TokenLend will give the ability to invest in real estate secured loans using various crypto and fiat currencies.
Tokenlend will have a Loan Participation Note (LPN) market (i.e. “Secondary Market”) where users can trade ongoing investments for immediate liquidity.
TokenLend platform will provide a set of tools for potential investors and loan originators. TLN tokens are a digital representation of the right to an exclusive membership on the TokenLend platform. Users of TokenLend platform purchase account on the platform receives TLN and sends the LPNs back simultaneously. Platform's business logic will utilize all benefits of blockchain technology by using Ethereum distributed ledger. TLN tokens will be tradeable outside of the TokenLend platform.
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
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