[ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You - page 61.

basil-usa

jr. member

Activity: 182

Merit: 1

Quote from: Hendrix_Coin on August 27, 2018, 09:23:39 AM

I just want to add that 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 but with higher interest rates and profit potential. And safe, collateral based loans is a huge advantage for lenders

And can you help with some more advantages for loaners? Of course, if you know some Wink

Adecrypt83

copper member

Activity: 154

Merit: 6

This announcement thread needs to be more colorful for it to showcase the project very well.

Hendrix_Coin

newbie

Activity: 97

Merit: 0

I just want to add that 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 but with higher interest rates and profit potential. And safe, collateral based loans is a huge advantage for lenders

artempan1ov

newbie

Activity: 29

Merit: 0

Quote from: Hendrix_Coin on August 27, 2018, 07:37:05 AM

Quote from: artempan1ov on August 27, 2018, 07:27:53 AM

Hey community, I am new here and just acquainted with what is project about (thanks to posts above Wink

) But probably someone can name their aim/goal? Would be really grateful

As I know, their goal is to connect people who already own cryptocurrencies, but have been unable to effectively utilize them, to those who want to benefit from the profit generated by cryptocurrencies, while avoiding the high risk that often characterizes crypto markets. Over the past year they have received numerous requests from both camps, and they are pleased to announce that they will soon release a platform that provides mutually beneficial solutions for both parties

Thank you for this answer. I love how friendly everyone is in here

Vampireminer11

jr. member

Activity: 168

Merit: 1

Quote from: MorenoBry on August 27, 2018, 08:47:02 AM

Quote from: TukiCripto on August 27, 2018, 08:01:11 AM

I understood everything correctly, so that I can take a loan in dollars, I have to provide a pledge of the same amount in cryptocurrency?

That's right, to take a loan in Fiat currency you will need to leave a Deposit in cryptocurrency. But what will happen if during the payment of the loan this crypto currency significantly increases in price, or Vice versa falls?

After successful loan repayment, borrowers can still recognize the the profit on their cryptocurrencies if exchange rates rise during the contract period.

MorenoBry

jr. member

Activity: 182

Merit: 1

Quote from: TukiCripto on August 27, 2018, 08:01:11 AM

I understood everything correctly, so that I can take a loan in dollars, I have to provide a pledge of the same amount in cryptocurrency?

That's right, to take a loan in Fiat currency you will need to leave a Deposit in cryptocurrency. But what will happen if during the payment of the loan this crypto currency significantly increases in price, or Vice versa falls?

Avatarium

newbie

Activity: 102

Merit: 0

Quote from: Rabelines on August 27, 2018, 08:24:04 AM

Team, hello!
what are your competitiors?

Judging by the website, it's salt, ethland and nexo. Though, I've never heard of these projects, to be honest

Rabelines

newbie

Activity: 78

Merit: 0

Team, hello!
what are your competitiors?

TukiCripto

jr. member

Activity: 145

Merit: 2

Quote from: DjonMnemonik on August 27, 2018, 07:55:07 AM

Quote from: artempan1ov on August 27, 2018, 07:27:53 AM

Hey community, I am new here and just acquainted with what is project about (thanks to posts above Wink

) But probably someone can name their aim/goal? Would be really grateful

Inlock is a lending platform enabling cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral.

I understood everything correctly, so that I can take a loan in dollars, I have to provide a pledge of the same amount in cryptocurrency?

DjonMnemonik

jr. member

Activity: 182

Merit: 2

Quote from: artempan1ov on August 27, 2018, 07:27:53 AM

Hey community, I am new here and just acquainted with what is project about (thanks to posts above Wink

) But probably someone can name their aim/goal? Would be really grateful

Inlock is a lending platform enabling cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral.

Hendrix_Coin

newbie

Activity: 97

Merit: 0

Quote from: artempan1ov on August 27, 2018, 07:27:53 AM

Hey community, I am new here and just acquainted with what is project about (thanks to posts above Wink

) But probably someone can name their aim/goal? Would be really grateful

As I know, their goal is to connect people who already own cryptocurrencies, but have been unable to effectively utilize them, to those who want to benefit from the profit generated by cryptocurrencies, while avoiding the high risk that often characterizes crypto markets. Over the past year they have received numerous requests from both camps, and they are pleased to announce that they will soon release a platform that provides mutually beneficial solutions for both parties

artempan1ov

newbie

Activity: 29

Merit: 0

Hey community, I am new here and just acquainted with what is project about (thanks to posts above Wink

) But probably someone can name their aim/goal? Would be really grateful

Rellinc

newbie

Activity: 76

Merit: 0

Quote from: Rabelines on August 27, 2018, 06:58:08 AM

Hey guys!
Great project, looking forward to token sale!
Just wondering, if you could clarify, what are the exact advantages for the borrowers?

Hey)
Preserve your crypto
Excluding interest payments, INLOCK platform users pay every cost in ILK tokens, thus you can preserve all your crypto upon repaying the loan.

Manage short term liquidity problems
Never have to sell your cryptocurrency again to finance a temporary liquidity problem.

Missed selling the tops?
When you think the time is right to buy, you can use your cryptocurrency as collateral and get a loan.

That's from the website

TukiCripto

jr. member

Activity: 145

Merit: 2

Quote from: Gash on August 27, 2018, 05:10:50 AM

Quote from: Tyler86 on August 27, 2018, 04:59:14 AM

Quote from: silvia76 on August 27, 2018, 04:55:26 AM

Is it possible for an ordinary individual to become a lender? What are the guarantees of a refund?

I would recommend you to carefully study the white paper, if I am not mistaken, the possibility of becoming a lender for individuals do not have.

I would be sceptical about that whitepaper. Having a mathematically proven model does not mean having a workable model. Im sure they stole someones academic work where all the bits have already been put together and possibly proven to pretend that it has a chance to work. Whether its workable, u decide. Also who on earth would believe newbie saying they raised 1.5 million usd? Lol.

Do you have any reason not to trust the information provided in the white paper? I wonder how you came to such conclusions?

Rabelines

newbie

Activity: 78

Merit: 0

Hey guys!
Great project, looking forward to token sale!
Just wondering, if you could clarify, what are the exact advantages for the borrowers?

Gash

full member

Activity: 658

Merit: 124

Quote from: Tyler86 on August 27, 2018, 04:59:14 AM

Quote from: silvia76 on August 27, 2018, 04:55:26 AM

Is it possible for an ordinary individual to become a lender? What are the guarantees of a refund?

I would recommend you to carefully study the white paper, if I am not mistaken, the possibility of becoming a lender for individuals do not have.

I would be sceptical about that whitepaper. Having a mathematically proven model does not mean having a workable model. Im sure they stole someones academic work where all the bits have already been put together and possibly proven to pretend that it has a chance to work. Whether its workable, u decide. Also who on earth would believe newbie saying they raised 1.5 million usd? Lol.

Tyler86

newbie

Activity: 168

Merit: 0

Quote from: silvia76 on August 27, 2018, 04:55:26 AM

Is it possible for an ordinary individual to become a lender? What are the guarantees of a refund?

I would recommend you to carefully study the white paper, if I am not mistaken, the possibility of becoming a lender for individuals do not have.

silvia76

jr. member

Activity: 182

Merit: 1

Is it possible for an ordinary individual to become a lender? What are the guarantees of a refund?

Faust91

newbie

Activity: 182

Merit: 0

Quote from: HerousNeo on August 27, 2018, 04:32:45 AM

I would like to know if you have a development plan for the next few years. After all, the lending niche should be calculated for many years.

You mean, does the project have a road map? Yes, the project has a road map, it is located on the website and white paper.

HerousNeo

jr. member

Activity: 210

Merit: 2

I would like to know if you have a development plan for the next few years. After all, the lending niche should be calculated for many years.

Topic: [ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You - page 61. (Read 272832 times)