HODLing crypto-assets and wondering how to “live a little” without selling at the wrong time? Banks will not help you with that — we will!

Good news: studies on the number of active cryptocurrency users are getting outdated extremely fast. A Cambridge study published in March 2017 assumed 2.9–5.8 million of active accounts worldwide. Now Coinbase alone has at least 2–3 times that which rivals the number of accounts on largest US brokers. The total current supply of cryptocurrencies is well north of $250 billion, even if it is down significantly from its late 2017 highs.

Bad news: Traditional finances still don’t recognise crypto assets as a legitimate asset class. The crypto ecosystem has almost figured out ways to buy, sell and HODL crypto assets, but the financial tools, widely available in the world of fiat finances are still unavailable for a fellow crypto investor.

In short, with promising numbers and encouraging trends, there are still many untapped opportunities in finding cryptocurrency applications for everyday finances — both business and personal.

What is RAD Lending?

With our RAD Lending platform, we aim to build financial products for the modern crypto economy.

A family of RAD credit products — personal and business loans, credit cards — will help filling the gap between crypto holdings and real-life fiat spending.

We are building a peer-to-peer (p2p) lending platform that will use the benefits of the blockchain and smart contracts, as well as our experience with crypto assets.

The platform will connect fiat money investors looking for the predictable yield, with crypto-asset holders looking for loans in easily spendable fiat. By accepting crypto assets as a collateral against loans, and using the guardrails of the blockchain and smart contract technology, the platform will mitigate risks for both investors and lenders.

We hope to bring tens of billions of dollars — currently sitting invested in crypto assets — to the economy cycle.

Who are we building it for?

Our products will benefit many actors of the current crypto ecosystem, and will help connecting traditional fiat investors with the crypto world. We aim to close the gap between modern fast-moving clients and traditional banking. Some of the use cases for our products are outlined below:

Personal investors and traders

Products: Credit cards, personal loans

Individual investors will take advantage of credit cards and personal loans that are secured by their crypto assets. A few use cases:

Peter — crypto investor managing cash flow gaps while sitting out the dip, or just living a little while HODLing.

Alice — a freelancer with a great cash flow but non-existent credit history and poor relationships with the bank.

Carl — a digital nomad, figuring out ways to establish financial products with no “real job” and “real address” but good income and investments.

Miners, small crypto businesses

Products: Small-business loans

Mining companies can receive small-business loans against their crypto assets. It will help them growing their business without a need to sell crypto assets.

Post-ICO phase companies

Products: Business loans, cash flow loans

ICO-funded companies can take business loans against their crypto holdings to fund operations. It can reduce a very real pain that many companies have — sitting on a mountain of crypto and struggling to cover operations in spendable fiat.

Exchanges, traders

Products: Margin funding/investment loan

Traders can get access to margin funding for their trading activity by using crypto assets as collateral.

Traditional fiat investors

Products: Funding capital for P2P lending

Investors looking for good returns on secure fiat investments can fund loans and credit products on the RAD platform.

The team behind RAD Lending

We are an international team with decades of combined experience in banking, finances, IT, and marketing. We are passionate about what we are doing and we can do it well (and have done in the past).

Our core members are recognised professionals in traditional banking and finances, trading, and blockchain. Our technical leadership is a rare breed of blockchain professionals with experience of scaling real-world blockchain implementations with off-chain transactions on payment channels.

Are we there yet?

To get to your destination you need a plan and a map, right? Here’s ours: