Post
Topic
Board Announcements (Altcoins)
Re: ⚡️⚡️⚡️[ANN] [PRE-ICO] LendsBay | Credit ecosystem
by
nesh1
on 18/07/2018, 18:52:51 UTC
Interesting details I found from whitepaper. "Depending on the stage of the ICO, the price for one LBT token will vary from 0.0005 to 0.0010 Ethereum (the only currency with which you can buy LBT tokens). All unsold tokens will be destroyed." But I still didn't found that which currencies we can use to invest in ICO.
I think you can only use eth to buy LBT tokens, maybe the team should consider Fiat payment too this way they can get different kind of investors and also new investors who do not have a lot of knowledge from the crypto world.

According to the whitepaper the only currency for payment is ETH. They should think about other currencies or maybe fiat payment.

Now we accept ETH and BTC (the possibility of accepting BTC appeared recently)

Glad to see that they listened, it will be better they put some other currencies like LTC, DASH XRP etc so they give more option to investors who are willing to purchase more and they don't want to go through the hurdles of changing their base currency
I thought they are accepting only ETH. But this is nice to see that they are accepting two Crypto currencies to invest in ICO. I hope they will allow more Crypto currencies or FIAT option.

I think they need to start accepting more and more Crypto currencies to increase the tokens sale. BTW, how much tokens sold till now ?

I have asked in their Telegramm channel and one Admin answered that they maybe implement Fiat payment later in the ICO. Up to now they sold LBT for 200k $ so 80% of softcap is reached, with 10 days to go.
Nice to see that some good news about more payment options. But when they are going to start FIAT option for ICO? Because in days they will reach their Pre-ICO target.
Maybe they will do it after pre-ico and before the start of the ICO, but i think it is better if they implement it now because this way they could achieve their target a lot quicker.