Tokenlend will offer to anyone from any part of the world a possibility to invest in real estate secured loans and earn competitive interest rates on various crypto assets nominated in EUR value.

Tokenlend will offer to anyone from any part of the world a possibility to invest in real estate secured loans and earn competitive interest rates on various crypto assets nominated in EUR value.

Any part of the world a possibility to invest in real estate secured loans and earn competitive interest rates on various crypto assets nominated in EUR value.

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.

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

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. The loan is then considered closed, the wallet address association is removed and the loan smart contract is considered fully executed.

TOKEN SALE DETAILS

• Total supply: 130 411 585 TLN
• ICO supply: 93 750 000 TLN
• Token price: 1 ETH = 2 500 TLN
• Soft cap is: 5 000 ETH
• Hard cap is: 41 000 ETH

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.

LendCoin (TLN) token sale is performed by DT SOFT Ltd — a company organized and existing under the laws of Belize, and subject to the Tokenlend Sale Terms

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:

7% 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.

75% 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.

14% 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.

1% BOUNTY : of tokens will be allocated
for various bounty activities.

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

70% CORE DEVELOPMENT: The entire development process of the Tokenlend platform and its proprietary features.

18.6% MARKETING AND PR: The strategic process of attracting investors and loan originators to the platform in order to generate revenue.

7.0% 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.

2.6% CONSULTING : For the future consulting services of SMEs. In particular, business domains to gather requirements for the development of new platform features.

1.8% OFFICE EXPENSES : Rental, utility and other costs.

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

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

WHO WE ARE?

Tokenlend is created by the team of developers, inspired by one dream. Having more than 15 years of software development experience, with portfolio full of world famous products like DAEMON Tools, we believe that we have more than enough resources and will to deliver the world’s best service for people.

10+

YEARS IN BUSINESS

100+ millions

USERS WORLDWIDE

10+

LAUNCHED PRODUCTS

IVAN KOVTUN

CHIEF OPERATING OFFICER

SERGEI NAIDEN

CHIEF EXECUTIVE OFFICER

VITALIY RUSSKIH

CHIEF TECHNICAL OFFICER

ALEKSANDR PETROV

BLOCKCHAIN ARCHITECT

MARIA VITER

BUSINESS DEVELOPMENT OFFICER

TANYA CHUH

CHIEF COMMUNITY OFFICER

ADVISORS

• LEO MATVEEVCEO & Founder at SearchInform, Russia
• Leo started his business from scratch and built an efficient information security company. Moreover, he developed and patented the technologies used by the business. Today Searchinform operates in Europe, Russia and the CIS, Latin America and the Middle East. SearchInform software protects the data of more than 2,000 customers and more than 1,000,000 PCs worldwide. Leo Matveev’s experience in the field of information security, business development and team building will undoubtedly help our project avoid many pitfalls and reach its goals most effectively.

• MAKSIMS MATULEVICSCEO & Founder at Money Express Credit, Latvia
• Talented entrepreneur and skilled investor, Maksims has a extensive experience in the European loan market. His effective management skills and inexhaustible energy brought MEC to success. Maksims’ deep knowledge of background processes and EU legislation coupled with his sincere desire to help us, makes his advice priceless.

• NIKOLAJS TIMOFEJEVSCVO at Money Express, Estonia
• Nikolajs is an experienced specialist in the development of products and services for the financial market. Under his guidance, Money Express Estonia has developed and launched many unique products that customers have embraced. His invaluable experience in promoting financial products is indispensable to the project.

• ANTON KOLOMYEYTSEVCEO & Co-Founder at StarWind Inc., USA
• Developer, Architect, Visionary, Owner of world famous IT company, Anton can most definitely be called a “self-made man”. His contribution into the development of data storage technologies is priceless. He has also built a successful enterprise-oriented business and is in strong partnership with companies like Microsoft, VMWare, Citrix and Veeam. Anton’s advice regarding business relations, technology and data security will surely help us on the road to success.

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By Bitcointalk : Alfagih