LOTS ICO Review

LOTS

Monetising Crypto Asset (Full ICO info not available, score may change)

LOTS Score



LOTS is a blockchain-based decentralised marketplace for borrowing & lending crypto assets in a easy and secured way. Their mission is to make assets more utilised, credit more transparent and investing more flexible. A global digital asset lending platform using blockchain technology. They are introducing the time value of money to crypto assets.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Earn interests by lending your crypto assets. – Raise liquidity against holdings. – Strong strategic partners – Fenbushi Capital & BKFunds. – All Star board of Advisors.

red flags

– No Token Economics. – Full platform won’t be available until Q1 2020. – 25% of tokens allocated for community reward. – ICO unknown to the Crypto community at the time of writing – 12th June 2018.

LOTS
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

High – Bo Shen, was an early blockchain entrepreneurs and investors in China; Founder of Fenbushi Capital and co-founder of BitShares. – Henry Liu, Blockchain Venture Capitalist; Ex-Facebooker; Growth Advisor; Former international fixed-income analyst at Liberty Mutual Group.

TEAM SCORE

Unknown

Medium – Zeen Zhang (CEO) Expert in blockchain & cryptocurrency – Well-known entrepreneur; former president of APAC at FACTOM. – Wenyi Wang – Founder of Blockchain Developer Alliance; Dell EMC storage software staff engineer, senior software engineer.

HYPE SCORE

Unknown

Low – Still early days in the project, no real community & next to no influencers talking about LOTS.

TOKEN SCORE

Unknown

Unknown – Full economics are unknown, although we know there will be 1 Billion LOTS tokens in supply, 50% of them available for the crowd-sale.

CONCLUSION

The cryptocurrency market is much heated, but mainly on ICO investments & secondary market trading, leaving huge opportunities in the lending market. LOTS is leading the way in the emerging crypto lending market. 
LOTS will select eligible collateral for secured lending, operate on smart contracts, set loss recovery mechanism through third party smart insurance.
 Aiming to be a global credit rating system. Based on AI analysis of lending transactions by the account address, LOTS takes the lead in realising unsecured lending & building the most professional decentralised credit rating system globally.
 Achieve a fair rate of interest worldwide, lending transactions are no longer monopolised by traditional financial institutions. The implementation of blockchain will keep tamper-resistant loan transaction records & help establish an all-transparent financial system.
 LOTS is supported by miners, investment funds & public chain system builders, helping the liquidity of the platform.

8.5

ADVISOR

4.6

TEAM

1

HYPE

5.6

TOKEN

finance

CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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