INLOCK

INLOCK

Lending Platform That Enables Cryptocurrency Holders

INLOCK is a lending platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan, using their existing cryptocurrencies as collateral. The credit transactions are established between the two parties directly. INLOCK merely acts as intermediary to record the terms of the agreement. These terms are established in a smart contract, making every credit contract between parties immutable and impossible to manipulate. Inlock (ILK) is an ethereum-based token that will be used when creating a lending contract.

About INLOCK
Short Brief about INLOCK ICO Startup with a score of 5.9, and this report was written on 11 August, 2018. Take note that the information you see right now may change.

ICO Startup will be alive at 11 August, 2018

Startup END DATE is on 12 October, 2018 so lose no time.

ICO Startup has chosen Ethereum token staging and is planing to raise hard cup of 27,500,000 USD.

Company has 8 experts.

David Sabo as Token Advisor who took part in these projects: Tip Blockchain
Tamas Safrany (Security specialist). He was seen working at Tip Blockchain ICO Startup
Team
Co-founder, CEO
Co-founder, CMO
UX & Frontend expert
Enterprise Business Architect
Audit & Compliance
Smart Contract Developer
Head of external communications
Blockchain, Token Specialist
Blockchain Software Architect
advisors
Media Advisor
Token Advisor
Monetary Theory Expert
Token Architect
Security specialist
Media advisor
Blockchain partnerships strategist
Legal Advisor
Milestones
Q4/2018
Coverage resupply option; Portfolio contracts: store a combination of cryptocurrencies within one contract to mitigate short term price fluctuations). Portfolio contracts could contain 'stable coins' to further mitigate the risks of contract termination in case of margin call; Multilingual support for: Japanese, Chinese, South Korean.
Q1/2019
Mobile app development for IOS and Android in order to provide our users access to their balance and contract management options from their mobile devices, including lending with full functionality; Adding new functionalities for portfolio contract termination options: drop order, smart drop order; Implementing the layer-2 payments channels (ex.: lightning network) rental service.
Adding the exchange module which allows users to near-instant swap between cryptocurrencies; Introducing the fee market: essentially the fee market allows potential borrowers to increase the motivation of finding a lending partner for their contract proposition sooner; Adding the next pool of cryptocurrencies: IOTA+ 2 additional based on customer demand; Advanced contract details to provide credit rating for lenders to help evaluate loan requests. (contract termination likelihood and historical performance of the Borrower); API release for automatic contract offer creation for lenders; Multilingual support for: Spanish, Russian, German.
Q4/2019
Introducing credit swap; a second level market where the lender community will be able to exchange running contracts; Prediction AI to predict the termination overhead dynamically to assist platform users in selecting potentially safe margin call points; Adding the next pool of cryptocurrencies: ZCASH+ 2 additional based on customer demand; Multilingual support for additional languages.
Q1/2020
Adding the lightning network module: in practice this means that if the user has any free assets available within the balance the user will be earning passive income constantly; Implementing atomic swap functionality.
Financial
token info
Token Name ILK
Token Platform Ethereum
Token Total Supply 4,400,000,000 ILK
Token Amount For Sale 3,300,000,000 ILK
Ico Token Price 0.0100 USD
Ico Token Supply 75%
investment info
Personal Cap Min 1,000 USD
Accept Currencies BTC, BCH, ETH, LTC
Soft Cap 15000000 USD
Hard Cap 27500000 USD
Restricted Areas USA, Bolivia, Ecuador, Pakistan, Iran, Algeria, Morocco, People’s Republic of China, North-Korea, Libya, Cuba
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