Topic: 🔥[ANN][ICO] Welltrado — Global Blockchain-Backed Loans Marketplace🔥 - page 71. (Read 35026 times)

I’m afraid that the sale of token at a price lower than the nominal can have negative impact on the growth of their value?

WellTrado wants to reward the early participants and provide them with as profitable conditions as possible. What’s the problem?

If you didin't get the hard cap on each period, what happens with tokens, what left? Will they be burned?

It seems to me that the platform offers to generous discounts on the ICO. Perhaps u should make them less?

No we are not offering loans ourselves. We are a marketplace, that is gathering all the P2P lending platforms and their 10 mln. loans - into a single platform.

It is the P2P lending platforms who are responsible for checking the borrower data. They do the underwriting on the loans, check the loan tapes etc.
If they feel the loan adhere to their standard, they will make it available on both their own and our platform. Depending on the deal we strike, Welltrado will always work on getting
priority access to the loans - so that they appear first at our platform.

The problem in the P2P lending industry is not the quality of borrowers. Looking at industry numbers, about 75% of potential borrowers, are being discarded because the to not live up to the set standards.
Why? Because only 19% of the loans emerging on the platforms are even succesfully funded. There IS not enough investors, even though the loans are perfectly fine - and it is stopping growth, and giving us in crypto a great chance to get good return rates on a very stable and safe asset class.

Now, a huge other problem we are solving - and related to the question you ask: Who are checking the P2P platforms themselves? Nobody is. Who is to say that their claim of "0%" default rates XX platform claim - are in fact true claims? It is not validated by a third party. This perhaps is the single biggest obstacle to growth and maturity in the industry.

That is why Welltrado is pulling all the loans to our platform. Then we as a third party, has a chance to rate and evaluate how good the P2P platforms are actually performing.
This will increase trust tenfold, draw big and small investors alike. Because reliable data is paramount to taking informed investment decisions.

Hi there. Who will check the authenticity of the data provided by the borrowers? It seems to me that the algorithm wont be possible to deal with it.

It will be interesting to follow Your experiments. After all, what we write is one thing, and what happens is really best told by a third party.
So allow me to wish not to merge, and earn and display.
I think, for the success of all Your endeavors will experience all readers of this forum.

I think this project has a good concept,the only thing they need to work with is how they can make a good marketing strategy to attract more investors.

We also just(!) started our Telegram
https://t.me/welltrado

where you can most of the simple information, very fast.
If you need more in depth explanation, feel free to message me directy in there.

Hi! Thanks for asking.
We are both working with classic FIAT platforms, aswell as crypto lending platforms.
In terms of loans, that is pretty tricky, because the P2P lending space is evolving in rapid pace with ex. mini-bonds, new forms of rewards-based crowdfunding etc.. Various other new investment products.

We will of course follow the market, but will focus on the biggest types, the ease of implementation and transparency.



No. We are not loan originators.  We are a marketplace gathering all the p2p lending platforms into a single platform.
We are making over 10 mln loans available to crypto-investors this way.

Will it be possible to submit an application for a student loan on your platform? It seems to me that this option will have demand.

Good afternoon. Are u planning to implement any new forms of loans? Or will u keep working in the classical area?

Well this depends on how you want to play it. If you deposit into our P2P crypto fund. Yes. You decide your risk profile and we do the rest.
However if you want to unleash the real power of our toolset - you remove the middle-man and become your own bank.
What I mean by this is that you make your loan criterias as investor, and decide what loans to invest in. This can be very automated by you setting certain criteria,
you can follow experts, and copy their loans.  etc.



Well since the P2P lending platforms offer up their loans, and let you select which you want to invest in yourself - you have the control.
Now sitting there and handpicking loans, is not really very effective. So we build a range of tools to let you select which types of loans YOU want to invest in.
What countries they can come from, what interest rates, and so on.



It is not possible to give loans. We are not a loan platform. All the p2p lending platforms operate in FIAT.
For more information - please do read the whitepaper:
https://www.welltrado.io/static/docs/Welltrado-Whitepaper.pdf





We strive to have many different loan types on our platform. This includes:
P2P Consumer Lending, P2P Business Lending , Invoice Trading, Equity-based Crowdfunding, Real Estate Crowdfunding and many other types of loans.
Our plan is start with letting in regular (retail) investors in, but later in a year or so - give access to larger institutional investors.



The P2P lending asset class is similar to insecured credit card debt. A robust asset class where net default rates, has never surpassed the actual growth interest rates(US) in the last 20 years.



https://www.welltrado.io/#join

Actually our maximum 35% returns - is more of a guideline.
We are connecting many many P2P lending platforms, that have their own return rates based on the type of investments+risk.

The P2P lending market is a huge space, offering many different products ranging from fast consumer loans to mortgage loans. Now this 35% returns example is based on a portfolio of mortgage loans. You would actually be able to find loans with even higher return rates. Sometimes as high as 50% in annual returns. However we will always recommend a healthy mix of high-risk and more conservative options for our investors.

So it actually the portfolio mix YOU as investor makes - that defines the return rate. Our toolset will oufcourse feature loan automation on specific criteria etc.

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Now if you are not overly interested in building your own portfolio and balancing it out. We also have the oppertunity to be part of our P2P lending fund. On this you choose the risk profile, and we manage the investments for you. This is attractive - because it just in and out - without any micromanagement.

As I understood it, the maximum percentage of the income from investment is 30%. What’s the minimum?

March 26, we dont have to wait long

Give me a link whitelist, I did not find it

Hey there. At what date does the ICO of this platform start?

First u need to land the White List. Enter your email address to the form on the site and wait for the letter with instructions.

Good afternoon. Can anyone take part in the ICO?