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Libra Credit (LBA)

A decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. **UPDATE - Libra Credit raised over 16M between private and public sale. No announces have been made on exchanges at this time.

Closed

ICO Details

Sale TypePast ICO listing
Target Raise$ 26.4M
Hard Cap$ 26.4M
Token SymbolLBA
Token TypeERC20
Token Price1 LBA = 0.0001 ETH
KYCYes
WhitelistYes
AcceptsETH
Distribution40% Public and Private sale; 30% Reserve; 20% Founder & Management team; 10% Advisers, bounty & Bounty; Private Sale Hard Cap - 22.4M USD; Public Sale Hard Cap - 4M USD

Features

Collaborating with partners in both crypto and financial markets. Synergistic partnerships with crypto exchanges, stablecoin providers (e.g. Maker DAO), third-party identity verification data providers (e.g. uPort) and licensed financial institutions (e.g. banks, asset managers) Reinforcing Libra Credit while delivering value for partners Crypto-to-fiat loan allowing collateralization of cryptocurrencies to spend fiat without sacrificing their current crypto position Crypto-to-stablecoin loans enabling borrowers to hedge price volatilities without exiting the market Crypto-to-crypto lending allowing borrowers to pledge other alternate tokens for more mainstream crypto currencies (i.e. BTC / ETH) with better liquidity In-house risk management technology which has been deployed in China and the ASEAN market successfully Pioneer in digital credit service who leverages a dual-credit assessment framework Considering both the viability of the pledged collateral and the credit scoring of the individual borrower

Core Team

Lu Hua
Lu Hua
COE
Dan Schatt
Dan Schatt
President
Howard Wu
Howard Wu
Chief Scientist
Shuoji Zhou
Shuoji Zhou
Kenneth Oh
Kenneth Oh
Scott Thompson
Scott Thompson
Liam Robertson
Liam Robertson
Brett King
Brett King

Frequently Asked Questions

What is Libra Credit?

Collaborating with partners in both crypto and financial markets. Synergistic partnerships with crypto exchanges, stablecoin providers (e.g. Maker DAO), third-party identity verification data providers (e.g. uPort) and licensed financial institutions (e.g. banks, asset managers) Reinforcing Libra Credit while delivering value for partners Crypto-to-fiat loan allowing collateralization of cryptocurrencies to spend fiat without sacrificing their current crypto position Crypto-to-stablecoin loans enabling borrowers to hedge price volatilities without exiting the market Crypto-to-crypto lending allowing borrowers to pledge other alternate tokens for more mainstream crypto currencies (i.e. BTC / ETH) with better liquidity In-house risk management technology which has been deployed in China and the ASEAN market successfully Pioneer in digital credit service who leverages a dual-credit assessment framework Considering both the viability of the pledged collateral and the credit scoring of the individual borrower

Is the Libra Credit ICO currently live?

No, the Libra Credit ICO is closed.

What is the Libra Credit token symbol?

The Libra Credit token uses the symbol LBA.

What is the Libra Credit (LBA) price?

The token price for Libra Credit is 1 LBA = 0.0001 ETH.

Does Libra Credit require KYC to participate?

Libra Credit's KYC requirement is: Yes.

Where can I find official information about Libra Credit?

The official website for Libra Credit is https://libracredit.io/, and the whitepaper is available at https://www.libracredit.io/page/Libra%20Credit%20Whitepaper.pdf.

Data sources

  • Live prices via CoinGecko
  • News from CoinDesk, Cointelegraph & Decrypt
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