Quote from: holydarkness on February 19, 2018, 06:25:16 PM

Quote from: celsius.network on February 19, 2018, 05:49:31 PM

Quote from: holydarkness on February 18, 2018, 09:16:55 PM

Does Nuke Goldstein and Nuke Goldstein related? The same person? Misplaced name? The CTO and CMO share the same name, but their picture is different.

And, about your project, please confirm or correct this, your "payback" is basically an interest for fund owner for lending their fund by storing the fund at your wallet sercice, am I correct?

Greetings Holydarkness,
First of all we would like to say sorry for the delay on replying to your comment, we thank you for point it out the names (Nuke Goldstein), we have made amendments to it, regarding the payback a.k.a interest thats correct, in case you have any other question and would like a quick answer please do no hesitate to get in touch with us over telegram, we are there to help you 24/7.
https://t.me/CelsiusNetwork

I would like to be in touch on telegram for discussion, however for this kind of question, I think it is better be held here, so investors and information seekers fan find these kind of info easily, because an info and discussion on telegram can be easily drowned.

So, as this project paid their members from the interest generated through a loan funding, and as we all know that lending is a high-risk-high-return project, I would like to know if you have a prevention method for a case of default?

I couldnt agree more with you regarding the information being placed here, great for awareness.

Going back to your questions, I would really like to refer you to the page 8 of our whitepaper.

"Security and Risk
Celsius is building the platform with security at its core. We will use bankgrade
security to keep our members assets and data safe. From multi-factor
authentication, to encryption, to private-key double vaults, and more. Our
software is designed with security in mind.
Crypto assets will be distributed among several wallets and top exchanges. In
addition, we will store a cold wallet treasury to provide last-resort insurance in
case of a catastrophic event. We will also employ white-hat hackers and third
party cyber security solutions to provide a continuous cover layer of audit and
protection"

for more information please refer to the whitepaper ; https://celsius.network/wp-content/uploads/2018/03/celsius_whitepaper-march21.pdf