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Author Topic: [ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You  (Read 272782 times)
MertinLyter
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August 27, 2018, 07:28:17 PM
 #101

What day of the scheduled start of ICO? What will be the minimum Deposit and what cryptocurrencies will be accepted as payment?
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Incomelocker (OP)
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August 27, 2018, 07:31:25 PM
 #102

What will I get as to keep the coins INLOCK? Are there any planned dividend payments or additional bonuses?


INLOCK token (ILK) is not a security token, the only reason to hold it to use it. We learned many from other crypto related lending platforms, and make a new way to do it. Inlock (ilk) is a utility token, what is the basic “gas” of the whole lending ecosystem.

All unsold tokens will be locked until
September 30, 2019 (1 year after the token sale). These tokens will be distributed among
all token sale participants if they still have ILK tokens as the same address they provided
during the token sale. We wish to reward participants for their long term commitment.
KeithA
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August 27, 2018, 07:36:32 PM
 #103

What is the consensus algorithm used by the business and how was it picked? What languages will your website, whitepaper, and marketing initiatives be in?
BatistaCru
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August 27, 2018, 08:07:09 PM
 #104

What day of the scheduled start of ICO? What will be the minimum Deposit and what cryptocurrencies will be accepted as payment?

token sale will start in 18 days, September 15. Crypto-currencies such as BTC and ETH, will definitely be taken!
Incomelocker (OP)
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August 27, 2018, 08:27:07 PM
 #105

What day of the scheduled start of ICO? What will be the minimum Deposit and what cryptocurrencies will be accepted as payment?

token sale will start in 18 days, September 15. Crypto-currencies such as BTC and ETH, will definitely be taken!


Beside BTC and ETH, following cryptocurrencies also will be accepted: LTC and BCH.
dentoku
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August 27, 2018, 08:31:31 PM
 #106

I wanted to ask a question regarding the tx speed. Do you guarantee the blockchain was not overloaded by the incoming or outcoming transaction?
Allexandr
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August 27, 2018, 08:34:54 PM
 #107

What day of the scheduled start of ICO? What will be the minimum Deposit and what cryptocurrencies will be accepted as payment?

token sale will start in 18 days, September 15. Crypto-currencies such as BTC and ETH, will definitely be taken!


Beside BTC and ETH, following cryptocurrencies also will be accepted: LTC and BCH.
can you tell me exactly where you found this information? I looked at the project's website and its white paper, but found no information about the currencies accepted during the ICO.
Incomelocker (OP)
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August 27, 2018, 08:39:37 PM
 #108

I wanted to ask a question regarding the tx speed. Do you guarantee the blockchain was not overloaded by the incoming or outcoming transaction?

INLOCK business model is totally independent from public blockchain speed or congestions. Although the tokens are working on Ethereum (ERC20) network, but it stored on a custodial wallet (on the platform) if a customer would like to use it for locking a collateral. So network speed cannot really affect the business model.

You can find more details on the following docs:
 - http://inlock.io/business (Business Opportunities)
 - http://inlock.io/tokenomics (Tokenomics)
Incomelocker (OP)
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August 27, 2018, 09:08:14 PM
 #109

What day of the scheduled start of ICO? What will be the minimum Deposit and what cryptocurrencies will be accepted as payment?

token sale will start in 18 days, September 15. Crypto-currencies such as BTC and ETH, will definitely be taken!


Beside BTC and ETH, following cryptocurrencies also will be accepted: LTC and BCH.
can you tell me exactly where you found this information? I looked at the project's website and its white paper, but found no information about the currencies accepted during the ICO.


You can find it on ICO listing sites, for example, ICObench: https://icobench.com/ico/inlock
But this information really missing from the ICO lending page, definitely needs to fix it! Smiley
Plenamola
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August 27, 2018, 09:42:34 PM
 #110

I wanted to ask a question regarding the tx speed. Do you guarantee the blockchain was not overloaded by the incoming or outcoming transaction?

INLOCK business model is totally independent from public blockchain speed or congestions. Although the tokens are working on Ethereum (ERC20) network, but it stored on a custodial wallet (on the platform) if a customer would like to use it for locking a collateral. So network speed cannot really affect the business model.

You can find more details on the following docs:
 - http://inlock.io/business (Business Opportunities)
 - http://inlock.io/tokenomics (Tokenomics)


Thank you for this info! Will check this shortly  Wink
Grandmasterbit93
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August 27, 2018, 09:43:22 PM
 #111

What is really important is that the process itself is fast and seamless and there is no need for additional credit assessment, since the borrower provides the collateral, offering rapid and flexible convertibility
Salesin
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August 28, 2018, 08:46:42 AM
 #112

While there are other lending platforms available that allow borrowers to use cryptocurrencies as collateral, InLock appears to be the most flexible and cost effective.
silvia76
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August 28, 2018, 09:16:25 AM
 #113

While there are other lending platforms available that allow borrowers to use cryptocurrencies as collateral, InLock appears to be the most flexible and cost effective.
What specific cryptocurrencies will be accepted as collateral? What is the monthly loan rate?
TukiCripto
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August 28, 2018, 09:27:53 AM
 #114

credit platforms should be designed for many years, as the first profit they will receive at least 8-10 months. Investors should understand that investments should be long-term.
MaratHuendo
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August 28, 2018, 09:33:25 AM
 #115

credit platforms should be designed for many years, as the first profit they will receive at least 8-10 months. Investors should understand that investments should be long-term.

I can not find information about the bounty company, tell me, and INLOCK plans to launch a bounty? I am also interested in the exact timing of the bounty.
Tyler86
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August 28, 2018, 10:02:11 AM
 #116

Will there be any mobile application created in the future? In order to manage finances from your phone or tablet?
cryptonuim6
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August 28, 2018, 10:07:20 AM
 #117

Will there be any mobile application created in the future? In order to manage finances from your phone or tablet?

The roadmap indicates that the presentation of the mobile application is scheduled for the 1st quarter of 2019.
tonyhawk909
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August 28, 2018, 11:22:31 AM
 #118

Hello everyone. I see project quite promising, but interested in one aspect. When token sale starts?
Dvorjekarri
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August 28, 2018, 11:30:14 AM
 #119

it's still early to expect that most of the people that are investing in crypto have the consciousness and integrity to avoid investing in centralized projects and plans that just throw word blockchain in to get a piece of the pie. So, take a big pie from this business!
RecoveryMan
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August 28, 2018, 11:36:27 AM
 #120

Hello everyone. I see project quite promising, but interested in one aspect. When token sale starts?
If I am not mistaken, in 17 days. But you can check it on their website
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