The lending module in dontoshi exchange is ready, We are working on the final exercise of lending. Very soon you will start to lend your ibtc token for daily interest. Below $0.01 ibtc, don't miss this if you miss bitcoin bubble.
I just bought my first contract through
http://dontoshi.com exchange lending module. After the final launch you can lend ibtc, eth, btc, etc. Meanwhile we are still doing some test and finish touches.
you are an inspiration, many people including myself concluded at sometime that ibtc project is dead you've ran away with peoples donations, you prove me and every other person wrong, this is awesome, keep the good work up , will start following ibtc closely now, hoping for more exciting news soon
Thanks a lot here is the news!
The questions of the day.
How do we plan to pay interest to lenders?
1. The first batch of the loan will be invested in dontoshi exchange development and marketing. Which in return will add value to to dtd token as the exchange volume increase.
A. One part of the marketing is listing ibtc and dtd token in one big exchange like hitbtc. That mean if dtd is traded around $0.50 by december we will have enough money to pay for daily interest if the trading fees is not enough.
A. As part of development we need to invest a lot in building a margin system which will allow us to lend enough btc to pro traders to leverage from 2x to 50x and the interest from the volume will be use to pay daily interest.
2. The second batch of the loan will be use to invest in ICO, start ups, online real estate, master nodes etc
A. As part of start up we are goin to build our own blockchain project that will allow us to build our own dapps and this blockchain will be open source to allow others to build their own dapps, pay for gas like ethereum.
B. There is one domain name that is on my mind to build a social media like facebook on our blockchain. That domain is valued $300,000 but the domain worth the price. Bcos to compete with facebook you need a catchy domain not just a good product.
C. One of my main target for ibtc is to make it to be the easiest way to send and recieve value. So we are going to build ibtc app, through the app you can send and receive money, lend and borrow money. We work with our whitepaper to integrate AI into our platform. Etc
3. Robot trading.
For few months now i have did a lot of research and i found out there is a lot of Robot you can use to trade crypto for real and a lot of people that trade with this bots are making a lot of money everyday in this bearish market, with bots a lot of smart guys have gained a lot in this bloodbaths in crypto market. To tell you how legit it is some big exchange allow and support bots trading, they also build a conducive enveroment to allow bots trade through their API. The money we earn through bots trading will be use to pay daily interest.
4. How much is the peg price and daily interest?
A. The market is bloody for the moment so we are considering from $0.05 -$0.03 per ibtc which mean you will start to lend from 5 cent or 3 cent per ibtc but if the price increase we will update it daily on how much the exchange rate will be.
B. For promo in the first month to three month after the final launch we will sell contract for 1% daily interest after the three months we will continue with 0.50% daily interest. But those who buy the contract in between the promo period there contract will continue to earn 1% daily interest till the duration period.
C. affiliate commission will be around 0.05% - 0.10% daily interest.
In conclusion the lending will add a lot of value to dontoshi exchange, dtd token, ibtc token, bcos we will invest a lot in development, it will allow us to hire good developers, build innovative products, list ibtc in big exchange, promote the exchange and lending platform through ads. The lending module is ready and the affiliate code is updated to allow you to earn commision. We now prepare for the final launch. Thanks.
The floor is open for questions. follow us t.me/ibtctoken
wow, you do have great and long term plans for this project, this is all good, if by any means you and your team succeed in all the things you mentioned here, this project will no doubt be one of the greatest in the blockchain world 🌍, but of course this will take several years to achieve..... But all the same, Goodluck to you guys, when should we be expecting to see a new roadmap?