Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] CEREAL - BLOCKCHAIN ECOSYSTEM FOR ASSET-BASED LOANS
by
Cereal Team
on 04/06/2018, 14:45:41 UTC
How exactly does it work? Loans with assets as security?

Hi , fayie ! The Cereal ecosystem allows cryptoasset investors to use their cryptoassets as collateral to access loans in fiat currency. This means platform-users have the ability to secure their Bitcoin or Ethereum in return for access to cash. Their cryptoassets are placed in secure storage and returned to investors as soon as the loan is repaid.
Best,
CT