Launch HN: Dharma (YC S17) an open protocol for borrowing/lending cryptoassets

Re:Launch HN: Dharma (YC S17) an open protocol for borrowing... by bpforster24 on Tuesday May 22, 2018 @05:02PM (#17129385)

EthLend and SALT are both lending applications. While we have created a lightweight lending app in Dharma Plex, our core offering is Dharma Protocol.

Dharma Protocol is a suite of developer tools that enables entrepreneurs to create apps like Ethlend or SALT easily and securely. It's open source and entirely free to use.

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Re:Launch HN: Dharma (YC S17) an open protocol for borrowing... by cvaidya1986 on Tuesday May 22, 2018 @05:23PM (#17129527)

Ah thanks for the response. What's the business model?

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Re:Launch HN: Dharma (YC S17) an open protocol for borrowing... by bpforster24 on Tuesday May 22, 2018 @07:13PM (#17130248)

We discuss our business model a bit in this blog post: https://blog.dharma.io/dharma-isnt-currently-doing-a-token-s...

Happy to discuss more, but that's a good start

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Re:Launch HN: Dharma (YC S17) an open protocol for borrowing... by hekfu on Tuesday May 22, 2018 @07:35PM (#17130366)

You don't really though? Unless I missed the bit on how you want to get payed. All I see is 'building a great open source infrastructure', which while I applaud and is noble, is not widely accepted to pay rent so far

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Re:Launch HN: Dharma (YC S17) an open protocol for borrowing... by bpforster24 on Tuesday May 22, 2018 @09:08PM (#17130799)

Ha, you're right, sorry. We think we'll be able to sell value added services to our ecosystem (for example, consulting services, insurance, data feeds, etc.).

We will also investigate token models to see if there is a way to make the underwriting process less trustful, and this token model may be a revenue generator as well.

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