So I've been doing some looking into Defi ICO's out right now and I came across one that has really promising ideas and is fairly simple it seems in its nature. they have an explainer video
https://youtu.be/oI8tvrVwa5wI have to say I like the idea of loans that repay themselves just imagine how this could change the world in time. There are also pretty much ZERO Defi project that are not erc20 based. Most of all I enjoy the idea of borrow money privately and simply without KYC right on a blockchain. Has anyone else checked this project out? This could be a project bigger than Chainlink in the making. I think with a little time these guys could be what we are all talking about every day. this way of lending could help a lot of startups and projects as well as even help entice the poor masses to take a chance on crypto since they can borrow without repaying it.
projects websites include:
safexplatinum.comsafeth.iosafethmarket.comSounds unique but at the same time hard to believe as well, personally i will stay away from all these crypto lending, borrowing projects untill a proven solution is here with track record of atleast 2 to 3 years because not only these projects can be uncertain but being sustainable for longterm is also a big question mark.