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About LendLedger(LOAN)

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What problem does LendLedger solve? (or: what human need does it satisfy?) and how exactly does it do so?

Globally over 250 million small businesses owners are running fully functional enterprises but lack the ability to get credit from institutions. This is because they have no credit score and no way of establishing one without receiving a loan in the first place. LendLedger extracts data which demonstrates these business owners to be reliable lenders (these could be from mobile bill payments or point of sales devices) and gives loans based off this data. Our platform would allow these small business owners to receive credit and establish reputations and give lenders access to an untapped multi-trillion dollar market.

How is the idea monetized? How do the token holders profit?

The idea is monetized through credit nodes, who stake LOAN token in order for loans to be made on the platform. The more loans made on the platform the more LOAN token is staked and the more the token holders profit. Read more in our technical paper https://lendledger.io/images/LendLedger_TechPaper.pdf?pdf=LendLedger Tech Paper

Team

LendLedger's team members.

Gautam Ivatury

Gautam Ivatury

CEO

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Manish Khera

Manish Khera

Co-Founder

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Greg DeForest

Greg DeForest

VP Product and Strategy

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Odysseas Sclavounis

Odysseas Sclavounis

Blockchain Network Governance

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Sanachit Mehra

Sanachit Mehra

Blockchain Architect

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Daniella Loftus

Communications Manager

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Quick notes

Tokenomics

Token Info

Available tokens: 15% Price: 0.05 USD Hard Cap: $5,000,000 USD Buy with: ETH, BTC, USD, XLM Platform: Stellar Restricted: US, UK, China

Other Info

MVP/Prototype: Yes Escrow: No Category: Banking & Payments

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What problem does LendLedger solve? (or: what human need does it satisfy?) and how exactly does it do so?

Globally over 250 million small businesses owners are running fully functional enterprises but lack the ability to get credit from institutions. This is because they have no credit score and no way of establishing one without receiving a loan in the first place. LendLedger extracts data which demonstrates these business owners to be reliable lenders (these could be from mobile bill payments or point of sales devices) and gives loans based off this data. Our platform would allow these small business owners to receive credit and establish reputations and give lenders access to an untapped multi-trillion dollar market.

How is the idea monetized? How do the token holders profit?

The idea is monetized through credit nodes, who stake LOAN token in order for loans to be made on the platform. The more loans made on the platform the more LOAN token is staked and the more the token holders profit. Read more in our technical paper https://lendledger.io/images/LendLedger_TechPaper.pdf?pdf=LendLedger Tech Paper

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