Why Creditors Choose Gelios: A P2P Lending Community Built on Trust and Technology

Bitcoin Press Release: Gelios, a P2P lending cryptocurrency company is making its name for creating a community built on trust and new and emerging technology.

14th of February, 2018 – Becoming a creditor is always a matter of managing risk. Think about it. You’re literally giving your hard-earned money to someone else with usually little more than their word to hold them to their obligations. In a best case scenario perhaps there is substantial collateral on the line, but this has become increasingly rare over the last few decades, and even if there is collateral on the line it is usually only a fraction of the value of the loan. Were it more than a fraction, it would no longer be collateral rather it would be a pawn. So, creditors are starting out on what could be described on somewhat predictable earthquake terrain. It only gets more complicated when these loans start happening across international lines.

For the global elite, sure international loans are no big deal because the costs of the army of lawyers (that oversee the transfer itself and legality of it), is little more than a footnote compared to the sums involved. For those who cannot count on the lawyers version of justice league to oversee everything, then international loans are actually quite complicated and difficult, especially when the loans are between non-related individuals. For example, for people trying to help others around the world start business or develop their region. These kinds of loans tend to get caught in the net of red tape and both sides suffer for it.

Gelios tackles this problem with state of the art cryptocurrency technology. But how does it work and how does it limit risk to creditors?

Security

This is the signature feature of cryptocurrencies and the Gelios token is no different. The entire system is built from the ground up to be completely secure. One of the problems normal transactions run into (especially outside of Europe and North America) is the risk of the wrong person ending up with your money. If you want to help X person start a business, but there is risk that the transfer will be held by the government or could end up in the hands of the wrong person, then you probably won’t be making that transfer. But with the advent of cryptocurrency, you can be sure that the guy at the other end is the guy you want to be there to receive the money.

Decentralization

The decentralization of currency is a key part of the value of cryptocurrency and Gelios. Decentralization is more than what most people make it out to be. Often, it is made out to be little more than the lack of a central structure directing and routing payments. But it is more than that, it is the lack of a central structure regulating and deciding the value of the currency itself. With national fiat currencies, the government is literally the only thing assuring you of the value of the money.

With cryptocurrency and Gelios, the value that tokens are assigned comes not from a central power structure telling you that it has value (and then insisting on seeing the transaction, etc), no, the value comes rather from a decentralized network of users providing demand that in turn creates the values itself. This is extremely important when working with many nations around the world that have fragile currencies or currencies that have disadvantaged trading factors. Cryptocurrency, being completely borderless, has none of these issues.Furthermore, there are no transaction fees or difficulties with the exchange of certain currencies.

Privacy

Going hand in hand with decentralization and security is the new expectation of privacy that exists with cryptocurrency. When the world ran on cash and coin (as in real coins), the vast majority of transactions were totally private. There was no one butting in, no one reading the transcript, and no one calculating how much you have earned, borrowed, loaned, and made this year. Nowadays most transactions occur online or via a network (or several) and they are recorded by many government, businesses, and third parties. With Gelios and crypto you have complete control and privacy.

The Future of P2P loans

These are just some of the ways that Gelios technology is using cryptocurrency to help bring international P2P loans to the masses. Gelios also includes a litany of features that ought to be very interesting to our readers. The first being Smart contracts – our contract system is based on smart contracts which gives you innumerable benefits. We call this system Gelios Smart Contract Governance. Even better, with Gelios Customer Risk Analysis you will be able to judge the potential risk and upside of your Gelios loan! With smart contracts, risk analysis, and other innovative features, Gelios is leveraging the best of cryptocurrency with innovative technologies and procedures.

If you are worried about potential late payments, Gelios has your back with hardcore protection. This protection is called Gelios Collection Market. Gelios offer a service that lets you use soft collection tools to recover money from reticent borrowers.  All this to make international P2P loans accessible to all and making sure creditors know where their money is going and when they’ll be getting it back.

Gelios Pre-TGE

Gelios are currently holding a token generation event (TGE) which started on the 21st of January, and ends on the 21th of February. Each token (GLS) is equivalent to 1 USD and in return for early contribution they are offering a 100% bonus. The soft cap is $150,000 Pre-TGE and $500,000 thereafter. The hard cap has been set at $7,000,000. There is a total token supply of 16,808,824 of which, 8 572 500 will be made available for the community. All unsold tokens will be burnt in accordance with smart contract rules.

For more Information, visit the Gelios website at: http://bit.ly/2FWKhvd
Connect on Telegram: http://bit.ly/2FuMU6V
Join the Discussion on Twitter: http://bit.ly/2DMaSub
Connect on Facebook: http://bit.ly/2Ecibjb

Media Contact
Name – Artem Zhilin
Email – artem@gelios.io

Gelios is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Blockchain-based Peer-To-Peer Lending Service, Inspeer, Successfully Reaches Soft Cap

Bitcoin Press Release: Decentralized p2p lending platform, Inspeer, has surpassed their initial $2m milestone. Next on their ICO roadmap are product launches planned in Russia and Estonia.

Feb 1st, Limassol, Cyprus Inspeer, an online p2p lending platform for both fiat and cryptocurrencies, has successfully exceeded their ICO’s initial two-million dollar soft cap. This milestone will allow the company to create a web-version of their platform, offer virtual cards to users, release mobile applications for both iOS and Android, and open their services to residents of Russia and Estonia. Inspeer is now moving towards their second milestone, which will allow for even further development of their P2P lending platform.

“As we get closer to our hard cap, we are going to be able to provide our future users with more and more services that extend the coverage of the Inspeer platform. As soon as our $30M hard cap is reached, we will be able to develop a lending system that services small and medium-sized businesses, in addition to individual users. We will also integrate a crowdfunding platform into our product lineup”. – Said Denis Kabanets, CEO at Inspeer.

Capturing the Niche

Inspeer occupies a narrow product niche of P2P lending in cryptocurrencies, which is hardly present in the Russian market. What is more, it has a unique legal system developed solely for the project, which provides full transparency and safety.

Extensive contribution options make the participation extremely simple. It is possible to purchase tokens using Bitcoin, fiat, and more than 40 different altcoins including plenty of ERC20 compliant tokens. The full list of accepted payment methods can be found on Inspeer’s official website.

In celebration of exceeding their contribution soft cap, Inspeer has introduced new bonuses for contributors. These include:

  • 5% bonuses for all the participants until the end of the ICO campaign.
  • 5% additional bonus for everyone who contributed earlier but didn’t get any reward.

Anyone wishing to participate still has a chance to join the Inspeer ICO before it ends on February 19, 2018.

Visit the Inspeer Website

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Follow Inspeer on Medium

Media Contact
Contact Name: Denis Kabanets
Contact Email: info@inspeer.io
Location: Limassol, Cyprus

Inspeer is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Blockchain Video Platform Viuly.io Connects to Ethereum Mainnet

Bitcoin Press Release: After a successful airdrop to over 900,000 Ethereum addresses in November, Blockchain-based video platform Viuly will connect its blockchain video sharing platform to the Ethereum Mainnet on December 18th.

December 14, 2017 Talinn, Estonia – Revolutionary online video ecosystem Viuly has taken the next step in its disruption of the video sharing industry, by connecting its platform at viuly.io to the Ethereum Mainnet on December 18th.

According to Ethplorer, the VIU token is now ranked number 1 of the top 50 tokens by transaction count on the Ethereum blockchain.

The video platform is now live: advertisers can now deposit VIU and pay for ads, and users can now withdraw the VIU they earn from watching videos, direct to their Ethereum wallets.

This development follows the successful completion of an airdrop campaign that saw the free distribution of 458 million VIU tokens to about 900,000 unique Ethereum users, essentially creating almost a million potential new users able to transact on the Viuly platform.

The alpha version of the platform has been live for weeks, and is now receiving over 40,000 unique visitors daily, recording 100,000 registered users.

Viuly’s VIU token is currently trading on Bit-z and Etherdelta.

Trade VIU with BTC on Bit-z: https://www.bit-z.com/exchange/viu_btc and ETH on EtherDelta: https://etherdelta.com/#VIU-ETH

Advertisers are welcome to promote their videos, pre-roll video ads and banner ads on the Viuly platform using VIU tokens available for purchase on these exchanges. To promote this early opportunity, Viuly is now offering new advertisers a 100% bonus on any amount of tokens spent on advertising packages.

VIU tokens were airdropped to over 900,000 ETH wallets on November 5th

Everyone who had some ETH in their Ethereum wallets when the snapshot was taken on November 5th can view their tokens in their wallet by using the following settings to add a custom token:

Address: 0x519475b31653E46D20cD09F9FdcF3B12BDAcB4f5

Name: VIU

Decimals: 18

The Viuly referral program
To further encourage growth and adoption of the Viuly platform, all users can now benefit from a 3-tier referral program to be introduced on December 20th. Under this incentive model, users will earn VIU tokens when people register on Viuly as their referral, three levels deep:

1st Level: 50 VIU
2nd Level: 30 VIU
3rd Level: 20 VIU

Additionally, users will also earn a percentage of all referral earnings on the platform according to the following rate:

1st Level: 5%
2nd Level: 3%
3rd Level: 2%

About Viuly

Viuly’s mission is to disrupt the multi-billion dollar industry of online video sharing with its blockchain-based solution. Through decentralization and transparency, it aims to create a fair and open video network operating on an equitable model of revenue sharing.

VIU tokens are the native currency powering the Viuly video platform. They are used to transfer value between advertisers, content creators and users.

Viuly will be a full-fledged platform for users and content creators to share and watch videos, while immediately earning rewards for their interactions. This revolutionary ecosystem will enable a fair, unrestricted environment to share, watch, and upload any content.

Viuly’s revolutionary blockchain solution has already led to a firm backing of EUR 150,000 from blockchain investing firm Krypton Capital. Together with Krypton Capital’s “smart money” philosophy, Viuly aims to establish strong ecosystems of related companies to grow values and revenues together.

Learn more on Viuly’s website: https://viuly.com
Trade VIU tokens with BTC at: https://www.bit-z.com/exchange/viu_btc
Trade VIU tokens with ETH at: https://etherdelta.com/#VIU-ETH
Check out the Viuly Alpha video platform at: https://viuly.io
Trade VIU with BTC at: https://bit-z.com
Trade VIU with ETH at: https://etherdelta.com/#VIU-ETH
Read the Viuly Whitepaper: https://viuly.com/Viuly_Whitepaper.pdf
Chat with Viuly on Telegram: https://t.me/viulyofficial
Follow Viuly on Twitter: https://twitter.com/ViulyOfficial
Join Viuly on bitcointalk: https://bitcointalk.org/index.php?topic=2353646
Catch up with Viuly on Medium: https://medium.com/@Viuly

Media Contact

Contact Name: Ruslan Popa
Contact: support@viuly.com

Location: Tallin, Estonia

Viuly is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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