Bloqboard lets you lend others your hard-earned crypto

Bloqboard lets you lend others your hard-earned crypto

5 years ago
Anonymous $yysEBM5EYi

https://techcrunch.com/2018/11/05/bloqboard-lets-you-lend-others-your-hard-earned-crypto/

Vitaly Bahachuk wants you to share your crypto. His company lets you lend cryptocurrency peer-to-peer via smart contract, ensuring you can send your buds some red hot Ether and, in theory, they have to pay you back. Further, it allows for some other clever tricks to be played with ERC20 tokens including performing some of the techniques used by equity traders.

Co-founded by Alex Bazhanau and Bahachuk, Bloqboard is live now and the lending system is powered by decentralized lending protocols. They’ve recently raised $1.2 million from Polychain Capital to set up shop after a summer of building use cases for the lending space.