Tokenlend is created by the team of developers, inspired by one dream. Having more than 15 years of software development experience, with portfolio full of world famous products like DAEMON Tools, They believe that they have more than enough resources and will to deliver the world's best service for people.
Basically, Tokenlend has brought an innovative Lending platform based on the blockchain technology. The Online lending marketplace is created where people can borrow money without the need of any third party. Investors can find secured loans to invest in the lending marketplace which are carefully chosen from across the globe. The platform will provide a set of tools for potential investors and loan originators via user friendly web interface.
Mission
To provide safe fiat haven for your crypto funds. That’s why they’re planning the creation of a blockchain-powered lending platform. They strive to help users across the globe make profits by lending funds with fewer risks and hassles. It is believed that by using blockchain technology, They can make the lending process easier and cheaper to use without the bureaucracy of traditional banking services.
Problem
Traditional banking products and services are archaic and slow due to all their red tape and paperwork. In a world of cross-continental currency transfers, decentralized databases and smart contracts, people are still limited by their geographical location and residency. Different legislation, currencies and complex taxation make business activities more complicated than it should and could be. The lack of integration between financial services force people to deal with numerous middleman institutions with their own verification policies, fees and limits. This can turn a seemingly simple operation into a massive headache.
Solution
The idea for TokenLend comes from the peak of our investment experience and our extensive experience in software development. Our goal is to build a reliable and reliable ecosystem that provides a complete funding loan service to all parties involved. TokenLend will give people around the world the ability to invest in real estate loans using a variety of crypto and fiat currencies. Our platform will remove the uncertainty facing small investors by helping them build secure loan-based investment portfolios that provide competitive, predictable and consistent rates of return. The platform will contain a carefully selected list of carefully selected loans and pre-checks available for investment. TokenLend will only receive loans from trusted EU loan originators. The presence of a legal entity as a counter party allows us to take the necessary action in advance to receive timely payments by the lender and reduce the risk of default. TokenLend personnel will re-validate the information received by the lender, including personal data of the borrower, appointment information, appraisal and LTV ratios.
ICO
They are conducting an ICO, to create the platform. The total tokens created for the Project are 473,466,667 TLN. 75% of the total tokens are available for the ICO. People can participate in the presale from 1st March 2018. The main ICO of the Platform begins from the 26th March 2018 and continues for 45 days. All unsold tokens will be burned.
Symbol: TLN
Price: 1 TLN = 0.00036 ETH
Soft Cap: 5,000 ETH
Hard Cap: 41,000 ETH
Bonuses
Tier 1: 0 >= 1000 ETH - 10% bonus tokens
Tier 2: 1000 >= 3000 ETH - 7% bonus tokens
Tier 3: 3000 >= 9000 ETH - 5% bonus tokens
Tier 4: 9000 >= 21000 ETH - 3% bonus tokens
Token Distribution
ICO - 75%
Team - 14%
Pre-Sale - 7%
Advisory - 3%
Bounty - 1%
Funds Usage
Core Development - 70%
Marketing and PR - 18.6%
Legal - 7%
Consulting - 2.6%
Office expenses - 1.8%
Road Map
Meet the Team behind this project
They are experienced investors, analyst and IT experts.
More Info
Website: https://tokenlend.io/
Whitepaper: https://tokenlend.io/tokenlend_whitepaper.pdf
Btalk ANN: https://bitcointalk.org/index.php?topic=2548329
Twitter: https://twitter.com/Tokenlend_news
Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406