- NovaLend a revolutionary product that aims to transform the banking system by making credit more affordable and having a more robust reward structure -
Thank you for visiting my blog. Today we are going to take an indepth look at Novalend. We are going to check out the platform, dedicated roadmap, token specifications & features and of course the lending terms and conditions.
Lets get started.
Novalend brings a fresh and transparent approach to the cryptocurrency lending space. Their platform underwent major upgrades over the last few days. The new design is absolutely increadible to say the least. The first thing you notice when viewing the site is the amount of transparency and information that is provided.
According to their roadmap internal exchange and the lending program have been finshed for a few months now. The german team seems to prepared for everything. Below you can check out what they have achieved so far.
The roadmap shows that the team is looking for longterm sustainability and not shot-term success like many other platform in the field.
Development has been ongoing since early 2017 which shows their dedication and commitment to make Novalend a success for months and years to come.
What is NLC?
Novalendcoin is an ERC-20 token on the Ethereum Blockchain. Investors may purchase NLC with Bitcoin or Ether from the official ICO starting in 3 days.
Please check out the platform to see the exact countdown.
You can register here: https://novalend.co/register?ref=KONG
Investors will recieve their NLC instantly after the purchase. It will show up in your Myetherwallet or any other compatible wallet that supports ERC-20.
The team has reduced the total supply for the ICO to only 6.4 Million coins which makes NLC very limited. A total of only 20 Million NLC will ever exist.
What really impressed me with this project is the communication with their users. Novalend has implemented 24/7 support. This is a big plus in my eyes and gives them even more credibility.
The founder has already appeared on various Youtube channels to respond to community questions. This also is a great way to play with open cards and build trust.
Lets get into the actual lending part of this platform: Below are the terms and potential profit that members can make when they loan out NLC to the platform.
What are supernovapoints?
The team has implemented a further measure to build trust in form of "Supernovapoints" These are rewarded automatically when you make any size loan. They can then be used to a) boost your daily interest payouts or b) to shorten the time for capital release.
If you are as excited as i am for the ICO, make sure to sign-up:
https://novalend.co/register?ref=KONG
I will definitly be investing and hope to see a lot of you guys join me on this journey. If you have further questions anout Novalend make sure to post in the comments below so we can have a nice discussion.
All the best and good luck
Coinexplorer