Review on Cred by Alex Martakov
Taking into account this factor, investing in Libra Credit is evaluated…
Taking into account this factor, investing in Libra Credit is evaluated positively. In the context of the gradual development of the project, mainly long-term deposits are allocated, against the background of partnership agreements and further distribution, short-term investments can also bring profit. However, taking into account the presented aspects, it is recommended to carefully assess the associated risks when investing.
Pros
- (+)- a strong development team, many of whom have extensive experience in financial transactions and digital technologies; (+)- partnership - agreements already exist with Radar Relay and MakerDAO, further expansion is expected; (+)- an impressive list of institutional investors focused on long-term project support and participation in lending; (+)- diversification of funding sources - users can receive loans from various companies and organizations, choosing the most convenient conditions; (+)- double check of creditworthiness due to the work of artificial intelligence; (+)- currency exchange within the framework of the platform and a flexible system of receiving money.
Cons
- (-)- excessive generality of the Libra Credit roadmap, which does not allow to assess the technical potential of the platform development.
