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LENDSBAY (LBT)

Financial Services

Overview

LENDSBAY - credit ecosystem. System for trusted financial transactions between people based on transparency and blockchain technology.

Features

Designed for interaction between users, Lendsbay is an application used to manage loans between relatives, friends and acquaintances. The Lendsbay application is used to find a lender and then to record, document and administer the loan. Bays (social groups) are created within the Lendsbay platform to pool financial resources through mutual lending.

The LBT token will be used for transactions between users on Lendsbay. Users will be rated based on their reliability by other Lendsbay platform members.

Crowdsale

Pre-sale
Pre-sale start date 18 Jun 2018
Pre-sale end date 29 Jul 2018
Pre-sale token supply 5,000,000
ICO
ICO token supply 70,000,000
Soft cap 10,250,000 USD (fiat)
Legal
ICO Platform 3
Country Limitations China,United States
Token details
Ticker LBT
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Bonus Program

Pre-ICO: 

  • Presale: 50% discount
  • Week 1: 45% discount
  • Week 2: 42% discount
  • Week 3: 39% discount
  • Week 4: 36% discount
  • Week 5: 33% discount
  • Week 6: 30% discount

ICO: 

  • Period 1: 26% discount
  • Period 2: 14% discount
  • Period 3: 0% discount
Token distribution

5% will be available during the pre-ICO
70% will be available for sale during the ICO
15% will go to the system's insurance fund
5% will go to the founders
3% will go to the bounty programme
2% will be distributed among team members

Funds allocation

Money received through the pre-ICO will be distributed as follows:

  • 30% for development of the app
  • 50% for ICO preparations
  • 20% on salaries and the bounty programme

Money received through the ICO will be distributed as follows:

  • 70% for project development
  • 20% for the insurance fund to support the functioning of the platform (optional)
  • 10% for the team, the founders and participants in the bounty programme

Ratings

Type of scores
Score
Status
Hype score Medium Active

Team members

Name
Position
ICO
Social
Founder, CEO Member of this ICO only
Founder, CFO/IR Member of this ICO only
Founder, COO Member of this ICO only
Founder, СRO Member of this ICO only

Advisors

Name
Position
ICO
Social
Risk Advisor Member of this ICO only
Advisor Member of this ICO only
Advisor Member of this ICO only
Advisor Member of 2 ICOs

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
Token LBT
Price 1 LBT = 0.5 USD
Product Type Ecosystem
MVP No product
Whitepaper View

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