Victory on the trot — LALA gets listed as a Collateral Token on ETHLend

Dear LALA Family,

“Successful people begin where failures leave off. Never settle for ‘just getting the job done.’ Excel!” — Tom Hopkins

While we were still in the hangover of LALA World App launch celebrations, we got another exciting news that came as a big surprise. It gives us great delight to announce that LALA World is the proud winner of EthLend’s “Community Vote on Collateral Token” second round and hence, has been chosen and included as Collateral Token on ETHLend.

This means that an individual can avail a loan against value of the pledged LALA tokens via Crypto-to-crypto lending, providing borrower and lender with various flexibilities and benefits.

It allows the lenders and borrowers from across the world to build peep-to-peer lending agreement in a secure and uncensored way, using Blockchain Technology and Smart Contracts. By placing a loan request on ETHLend, lenders from all over the globe can fund loan requests by providing competitive interest rate.

Getting listed as a collateral token on ETHLend is a great accomplishment for LALA World adding another utility. We want to thank all the community members who lend us their support and voted for LALA World. Your encouragement keeps us moving and means a lot to us.

“I know the price of success: dedication, hard work and an unremitting devotion to the things you want to see happen.” — Frank Lloyd Wright

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Once again thank you for your continuous support, we promise to keep up with your expectation as always.

Originally published at blog.lalaworld.io on July 13, 2018.