PRIMELEND - TRANSPARENT CRYPTO INVESTMENT PLATFORM ON ETHEREUM BLOCKCHAIN
What is PrimeLend?PrimeLend is a decentralized, secure and transparent investment platform that uses the Ethereum blockchain. It provides diverse investment opportunities in form of term-lending, stake holding and crypto exchange. PML, the PrimeLend currency, is the fuel for all services. PML is built on the Ethereum Blockchain and followed the ERC-20 standard to ensure security, privacy and compatibility. At PrimeLend have invented a remunerative investment platform where anyone can invest in three distinct profitable schemes- Lend, Stake and Trade. The investment currency is PML, an ERC-20 standard token developed on the mighty Ethereum blockchain. A very limited supply of PML (8,000,000) only would be issued and circulated to ensure an optimum supply-demand ratio. Through the Lending scheme, investors would be paid interest on their investment on a daily basis in our lending schemes. The interest rate on lending would vary, depending on our return on re-investment through PrimeLend Volatility Algorithm. This rate may go up as high as 672% per year! But the best bit is it would be paid on a daily basis. The Staking scheme is as easy as holding PML in your account to create value and earn PML in exchange for that. Through the Trading program, anyone can trade in our internal or external exchanges where PML would be tradeable with other cryptocurrencies.
Why PrimeLend?- TRANSPARENCY- A transparent token policy and blockchain based transactions will ensure transparency of services
- INSTANT WITHDRAWALS- We will NEVER hold your withdrawals. You will always be able to withdraw your available funds instantly either in PML or in BTC/ETH.
- DECENTRALIZATION- One token is issued, there is no central control. The demand will set the price autonomously.
- BUILT ON ERC-20- PML, the PrimeLend currency, is developed using the ERC-20 standard to ensure compatibility with wallets and exchanges.
- SECURE & PRIVATE- Transactions made in internal or external exchanges and transactions between users are completely secure and private.
- WALLET SERVICE- PrimeLend will offer a state-of-the-art wallet service for PML. The wallet will be available for web, PC, Mac, iPhone and android devices.
How PrimeLend Works?At this point, a legitimate question is how PrimeLend offers such high return on investment. The simple answer is we do it with intelligent re-investment. We are a group of people who have been in financial investment arena for decades, trading wide range of instruments. From blue chips and forex to commodity investment, we have accrued vast amount of experience on diverse trading instrument. Our trading experts have teamed up with a group of talented AI developers and together we have come up with groundbreaking algorithms that can predict the direction of volatility of different trading instruments. We have been using these algorithms for several months with outstanding effect on return of our investment. Now we are confident and want to take it to the next level with our investors as well.
What is PrimeLend Volatility Algorithm?PrimeLend Volatility Algorithm is a hybrid system developed by a group of financial asset managers and trading software developers with specialization in AI. The motive behind the development was to come up with a set of algorithms that can predict the peeks and valleys of different financial markets and generate successful trades with large scale of profits. But there are two decisive features that make this system stand out among the rest. Firstly, there are multiple algorithms for different financial markets, such as forex, crypto-currency and commodity. This covers a large number of financial instruments and a wider reach that provides more opportunities. Secondly, unlike other trading robots, it does not depend solely on the predefined analytical capacity of the software. The system and the respective markets are constantly being monitored round the clock by human trading experts. So, if a scenario comes where our trading advisors interpret the situation differently, they have the authority and the ability to override the algorithm and take control. This worked remarkably well for us for a great number of trades when the market movement was driven more by fundamental factors than technical factors. AI may have gone a long way but in trading arena, robots still depend on the technical analysis. But this hybrid nature of our platform not only gives us a different dimension, it also gives us an edge over the other systems. A lot of effort were put behind the development of this system but we are more than content with what have come up. So far the algorithms have generated a staggering 94% success rate in our investment on different financial assets and we predict the rate will only go higher with further improvement.
What are the Investment Opportunities?PrimeLend offers 3 distinctive investment opportunities for the investors. Earn profit by lending, exchanging or staking.
LEND Invest any amount from $100 onwards in form of PML and earn interest at an incredible rate of up to 56% per months. There are 5 lending schemes with different interest rate and capital release term.
STAKE Just keep PML in our exchange wallet for a certain period and earn rewards in our web-based staking schemes. The interest rate for staking starts as high as 8% month.
TRADE Trade PML in our internal our exchanges to earn profit from the difference of price volatility. Exchange can be made against BTC and ETH.
Why PrimeLend is Different from Other Lending Platforms?1. We are based on ERC-20 and Ethereum Blockchain. Every transaction in our lending platform and exchange will be a smart contract. So, you can actually trace where you are putting your money.
2. We have a very transparent token issuance policy. 85% tokens are to be sold in the private sale and main sale. Most other lending platform does not have a block explorer neither you can find how many tokens/coins the platform itself possess. So, the coin grows in your dashboard but when the coin is enlisted in exchange, everything is dumped and the token holders are left with a wallet full of money that's worth nothing. Such pump and dump is not going to happen with our token policy.
3. The ICO contract is written in a way that tokens will be delivered to the buyer instantly. The lending platform is also completely based on smart contract, where interest and the capital will be transferred directly to users wallet. The website will just be an interface to perform the transactions. For the exchange, the Ethereum conversions will be automatic and instant. For BTC, it's difficult to create a bridge with Ethereum blockchain that will be instant. Still, even in the worst cases, the withdrawal will not be delayed for more than an hour or two. But whatever the scenario is, we are NEVER going to hold the withdrawals.
Roadmap- PrimeLend Algorithm development started: March 2017
- Successful implementation of PrimeLend Algorithm: Oct 2017
- Website Launch: 06.Feb.2018
- Private Sale: 17.Feb.2018 - 23.Feb.2018
- ICO: 25.Feb.2018 - 31.Mar.2018
- Lending Platform Launch: 01.Apr.2018
- Staking Platform Launch: 08.Apr.2018
- Internal Exchange Launch: 15.Apr.2018
- External Exchange Enlistment: From 30.Apr.2018
Check our
website for complete roadmap.
Token InformationTOKEN NAME: PrimeLend Token
SYMBOL: PML
DECIMAL: 18
MAXIMUM SUPPLY: 8,000,000 (8 Million) PML
ICO & PRIVATE SALE: 6,800,000 (6.8 Million) PML
Token DistributionICO: 75%
PRIVATE SALE: 10%
DEVELOPMENT & OPERATION: 8%
MARKETING & PROMOTION: 5%
TEAM: 2%
Private SalePrivate sale was conducted for the early investors. We reached several institutional and personal investors as we were developing our platform and volatility algorithm. And we received firm commitment from several of them regarding their investment when we are ready to launch. All those interested parties got the first opportunity to invest at a lucrative price along with bonus tokens during the private sale phase. The private sale took place from the 17th-23rd February, 2018. Here are some key details:
- Tokens Allotted: 800,000 PML
- Tokens Sold: 100%
- Price: $0.25 PML
- Private Sale Smart Contract: View on Etherscan
- Sale Period: 17.Feb.2018 - 21.Feb.2018
PrimeLend ICOThe Initial Coin Offering (ICO) of PrimeLend is an exciting opportunity for the investors to avail PML at an incredible rate. During the ICO period, PML will be sold at a price from as low as $0.50 per PML. The ICO will be spread across eight rounds with limited availability of PML. Only 6,000,000 (six million) PML would be sold during the entire ICO. Here are some reasons why you should join the ICO:
- LIMITED SUPPLY: Only eight million PML will be issued and ever exist to keep the demand high. Majority of the tokens will be sold during the ICO.
- ERC-20 TOKEN: PML is built on Ethereum ERC-20 standard. Not only it makes your investment secure or private, it also ensures complete transparancy.
- INSTANT TOKEN DELIVERY: The ICO smart contract will automatically send PML to you soon as you make your pruchase. It means no waiting time to get token in your wallet.
- INCREDIBLE PRICE: You can buy PML at an incredible price of only fifty cents during the ICO. This is the lowest ever price that you van avail PML for.
- TRADABLE IN EXCHANGES: PML will be enlisted at least in 4 external exchanges by 2018. So you don't have to solely depend on our internal exchange for trading.
ICO SCHEDULE
ROUND 1 - $0.50/PML - 25.Feb-01.Mar
ROUND 2 - $0.55/PML - 02.Mar-06.Mar
ROUND 3 - $0.60/PML - 07.Mar-11.Mar
ROUND 4 - $0.65/PML - 12.Mar-15.Mar
ROUND 5 - $0.70/PML - 16.Mar-19.Mar
ROUND 6 - $0.80/PML - 20.Mar-23.Mar
ROUND 7 - $0.90/PML - 24.Mar-27.Mar
ROUND 8 - $1.00/PML - 28.Mar-31.Mar
*** In each round, only 750,000 PML tokens will be sold. ***
Frequently Asked QuestionsWho are the people behind PrimeLend?PrimeLend was founded by a group of people who have been hugely successful in their respective field. There are investment experts and the development team who collaborated to develop and maintain the PrimeLend volatility Algorithm. There is also a core management team with expertise in conducting large scale project and they ensure that we are right on our track.
How does the Lending program work?In short, we borrow from you, reinvest it and then share the profit with you. PML is the currency of PrimeLend Lending program. We invest your fund through our PrimeLend Volatility Algorithm, which has an extremely high percantage for successful trades.
How can you offer such a high rate of return?Simple answer is, we do not keep everything in our wallet. Our skilled trading experts and our Volatility Algorithm ensures almost certain very high return on investment. We just share the majority of the profit with you that is earned through your fund.
What payment methods do you accept during ICO?During the ICO, we will only be accepting Ether. However, once we start our lending program and internal exchange, you should be able to buy using Bitcoin, LiteCoin and fiat money.
How can I earn from the affiliate program?PrimeLend affiliate program can be a great source to earn just by referring others. Once someone you referred signs up and invest in our lending or staking scheme, we will reward you with a portion of their investment.
Bounty ProgramBounty program will be announced through a separate thread tomorrow and the link will be updated here. Stay tuned.
