Bloom, the decentralized credit scoring platform on the blockchain, is launching its token sale tomorrow, November 30th at approximately 9AM PT (time may vary depending on the Ethereum block times).
An exciting update from the team is that the Bloom platform will be released to the public in December, three months earlier than the team’s initial expectations for the project.
The Bloom team has increased confidence even further in the platform by completing several major milestones such as:
- UI and Interface for Bloom Invitation & Voting System
- Began Working With 5 Initial Lending Partners (ETHLend, Lendoit, Fundary, Everex, and Self Lender with more coming soon)
- Secure Protocol Expansion Outside of Lending
- Bloom Invitation System & Voting
The initial phase of the Bloom platform will enable users to invite people to the platform by using BLT, the platform’s utility token. This is done to seed the initial netToken holders.
Token holders also have the benefit of voting and having a significant input in determining the early developments of Bloom and its future.
Bloom has also announced a partnership with Gems, a decentralized protocol for microtasks (like MTurk and other microtask platforms).
Gems will be the first platform to partner with Bloom and implement the Bloom protocol in their project.
They will be using Bloom primarily to prevent Sybil attacks and make things more secure and safe for the end user.
Editors Pick: Bloom Co-Founder Interview
Meet the Boss – Exclusive Interview with Bloom Co-Founder Jesse Leimgruber
Bloom decentralizes credit scoring. Bloom is a protocol and blockchain-powered platform for assessing credit risk through the process of identity verification as well as enabling access to credit staking. In layman’s terms, Bloom is a global decentralized credit scoring system available to anyone – even the unbanked and underbanked. Bloom’s
