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

[DomenicEth]

Will you start your ICO and if yes - then when?

Officially ICO will start in 11 days, there is a special time timer on the website.

[1714999198]

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[1714999198]

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[1714999198]

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[davychto78]

Hello community, what is the project about?

[Incomelocker]

Due to the nature of utility-token-style ecosystems, all issued ILK tokens have a fixed price of $1=100 ILK during every token sale period. We use a reward model which benefits early supporters of the INLOCK Platform throughout the multi-step token sale.

You mean there will be no promotions or discounts during ICO? It's a strange move, let's see how it all ends.

Here you can check our INLOCK TIMELINE DISCOUNT: https://loan.inlock.io/#roadmap

[Incomelocker]

Good afternoon, I would like to know if you have a development plan for the next few years. After all, the lending niche should be calculated for many years.

You can check out our technology and business roadmap here: https://loan.inlock.io/#roadmap

[MaratHuendo]

I really like how the UNLOCK is designed, the white paper and the road map looks very serious. I look forward to the start of token sales.

[cubonho2k]

Loans? what percentage of interest? I find this project looks good suited to people with large investment liver who are borrowing to participate in many small investment projects. I think you should market the loans to more people especially those who need help from the lenders. When will this project start?

[Incomelocker]

Hello everyone. Just unterested, whether there is minimum limit on deposit or no? And maximum

Yes, the limitation by the platform is that the minimum collateral is:
BTC: 0.05 -50
ETH: 0.5 – 500
LTC: 2 – 2000
BCH: 0.3 – 400
respectively.

[davychto78]

Hello community, what is the project about?

Inlock is a lending platform enabling cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral

And is it difficult to use it? I mean the whole process

[Incomelocker]

And do they use blockchain?

Yes

and why they decided to use it, don't you know?

I am also interested

The INLOCK platform prepares a smart contract to record the legal relationship between
parties which is then digitally signed by INLOCK and 3 independent actors, giving them
certain rights. The actors are the Borrower, the Lender and Collateral Manager, who handles
the collateralforthe entire duration ofthe loan.
Thanks to the decentralized Blockchain, the uninterrupted operation of the smart contract is
ensured throughout the loan duration without any intervention being necessary from
INLOCK. Furthermore, smart contracts running on the Blockchain contain trustless evidence
and tasks which guarantee the integrity of all actors.

[Incomelocker]

Guys, help me understand the mechanism of this platform, why I can't just sell my cryptocurrency and get Fiat money, the sense to take out a loan if I have to leave my crypto assets as collateral?

What we do is enabling cryptocurrency holders to access the purchasing power of their assets without selling them.

When we examined the market we managed to identify the problems which lending platforms face:
- Lack of regulatory compliance (this makes them struggle for business development)
- Limited FIAT liquidity (in our business model we bring in institutional lenders from the regions we enter in order to be not limited by it)
- High interest rates (on our platform banks compete for borrowers, and this market competition ensures fair percentages for our borrowers)

[tonyhawk909]

Hello community, what is the project about?

Inlock is a lending platform enabling cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral

And is it difficult to use it? I mean the whole process

No! The process is fast and seamless as it eliminates the need for additional credit checks since the borrower provides collateral, which offers rapid and flexible convertibility.

[TimurBit]

Hello everyone. Just unterested, whether there is minimum limit on deposit or no? And maximum

Yes, the limitation by the platform is that the minimum collateral is:
BTC: 0.05 -50
ETH: 0.5 – 500
LTC: 2 – 2000
BCH: 0.3 – 400
respectively.

Ie it turns out that roughly, the loan will begin from$ 150, it can be called microcredit.

[saaayyyeeel]

I believe that this project will bring new phase to the crypto lending industry, even if somebody said that Bitconnect has brought some bad impression to the lending crypto platform, i think it's time to try a new one that will prove that still, there's a hope within this space.

[EMSbitKHAN]

Thanks for info, I was also interested

[saaayyyeeel]

If this project succeeded and adopted by many investors and crypto enthusiasts, Banks will not be needed and we will be able to make lending transactions free from those third party and middleman that charge us with high fees and any other charges.

[tonyhawk909]

Thanks for info, I was also interested

Always ready to help

[Squezzy]

Hello everyone. Just unterested, whether there is minimum limit on deposit or no? And maximum

Yes, the limitation by the platform is that the minimum collateral is:
BTC: 0.05 -50
ETH: 0.5 – 500
LTC: 2 – 2000
BCH: 0.3 – 400
respectively.

Ie it turns out that roughly, the loan will begin from$ 150, it can be called microcredit.

Yes, but if you go to organizations that are just engaged in microcredit, then you have to pay a wild interest rate.

[davychto78]

Thanks for info, I was also interested

Always ready to help

And what is 1 token price?

[tonyhawk909]

Thanks for info, I was also interested

Always ready to help

And what is 1 token price?

It is $1 for 100 ILK

[Plenamola]

Thanks for info, I was also interested

Always ready to help

And what is 1 token price?

It is $1 for 100 ILK

And how much tokens for public sale?