Nexo.io savings accounts / Loans

Silverspoon

Registered User
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Hi,

I'm wondering what people think of Nexo. They're offering 8% on savings accounts, which looks better than returns anywhere else.
 
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This is similar to dharma.io. It is a fairly nascent market that is developing, I would not put my life savings in it yet. However, the more participants the more successful.

I am considering this area and 'Stablecoins' for a thesis project I am currently undertaking.
 
How often do we have to tell people that if an entity is offering 8% , there is huge risk attache?

How often do we have to tell people not to put money on deposit with unregulated entitites?

Oh sorry. This is linked to crypto currency , so it's ok.

Brendan
 
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