[ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You - page 48.

Incomelocker

member

Activity: 154

Merit: 50

Quote from: CroatiaGoGo on August 31, 2018, 09:55:48 AM

Quote from: Lovecurrency on August 31, 2018, 09:38:35 AM

Quote from: Movikshp on August 31, 2018, 09:14:18 AM

Quote from: Lovecurrency on August 31, 2018, 08:58:30 AM

Hey. The thread was on top so I became interested in what is Inlock.

It is a lending platform, which enables cryptocurrency holders to manage short term liquidity problems by taking a loan, using their existing cryptocurrencies as collateral. What’s more, accredited lenders can use INLOCK to provide risk-free loans to cryptocurrency holders.

And what problems it solves? Only spendability?

Not only

There is an interesting phenomenon about cryptocurrencies which is the Adoption paradox as we like to call it. The question we have to ask ourselves is should we develop financial services in the cryptospace when it reaches mass adoption OR mass adoption will never come, if we don't build enough proper financial services?

The blocking issues are: volatility; scalability; regulatory issues; fungibility and spendability. I believe if we improve the spendability that itself is a huge thing already.

Incomelocker

member

Activity: 154

Merit: 50

Quote from: Gonzalez Earl on August 30, 2018, 03:19:37 PM

The idea has just started its idea development. Already I see activity! I liked the idea of your business. I'll follow the development of the platform in the future!

Thank you so much for your support.

syesraypb

newbie

Activity: 81

Merit: 0

These ideas will be launch soon in the future, hopefully you are the leader. Private always the most important things

CroatiaGoGo

newbie

Activity: 59

Merit: 0

Quote from: Lovecurrency on August 31, 2018, 09:38:35 AM

Quote from: Movikshp on August 31, 2018, 09:14:18 AM

Quote from: Lovecurrency on August 31, 2018, 08:58:30 AM

Hey. The thread was on top so I became interested in what is Inlock.

It is a lending platform, which enables cryptocurrency holders to manage short term liquidity problems by taking a loan, using their existing cryptocurrencies as collateral. What’s more, accredited lenders can use INLOCK to provide risk-free loans to cryptocurrency holders.

And what problems it solves? Only spendability?

Not only

MaryanaBit

jr. member

Activity: 154

Merit: 1

Quote from: Inovexvi on August 31, 2018, 09:45:28 AM

Hello, everyone!
Indeed, it's the greatest businesss in this century.
By the way, do not forget about paying your tax first, pleeeeease.

Hey. Of course, the credit industry is very popular nowadays, plus it brings tangible income to creditors, and why not?

Inovexvi

newbie

Activity: 35

Merit: 0

Hello, everyone!
Indeed, it's the greatest businesss in this century.
By the way, do not forget about paying your tax first, pleeeeease.

Lovecurrency

newbie

Activity: 125

Merit: 0

Quote from: Movikshp on August 31, 2018, 09:14:18 AM

Quote from: Lovecurrency on August 31, 2018, 08:58:30 AM

Hey. The thread was on top so I became interested in what is Inlock.

It is a lending platform, which enables cryptocurrency holders to manage short term liquidity problems by taking a loan, using their existing cryptocurrencies as collateral. What’s more, accredited lenders can use INLOCK to provide risk-free loans to cryptocurrency holders.

And what problems it solves? Only spendability?

GuruBitov

jr. member

Activity: 182

Merit: 1

Quote from: Lovecurrency on August 31, 2018, 08:58:30 AM

Hey. The thread was on top so I became interested in what is Inlock.

You have the opportunity to invest in a platform that will be engaged in lending in the future. This is a chance to invest in the future.

Lovecurrency

newbie

Activity: 125

Merit: 0

Hey. The thread was on top so I became interested in what is Inlock.

MariaHoume

newbie

Activity: 182

Merit: 0

Quote from: cryptonuim6 on August 31, 2018, 08:41:17 AM

Good afternoon.
I wonder if it's possible for an ordinary person to become a creditor? And what percentage of return?

An individual can take money on credit, but can not give money on credit. These are the conditions for today.

Incomelocker

member

Activity: 154

Merit: 50

Quote from: cryptonuim6 on August 31, 2018, 08:41:17 AM

Good afternoon.
I wonder if it's possible for an ordinary person to become a creditor? And what percentage of return?

Until regulatory frameworks of respective regions start supporting p2p lending, only institutional lenders will be allowed to finance loans through INLOCK.

Incomelocker

member

Activity: 154

Merit: 50

Quote from: IavanHer3 on August 30, 2018, 10:50:32 AM

Quote from: Incomelocker on August 30, 2018, 09:39:55 AM

Quote from: TimurBit on August 30, 2018, 09:09:16 AM

What will I get to keep the tokens in my wallet? Are there any dividend payments or additional bonuses planned?

No, just for holding you don't get any reward, our tokens are utility tokens. There is however a role on our platform, where if you do your duty as DSBM (Distributed Supervisory Board Member), you get quarterly rewards in direct proportion to the ILK tokens in your wallet. We designed it this way so that those who hold our tokens are incentivized to maintain the proper functioning of the platform by acting as an oracle in case of a dispute. There's no reward just for holding tokens and being a DSBM, one must also put the work in.

That is, if you actively participate in the development of the project and own a certain number of ILK tokens, dividends are provided?

If you actively participate in the development of the project (as a Distributed Supervisory Board Member) and own a certain number of ILK tokens, you get quarterly rewards (not dividends) in direct proportion to the ILK tokens in your wallet.

cryptonuim6

jr. member

Activity: 266

Merit: 2

Good afternoon.
I wonder if it's possible for an ordinary person to become a creditor? And what percentage of return?

Ibra055

newbie

Activity: 63

Merit: 0

Quote from: Jorifrom on August 31, 2018, 08:04:04 AM

Quote from: Ibra055 on August 31, 2018, 07:50:16 AM

Quote from: Jorifrom on August 31, 2018, 07:24:02 AM

Quote from: Ibra055 on August 31, 2018, 07:05:15 AM

Quote from: Jorifrom on August 31, 2018, 06:53:30 AM

Quote from: Ibra055 on August 31, 2018, 06:34:08 AM

Quote from: Jorifrom on August 31, 2018, 06:17:26 AM

Quote from: Ibra055 on August 31, 2018, 06:04:21 AM

Quote from: Jorifrom on August 31, 2018, 05:53:55 AM

Quote from: Ibra055 on August 31, 2018, 05:31:27 AM

How many tokens are reserved for the team?

10%, as usual, i guess

I wouldn't say it's usual. Some projects take more

I guess Inlock is not greedy like other projects))

Well, these guys have a well-thought business model! they'll have enough

So will we))

Exactly

17% bonus is very nice

how long will it last?

Till sept 21

And then?

mummybtc

hero member

Activity: 868

Merit: 500

I read on the OP that the team has already raised $1.5 million in seed round, and I saw on the website that 31% of the tokens are allocated to private sale, how many of these private sale tokens is allocated to seed investors because of the reason the market comes down is because of the private investors getting ridiculous bonus and start dumping on the exchanges. What is their lock-up period

Incomelocker

member

Activity: 154

Merit: 50

Quote from: foppertc on August 30, 2018, 11:05:36 AM

Can electronic money collateral be converted into FIAT immediately? I would like to understand all possible risks and possible circumstances.

Inlock enables cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral. Since the cryptocurrency collateral can be converted to FIAT currency immediately, the risks involved for the lender party are almost identical to a bank deposit while offering higher interest rates and profit potential. The process is fast and seamless as it eliminates the need for additional credit checks since the borrower provides collateral, which offers rapid and flexible convertibility.

Jorifrom

newbie

Activity: 60

Merit: 0

Quote from: Ibra055 on August 31, 2018, 07:50:16 AM

Quote from: Jorifrom on August 31, 2018, 07:24:02 AM

Quote from: Ibra055 on August 31, 2018, 07:05:15 AM

Quote from: Jorifrom on August 31, 2018, 06:53:30 AM

Quote from: Ibra055 on August 31, 2018, 06:34:08 AM

Quote from: Jorifrom on August 31, 2018, 06:17:26 AM

Quote from: Ibra055 on August 31, 2018, 06:04:21 AM

Quote from: Jorifrom on August 31, 2018, 05:53:55 AM

Quote from: Ibra055 on August 31, 2018, 05:31:27 AM

How many tokens are reserved for the team?

10%, as usual, i guess

I wouldn't say it's usual. Some projects take more

I guess Inlock is not greedy like other projects))

Well, these guys have a well-thought business model! they'll have enough

So will we))

Exactly

17% bonus is very nice

how long will it last?

Till sept 21

luksbit

sr. member

Activity: 1204

Merit: 252

In order to apply for a loan in currency fiduciary, should you attach cryptographic coins with the same amount to be requested in the loan? The loan be supported for any type of currency fiduciary?

Ibra055

newbie

Activity: 63

Merit: 0