The big news is that CoinLoan is preparing to launch an Initial Exchange Offering. Even though CoinLoan has a dozen times smaller funding than any competitor, we already managed to develop the most advanced and flexible platform on the market. But good enough is never enough. We’re doing our best to accelerate the progress even more and expand our services.
While IEO is the hottest new trend now, we couldn’t ignore it. Scroll down to find out why IEO initiative has the potential to create a win-win situation for users, CLT holders and the platform itself.
Benefits for the Platform
We at CoinLoan consider IEO as an opportunity to receive extra attention and the necessary funding for the project. It’s a significant opportunity to boost the platform growth, primarily in the field of product services expansion and global licensing.
Alex Faliushin, Co-Founder and CEO at CoinLoan explains:
“The project will use the funding from IEO to develop White Label and SaaS solutions for corporate customers and to obtain an EMI license. B2B marketing, Legal and Management vectors will also require supplementary funding.”
Benefits for Users
IEO activity will definitely raise platform awareness and the number of users. The power of P2P technology comes from the network, so the more users, the better for everyone. It means more Loan Offers & Requests and growing competition for better interest rates. It also means a shorter time before someone picks up your Offer or Request.
Moreover, we’ll use the funds gained to improve existing features and accelerate the implementation of new functions. Now is the moment for crypto-to-crypto lending and Visa/MasterCard payment methods.
Benefits for CLT Holders
Our updated fees structure has already increased demand for tokens, and the growth in platform usage promises to improve the CLT liquidity as well.
