[ANN] [ICO LIVE]◄ ♛ 🔥 Shift your car title into cash. 🔥 ♛ - page 45.

bixbem90

sr. member

Activity: 420

Merit: 259

Quote from: frenkelebre on February 04, 2018, 02:44:54 PM

Quote from: Theizestooke on February 03, 2018, 07:55:31 PM

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

This project is focuses on creating a revolution in the automobile funding and making it easy for people to buy a car all over the world and I think most of the country's in the world accept this services and will also use this platform. For the country's which do not accept this can try this platform once.

Nope. This project is not about automobile funding. Based on what I have read, it is about getting a loan and your car title will be used as a collateral.

Yes. Shift Cash is shift your car title to cash, this is so clear at title, but many people don't read carefully.

negancoin

full member

Activity: 560

Merit: 126

since a lots here are finding some difficulty in understanding the way shift works, I'm going to explain what I learnt.
- Shift cash will have local office in countries where the service provided, and you can go to their office and verify your account immediately and get a plastic card SHIFT.cash that allows to widthdraw money form any ATM
(this process can be done online but it will take time).
- loan will be no greater than 35% of its market value ( car ) which reduces the risk for the Investor.
for example : if a car worth $10,000, you can get only $3500 loan.
As Borrower, if you dodn't pay back, shift cash will sell the debt to the relevant collection agencies.

kyxap

sr. member

Activity: 616

Merit: 251

Quote from: rabotacoin on February 04, 2018, 05:08:22 PM

Quote from: frenkelebre on February 04, 2018, 02:44:54 PM

Quote from: Theizestooke on February 03, 2018, 07:55:31 PM

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

This project is focuses on creating a revolution in the automobile funding and making it easy for people to buy a car all over the world and I think most of the country's in the world accept this services and will also use this platform. For the country's which do not accept this can try this platform once.

Nope. This project is not about automobile funding. Based on what I have read, it is about getting a loan and your car title will be used as a collateral.

absolutely true, the project is aimed at issuing a loan secured by a car. It is very bad that so far many followers have not understood the basic idea of Shift Cash.

Is it something resembling to pawnshop, how I understood? The motor car surrenders under guarantee and has something like insurance? It turns out laid motor car under guarantee, and you was granted other thing instead of?

rabotacoin

member

Activity: 574

Merit: 10

Quote from: frenkelebre on February 04, 2018, 02:44:54 PM

Quote from: Theizestooke on February 03, 2018, 07:55:31 PM

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

This project is focuses on creating a revolution in the automobile funding and making it easy for people to buy a car all over the world and I think most of the country's in the world accept this services and will also use this platform. For the country's which do not accept this can try this platform once.

Nope. This project is not about automobile funding. Based on what I have read, it is about getting a loan and your car title will be used as a collateral.

absolutely true, the project is aimed at issuing a loan secured by a car. It is very bad that so far many followers have not understood the basic idea of Shift Cash.

frenkelebre

jr. member

Activity: 392

Merit: 2

Quote from: Theizestooke on February 03, 2018, 07:55:31 PM

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

This project is focuses on creating a revolution in the automobile funding and making it easy for people to buy a car all over the world and I think most of the country's in the world accept this services and will also use this platform. For the country's which do not accept this can try this platform once.

Nope. This project is not about automobile funding. Based on what I have read, it is about getting a loan and your car title will be used as a collateral.

MikesLeo

newbie

Activity: 196

Merit: 0

Quote from: UpsilonTrooper on February 04, 2018, 11:23:36 AM

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

It simply wont. Any country where it's difficult to do it wont even happen. Heck I doubt it will be available outside the country the dev team lives in to be frank

As its services are holding a deserving potentiality and trendy features like loan approvals, it is really making investors grabbing the focus on this platform and am sure this platform will globally make a revolution and extend to various countries.

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

i think thats going to depend on them actually if they see the success of their platform in their region they might decide to extend i think developers will just keep eye on the app success

Probablylikely

full member

Activity: 560

Merit: 100

Before considering any ICO project ,I will try to look at who they are partnering with. Credible partnership is simply a way of showing trust and guarantees success to an extent. I do like the partners of this project and wish them well.

UpsilonTrooper

member

Activity: 504

Merit: 20

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

It simply wont. Any country where it's difficult to do it wont even happen. Heck I doubt it will be available outside the country the dev team lives in to be frank

LoverlyRomeos

newbie

Activity: 238

Merit: 0

Quote from: ishinn99 on February 04, 2018, 09:37:04 AM

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

For me, I think they can expand by making a partnership with other companies in different countries. By doing that they can make the project expand in different part of the world.

SHIFT.Cash The first car title lending platform based on smart contracts seems very unique compared to other platforms, its services influencing many people in the real life as they are getting spread and reputed it is getting extending to various countries slowly with their innovative plans as what we are all waiting to hear from Shift.Cash Team.

sathvik112

member

Activity: 294

Merit: 10

Loans secured by car titles are an effective financial solution for modern society, where an amount greater is needed than what can be otherwise obtained in normal micro finance institutions like instant loans.

ishinn99

member

Activity: 420

Merit: 11

BitHostCoin.io

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

For me, I think they can expand by making a partnership with other companies in different countries. By doing that they can make the project expand in different part of the world.

Maingtoled1958

member

Activity: 126

Merit: 14

Quote from: BranZolt on January 27, 2018, 02:56:33 PM

It's great to see that the pre sale went successful and it was a suprise for me, because I underestimated this project.
I am just excited for the ICO.

Actually as we all know that the pre sale for this project is successfull and know the project is on its way to reach huge sucess. At this time, i won't hesitate into investing into this project as i can see a bright future for this project.

SimpleMan

full member

Activity: 462

Merit: 100

The Standard Protocol - Solving Inflation

Quote from: contractus325 on February 03, 2018, 07:30:49 PM

Quote from: frenkelebre on February 03, 2018, 10:28:48 AM

Quote from: PDAngel on February 02, 2018, 06:32:09 PM

Quote from: frenkelebre on February 02, 2018, 01:05:37 PM

Exactly. People needs to read the whitepaper. It is all about getting a loan and the car is your collateral. It has nothing to do with controlling cars remotely.

Several days before i have misundertood about this project, but at now i know clearly, Shift cash is "shift your car title into cash" is mean your car title is collateral not "your car". If you are borrowers, you payback loan using your car title on time, what will going on? Can increasing amount of loan?

Thanks for pointing that out. I just used the term "car" instead of "car title" so that others would understand it simple. Well, car title represents your car. Anyway, I think you can only loan a certain amount based on the evaluation of the market value of your car and its liquidity. That's what the paper says.

In my opinion, such things should be explained exactly by the team already in the ann thread because later it causes a lot of gaps. Many posts here are about what is "car title" and the similiar definition.

Are you going to cooperate with workshops or car dealers who evaluate a car and then put that data on the blockchain? Or how can someone who provides a loan vs a car title be sure that the car is worth what it is said to be worth?

BranZolt

full member

Activity: 196

Merit: 100

It's great to see that the pre sale went successful and it was a suprise for me, because I underestimated this project.
I am just excited for the ICO.

Arvilaine

member

Activity: 336

Merit: 11

Scouting for Innovative ideas.

The ICO is going to start in a matter of hours, I think taking part in the 20% Bonus is an advantage because it looks like the token will be sold out fast and the hard cap will be achieved before the ICO ends.

cammie16

full member

Activity: 462

Merit: 100

BitHostCoin.io

Quote from: ?? on ??

Quote from: negancoin on February 03, 2018, 07:06:52 PM

Quote from: bixbem90 on February 02, 2018, 06:10:55 PM

I have a question about Shift Cash working methods, if the borrower defaults who takes ownership of liquidating the collateral?

The lender will have to right to sell your car to get his money if you don't paid back, but I think this process will be done by they local office in each country and according to law. try to read their whitepaper lots of details there.

Actually mate, as far as I know since they already have the credentials of your car maybe in some point they going to borrowed for the other so that to maintain the assurance and cleanliness of your car. Hopefully devs will answer this kind of issue.

Aside from car loan, is shift cash have any plans to add more features for this project? So others that dont have cars can stiil participate in this project. I hope devs will make more add ons.

vivavivu

member

Activity: 434

Merit: 10

One of the features of Shift.Cash that I really want is that the Record transactions are in the blockchain. Moreover, our data is protected, and all transactions are always under control. So, this is a great one that will surely also make more people attract to this project. All I can say is that this is a great opportunity for us.

Superturacoin

jr. member

Activity: 280

Merit: 1

Quote from: Probablylikely on February 03, 2018, 07:34:59 PM

Quote from: Inskchen on February 03, 2018, 12:25:54 PM

The developer has a good idea, but I think she can not work in all countries. I do not understand how it can work, for example, in Russia or Kazakhstan, where citizens do not respect the law.

I do agree with you tho. I am also wondering how Shift Cash project is gonna extend out to certain countries with all those liabilities and loans involved. Its gonna be very challenging.

With your thoughts I can say that this is going to be a big project which means it needs bigger funds to continue with this kind of platform. This kind of idea of the dev is really difficult for me to say.

hacker1001101001

sr. member

Activity: 1288

Merit: 415

Quote from: mr.charming on January 27, 2018, 01:02:03 PM

Quote from: steampunkz on January 27, 2018, 05:36:36 AM

Quote from: rabotacoin on January 26, 2018, 10:43:32 AM

I like the idea of your project. I see that the development team consists of excellent specialists. I will follow your project, I'm interested in its development.

Glad to hear that they have good and professional team to take care of this project. But are they planning to partner with the big names in car companies?

Yes you are right the team is very good ans do very hwrdwork.
Yea i think they are planning to partner with the big name companis beacause this project specially related to the car loan nd therfore the platform should include all the big company cars.

They will surely work with many big automobile companies all around the world and also get their support to run their project as this project will give a huge increase to the sales rate of many big car companies. More and more people will get a chance to buy a car using this platform which is a very great job.

Topic: [ANN] [ICO LIVE]◄ ♛ 🔥 Shift your car title into cash. 🔥 ♛ - page 45. (Read 8443 times)