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TokenLend

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Investment

Overview

TokenLend project is developing a platform for P2P lending, as well as a secondary market for loans with the use of cryptocurrency and blockchain technologies.

Features

TokenLend project is developing a blockchain-powered loan platform that will provide a set of tools for potential investors and loan originators. TokenLend aims to make the lending process easier to use it without the bureaucracy of traditional banking services.

TokenLend platform will be using Ethereum distributed ledger, so every object will be represented as a smart contract, and every operation will be a token transaction. TokenLend is introducing its own tokens (TLN) of an ERC20 standard.

TLN tokens are a digital representation of the right to a membership on the TokenLend platform. TLN holders can invest the desired amount of funds from their account into any of the available loans listed on the Tokenlend platform and receive income like regular platform users. TLN tokens will also be tradeable outside of the Tokenlend platform.

TokenLend platform will have three main components:

  1. Loan Marketplace — the primary p2p lending market where borrowers are businesses, and lenders (investors) are platform users.
  2. Loan Participation Note (LPN) market — a secondary market for p2p lending where users can trade ongoing investments for immediate liquidity.
  3. Payment gateway — a service that enables users to deposit and withdraw funds from the platform.

Crowdsale

Pre-sale
Pre-sale start date 01 Mar 2018
Pre-sale end date 11 Mar 2018
Token Sale
ICO start date 26 Mar 2018
ICO end date 10 May 2018
ICO token supply 93,750,000
Soft cap 5,000 ETH
Hard cap size 29,668,000 USD (fiat)
Raised 1,076,843 USD
Legal
Country Limitations United States
Token details
Ticker TLN
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Bonus Program

Tier 1: 0 >= 3000 ETH — 10% bonus tokens

Tier 2: 3000 >= 9000 ETH — 7% bonus tokens

Tier 3: 9000 >= 21000 ETH — 5% bonus tokens

Tier 4: 21000 >= 45000 ETH — 3% bonus tokens

Token distribution

7% - pre-sale

75% - ICO

3% - advisory

14% - team

1% - bounty

Funds allocation

70% - core development

18.6% - marketing and PR

7.0% - legal

2.6% - consulting

1.8% - office expenses

Ratings

Type of ratings
Rating
Status
Details
Investment Stable Expired Arrow Report

Team members

Name
Position
Score
Social
Chief Marketing Officer
NA
Chief Executive Officer
NA
Chief Communications Officer
NA
Chief Technical Officer
NA

Advisors

Name
Position
Score
Social
CEO & Co-Founder at StarWind Inc., USA
NA
CEO & Founder at SearchInform, Russia
NA
CEO & Founder at Money Express Credit, Latvia
NA
CVO at MONEY EXPRESS, Estonia
NA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
NA Overdue NA NA NA

Rating Review and Analytics

Investment rating Info Stable
Hype score Info Low
Risk score Info Medium

Post-ICO

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TokenLend ICO Contacts
More on ICO

Ended

$1,076,843 Of $29,668,000 (4%)

Start ICO 26 Mar 2018
End ICO 10 May 2018
Token TLN
Price 1 TLN = 0.194456 USD
Product Type Platform
Country Limitations United States
Whitepaper View
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