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Ber86 (OP)
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July 09, 2022, 06:50:16 PM
Last edit: July 02, 2023, 08:08:58 PM by Ber86
 #1

Good afternoon, I hereby request a loan.  As we have no collateral to present, we are willing to mortgage a part of our project, it is one of the solutions to make it viable.  Please do not condemn our action or our loan request as we are trying our best.

 Adonx Exchanger is a CEX, with unique features, the project was architected 1 years ago, and has been developed in the last few months, we are in the final pre-launch phase.  We have faced many challenges, but we are not willing to give up.  Adonx is the platform's token is an ERC-20 with a supply of 21 million tokens.

 We did an ICO, and an IEO, with low participation in 2021, in which we raised approximately 20ETH, in total we sold about 300k Adonx tokens.  The funds have been used to fund the platform.

You can check more about Adonx token here on Bitcointalk thread: https://bitcointalk.org/index.php?topic=5320459.0



 The proposal then is as follows, we can provide the following conditions as an investment or loan.

 5BTC/100000USDT loan for a period of one year with a waiting period of 6 months, as below:

 Loan Amount: 5wBTC/100000USDT

 Reason for Taking out a Loan: Business Adonx CEX( launching in a few days from loan)

 Amount to be repaid: Same amount in BTC + the fees and interest to agree upon in BTC

 Repayment Date: after 6 months as follows:
 January 1.10BTC + 25000 Adonx
 Febuary 1.10BTC + 25000 Adonx
 March   1.10BTC + 25000 Adonx
 April       1.10BTC + 25000 Adonx
 May       1.10BTC + 25000 Adonx

 Type of Collateral: Adonx 2500000 (12% Supply)
 wBTC Address for loan (5BTC): 0xF0d71c4BA1aE0bd305dCD28f00c8EAC118eaDc71 (our smartcontract address for usdt/wBTC)

 Adonx Address (return after loan (2375000 Adonx)): 0xF0d71c4BA1aE0bd305dCD28f00c8EAC118eaDc71



 Repaying earlier keeps interest ie 0.50BTC Interest plus 125000 Adonx, If the funds have not been paid on the respective date/order, you have the consent and right to partially or fully liquidate the total amount of 2500000 Adonx.

 Please note that we ask for a waiting period of 6 months to consolidate the platform in the market. The funds will be used for launch marketing, fund the platform in the waiting period.

 In addition to these advantages, we offer the investment/loan a percentage of our business/volume/fees, 5% until we clear off the loan (for loan) and for investor 5% not limited to be paid monthly.

 For more references you can check

 Platform Progress
 https://ibb.co/nbS7W5T
 https://ibb.co/YP61qzP
 https://ibb.co/NLzVTdJ
 https://ibb.co/ygmcmDQ

 Whitepaper:
 https://docdro.id/SMyKQXZ


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alterra57
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July 09, 2022, 07:16:40 PM
 #2

Hey mate,

I'd gladly help as I love helping people who build in this space but to be completely honest, this is dangerous for me. There is no guarantee that money will ever come back to me and the only collateral you're providing is worthless, no offense. There is no guarantee this project will succeed or that you will not run away with that money.

- alterra57

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July 09, 2022, 07:27:45 PM
 #3

Hey mate,

I'd gladly help as I love helping people who build in this space but to be completely honest, this is dangerous for me. There is no guarantee that money will ever come back to me and the only collateral you're providing is worthless, no offense. There is no guarantee this project will succeed or that you will not run away with that money.

- alterra57

Hello alterra57, thanks for the your feedback, I understand the risks, regarding run away, we are here, as always in the lows, and highs, we already have faced hard times due low resours, but we have and will not abandon the ship, what ever it takes. I understand you are afraid of risk, if you want we can talk on telegram @AJesuss. Big risk always are big profit. Sorry I can't offer another colleteral, if I had, I had invest on the project. But I can guarrante you that we will list for trade.
Also you can book a call with us.

Let me know


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July 10, 2022, 08:07:09 AM
 #4

What's collateral? I'm not sure about token or Your  whitepaper/milestones  could  be some collateral as reasonable.
There is must be something have valued  as universal  not based Your opinion (Your tokens.

I just curious, how possible You can guarantee able to paid monthly?
There total 10% interest for  6month,  totally huge.  doesn't   You better get  some loan  to  bank? You can get less interest.

If you're focus  on  looking some fund, You should be find an investor not lending.
Ber86 (OP)
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July 10, 2022, 10:55:03 AM
 #5

What's collateral? I'm not sure about token or Your  whitepaper/milestones  could  be some collateral as reasonable.
There is must be something have valued  as universal  not based Your opinion (Your tokens.

I just curious, how possible You can guarantee able to paid monthly?
There total 10% interest for  6month,  totally huge.  doesn't   You better get  some loan  to  bank? You can get less interest.

If you're focus  on  looking some fund, You should be find an investor not lending.

The repayment will be done platform profits.


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July 11, 2022, 08:19:18 AM
 #6

Quote
If the funds have not been paid on the respective date/order, you have the consent and right to partially or fully liquidate the total amount of 2500000 Adonx.

there are zero guarantees here. Also if you have a problem with solvency, your token will be worthless
5 BTC for marketing is a huge amount, especially at the moment when you have empty collateral, which is necessary for the operation of the service.

The repayment will be done platform profits.

this seems to be much more optimistic than it is realistic. From zero to 1.1+ BTC monthly in just a few months is quite an unrealistic expectation.
Also, what is the worth of the Adonx token? The ICO price is never a real relation to the true value, it is always at least 3-5x overestimated. Plus this token needs to be appealing and interesting to investors. Collecting "only" 20ETH through ICO does not give promising potential.


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Ber86 (OP)
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July 11, 2022, 02:03:43 PM
 #7

Quote
If the funds have not been paid on the respective date/order, you have the consent and right to partially or fully liquidate the total amount of 2500000 Adonx.

there are zero guarantees here. Also if you have a problem with solvency, your token will be worthless
5 BTC for marketing is a huge amount, especially at the moment when you have empty collateral, which is necessary for the operation of the service.

The repayment will be done platform profits.

this seems to be much more optimistic than it is realistic. From zero to 1.1+ BTC monthly in just a few months is quite an unrealistic expectation.
Also, what is the worth of the Adonx token? The ICO price is never a real relation to the true value, it is always at least 3-5x overestimated. Plus this token needs to be appealing and interesting to investors. Collecting "only" 20ETH through ICO does not give promising potential.



The 5BTC are not only for marketing, is also to support platform the firsts months. We are asking for a waiting period, to consolidate our business and proceed to the payments. Also we plan to do a last sell off for 1month agaist a wall like yobit does.


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July 12, 2022, 01:08:42 AM
 #8

I don't know much about CEX's (other than they are instant in/out swaps)

Are they just limited to ERC20 (or similar) tokens?  Or, can script coins like sexcoin be added?

(And yes, my question is loan related as I'm guaging the potential of the project your loan application is for)

*Edit* This loan application should be in the "long term loan" section.

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July 12, 2022, 04:25:47 AM
 #9

The repayment will be done platform profits.
When you make a start-up, you won't know it will succeed or fail.

If it succeeds, you will get profit from your start-up. That is a good future and you can pay the loan.
If it fails, you will not get profit from your start-up. So will you be able to pay the loan?

This loan application should be in the "long term loan" section.
Long-term offers, you meant.

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July 12, 2022, 10:08:09 AM
 #10

I don't know much about CEX's (other than they are instant in/out swaps)

Are they just limited to ERC20 (or similar) tokens?  Or, can script coins like sexcoin be added?

(And yes, my question is loan related as I'm guaging the potential of the project your loan application is for)

*Edit* This loan application should be in the "long term loan" section.

Yes, script coins will be supported along with bitcoin clones, also we plan to focus on private coins as they are undervalued


Most this coins can be suppoted with vanity address also, one of our features


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July 12, 2022, 10:12:40 AM
 #11

The repayment will be done platform profits.
When you make a start-up, you won't know it will succeed or fail.

If it succeeds, you will get profit from your start-up. That is a good future and you can pay the loan.
If it fails, you will not get profit from your start-up. So will you be able to pay the loan?

This loan application should be in the "long term loan" section.
Long-term offers, you meant.

It's a risk i know, but with good release and marketing should work, exchanger layout is simple and intuitive, i guess most people will like it


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July 14, 2022, 04:01:53 AM
 #12

Too optimistic, ignoring the possibility of small risks. No back up. No plan  B.
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July 14, 2022, 04:04:49 AM
 #13

It's a risk i know, but with good release and marketing should work, exchanger layout is simple and intuitive, i guess most people will like it
Risk is from your product: code, security, features, UI.

Risk is from competitive exchange market. Lot of exchanges are your competitors.

Security is important because you can improve your UI, products, raise fund but if in mean time, your exchange get hacked because of bad security, your team will bite dust and you will not be able to repay your loan.

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Ber86 (OP)
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July 14, 2022, 12:26:17 PM
 #14

Too optimistic, ignoring the possibility of small risks. No back up. No plan  B.

Yes I'm optimistic, I'm know there is risks, yes we have plan B, we are trying nobody says it gona be easy.


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July 14, 2022, 12:31:38 PM
 #15

It's a risk i know, but with good release and marketing should work, exchanger layout is simple and intuitive, i guess most people will like it
Risk is from your product: code, security, features, UI.

Risk is from competitive exchange market. Lot of exchanges are your competitors.

Security is important because you can improve your UI, products, raise fund but if in mean time, your exchange get hacked because of bad security, your team will bite dust and you will not be able to repay your loan.

Platform it's being desing with security issues in the first place, I can tell you for example that in terms of scaling the platform we will have no problems, we can even beat many large exchangers in this requirement.


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July 15, 2022, 09:24:03 PM
 #16

Thanks for your interest and feedback, I'm closing this topic because we already get funded. Thanks anyway.


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July 23, 2022, 09:41:01 PM
 #17

I have reopen the thread


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July 24, 2022, 12:38:07 AM
Last edit: July 24, 2022, 12:48:29 AM by Timelord2067
 #18

I have reopen the thread

You really need to move this thread to the "Long-term offers" lending section...  Roll Eyes

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July 24, 2022, 11:25:54 AM
 #19

I have reopen the thread

You really need to move this thread to the "Long-term offers" lending section...  Roll Eyes

how do i do that?


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July 24, 2022, 01:28:29 PM
 #20

You really need to move this thread to the "Long-term offers" lending section...  Roll Eyes

how do i do that?
Click on move topic at bottom left corner and choose that child board in the list.

I'm closing this topic because we already get funded. Thanks anyway.
Just 12 days ago, you wrote that you got funded and no need this big loan.

Honestly, I bet 100% that you won't get such big loan in this forum.

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