Raise - a credit market that connects people with investment opportunities, in developing countries primarily. Using Blockchain technology, it is a transparent and safe platform that allows investors to generate large returns while borrowers can develop their own business.
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Description of Raise dapp
Crowdfunding loans are gaining popularity. As traditional methods of obtaining a loan regularly become more complex, technology has led to the emergence of alternatives in the market.
Platforms like Raise were created with the aim of using crowdfunding to create financial equity around the world. This is made possible by blockchain technology and the huge changes that are taking place on a daily basis in the sector.
Advantages of the Ethereum platform
You don't need a minimum investment to start. You will get higher returns by investing in business loans. Moreover, you will have the opportunity to invest and withdraw your earnings without commissions. Other positive aspects on the platform:
| Integration | Connect your favorite wallet to Raise and verify your profile with your trusted digital identity provider. |
| Safety | Users trust the company not only because it conducts a rigorous due diligence process for all credit originators, but also because it has skins in the game. The increase takes on a part of the risk, leaving 10% of the loan amount, and 90% remains with the private ones. |
| Choice | Each crowdfunding platform allows borrowers to use their website as a free marketing tool where they will “sell themselves” in the hope that people will invest in their ideology and why they need money. Much more transparent than traditional ways of collecting money. |
An opportunity should not be missed to allocate funds to create a better local economy, better educational opportunities and increase the likelihood of better health for all.
Additional information about dapp
For more information, you can contact the support of the company and write to them on social networks:
- Telegram;
- Facebook;
- Twitter.
Moreover, you have the opportunity to take part in contests and familiarize yourself with the terms of the promotions. In the next update, users will find a White paper on the platform.