Imagine having millions in the bank, yet you have no access to it and then you begin to watch it dwindle down in value. This is the dilemma of Tron (TRX) and Ripple (XRP) holders and after a loss like that of 2023, Investors are looking for a rising star to follow and that is Kelexo (KLXO).
What makes Kelexo (KLXO) so special?
Prior to the existence of Kelexo (KLXO), traditional finance has suffered in the area of credit finance due to the unnecessarily long processes, poor risk assessment and a lack of flexibility in loan retrieval. This created a challenge for individuals and businesses who truly needed loans but were unable to access them.
Using the power of Web3 and decentralized finance (DeFi), Kelexo (KLXO) is making history by launching as one of the first-ever P2P lending platforms that create links between lenders and borrowers, without directly engaging in lending activities. This method introduces transparency, credibility and a sense of security to web3 banking. Building on the existing blockchain technology, smart contracts, AI-driven risk assessment, and tokenization of Kelexo (KLXO), Kelexo (KLXO) can create a marketplace that facilitates lending with ample liquidity and monitoring of rates that do not exploit the borrowers and also profit the investors.
Why are investors moving from Ripple (XRP) and Tron (TRX) to Kelexo (KLXO)?
Kelexo (KLXO)’s framework is built on a secure model and with a solid entry point and initial ICO pegged at just $0.022, Kelexo (KLXO) is set up for an exponential increase over the next few weeks. The platform already recorded 5,000 sign-ups within the first 4 days, and with a total supply of 440,000,000 tokens, the value of Kelexo (KLXO) is sure to have doubled by the end of the presale. One of the many features that attract investors to Kelexo (KLXO) also include:
Global Transactions: Using Kelexo (KLXO) debit cards anywhere in the world, users can spend their money as they want. The card functions across chains and platforms as well.
Transparency: Although the lending follows a P2P approach, all data is placed on the blockchain and can be easily traced and monitored by any user. This is done to ensure that nothing is hidden in the dark and that shady deals are killed before they even find a place.
Liquidity: Using segmented ownership, Investors and lenders can easily liquefy assets on the platform and can avoid a loss miles ahead. Investors can also own stakes in a loan.
AI-backed Algorithms: Using web3 data analytics, Investors can run successful background checks before granting loans. It is possible to falsify information for traditional loans, but AI algorithm checks run deeper and can help calculate the risk associated with each loan as well as tenure and amount of loan.
The major difference is that, while Ripple (XRP) and Tron (TRX) fit into their purposes, they operate within a saturated space. Kelexo (KLXO) on the other hand is simply in a league of its own. With fresh perspectives and innovations, Kelexo (KLXO) may soon become a blue-dot cryptocurrency project.
Find out more about the Kelexo (KLXO) presale by visiting the website here
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null tx