GM crypto fam, wanted to ask you about your favorite projects on this regard. In the past years some projects have tried to lend while having the handicap of liquidating the borrowers or having interest rates. New projects are emerging recently, such as Lendscape that offer zero interest rates and no liquidation. Do you know any other projects with this features?
I have seen ETHLend and SALT and another probably failed project like Meridian and Debitum capital which got sold off. If you ask me, all these projects failed to get enough attention because there already exists lending platforms in the fiat market which cater to majority of the population both borrowers and lenders.
Personally I like being a loan shark myself and have interest in such companies and therefore have been watching them for sometime. Least to say, I was eventually disappointed by the way they crumbled. I think the only legit and feasible op is running your own P2P lending scheme on a site/forum, get some regular customers and grow from that to a bigger operation. Sharks are already doing that in this forum and other places like Reddit.
