Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Cryptocurrency

Nebeus Cryptolending Surges in Popularity

London-based Nebeus hopes its success at cryptolending can be repeated in a $30 million initial cryptocurrency offering (ICO). Nebeus wants to use the $30 million to augment $2 million raised from private sources before the ICO.

“We are launching an ICO because we put trust into our business, where our flagship P2P lending service is growing 300% per quarter,” Nebeus Cofounder Sergey Romanovsky said.

Nebeus has attracted 20,000 customers for the instant bitcoin loans offered through its peer to peer (P2P) platform, Romanovsky revealed. That indicates the company has come a long way from its humble beginnings in 2013 with a cryptocurrency wallet.

The Nebeus platform offers collateral-based loans to cryptocurrency owners and lending opportunities designed to generate significantly higher returns than a conventional bank. The company has long-term ambitions to launch a fully-regulated cryptobank and debit cards that can be used for brick and mortar purchases and cash withdrawals from ATMs.

Nebeus wants to build a Financial Services Supermarket

Even more ambitious plans call for a cryptocurrency-based financial services supermarket offering a wide variety of products. Romanovsky believes the lending will be the engine that drives the growth of that supermarket.

“Nebeus’ ultimate vision is to harness the surging growth of cryptobanking into being the engine of Nebeus growth, helping scale our lending business, enable our vision of being the financial supermarket of crypto financial services, and ultimately launching our own cryptobank,” Romanovsky explained.

The market for Nebeus’s services is potentially large; the company’s statistics indicate that over 70% of cryptocurrency owners might be in a position to generate passive income from Bitcoin loans. The financial services supermarket is supposed to provide a marketplace for those loans, cryptocurrencies, and other products.

Nebeus plans to use the sale of its NBTK Token to finance the expansion of its lending operations.

The Nebeus ICO or Token Sale is scheduled to begin on 30 November 2017. To learn more about it please go to.

http://www.nebeus.com/ico

About Nebeus

Nebeus provides instant loans in bitcoins, serves as a P2P exchange platform and features a user-friendly bitcoin wallet.

The Nebeus trading system will allow users to buy and sell bitcoins with favorable exchange rates and will allow instant deposits into user accounts.  The Nebeus platform was first developed in 2014 with the goal of delivering a convenient, low-cost, and highly efficient service that meets the demands and challenges of the ever-evolving cryptocurrency market. Nebeus is a Level 39 member and portfolio company.