TOKENLEND
Many people believe that investment properties are an important part of a diverse portfolio. With appropriate planning and attention, these investments can be valuable assets that generate profits or provide a stable income.
There are several ways to get into the property investment field. Each has its own features. namely as follows:
- Determine whether Real Estate Investment Fund is right for you
- Learn about the different types of Real Estate Investment Funds
- Perform analysis in buying Real Estate Investment Fund
- Purchase shares of Real Estate Investment Fund
- Join to TOKENLEND
Just by joining TOKENLEND you will find many new things in developing your investment business a reality.
Tokenlend is a platform of Cryptocurrency that lets the customers to trade and invest their money through real estate secured loans. This platform enables all people from various countries to join since the conventional currencies feature provided to be exchanged are numerous also. More than that, it offers you the earning of competitive interest rates to ease the process and give chances for more profits in the future
WHAT IS TOKENLEND?
Loan Portfolio
Tokenlend platform will be released with pre-arranged list of secured loans from trusted EU loan originators, and user-friendly interface for our future partners. At the first stage we will accept only mortgage loans with the most trustworthy real estate properties as a pledge. It will allow to achieve best risk/income value for our users.
Secondary Market
Tokenlend will have a Loan Participation Note (LPN) market (i.e. “Secondary Market”) where users can trade ongoing investments for immediate liquidity.
Decentralized Architecture
Platform's business logic will utilize all benefits of blockchain technology by using Ethereum distributed ledger. Representing every object as a smart-contract and performing all operations as token transactions between Ethereum addresses will help to achieve outstanding stability, integrity and invulnerability of system data.
HOW IT WORKS
The loan originator adds a new loan to the system via the Dashboard. After the loan details are validated and successfully verified by platform personnel, the loan smart contract is created and published onto the platform.
Token holders purchase Loan Participation Notes (LPN) for a particular loan by transferring a desired amount of TLN to the loan address. Regular users purchase LPNs with EUR from Account Page of Tokenlend user iterface. The loan smart contract then generates the LPN contract with a principal value equating to the amount of TLN transferred by the token holder (or EUR - by regular user) as well as a personal repayment schedule based on the creation timestamp of the LPNs and loan terms.
The LPNs are linked to the token holder's ERC20 wallet address as the beneficiary of the loan principal payments. The total amount of TLN received from token holders are transferred and locked at the Loan Originator’s smart contract as a part of the loan principal. Euros are deposited to the Loan Originator's account.
In accordance with the loan smart contract schedule, the loan originator sends interest payments and principal repayments (if applicable) in EUR to the platform, thus unlocking part of TLNs.
After performing the last transaction by the loan originator, the LPN contract closes the repayment schedule and sends the remaining TLN principal to the associated token holder's account.
The loan is then considered closed, the wallet address association is removed and the loan smart contract is considered fully executed.
Token Information
There is ICO (Initial Coin Offering) campaign in which Tokenland will offer Lend Coin Tokens or TLN for sale. What are TLN tokens? They are the official and exclusive tokens to be given as the membership of Tokendland.
In details, there are numbers of tokens to be used during the transactions in this platform as follows;
Total supply is 130.411.585 TLN
ICO supply is 93.750.000 TLN
Token price is 1 ETH or 2.500 TLN
Tokenlend ICO 1 TLN = 0.00036 ETH
Soft cape is 5.000 ETH
Hard cap is 41.000 ETH
Bonuses
Tier 1: 0 >= 1000 ETH - 10% bonus tokens
Tier 2: 1000 >= 3000 ETH - 7% bonus tokens
Tier 3: 3000 >= 9000 ETH - 5% bonus tokens
Tier 4: 9000 >= 21000 ETH - 3% bonus tokens
TLN Token
During the Initial Coin Offering (ICO) campaign, Tokenlend will offer Lend Coin (TLN) tokens for sale. TLN tokens are a digital representation of the right to an exclusive membership on the Tokenlend platform. TLN holders have a ability to invest the desired amount of funds from their account into any of the available loans listed on the Tokenlend platform. The account balance on the platform represents the number of TLN tokens stored in the Ethereum wallet of the member’s Tokenlend account at any given time.
TLN tokens will be tradeable outside of the Tokenlend platform. Since they are ERC-20 tokens, they will have an inherent value on exchanges.
Tokens created during the ICO campaign will provide two types of income for its holders. Token holders will be able to use TLN to invest in any loan listed on the platform and receive income like regular platform users. Also, holders of TLN tokens will receive a share of company’s profits in Ether every quarter directly on ERC20 wallet, which will contain tokens at the time of payment.
TOKEN DISTRIBUTION CHART
During the crowdsale, TLN tokens will be minted by the TLN smart contract. Total amount of tokens will be distributed in the following manner
1. PRE-SALE
Of all tokens will be sold during the pre-sale. All pre-sale participants will not only have an opportunity to purchase TLN tokens at special discounts, but will also have the exclusive right to participate in the platform’s beta testing phase and receive investment profits before any other token holders.
2. ICO
Of tokens will be distributed during the ICO. All unsold tokens will be burned.
3. ADVISORY
Of tokens will be granted to our legal and advisory team for their contribution. These tokens will be locked* for a 12 month period.
4. TEAM
of tokens will be allocated to the Tokenlend founders and core team. 50% of these tokens will be locked* for a 24 month period, and remaining 50% will be locked* for 48 months.
5. BOUNTY
of tokens will be allocated for various bounty activities.
*“Locking” means that tokens will not be immediately tradable and will not be used for purchasing LPNs within the platform.
Core Budget
The core budget required to deliver the Tokenlend Platform to token holders and end-users on time and in accordance with the roadmap, has been calculated. These funds will cover development and deployment of Tokenlend platform covering all stages, from the very first sketches to the public launch.
Total amount of funds to be allocated is - 800 ETH.
The budgeted funds will be withdrawn in full prior to starting the development. They will be distributed amongst various departments and activities in the following manner:
CORE DEVELOPMENT:
The entire development process of the Tokenlend platform and its proprietary features.
MARKETING AND PR:
The strategic process of attracting investors and loan originators to the platform in order to generate revenue.
LEGAL:
Most of the legal funds will go towards developing a strong legal framework for the Tokenlend business structure, the remainder will to towards accounting and administration activities.
CONSULTING:
For the future consulting services of SMEs. In particular, business domains to gather requirements for the development of new platform features.
OFFICE EXPENSES:
Rental, utility and other costs.
Summary
# . Participants willing to contribute to the development of Tokenlend platform can do so by sending Ether to the token sale smart-contract.
# . Contributors purchase TLN tokens at the base rate of 0.0004 ETH for 1 TLN
# . The pre-sale will start on the 1st of March 2018 and run for 11 days and will be capped at 3 500 ETH with a minimum contribution of 1 ETH
# . The sale will begin on the 26th of March 2018
# . The contribution period will run for 45 days
# . During the ICO, there will be soft cap of 5 000 ETH and a hard cap of 41 000 ETH
# . All unsold tokens will be burned
# . TLN tokens received by contributors will be transferable 7 days after the end of Initial Coin Offering campaign
THE TEAM
Dreams or expectations do not come true if just keep silent and do not make changes, by joining TOKENLEND, try to find a profitable way of investing here, to know more things, you can contact the team by going to the link below: