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Author Topic: [ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You  (Read 272847 times)
maryjanewatson
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August 31, 2018, 07:28:47 AM
 #281

Where can I follow the news of this project?
RecoveryMan
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August 31, 2018, 07:43:12 AM
 #282

Where can I follow the news of this project?
i'd recommend subscribing to their medium account
maryjanewatson
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August 31, 2018, 07:56:44 AM
 #283

Where can I follow the news of this project?
i'd recommend subscribing to their medium account
could you help with the link?
Incomelocker (OP)
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August 31, 2018, 08:00:04 AM
 #284

So glad I found this project. I've been in finance my whole life, and I love that flexible loans will finally be given in a smart, technological way

Thank you for the kind words, it means a lot to us.
Incomelocker (OP)
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August 31, 2018, 08:13:53 AM
 #285

Where can I follow the news of this project?
i'd recommend subscribing to their medium account
could you help with the link?


You can follow the news on several platforms:
Our website: https://loan.inlock.io/category/inlock-blogposts/
Medium: https://medium.com/me/stories/public
Twitter: https://twitter.com/inlock_token
Facebook: https://www.facebook.com/incomelocker/

Also, for news you can join our Telegram: https://t.me/inlock

RecoveryMan
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August 31, 2018, 08:16:55 AM
 #286

Where can I follow the news of this project?
i'd recommend subscribing to their medium account
could you help with the link?
sure: https://medium.com/@INLOCK
maryjanewatson
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August 31, 2018, 08:30:03 AM
 #287

thanks. Appreciate it!
Incomelocker (OP)
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August 31, 2018, 08:39:17 AM
 #288

So glad I found this project. I've been in finance my whole life, and I love that flexible loans will finally be given in a smart, technological way
Totally agree. Who told you about this project?
A friend of mine. You following it for long?
not really, i first learned about it in venturebeat on the 1st of August. Subscribed to there social sites and waiting for the sale to start)
Nice. It's the best time to invest
For sure!

We're happy you've found us, join our Telegram for news Smiley https://t.me/inlock
RecoveryMan
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August 31, 2018, 08:44:35 AM
 #289

no problem!
Incomelocker (OP)
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August 31, 2018, 08:46:15 AM
 #290

The team is one of the reasons why investors are attracted to this project, it is not just a one man team, we can see several different people all showing a lot of support for inlock When they show their support, it is done by happy people rather than workers just paid a wage. This shows that the project is genuine and will be pushed forward by a great team of professionals
Team is experienced and I love it. They really know how to make the project better, successful

Thank you for all your support. We do our best everyday for making this project succeed.
RecoveryMan
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August 31, 2018, 08:46:51 AM
 #291

there is also a blog right on their site, btw
aovu3k
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August 31, 2018, 08:48:25 AM
 #292

Is there a bounty or airdrop? The project needs to last longer than the bounty tg so many people join. Development strategy is not effective.
Hoziain
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August 31, 2018, 09:01:15 AM
 #293

Can you imagine a world where you never have to sell your cryptocurrency, but are still able to access it’s purchasing power?

Let us introduce our lending platform that provides FIAT loans using crypto as collateral. While there are a couple players already present on the market, let’s break down what differentiates us from others, and why we think there is a need for our service:
Though the basic premise stays the same (fiat loans with crypto collateral), “another” does not mean “just another”. We are all crypto holders who have been faced with the common problem: got crypto, do not want to sell, hard to spend it, need fiat, what to do? We looked at options on the market, but found nothing we would use ourselves. Some competitors are based in the US (we can’t use their services here in the EU), some have ridiculously high interest rates. What differentiates us from other lending platforms? On our platform Banks compete for you – this strong market competition ensures that the interest rates are as low as possible – after all, this is the ultimate goal of Borrowers.
That’s right, if we let lenders offer loans with varying interest rates instead of us holding a limited liquidity pool, something magical will happen. Firstly, the platform will never run out of cash to give out, and secondly, because market competition is in place, lenders will compete on interest, and as we all know, low APR% is the name of the game when it comes to lending.
Whitelist: 1st of August | Token sale 15th of September

Quick facts:

  • The INLOCK team raised more than $1.5 M in the seed (f&f) round
  • We have already partnered with Virpay, a Hungarian financial service provider. They will provide the necessary FIAT liquidity for the MVP period, furthermore there are ongoing negotiations with other market players in the EU region and we are reaching out to LATAM as well
  • We already have a working prototype, a mathematically proven token model
  • We work closely with regulators to create a proper legal infrastructure in which cryptofinance and traditional finance can prosper side by side

Telling tales about how wonderful we are is one thing, but the market’s opinion is what really matters. Here’s a quick extract of our whitepaper. If you think it’s worth reading, you can find the full document here.
Inlock is a lending platform which enables cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan, using their existing cryptocurrencies as collateral.
Lenders wishing to offer a loan can do so - with the appropriate permits - risk-free to those in need. Due to the fact that collateral can be exchanged into FIAT currency immediately, the risks involved for the lender party are almost identical to a bank deposit while earning higher interest rates. Credit transactions are established between the two parties directly, while our service as an intermediary ensures that the parameters of the agreement are formally recorded. Each of these terms are included in a smart contract, ensuring that every credit contract between the parties is irrefutable and impossible to manipulate.
Borrowers are able to set their own conditions in our system in terms of amount and duration according to their needs. In addition, the level of risk taking for exchange rate fluctuations is customizable. The process is fast and seamless and there is no need for additional credit assessment, since the borrower provides the collateral, offering rapid and flexible convertibility. Our platform enables institutions to enter new markets which have been out of their reach, or else additional costs have prevented them from entering the market as lenders.

Check out our website at: www.inlock.io for more information
We would be honored to welcome you on our official channels:
Web: www.inlock.io
Telegram: http://t.me/inlock
Twitter: http://twitter.com/inlock_token
Facebook: http://facebook.com/incomelocker/
Linkedin: http://linkedin.com/company/income-locker/
Hello. Allow me to inquire. Will you hold a bounty company?

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Pasolnaning
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August 31, 2018, 09:07:26 AM
 #294

If we count from today still there are several months to complete the crowdfunding and then rest of the work. My question is do not you think all this time is too long to compete with other businesss which are already working on the similar idea ?
FireWallece
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August 31, 2018, 09:18:38 AM
 #295

I'm actually thinking right now what to do with my BTC. so nice i wouldn't have to think about it after the launch
Ibra055
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August 31, 2018, 09:31:27 AM
 #296

How many tokens are reserved for the team?
Jorifrom
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August 31, 2018, 09:53:55 AM
 #297

How many tokens are reserved for the team?
10%, as usual, i guess
Incomelocker (OP)
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August 31, 2018, 09:59:22 AM
 #298

I'm actually thinking right now what to do with my BTC. so nice i wouldn't have to think about it after the launch
That's right, we were in the same situation ourselves last year, thinking there got to be a way of utilizing crypto without simply selling them!
Ibra055
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August 31, 2018, 10:04:21 AM
 #299

How many tokens are reserved for the team?
10%, as usual, i guess
I wouldn't say it's usual. Some projects take more
Jorifrom
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August 31, 2018, 10:17:26 AM
 #300

How many tokens are reserved for the team?
10%, as usual, i guess
I wouldn't say it's usual. Some projects take more
I guess Inlock is not greedy like other projects))
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