Peer to peer lending platform
Average rating : HIGH
The first cross-chain lending platform for the crypto economy. The LND Token functions as the currency for payment and receipt of interest.
|Pre-sale:||NO INFO||5,000,000 / 5,000,000 USD raised|
|Crowd-sale:||15 Apr - 18 Apr||ENDED|
Raised: 10,000,000 of 10,000,000USD ( 100%)
|Ticker:||LND||Available for token sale:||55|
|Token type:||Private-sale/pre-sale token price:||/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ 20|
|Prototype:||Yes||Pre-sale min/max personal cap:||25000 USD / 500000 USD|
|Team:||Crowd-sale token price:|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:|
We are attracted to the Lendingblock venture and believe that it if properly executed, the platform has the ability to be a substantial player in the institutional marketplace.
For the reasons listed below, we consider Lendingblock to be a medium-long term hold:
• The deal-structure is compelling with a small hard-cap and a limit on private sale dominance
• The institutional focus is a significant differentiator in the marketplace and will likely achieve much higher transactional volume than any competitors much faster
• While we do not agree with the current market valuation of ETHLend, it provides a very promising outlook for Lendingblock. With only 4000ETH put through the ETHLend as of February 2018, the market is placing a ~30x valuation on it based on a transactional multiple. If there is a strict focus on institutional users, Lendingblock should achieve far greater volumes much faster, leading to significant appreciation in market capitalization using the same metrics.
Picolo Research does acknowledge the need for more technical personnel in the team and further promotion/awareness for the purpose of public sale and ongoing market engagement.
Notwithstanding the above, we believe Lendingblock provides a strong speculative opportunity for investors seeking long term exposure to a potentially high growth token.see more
29 Mar: Sergey: I like the niche – loans, there are many successful projects in it. The team is active.
Alexey: I participated, Balina shilled it.
Sergey: I participated, I was not sure, but Balina helped me to decide.
Bruce: The same. I like that the cap is low. Tokens will be unlocked in a week.
15-Apr. I believe Lendingblock is an all-star ICO. I have participated in the pre-sale. AMA scheduled with the CEO on Monday 11am EST. I'll review the project during tonight's ICO Review Live stream, scheduled to happen after 6pm EST tonight.
23-Apr. They do have a lot of tokens a billion tokens, 600 million being sold which is not great at all, but they are selling a good amount to ICO-investors participants sixty percent. But the main thing is, they got a $10 M cap which is pretty good. From talking with their CEO Steve, who mentioned that they plan to launch a product, I believe, in August with the top five cryptocurrencies.
It scores over eighty percent right 80.39 making it an all-star right in my opinion.
The only downside I do see is that they did have a large bonus right in the private sale, the bonus was hundred percent. I was not part of the private sale, I was a part of the pre-sale which has twenty percent (bonus).
10-May. Oh that one. I had a chance to meet them here in London. Really cool, it is not performing as well but has lots potential. Very, very low cap, all-star team, it's currently on exchanges. Not good exchanges at this moment but currently on exchanges. Link
13-July. Lendingblock is sucking right now, basically, I still have the tokens, I mean, I am pissed of. Linksee more
|CrushCrypto||Good / Good|