First Business Loans Asset Exchange in Asia
Smart contract blockchain
Crowd Genie is a peer-to-peer marketplace lending platform that brings together borrowers that are small and medium sized enterprises (SMEs) in Singapore, and lenders.
With a strong track record of 22% ROI to date, Crowd Genie are looking to expand their services and let token holders become part of the Crowd Genie journey.
Genie project has set themselves a goal to "Cut out the middle man and empower a continent, making borrowing faster, cheaper, and simpler compared to traditional financing methods". This seems like a good and rather brave idea. Basically, they want to provide a lending services with the focus on the Asia countries. They have the advantage of limiting themselves to a particular group of people in need, however there are already some other similar ICO and blockchain projects that are aiming to provide such service globally. Despite the competition, the project itself looks rather decent. The design and the information provided on the site are satisfactory.
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