Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POS][MASTERNODE]⚡️PayDay-Unique global loan mechanism based on blockchain⚡
by
wledgewil
on 21/05/2018, 16:12:57 UTC
You have KYC requirements under masternodes, yet you are not disclosing your team members?  Huh How can you gain trust especially you are dealing also with lending platforms that everyone else wants to venture with.
Good question. I would also like to know the composition of the team? For any credit institution, the reputation of the team is important.

That's a good question indeed, but NDA won't let us reveal that. But frankly speaking what will you get from knowing that? There are many successful projects, with no or partial info about the team. Also there are many examples of scam projects, having revealed that info from the very start. We truly believe that it's better to look at what the team is doing for the project and follow their progress, you agree?

That explains well and you really have a very nice answers. Since this is a unique global loan mechanism based on blockchain and I think can be a good start of changing the loan mechanism from the traditional way which is I think only the owners can be benefited.
Payday bank takes a significant part in KYC procedures and stores the entire loan history and its system is highly protected ensuring all the safety to protect all their investors from threats and hackers.