Early Bird | Crowdlending Protocol

Now project LIVE on BSC Testnet on https://earlybird.finance/

Contract source

src/contract/EarlyBird.sol

⚠️ Mobile version supported on 80% ⚠️

Todo

• Working smart-contract
• DApp design and functionality
• Statistics platform
• Create borrow
• Verify borrower
• Borrow page
• Portfolio page with investors stats
• Investing procces
• Share actions to socials
• Cancel investment
• Front-end borrow management: Close / Cancel borrows, pay to investors
• Borrowers pages
• Rating and scoring system
• Opportunity for investors to leave comments under borrows and borrowers pages / one of the solutions Web3MQ
• Automatic closing of the loan at the end of the term / one of the solutions Chainlink
• Analytics of companies on the platform

Overview and roadmap

Early Bird is a decentralized application (dApp) built on the Binance Smart Chain Testnet that blurs the boundaries between companies and investors, each user of the platform can invest in a company located anywhere in the world. In turn, companies can raise financing for their projects more efficiently due to the absence of long chains of intermediaries in obtaining loans and due to the wide range of coverage around the world.

1. Benefits for borrowers - reducing the chains of intermediaries to a minimum when obtaining a loan, which makes the cost of a loan more attractive to companies.

2. Advantages for investors - investing in a business without excluding a person, which is relevant in our time, when the authorities prohibit investing in the assets of certain countries. Higher interest rates than in traditional finance cases by reducing the cost to companies in obtaining a loan.

3. In order for a company on the platform to receive the status of a verified company, it must undergo a thorough solvency check on our part. Otherwise, the company will receive the status of a high-risk company and an unverified label.

Disadvantages of the company - Not all companies participate in funds in this way, as this is supported by the laws of the countries in which they are registered.

Investor Disadvantages. Even though there is always a risk of default during a thorough due diligence. Investors should carefully consider which company to invest in after examining their financial condition.

Deployed to following networks:

• BSC Testnet

Investment process on video

early.demo.1.mp4

On YouTube https://www.youtube.com/watch?v=2xbPLyXJXvw&t=12s

Screenshots

1. Borrows card, statistics, search and nav menu

2. Borrow card with statistics, informations about borrow, investors and functionality invest or cancel invest

3. Borrow's managment page

3. Portfolio page

4. Verified borrower card and unverified borrower card

Research of crowdlending business

Getting Started

To invest, the user needs to have a wallet that supports the Binance Smart Chain and has some TBNB (the native token of the Binance Smart Chain Testnet) in it. The user can then connect their wallet to the dApp and use it.