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LOTS

Crowdfunding & Lending

Overview

The LOTS platform is a blockchain-based marketplace that stands out for its approach to borrowing and lending in the crypto world. LOTS enables its users to leverage their blockchain assets to secure crypto loans, on terms mutually agreed upon by both parties.

Features

LOTS will use ID authentication of wallet address and work with external digital identity verification providers, as well as the mainstream credit data companies (such as the FICO in U.S.) to improve fraud detection operation.

For users participating the services provided by LOTS, no matter what kind of digital assets is to be borrowed, the LOTS token could be used in settling the service charges and discounts will be applied accordingly.

The OTC one-on-one paper contract is replaced by a smart contract on blockchain, using technical features of smart contracts including programmability and auto-execution to enables more customization.

LOTS users could borrow SOC to attend gaming events.

LOTS users who hold ETH can use ETH as collateral to borrow EOS, instead of selling ETH to acquire EOS (giving up appreciation of ETH).

LOTS users who hold a large amount of BTC may want to achieve a steady income through lending.

Crowdsale

Token Sale
ICO token supply 500,000,000
Token details
Ticker LOTS
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

50% - presale, ICO

5% - foundation

25% - community rewards

20% - team

Funds allocation

30% for platform construction ‧

20% for worldwide staff recruitment ‧

20% for market expansion and maintenance ‧

20% for legal expenses and government relationship maintenance ‧

10% as reserve

Ratings

Type of scores
Score
Status
Hype score Medium Active

Team members

Name
Position
Score
Social
Founding team member
NA
Founding team member
NA
Founding team member
NA
Founding team member
NA

Advisors

Name
Position
Score
Social
Advisor
1
Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
LOTS ICO Contacts
More on ICO
Token LOTS
Product Type Marketplace
MVP No
KYC No
Whitelist No
Whitepaper View
LOTS (LOTS) widget
Rating Get this widget
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