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-0.01%

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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 87.2% 21 $20 386.05 1.27% 4.08% $390 814 027 565 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60.8% 78 $1 376.31 1.87% 2.52% $168 834 824 310 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000149 -0.01% 0.01% $68 222 741 977 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 83.2% 21 $296.13 0.56% 3.97% $47 777 251 664 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94% 1 $1.000099 0.02% 0% $46 439 045 522 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 60.4% 85 $0.503965 5.75% 13.60% $25 126 984 915 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $1.000404 0.05% 0.02% $21 050 734 011 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 76.8% 42 $0.435186 0.75% -0.57% $14 909 258 504 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 83.2% 21 $34.39 1.15% 1.69% $12 216 494 203 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 84.4% 21 $0.065906 1.48% 8.37% $8 743 789 050 DOGE 7 days price change
12 Polygon (MATIC) MATIC Polygon predictions 70.8% 56 $0.850028 1.60% 13.44% $7 424 411 111 MATIC 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 73.2% 59 $6.50 1.24% 0.60% $7 298 763 043 DOT 7 days price change
14 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999841 0.04% 0% $6 788 281 179 DAI 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 93.6% 5 $0.062712 0.65% 4.25% $6 376 303 888 WTRX 7 days price change

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