Service CoinLoan is a kind of innovative development that combines the concept of the traditional banking system and credit products and modern cryptocurrency technology. Team system CoinLoan have studied the main challenges of interaction between the virtual currencies. Thus, the question remains the use of virtual money in real life along with their promising development on the Internet. Sales operations cryptomonas are the primary means of obtaining the desired income, but it also leads to a change in indicators of cryptanalytic and additional costs – analytical and transactional. The project CoinLoan provides its users with a different approach to working with crypt – users can get their hands on the funds, which are scriptactive. An automated system can select a specific best offer for a credit line and other products.
The service developers CoinLoan are of the opinion that time is the most valuable asset in the world. For this reason, calculations were made for the automation system to avoid unnecessary time spent on processing applications and transactions. The issuance of credit is made without the procedure of verification of solvency, there is no need to wait for the end of request processing by the credit center, as well as compliance with other formal items that are inherent in the traditional system of the Bank. You have the opportunity to obtain credit in the here and now. The system cannot accommodate a strict gradation of users on lenders, borrowers and investors. Each user may act as a person – flexible and loyal to the organization network CoinLoan provides ample opportunities to work with colleagues in the most convenient format.
The developers of the service CoinLoan focused on the investment of funds in the ICO under standard venture capital organizations for the functionality of the project. Thus anyone who wants to participate in the sale of tokens CoinLoan system will pay the user a fee for the use of resources that would accelerate project funding and the launch of the network CoinLoan. In addition, the experts CoinLoan took care of the transparency of the courts and provide full functionality for handling digital money.
The concept of service CoinLoan
The basic principle of operation of the system CoinLoan is that each participant in the network can act as the borrower and the lender. In this case, the creditor shall be deposited with Fiat assets through the use of optional local or international money transfers, and credit cards. This allows you to create a list of applications for the issuance of credit funds in providing borrowers the most favorable terms of the loan. Along with this, there is the possibility of delegating the responsibilities within the system that continuously and fully automated, which frees the network from the need to create and manage incoming applications manually. If the borrower refuses to vozrasti credit funds within the established period, the system will automatically sell CoinLoan support loan cryptocurrency assets that provide a guaranteed refund to the lender, which amount also includes interest on the borrowed funds that provides a complete lack of debt risks.
Borrower funds may be deposited in cryptocurrency assets followed by the creation of the application for the loan. The loan amount can not be higher than 70% relative to the market valuation of assets. Such a limit is developed to preserve the assets of the borrower, which allows to minimize the risks caused by higher volatility of the cryptocurrency market. After this Fiat funds available for withdrawal and possible return of scriptaction in full.
As CoinLoan system provides low rates of interest rates?
The answer is simple: it is thanks to the reliable system of protection of the borrowed funds no need to include the interest on the credit assets, the risk of default of payment.
As scriptactive in the system CoinLoan are the tokens broadcast standards ERC20, the assets also includes such currencies as Bitcoin, Litecoin and others.
The difference from other analog CoinLoan credit platforms
Modern cryptocurrency market offers users a large number of analog credit platforms. Why do users of cryptocurrency should pay attention to the network CoinLoan? All due to the fact that the developers CoinLoan made sure to offer users the following advantages:
- the lowest possible level of interest rates within the cryptocurrency market;
- the system of issuing credit funds equivalent to a Fiat currency supported by scriptactive;
- the opportunity to receive and to issue microloans;
- maximum coverage user audience, which include borrowers and lenders operating in the Internet network;
- full warranty loan assets with zero risks;
- instant processing and implementation of the incoming network requests without the need for checking the creditworthiness of the borrower;
- the ability of users to perform roles of both the creditor and the borrower without having to obtain licenses for implementation of activities;
- comfortable and quick the system input and output assets;
- the option of refinancing.
The token system CoinLoan
The main bargaining chip system CoinLoan is a token CLT, or CoinLoan Token. This cryptocurrency is represented by a token compliant ERC20, and is based on blockchain technology, Ethereum. The main purpose of creating the token CLT is providing a koina, which you can pay fees for the use of resources of the platform CoinLoan. By paying the 1st CLT-token the user receives the possibility to use credit funds in the amount of 10 000 USD. It also allows you to use lower interest rates on credit products that kompensiruet made to the system Konami CLT.
For large investors the company CoinLoan offers personal offer with the bonus package. If the investor is planning to invest funds in the amount of 100 thousand dollars, then he needs to contact the network CoinLoan.
ICO in the system CoinLoan
The process of selling tokens CLT has already started, and the end of sale announced on 29 December 2017. The system will be released 22 million coins, which will be implemented during the presale and at the end of the ICO. At the time of publication of the article course CLT-token is $ 2 per coin. In the next stages of the sale it will rise to 3 dollars. Completion of sales CLT-tokens will be realized earlier through the implementation of the 5 million coins.
The main stage ICO will last 60 days at that rate CLT will grow from 3 to 8 dollars per coin. Remaining at the end of the ICO released coin will be sold within the system, and their course is not cheaper than 10 dollars for the token.
Distribution cryptocurrency CLT will be as follows:
- 5 million tokens is in the pre-ICO;
- 15 million tokens will be implemented in the initial stages of the core sales of coins;
- 2 million tokens is allocated as a reserve Fund to pay for the services team experts and consultants of the project.
According to experts CoinLoan, the minimum investment in the project will amount to 3 million USD. Assuming that this figure is not exceeded, all invested funds returned to investors.
What to expect from the site in the future – prospects CoinLoan
If you take into account the development plan of the project and the actual pace of development of the system CoinLoan, then users in the next two years waiting for the next:
- the extension of the project team CoinLoan, the formation of a complete legal infrastructure, obtaining the necessary licenses to conduct the activities;
- the completion and official launch of the project;
- create and run a Suite of applications for mobile devices operating on Android and iOS platforms;
- the dissemination and popularization of the product in different continents, including Asia.
- release API for integration in large financial institutions.
The overall impression of the project CoinLoan
If you take into account the statistics of changes in exchange cryptocurrencies for the last time in which indicators of bitcoin grew by 700 percent, and Ethereum – on 3300 percent, you can make a logical conclusion about the increasing number of users of the cryptocurrency in the world. It also speaks about the growth of the user base of various cryptocurrency projects that offer functionality for working with the crypt. This statistic generates a growing demand for P2P transactions, which offer users comfortable conditions for cooperation in the absence of intervention of a banking and state structures in the interaction of network users. System CoinLoan offers its users the Union of promising areas and creating a framework in Ramah which you can get loans and make loans and invest in profitable project to generate income for the future.
The secured protection system of the borrowed funds guarantees the absence of risks of non-repayment of loans, and also minimizes the time required for the clearance of transactions.
Detailed information about the project can be found on the official website CoinLoan – https://coinloan.io.
Here you can zaregistrirovatsya and start using the functionality of the system, and track output products and to monitor the development of the system.