TokenLend Decentralized Lending Platform

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TokenLend Decentralized Lending Platform

Tokenlend strives to assist customers throughout the globe make income by lending funds with fewer dangers and hassles. We consider that through the use of blockchain expertise, we are able to make the lending course of simpler and cheaper to make use of without the forms of conventional banking providers.

Conventional banking services and products are archaic and sluggish as a consequence of all their purple tape and paperwork. In a world of cross-continental foreign money transfers, decentralized databases, and sensible contracts, individuals are nonetheless restricted by their geographical location and residency.

Totally different legislations, currencies, and complicated taxation make enterprise actions extra difficult than it ought to and may very well be. The shortage of integration between monetary providers forces individuals to take care of quite a few intermediary establishments with their very own verification insurance policies, charges, and limits. This will flip a seemingly easy operation into a large headache.

Our identity:

  • 10+ YEARS IN BUSINESS
  • 100+ MILLIONS OF USERS WORLDWIDE
  • 10+ SUCCESSFUL PRODUCTS

TokenLend is being made by the group of designers, enlivened by one dream. Having over 15 years of programming advancement encounter, with portfolio brimming with world well-known items like DAEMON Tools, we trust that we have all that anyone could need assets and will to convey the world’s best administration for individuals.

WHAT WE OFFER:

Credit Portfolio – TokenLend stage will be discharged with a pre-organized rundown of secured advances from trusted EU advance originators, and easy to understand interface for our future accomplices. At the primary stage, we will acknowledge just mortgage credits with the most dependable land properties as a promise. It will permit to accomplish the best hazard/pay an incentive for our clients.

Optional Market – TokenLend will have a Loan Participation Note (LPN) advertise (i.e. “Optional Market”) where clients can exchange continuous ventures for quick liquidity.

Decentralized Architecture – Platform’s business rationale will use all advantages of blockchain innovation by utilizing Ethereum appropriated record. Speaking to each protest as a brilliant contract and playing out all operations as token exchanges between Ethereum delivers will accomplish remarkable security, respectability, and safety of framework information.

The Resolution

The concept for TokenLend resulted from an end result of our funding expertise in addition to our huge expertise in software program improvement. Our objective is to construct a strong and dependable ecosystem that gives an entire fund lending service for all events concerned. TokenLend will give anybody throughout the globe the power to spend money on actual property secured loans utilizing numerous crypto and fiat currencies. Our platform will take away the uncertainties which small traders usually face by serving to them construct a secured mortgage primarily based funding portfolio that delivers an aggressive, predictable and constant return.

The platform will include an inventory of rigorously chosen and pre-checked secured loans out there for funding. TokenLend will solely settle for loans from trusted EU mortgage originators. The presence of an authorized entity as a counterparty will enable us to take crucial measures upfront to obtain well-timed funds from the lender and mitigate the danger of default. TokenLend personnel will re-validate data acquired by the mortgage originator, together with the borrower’s private particulars, pledge data, appraisal and LTV ratio.

Loans will solely be listed on the platform in the event that they meet TokenLend’s stringent mortgage choice standards.

TLN Token

Through the Preliminary Coin Providing (ICO) marketing campaign, TokenLend will supply Lend Coin (TLN) tokens on the market. TLN tokens are a digital illustration of the precise to a unique membership on the TokenLend platform. TLN holders have a capability to take a position the specified quantity of funds from their account into any of them out there loans listed on the TokenLend P2P platform. The account stability on the platform represents the variety of TLN tokens saved within the Ethereum pockets of the member’s TokenLend account at any given time. TLN tokens can be tradeable outdoors of the TokenLend platform. Since they’re ERC-20 tokens, they are going to have an inherent worth on exchanges.

Tokens bought throughout the ICO marketing campaign will present two kinds of revenue for holders. Token holders can use TLN to spend money on any mortgage listed on the platform and obtain revenue like some other platform consumer. Nevertheless, solely ICO members will obtain an everyday share of the revenue from the platform’s operation. Holders of TLN token are assured to obtain a share of the corporation’s income. The distribution measurement can be decided by the proportion of tokens related to every member’s account on the date of the fee.

The LPN market will enable customers to commerce LPNs between each other, that is solely out there to registered customers. Customers are usually not obliged to promote on the unique LPN principal worth, they will submit promote orders for particular LPNs at their desired worth in TLN.

Customers also can add feedback and particulars concerning the LPNs to be bought. All transactions can be carried out by sending TLN from one deal with to a different. The LPNs can be thought of bought as soon as the TLN transaction is confirmed by Ethereum community and at which level the LPNs’ proprietor has modified routinely.

ICO

Earlier than the crowdsale begins, TLN tokens can be minted by the TLN sensible contract. The whole quantity of tokens can be distributed within the following method:

TokenLend Allocation

Pre-sale

7% of all tokens can be bought throughout the pre-sale. All pre-sale members are not going to solely have a possibility to buy TLN tokens at particular reductions, however, may also have the unique proper to take part within the platform’s beta testing section and obtain funding income earlier than some other token holders.

75% of tokens can be distributed throughout the ICO. All unsold tokens can be burned.

Advisory

three% of tokens can be granted to our authorized and advisory crew for his or her contribution. These tokens can be locked* for a 12-month interval./

Workforce

14% of tokens can be allotted to the TokenLend founders and core crew. 50% of those tokens can be locked* for a 24-month interval, and the remaining 50% can be locked* for 48 months.

Token Sale Particulars

✓ Contributors prepared to contribute to the event of the TokenLend platform can achieve this through the use of cryptocurrencies and different fee strategies listed on the Website
✓ Complete variety of tokens: 473,466,667 TLN
✓ Contributors obtain TLN tokens on the fee of two,500 TLN per ETH
✓ Contributors will obtain bonus tokens throughout the pre-sale and crowdsale as described beneath.
✓ The sale will start on the 26th of March 2018
✓ The contribution interval will run for 45 days
✓ The pre-sale will begin on the first of March 2018 and run for 11 days and can be capped at 11,047 ETH with a minimal contribution of 1 ETH
✓ Through the ICO token sale, there would be the comfortable cap of 20,000 ETH and a tough cap of 140,000 ETH.
✓ All unsold tokens can be burned
✓ TLN tokens acquired by contributors can be transferable 7 days after the top of Preliminary Coin Providing marketing campaign.

Roadmap

TokenLend

 

To know the latest information about TokenLend project you can visit the link below:

Website: https://tokenlend.io/
Whitepaper: https://tokenlend.io/tokenlend_whitepaper.pdf
Facebook: https://www.facebook.com/tokenlend/
Twitter: https://twitter.com/Tokenlend_news
Telegram: https://t.me/tokenlend_bounty

Author : ubay

BTT Profile : https://bitcointalk.org/index.php?action=profile;u=376156

ETH : 0xF4919c366c3ad386f0A5Abe322d6cDe0238CeB28

Post Author: ubay

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