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Topic: ☼☼☼[ANN][ICO][GLS] Gelios ISO is closed - page 27. (Read 4255 times)

member
Activity: 406
Merit: 11
What is the minimum and maximim investment here?
full member
Activity: 322
Merit: 100
Dev please I need more clarification, how does Gelios ensure that borrowers pay back monies. Thanks


There’s legal agreement on the platform, statistics of borrower is spoiled, also there are collectors on the platform, who uses soft collection tools to prevent default
newbie
Activity: 120
Merit: 0
Dev please I need more clarification, how does Gelios ensure that borrowers pay back monies. Thanks
newbie
Activity: 14
Merit: 0
This is a good project. It's a good way to use blockchain technology in lending services. But I have one question. Devs, it is a lot of lending projects. Why should I choose you? What are your competitive advantages?
It is completly unique project because it relies on blockchain. It will provide immutability and transperancy.

What about security? I don't want that my personal data get to blockchain Smiley
Ur personal data wont be stored in blockchain. Actually any blockchain does not store any personal data. Only history of transaction and all related to transaction info

Thank you for your explanation. But for money transaction you can use bitcoin. Why do you want to create your own blockchain?
newbie
Activity: 59
Merit: 0
member
Activity: 406
Merit: 10
This is a good project. It's a good way to use blockchain technology in lending services. But I have one question. Devs, it is a lot of lending projects. Why should I choose you? What are your competitive advantages?
It is completly unique project because it relies on blockchain. It will provide immutability and transperancy.

What about security? I don't want that my personal data get to blockchain Smiley
Ur personal data wont be stored in blockchain. Actually any blockchain does not store any personal data. Only history of transaction and all related to transaction info
newbie
Activity: 14
Merit: 0
This is a good project. It's a good way to use blockchain technology in lending services. But I have one question. Devs, it is a lot of lending projects. Why should I choose you? What are your competitive advantages?
It is completly unique project because it relies on blockchain. It will provide immutability and transperancy.

What about security? I don't want that my personal data get to blockchain Smiley
member
Activity: 406
Merit: 29
Are the loans secured by crypto-collaterals (e.g. i'm borrowing BTC using ETH as a collateral)? If not: lenders will not be incentivized to lend to anyone. If yes: that's like going margin long on a coin while using another as a collateral, why whould i use this platform if i can do that more easily on almost any exchange?
Seems strange to me that a project that presents itself as "P2P crypto lending" does not answer those questions straight away.
The platform eill use gelios token to do the transaction. We will have a KYC to choose only trustful participants in the platform. In the exchange you don't know to whom you are lending.
What docs are obligatory for KYC? Will u have the light KYC or full?
As far as I know here will be light KYC. So no docs are needed. only first name and the last name, email and other simple info
full member
Activity: 322
Merit: 100
Vietnamese translations

ANN + BOUNTY tread is here:

http://bitcoingarden.org/forum/index.php?topic=25466.new#new
member
Activity: 406
Merit: 10
Are the loans secured by crypto-collaterals (e.g. i'm borrowing BTC using ETH as a collateral)? If not: lenders will not be incentivized to lend to anyone. If yes: that's like going margin long on a coin while using another as a collateral, why whould i use this platform if i can do that more easily on almost any exchange?
Seems strange to me that a project that presents itself as "P2P crypto lending" does not answer those questions straight away.
The platform eill use gelios token to do the transaction. We will have a KYC to choose only trustful participants in the platform. In the exchange you don't know to whom you are lending.
What docs are obligatory for KYC? Will u have the light KYC or full?
member
Activity: 406
Merit: 10
This is a good project. It's a good way to use blockchain technology in lending services. But I have one question. Devs, it is a lot of lending projects. Why should I choose you? What are your competitive advantages?
It is completly unique project because it relies on blockchain. It will provide immutability and transperancy.
member
Activity: 406
Merit: 29
What revenue are u expecting? Lets say in a year or so?

You can see the analysis of The Worldwide P2P Market in our WP.

There is indicated the profitability of such companies. But you must understand that these are local companies.

Gelios is going to enter the world market.

WP link:
 https://gelios.io/wp-content/uploads/2017/11/Gelios-by-Brainysoft-Whitepaper-013.pdf
Well, I see your plans are huge but u also will ave to start with the local market firstly
full member
Activity: 238
Merit: 101
hi. what is the maximum number of coins?
The Pre-ICO stage with begin on January 21st 2018 PST 00.00. Overall, 1,000,000 tokens will be distributed, at a cost of 1 USD in Ethereum per token. A 30% bonus will be available at this stage. If the hardcap is not reached all unsold tokens will be burnt.
The soft cap during the pre-ICO is set at $150,000. If the hard cap is not reached, the remaining tokens from this stage will be burnt. The pre-ICO will end on February 21st if all the tokens are sold.  The minimum investment at this stage is set at $50 in Ethereum equivalent.

The first stage of the ICO will begin on March 13st. 500000 tokens will be distributed with a 20% bonus. This stage will last for 15 days, until March 27th, at 23.59 PST, so long as 500,000 tokens have been sold. If this is not the case, the remaining tokens will be burnt. The minimum investment at this stage is set at $500 in Ethereum equivalent.
The second stage of the ICO will begin on March 28th. 750,000 tokens will be distributed with a 15% bonus. This stage will last for 15 days, until April 11th, at 23.59 PST, so long as 750,000 tokens have been sold. If this is not the case, the remaining tokens will be burnt. The minimum investment at this stage is set at $200 in Ethereum equivalent.

The third stage of the ICO will begin on April 12th. 750,000 tokens will be distributed with a 15% bonus. This stage will last for 15 days, until April 26th, at 23.59 PST, so long as 750,000 tokens have been sold. If this is not the case, the remaining tokens will be burnt. The minimum investment at this stage is set at $50 in Ethereum equivalent.

The fourth stage of the ICO will begin on April 27thth. 5,000,000 tokens will be distributed with no bonus available. This stage will last for 15 days, until May 11th, at 23.59 PST, so long as 5,000,000 tokens have been sold. If this is not the case, the remaining tokens will be burnt. The minimum investment at this stage is set at $50 in Ethereum equivalent.

No additional token emissions are envisaged.
hero member
Activity: 700
Merit: 500
Credit systems have become quite common these times. But we do not have a good example of a system. Most credit ICO processes have not succeeded. Lendoit delay the ICO process. But you still have to follow. Maybe this project is different from others. I also wonder how they will adapt this system to the blockchain system.
member
Activity: 154
Merit: 11
hi. what is the maximum number of coins?
full member
Activity: 322
Merit: 100
You have a noble mission. People will always borrow money, but let's be honest. As for the borrower and for the lender. The existing banking system is an unscrupulous system.

Yep, you are right.

2 hours ago I met with a banker and we discussed the shortcomings of the current banking system. There are quite a few of them. But bankers are changing very slowly.
I hope that new projects will help bankers understand the importance of changes and they will start working better with customers.

Or new projects will take their place ...

Thank you for your support!!

Our team hope that the interaction will be simplify between lenders and borrowers.

Using our P2P platform, of course. Grin
newbie
Activity: 53
Merit: 0
You have a noble mission. People will always borrow money, but let's be honest. As for the borrower and for the lender. The existing banking system is an unscrupulous system.

Yep, you are right.

2 hours ago I met with a banker and we discussed the shortcomings of the current banking system. There are quite a few of them. But bankers are changing very slowly.
I hope that new projects will help bankers understand the importance of changes and they will start working better with customers.

Or new projects will take their place ...
newbie
Activity: 53
Merit: 0
This is a good project. It's a good way to use blockchain technology in lending services. But I have one question. Devs, it is a lot of lending projects. Why should I choose you? What are your competitive advantages?

Good question. There is no such product on the market. Don't know too many other ICOs with a company like that.

Hm.... But do you have a market for your service?
I think, that this idea is a popular one.
For example, I fund this - https://www.p2p-banking.com/p2p-lending-services-open-to-international-non-resident-investors/
There are a lot of p2p lending services.

The demand is high. You can see the analysis of The Worldwide P2P Market in our WP. But you must understand that these are local companies. Gelios is going to enter the world market. And the use of blockchain  technology gives many advantages.

WP link: https://gelios.io/wp-content/uploads/2017/11/Gelios-by-Brainysoft-Whitepaper-013.pdf (https://gelios.io/wp-content/uploads/2017/11/Gelios-by-Brainysoft-Whitepaper-013.pdf)

Ok, Thanks for fast answers.

I went to read your WP. I'll be back when and if i got more questions.
newbie
Activity: 152
Merit: 0
You have a noble mission. People will always borrow money, but let's be honest. As for the borrower and for the lender. The existing banking system is an unscrupulous system.

I also think so. The use of blockchein tehnology will help to overcome

  the shortcomings of the  existing banking system.
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