[ANN] [ILK] INLOCK - Loans with Crypto Collateral - Lenders Compete for You

[Chukwukadibia.Fes]

Good evening, everybody! a very interesting idea I think with the allocation of funds on each item quite a lot, the sale of coins also offers many bonuses, I also see this idea developed a bounty program, where I can see the thread about bounty?

[CroatiaGoGo]

As far as I know, only the countries listed on the FATF blacklist are excluded from their system by default. This list exists since 2000 and its purpose is to fight global money laundering and terrorism. In addition to this restriction every client must respect their own country’s regulations.

Seems reasonable, thank you

[sshiddiq67]

What is the point of taking a loan secured by crypto assets, if you can just sell them at any time and get cash?

it's a simple but good question friend.
I think INLOCK platform offers another alternative to our assets with their loan services. I think it's good and the mechanism is almost the same as traditional banks.

[Aladinbest001]

As far as I know, only the countries listed on the FATF blacklist are excluded from their system by default. This list exists since 2000 and its purpose is to fight global money laundering and terrorism. In addition to this restriction every client must respect their own country’s regulations.

Thanks a lot mate

[CroatiaGoGo]

And will we need to pass some KYC or so?

[EMSbitKHAN]

And will we need to pass some KYC or so?

Yep, you have to do that

[SaprikMazhik]

And will we need to pass some KYC or so?

In accordance with global anti-terrorism and anti-money laundering regulations, all customers must be verified by their government issued photo ID prior to using any of our services. This typically takes a few hours to complete, depending on the workload of their KYC partner. Upon completing the registration, customers can also setup 2-factor authentication for additional security

[CroatiaGoGo]

And will we need to pass some KYC or so?

In accordance with global anti-terrorism and anti-money laundering regulations, all customers must be verified by their government issued photo ID prior to using any of our services. This typically takes a few hours to complete, depending on the workload of their KYC partner. Upon completing the registration, customers can also setup 2-factor authentication for additional security

Noted, thanks a lot. Believe passing KYC won't take long

[Allexmdd]

And will we need to pass some KYC or so?

The KYC procedure must be passed by all project participants, both investors and future creditors - this is the main condition of the project.

[SaprikMazhik]

And will we need to pass some KYC or so?

In accordance with global anti-terrorism and anti-money laundering regulations, all customers must be verified by their government issued photo ID prior to using any of our services. This typically takes a few hours to complete, depending on the workload of their KYC partner. Upon completing the registration, customers can also setup 2-factor authentication for additional security

Noted, thanks a lot. Believe passing KYC won't take long

It shouldn't, just follow the steps carefully

[KlounBit5]

And will we need to pass some KYC or so?

The KYC procedure must be passed by all project participants, both investors and future creditors - this is the main condition of the project.

Go through the KYC procedure is very simple, provided scans of their documents and everything is very easy, I do not understand why many are afraid of this procedure.

[Bokugo]

And will we need to pass some KYC or so?

In accordance with global anti-terrorism and anti-money laundering regulations, all customers must be verified by their government issued photo ID prior to using any of our services. This typically takes a few hours to complete, depending on the workload of their KYC partner. Upon completing the registration, customers can also setup 2-factor authentication for additional security

Noted, thanks a lot. Believe passing KYC won't take long

It shouldn't, just follow the steps carefully

We resort to mathematics and calculate, from today there are still a few months to complete crowdfunding, and then the rest of the work. You do not think it is very long process, because competitors do not sleep.

[RecoveryMan]

What I really love is that the interest rate is based on market competition to be as low as possible

[Faust91]

I sincerely hope that the team and administration are interested in developing and providing users with as much information as possible. It should wait a bit, the project definitely deserves attention!!

[EMSbitKHAN]

What I really love is that the interest rate is based on market competition to be as low as possible

Oh really? This might be a great feature

[NeZoX]

What I really love is that the interest rate is based on market competition to be as low as possible

The interest rate is not regulated by the market, it will depend on the contract between the borrower and the lender.

[RecoveryMan]

What I really love is that the interest rate is based on market competition to be as low as possible

Oh really? This might be a great feature

Yeah

[TimurBit]

What I really love is that the interest rate is based on market competition to be as low as possible

The interest rate is not regulated by the market, it will depend on the contract between the borrower and the lender.

I have heard that the borrower will have the opportunity to put forward their loan terms, such as interest rates and loan terms.

[rokunichi]

A very good idea with very detail descriptions and definitions, I do think the idea will come to real life so that helping people closer to blockchain techonology

[Jason-Schmidt]

The business is still new and we can still expect more new updates and developments from the team. But they should be more active so that possible serious investors will join the idea.