Quote from: semiwylson on January 12, 2018, 08:04:44 AM

Quote from: dredson1983 on December 23, 2017, 10:05:06 PM

Quote from: Loco Motive on December 23, 2017, 05:16:01 PM

Are the loans secured by crypto-collaterals (e.g. i'm borrowing BTC using ETH as a collateral)? If not: lenders will not be incentivized to lend to anyone. If yes: that's like going margin long on a coin while using another as a collateral, why whould i use this platform if i can do that more easily on almost any exchange?
Seems strange to me that a project that presents itself as "P2P crypto lending" does not answer those questions straight away.

The platform eill use gelios token to do the transaction. We will have a KYC to choose only trustful participants in the platform. In the exchange you don't know to whom you are lending.

What docs are obligatory for KYC? Will u have the light KYC or full?

As far as I know here will be light KYC. So no docs are needed. only first name and the last name, email and other simple info