- Funded Since June 2019
- $182.48m
- Minimum Investment
- $10
- Regulated
- No
What is MyConstant?
MyConstant runs a crypto marketplace lending platform, which means it utilises blockchain technology (e.g. liquidity pools and smart contracts) to facilitate investments in loans denominated in cryptocurrencies. MyConstant is operated by CONST LLC, headquatered in the United States. It doesn't hold a crowdfunding or financial institution license.
MyConstant gives you the chance to provide funding to crypto assets holders by investing in crypto loans. You can also apply for funding if you are a crypto assets holder.
What does MyConstant offer?
At MyConstant, you can make USD-denominated investments starting from $10 (it's also possible to invest in other currencies, see table below). You can also set up an auto-invest feature.
MyConstant separates investors’ funds from the platform company assets but doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.
Who founded MyConstant?
MyConstant was started in 2019 by Duy Huynh. Duy has over five years of experience. His professional background is mainly in entrepreneurship, and technology. Duy has been, for instance, a CEO at Autonomous Inc. — an innovative workplace designer. He holds a Master's degree from University of Maryland in Computer Science.
MyConstant Details
- Legal Company Name
- CONST LLC
- Business ID
- 201912910012
- Main Currency
- US Dollar ($)
- Headquarters Location
- United States
- Founded Date
- May 2019
- Launch Date
- June 2019