Hi,
Today I'm gonna talk about a recent project called LendingBlock.
Lendingblock is a platform where you can borrow and lend cryptos.
They will start with BTC, BCC, XRP, ETH and LTC.
There are exchanges like bitfinex that let you borrow cryptos but it doesn't let you transfer your crypto to another platform.
For example if you are BTC hodler but you need ETH for an ICO, you can lend your btc to get some ETH.
The most important thing is that they are focusing in institutional money.
-Right now his market cap it's just $15.299.327 USD, 452 ranked.
-Institutional money is coming and they will need a platform like this one. The team has strong connections with financial institutions.
-It's just 50% up from the ICO.
-Platform alpha testing in May.
-Shitty exchange; just in hitbtc. Is on IDEX too but it's not working right now.
-I think Ian Balina has invested in it, that would be give it a lot of exposure.
I've bought some in hitbtc these days, the only concern I have with this project is their 100% bonus in private sale with just a lock up of 2 months.
But it was just 5% of the total supply, so I don't think it will have a big impact in the price.
Upvote if you would like me to continue doing this series!
https://lendingblock.com/
https://coinmarketcap.com/currencies/lendingblock/
BTW not financial advice.
Regards,
