Hi, this is Akshay Mehra, CEO,
Let me address this question, because I have grappled with this, as I was developing the Crowd Genie platform.
Here is what we are aiming to do:
We are building an asset exchange built on blockchain, that improves the access to reasonably priced capital for borrowers.
To build this exchange, there are 3 components:
1. Customer passport for KYC/ due diligence
2. Lending analytics engine that can assess borrowers, and price loans correctly
3. Asset exchange that allows lenders to trade fractions of their holdings.
Besides this, the platform needs to be regulated, because this is a licensed activity in almost all key geographies (here's a video I've made on why this is important, and what protections a license provides:
http://bit.ly/2kDtSpL).
Why is this unique? We are unique because:
1. We are the only ones who are bringing all the 3 components together - there are others who do 1 or 2 components, but not all 3
2. We are already licensed, so unlike a lot of other ICOs - we know we can execute. If one just has the technology, but not the license, it cannot work.
3. We already know how to execute component #1 and #2, that's our business. So, we can already deliver 2 out of 3 components out of the box
So, as you see, none of the above talks about just being on blockchain - that is not enough (which is what you imply, and I agree with!). We need to have a strong business model and case on why we are running the token sale.
Hope this helps! And thanks for the question.
Akshay
Can you differentiate your Lending program among many other lending program in the business industry. Well, number 1 is you're into Blockchain platform, what are the other things that can make your company move forward.