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0.02%

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INLOCK – ICO Detailed Information


ICO INLOCK
INLOCK Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start July 1, 2019
End September 30, 2019
Rating 4.1
Status
KYC Yes
Founded
Categories Banking
Discussion

INLOCK Overview

ICO description, Technical Details and Documents

Every economy that wants to thrive would need lending service. And some cryptocurrency owners are not just looking at cryptocurrency as a short term gain. They are seriously considering it as a long term investment. With this idea in crypto traders, there are lots of opportunities for wealth creation in the industry.

However, the wealth in cryptocurrency cannot be easily accessible because it’s not liquid. It can only be assessed when there are associated costs and a high level of risk. A cryptocurrency that is sold to mitigate a current liquidity difficulty is, most times, bought back at a great cost. Because of this risk, and because there is currently no better option, crypto-assets are rarely used and stored in crypto assets.

The main goal of INLOCK is to stand in as a connector between those looking to benefit from trading in cryptocurrencies and those with these crypto coins but don’t know exactly how to use them. Of course, the main benefit of INLOCK’S approach to the traders is the lower risk of entering the crypto market. INLOCK is planning to introduce this platform that will offer mutual benefits to both parties while reducing the level of risks involved.

About Inlock


INLOCK provides loans to cryptocurrency holders by accepting their crypto funds as collateral while providing liquidity to the borrowers. It provides a risk-free platform for both lenders and borrowers to transact business.

The lender has better protection because he can exchange the collateral for FIAT currency, a liquid form of his funds. The main role of INLOCK is to provide the security of funds for both the lender and the borrower. The lender will have that confidence that his loan amount will be paid since the borrower has collateral in cryptocurrency. And the lender gains interest from the risk-free transaction.

On the other hand, the borrower will be able to access short term loans with his crypto funds as collateral. Generally, this would have been difficult to get without the intermediary activity of INLOCK.

Borrowers would be able to set their own conditions in the INLOCK system. They can set the amount and loan duration, based on their needs. In turn, the lenders will look into the borrowing requests and negotiate to approve the most viable option for them. The lender issues the  loan via the INLOCK portal, and completely controlled by INLOCK. Also, participants can customize the risk-taking level on exchange rate fluctuations to suit what they want. With this platform, institutions can enter the new market, which was not possible for them in the past.

INLOCK ICO Details


INLOCK was founded on March 11, 2018, in Estonia. The platform is built on blockchain technology. With INLOCK’s platform, creditors can monetize their software or content without going through an intermediary. INLOCK, in this case, stands as the middleman and provides a risk-free transaction.

It accepts BCH, LTC, BTC, and ETH tokens, and is traded on the Ethereum platform. Right now, China is the restricted country to this platform. It distributed its token sales as follows: Marketing reserves (5%), Advisors (10%), Founders and team (10%), private sales (31%), and public sales (44%).

Author: Ali Raza for Crypto-Rating.com

INLOCK Milestones

* Crypto Rating accepts no liability for any errors in the INLOCK ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 63.6% 74 $60 032.76 -2.11% -1.50% $1 131 802 049 382 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 68.4% 59 $3 989.05 -3.01% 4.71% $470 948 938 919 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 62 $469.93 -2.46% 0.52% $78 385 216 501 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000447 0.02% 0.09% $69 605 178 895 USDT 7 days price change
5 Cardano (ADA) ADA Cardano predictions 86.8% 13 $2.10 -2.38% -2.74% $69 174 273 027 ADA 7 days price change
6 Solana (SOL) SOL Solana predictions 70.4% 56 $187.59 -3.86% 17.09% $56 455 905 240 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 75.2% 49 $1.063738 -2.10% -5.03% $49 938 635 685 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 61.6% 82 $41.55 -4.26% -0.40% $41 029 792 344 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 72% 60 $0.261327 4.69% 10.43% $34 450 251 548 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000452 0.01% 0.09% $32 589 972 835 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 70% 61 $40.06 -6.21% 7.93% $16 078 547 993 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 78.4% 43 $25.49 -4.26% -3.47% $15 592 349 712 UNI 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 54.8% 92 $0.000038 12.93% 47.19% $14 846 178 540 SHIB 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 71.2% 61 $62.43 -4.16% 10.20% $13 751 801 922 AVAX 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 74.8% 50 $29.06 -5.36% 8.54% $13 396 474 820 LINK 7 days price change

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