What problem does this service solve?

ETHLend is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.

Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum.

Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Token Stats

Not Relevant

Company Description

ETHLend is developing a decentralized lending network powered by the LEND token. It connects lenders and borrowers in an Ethereum-based lending platform that is more transparent and has lower fees.

AltLending is an institutional, crypto-backed lending platform that makes U.S. Dollar loans that are secured by cryptocurrency assets placed in collateral. AltLending is a subsidiary of Dominion Capital and is based in New York.

Compound is an Ethereum-based lending platform that allows DApps to easily monetize or borrow tokens. The Compound token is used to power a money lending market for crypto assets. Projects can earn interest on funds that are inactive. The Compound protocol adjusts money market interest rates based on asset-specific supply and demand. This allows users to exchange Ethereum assets without having to negotiate terms, rates, or technical requirements.

Ratings

Overall	(0)	(0)	4/5 (1)
How likely is it that this platform will exist in 10 years?			5/5
How effective is this platform in connecting supply and demand?			4/5
How does this platform compare to other decentralized lending services?			4/5
How likely is it that you would use this type of lending service?			5/5
Do you agree that this blockchain-based solution can improve upon existing technology?			5/5

ETHLend vs AltLending vs Compound

ETHLend

AltLending

Compound