Log in
Sign up
Lendingblock

Lendingblock

Lendingblock is a cross chain securities lending and borrowing platform for the cryptocurrency economy.

OverviewStructured DataIssuesContributorsActivity
Contents
Overview

Lendingblock is a securities lending platform for cryptocurrencies and digital assets. Users can lend and borrow cryptocurrencies against a collateral of other cryptocurrencies, in a completely decentralized and private manner. The Lendingblock ecosystem is self-contained, allowing for fully collateralized lending and borrowing of crypto-assets. The exchange is the most important component and is what connects lenders and borrowers transparently, so both parties get the best execution. Lendingblock is open and in real-time, using the market clearing interest rates for fairness.

LND Token

LND is the native token of the Lendingblock platform, and as such is the sole medium through which interest payments are paid on loans. By using LND for these functions, Lendingblock is able to reduce the cost related to exchange fees. The presale for LND lasted from April 7 to 14, 2018 with an allocation of 450 million tokens (45 percent of the total) and a 20 percent bonus. The effective price of LND was $0.01666667. The main sale ran from April 15 to 29, 2018 with 100 million tokens (10 percent) allocated and no bonus for an effective price of $0.02. Overall, the soft cap was $5 million with a hard cap of $10 million, a figure that was met with $10 million raised in total.

Timeline

No Timeline data yet.

Further Resources

Title
Author
Link
Type
Date

LendingBloc | Home

https://lendingbloc.com/

Web

References

lendingblock.com
Is a
Cryptocurrency
Cryptocurrency
Company
Company
Organization
Organization

Company attributes

Industry
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Blockchain
Blockchain
Decentralized application (dApp)
Decentralized application (dApp)
Cryptocurrency
Cryptocurrency
Financial services
Financial services
Location
London
London
Seychelles
Seychelles
United Kingdom
United Kingdom
CEO
Steve Swain
Steve Swain
Founder
Steve Swain
Steve Swain
‌
Linda Wang
AngelList URL
angel.co/lendingblock
Legal Name
Upstream Ventures International Limited
Full Address
House of Francis, Room 303, Ile Du Port, Nahe, Seychelles
Investors
Astronaut Capital
Astronaut Capital
-1
Founded Date
2017
Email Address
info@lendingblock.com
Exchange
Coinsbit
Coinsbit
Wellfound ID
lendingblock

Cryptocurrency attributes

Ticker Symbol
LND
Block Explorer URL
etherscan.io/token/0x...7c791a6b2

Other attributes

Blog
blog.lendingblock.com
CoinGecko ID
lendingblock-1
Company Operating Status
Active
Cryptocurrency Symbol
LND
Token Standard
ERC-20

Find more companies like Lendingblock

Use the Golden Query Tool to find similar companies in the same industry, location, or by any other field in the Knowledge Graph.
Open Query Tool
Access by API
Golden Query Tool
Golden logo
Company
HomePress & MediaBlogCareers
We're hiring
Products
Knowledge GraphQuery ToolData RequestsKnowledge StorageAPIPricingEnterpriseChatGPT Plugin
Legal
Terms of ServiceEnterprise Terms of ServicePrivacy Policy
Help
Help centerAPI DocumentationContact Us
By using this site, you agree to our Terms of Service.