You wrote - "Powerloan is a cryptographic loan program aimed at becoming a marker for storing securities." What's in your view is the storage token. What securities will be kept? What benefit to investors?
Thank you for your question.
Powerloan's objective is not to become a mainstream cryptocurrency, due to speed of transaction and infrastructure required for vendor or people intending to use it as a daily currency. Our objective is to create a coin that retains value for the investor, and token value will be the main focus of our entire project.
In term of securities, a series of investment and program have been designed in order for our loan interest payout to be sustainable. Our strategy is to split the investment between brick and mortar as well as digital businesses.
1. 35% of funds collected will be used to invest in consumer grade renewable energy technology such as solar panels, smart home devices and such. We are creating an OEM brand that will be marketed throughout tropical countries where technology adaption is fast, and solar energy is optimum throughout the year. We believe the potential room to grow is huge in Asia. Our aim for this business it to create a series of product affordable and maintenance free for end consumers.
2. 35% of funds will then be used to create green energy token for data center services. These token can be used to claim cloud services from our next project. This project is aim to be launched by end of July 2018. A green data center is now already operating and we will need to be able to tokenize it's services in order to make it available to a larger crowd.
The 2 projects above are the ones we are currently actively developing with the funds collected at powerloan. With the above, we will then be able to execute programs to maintain, sustain and grow our coin value through below efforts:
1. Coin buy back - Every 2 month, we will execute a buy back with 40% of profits from our projects.
2. Airdrop New Token - Each Blockchain project launched under Powerloan will allow owners to get new token from the project.
3. Dividend payout in FIAT - Every quarter we will allocate dividend in FIAT, that would also be converted to POWL token.
4. Coinburn for unsold token after listing on external exchange.
How it will benefit investors?
Powerloan will always make token price a priority, it is also a platform for investors will receive a series of project rewards instead of a single lending program.
It is aimed to produce a series of medium term returns.
Powerloan have a lot of ideas to be executed, but we aim to start of with the above. In the long run, when we complete each milestones - we will be announcing the next project under the Powerloan umbrella. We want to make Powerloan into a cryptographic income generating asset.
So this means the investors and members will have a big benefit just investing money from the power loan? Are you planning to work with different big exchanges?
We are currently working with Coinexchange, Mercatox, HitBTC, Stocks.Exchange and KuCoin. We have received listing requirements from 2 of the exchange and is currently working towards it. We forsee that Powerloan will be listed on at least 1 exchange within 2 weeks after ICO.
