Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ICOrealityshow on October 04, 2018, 08:38:50 PM
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I am sure not many could actually imagine something realistic from this. As it always seems hard, but now loans backed by Cryptocurrency (https://loan.inlock.io/2018/09/05/double-the-fun-half-the-risk-introduction-to-crypto-backed-fiat-loans/) is turning into reality via Inlock. A lending platform specifically designed and created for Crypto loans with slot available for borrowers and lenders!
It is a kind of concept not just UNIQUE but exciting, thrilling and basically a clear cut GAME CHANGER! How do you EXACTLY push this into? As per I am concern, it is going to be path-breaking creation!
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I think I met similar projects. But the idea itself is cool , the main thing is that it would continue to implement and develop. Taking a loan secured by cryptocurrency is very convenient.
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First time, I've learned about this project, I know Salt Lending is doing this type of business but taking a loan is very hard because a lot of participants, I want to know more about this, who knows I might need a loan in future.
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This is a very good development, at least to help most guys who actually needed soft loan to solve some pressing or immediate need. This development will definitely need constant updragrade and gradual implementation to accommodate many people.
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In general, such a system should make a good profit, but how to be sure that the funds will be returned to you and even more so in a timely manner!