I am 100% interested in this project because of their message of 0% interest loans because I am one of the many people who have credit cards with quite high interest rates.
But when I read the information on the page, I am still in doubt about how this is all going to work out in the real world if too many people want to get a loan with that quite low fee. How they are going to maintain all the systems are still not clear to me.
And it’s also ridiculous that if you want to borrow some money, you have to have 100% collateral in ETH and borrow 90% of the amount of that. It means you have to have money first to make all of the 0% happen.
The video on the web looks easy to understand but when listening to it, it’s still confusing.
So I looked more at other social media platforms, and it’s pretty bad.
Twitter: Quite active but nothing interesting
Telegram: Update but the most part is just team updates, not really people engagement, then again not that much interesting information
Discord: Active and real engagement
In summary, I gave it a 2.5 because if I have time, I still want to know in the future if they will develop all the conditions or systems or not. Show Less
