TokenLend (TLN) - A High Secured Platform to Lend Money Online
In modern world like nowadays, the world has become a place with full of technologies. Internet has erased the gap between people and countries. To some extent, the internet brought freedom and equality but somehow the world is still full of obstacles and limitations.
Now, many people become more and more familiar with the technology of blockchain. It is a kind of technology which the authenticity of data are vital because its availability and consistency. It also filled the crowdfunding’s evolution platforms of fundraising to make them more accessible and efficient.
Now, many people become more and more familiar with the technology of blockchain. It is a kind of technology which the authenticity of data are vital because its availability and consistency. It also filled the crowdfunding’s evolution platforms of fundraising to make them more accessible and efficient.
What is blockchain?
Blockchain is actually a type of ledger distribution or database decentralized where records of digital transaction are stored. All database nodes (instances) are linked to each other through Internet. In real time, data is synchronized between nodes and it can be seen by anyone who are connected within the network. After the process of each digital transaction, it is categorized and grouped with other process of transaction at a time in encrypted block cryptographically. The block is then validated or signed cryptographically and added to the technology of blockchain.
The main advantage of this technology is that all blocks are connected to the previous blocks which after that performing a chain. Therefore, a chain contains the whole history of transaction from the beginning (genesis) block to the end of the block. It gives every member advantages to show who owns certain thing at certain time.
The main advantage of this technology is that all blocks are connected to the previous blocks which after that performing a chain. Therefore, a chain contains the whole history of transaction from the beginning (genesis) block to the end of the block. It gives every member advantages to show who owns certain thing at certain time.
Have you known a decentralized platform that enables lending features? This is about it. Tokenlend strives to help users across the globe make profits by lending funds with fewer risks and hassles. We believe that by using blockchain technology, we can make the lending process easier and cheaper to use without the bureaucracy of traditional banking services. Traditional banking products and services are archaic and slow due to all their red tape and paperwork. In a world of cross-continental currency transfers, decentralised databases and smart contracts, people are still limited by their geographical location and residency. Different legislations, currencies and complex taxation make business activities more complicated than it should and could be. The lack of integration between financial services force people to deal with numerous middleman institutions with their own verification policies, fees and limits. This can turn a seemingly simple operation into a massive headache.
Getting Started Development
TokenLend team developed this platform using a reliable system and can provide people with a renewable solution in accessing investment instruments securely and comfortably. TokenLend assists Users in generating profits and significantly reduces the possibility of loss due to information and calculations. TokenLend makes investment activity easier by using Blockchain technology so users avoid bureaucratic and complicated and tedious traditional banking services. TokenLend develops and deletes distances and territories so that Users can freely invest in other regions or countries. The TokenLend team is professional and experienced in investments and software.
The statement of mission of Tokenland
Tokenland is a platform to provide fiat haven safely for people’s crypto funds. That’s why they have plan in creating a blockchain which is powered by lending platform. They strive to help more people across the world to find opportunities and make profits by lending funds with less hassles and risks. They believe that by using technology of blockchain, they can make the process of lending cheaper and easier without getting involved in a system of conventional bank services.
TokenLend believes that with a solid and reliable team and system, TokenLend can provide Users, a lending platform, which is secure and robust and gives Users various benefits and benefits that can enhance their investment activity. The TokenLend team also believes that with systematic and professional development, the TokenLend Team can build a better platform than similar platforms.
The solution from Tokenlend
Tokenland gets the idea which is the result from a culmination of their experience in investing as well as their software development vast experience. Tokenland has goal to build a reliable and robust ecosystem which provides a full service of fund lending for all parties that involved. It will also offer many people from different countries around the world a possibility to invest in real estate. People will not get worried to invest online since Tokenlad has high secured loan. The interest rates are also competitive from many kinds of assets of crypto in fiat value like USD and EUR.
This platform will have a list of chosen selected and pre-checked of secured loans that are available for investment. You should remember that, Tokenland will accept loans only from trusted originators of EU loan. The presence of entity’s legal as a counter party will allow many people to take important measures in advance to get payments by the lender. After that, they can mitigate the risk of default.
The personnel of Tokenland will re-check and validate information that has been received by the originator’s loan as well as the personal details, appraisal, pledge information, and LTV ration from the borrowers. Loans will only be listed on the platform if they meet the criteria of Tokenland’s stringent loan.
This platform will have a list of chosen selected and pre-checked of secured loans that are available for investment. You should remember that, Tokenland will accept loans only from trusted originators of EU loan. The presence of entity’s legal as a counter party will allow many people to take important measures in advance to get payments by the lender. After that, they can mitigate the risk of default.
The personnel of Tokenland will re-check and validate information that has been received by the originator’s loan as well as the personal details, appraisal, pledge information, and LTV ration from the borrowers. Loans will only be listed on the platform if they meet the criteria of Tokenland’s stringent loan.
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 headache.
The platform of Tokenlend
Each LPN or Loan Participation note represents loan with the smallest indivisible with 10 EUR for the value. Users can invest into a certain loan by buying any number which is available in LPN’s with crypto funds or fiat (including tokens of TLN) from their account balance’s platform. Holders of token will need to possess at least 5 TLN on account balance to buy LPN according to Tokenlend calculation.
The market of LPN will allow people to trade their LPNs from each other as long as they are registered users. It is not obligatory for them to sell at the original principal price of LPN because they are able to submit orders of selling for certain LPNs in the price they have set in TLN or Euro as long as LPN was created with tokens.
The market of LPN will allow people to trade their LPNs from each other as long as they are registered users. It is not obligatory for them to sell at the original principal price of LPN because they are able to submit orders of selling for certain LPNs in the price they have set in TLN or Euro as long as LPN was created with tokens.
LN Token
During the Initial Coin Offering (ICO) campaign, TokenLend will offer Lend Coin (TLN) tokens for sale. TLN tokens are a digital representation of the right to an exclusive membership on the TokenLend platform. TLN holders have a ability to invest the desired amount of funds from their account into any of the available loans listed on the TokenLend P2P platform. The account balance on the platform represents the number of TLN tokens stored in the Ethereum 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 are guaranteed to receive a share of the company’s profits. The distribution size will be determined by the proportion of tokens associated to 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 sold once the TLN transaction is confirmed by Ethereum network and at which point the LPNs’ owner is changed automatically
ROADMAP
OUR 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.
- Advisory
- 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./
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.
Token Sale Details
Participants willing to contribute to the development of the TokenLend platform can do so by using cryptocurrencies and other payment methods listed on the Website
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 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.
The entire process begins with the Initial Coin Offering campaign where the TLN Tokens will be put out for sale. The users who buy these tokens will receive an exclusive membership on the Tokenlend P2P platform. Using this membership, users will have the power to invest funds from their account into any of the available loan listed on the Tokenlend P2P platform. Not only that, the token holders will also receive a fixed share of the company’s profits from all its operations including lending, currency conversion, funds withdrawal, loan listing, etc. The fact that the token holders receive fixed profits on a regular basis makes it ideal for the users to buy the tokens. The Initial Coin Offering campaign the sparks of processes that ensure a smooth and the legitimate loan transaction.
For more information please visit :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 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.
The entire process begins with the Initial Coin Offering campaign where the TLN Tokens will be put out for sale. The users who buy these tokens will receive an exclusive membership on the Tokenlend P2P platform. Using this membership, users will have the power to invest funds from their account into any of the available loan listed on the Tokenlend P2P platform. Not only that, the token holders will also receive a fixed share of the company’s profits from all its operations including lending, currency conversion, funds withdrawal, loan listing, etc. The fact that the token holders receive fixed profits on a regular basis makes it ideal for the users to buy the tokens. The Initial Coin Offering campaign the sparks of processes that ensure a smooth and the legitimate loan transaction.
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
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