LOTS Monthly Report (April 2019)
Product Update
In this month, we started to #BUIDL different ERC20 lending pairs on KUN and to test them on Rinkeby network, so that even in an adversed market condition, users would still be able to keep assets on the platform safe and transparent, also much easier to get credit than traditional loans. To better help users to initiate transactions, we are currently preparing the tutorial for their information and it would be released soon.
Through product KUN, users are enabled to take a loan in several clicks from the open marketplace or request a new one with your own terms. Besides for the basic function of lending, KUN make it easy for users to spare assets managements powered by blockchain and smart contract technology through full compatibility with decentralized wallets.
Top Picks of Events
With the market warming up, topics and events towards #IEO and #DeFi have been going on one after another, and soon becoming as the market focus recently, we are invited to many gatherings held by top names and close partners in the ecosystem.
On 11th April, the cross-chain project Polkadot landed in Shanghai. We joined the discussion mainly on the topic “New Technologies and Opportunities in WEB 3.0 Era.” Gavin Wood, the “Invisible Brain” of Ethereum, shared the great vision of “Establishing a de-server and de-centralized Internet network” through Polkadot.
On 18th April, as one of the speakers, we took part in the gathering organized by Fenbushi Capital | 分布式资本 . As one of star projects invested by them, CEO of LOTS, Zeen shared our business plan and users expanding strategy. We were also inspired by common thoughts and supplementary ideas from different perspectives.
Community Activities
Innovation of crypto exchanges; the next steps on IEO and the coming opportunities brought by Staking economy; new features on DeFi; LOTS actively participated in community co-building meet-ups, we grow a deeper understanding of how all together can contribute to each other in the current stage, in order to reach a higher value-based market level for sustainable development. The next-generation iteration will be able to shape out a healthier investment environment.
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【About LOTS】
Based on the dual guarantee of blockchain technology and smart contracts, the LOTS platform builds a new financial ecosystem to provide high-quality, transparent and credible digital asset management services for qualified users around the world and explore the diversified wealth management needs of platform users. Through on-chain transformation of transactions and independent pricing, the operational risks of traditional platforms are effectively addressed, and information transparency and symmetry are achieved. Users will get a series convenient and secure digital asset credit services through the platform and tap the time value of assets while retaining the ownership of their existing assets to gain more revenue within the timeframe.
【Reach us on Global Channels】
Twitter: https://twitter.com/LotsOrg
Facebook: https://facebook.com/Lotsglobal
Medium: https://medium.com/lots-epcot
Linkedin: https://linkedin.com/company/lotsglobal
Media contact: jocelyn@lots.org
