Generasi Micin: The Cobalt Lend

Introduction

The Cobalt lend platform is launching its ICO on October 31, 2020 (Halloween) and it will run for 30 Days. We are community based and powered lending protocol on the blockchain that enables community members to obtain micro loans from the treasury approved by community vote. Please see the Cobaltlend.com website for complete details. We plan on removing the banks and their authoritarian control and fees from the lending process one community at a time. Come be part of the revolution, all you need is an ERC20 wallet.

The Cobalt lending platform aims to bring together borrowers into a fair democratic voting community in order to get all size loans from micro loans to six-figure loans all without the over sight of a bank, completely governed by the community and therefor the community directly profits from its’ involvement. The current credit system is fundamentally flawed and the Cobalt platform corrects this by facilitating a community voted and approved lending program on the blockchain that is completely based off the merits of the project, never seeing race, color, or individuals background. The only criteria considered for the loans will be merit of project and collateral provided by the borrower, then the community will be left to decide on funding the proposal or rejecting it.

Our Mission

We are here to serve the community! We got tired of seeing the people who could use capital the most, continually turned away for funding no matter how small and justified the loan. We aim to fix this by instituting a protocol on the blockchain that allows for community approved lending at minimal fees and low over head, with both the borrower and the community benefiting.

Why Choose Us?

Because we are you. We are the members of your community, your neighbors, and your friends. We have been here the whole time, why not join the revolution and take the power back from the banks who have controlled our finances long enough

Community involvement is the main objective of this ecosystem. This will be the number one priority when implementing any upgrade or change to the Cobalt Lend Protocol (IE: The Mobile Wallet with integrated EPNS).

24x7 Live Support

Result Oriented Projects

Dedicated Support Team

ROI & Tokenomics

Experienced Professionals

What does Cobalt Lend bring to the blockchain ecosystem?

BORROWING & LENDING

Being able to lend excess capital to other borrowers within the ecosystem in times of surplus, in order to benefit from interest on the loan. Borrowing capital faster and easier then with traditional lending institutions all from you mobile phone.

COBALT LEND SOFTWARE SUITE

The Cobalt Lend proprietary software enables cryptocurrency and credit card processing all together in one mobile Dapp – NO extra costly hardware needed. See more about how the Cobalt Lend Software Suite works here.

OUR FOCUS IS SMALL BUSINESSES

Cobalt Lend aims to bring together a blended community in order to facilitate borrowing and lending within the same community. This allows the community to benefit instead of the banks.

COMMUNITY VOTED LENDING

The current credit system is fundamentally flawed and the Cobalt Lend platform corrects this by facilitating a community voted and approved lending program on the blockchain that is completely based off the merits of the project, never seeing race, color, or individuals background. The only criteria considered for the loans will be merit of project and collateral provided by the borrower, then the community will be left to decide on funding the proposal or rejecting it. To learn more about community voting in the Cobalt lend ecosystem click here.

Conclusion

I hope you all enjoyed with my article and i think this article will update your knowledge about Cobalt Lend blockchain project. For me i loved their special care about small buisnesses and finance them to help them growing. Because many great ideas will goes to nothing due to lack of finance supplies. For this reason i specially thank to Cobalt Lend team and their vision.