The blockchain-powered P2P lending platform
TokenLend will give anyone across the globe the ability to invest in real estate secured loans using various crypto and fiat currencies.
Our platform will remove the uncertainties which small investors normally face by helping them build a secured loan based investment portfolio that delivers a competitive, predictable and consistent return.
WHO WE ARE:
10+ YEARS IN BUSINESS | 100+ MILLIONS OF USERS WORLDWIDE | 10+ SUCCESSFUL PRODUCTS
TokenLend is being 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.
WHAT WE OFFER:
HOW IT WORKS:
On average, loan originators in EU offer real estate secured loans to borrowers with a 10-14% interest rate. At the same time they are open to accept funds from any available sources with a 5-8% interest rate. This is where TokenLend can come in and securely connect both parties.
As a result, platform users have an accessible source of investment opportunities and loan originators have access to affordable funds.
The TokenLend business model will provide flexible pricing for both loan originators and common investors. The exact fees will be determined for each individual loan originator based on their health and value of loan portfolio existing on the platform.
A “sale fee” will be charged to investors for the successful sale of LPNs to other investors on the TokenLend platform. This fee will apply to both common P2P platform investors and token holders.
A withdrawal fee will also be applied for every transaction in fiat currency.
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 P2P 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.
Tokens purchased during the ICO campaign will provide two types of income for holders. Token holders can use TLN to invest in any loan listed on the platform and receive income like any other platform user. However, only ICO participants will receive a regular share of the income from the platform’s operation. Holders of TLN token are guaranteed to receive a share of the company’s profits. The distribution size will be determined by the proportion of tokens associated to each member’s account on the date of the payment.
TLN tokens will be tradeable outside of the TokenLend platform. Since they are ERC-20 tokens, they will have an inherent value on exchanges.
TOKEN SALE SUMMARY:
*“Locking” means that tokens will not be immediately tradable and will not be used for purchasing LPNs within the platform.