Lendingblock LND
Lendingblock Price Change 24H Change 7D Change 1M Change YTD Market Cap Volume 24H Circ. Supply
- - - - - - - 953.50 M 3.3/5 (#444)

Lendingblock Price Chart

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Lendingblock Performance

There's not enough data on Lendingblock to calculate Lendingblock price performance.

Algo. Score Rating

Analysis 3.3/5 (#444)
100% Open channels
61% Team Strength
83% Product Strength
40% GitHub Activity
64% Coin strength
70% Business strength

About Lendingblock

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Release Date Apr 22, 2018
Platform ETH
Consensus Ethereum consensus (currently proof of work, will be proof of stake later on)
Algorithm -
Lendingblock is an open exchange for borrowing and lending cryptocurrencies and digital assets. It allows borrowers and lenders to enter into fully collateralised crypto vs crypto lending agreements. Lenders can earn incremental interest income on their long term investment in digital assets, while borrowers can use their digital assets as collateral to enable borrowing to support shorter term trading, hedging and working capital needs. Lendingblock is creating a parallel financial service for the crypto economy to securities lending in traditional capital markets, a market that has $2trn of assets on loan and generated $4bn of revenue in 2017. This white paper will be released and extended incrementally in advance of the announcement of the token sale on 7th April, 2018.

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