Topic: [ANN][MDN] Meridian Ⓜ️ | DIGITAL COLLATERAL | Bitcoin Loans Platform (MLP) - page 29. (Read 12848 times)

Hello Meridian community!

Please feel free to Like or RT: https://twitter.com/themoonparadigm/status/918093855307849729

Hi guys! Apologyzing if that have been already asked, what is a difference between Meridian vs Everex vs Crypterium. Thx

Is there any limit to how much BTC each investor can contribute?

It seems that this thread is not enough active. I do not know why do this happen? I think this project must have more attention 

Hey!

Sure, you're invited to join us on Telegram: https://goo.gl/AvF2t5

We hope to see you around.

Thanks!

I think there is only telegram for now

Is Meridian going to be on Slack anytime soon? - If it isn't already and if so what is the link? It would be good for potential investors to ask questions and find out a bit more about the project.

Hello there! We're excited to know that you're interested in the Meridian Project!

Meridian is launching with a total supply of 125Million tokens on it's own, unique, SHA256 based algorithm.

You can read about our supply distribution here: medium.com/@MeridianMDN/Supply-Distribution

You are also invited to check out our whitepaper here: https://goo.gl/jqE7Me for greater insight into the Meridian Project.

Please be sure to drop into to this thread from time to time - as we will be releasing a string of important updates and releases shortly.

Glad to have you here & We look forward to seeing you around!

Its a token, wich wallets can be used? What is the total tokenamount and what will be the Initial value of one of them?

@prashanta

Hello there, thanks for taking an interest in Meridian!

You can read about our supply distribution here: medium.com/@MeridianMDN/Supply-Distribution

There is a total of 20M tokens earmarked for rewards and bounties, which is 16% of Meridians' overall supply.

Our current bounty campaign, found here is our 'initial' Bounty campaign - there will be several more going forward.

You are also invited to check out our whitepaper here: https://goo.gl/jqE7Me for greater insight into the Meridian Project.

Also, please don't forget to set your bookmarks for this thread - and be sure to drop in here from time to time - as we will be releasing a string of important updates and releases shortly.

We look forward to seeing you around

Demo: Check out the MLP Demonstration

Just checked out the demo and really like it. Nice guide section too!

Did you consider forecasting the project on wings to spread awareness? I think the project would be a good fit 

The Meridian project looking so execute and professional but i have confusing about a matter which was your bounty project reserved one million but your distribution amount of the all bounty pool is 1.5 million. how is possible...? please let me clear about this issue.

@chakhigh

Thanks! Yes, that's the ideology behind the project. We really want to avoid confusing people with unnecessary layers of technical jargon.

Whilst many people in the digital asset sphere are highly technical and in-tune with software development - we have chosen not to alienate those who aren't entirely savvy when it comes to the technical elements of digital assets.

With this being said, we are well aware of the fact that digital assets have the ability to be used to eliminate several non-necessary processes that average, everyday people conduct on a daily basis.

In the case of Meridian, we are tackling the distribution of Bitcoin loans and the tracking of these loans - handled by the Meridian Blockchain which will be used as the main verfication mechanism.

Adding to the above, we are also deploying a layer of security for all Bitcoin Loans served on our platform: Digital collateral.

Simply, when a user requests a Bitcoin Loan - there will be a requirement for this user to supply a specified amount of Meridian Tokens which will be held as security for his/her loan.

Upon successful repayment, the collateral is released - and the user is rewarded with a boost in CreditRank, which will ultimately provide him with broader access to loans in the future.

Should a user fail to complete their repayments, the collateral is absorbed into the Meridian Reserve - and ultimately released into the market to recover losses.

In the situation described above, a greater amount than was initially lent may be recovered due to value appreciation of Meridian - however the opposite of this can also occur.

So there is still an element of risk for lenders, but through this use of Digital Collateral - risk is drastically reduced, especially when compared to the current group of online P2P Lending services that aren't distributing secured micro loans.

Essentially - we want to provide a reason other than price speculation that will cause regular, every day users of digital assets to become habitual users of MDN Tokens.

We're confident that this will be achieved via creating this strong link between Meridian and our Bitcoin Loans service.

Demo: Check out the MLP Demonstration

@capcaypro

Hey there! We're excited that Meridian has caught your interest, and glad to have you here.

No Pre-Sale.

The ICO Begins 16 Days from today, on October 12 with a hard cap of $15 Million

@lenyro

Hey! Glad that you have taken an interest in Meridian.

As mentioned above the Meridian ICO Starts on October 12th, with a hard cap of $15 Million

We will be releasing a team video shortly, from Meridian HQ in which we will dive into the ideas behind the project, the benefits of Digital Collateral in general - and how all of this ties in to the launch and long-term maintenance of a successful digital asset.

So please be sure to bookmark this thread and drop back in here regularly, as the video will be released shortly.

We look forward to seeing you around

What is your soft and hard cap, could you introduce more details about the team members? Thanks

no pre-sale before main ico ? 
and how much your soft-cap for ICO goal ? in order for this project to continue for the future

What I like in this project is its simplicity and high effectiveness!
People are after better solution than their traditional loans.. When the procedure could be annoying, the digital/crypto aspect will make it much better for many people.