Summary
Project name: EthLend
Token symbol: LEND
Website: https://ethlend.io/en/
White paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Hard cap: 37,600 Ether (public crowdsale ICO contributors own 77% of total token supply if hard cap is reached)
Conversion rate: 1 Ether = 25,000 LEND
Maximum market cap at ICO on a fully diluted basis: US$18 million assuming current Ether price of $360
Bonus structure: 1 Ether = 27,500 LEND for the first 200 million LEND, 1 Ether = 26,250 LEND for the next 100 million LEND
Presale or white list: Whitelist registration ongoing at https://ethlend.io/whitelist, presale (6% of total LEND sold at conversion rate of 1 Ether = 30,000 LEND) is over
ERC-20 Token: Yes
Timeline: November 25 at 12 PM GMT (please refer to EthLend’s website for the most up-to-date information)
Token distribution date: Tokens are distributed immediately after contribution and will be tradable after the end of ICO
Why do I like it?
1 Because the project is advanced Watch: and check the app on: https://app.ethlend.io/main/2
So we can see the team execution working.
2 As a token holder, you'll get a discount on their platform. Get a cheap loan, and invest it in mining.
3 The team:
Stani Kulechov, Founder – Studying Master’s Degree in Law at the University of Helsinki. Trainee at Bird & Bird.
Jordan Lazaro Gustave, Head of Management – Co-founder of TextFugees.
Martin Wichmann, Head Of Token Sale – Chief Blockchain Officer of Global Blockchain Capital, former Head of Nordics of Blockpay.
Anthony Akentiev, Blockchain Developer – Founder & CEO of the chain.cloud, a blockchain consulting company, former Founder & CTO of Adaperio.
Advisers of the project include Jon Matonis, Founding Director of Bitcoin Foundation and a veteran in the Findtech space, Wulf Kaal, Associate Professor at University of St. Thomas School of Law, Ada Jonuse, Co-founder and CEO of Lympo, Amin Rafiee, blockchain consultant, Robert Viglione, Co-founder of ZenCash, and Tomoaki Sato, Founder & Blockchain engineer at Starbase.co.
3 The gonna put in place their base in Switzerland
4 Low hard cap, so easier rising potential
5 Just like I do with stock, invest where others do, so the demand makes the price goes up. They have sold out in 77 hours the pre-sale
6 The loan project: The ones who really figure out how to make serious loans in the Crypto field will really make money. We're here talking about a huge decentralized case coming soon. I believe Ethlend can be one of them.
What do I don't like from Ethlend?
1 I would have appreciated at least one key member with real experience in the lending field
2 The ICO is only available on Eidoo platform. Why do they make it complicated when it was so easy to make it simple!!
WISH THEM GOOD LUCK and I'll definitely get want to be part of it