Unsecured Loan Movement

Global Loan is a decentralized organization dedicated to developing, managing, and expanding the 'unsecured loan movement.'

Introduction to Global Loan

Global Loan is a decentralized organization dedicated to developing, managing, and expanding the 'unsecured loan movement.'It supports this movement by adopting a light-asset token economy model centered on DAA through crowdfunding. This model integrates unique DeFi, incentive systems, and DAO governance, forming a dual-track distributed service architecture. The ultimate goal is to create a globally inclusive financial ecosystem with deep scalability and sustainable development.


Characteristics of blockchain technology to solve the potential risks inherent in the traditional crowdfunding model, such as platform violation, project fraud and information leakage, and finally build a fair, open and just platform to promote the development of global open finance and DeFi.

Global Loan Originated

Maker
Global Loan originated from a blockchain-based unsecured loan movement. Amid the surge in DAOs, it has evolved into a decentralized platform for managing unsecured loans. Users can participate in these loans by purchasing governance tokens, DAA, and steadily earn long-term returns on their holdings of DAA. DAA holders also have the right to allocate Global Loan's revenue and contribute to the financial system. They are granted access to a suite of services and advanced features in decentralized applications, which will only be implemented after successful proposals and votes. In the final phase, the Global Loan platform will distribute the DAA reward pool based on the number of DAA held.
Curve
Before the emergence of global lending, borrowers mainly borrowed from traditional centralized banks. Most borrowers could only borrow in a single way and needed collateral. Without collateral, they could not borrow.
Curve
Global Loan identified the pain points in the lending market and built a crowdfunding platform using blockchain technology. By integrating DeFi with crowdfunding, Global Loan recognized the advantages of DeFi and pioneered a platform that combines traditional crowdfunding opportunities with the benefits of token financing. This platform breaks the traditional lending rules and introduces new DeFi lending methods. Global Loan has pioneered the concept of collateral-free loans participating in DAO governance, and currently, there are no competitors in this field.