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Author Topic: [ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You  (Read 272848 times)
Rellinc
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August 27, 2018, 02:04:48 PM
 #81

Team, hello!
what are your competitiors?
Judging by the website, it's salt, ethland and nexo. Though, I've never heard of these projects, to be honest
salt raised 48,5mln$. Weird that you didn't hear of them
They work only in the US(
Joceand
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August 27, 2018, 02:36:28 PM
 #82

Team, hello!
what are your competitiors?
Judging by the website, it's salt, ethland and nexo. Though, I've never heard of these projects, to be honest
salt raised 48,5mln$. Weird that you didn't hear of them
They work only in the US(
You guys seen the table on the website, there are all key features written there.
You can see the differences between the companies
AwanishSu1
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August 27, 2018, 03:03:59 PM
 #83

Hey, I love the community here. High activity, that's mean the project is really interesting. At least for me it is truly interesting. But can someone help me with token distribution structure? I mean probably someone knows. Thanks  Wink
Antearth
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August 27, 2018, 03:05:17 PM
 #84

Hey, I love the community here. High activity, that's mean the project is really interesting. At least for me it is truly interesting. But can someone help me with token distribution structure? I mean probably someone knows. Thanks  Wink

As I know from their website, they have 44% for Public Sale, 31% for Private Sale, 10% for Founders and Team, 10% for Advisors and 5% Reserved for Marketing
Tyler86
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August 27, 2018, 03:40:10 PM
 #85

Usually, credit institutions receive a significant profit after 1-2 years of work. Is there an action plan for the next 2 years?
foppertc
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August 27, 2018, 03:50:32 PM
 #86

Usually, credit institutions receive a significant profit after 1-2 years of work. Is there an action plan for the next 2 years?

The road map is designed to 2020, this is the action plan for the next 2 years. I am sure that the project will be successful.
Asmadey
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August 27, 2018, 04:13:36 PM
 #87

Team, hello!
what are your competitiors?
Judging by the website, it's salt, ethland and nexo. Though, I've never heard of these projects, to be honest
salt raised 48,5mln$. Weird that you didn't hear of them
They work only in the US(
You guys seen the table on the website, there are all key features written there.
You can see the differences between the companies
Didn't see that)
thanks Wink Wink
MaratHuendo
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August 27, 2018, 04:28:34 PM
 #88

Hey, I love the community here. High activity, that's mean the project is really interesting. At least for me it is truly interesting. But can someone help me with token distribution structure? I mean probably someone knows. Thanks  Wink

As I know from their website, they have 44% for Public Sale, 31% for Private Sale, 10% for Founders and Team, 10% for Advisors and 5% Reserved for Marketing
if 5% is reserved for marketing, perhaps the project administration will soon launch a bounty company?
Joceand
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August 27, 2018, 04:50:12 PM
 #89

Team, hello!
what are your competitiors?
Judging by the website, it's salt, ethland and nexo. Though, I've never heard of these projects, to be honest
salt raised 48,5mln$. Weird that you didn't hear of them
They work only in the US(
You guys seen the table on the website, there are all key features written there.
You can see the differences between the companies
Didn't see that)
thanks Wink Wink
you are welcome Smiley Wink
CyprusTokens
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August 27, 2018, 05:09:39 PM
 #90

What I really love is that Inlock helps users both retain their crypto and access its purchasing power by taking out near instant fiat loans with crypto collateral. These digital assets sold to finance a temporary liquidity problem can often only be bought back at a significant loss  Smiley
log63amg
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August 27, 2018, 05:10:39 PM
 #91

What I really love is that Inlock helps users both retain their crypto and access its purchasing power by taking out near instant fiat loans with crypto collateral. These digital assets sold to finance a temporary liquidity problem can often only be bought back at a significant loss  Smiley

And is it true that both borrowers and lenders can fully customize loans with flexible interest rates and variable terms? Don't you know?
CyprusTokens
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August 27, 2018, 05:17:59 PM
 #92

What I really love is that Inlock helps users both retain their crypto and access its purchasing power by taking out near instant fiat loans with crypto collateral. These digital assets sold to finance a temporary liquidity problem can often only be bought back at a significant loss  Smiley

And is it true that both borrowers and lenders can fully customize loans with flexible interest rates and variable terms? Don't you know?

You are absolutely right! Borrowers and lenders can fully customize loans with flexible interest rates and variable terms regarding loan duration and the amount deposited. No credit score check required, since all loans are 100%+ collateralized by crypto assets. Collateral managers actively monitor the current value of the collateral to provide full security for the lender
Giolenoph
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August 27, 2018, 05:23:15 PM
 #93

What do you do with the revenue tokens?
SanyaCripto
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August 27, 2018, 05:29:41 PM
 #94

I can buy tokens to UNLOCK right now? Is there any way? Or you need to wait until the tokens appear on the exchanges?
KlounBit5
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August 27, 2018, 05:58:35 PM
 #95

I can buy tokens to UNLOCK right now? Is there any way? Or you need to wait until the tokens appear on the exchanges?

Purchase UNLOCK during token sale on cryptocurrency exchanges or later directly from the UNLOCK platform.
Pelgoron
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August 27, 2018, 06:45:11 PM
 #96

What do you do with the revenue tokens?
ThedistributionofILKtokensusedwhencreatingalendingcontractisthefollowing:
10% for the marketplace where the parties are matched (INLOCK has created a complex
marketplaceAPItomakedealsavailablenotjustonourownsite);
30% for the Collateral Manager who handles the collateral for the entire duration of the
loan;
60% for the INLOCK platform which is used to cover operational costs, financing the
businessdevelopmentoftheplatformandextendingitsservices.
The INLOCK platform immediately puts all used tokens back into circulation through its own token market.
Incomelocker (OP)
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August 27, 2018, 06:53:57 PM
 #97

I can buy tokens to UNLOCK right now? Is there any way? Or you need to wait until the tokens appear on the exchanges?

Purchase UNLOCK during token sale on cryptocurrency exchanges or later directly from the UNLOCK platform.


This is INLOCK, not UNLOCK! Please use the right name:)
Unicornis
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August 27, 2018, 07:01:34 PM
 #98

But for this project to be implemented, banks must be interested in using your platform. What will be the benefit for the Bank? Why do you say that banks will compete for a customer at a discount?

I think INLOCK would be fine for the Banks because they can improve their LTD ratio over the platform. At the end of the day, LTD is one of the most important statistics for traditional banks, the loans are the most valuable revenue stream for them. 
Incomelocker (OP)
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August 27, 2018, 07:02:22 PM
 #99

Todays on INLOCK:
 - "INLOCK is proud to announce we made it into the finals of the 2018 CESA (Central European Startup Awards) competition, which will be held a month from today, on the 27th of September." >>https:/[Suspicious link removed]/ExKDNkmqFE
 - "INLOCK CEO Csaba Csabai @Menorel says, "The most promising development for fintech's future is also one of the most controversial: #cryptocurrency" >> https://www.paymentssource.com/opinion/cryptocurrency-and-blockchain-are-required-to-lure-young-consumers
 - "Today's factoid: INLOCK loans are always a minimum of 105% backed, so lenders are ensured of full loan + interest repayment" >> https://medium.com/@INLOCK/the-ltv-ratio-explained-inlock-cryptocurrency-lending-and-credit-platform-4be129110879

GuruBitov
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August 27, 2018, 07:09:04 PM
 #100

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