GN COMPASS

malilittlemali (30)in #crypto-news • 8 years ago

Blockchain technology is gaining more importance by the day. It is, along with cryptocurrencies becoming an essential part of our lives. Consequently, this technology is slowly assimilating in every aspect and branch of society.
The one business activity that we can also improve with blockchain and cryptocurrency is loans and investing.

In todays worlds being in loan business is quite dangerous. Loans cannot be easily traded or transferred, and the real risk comes if the borrower defaults, and can’t no longer pay the loan. In that scenario investor will most likely lose his funds and have no way of getting his investment back.

Fortunately this can all be improved by using new technologies like blockchain, cryptocurrency and smart contracts.

The team behind the GN COMPASS came with an idea to offer a first peer-to-peer lending platform with cryptocurrency backed loans. By backing the loans in GN COMPASS tokens (GNCT) they can offer a loan in which if a borrower defaults, the GNCT tokens will be converted back to original fiat currency and the investor will have his money back.

In addition to that, these types of investments can be easily traded by investors. That way you can buy out original investment from investor, and if by any chance the price of GNCT token goes up you automatically make extra profit!

If GN COMPASS has attracted your attention, you should know all of the ways you can participate in this project.

GN COMPASS has started their own bounty campaign inJanuary and it will last until 31st of March. By participating in bounty campaign, you can help the creators of the project by attracting other potential investors through marketing and promotional activities.
Bounty campaign consists of: Signature Campaign, Social Media Campaign, Translation Campaign and many more. Terms and conditions and other essential information about the campaign, you can find on the bounty campaign web page: https://bitcointalk.org/index.php?topic=2708667.0

Furthermore, the other way to become part of GN COMPASS project is by investing in GN COMAPSS tokens (GNCT). Tokens are ERC-20 compliant. The Initial Coin Offering (ICO) started at 10th of January and is going to last until 10th of March. In that period, you will be able to buy GNCT tokens at the price of 1GNCT= USD 0.30. All about the Initial coin offering and other information regarding purchasing of the token, you will find on GN COMPASS official web page: https://www.gncompass.com/