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INLOCK

ICO has 54 days left
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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.
9.4
TOTAL SCORE
9.6
ICO PROFILE

(weight: 35%)

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SOCIAL ACTIVITY

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TEAM PROOF

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WEBSITE

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General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 15 Sept 2018 - 12 Dec 2018
Whitelist/KYC: Whitelist + KYC
Country: Estonia
Token info
Ticker: ILK
Platform: Ethereum
Token Type: ERC20
Total supply: 4,400,000,000 ILK
Financial
ICO Price: 1 USD = 100 ILK
Accepting: BTC, BCH, ETH, LTC
Soft cap: 15,000,000 USD
Hard cap: 27,500,000 USD
Bonuses: Sept 15 - Sept 21 | Bonus: 17%
Sept 22 - Oct 12 | Bonus: 12%
Oct 12 - Nov 12 | Bonus: 9%
Nov 12 - Dec 12 | Bonus: 2%

Alexa Rank

Q4/2018
Coverage resupply option;

Portfolio contracts: store a combination of cryptocurrencies within one contract to mitigate short term price fluctuations). Portfolio contracts could contain 'stable coins' to further mitigate the risks of contract termination in case of margin call;

Multilingual support for: Japanese, Chinese, South Korean.
Q1/2019
Mobile app development for IOS and Android in order to provide our users access to their balance and contract management options from their mobile devices, including lending with full functionality;

Adding new functionalities for portfolio contract termination options: drop order, smart drop order;

Implementing the layer-2 payments channels (ex.: lightning network) rental service.
Adding the exchange module which allows users to near-instant swap between cryptocurrencies;

Introducing the fee market: essentially the fee market allows potential borrowers to increase the motivation of finding a lending partner for their contract proposition sooner;

Adding the next pool of cryptocurrencies: IOTA+ 2 additional based on customer demand;

Advanced contract details to provide credit rating for lenders to help evaluate loan requests. (contract termination likelihood and historical performance of the Borrower);

API release for automatic contract offer creation for lenders;

Multilingual support for: Spanish, Russian, German.
Q4/2019
Introducing credit swap; a second level market where the lender community will be able to exchange running contracts;

Prediction AI to predict the termination overhead dynamically to assist platform users in selecting potentially safe margin call points;

Adding the next pool of cryptocurrencies: ZCASH+ 2 additional based on customer demand;

Multilingual support for additional languages.
Q1/2020
Adding the lightning network module: in practice this means that if the user has any free assets available within the balance the

user will be earning passive income constantly;

Implementing atomic swap functionality.
Screenshots taken 12 Aug 2018
Csaba Csabai
Co-founder, CEO
Peter Gergő
Co-founder, CMO
Benedict Bánáthy
CSO
György Cseh
COO
Peter Tamas Turcsan
Strategist
Krisztian Dobo
UX & Frontend expert
Attila Kovács
Enterprise Business Architect
Viktoria Kazar
Audit & Compliance
Andor Rajci
Smart Contract Developer
Ananda Parrott
Head of external communications
Barbara Szilágyi
Legal & HR
Peter Angyal
Blockchain, Token Specialist
Gabor Meiszterics
Blockchain Software Architect

Advisors (8)

Zsolt Gilányi
Monetary Theory Expert
David Sabo
Token Advisor
Antal Károlyi
Token Architect
Norbert Radoki
Media Advisor
Tamas Safrany
Security specialist
Allen Scott
Media advisor
Balazs Vegvari
Blockchain partnerships strategist
Mikk Maal
Legal Advisor
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