The Clockwork Bank of Neoxian: daily contracts: 2019-05-30

in #bank5 years ago (edited)

This post contains two contracts.


The Bank of Neoxian shall loan the sum of 200 SBD to @mamun123456. He promises to repay 240 SBD. He shall pay 40 SBD per month until 240 SBD is reached. The first payment shall be June 30th, 2019.

@mamun123456 shall hereafter be known as the lendee…
To insure payment of this loan, the lendee promises to hand over their Owner key(s) to the bank. The bank will give back new active and posting keys to the lendee. The lendee affirms that the owner key(s) are given voluntarily and their account(s) are not stolen. They promise not to initiate the Stolen account recovery procedure.
The lendee agrees that if the Bank decides to change the active key(s) and keep them private, this does not constitute of breach of contract.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
Owner key(s) will be returned upon successful completion of loan.


The Bank of Neoxian shall loan the sum of 100 SBD to @direwolf. The interest shall be the following:

  • Paid in 3 months: 10%
  • Paid in 4 months: 15%
  • Paid in 6 months: 20%

@direwolf shall hereafter be known as the lendee…
To insure payment of this loan, the lendee promises to hand over their Owner key(s) to the bank. The bank will give back new active and posting keys to the lendee. The lendee affirms that the owner key(s) are given voluntarily and their account(s) are not stolen. They promise not to initiate the Stolen account recovery procedure.
The lendee agrees that if the Bank decides to change the active key(s) and keep them private, this does not constitute of breach of contract.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
Owner key(s) will be returned upon successful completion of loan.


Please sign below...


(pic from cgtrader.com)

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Signed.

$2.11 for signing a contract on a blockchain, pretty fucking cool

I think you should have to take a picture of your thumb print or face or something but some people can remain anonymous, maybe like, send the face to neoxian over discord in private and he can confirm it is who they say they are lol

a simple ID check in the future would be a cool extra security option

The 100% upvote was actually a mistake by @neoxian :)

But yeah 2.11$ for signing a contract is cool as fuck :)

Yes everything is right sir no problems and thanks

Posted using Partiko Android

@neoxian,
Congratz and wish to hear a successful finish of the deal as well!

Cheers~

Running all the time on the go !!! congratulation to the bank

good contract friends, congratulations.

This contract is complex as some gears, but like the Neoxian bank working at maximum

To listen to the audio version of this article click on the play image.

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