Lendingblock is an open exchange for cryptocurrency loans, where borrowers and lenders are instantly matched in simple, safe and transparent way.
Lendingblock is a protocol and platform designed to enable and encourage borrowing and lending within the crypto financial system, bringing the economic benefits of lending (increased spending and growth, connecting capital supply and demand) to the distributed blockchain economy, but minimising the need for inefficient intermediaries that are unnecessary in the cryptographic asset environment.
Lendingblock is creating a parallel financial service for the crypto economy to securities lending in traditional capital markets, a market that has $2trn of assets on loan and generated $4bn of revenue in 2017.
Numerous exchanges offer the ability to do margin lending on their own exchange platforms. However, these loans are self-contained on centralised platforms making it impossible for the borrowed funds to leave the platform. This diminishes the ability for borrowers to enter into any sophisticated trading or arbitrage strategies. Borrowers and lenders are also highly dependent on the security and availability of exchanges, making their funds susceptible to exchange insolvencies or outages.
Lending Lending conventional currencies secured by cryptocurrencies is a service offered by a small number of new businesses. However, high levels of fiat-crypto volatility mean that levels of collateralisation required are significantly higher than crypto vs crypto where correlations are higher, and fiat integration is fundamentally more complex than a model which focuses purely on digital assets.
Credit score based lending services including those that rely on trusted lending circles and networks, are manual services that involve high levels of disclosure of personal information, and are primarily focused on small scale consumer loans.
While there is value in the emergence of all lending services, there are significant limitations to the application of margin, fiat and credit score based loans, particularly from the perspective of institutional borrowers. At Lendingblock, we believe that creating the financial infrastructure for blockchain based securities lending will address a critical and unserved need.
Lendingblock is creating an open exchange for borrowing and lending crypto-assets. Holders of digital assets will be able to generate stable and secure returns without sacrificing the benefits of ownership, and borrowers who hold digital assets will be able to use these digital assets as collateral to borrow at market rates to support funding, hedging or investing strategies.
The end users of Lendingblock will be entities looking to borrow or lend cryptocurrency assets. These entities, whether retail or institutional will fall under two categories - lenders and borrowers.
Lenders using Lendingblock will include institutional lenders, such as asset managers, hedge funds, and family offices; and individual participants in “crowd lending” who can gain access to lending opportunities not currently available to them directly;
will have a need to borrow digital assets for mutiple purposes.
The Lendingblock platform is a self-contained ecosystem for fully collateralised borrowing and lending of crypto assets. It is comprised of:
An open, real-time exchange linking borrowers and (multiple) lenders that transparently provides best execution for both parties at the market clearing interest rates.
Smart Contract System
A smart contract based operational system that implements the terms of the lending agreement created by the exchange, including initial transfer, interest payments, collateral management, default processing, and repayment.
Will be burned
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
15 Apr 15:00 UTC
18 Apr 11:00 UTC
|0.02 USD||No||Max 47.87529 ETH||5,000,000 USD||10,000,000 USD|
07 Apr 15:00 UTC
14 Apr 15:00 UTC
Private sale —
20 % bonus
Smart Contract MVP
Customer Sign Up