Convert Cred LBA to Isle of Man Pound IMP
LBA to IMP: 1 Cred converts to IMP 0.00004595 IMP as of October 4 at 7:37 PM
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About Cred
Cred is falling this week. The current price of Cred is IMP 0.00004595 per LBA. With a circulating supply of 0 LBA, it means that Cred has a total market cap of IMP 0.00. The amount of Cred traded has fallen by IMP 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, IMP 0.00 worth of LBA has been traded.
The exchange rate of Cred is increasing. The current value of 1 LBA is IMP 0.00004595 IMP. In other words, to buy 5 Cred, it would cost you IMP 0.00022977 IMP. Inversely, IMP 1.00 IMP would allow you to trade for 21,760.43 LBA while IMP 50.00 IMP would convert to 1,088,021.37 LBA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 LBA to IMP was IMP 0.00004607 IMP and the lowest 24 hour value was 1 LBA for IMP 0.00004595 IMP. Last month, 1 LBA was worth IMP 0.00004502 IMP. Today, it's up 0%. Looking back a year, Cred has changed by IMP 0.00004531 IMP. That means that in a single year, the value of Cred has grown by 0%.
Cred Market Stats
Libra Credit is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Libra Credit is a global initiative with a mission to provide financial inclusion and lower the cost of financial services. Powered by its proprietary big data, AI-based credit assessment technology and existing global partnership networks, Libra Credit has the expertise and capabilities to realize its mission. Libra Credit aims to offer a seamless digital lending process that can be completed in 5 steps: application, verification and credit assessment, confirmation, collateral deposit, and disbursement. The Libra Credit platform will focus on a dual-credit risk scoring mechanism that considers the creditworthiness of the pledged collateral as well as the credit information of the borrower. Borrowers will be able to pledge any crypto-assets as collateral and receive loans in their desired asset. Using smart contracts and a proprietary collateral valuation and liquidation system, Libra Credit will lock in agreed terms between borrows, lenders, custodians, guarantors and liquidators. Libra Credit was founded in 2017 and operates out of San Francisco, USA. They are backed by investors such as FBG Capital, GBIC, DHVC, Dekypt Capital, Crypto Parency, and others. Lu Hua, Co-Founder & CEO has experience in the payments, financing, and risk management industries. He was previously the CEO of moKredit, one of China’s top digital credit servicing companies. Lu was also the Head of Core Payments for PayPal China and the Head of Global Banking Platform for PayPal US. Dan Schatt, Co-Founder & COO has previously worked as the Chief Commercial Officer at Stockpile Inc., a leading fintech company, and as General Manager of Financial Innovations at PayPal. Howard Wu, Chief Scientist, he is a blockchain and cryptography expert who is a Founding Partner of Dekrypt Capital, Advisor of Blockchain at Berkeley, and Software Engineer at Google. He advises the project in a technical capacity and has received a Master’s degree in Electrical Engineering and Computer Sciences from UC Berkeley. There are already quite a few blockchain lending projects, so competition is stiff. Libra Credit’s development progress is rather early compared to its competitors. The crypto-to-crypto lending part seems to be well thought out. However, not so much with the crypto-to-fiat part. According to the roadmap, crypto-to-fiat lending is scheduled to launch in 2018 Q3. With details lacking in the weekly blog update about crypto-to-fiat lending, it is difficult to gauge whether the proposed timeline is reasonable.
Conversion tables
LBA to IMP values from Today at 7:37 pm
0.5 LBA = IMP 0.00002298 IMP |
1 LBA = IMP 0.00004595 IMP |
5 LBA = IMP 0.0002298 IMP |
10 LBA = IMP 0.0004595 IMP |
50 LBA = IMP 0.002298 IMP |
100 LBA = IMP 0.004595 IMP |
500 LBA = IMP 0.02298 IMP |
1,000 LBA = IMP 0.04595 IMP |
IMP to LBA values from Today at
IMP 0.50 IMP = 10,880.21 LBA |
IMP 1.00 IMP = 21,760.43 LBA |
IMP 5.00 IMP = 108,802.14 LBA |
IMP 10.00 IMP = 217,604.27 LBA |
IMP 50.00 IMP = 1,088,021.37 LBA |
IMP 100.00 IMP = 2,176,042.74 LBA |
IMP 500.00 IMP = 10,880,213.71 LBA |
IMP 1,000.00 IMP = 21,760,427.42 LBA |
LBA to IMP over time
LBA | Today | 24H -0.01% | 1M 2.04% | 1Y 1.40% |
|---|---|---|---|---|
0.5 LBA | IMP 0.00002298 IMP | IMP 0.00002298 IMP | IMP 0.00002251 IMP | IMP 0.00002266 IMP |
1 LBA | IMP 0.00004595 IMP | IMP 0.00004596 IMP | IMP 0.00004502 IMP | IMP 0.00004531 IMP |
5 LBA | IMP 0.0002298 IMP | IMP 0.0002298 IMP | IMP 0.0002251 IMP | IMP 0.0002266 IMP |
10 LBA | IMP 0.0004595 IMP | IMP 0.0004596 IMP | IMP 0.0004502 IMP | IMP 0.0004531 IMP |
50 LBA | IMP 0.002298 IMP | IMP 0.002298 IMP | IMP 0.002251 IMP | IMP 0.002266 IMP |
100 LBA | IMP 0.004595 IMP | IMP 0.004596 IMP | IMP 0.004502 IMP | IMP 0.004531 IMP |
500 LBA | IMP 0.02298 IMP | IMP 0.02298 IMP | IMP 0.02251 IMP | IMP 0.02266 IMP |
1,000 LBA | IMP 0.04595 IMP | IMP 0.04596 IMP | IMP 0.04502 IMP | IMP 0.04531 IMP |
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