TokenLend is one of the platform that utilizations blockchain innovation with brilliant contract highlights and standard interfaces that ensures interoperability between tokens (ERC-20). Tokenlend Platform will give access to all supporters of take an interest in universal exercises, for example, putting resources into land credits utilizing an assortment of crypto and fiat monetary forms. TokenLend stage contains a rundown of secured and solid credits. Also there are directions that empower us to play it safe ahead of time to get auspicious installments by the loan specialist and decrease the danger of default.
HOW IT WORKS
The credit originator adds another advance to the framework by means of the Dashboard. After the credit points of interest are approved and effectively confirmed by stage faculty, the advance shrewd contract is made and distributed onto the stage.
Clients buy Loan Participation Notes (LPN) for a specific advance by exchanging a coveted measure of TLN to the credit address. The advance shrewd contract at that point produces the LPN contract with a main esteem comparing to the measure of TLN exchanged by the client and additionally an individual reimbursement plan in light of the creation timestamp of the LPNs and advance terms.
The LPNs are connected to the client's ETH wallet address as the recipient of the intrigue installments. The aggregate sum of TLN got from all clients are exchanged to the Loan Originator's record as the credit vital.
As per the credit savvy contract plan, the advance originator sends intrigue installments and central reimbursements (if appropriate) aggregate to the stage.
In the wake of playing out the last exchange by the credit originator, the LPN contract shuts the reimbursement plan and sends the enthusiasm alongside the rest of the TLN key to the related record.
The credit is then viewed as shut, the wallet address affiliation is expelled and the LPN contract is considered completely executed.
The TLN loan lifecycle :
The three main components in TLN:
- Loan Marketplace — the primary p2p lending market where borrowers are businesses, and lenders (investors) are platform users.
- Loan Participation Note (LPN) market — a secondary market for p2p lending where users can trade ongoing investments for immediate liquidity.
- Payment gateway — a service that enables users to deposit and withdraw funds from the platform.
TLN Token Sale and Details
Members willing to add to the advancement of the TokenLend stage can do as such by using digital currencies and other installment strategies recorded on the Website
Add up to number of tokens: 130,411,585 TLN
Benefactors get TLN tokens at the rate of 2,500 TLN per ETH
Givers will get extra tokens amid the pre-deal and crowdsale as portrayed beneath.
The deal will start on the 26th of March 2018
The commitment time frame will keep running for 45 days
The pre-deal will begin on the first of March 2018 and keep running for 11 days and will be topped at 3,500 ETH with a base commitment of 1 ETH
Amid the ICO token deal, there will be delicate top of 5,000 ETH and a hard top of 41,000 ETH.
Every single unsold token will be scorched
TLN tokens got by patrons will be transferable 7 days after the finish of Initial Coin Offering effort
DISTRIBUTION
7%-PRE-SALE
All tokens should be sold during the pre-sale. All pre-sale members will not have chance to purchase TLN tokens at special discounts, rather they will have the exclusive right to participate in the platform’s beta challenging phase and receive investment profits before any other token holders.
75%-ICO
Tokens will be distributed during the ICO.
All unsold tokens will be scorched.
3%-ADVISORY
Tokens will be granted to our legal and advisory team for their contribution.
These tokens will be locked for a period of 12 month .
14%-TEAM
Tokens will be allocated to the TokenLend founders and core team. 50% of these tokens will be locked for a 24 month period, and remaining 50% will be locked for 48 months.
1%-BOUNTY
of tokens will be allocated for various bounty activities.
TOKENLEND ICO and ALLOCATION
TLN token (** TLN can be tradable with exchanges with these)
Core Budget — 800 ETH
Soft Cap — 5,000 ETH
Hard Cap — 41,000 ETH
Total Supply: 130,411,585 TLN
Price: 1 ETH = 2,500 TLN (+ Bonus)
Pre-Sale Started Date: March 1, 2018 , will run for 11 days
Token Sale Started Date: March 26, 2018 and will run for 45 days.
Pre-Sale Bonuses
The following bonus tiers will be applied depending on total purchase.
<5 ETH +20% bonus in TLN tokens
5<=ETH<10 +21% bonus in TLN tokens
10<=ETH<20 +22% bonus in TLN tokens
20<=ETH<40 +23% bonus in TLN tokens
40<=ETH<80 +24% bonus in TLN tokens
=80 ETH +25% bonus in TLN tokens
TLN TOKEN Bonuses
The following bonus tiers will be applied depending on sales progress.
Tier 1: 0 >= 1,000 ETH — 10% bonus tokens
Tier 2: 1,000 >= 3,000 ETH — 7% bonus tokens
Tier 3: 3,000 >= 9,000 ETH — 5% bonus tokens
Tier 4: 9,000 >= 21,000 ETH — 3% bonus tokens
Token Sale Particulars
Contributors arranged to add to the occasion of the TokenLend stage can accomplish this using digital forms of money and distinctive expense techniques recorded on the Website
Complete assortment of tokens: 473,466,667 TLN
Contributors acquire TLN tokens on the charge of two,500 TLN per ETH
Contributors will get extra tokens all through the pre-deal and crowdsale as depicted underneath.
The deal will begin on the 26th of March 2018
The commitment interim will keep running for 45 days
The pre-deal will start on the first of March 2018 and keep running for 11 days and can be topped at 11,047 ETH with a negligible commitment of 1 ETH
Through the ICO token deal, there would be the agreeable top of 20,000 ETH and an intense top of 140,000 ETH.
All unsold tokens can be scorched
TLN tokens procured by givers can be transferable 7 days after the highest point of Preliminary Coin Providing advertising effort.
ROAD MAP
CONCLUSION:
Tokenlend is good securely and straight forward platform that one can be invest in real estate. If you are looking for a place to invest am advising you to invest in TokeLend because your investment will be well secure and cryptocurrencies or fiat currencies. If check TokenLend ROAD MAP, TEAM and INVESTORS you can see that TokenLend have a bright furthure ahead, it is going to progress higher. So am advising everyone to join TOKENLEND in https://tokenlend.io/
Website : https://tokenlend.io/
Whitepaper : https://tokenlend.io/tokenlend_whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2548329
Facebook : https://www.facebook.com/tokenlend/
Twitter : https://twitter.com/Tokenlend_news
Telegram : https://t.me/tokenlend
Bitcoin Profile: https://bitcointalk.org/index.php?action=profile;u=1229790
ETH: 0xd66AEB32AF87071Ee3904E2Ff12e2D71015E3760
lending platform are hard to belive
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