TokenLend - Decentralized Lending Platform.

What is Tokenlend?

Tokenlend strives to help users worldwide benefit by lending funds with less risk and hassles. We believe that by using blockchain technology, we can make lending process easier and cheaper to use without the traditional banking service bureaucracy.

Traditional banking products and services are very old and sluggish because of all the bureaucracy and terms of the required documents. In the world of transcontinental currency transfers, decentralized databases and smartcontract , people are still limited by their geographic location and residence. Different legislation, currency and complicated taxes make business activities more complicated than they should and may be. The lack of integration between financial services forces people to deal with many intermediary institutions with their own verification policies, costs and restrictions. This can change seemingly simple operations to be complicated.

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. Users purchase Loan Participation Notes (LPN) for a particular loan by transferring a desired amount of TLN to the loan address. The loan smart contract then generates the LPN contract with a principal value equating to the amount of TLN transferred by the 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 user’s ETH wallet address as the beneficiary of the interest payments. The total amount of TLN received from all users are transferred to the Loan Originator’s account as the loan principal.

4. In accordance with the loan smart contract schedule, the loan originator sends interest payments and principal repayments (if applicable) total to the platform.

5. After performing the last transaction by the loan originator, the LPN contract closes the repayment schedule and sends the interest along with the remaining TLN principal to the associated account.

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

Roadmap

The solution

The idea for TokenLend comes from the peak of our investment experience and our extensive experience in software development. Our goal is to build a reliable and reliable ecosystem that provides a complete funding loan for all parties involved. TokenLend will give people around the world the ability to invest in real estate loans using a variety of crypto and fiat currencies. Our platform will remove the uncertainty facing small investors by helping them build secure loan-based investment portfolios that provide competitive, predictable and consistent rates of return. The platform will contain a carefully selected list of carefully selected loans and pre-checks available for investment. TokenLend will only receive loans from trusted EU loan originators. The presence of a legal entity as a counter party allows us to take the necessary action in advance to receive timely payments by the lender and reduce the risk of default. TokenLend personnel will re-validate information received by the lender, including personal data of the borrower, appointment information, appraisal and LTV ratios.

Loans will only be listed on the platform if they meet TokenLend strict loan selection criteria.

TLN Token

In the Initial Coin Offering (ICO) campaign, TokenLend will offer a Lend Coin token (TLN) for sale. The TLN Token is a digital representation of the rights to exclusive membership on the TokenLend platform. TLN holders have the ability to invest the desired amount of funds from their accounts into every available loan listed on the TokenLend P2P platform. The account balance on the platform represents the number of TLN tokens stored in the Etherealum of a member TokenLend account at any given time. The TLN token will be traded outside the TokenLend platform. Since they are the ERC-20 tokens, they will have an inherent value on the exchange. Tokens purchased during ICO campaigns will provide two types of revenue for holders. Token holders can use TLN to invest in registered loans on the platform and receive revenue like other platform users. However, only ICO participants will receive a regular revenue share from platform operations. The TLN token holder is guaranteed a share of the company's profits. The distribution size will be determined by the proportion of tokens associated with each member's account on the date of payment.

The LPN market will allow users to trade LPN with each other, this is only available to registered users. Users are not required to sell at the original cost of LPN, they can send orders for a certain LPN according to the desired price at TLN.

Users can also add comments and details about LPN to be sold. All transactions will be done by sending TLN from one address to another. LPNs will be considered to be sold once the TLN transaction is confirmed by the Ethereum network and at which time the LPN owner changes automatically.

ICO

Before crowdsale begins, the TLN token will be printed by TLN's smart contract. The total number of tokens will be distributed in the following ways:

Pre-sale

7% of all tokens will be sold during pre-sale. All pre-sale participants not only have the opportunity to purchase a TLN token with a special discount, but also have exclusive rights to participate in the beta platform testing stage and receive investment benefits before other token holders.

ICO

- 75% token will be distributed during ICO. All unsold tokens will be burned.

Advisor

3% of tokens will be given to our legal and advisory teams for their contributions. This token will be locked * for a 12 month period.

Team

14% token will be allocated to the TokenLend founder and team core. 50% of these tokens will be locked * for a period of 24 months, and the remaining 50% will be locked * for 48 months.

Token Sales Details

* Participants willing to contribute to TokenLend platform development can do so using the crypto method and other payment methods listed on the Website.

* Number of tokens: 473.466.667 TLN

* Contributors receive a TLN token at a rate of 2,500 TLN per ET

* Contributors will receive token bonuses during pre-sales and crowdsale as described below.

* Sales will begin on March 26, 2018

* The contribution period will run for 45 days

* Pre-sale will start on March 1, 2018 and maturity is 11 days and will close at 11,047 ETH with minimum contribution of 1 ET

* During the sale of the ICO tokens, there will be a soft cover of 20,000 ETH and a hard cap of 140,000 ET.

* All unsold tokens will be burned

* TLN Token received by contributor will be transferable 7 days after the end of the Initial Coins Bid Offer.

Team Tokenland

Sergei Naiden - CEO

Robert Morris University, USA:

Master of Science, Banking, Corporate, Finance and Securities Law.

Series entrepreneurs with 25+ years experience in managing large companies and 10+ years of experience in the ownership and management of international IT companies. The world's leading developer and vendor of software products; Daemon Tools

Ivan Kovtun - COO

Business analyst and product manager with 10 years experience in managing international business operations and 5 years experience in software product ownership and project management.

Vitaliy Russkih - CTO

Senior developer with 12 years experience in developing complex system and 10 years experience in management software team.

Alexandr Petrov - Blockchain Architect / Lead Developer

Senior developer with more than 12 years' experience in designing and implementing enterprise-class solutions including development of kernel drivers and embedded system development. 3+ years experience in designing blockchain solutions for IoT and FinTech.

Maria Viter - CMO

Industry professional with more than 8 years experience in marketing software products and 5+ years experience in business development from DAEMON Tools product line.