Prepare for takeoff......Credence Coin will be launching its Lending Platform in the next couple of weeks. The coin is 4 dollars right now and the site isn't even up. The dev team has been awesome and continue to give updates to everything going on. They are sticking by everything they say and they are actively working with the investors. Have you seen any other Lending Platform do this? I haven't. They have just posted on their twitter last night:
And here is an update posted on their Bitcoin Forum:
https://bitcointalk.org/index.php?topic=2254173.msg22797891#msg22797891
Hi All quick update.
Work is progressing on the site, Front end and log in/Sign up and all pop-ups and main pages including lending/referral/exchange/support etc are all completed. So apart from a few tweaks and final proof reads the graphics and front end part of the site is complete, we will still need to test functionality of course once the back end is completed but the designs we think look good, they are crisp, not bloated and the site is easy to navigate.
So we are now 95% focused on getting the back end completed and are still on track. By the end of this week or very early next week we will give you a more technical update on where we are at with the back-end of the site.
As we have Tweeted over the last few days we notice that the amount of CRDNC for sale has dropped considerably and as you would all know the price has been steadily rising and as others have mentioned it is organic growth. So we are happy to see that our support level is rising as far as price goes even though there will be some who day trade and some whales may dump at certain points to take profits overall it appears that most people are either buying or holding, which with a limited supply coin is a good thing.
Another thing we should point out is if you check the top 100 on the BE the 4M Premine amount has not changed, we have not staked any of those coins and they are in off-line wallets to allow more network weight to early investors prior to launch.
For those concerned about staking and not seeing coins, you do not need to run your PC 24/7 and you will get 20% per year staking rewards for your coins no matter how many you have, but if you do run the wallet for staking a few hours a day you will see them faster as the whole premise of staking is you are rewarded for supporting the network by having open connections.
Great to see we reached over 100 pages here, although we notice as many of you are now noticing our thread is being Spammed by others, if they do this please hit the report button and if the Moderators get enough reports of Spam hopefully some will be removed.
That is about all we can update you with at this stage, expect to see some more updates as we get closer to our targeted completion date of the 29th of this Month. Then all going well once the site is finished we will be conducting load testing, vulnerability testing, penetration testing, etc.
Final note thank you to all who have supported Credence Coin thus far and as work continues we can see there are some who have little patience, as we have said several times we are on track with our road map and it is more important to get it right 100% the first time than to have to shutdown and conduct maintenance.
We are well aware that as Crypto enthusiasts and investors ourselves nothing in Crypto scares people more than visiting a site which they have invested money in and seeing it not operational or down for an unexplained reason.
We cannot promise this will never happen with Credence Coin but we can promise we will do everything prior to release to mitigate the chances of unplanned down time happening.
Thank You
Credence Coin
