To those who have just caught on, The Bantam Project pledges to furnish a fixed amount of loans, every 24 months.
In order to back these loans, we are accepting Bantam (BNT) as collateral.
This opens the door to a new era of crypto currencies where the focus isn't on some newfangled technology, but on the actual use of digital currencies as a medium of commerce. BNT acts as a lubricant of digital commerce that will ultimately allow each and every person involved in digital currencies to prove their own, or disprove another's credit worthiness.
This will lead to increased financial activity as more and more people become able to take on loans in order to boost their own capital and expand commercial/personal productivity.
Not only can Bantam (BNT) be used as (1) a representation of value, but as (2) a representation of cryptographic collateral and as (3) it's blockchain is used as a database that tracks, proves and disproves the credit worthiness of it's users.
Also as a side note, we will be releasing project expansion updates in the coming days. As well as publicly logging the loan repayments of current project participants, so keep an eye on this thread for updates as they arise. We will also be posting a map and full description of what we have instore for the Bantam Project during the coming months