CRYPTOLOANS –Trade Cryptocurrency on Credit

nugezmils (2)in #blockchain • 6 years ago

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

ABOUT CRYPTOLOANS

Cryptoloans is a blockchain platform for secure lending, exchanging and trading cryptocurrency in the World. Cryptoloans will go about as a middle person between the moneylender and the borrower, solidifying the withdrawal of the cryptocurrency bought using a credit card until the point when the last payment for the advance is made. Likewise a charming reward will be the way that the moneylender will get all advance payments to his fiat wallet in our framework right away and will have the capacity to pull back assets whenever. In the event that the borrower won’t reimburse the advance payment on time, all coins will be exchange to the bank, and the borrower will be discharged from obligation, in light of the fact that the advance contract will be crossed out, and the assets paid under the advance contract will stay in the leaser’s property. We are the primary who made an answer for ensure the arrival of creditor`s stores. Individuals trust that esteem can be made and traded using money. This has been acknowledged reality for quite a long time, where individuals request money related returns as far as the administrations they offer. The economy of money is surely knew by the majority of us however the related monetary administrations are as yet obscure to the general purchasers, which gives favorable position to the go-betweens, who are outfitted with particular administrations as a byproduct of the high commission expenses.

Cryptoloans offers credits to the purchasers for acquiring cryptocurrency. It additionally offers credits on the offer of cryptocurrency. It is an aggregate cryptocurrency based budgetary environment intended to bridle the capability of the advanced cash for the general population of the world.

The key partners of the platform are borrowers, loan bosses and dealers. Every element has various advantages accessible on the platform. The greatest preferred standpoint for Borrowers is that they don’t have to pronounce their dissolvability for getting a credit. They can likewise all the while go about as a borrower and a loan specialist. Openings are perpetual for the shrewd dealers who can use the numerous devices of the platform to their own particular favorable circumstances. Least starting capital, boundless number of advances and programmed exchanging offices are just a couple of the best highlights of the platform.

CRYPTOLOANS is the solution we have been waiting for. It is a cryptocurrency platform based on blockchain technology, which provides secure lending, trading and cryptocurrency exchange services. Financial Services, such as P2P lending, trading on the market and cryptocurrency based loans are offered on the platform.

Designed for the users of today, CRYPTOLOANS fulfills the needs of the cryptocurrency users. It offers credits to the buyers for purchasing cryptocurrency. It also offers credits on the sale of cryptocurrency. It is a total cryptocurrency based financial ecosystem designed to harness the potential of the digital currency for the people of the world.
The key stakeholders of the platform are borrowers, creditors and traders. Each entity has multiple benefits available on the platform. The biggest advantage for Borrowers is that they do not need to declare their solvency for getting a loan. They can also simultaneously act as a borrower and a lender. Opportunities are endless for the smart traders who can utilize the multiple tools of the platform to their own advantages. Minimum initial capital, unlimited number of loans and automatic trading facilities are only a few of the top features of the platform.

Advantages of Cryptoloans to borrowers:

A boundless number of utilizations for the buy cryptocurrency on layaway on various terms

The likelihood of offering the bought cryptocurrency without an earlier advance repayment

The likelihood of profit on the development of the estimation of the bought cryptocurrency

The buy cryptocurrency on layaway as indicated by the terms of the credit contract

The likelihood of offering cryptocurrency on layaway which acquired using a loan 100% likelihood of getting an advance on the bank’s terms

Possibility to be a borrower and a bank all the while

Full secrecy for all clients of the platform

A boundless number of credits got Independent decision of the advance term

Favorable circumstances of the Cryptoloans platform

The likelihood of theoretical purchasing the cryptocurrency in a volume that surpasses the dealer’s own particular supports in a few times

The likelihood of dissecting the historical backdrop of statements combined with the historical backdrop of player’s assessments and their positions

The likelihood to endure a time of low costs without losing reserves

The likelihood to see the suppositions of players

Simple enrollment method

The straightforwardness of exchanges

Minimum start-up capital

TOKEN AND ICO DETAILS

The total number of tokens that will be generated is 10,000,000.

The ICO period ends on 27th June, 2018.

The current exchange rate is 300 LCN/ETH.

The soft cap has been set at 1300 ETH and the hard cap has been set at 1800 ETH.

Token Sale Details

Start : 27 March, 15:00

Soft Cap : 850 ETH

Hard Cap : 1000 ETH

Token : LCN

Exchange Rate : 1 ETH = 300 LCN

Protocol : ERC20

First Token Sale : 6%

Main Token Sale : 58%

Final Token Sale : 15.39%

Reserve Fund : 10.11%

Bounty : 10%

The LCN token is the altcoin of the Cryptoloans platform.

It has 3 main purposes :

Paying for commissions on the platform
Buying/selling the tokens from/to other users
Receiving and issuing loans

ROADMAP AND DEVELOPMENT PESPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.