Post
Topic
Board Tokens (Altcoins)
Re: 🔴[ANN] LendFunding: Crowdfunding Initiative w/Guaranteed 1% & 2% Daily Interest
by
coinmenace
on 27/01/2018, 13:39:55 UTC
how sustainable will it be for you/the project to guarantee and pay the 1% and 2% daily (compounded) interest rates?

what is the business model in generating (enough) profits?

Very sustainable, for it's a close-end program with only tens of thousands being rewarded opposed to millions relying on newcomers, e.g. Ponzi or pyramid schemes.

Mega profit, with the sales of PAQs being the main source of income, currently offered at U$25 each not to sell over U$500 each down the pike, with only 1M available to satisfy mining/hashing 10K YouTubers' yAltcoins (100 PAQs max mining/hashing each yALT, hence the 1M figure). The earning potential of each PAQ is no less than U$2,628 worth of yaltz per year - EVERY YEAR - realistically, double that, but penning conservatively.

We even have a defense mechanism in place in case a YouTuber gets banned by Google, dies or abandons their channel. Also, in case a YouTuber's yaltz fails to scale but the channel's still viable [of sorts], they can be basketed with other subpar or favorable yaltz, in essence sold below the set minimum on our exchange, namely U$0.01 each, whereupon the buyer and seller are happy with the deal, the buyer, perhaps, rebasketing any subpar yaltz, retaining only what's deemed favorable for their portfolio.

A YouTuber embracing our platform will NEVER incur fees et al. on our platform. Also, there'll be no fees onto or off our exchange, so there's no moneys generated there.

We will retain yaltz from blocks mined/hashed exactly every two minutes per yAltcoin for half the total block rewards over the course of just under six years (thus under three years worth). A tidy sum but, again, the big money filling our coffer will be the sale of PAQs (think of them as virtual miners in case you're not versed).

In conjunction with maintaining our platforms and all that that curtails, mega bucks will go toward the advancement of YouTube channels whether they embrace our platform or not, more so, of course, for the former over and beyond their respective allocated yaltz immediately available for trade, or hold in the hopes of rate increases as they enhance their brands with help from our network of providers (see http://yutubopolis.center/ways-lynspinz-make-bank/).

Hope that addresses your questions/concerns, bud, and thanks for inquiring.

Bruno


Good to read your answers. With the recent downfall and collapse of the Bitconnect and the proliferation of other lending platforms that follow the XxxConnect pattern, expect some scrutiny in the sustainability of the "lending" part.

How much has been raised in the Pre-ICO for the YTC? And how many PAQs have been purchased?