Two years ago, deBanked acquired the oldest peer-to-peer lending forum on the web from Fintech Nexus after a server issue appeared to have deleted it irrevocably forever. Using a method of forensic reconstruction, it was reborn over at deBanked, where it unfortunately languished.
During the heyday of p2p lending, LendingClub notes were the investment drug of choice. Then LendingClub eliminated its p2p lending model altogether and became a bank. Womp womp womp…
As Wall Street came charging into the market, I declared that p2p lending was “deader than dead” in 2016. Ultimately, p2p lending was almost entirely phased out in the US. That meant there was no longer a whole lot to talk about on a peer-to-peer lending forum, that is until now.
NFT-secured smart-contract-managed p2p loans have the potential to breathe new life into the concept. With billions in loans already originated across several major platforms, the opportunity to explore, discuss, and learn how to become a p2p loan investor is back all over again. As a result we’ve moved the old p2p lending forum to this platform where old lessons and new ones can stand side-by-side. Long live peer to peer lending!