Lending Program allows you to lend your bitcoin in return. for interest Generally daily. The programs invest your bitcoin for you and pay you a portion of the profits. Lending comes from English LEND or LOAN or Advance which means PINJAMAN in Indonesian language. So inside the cryptocurrency it self is a special lending system means that our coin is lent by the company, collected and loaned price by dollar by the company later after the contract runs out coin in lend the company will be returned by the company worth the loan (buy) in the form of dollars. Lending program is very good for the endurance of a profitable crypto, because after you buy coin in circulation then you lend to the company means the company to accommodate back coin in circulation, so that more rare and you are in dollars.
Tokenlend strives to help users worldwide benefit by lending funds with less risk and hassles. We believe that by using blockchain technology, we can make lending process easier and cheaper to use without the bureaucracy of traditional banking services.
Traditional banking products and services are very old and sluggish because of all their bureaucracy and documents. In the world of transcontinental currency transfers, decentralized databases and smart contracts, people are still limited by their geographical location and residence. Different legislation, currency and complicated taxes make business activities more complicated than they should and may be. The lack of integration between financial services forces people to deal with many intermediary institutions with their own verification policies, costs and restrictions. This can turn a seemingly simple operation into a great A headache.
The idea for TokenLend comes from the peak of our investment experience and our extensive experience in software development. Our goal is to build a reliable and reliable ecosystem that provides a complete funding loan for all parties involved. TokenLend will give people around the world the ability to invest in real estate loans using a variety of crypto and fiat currencies. Our platform will remove the uncertainty facing small investors by helping them build secure loan-based investment portfolios that provide competitive, predictable and consistent rates of return. The platform will contain a carefully selected list of carefully selected loans and pre-checks available for investment. TokenLend will only receive loans from trusted EU loan originators. The presence of a legal entity as a counter party allows us to take the necessary action in advance to receive timely payments by the lender and reduce the risk of default. TokenLend personnel will re-validate information received by the lender, including personal data of the borrower, appointment information, appraisal and LTV ratios.
Loans will only be listed on the platform if they meet TokenLend strict loan selection criteria.
In the Initial Coin Offering (ICO) campaign, TokenLend will offer a Lend Coin token (TLN) for sale. The TLN Token is a digital representation of the rights to exclusive membership on the TokenLend platform. TLN holders have the ability to invest the desired amount of funds from their accounts into every available loan listed on the TokenLend P2P platform. The account balance on the platform represents the number of TLN tokens stored in the Etherealum of a member TokenLend account at any given time. The TLN token will be traded outside the TokenLend platform. Since they are the ERC-20 tokens, they will have an inherent value on the exchange. Tokens purchased during ICO campaigns will provide two types of revenue for holders. Token holders can use TLN to invest in registered loans on the platform and receive revenue like other platform users. However, only ICO participants will receive a regular revenue share from platform operations. The TLN token holder is guaranteed 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 payment.
The LPN market will allow users to trade LPN with each other, this is only available to registered users. Users are not required to sell at the original cost of LPN, they can send orders for a certain LPN according to the desired price at TLN.
Users can also add comments and details about LPN to be sold. All transactions will be done by sending TLN from one address to another. LPNs will be considered to be sold once the TLN transaction is confirmed by the Ethereum network and at which time the LPN owner changes automatically. TokenLend is a blockchain based technology system, Tokenlend will provide a decentralized platform for all loan transactions. Borrowers will not have to worry about carrying out complicated paperwork to lend to be processed. The democratic nature of blockchain technology will allow anyone to get a loan without any specific mortgage. Tokenlend will make the lending market accessible to all; Beyond international limits and social and political constraints. For international taxpayers, their investment security is a big issue. Because TokenLend will use smart contracts for transactions, the contributions of contributors will still be guaranteed on this platform.
Token Sale details
- Total supply: 473 466 667 TLN
- ICO supply: 350 000 000 TLN
- Token price: 1 ETH = 2 500 TLN
- Soft cap is: 20 000 ETH
- Hard cap is: 140 000 ETH
The team and conclusion
The team consists of developers, blockchain specialists and investors who are inspired by one dream- to build a robust and user friendly loan investment. The team has previously built the world famous software product, DAEMON Tools. The ecosystem is on the road to becoming one of the biggest and most trusted lending management platform. They are supported by the growing need of a transparent and consolidated lending industry. The team has a very promising road map with future potential for disruptive growth.
A Blockchain technology based transparent and secure platform will solve the problems which we face in our financial life.Real Estate as security is the key for the platform. The platform will ensure success for both the investors and the customers and will revolutionize the lending economy.Join this wonderful journey of TOKEN LEND.
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