rating. Many seem to use them in part of their decision.

I think those rating are the basis on how the project is working good according to its own process and on how the team working on it. But doing own research as well can help you to make your own basis as what like others do.

Yep a lot of people seem to think good reviews is all that matters but it’s always best to also review the project yourself and read as much as you can especially from the whitepaper which is so much good info

Sometimes the ratings can be misleading and might cajole the weak into investing in a weak project that might end up as scam. Everyone has to be careful in this crypto world.
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