Get a CryptoCurrency Loan on the Blockchain! - Debitum ICO Review
Get a cryptocurrency loan on the blockchain! Debitum ICO is the solution!
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The video was good. But it didn't explain what happens if the company doesn't pay back the loan. It also didn't show risk/reward scenario. I'm sure some projects are riskier than others. Do the riskier projects pay you more? What if you invest and the project fails? Do you lose all your investment, or is it guaranteed by the platform? Lots of good info provided by the video, but lots more questions need to be answered!
I have similar questions although I suspect (or hope rather) we can find answers in their white paper...I just don't feel like reading another white paper at the moment. Ugh. I want to know how this is different from LEND but I don't want to do the work lol.
Its the same vanila flavour as LEND, but WITH SPRINKLES!!!
I believe if a project fails , Debitum begins a debt collection process. Also not in this image, in the whitepages they do offer insurance in case you do not get your investment back.
(Source Debitum Whitepages)
Thanks for your multi-daily videos. You help me keep my hand strong.
i cant watch them anymore though.... too much going on system overload
This could be a risk but thanks for the video I watch every video you post gotta be updated in the crypto market
Dope vid
I think this is a very good Idea for funding business in a non-traditional way, which should really help if businesses do start to utilize this way of getting a loan. Also do believe that there should be a crypto that is for credit like a credit card for anyone.
Isn't that actually the same what ETHLend is already doing?
ETHLend aims on P2P lending, so that doesn't exclude SME. The rest of the system seems pretty similar to me.
Pretty similar.
Watching these vids keeps me current on crypto, thanks.
I love keeping up-to-date with this channel.
This is like Prosper meets bitcoin. Cool thanks for sharing the video. Going to look further into them.
I am skeptical of just about every ICO. Especially ones which seem like copycats. We already have LEND, why is this necessary?