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Lendoit is a decentralized P2P Lending platform, which connects borrowers and lenders from around the world using the advantages of Ethereum Smart Contracts and the Blockchain technology.
The platform provides all the elements a lending market needs to function, namely: professional scoring and verification APIs for each country, a loan marketplace, where lenders bid interest rates on loan applications and a default market where failed loans can be traded. The Lendoit Smart Loan Contract also offers important functions like syndicated loans and the ability to sell a loan to another lender if needed.
Lendoit’s goal is to establish a fair and decentralized lending alternative for the banking system and to enable lenders to lend funds with minimal risk and high reward and on the other hand allow borrowers better rates.
Start: 13th December 2017
End: 13th Jananuary 2018
Whitepaper: Read whitepaper
Role of Token: The LOAN is used for access to be a lender, borrower, provider, and to collection. All fees charged by Lendoit are in LOANs.
Product Status: ICO
ICO Category: Business ICO
Team Leads: Ori Erez – Co-Founder & CEO, Vlad Amirov – Co-Founder & CTO, Yoav Pinkas – Co-Founder & COO, Avi Ben David – Co-Founder & President
Token Symbol: LOAN
Where to Buy token: Lendoit Website
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