Sun, 16 Dec 2018

ETHLend

Democratizing Lending with Ethereum Network



Token LEND
Platform Ethereum
Type ERC20
Token price 25,000 LEND = 1 ETH
Tokens for sale 1,000,000,000
Accepting ETH
BONUS Pre-sale 20%
First 200kk LEND 10%
Next 100kk LEND 5%
Soft cap 37 600 ETH
Escrow Entity behind the token sale: Block Research OÜ - Reg: 14331108 - Tartu mnt 80, Kesklinna linnaosa, Tallinn, Harju maakond, 10112, Estonia

About EthLend

ETHLend brings decentralized lending on the Ethereum Blockchain. ETHLend enables everyone to participate and profit from international lending. It decentralizes the entire process using Blockchain technology and takes lending from banks and regulators to everyone, empowering every participants to lend in a free market.

This leads to fair interest rates all over the globe. This brings international access to free markets and new ways to participate in lending, where everyone, not only banks, is able to profit. The blockchain advantages are, fast transactions, security by design and through the use of tokens as collaterals for loans and excellent execution through smart contracts.

ETHLends timeline that aims to create major advantages: FIAT-pegged lending, allowing lenders and borrowers to receive loans and payback in FIAT, avoiding crypto volatility and increasing use cases; Crowd lending, allowing for large loans to be financed by a crowd, distributing the risk and increasing the volume of loan fundability; Automated Credit risk assessment through an advanced machine learning algorithm.

Decentralized
No one can stop your lending or borrowing, not even ETHLend. All lending is possible via the Ethereum Smart Contract. No assets are held by ETHLend

Transparency
Every transaction is visible. All transactions are open for block-explorers. You can follow on what is happening with your loan Smart Contract

Address 2 Address
You do not need a bank to lend or borrow. With the Ethereum network, loans are sent within seconds or minutes. No middle-men, just the borrower and lender.

Democratizing
We believe that interest rates should not vary based on where you live. We believe that everyone should have access to low interest rates.

Access 2 Finance
We provide the ability to borrow even in locations where there are no banks in sight. People lend Ether to people. You do not need a bank account to get a loan.

True Market
Interest rates should not be decided by politics, economic policies or banks. Interest rates should be decided by the people.

Technology Architechture:
- Meteor
- NodeJS
- Solidity
- Web3.js

Tokens distribution

Total of 1 000 000 000 (one billion) LEND is released for sale.

Additionally, 300 000 000 LEND is held for development fund to incentivise the development team and to recruit more talent for ETHLend. There will be no follow-up sale on LEND.

60 000 000 LEND (6%) tokens from the total amount is pre-sold for early participants

80% of LEND is locked once Token Sale distribution has ended

60% of LEND is locked after 6 months from Token Sale distribution

40% of LEND is locked after 12 months from Token Sale distribution

20% of LEND is locked after 18 months from Token Sale distribution

0% of LEND is locked after 24 months from Token Sale distribution

Funds allocation

30% on core development

20% on user experience development

20% on management & legal

20% on promotions & marketing

10% on unexpected costs

Token Sales

The funding goal for pre-sale is 2 000 ETH.

The funding goal for token sale is 37 600 ETH.

Pre-sale starts on 25 September 2017 at 12 PM GMT.

Pre-sale ends on ends on 25 October 2017 at 23.59 PM GMT.

Token sale starts on 25 November 2017 at 12 PM GTM.

Token sale ends on 27 December 2017 at 23.59 PM GTM.

Bounty camping

Social Media campaign: (7,5 million LEND) (+2,5 million LEND for Contributions from Week 3 onwards!)

Blog and Media Campaign: (5 million LEND)

Translation Campaign: (5 million LEND)

Signature Campaign: (7,5 million LEND)

Start in 25-11-2017
Ended in 09-12-2017

Stani Kulechov - Founder

Jordan Lazaro Gustave - Head of Management

Martin Wichmann - Head of token sale

Kersten Schütze - Head of corporate strategy

Sergej Stein - Financial advisor

Adnan Javed - Legal advisor

Jitendra Chittoda - Technical advisor

Amir Dib - Technical advisor

Jin Park - Head of Marketing

Edmund To - Full stack software engineer

Jesmer Wong - Developer & Advisor

Anastasija Plotnikova - Russian advisor & translations

Nolvia Serrano - Media Correspondent

Disa Braun - Copywriting & Brand advisor

Scott Malsbury - Head of communications

Rowan Van Ginkel - Graphics & Visualisation

Luca Cotta - Community Manager

Opinder Preet Singh - Local advisor in Indian subcontinent

Kelly Ann Pope - Social media manager

White Paper on Decentralized Lending on Q2 2017 (milestone achieved)

Creating an entity for Token Sale on Q3 2017 (milestone achieved)

LEND Token Pre-Sale on Q3 2017 (milestone achieved)

LEND Token Sale on Q4 2017

Relocating to Zug, Switzerland on Q1 2018

Promoting to get LEND on Exchanges from Q1 2018

Airdrops for LEND starts on Q1 2018

Opening Suggestions Venue for Public on Q4 2018

Creating and Testing Democracy DAO on Q4 2018

Voting on Suggestions Deployed on Q1 2019

Vesting for LEND Ends on Q4 2019

Maiyah

Bitcoin Talk : Maiyah Link

ETH : 0x5620C0851d58Fd55a411dAdeb17c83DBB8E61b29