TokenLend

Introduction

TokenLend is another stage that gives a one of a kind and gainful chance to put resources into advances secured by land, utilizing both the standard fiat money a digital money for this reason. Speculators willing to contribute unimportant sums regularly confront certain troubles that TokenLend framework is prepared to adequately dispose of. Accordingly, they will get an instant, dependable portfolio, which is affirmed by credit and has great upper hands, and genuine prospects for high gainfulness.

Tokenlend endeavors to help clients overall advantage by loaning reserves with less hazard and bothers. We trust that by utilizing blockchain innovation, we can make loaning process less demanding and less expensive to use without the organization of customary saving money administrations.

Customary managing an account items and administrations are extremely old and slow in light of all their organization and reports. In the realm of cross-country money exchanges, decentralized databases and shrewd contracts, individuals are as yet constrained by their topographical area and living arrangement. Diverse enactment, money and convoluted assessments make business exercises more confused than they ought to and might be. The absence of combination between budgetary administrations powers individuals to manage numerous middle person organizations with their own particular confirmation approaches, expenses and limitations. This can transform an apparently basic activity into an incredible cerebral pain.

Arrangement

With the Tokenlend Platform, there is no requirement for an intricate and costly individual foundation to run, making it the perfect answer for unite borrowers and loan specialists.

The thought for TokenLend originates from the pinnacle of our speculation encounter and our broad involvement in programming advancement.

Objective

We will likely form a solid and dependable biological community that gives a total financing credit to all gatherings involved.TokenLend will enable individuals around the globe to put resources into land advances utilizing an assortment of crypto and fiat monetary forms. Our stage will expel the vulnerability confronting little financial specialists by helping them construct secure advance based speculation portfolios that give focused, unsurprising and steady rates of return. The stage will contain a painstakingly chose rundown of deliberately chose advances and pre-checks accessible for venture. TokenLend will just get credits from trusted EU advance originators. The nearness of a legitimate element as a counter gathering enables us to avoid potential risk ahead of time to get auspicious installments by the loan specialist and lessen the danger of default. TokenLend work force will re-approve the data got by the loan specialist, including individual information of the borrower, arrangement data, examination and LTV proportions.

How It Works

TokenLend framework works in the accompanying way:

• Each client has a dependable individual record in the framework to give a demand to another credit. Additional data about a credit is completely checked, affirmed, and simply after that an advance assention is arranged and distributed on the stage;

• Users affirm the way that they are taking part in this advance, and afterward TLN token is changed over to a particular advance. Further, with the assistance of savvy gets, the measure of credit moved for a borrower in the quantity of TLN tokens is enrolled, and an exact calendar is drawn up, as indicated by which the obligation will be reimbursed as per impermanent and other, foreordained conditions;

• The measure of tokens that was gotten from every one of the clients who participated is those exchanges that were made by various individuals for a borrower and speak to the required advance sum;

• A client who asked for the credit (borrower) ought to plainly, as per a pre-characterized plan, pay off an advance installment alongside the required enthusiasm for TLN token to the exceptional record;

• After the last exchange was performed by a borrower, completely covering the credit sum and intrigue, the installment plan is shut;

• thus, the credit is thought about reimbursed, and the wallet deliver for sending tokens to cover it is for all time evacuated, and the procedure is thought to be completely finished.

What thus TokenLend(TLN) Offer?

An open door for little speculators to assemble their venture portfolio through interests in credit offices. Their goal is to make loaning forms as simple as conceivable without the pointless obstruction of customary managing an account and bureaucratic obstacles. With the absence of coordination between monetary administrations cross outskirts, they expect to be instrumental to breaking this hole; their viewpoint is to make access to speculation openings in credit resources sponsored by land and furthermore include true in addition to keen contract lawful elements to implement the agreement assentions and alleviate advance defaults.

TLN Token And ICO

During the initial coin offering (ICO) campaign, TokenLend will offer Lend Coin Tokens (TLN) for sale. The TLN Token is a digital representation of the rights to exclusive membership on the TokenLend platform.

TLN holders have the opportunity to invest the desired amount of funds from their accounts into every available loan listed on the TokenLend P2P platform. The account balance on the platform represents the number of TLN tokens stored in the Ethereal portfolio of member TokenLend accounts at any given time. The TLN token will be redeemed outside the TokenLend platform. Since they are the ERC-20 tokens, they will have an inherent value in trading.

Tokens purchased during ICO campaigns will provide two types of revenue for holders. Token holders can use TLN to invest in any loan on the platform and receive revenue like other platform users. However, only ICO participants will receive a regular revenue share from platform operations. The TLN token holder is guaranteed a share of the company’s profits. The distribution size will be determined by the proportion of tokens associated with each member’s account on the date of payment.

The TLN token holder is guaranteed a share of the company’s profits. The distribution size will be determined by the proportion of tokens associated with each member’s account on the date of payment. The TLN token holder is guaranteed a share of the company’s profits. The distribution size will be determined by the proportion of tokens associated with each member’s account on the date of payment.

The LPN market will allow users to exchange LPN with each other, which is only available to registered users. Users are not required to sell at the original cost of LPN, they can send a specific order for LPN at the desired price at TLN.

Users can also add comments and details about LPN for sale. All transactions will be done by sending TLN from one address to another. LPNs will be considered to be sold once the TLN transaction has been confirmed by the Ethereal network and when the LPN owner will be changed automatically.

ICO

Before starting crowdsale, TLN token will be subject to Smart TLN Contract. The total number of chips will be distributed as follows:

Pre-sale

7% of all chips will be sold during pre-sale. All pre-sale participants not only have the opportunity to purchase TLN tokens with special discounts, but also have exclusive rights to participate in beta platform testing stage and receive profit before others. token holder

ICO

– 75% of the chips will be distributed during ICO. All unsold chips will burn.

advisor

3% chip will be given to our legal and advisory teams for their contributions. This token will be locked * for a period of 12 months.

Team

14% of the chips will be given to TokenLend founders and core teams. 50% of these chips will be locked * for a period of 24 months, and the remaining 50% will be locked * for 48 months.

Details of chip sales

Participants who wish to contribute to TokenLend platform development can do so by using crypto methods and other payment methods on the website.

Number of chips: 473 466 667 TLN

Contributors receive TLN tokens at 2,500 TLN per ETH

Contributors will receive token bonuses during pre-sale and crowdsale as described below.

Sales will begin on March 26, 2018

The contribution period will be 45 days

Pre-sales will begin on March 1, 2018 and will last 11 days. It will close at 11,047 ETH with a minimum contribution of 1 ET

When selling ICO chips, there will be a ceiling of 20,000 ET and a cap of 140,000 ETH.

All unsold chips will burn

The TLN ink received by the contributors will be transferred 7 days after the end of the initial coin bidding campaign.

Fund distribution