[ANN] AssetStream-The Global Decentralized Peer To Peer Microfinance Platform

[chimesonyia]

AssetStream creates one of the safest microcredit-based investment methods. I think it will be a very popular service.

AssetStream make lending one of the safest investment methods.

It will be beneficial for all market players. I think they will succeed.

Risks remain always, as the borrower even in the presence of the smart contract can not return the money.

Nevertheless, AssetStream is officially registered and can work through the court.

[ngecezt]

Congratulations! AssetStream ICO rating by ICOnow 84/100.

https://iconow.net/icosource/logo/84.png
Business: 19/20
Product readiness: 4/5
White Paper: 8/10
Roadmap: 7/10
Legal: 5/5
Team: 18/20
ICO terms: 2/5
Token applying: 5/5
ICO Promotion: 16/20

ICO terms: 2/5

What is wrong with ICO terms?

The ICO is very successful and the pre-sale and first round of the ICO have already been closed.

What are the disadvantages you found in the ICO terms?

In my opinion, this is one of the most successful ICOs which is held in 2019.

The microfinance business has always been and will be popular, and with the integration of smart contracts it will also become safe.

[venezuela]

How many rounds of investment collection is provided?

What is the bonus for the current and next round?

I like your project, but I'm still thinking about investments

[gsnvun]

You want to open branches in Thailand and Vietnam to issue cash loans, but you need to create your credit card to quickly grow your business.

This decision should be made by the project team. I think they discuss many ideas, but not all ideas can be easily realized as it seems at first glance.

The community should participate in the discussion of the project in order to identify weaknesses and eliminate them.

Lack of debit cards for lenders and borrowers may adversely affect the project.

[MAK1988]

You have indicated that 12% of tokens are directed to product development.

Does this mean that your developers get paid in AST tokens?

[deancan]

In November, are you planning to launch the platform, and in December will lenders receive their first payments? It's great that you don't postpone development for a long time.

The lending platform will be available immediately after the ICO. However, the transition to the blockchain and transactions through a smart contract will be tested only in the first quarter of 2020.

That is, the first time loans will be issued without a smart contract?

How safe is it for the lender and the borrower?

[coltremo]

Congratulations! AssetStream ICO rating by ICOnow 84/100.

https://iconow.net/icosource/logo/84.png
Business: 19/20
Product readiness: 4/5
White Paper: 8/10
Roadmap: 7/10
Legal: 5/5
Team: 18/20
ICO terms: 2/5
Token applying: 5/5
ICO Promotion: 16/20

Wow Business: 19/20

This confirms once again that experts believe in P2P lending, which will be a very popular business in the next 10 years.

This assessment shows that the lending market is growing from year to year and we will observe that people need fast and secure loans.

[EasyBitcoiner682]

Will there be a period of blocking tokens after ICO?

What period of blocking will be applied for investors and for members of your team?

[kawruk]

Judging by the reviews on YouTube, investors from many countries show interest in the AssetStream project. This is confirmed by successful token sales.

Apparently, what happens around AssetStream we can get a new business giant.

The project shows that it knows how to develop the project correctly and achieve success.

The project is developing at a rapid pace. Despite the fact that the assetstream team does not have big names, the project is well positioned at the ICO stage

[chimesonyia]

All round 1 tokens were sold?

I see that tomorrow will start 2 round and the bonus for investors is already much less

The second round has already begun today and 56 million tokens have already been sold. I'm surprised at how quickly assetstream tokens are sold.

Sales are very active and more than 190 million tokens have already been sold. I think tomorrow round 2 will be closed successfully.

[venezuela]

What percentage of borrowers do not regularly repay loans? What is the standard term for litigation?

Who pays the legal fees?

[gsnvun]

Will mobile apps launch in early 2020?

Will applications work in a p2p system? I think that the main target audience is smartphone users.

Of course, the AssetStream platform will work through the blockchain. Lending will be carried out through smart contracts stellar

I am an investor in stellar and I like their technology, which they use in the blockchain.

Transactions are very fast and cheap. This is what micro lending needs.

I agree with you. stellar is one of the most progressive blockchains.

Smart contracts have virtually no errors, and the blockchain can be easily scaled

[MAK1988]

Where can I see reviews of your project on reputable media? I am interested in the media dedicated to cryptocurrency and blockchain

[deancan]

Do you keep cryptocurrency or convert investments into fiat funds to avoid the risk of cryptocurrency volatility?

I think that all investments are kept stable coins (such as USDT).

The project will not risk investor money in such a volatile market.

I think that now you can store cryptocurrency, because the market is going to grow.

Today, AssetStream has raised $ 4 million, and tomorrow this amount can grow to $ 10 million

[coltremo]

I saw that you have a release on the site news.bitcoin.com. Is this a paid article?

I trust this resource, and the author has written very positively about your project. https://news.bitcoin.com/how-crypto-based-microfinance-benefits-small-businesses/

[EasyBitcoiner682]

What is the maximum and minimum annual income that a lender can receive?

The monthly income of the lender can be from 0 to 4% per month.

This means that the profit from ready-made investments will be 48%!

This means that the annual income of the investor will be from 9 to 48 percent!

I think the amount of income can be both more and less

If you set an extremely high interest rate, then no one will take a loan from you. But in general, income will vary by up to 30% per year.

30% of the profit per year will not come from any bank or other financial institution without high risk.

AssetStream is a combination of security and profitability of investments.

AssetStream also does not guarantee a profit of 30%, but even a minimum of 9% is enough to become the best projects for investment in combination with security

[kawruk]

How will you inform people who do not use banking services about the possibility of obtaining a loan on your platform?

[chimesonyia]

Decentralized credit company will be popular, because investors are always looking for safe projects to invest.

AssetStream borrowers get low-interest loans

Lending has always been interesting for investors, but previously it carried huge risks.

AssetStream minimizes risks and makes it possible to earn

It would be impossible without the blockchain and smart contracts.

Smart contract gives cheap and fast transactions and guarantees the security of the transaction

[gsnvun]

Date: June 6, 2019
Payout: 700.51 USD
Contributors: 1,177m

Does this mean that yesterday 1177 platform users earned 700 dollars?

[MAK1988]

If a bank refuses my loan, I become a hostage of the system and the state in which I live. AssetStream allows you to take loans to everyone

Banks refuse to issue a loan to 20% of those who apply. This is based on a credit rating (or lack thereof).

AssetStream gives a chance to anyone to get a loan.

I have always used banks and I always had a lot of money in my account.

But when I turned to the bank I was offered a maximum loan amount of $ 20.

If you have never used credit funds, the bank will not give you a large loan. It will increase gradually.

This is the advantage of AssetStream. You can take a loan for any, even if you have never taken a loan before.

You do not need to provide bank statements, etc.

As far as I know, AssetStream requires a bank statement for the last 3 months.

This is necessary to start working on the platform, since users do not have a credit rating.

Why do they require a bank statement for the last three months?

A very strange decision from the AssetStream team, because they are struggling with the banking system

Where did you find this information? I hear for the first time that in order to receive a loan I will need to provide a bank statement for the last 3 months.

It's true?

This information was written by an expert in his review on the tracker icobench

He pointed out that AssetStream requires a bank statement for the last 3 months