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Description

Description


INLOCK is a lending platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan, using their existing cryptocurrencies as collateral. The credit transactions are established between the two parties directly. INLOCK merely acts as intermediary to record the terms of the agreement. These terms are established in a smart contract, making every credit contract between parties immutable and impossible to manipulate. Inlock (ILK) is an ethereum-based token that will be used when creating a lending contract.

Full Name Inlock (ILK)
Start Date 1901-12-13
Algorithm N/A
Proof Type N/A
Website https://ico.inlock.io/
Twitter @inlock_token
Facebook https://www.facebook.com/incomelocker/
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


INLOCK is a lending platform that enables cryptocurrency holders to manage short-term liquidity problems by taking a loan, using their existing cryptocurrencies as collateral. The credit transactions are established between the two parties directly. INLOCK merely acts as intermediary to record the terms of the agreement. These terms are established in a smart contract, making every credit contract between parties immutable and impossible to manipulate. Inlock (ILK) is an ethereum-based token that will be used when creating a lending contract.

Team:

  • Csaba Csabai: Co-founder, CEO.
  • Peter Gergő: Co-founder, CMO.
  • Benedict Bánáthy: CSO.
  • dr. György CsehCOO. 

Inlock will be holding its ICO on September 15, 2018. The ICO token supply represents 75% of the total token supply, so there will be a total of 330000000 tokens available, for 0.01 USD each at the offering. The ICO funding target is 15000000 USD, the funding cap is 27500000 USD and is expected to end on October 12, 2018 or when the funding cap is reached.

Token Reserve Split (25%):

  • 10% Founders and Team;
  • 10% Advisors;
  • 5% Reserved for Marketing;

The Inlock ICO campaign will feature a bonus campaign, and the token will not be mineable.

Bonus Structure:

  • 17% Sept 15 – Sept 21
  • 12% Sept 22 – Sept 28
  • 9% Sept 29 – Oct 5
  • 2% Oct 6 – Oct 12
ICO Status Upcoming
Token Supply 440000000
Start Date 2018-09-15
End Date 2018-10-12
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.01
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://ico.inlock.io/#
White Paper https://ico.inlock.io/wp-content/uploads/2018/07/Whitepaper_V1.07.pdf