Loan Bit initial coin offering (ICO)

Lending & Exchange Platform



LoanBit is a P2P lending and exchange platform with Safety fund, especial verification system and cooperation with world-wide arbitrations. LoanBit is an unique service that allows everyone to keep money in online wallet, to trade in integrated exchange, to receive trading and consumer loans. In this way we decided to combine an online wallet, cryptoexchange and lending in one place.

4.3
8 8 expert ratings
3.8
4.5
4.3
4.1
View rating distribution
Starts in 1 year ago
2018-04-02 - 2018-05-31
Token
LBT
Type
ERC20
Bonus
Available
Price in ICO
1 LBT = 1.00 USD
Platform
Accepting
Hard cap
20,000,000 USD
Raised
-1
preICO start
Mar 26, 2018
preICO end
Mar 30, 2018
ICO start
Apr 2, 2018
ICO end
May 31, 2018
More on ICO
Report

About Loan Bit ICO

LoanBit is a P2P lending and investments platform with safety fund, especial verification system and cooperation with world-wide arbitrations.
LoanBit is a multi-currency platform that supports everything from fiat currencies to the latest cryptocurrencies. It allows you to send money in an encrypted format and secure it with state-of-the art security measures.
This is a peer to peer network that offers a robust investment platform and allows participants to get a loan in a currency of their choice.
Add to it the integrated exchange available on this P2P lending platform and the worldwide arbitration support, and you have got a winner here.
LoanBit offers an armor of a protection for the lenders. It safeguards the interests of the lenders in the community by covering up to 75% of the loan.
Don’t miss this golden opportunity. Be a part of this revolutionary idea that is all set to transform the world.

Loan Bit reviews

Berkay Alp
ICO Analyzer
Rated on Oct 24, 2017
3
3
3
4%
Nathan Christian
Blockchain Technology Consultant
Rated on May 1, 2018
5
5
4
8%
Nikolay Shkilev
Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Apr 11, 2018
5
4
4
8%
Igor Karavaev
ico advisor and investor
Rated on Apr 3, 2018
5
5
5
8%
David Drake
Managing Partner
Rated on Apr 5, 2018
4
5
4
7%
Eugene Podkovyroff
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor
Rated on Apr 7, 2018
4
3
3
13%

Team:
1. Pubic team doesn't look sufficient to deliver a product of that scale. There are probably more people involved, yet we can't verify it.

Vision:
0. The problem is explained, the solution looks reasonable and even elegant in a couple of aspects.
1. Almost nothing unique, we've reviewed more than 20 similar or very close projects during the past 2 months. There are enough space for several platforms on the market, and it become very regionally diversified. Yet that limits the potential and value of the vision. All will go down to the actual business execution.
2. WP is too brief, some essential parts are missing. For example, legal part is important, especially for the taxation, cross border arbitration and potential lawsuit involvement. Not every unsatisfied client will stay away from the local court, and it is not clear, how would platform deal with it, if it's managers will get a subpoena from the US or Germany.


Product:
1. No real MVP yet.

This project has a potential to grow and generate some gain for the early ICO investors. It also has serious marker and operational risks in a long run, so the investment may only be recommended for a short-term flip, if you can get tokens with a substantial bonus.

Improves in the strategy and a better information disclosure may improve this rating.

Conston Taylor
ICO Advisor | ICO Analyst | Blockchain Researcher
Rated on May 27, 2018
5
5
5
13%

This space is getting a bit crowded, but there will be sufficient demand for lending to handle multiple players in this space. The concept is good for two segments of the market. Hodlers and when you are in a bull market. For someone with a short term swing trading view this would not work. I tested this out on another platform. I took out a loan with .2 ETH ($200) and paid it back in 4 days. Because the market was going down at the time I was concerned that my $200 would be worth less by the time I paid my loan off. I would like to see a working prototype or an MVP. The team looks capable and they have a strong advisory team.

Disclaimer:This is not financial advice. Do your own research and do not rely on external ratings to make your final investment decisions. ICOs are risky and 100% loss of capital is possible.

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
38%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Loan Bit ICO price

Price in ICO

1 LBT = 1.00 USD

Loan Bit (LBT) crypto

Loan Bit coin

Loan Bit token
LBT
Loan Bit type
ERC20
Loan Bit platform

Loan Bit (LBT) value

Tokens for sale
2800000

Loan Bit market cap

Loan Bit market capitalization
$ -1

Loan Bit investment info

Accepting
Min. investment
10 USD
Distributed in ICO
85%
Hard cap
20,000,000 USD

Loan Bit whitepaper

Loan Bit team

Apply as an advisor

Misha Osaula

co-founder, CEO

Aleksandr Gryaznykh

co-founder, CFO

Dmitriy Kotikov

co-founder, CTO

Loan Bit milestones

1
1Q 2017

WePower idea

2
1Q 2018

WePower idea

3
2Q 2017

WePower idea

4
2Q 2018

WePower idea

5
3Q 2016

WePower idea

6
3Q 2017

WePower idea

7
4Q 2017

WePower idea

8
4Q 2018

WePower idea

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