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.
Team:
Inlock will be holding its ICO on September 1, 2018. The ICO token supply represents 75% of the total token supply, so there will be a total of 33000000 tokens available, for 1 USD each at the offering. The ICO funding target is 15000000 USD, the funding cap is 27500000 USD and is expected to end on September 30, 2018 or when the funding cap is reached.
Token Reserve Split (25%):
The Inlock ICO campaign will feature a bonus campaign, and the token will not be mineable.
Bonus Structure: