Jul 17, 2018
Depository Network is a high-tech infrastructure enabling lenders worldwide to accept digital assets as collateral.
Attention. There is a risk that unverified members are not actually members of the team
$73 236 373
$36 150 000
$30 841 995
DEPOSITORY NETWORK is the world’s first decentralized multi-platform collateral network that links traditional financial system and blockchain.
The platform through the integration of traditional financial systems and blockchain enables borrowers to have full control of their wallets and ability to exchange fiat with other crypto assets. This makes the platform viable and I would invest in it.
Positives Team Experience: Svetoslav Dimitrov has over 15 years of professional experience. And it has Martin Kuvandjiev, the co-founder of Bitcoin gold behind the project. Because of their experience, Depository is a project that has a high chance of succeeding. Investor Incentive: The borrower has ownership of their assets, and benefits from any increase in price value. Integration: You don’t have to worry about being limited by one lender website. Depository is decentralized, making it easier to integrate with any lender website. Thus, saving investors time and money on their ventures. Negatives Competition: This ICO is in direct competition with other asset collateral blockchain projects. It will take some time before we see this ICO surpass the competition. Limited Vision: While Depository is a great idea, it will have problems reaching a wider audience. This ICO will have to make its product appealing to the public if it plans to grow in the future.
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