Almost every day new lending project. ETHlnd have a great succes and have platform already. Why we need another hundreds similar projects?
Yes because it is profitable. Every year, more people use the services of creditors, so it is convenient for both parties.
Ok, may be this is good for lenders if we will have a lot of competitors. But Im look as investors. And hundreds similar ICOS not good for investors.
It seems to me the opposite is good. This shows the high demand for this type of platform. You just need to choose a good project and earn with it.