COBALT LEND A NEW WAY FOR SMALL BUSINESSES TO BORROW & LEND CAPITAL
Information
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.
HOW WE PLAN TO INCENTIVIZE THE COMMUNITY
Community Members (wallet holders) are incentivized by receiving free Cobalt (CBLT) Tokens for borrowing or lending within the ecosystem.
Community members who voted on proposals will receive dividends paid out in Cobalt (CBLT) Tokens periodically by the treasury based on the positive tracked performance of the projects funded by the community through the treasury.
The treasury will also conduct periodic buy backs of the Cobalt (CBLT) Token as well. This along with the “coin burn” occurring routinely on the protocol, will contribute greatly to the deflationary model and therefor increasing the overall value for investors / wallet holders.
OUR COMMUNITY
COMMUNITY STANDARDS
Contact Us
We value the input from the community above all else! Feel free to use our “Contact Us” page if you have any suggestions for us. Future implementation will allow for the foundation and/ or community Stakers and general wallet holders to make suggestions through their wallets to the foundation for the proposal(s) before granting or denying funds, thus increasing borrower success.
"AMAZING PROTOCOL AND QUALITY WORK!"
Design & implementation
Changing the world through community powered lending enabled by blockchain technology. The Cobalt Lend Platform is being built out and operates on Ethereum. By utilizing existing Web3 technology to build our ecosystem, we take advantage of the security provided by the entire crypto ecosystem with a constant roll-out of improvement updates from both Cobalt Lend and Ethereum. The Cobalt Lend ecosystem and its "lite White Paper" can be found here.
ECOMMERCE
Retail & B2B
We are in the process of setting up a store right now to purchase select SWAGG from us like stickers and T-Shirts in order to help support the project. We are currently developing a department to help facilitate the growth of our future entrepreneurs with their eCommerce needs.
A BANK FOR THE PEOPLE, BY THE PEOPLE.
Blockchain powered & community driven lending
Putting the money back into the hands of the people at the same time taking the power away from over-bearing centralized authoritarian banks that stifle innovation in order to line their own pockets. Community success is all that matters! Making it easier for small businesses obtain capital through blockchain technology.
Token Cobalt Information
Symbol: CBLT
Tags/Notes: No tags or notes
Total Supply: 1,000,000,000.00 CBLT
Market Cap: $ 0.00
Decimals: 18
Owner: 0x04054436a34055aFED575D2AE7d6555D05417562
Transfers: 121
Holders: 85
Contact Adress for Cobalt Lend
AUTHOR
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