Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] CEREAL - BLOCKCHAIN ECOSYSTEM FOR ASSET-BASED LOANS
by
skladnikov
on 23/07/2018, 12:10:04 UTC
Just read about the project in an article but not much of informations were provided. I would like to know what do you consider as collateral, as it's mentioned " collateral to access loans in fiat currency"?
Collateral means crypto assests. They will lend us money in terms of loan by which we can purchase mining equipments and in return we have to store our crypto assests with them.The cryptoassets will be returned to investors as soon as the loan is repaid.