Topic: [Pre-ICO] ⚡⚡ TokenLend - real estate P2P lending platform from DAEMON Tools ⚡⚡ - page 14. (Read 3421 times)

Exactly, and a lot of people asked why we need such a large core budget (3,200 eth)?
Soft cap and hard became also too big...

So we decided to make this logical step.

Read the Dutch ANN thread: https://bitcointalksearch.org/topic/m.30710660

(if you can read Dutch off course  )

When such a fall occurs, the main thing is not to panic.   But so few can do it.

nice! that's quite reasonable, because of ETH crazy growth since November

That's great, caps are 4 times less, now!

After long considerations and after many questions and requests by our potential investors we eventually decided (due to increase of EUR/USD/ETH exchange rate) to change our core budget and cap numbers:

Here are new updated numbers:
---------------------------------

Core Budget
The core budget required to deliver the TokenLend Platform to ICO participants and end-users on time and in accordance with the roadmap, has been calculated. These funds will cover development and deployment of TokenLend platform covering all stages, from the very first sketches to the public launch.
 Total amount of funds to be allocated is - 800 ETH.

Total supply: 130 411 585 TLN
ICO supply: 93 750 000 TLN
Token price: 1 ETH = 2 500 TLN

Soft cap is: 5 000 ETH
Hard cap is: 41 000 ETH

Exchange rate:
1 TLN = 0.0004 ETH
1 ETH = 2500 TLN

The pre-sale will start on the 1st of March 2018 and run for 11 days and will be capped at 3 500 ETH with a minimum contribution of 1 ETH.
Up to 8 750 000 TLN + bonuses will be distributed during the pre-sale.
Pre-sale bonuses start at 20%.

Up to 93 750 000 TLN + bonuses will be sold during the crowdsale
The crowdsale will begin on the 26th of March 2018
The contribution period will run for 45 days.

All unsold tokens will be burned
TLN tokens received by contributors will be transferrable 7 days after the end of Initial Coin Offering campaign

What i'm talking about! 

We offer an investment which might help investors to preserve their assets and they would also a good chance to grow.

Some altcoins have already done this.
I agree, I would be more worried if the market always grew
This would mean that it would explode at the end.

Bitcoin has already grown, soon the rest will catch up.
Any market is characterized by growth, and falling,
otherwise it would be something else, MMM and so on.

Meanwhile, the market continues to fall...
Don't you worry about the future of the Crypto-world?

and maximum bonus during sale is +10% 

Yes, minimum bonus during pre-sale is +20%

It shows the long-term plans of the project, this is one of my criteria by which I filter projects for investment.

The reliability of investing in such loans is similar to the rehabilitation of the bank deposit at interest, but the profit here is much bigger. Without any doubt I'll buy some tokens!

According to the WP after ICO, you are going to immediately freeze 50% of your tokens for 2 years, and the remaining 50% – for 4 years. This inspire trust to the project..

WP, page 7, it's easy to find

1. The loan originator adds a new loan to the system via the Dashboard. After the loan details
are validated and successfully verified by platform personnel, the loan smart contract is
created and published onto the platform.
2. Users purchase Loan Participation Notes (LPN) for a particular loan by transferring a desired
amount of TLN to the loan address. The loan smart contract then generates the LPN contract
with a principal value equating to the amount of TLN transferred by the user as well as a
personal repayment schedule based on the creation timestamp of the LPNs and loan terms.
3. The LPNs are linked to the user’s ETH wallet address as the beneficiary of the interest
payments. The total amount of TLN received from all users are transferred to the Loan
Originator’s account as the loan principal.
4. In accordance with the loan smart contract schedule, the loan originator sends interest
payments and principal repayments (if applicable) total to the platform.
5. The Loan Participation Note contract requests the relevant share of interest payment and
principal payment (if applicable) from the loan smart contract. The LPN contract then receives
the funds and sends it to the associated account.
6. After performing the last transaction by the loan originator, the LPN contract closes the
repayment schedule and sends the interest along with the remaining TLN principal to the
associated account.
7. The user account receives TLN and sends the LPNs back simultaneously. The loan is then
considered closed, the wallet address association is removed and the LPN contract is
considered fully executed.

Probably, it's because of higher bonus % on Pre-sale, greedy!

This is a common practice of projects, there are always fewer tokens available on the pre-sale. It just how it works...

Why do you sell so few tokens on the Pre-sale?
Comparing to the ICO, it is 10 times less.