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Topic: ⚡️⚡️⚡️[ANN] [PRE-ICO] LendsBay | Credit ecosystem - page 73. (Read 7873 times)

member
Activity: 672
Merit: 11
The project has updated their site. Now first day total investment received is seen. Its 12K. Its a very good start and my belief is that they will grow steadily. I will support the project in full.

Oh good spot on the site update. I'm just learning about this project and from what I've seen so far it's all positive, will certainly follow and support.

12k for the first day is not bad at all. I think the more people get notice about this project, the more investors will come.

That's true, I just learnt about this project from a friend, I haven't done lots of research but from what my friend shared with me I'll be sure to look into it. More marketing is needed to raise awareness.

Yep have to agree they seem to have a good plan and vision but it will really take the effort to bring together the marketing as well as to be a true success people have to know and understand the project

Yea, they need to channel a lot into marketing in order to convince the community to be part of this as many are skeptical when it comes to lending of funds but just like they stated, they have some tools in place to fix that and lets not forget their wealth of experience which also makes them a force in the business, so lets just see how it goes

Building a community will help Lendsbay name get bigger and help Lendsbay reach out to a wider audience. I also think projects benefit from having an engaging community therefore marketing is essential to pull in supporters and investors.

Yea, perception needs to be changed and lendsbay has the duty to prove to the community that lenders will surely get back their money after the agreed stipulated period because that's where the skepticism reside, once they have achieved that and have gotten good reviews, it won't be difficult to put other things in place for the overall growth of the brand 
full member
Activity: 546
Merit: 106
Bountyhive.io
250k softcap at the pre-ico sounds very good for me. But a softcap of 10mio for the whole ICO? don't you think that's a little bit high?
and how high is the hardcap?

I read the whitepaper. There is a table there with amount of tokens being sold during every stage of ICO and price for a token. Here are my calculations:

Pre-ICO:
860 000 * $0.25 (presale) +
780 000 * $0.27 (week 1) +
740 000 * $0.29 (week 2) +
700 000 * $0.31 (week 3) +
670 000 * $0.32 (week 4) +
640 000 * $0.33 (week 5) +
610 000 * $0.35 (week 6) = $1 496 300

ICO:
27 000 000 * $0.37 (stage 1) +
23 000 000 * $0.43 (stage 2) +
20 000 000 * $0.50 (stage 3) = $9 990 000 + $9 890 000 + $10 000 000 = $119 770 000.

So the full token supply is $121 266 300. Can we call this the hardcap?

This is a big calculation mistake. 9.9+9.9+10 = 30 mil. Hardcap is 30 mil. Not sure how you end up in 119 mil.

and i really thought they have such a high hardcap. that happens if you do not recalculate yourself :-)
Thanks for checking, 30mio sounds a lot more plausible

That's always good, so 30 mill is the hardcap? that is not much at all. Whats the softcap? can someone remind me

Oh, sorry everybody who read this. Too many numbers... Thank you for noticing this. Now I know that recalculation of such things is always necessary. 30M is much more OK, I think.

Lol ya it’s always difficult to calculate these kind of projects good that the mistake was caught this is a much more realistic amount and makes more sense for a project of this size
jr. member
Activity: 224
Merit: 5
250k softcap at the pre-ico sounds very good for me. But a softcap of 10mio for the whole ICO? don't you think that's a little bit high?
and how high is the hardcap?

I read the whitepaper. There is a table there with amount of tokens being sold during every stage of ICO and price for a token. Here are my calculations:

Pre-ICO:
860 000 * $0.25 (presale) +
780 000 * $0.27 (week 1) +
740 000 * $0.29 (week 2) +
700 000 * $0.31 (week 3) +
670 000 * $0.32 (week 4) +
640 000 * $0.33 (week 5) +
610 000 * $0.35 (week 6) = $1 496 300

ICO:
27 000 000 * $0.37 (stage 1) +
23 000 000 * $0.43 (stage 2) +
20 000 000 * $0.50 (stage 3) = $9 990 000 + $9 890 000 + $10 000 000 = $119 770 000.

So the full token supply is $121 266 300. Can we call this the hardcap?

This is a big calculation mistake. 9.9+9.9+10 = 30 mil. Hardcap is 30 mil. Not sure how you end up in 119 mil.

and i really thought they have such a high hardcap. that happens if you do not recalculate yourself :-)
Thanks for checking, 30mio sounds a lot more plausible

That's always good, so 30 mill is the hardcap? that is not much at all. Whats the softcap? can someone remind me

Oh, sorry everybody who read this. Too many numbers... Thank you for noticing this. Now I know that recalculation of such things is always necessary. 30M is much more OK, I think.
member
Activity: 350
Merit: 16
250k softcap at the pre-ico sounds very good for me. But a softcap of 10mio for the whole ICO? don't you think that's a little bit high?
and how high is the hardcap?

I read the whitepaper. There is a table there with amount of tokens being sold during every stage of ICO and price for a token. Here are my calculations:

Pre-ICO:
860 000 * $0.25 (presale) +
780 000 * $0.27 (week 1) +
740 000 * $0.29 (week 2) +
700 000 * $0.31 (week 3) +
670 000 * $0.32 (week 4) +
640 000 * $0.33 (week 5) +
610 000 * $0.35 (week 6) = $1 496 300

ICO:
27 000 000 * $0.37 (stage 1) +
23 000 000 * $0.43 (stage 2) +
20 000 000 * $0.50 (stage 3) = $9 990 000 + $9 890 000 + $10 000 000 = $119 770 000.

So the full token supply is $121 266 300. Can we call this the hardcap?

This is a big calculation mistake. 9.9+9.9+10 = 30 mil. Hardcap is 30 mil. Not sure how you end up in 119 mil.

and i really thought they have such a high hardcap. that happens if you do not recalculate yourself :-)
Thanks for checking, 30mio sounds a lot more plausible

That's always good, so 30 mill is the hardcap? that is not much at all. Whats the softcap? can someone remind me
full member
Activity: 994
Merit: 140
250k softcap at the pre-ico sounds very good for me. But a softcap of 10mio for the whole ICO? don't you think that's a little bit high?
and how high is the hardcap?

I read the whitepaper. There is a table there with amount of tokens being sold during every stage of ICO and price for a token. Here are my calculations:

Pre-ICO:
860 000 * $0.25 (presale) +
780 000 * $0.27 (week 1) +
740 000 * $0.29 (week 2) +
700 000 * $0.31 (week 3) +
670 000 * $0.32 (week 4) +
640 000 * $0.33 (week 5) +
610 000 * $0.35 (week 6) = $1 496 300

ICO:
27 000 000 * $0.37 (stage 1) +
23 000 000 * $0.43 (stage 2) +
20 000 000 * $0.50 (stage 3) = $9 990 000 + $9 890 000 + $10 000 000 = $119 770 000.

So the full token supply is $121 266 300. Can we call this the hardcap?

This is a big calculation mistake. 9.9+9.9+10 = 30 mil. Hardcap is 30 mil. Not sure how you end up in 119 mil.

and i really thought they have such a high hardcap. that happens if you do not recalculate yourself :-)
Thanks for checking, 30mio sounds a lot more plausible
member
Activity: 490
Merit: 10
The project has updated their site. Now first day total investment received is seen. Its 12K. Its a very good start and my belief is that they will grow steadily. I will support the project in full.

Oh good spot on the site update. I'm just learning about this project and from what I've seen so far it's all positive, will certainly follow and support.

12k for the first day is not bad at all. I think the more people get notice about this project, the more investors will come.

That's true, I just learnt about this project from a friend, I haven't done lots of research but from what my friend shared with me I'll be sure to look into it. More marketing is needed to raise awareness.

Yep have to agree they seem to have a good plan and vision but it will really take the effort to bring together the marketing as well as to be a true success people have to know and understand the project

Yea, they need to channel a lot into marketing in order to convince the community to be part of this as many are skeptical when it comes to lending of funds but just like they stated, they have some tools in place to fix that and lets not forget their wealth of experience which also makes them a force in the business, so lets just see how it goes

Also adding to this is their transparency and the way they plan to handle the funds as they plan not to use any funds until the softcap is reached which is why I think they are a great team I do like to put my money with

I think if they are able to land an official regulation it would help a lot. Maybe even a partnership with a bank could do. I am not sure yet as I haven't fully read through the white paper but where is the source of funds coming from?
member
Activity: 350
Merit: 16
A good recent video uploaded from the Lendsbay team - check it out here @ https://www.youtube.com/watch?v=2DKhGXN4uOo&feature=youtu.be&a
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
The project has updated their site. Now first day total investment received is seen. Its 12K. Its a very good start and my belief is that they will grow steadily. I will support the project in full.

Oh good spot on the site update. I'm just learning about this project and from what I've seen so far it's all positive, will certainly follow and support.

12k for the first day is not bad at all. I think the more people get notice about this project, the more investors will come.

That's true, I just learnt about this project from a friend, I haven't done lots of research but from what my friend shared with me I'll be sure to look into it. More marketing is needed to raise awareness.

Yep have to agree they seem to have a good plan and vision but it will really take the effort to bring together the marketing as well as to be a true success people have to know and understand the project

Yea, they need to channel a lot into marketing in order to convince the community to be part of this as many are skeptical when it comes to lending of funds but just like they stated, they have some tools in place to fix that and lets not forget their wealth of experience which also makes them a force in the business, so lets just see how it goes

Also adding to this is their transparency and the way they plan to handle the funds as they plan not to use any funds until the softcap is reached which is why I think they are a great team I do like to put my money with
member
Activity: 420
Merit: 11
Our society is a society, money and the value of money is in the constant flow, the project of infinite expanded the liquidity of money, I really like this project, let me take a good look at your team and the road map

We really can't separate society and money and also liquidity as well, it's what keeps the economy running and services everyone, the project is right on point and also coming into a notoriously decentralized system like the blockchain is super cool too

It is one of those scenarios where you should go blockchain. Especially when you are dealing with money and loans. You need a way to securely and transparently manage loans. no longer vague and fraud as in the centralized networks.

I'm really excited about the idea of blockchain money lending, I'm hoping LendsBay implement a good solution for this.

For lending or dealing with money you need total transparency and security. This is one of the operations the blockchain was created for. I‘m looking forward, how the Lendsbay team will realize the project.
newbie
Activity: 182
Merit: 0
I wish the plan advance.
Pretty good project, excellence approach.  Good luck fellows.

I'm wishing them success in their project also. Their proposed features are amazing they intend to offer new approach to loans between friends and acquaintances.
full member
Activity: 378
Merit: 100
Our society is a society, money and the value of money is in the constant flow, the project of infinite expanded the liquidity of money, I really like this project, let me take a good look at your team and the road map

We really can't separate society and money and also liquidity as well, it's what keeps the economy running and services everyone, the project is right on point and also coming into a notoriously decentralized system like the blockchain is super cool too

It is one of those scenarios where you should go blockchain. Especially when you are dealing with money and loans. You need a way to securely and transparently manage loans. no longer vague and fraud as in the centralized networks.

I'm really excited about the idea of blockchain money lending, I'm hoping LendsBay implement a good solution for this.
member
Activity: 490
Merit: 10
Our society is a society, money and the value of money is in the constant flow, the project of infinite expanded the liquidity of money, I really like this project, let me take a good look at your team and the road map

We really can't separate society and money and also liquidity as well, it's what keeps the economy running and services everyone, the project is right on point and also coming into a notoriously decentralized system like the blockchain is super cool too

It is one of those scenarios where you should go blockchain. Especially when you are dealing with money and loans. You need a way to securely and transparently manage loans. no longer vague and fraud as in the centralized networks.
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
250k softcap at the pre-ico sounds very good for me. But a softcap of 10mio for the whole ICO? don't you think that's a little bit high?
and how high is the hardcap?

I read the whitepaper. There is a table there with amount of tokens being sold during every stage of ICO and price for a token. Here are my calculations:

Pre-ICO:
860 000 * $0.25 (presale) +
780 000 * $0.27 (week 1) +
740 000 * $0.29 (week 2) +
700 000 * $0.31 (week 3) +
670 000 * $0.32 (week 4) +
640 000 * $0.33 (week 5) +
610 000 * $0.35 (week 6) = $1 496 300

ICO:
27 000 000 * $0.37 (stage 1) +
23 000 000 * $0.43 (stage 2) +
20 000 000 * $0.50 (stage 3) = $9 990 000 + $9 890 000 + $10 000 000 = $119 770 000.

So the full token supply is $121 266 300. Can we call this the hardcap?

This is a big calculation mistake. 9.9+9.9+10 = 30 mil. Hardcap is 30 mil. Not sure how you end up in 119 mil.
member
Activity: 728
Merit: 10
Our society is a society, money and the value of money is in the constant flow, the project of infinite expanded the liquidity of money, I really like this project, let me take a good look at your team and the road map

We really can't separate society and money and also liquidity as well, it's what keeps the economy running and services everyone, the project is right on point and also coming into a notoriously decentralized system like the blockchain is super cool too

Yeah I agree with you, one of the most secured and transperant way of ensuring confidentiality of financial transactions is using blockchain Atleast that way everybody is involved. And no one owner everyone have equal access

Lendsbay are bringing in transparency into the lending cycle of family,  friends and acquaintance and i think this project is much needed because most times we tend to over look who we lend money from just because they are close to us. I have seen this break relationships multiple times.
member
Activity: 532
Merit: 10
The project has updated their site. Now first day total investment received is seen. Its 12K. Its a very good start and my belief is that they will grow steadily. I will support the project in full.

Oh good spot on the site update. I'm just learning about this project and from what I've seen so far it's all positive, will certainly follow and support.

12k for the first day is not bad at all. I think the more people get notice about this project, the more investors will come.

They have started off on their strongest foot obviously, that's a good figure to pull on the first days. Congratulations to them on that. Hopefully they can double that figure soon within the next few days
full member
Activity: 994
Merit: 140

The Lendsbay Token can be seen as a risk insurance tool. in case of default we get some tokens that we can sell on the exchanges to partially offset the losses
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me
Our society is a society, money and the value of money is in the constant flow, the project of infinite expanded the liquidity of money, I really like this project, let me take a good look at your team and the road map

We really can't separate society and money and also liquidity as well, it's what keeps the economy running and services everyone, the project is right on point and also coming into a notoriously decentralized system like the blockchain is super cool too

Yeah I agree with you, one of the most secured and transperant way of ensuring confidentiality of financial transactions is using blockchain Atleast that way everybody is involved. And no one owner everyone have equal access
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!
The project has updated their site. Now first day total investment received is seen. Its 12K. Its a very good start and my belief is that they will grow steadily. I will support the project in full.

Oh good spot on the site update. I'm just learning about this project and from what I've seen so far it's all positive, will certainly follow and support.

12k for the first day is not bad at all. I think the more people get notice about this project, the more investors will come.

That's true, I just learnt about this project from a friend, I haven't done lots of research but from what my friend shared with me I'll be sure to look into it. More marketing is needed to raise awareness.

Yep have to agree they seem to have a good plan and vision but it will really take the effort to bring together the marketing as well as to be a true success people have to know and understand the project

Yea, they need to channel a lot into marketing in order to convince the community to be part of this as many are skeptical when it comes to lending of funds but just like they stated, they have some tools in place to fix that and lets not forget their wealth of experience which also makes them a force in the business, so lets just see how it goes

Building a community will help Lendsbay name get bigger and help Lendsbay reach out to a wider audience. I also think projects benefit from having an engaging community therefore marketing is essential to pull in supporters and investors.
member
Activity: 266
Merit: 15
The operation of the Lendsbay platform does not depend on the presence of a critical mass of users in a particular group or region, which is a great advantage for the development of the platform in any geography.
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