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.
But the market is always growing, a small number of platforms can not support its effective growth. Investors should monitor the market and observe promising projects.
Unquestionably, investment in any project is primarily a risk. No one will give you a 100 percent guarantee that you can earn money on this. That would not go into minus, you need to analyze each project, before investing.