Why NEU tokens have proper economical incentives:

1. There is limited risk of abandonment of platform after ICO - incentives are aligned since Neufund cannot touch the raised funds = those are still yours and in your control

2. Some people will withdraw their money before 18 months ( that way people who will stay committed will get some money - 10% penalty for early withdrawals or no investment)

3. Token holders will be neufund ambassadors - the more projects will be funded via neufund platform, the more dividends they will get

4. Most important fact: If Neufund will show that it's possible to put real company with solid revenues and solid growth as a token then it will start a wave of private companies doing ICO instead of IPO - that will mean massive liquidity gains and access for more early stage companies - so skilled investor can invest in things like uber or spotify before IPO

Information asymmetry and adverse selection state that borrower has more information about his situation and motivation than lend. So adding collateral can add more information for the lender. There is scientific proven (Chan and Thakor 1987) that borrower willingness to provide collateral will be inversely related to PD. So adding collateral will reduce a PD.


Collateral will be held by smart contract - so investor cannot scam the borrower

It's solving major problem in decentralised p2p lending = if you allow people to take loans without any collateral or collection process they will default with very high probability and you will have no recourse.

GetLine is creating two products like 0x:


- Fully decentralised ethereum lending smart contract (if borrower and investor are trusting each other) they can just use "loan template" to make sure that everything is clear.

For lending between untrusted people we need to introduce both collateral with scoring and collection process. That's why GetLine offer is actually towards people operating p2p lending websites - it's providing software library getline.js so anybody can create their own p2p lending site without large capital investments upfront (similar to Relayers in 0x protocols)

GetLine will be doing analytics of multiple ARA (Risk Analysis Agencies) - so compared to for example Bitbond you will have full transparency and no possibility of any platform wrongdoing (investments will be always directly between investors and borrowers and platform will have no access to you money)

Denied

If you are newbie you need to build credit history first

Rejected, denied!

Denied. You will not get a loan from GetLine. Further request or PM's will cause putting you in blacklist

Can you provide link to his getline profile?

Lending them less money than they already paid in interest. And performing due diligence for every borrower via investors community.

Also checking if borrowed money is really helping borrower in his business or  he is just stacking the loans

Thanks for kind words. Active community at chat.getline.in is making GetLine different. We are also very picky at approving borrowers and not giving stars to anybody. But if you want to build rep Getline is way to go

How much? 3000 will be enough? Poland needs PLN denominated prepaid card.

Bumping, one-vote for Polish Zloty as well.

Getline is p2p lending service. It's P2P so it means you need no verification for giving links to your friends so they can invest in you.
If you cannot get your friends to lend you money - strangers from internet will neither lend to you.

Rejected. Don't bother

Interested in your offerings.

PM me for details

Online mining is scam, thus loan reason is invalid

I can think about making ref program (it's already coded but not deployed) - and some signature campaign system.
(paying to your getline account for posting if you have enough rank) and probably posts in lending section will be counting