Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POS][MASTERNODE]⚡️PayDay-Unique global loan mechanism based on blockchain⚡
by
Inna_Day
on 10/09/2018, 09:43:33 UTC
Do not understand the definition of this coin, can you introduce it easily and plainly? And, by the way, why did you choose such a name for your coin? Thanks in advance

Hi!  Smiley PayDay Coin is a Peer to Peer (P2P) based microlending platform. Peer to Peer loaning allows lenders to lend to people all over the globe, not inhibited by borders. Global loaning means people who don’t have access to loans will be able to get loans at a reasonable interest rate. The PayDay Coin platform gives borrowers opportunities not previously available while giving lenders a new market to invest in. You can find more information in our White Paper https://paydaycoin.io

PayDay loan is an English expression that you’ll hear often in the United States, means small, short-term loan. So thats the best way to explain the mission of PayDay Coin. PayDay is a coin for P2P lending solutions with an ambition to confront the low activity of small and medium businesses, general lack of funds in small and micro enterprises, investors' credibility and even the unemployment issues.