Lendingblock is an open exchange for cryptocurrency loans, where borrowers and lenders are instantly matched in simple, safe and transparent way. Lendingblock is an agreement and stage designed to enhance the opportunities and support for obtaining and lending within a crypto-budgetary framework that brings monetary benefits of borrowing to a dispersed blockage economy. Lendingblock creates a market and monetary basis for crediting securities in cryptoeconomics.
Features
- Lend Any Digital Asset
- Borrow Any Digital Asset
- Simple and Transparent
- Safe and Secure
Mission
Lendingblock ICO is a convention and stage intended to empower and support acquiring and loaning inside the crypto budgetary framework, bringing the financial advantages of loaning (expanded spending and development, interfacing capital free market activity) to the appropriated blockchain economy, yet limiting the requirement for wasteful delegates that are pointless in the cryptographic resource condition.
Lendingblock is making the market and money related foundation for securities loaning in the crypto-economy. The estimation of securities on credit in the securities loaning commercial center has come to $2trn in 20171, this makes up 12% of all stocks and bonds available for use. It is normal that the market of cryptographic forms of money and computerized resources will take after a comparable advancement in the acknowledge markets for respects to financing yet with a quicker rate of appropriation given the straightforwardness and smoothness of the market.
Lendingblock will be the primary trade for crypto resource sponsored advances that addresses the issues of institutional and individual borrowers and loan specialists in the crypto-economy.
Lendingblock is making an open trade for obtaining and loaning crypto-resources. Holders of advanced resources will have the capacity to produce steady and secure returns without giving up the advantages of possession, and borrowers who hold computerized resources will have the capacity to utilize these computerized resources as guarantee to get at advertise rates to help subsidizing, supporting or contributing strategies.
Benefits
Some of the core benefits of Lendingblock include:
- Cross-Blockchain Value Transfer.
- Users can collateralize assets across different blockchains and accept any digital assets on existing protocols.
- Borrow And Lend Cryptocurrencies.
- Lend your cryptocurrencies to receive interest on your holdings. Or, use them as collateral to secure a loan.
- Track Payments And Portfolio.
- Lendingblock has simple and intuitive tools to track your portfolio of loans and monitor your payments via the app, wallet integration, or API.
- The entire lending process is secured by personalized smart contracts. Those smart contracts make sure the terms of your loan are fully protected.
How it Works
Lendingblock breaks platform users down into either lender or borrower, regardless of whether users are retail or institutional in nature. Lenders using the Lendingblock platform will be able to capitalize on incremental interest income from their asset portfolio without sacrificing the benefits of long-term ownership and will be supported by full collateralization alongside smart contract-executed lending terms.
Borrowers using the Lendingblock platform will access the previously-outlined benefits of asset lending within the cryptocurrency market, but will be able to do so via a platform that offers a transparent pricing and fee structure based on market supply and demand.
Both borrowers and lenders using the Lendingblock platform will be subject to KYC and AML verification and screening in order to ensure the platform remains compliant, and will be able to complete profiles that allow them to specify the nature of the lending or borrowing arrangement they are seeking.
Token
Name: Lending Block
Symbol: LND
Type: ERC-20
Utility Token
Total Supply: 1,000,000,000 LND
Token Allocation: 600 Million
Soft Cap: 5 Million USD
Hard Cap: 10 Million USD
Accepted currency: ETH
Unsold tokens would be burnt
ICO
Pre-Sale
Sale Starts: 15:00 GMT, April 7th
Sale Ends: 15:00 GMT, April 14th
Tokens Allocated (Inc Bonus): 450,000,000 (45%)
Bonus: 20% bonus
No bonus
Lock Up for Bonus Tokens: 30 days
Target / Cap: $7.5m
Effective Price / LND: $0.01666667Main Sale
Sale Starts: 15:00 GMT, April 15th
Sale Ends: 15:00 GMT, April 22nd
Tokens Allocated (Inc Bonus): 100,000,000 (10%)
No bonus
Target / Cap: $2m
Effective Price / LND: $0.02
Road Map
Meet the Team
More Info
Website: http://lendingblock.com
Whitepaper: https://whitepaper.lendingblock.com/#abstract
Twitter: https://twitter.com/lendingblock
Facebook: https://www.facebook.com/lendingblock/
Telegram: http://t.me/lendingblock
Btt: https://bitcointalk.org/index.php?topic=2958615
Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406