Allend Multi-Cryptocurrency Lending
I’m always looking for an ICO thats meets my criteria. Transparency, communication, whitepaper, low coin supply and that zing factor, that one selling point that makes it stand out from the crowd, Allend has that. Instead of just being able to lend with the platforms coin you can also lend in BTC and ETH. This is a game changer and hasn’t been seen by any other platforms to date.
You probably say “well doesn’t that make the coin obsolete in the first place?” my answer is no. The coin provides the security to user, blockchain allows for the transparency of the company so everything can beseen by anyone, with no coin we have another Bitpetite on our hands and we all know how that went.
At a glance:
Their ICO looks as though it will run like all the others structured over 4 rounds, 4 mil for the first 3 round and 3 mil for the 4th. Interesting point to note is the price increase, if you get in on the 1st round its at 50c compared with the 4th being $1, seeing as we never see these coins go back to initial prices thats an instant 2x! To sweeten the deal there’s even bonuses offered for each round, 15% round 1, 10% round 2, 5% round 3 and 0 for round for, I know when I’ll be aiming to get in on this one.
Things that make Allend stand out:
1. Multi- Currency lending
- Hasn’t been seen on other platforms, BTC and ETH can be lent along with the platforms organic coin, if you’re a hodler of either of these and are looking to diversify then this is the product for you
2. Long term road map
- The ICO is running from 15th Dec — 25th of Jan with lending not available til Feb 1st! Some people see this as a negative as they want the product ASAP. Time and time again we’ve seen platforms rush their dates and end up with a sub optimal product, the time between ICO start and platform functionality allows for hype to build and to get it right the first time.
3. Transparency
- This is the first time I’ve seen this, they’ve actually posted their address:
Galleria Esplanad Pohjoisesplanadi 33, 00100 Helsinki, Finland
Whether it’s legit or not I don’t know but this is a very risky move if its not, If anyone could verify and get back to me that would be great!
Their road map looks very well structured, February is the month that i’ll be looking at to have my profits actualized but going from there is some very interesting things. May 18 listing on CMC note the target price $100, quite steep but in this world anything can happen. Jun18 they have a mobile app beta with full release in Sept. Noting November 18 $200 target price, If you get in round one at 50c thats 400x gain! Monstrous profits, especially if you benefit from the staking option from February.
All in all Allend looks like a solid, legitimate project with massive upsides, I’ll be playing my usual strategy on this one, hoping to recuperate initial investment asap and will be staking from there, I’m not 100% sold on lending as of yet but that’s only due to lack of information as to how it will work, If it looks like a viable option then i’ll be doing that as well
Trust level: 7.5/10 Still early days and waiting to see how this ICO period will run but all in all professional and transparent with good communication
Profit Target: 20x this is very conservative but only running on little information, I will update this as more comes out
I forgot to mention! YOU not just me get a bonus when signing up with an affiliate link and promo code, I think it’s 3% which when you add that to the ICO bonus’s is free money! Link below:
https://ico.allend.io/?ru=c7c92
Hopefully you get in on this
Good luck, Much love,
Crypto808
