- 1 Overview of Lendingblock
- 2 Blockchain
- 3 Mine
- 4 Network
- 5 Regulation
- 6 Support
- 7 What are the tokens used for and how can token value appreciate?
- 8 AdMad at your Computer?
- 9 How to find new cryptocurrency projects?
- 10 What is happening?
- 11 Stock Buybacks: Why Would a Company Reinvest in Themselves?
- 12 How Will Lendingblock Use Crowdsale Funds?
- 13 How advanced is the project?
- 14 How Much Did Lendingblock Raise?
- 15 Why do we exist?
- 16 Cardano (ADA) jumps 8% in 24 hours, but what does on-chain sentiment data show?
- 17 Wait — Why Lend Cryptoassets?
- 18 AdWhat’s a challenge without a Ranger FX4?
- 19 What Does the Lendingblock Road Map Look Like?
- 20 AdHave a product you want to bring to market?
- 21 What Are LND Tokens?
- 22 How Many Lendingblock Coins Are There?
- 23 Ready to try it out?
- 24 What does the company/project do?
- 25 What is Lendingblock?
- 26 What Is Lendingblock's Price Today?
- 27 Who Can Use Lendingblock?
- 28 Why Did Lendingblock Choose to Create LND?
- 29 History of Lendingblock
Overview of Lendingblock
Melamed added: “We are truly excited to be a part of the innovation Lendingblock is bringing to the blockchain financial services ecosystem.
There are a number of lending platforms present in the blockchain ecosystem at present, so it’s important to highlight the key difference between Lendingblock and these platforms — Lendingblock isn’t concerned with lending in the same sense as Ponzi-esque platforms such as BitConnect.
The success of a blockchain platform is determined by the quality of the team behind it, and as such Lendingblock ICO appears to be positioned as one of the more promising projects to launch in 2018.
The LND token will be issued as an ERC20 token on the Ethereum blockchain and will function as a utility token that is used to facilitate interest payments between borrowers and lenders.
The Lendingblock whitepaper goes into great detail regarding the legal intricacies of their proposed contract execution methodology, but outlines a strong case for regulatory and legal support despite the lack of statute or case law specifically recognizing cryptocurrency as property.
What are the tokens used for and how can token value appreciate?
LND tokens are used as the currency within the LendingBlock platform.All interests from the loans generated on the LendingBlock platform will be paid in LND tokens.Borrowers will be able to pre-purchase LND tokens to meet interest payments at the start of the loan agreement, to allow them to lock in the cost of the interest payments.The value of LND tokens hinges on (1) how much loans are being generated on the LendingBlock platform, and (2) the length of time borrowers hold the LND tokens that are used for repayment of loans.The more activities the platform has and the longer period of time users hold LND tokens, the more valuable LND tokens should become.
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How to find new cryptocurrency projects?
One of the biggest challenges in the crypto space is to find the right projects at the right time.There are hundreds of projects launched…
What is happening?
Liquid will be listing GYEN, a JPY stablecoin described by its issuer as “the..
Stock Buybacks: Why Would a Company Reinvest in Themselves?
The rapidly improving economy and stocks at record highs may be fueling a flurry of stock buyback activity in 2021.
How Will Lendingblock Use Crowdsale Funds?
Lendingblock has a clear delineation for the use of its funds.Fifteen percent goes to sales and marketing, with 20 percent for developing user tools.Another 20 percent will go to developing the core platform services.Fifteen percent goes to contingency coverage and 10 percent each goes to expert external services, developing integrations, and core management.
How advanced is the project?
The idea of LendingBlock was conceived in October 2017.The demo was completed in February 2018.Here is the link to try the demo: https://demo.lendingblock.com/ Below is a screenshot of their demo.
How Much Did Lendingblock Raise?
The Lendingblock ICO (initial coin offering) raised $10,000,000 USD by selling 500000000 Lendingblock tokens at a price of $0.02 USD.The Lendingblock ICO began on April 15, 2018 and ended on April 22, 2018.Key team members during the Lendingblock ICO included Alberto Sonnino, Charlie Beach, and Kingsley Advani.
Why do we exist?
Purpose: 50% of the world’s population make less than $6/day, 10% makes less than $2/day.
Cardano (ADA) jumps 8% in 24 hours, but what does on-chain sentiment data show?
ADA, the native token of smart contract platform Cardano, jumped 8% in the past day amidst rising public sentiment for the broader ecosystem, data from multiple sources showed.
Wait — Why Lend Cryptoassets?
Securities lending is a key element of any complex, liquid trading ecosystem, and performs an important function in traditional securities markets.Both brokers and market makers rely on securities lending in order to ensure the settlement of trades or to make sure that purchases can be made.
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What Does the Lendingblock Road Map Look Like?
Lendingblock began in October 2017 with a vision, followed by customer validation in November of that year.In January 2018, the operations were incorporated and the platform design took place.February 2018 saw the private sale and a prototype platform.In March, there was regulatory application and the platform exchange MVP.April saw the ICO and smart contract MVP.
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What Are LND Tokens?
LND is the token behind Lendingblock.It is used for making payments and for receiving interest on loans.By using LND for these functions, Lendingblock is able to reduce the cost related to exchange fees.This also makes it much easier to manage interest payments since they will be in a single currency instead of the many cryptocurrencies lenders and borrowers have.Thanks to the use of a token like LND, smart contracts can govern a loan’s operational processing requirements.This reduces expenses, risks, and complexity, ultimately delivering lower costs for the borrowers and higher returns for the lenders.
How Many Lendingblock Coins Are There?
There are currently 786,162,769 Lendingblock coins circulating out of a max supply of 1,000,000,000.
Ready to try it out?
Get started for free, then add your whole team.You can always talk to sales if you’re interested in advanced plans.
What does the company/project do?
Lendingblock is an exchange for borrowing and lending cryptocurrencies and digital assets.It allows borrowers and lenders to enter into cross-chain fully collateralized crypto vs crypto lending agreements.The cryptocurrencies that will initially be supported by LendingBlock are bitcoin, ether, ripple, bitcoin cash, and litecoin.Users can borrow any of these 5 currencies and use any other 4 currencies as collateral.The collateral value will be monitored by the platform and there will be margin call if the collateral value falls to near the loan value to ensure there is an appropriate level of collateralization.There will be two groups of end users:Lenders: Target lenders include institutional lenders, such as asset managers, hedge funds, and family offices, as well as individual participants in “crowd lending” who can gain access to lending opportunities not currently available to them.Borrowers: Target borrowers include institutional investors and market makers engaging in the following activities: shortselling, hedging, arbitrage, fails-driven borrowing, and so on.Minimum loan size will be $100,000.
What is Lendingblock?
The Lendingblock project aims to create an open exchange for crypto asset loans that matches borrowers and lenders in a transparent manner.
What Is Lendingblock's Price Today?
Lendingblock (LND) is trading at $0.00156 USD, increasing by 4.01% since yesterday.Lendingblock has traded $8,261 USD in the last 24 hours.
Who Can Use Lendingblock?
It will be possible for nearly anyone to use Lendingblock since there will be both mobile and web tools.Additionally, there will be APIs that expose market depth, executed transactions, yield curves, and order books, making it possible for borrowers to submit requests and lenders to submit offers.
Why Did Lendingblock Choose to Create LND?
There were two major reasons behind the decision to use LND as the primary method of payment within the platform.The first is to simplify receiving and paying interest since the team expects that borrowers and lenders will both utilize multiple different crypto-assets.By using a single token for these transactions, there is no need to spend on exchange fees, saving everyone money.Additionally, using a common currency allows for a simpler technical solution when meeting a loan’s operational processing requirements.This reduces the expense, risk, and complexity, all of which the users would have experienced without the existence of LND.