What is BankSocial?

Symbol: BSL

Short answer

BankSocial (BSL) is a cryptocurrency.

Source: isthiscoinascam.com

Overview

BankSocial is a decentralized peer-to-peer lending platform launched on the Ethereum blockchain. It introduces a native token, $BSOCIAL, with a focus on encouraging holders through the redistribution of token sales.

The project aims to develop a proprietary system called BLOCKSCORE, which is intended for social credit scoring and creating a lending pool based on social consensus. The platform utilizes smart contracts to enhance security and is positioned to offer asset-backed lending solutions.

Scam-risk analysis

BankSocial has a moderate score — some risk signals were raised but no critical concerns. Is BankSocial a scam?

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