We are now 5 days away from Pre-ICO!Here's an update on our current status:
Total registered user: 12,477
Total BTC deposited: > 34.2 BTC (43% Pre-ICO total)
We are heading towards our Pre-ICO in a few days, here are some items we recommend:
1. Deposit BTC 2 to 3 days earlier to avoid issue or delay. During Pre-ICO volume of tickets will be up, Powerloan will do it's best to still meet the SLA of 24 hour, but do expect some delay due to volume.
2. Set your alarm clock to 5th May 2018 10AM UTC. First 2 hour is priority for early depositors up to Pre-ICO. Powerloan tokens will sell quickly and with limtied numbers available.
3. Grow your referrals now. Don't wait until Pre-ICO starts, all purchases during Pre-ICO from the first day itself will give referrers a Crowdsale bonus of 8% on Tier 1.
4. Remind your referrals on the Pre-ICO. They might forget or lose track of the Pre-ICO date on 5.5.2018.
5. Talk and share about Powerloan. Make it hot, make it viral and take Powerloan to the moon.
Why Powerloan?1. We are ready to go with all functions completed
We have invested in a full working system before development of website. The blockchain and all features are fully functional even before the ICO. All features will be launched after 10 days of open beta testing with our 500 volunteer users on 6th June 2018 to ensure negative and positive test cases are without bugs upon official opening of Lending, Internal Exchange and other features. Our team have done initial testing, but with 500 people testing, we trust our system is of quality.
There's no reason for Powerloan not to launch on 16th June 2018 as our system is ready. We will launch features regardless of ICO result, we believe in future growth of Powerloan after ICO.
2. Control on circulation through buy back and burning
Powerloan's long term objective and priority is token price. We only sell 6 million tokens on ICO which is small as we plan for future growth and keep Powerloan as a premium. If ICO is too big, it will hit a stumbling block due to unsustainable growth. Powerloan's objective is to reduce token circulation through buy back with the target of 1 million token per year. That way the price will be higher, and Powerloan will own more of it. Coin burn will ensure we are align with this objective. All transaction fee received and unsold tokens will be burned. Powerloan will not be dumped as BTC conversion of interest is enabled on day 1.
3. Best Referral Program and Promoter Award
Powerloan offer one of the best referral program and our PTIPA Reward for top promoters is attractive. Lending will not work if growth stops. We are geared towards building the platform even after ICO. Our on-ground team is doing a great job.
4. Pre-ICO and ICO
4. Attractive 30% bonus token offered for all Pre-ICO partcipants, and we expect all level of ICO to sell out before 5th June 2018. At 30% Bonus, our price per token will be at $0.35 each. There are also bonus at other ICO level but the quantum is far less. Powerloan is one of the best token to hold for long term as we have planned rewards that will bump it's price up quarterly. Our first announcement on external airdrop will happen soon.
5. No Manipulation
Powerloan will not manipulate token price for lending. Our internal exchange will launch on 16th June 2018. Lending will be based on internal exchange rate. Our initial list price will be $5.00 on internal exchange, and we will allow it to float based on demand. Lending value will be based on internal exchange.
6. External Exchange
Our application to external exchange have been approved and we are working on integration with external exchange. Integration will complete earlier but it will be open for trade on 16th June 2018. We will announce the 2 exchange upon completion of wallet integration.
Pre-ICO price is $0.50 per POWL token.
Offer: 30% Bonus POWL Airdrop on 12th May 2018 for Pre-ICO purchases.Catch our CEO's first interview at:
https://youtu.be/MUdvOJ4hrDY
