What problem does this service solve?

Lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.Karma's P2P lending network lowers fees by connecting lenders and borrowers directly.

Token Stats

Not Relevant

Company Description

Teneos is developing a lending platform that will allow users to leverage their blockchain assets to secure cash loans, and get fast liquidity without having to sell them.

Karma is developing a decentralized P2P lending network, powered by the KRM token. It connects lenders and borrowers in a blockchain-based lending platform that is more transparent and has lower fees. Karma allows users to act in a variety of roles within their lending ecosystem, and loans can be tailored in a variety of ways.

Ratings

Overall

(0)

(0)

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