Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO LIVE]◄ ♛ 🔥 Shift your car title into cash. 🔥 ♛
by
UpsilonTrooper
on 23/02/2018, 22:11:12 UTC
So I came here to find out more after noticing an unexpected 'ShiftCashExtraBonus' Token in MEW..
Firstly, whats the purpose of this bonus token, other than promo? Adding functionless promo tokens to my wallet address is like the crypto version of sending me junk mail - it does the project no favours in my eyes and I just find it rather annoying.

If you're going to airdrop for promo, at least send the ACTUAL platform token. Sheesh..  Roll Eyes

That aside, I did check out the website and whitepaper.

Interesting project but doesn't really get me excited from an investment point of view.
The ICO token price is a little too high for my liking.

Also, risking your car title for only 35% of its value? Not a huge enticement from a user perspective, in my opinion.
As I'm in Australia, I guess its not relevant to me anyway, as the project doesn't operate in my country.

Not trying to come off totally negative here guys, I just thought the last couple pages of this thread is lacking some honest feedback - among all the bounty hunters shilling for the project  Tongue Wink Cheesy

I do think the project has some potential however, with lending platforms being a pretty hot sector for crypto..
Best of luck guys..  Kiss
We do not require to judge the book with its cover in the same way we cannot judge ShiftCash with out analysing it completely as their metrics clearly proves their potential also their platform is set with extremely great features.
Agree, it is expected also to have negative and positive review of a project depending on how users really check the project. If you aren't convince with the project then it's your choice.

It's normal to received both positive and negative comments to this new project. This is still new and needs a lot of improvements, but time will surely come and we will see what they achieved.
I, like you, are looking forward to the launch of the project, since I'm interested in his idea. I think in real life the Shiftcash project will be quite popular.

Car title as a collateral for a loan has been a practice for many lending firms. A lender will usually look up the auction value of the car which is used as a collateral. The amount of loan to be issued by the lending company is usually 30% to 50% of the vehicle's worth. And ShiftC's percentage fall within the range.

30-50%? That seems pretty damn low IMO. Yeah cars are fairly tough to sell for like 100% market value but like 60% seems more reasonable to me over 30%