Alex Mashinsky

About Celsius Network:

The Celsius Network will enable the next generation of lending and borrowing via a crypto wallet for the fast-growing cryptocurrency community. Enabling Crypto holders to earn interest and get dollar loans.

We believe the future of lending and borrowing will manifest itself with a membership organization enabled by a decentralized P2p community on the blockchain. In our view, traditional financial institutions should no longer control the flow of credit to people across the world. We want to empower our community via a consensus-based, Proof-of-Stake approach to allow the Celsius community members to borrow, lend and vouch for each other, creating a truly win-win-win self-governed solution for people involved in every step of the credit ecosystem. By aggregating many holders of the top 20 coins into a large group, the Celsius Network will be able to negotiate much better terms and conditions for the loans.

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