Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] CEREAL - BLOCKCHAIN ECOSYSTEM FOR ASSET-BASED LOANS
by
Cereal Team
on 17/07/2018, 13:13:14 UTC
Hello, comrades. As stated in the white paper "In the future some other cryptocurrencies (not Bitcoin and Ethereum only) will be considered as deposit assets, as well as, possibly, other assets that can act as liquid deposit". On the basis of what indicators will you select cryptocurrencies are able to act as security for the loan, and what do you mean by "other assets"?


At first since the Cereal platform is released, we will consider BTC, ETH and mining equipment as collateral. Later we will expand the list of cryptocurrencies that can be used as collateral.