Has anyone noticed the rise in lending platforms this month? Thoughts, ideas, opinions?

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I'm extremely cautious when it comes to crypto or blockchain lending platforms. Not only is this the area where you find the highest number of scammy ICOs but many also promise completely unrealistic ROIs like 1% per day. Compare this to ROIs of traditional P2P lending platforms with between 4% to 12% p.a. on USD or with margin lending e.g. on Bitfinex with around 25% p.a. on USD and 8% p.a. on BTC and you see that it is pretty unrealistic or maybe a Ponzi scheme. Also check the interest rate calculator on BFXdata.com to get a better idea about market rates.
Hello Blake,
Yes, I have and after ControlFinance and the other company I forget the name of shutting down, stealing investors money with the same exit strategy, I would be very skeptical in investing. Bitconnect I do have trust in because I have been with them for 6 months and have friends that have been with them longer. They have been around for a while now and that is the only lending platform I trust at the moment. Of course, investing in anything can be a risk but I personally would stay away from all these new companies popping up until they have been around for a while and good customer feedback.
Not everyone has cash and liquidity to invest therefore many would wont to borrow money to invest in crypto. and with the massive surge of btc and associated forks many more are aware of the cheer potential and this is implies in terms of financial gains and profits and they want to jump on the bandwagon... therefore the rise of the lending platforms ....