What happens if none of the people that borrow from you pay the money back?

Great Question! We are always going to be improving upon the model! One of the biggest issues with failing peer to peer lending applications is people not paying the money back. Risk is always going to be an issue in any investment when it comes to the history of investments. We are going to do everything possible to make sure our platform is trusted by our investors!

Is CryptoShare going to do what we're pretty much doing with you? Allow us to invest around the world in projects we believe in? Is that how CryptoShare will work?

Exactly, people of color around the world have been excluded from credit and loan opportunities. We are changing that!

Why is this a favorable product for minorities vs. other P2P lending products? Can debtors/creditors choose who to lend to/borrow from? Will the user access be limited to domestic lending/borrow?

This is a favorable product for anyone. We specifically look to target those that are unbanked and secondly those that want to Lend! In many countries Cash is still the main way of doing transactions. We want to target those countries that have individuals and introduce them to CryptoShare. Usa = 6% Unbanked population Colombia = 62% Unbanked population Brazil = 30% Unbanked population Peru = 57% Unbanked population Chile = 26% Unbanked population Argentina = 50% Unbanked population Uruguay =...

How are we going to get the money back after invest in that business?

Haha, best question on the thread. The way Future Equity investing works is you invest in the company in funding rounds. Rounds: Angel Preseed Seed Seed A Seed B Seed C Seed D Seed E This would be considered an Angel Round. The earlier you get in the better! If I bought in a company at Angel round and the shares were 50 cents. If I held until Seed D round and they listed on the stock market at $5. I would have made 10 times my money! SAFE ANGEL round is where we are now. Legally I cant give y...

Is this an iteration of the current DeFi wave of lending, think Compound or Aave, or are you simply using Cryptocurrency as the medium of exchange in a normal promissory note process? Which cryptocurrencies will be transactable, and will you be creating wallets for your users ...

Great Questions, although we already have those answers at this time I do not want to put them for public display so early in our process because of the high level of competition in this field. Although, I will say we really love the idea of digital wallets and blockchains built for low fee payments (Solana, Tron, Tezos, Stellar, Cardano). As far as the promissory note, we do not want to be tied to a traditional credit system that if borrower doesnt pay it will involve criminal or civil prose...

KAPITALGPT

Play Financial Games with AI

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kapitalgpt.ai

Houston, TX

Technology Minority Founder AI Real Estate Infrastructure & Construction

Investor Panel

Fares interviewed KAPITALGPT on June 3, 2021. Play Video

Fares Ksebati

CEO of MySwimPro

Strengths

says, "Decentralization and transparency is needed in the financial world and this peer to peer lending solution could be the answer. The crypto market is popping and the friction to get started in this space is less and less everyday."

Advice

says, "I'd like to see how the platform differentiates (or works alongside) the other big crypto projects. Additionally, I'd like to see how the brand and community of early adopters will be created."

What Investors Say

LEAD INVESTOR

Invested $5,000 this round

As someone with years of knowledge in this space and Industry and the leader of many related groups, I believe in the project as I am in a quest to invest in people and the advancement of humanity continually. As a successful entrepreneur myself, I know how important it is to provide mentorship and funding for innovative projects. I have watched this project develop and didn't hesitate when asked to be the lead investor. I am in close contact with the Founder, and every time I have a question, he answers them. I genuinely believe in the vision of the Founder and CryptoShare

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KAPITALGPT

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$200,000

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