Hello Crypto-investors from the lending space.
I want to share with you today some updates regarding the lending and the launch of the Eigencoin platform. One week ago Eigencoin launched its internal exchange and is now fully functional. Eigencoin made the ballsy move to open in a bear market to keep the investors’ trust and has done succesfully so!
Eigencoin is focused on organic growth and long term sustainability. For this reason they offer up to 1%. Unlike Davor, who pumped and dumped their own coin with high rates and then ran away, Eigencoin aims to be the new actual standard for lending and is the sleeping giant to watch in my opinion. They coordinate with a law firm to ensure legality of the platform. For this reason, US IP's are banned from the platform.
I also want to let you know about their recent promo. They will be offering BTC payouts to an amount of new investors to build trust and reputation. The following is a small piece of this promotion:
“BTC Lending: For 10 days, starting on February 19th, up to 750 new users (accounts created after the 14th) will be able to lend EIGC at a $3 rate a variable interest rate (minimum 0.4% daily), at a maximum of 500 EIGC per user. Throughout these 10 days, ALL interest for these loans will be paid out in BTC.”
They will also be doing a telegram airdrop in the nearby future to start raising awareness. To read the whole promotion and stay in the loop for further promotions check out their telegram: www.t.me/eigen_coin
Check out the next safe haven for those hurt by the recent events in the lending space. The next big thing is www.eigencoin.co
I want to talk with you about the past few days. During this time, Bitconnect suddenly announced they were halting all loans which led to mass liquidation of bcc tokens. Bitconnect decided to pay users $317 a token and not a day after that starting taking those very same tokens back for $150.
There is also the running accusation that they sold their tokens before the event and that they are currently selling whatever is left, milking its users dry. There is no guarantee that BitconnectX will ever be up and running. These are the dire facts that show Bitconnect does not give a single thing about its lending community.
Right now there are more uncommunicative platforms out these such as Davor with unsustainable rates. Buyers should beware of the risk they’re taking with them.
However, I don’t believe lending is dead. I know there are a lot of investors who knew that they risked capital loss and were okay with it. I know that passive income is shown as desirable next to crypto gains. It is my personal belief that lending platforms will stick around this year, while the crypto market continues its run.
I want to share with you my recommendation for those who are still looking to lend. EigenCoin is a new platform that offers sustainable rates (not 45%+ monthly guaranteed such as some platforms swear by). They are focused on long term growth. I believe that lending can still be around: Eigencoin would never treat its community in the way that Bitconnect has.
They have live support and are dedicated to hearing and implementing community feedback. They are the only ones I know to provide detailed guides for their platform to help new users and they are transparent with the community. With a team operating with integrity and experience in fund management, finance and investments this should be a platform that sticks around longer than Bitconnect, but more importantly will never hurt its community in the same way as Bitconnect did.
EigenCoin is working with a law firm behind the scene which clearly shows from their whitepaper, which is the most professional whitepaper I’ve ever seen from a lending platform. They are very active in seeking revenue to keep their platform sustained. EigenCoin has not allowed US participants and is operating according to the law. Sign up for the EigenCoin platform.
Please be careful with unsustainable lending platforms and always remember,