TOKENLEND

Februari 09, 2018

What is TOKENLEND?

First, it guarantees loans for all of us, which will give people the ability to invest in guaranteed real estate loans in different currencies and currencies. Our foundation will eliminate the uncertainty facing small investors by helping them build a predictable, predictable, and profitable competitive loan portfolio. consistent.

Ideas for TokenLend results from their investment experience and software development.

The solution

The idea for TokenLend resulted from a culmination of our investment experience as well as our vast experience in software development. Our goal is to build a robust and reliable ecosystem that provides complete lending services for all parties involved. TokenLend will give anyone across the globe the ability to invest in real estate secured loans using various crypto and fiat currencies. Our platform will remove the uncertainties which is the investment investor portfolio that delivers a competitive, predictable and consistent return. The platform will contain a list of carefully selected and pre-checked secured loans available for investment. TokenLend will only accept loans from trusted EU loan originators. The presence of a legal entity as a counterparty will allow us to take timely payments by the lender and mitigate the risk of default. TokenLend personnel will re-validate information received by the loan originator, including the borrower's personal details, pledge information, appraisal and LTV ratio.Loans will only be listed on the platform if they meet TokenLend's stringent loan selection criteria.

TLN Token

During the Initial Coin Offering (ICO) campaign, TokenLend will offer Lend Coin (TLN) tokens for sale. TLN TokenLend platform is a TokenLend platform. The TokenLend P2P platform is listed on the TokenLend P2P platform. The account balances on the platform represents the number of TLN tokens stored in the Etherealum wallet of the member's TokenLend account at any given time. TLN tokens will be tradeable outside of the TokenLend platform. Since they are ERC-20 tokens, they will have an inherent value on exchanges. Tokens purchased during the ICO campaign will provide two types of income for holders. Token holders can use TLN to invest in any loan listed on the platform and receive income like any other platform user. However, only ICO participants will receive a regular share of the income from the platform's operation. Holders of TLN token is guaranteed to receive 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 the payment.The LPN market will allow users to trade LPNs between one another, this is only available to registered users. Users are not obliged to sell at the original LPN principal price, they can submit sell orders for specific LPNs at their desired price in TLN. Users can also add comments and details about the LPNs to be sold. All transactions will be performed by sending TLN from one address to another. The LPNs will be considered once the TLN transactions are confirmed by Ethereum network and where the LPNs' owner is changed automatically.

ICO

Before the crowdsale begins, TLN tokens will be minted by the TLN smart contract. The total amount of tokens will be distributed in the following manner:

Pre-sale

7% of all tokens will be sold during the pre-sale. All pre-sale participants will not have a chance to purchase TLN tokens at special discounts, but will also have the exclusive right to participate in the platform's beta testing phase and receive investment profits before any other token holders.

ICO

75% of tokens will be distributed during the ICO. All unsold tokens will be burned.

Advisor

3% of tokens will be granted to our legal and advisory team for their contribution. These tokens will be locked * for a 12 month period./

Team

14% of tokens will be allocated to the TokenLend founders and core team. 50% of these tokens will be locked * for a 24 month period, and the remaining 50% will be locked * for 48 months.

Details of Token Sale

✓ Participants willing to contribute to the development of the TokenLend platform ✓ Total number of tokens: 473,466,667 TLN ✓ Contributors receive TLN tokens at the rate of 2,500 TLN per ETH ✓ Contributors will receive bonus tokens during the pre-sale and crowdsale as described below. ✓ The sale will begin on the 26th of March 2018 ✓ The contribution period will run for 45 days ✓ The pre-sale will start on the 1st of March 2018 and run for 11 days and will be capped at 11,047 ETH with a minimum contribution of 1 ETH ✓ During the ICO token sale, there will be a soft cap of 20,000 ETH and a hard cap of 140,000 ETH. ✓ All unsold tokens will be burned✓ TLN tokens received mby contributors will be transferable 7 days after the end of Initial Coin Offering campaign.

Roadmap