CoinLoan ICO (CLT)

Platform for loans secured by cryptoassets


At one point or another, every crypto investor needs to get their hands on fiat money. Crypto asset transactions can be really difficult. Depending on amount and timeframe, it can be a very painful experience. Not to mention the often exorbitant fees and market volatility.

Banking Cryptocurrency Investment Platform
Ended
Token CLT
Platform Ethereum
Raised $3,200,000
Country Estonia
ICO Start Date 26 Nov 2017
ICO End Date 14 Feb 2018

About CoinLoan

CoinLoan is a truly groundbreaking project. Our platform uses a unique algorithm to offer maximum choice and flexibility for our clients - who are able to act as both a lender and borrower.

Lenders deposit their fiat money using international/local bank transfers or bank cards and request loans on their own terms (repayment, interest rates etc). Lenders either manage the loans themselves, or they can let our algorithm manage the loan completely on autopilot - thereby avoiding the manual creation and continuous monitoring of loan requests. If the borrower fails to return the funds, the system will automatically liquidate (sell) the pledged crypto asset and return the funds to the lender (including the interest rate), thereby ensuring the absence of risk and a full repayment of funds.

Borrowers can deposit cryptocurrency, and create a loan application for a maximum of 70% of current market value — to preserve the borrower's crypto assets and reduce the risks caused by the high volatility of the cryptocurrency market. Borrowed fiat money can be withdrawn quickly and conveniently, receiving their crypto assets back in full once loan conditions are repaid.

Advantages

For Lenders:

  • Automatically manage funds and obtain a stable income
  • Increase capital with minimal risk
  • A wide range of options for setting loan conditions
  • Guaranteed safety and repayment of funds
  • No upper limit on the number of loan applicatios
  • Access to borrowers from around the globe

For Borrowers:

  • Crypto assets are stored safely - no need to sell cryptocurrency
  • Micro-loans are possible (starting from as little as $10)
  • Repay the loan at any time by liquidating (selling) part of the collateral at market price to repay the loan
  • Convenient and fast payment methods (bank card, SEPA, local bank transfer, etc.)
  • Flexible loan terms and conditions
  • Immediate loan approval
  • Refinancing of liabilities
  • No credit or background checks
  • Loans can be issued in many different currencies.

For ICO Investors:

  • Invest in a unique and promising project
  • Profitably sell tokens at crypto exchanges
  • Token holders receive better credit conditions

Team

Alex Faliushin member of CoinLoan ICO
Alex Faliushin
Founder & CEO
Max Sapelov member of CoinLoan ICO
Max Sapelov
Founder & CTO
Eugene Landau member of CoinLoan ICO
Eugene Landau
Lead Developer
Semen Zverev member of CoinLoan ICO
Semen Zverev
Lead Engineer
Eugene Rudenko member of CoinLoan ICO
Eugene Rudenko
Frontend Developer
Alex Marsoff member of CoinLoan ICO
Alex Marsoff
Designer
Anna Salyuta member of CoinLoan ICO
Anna Salyuta
Digital Marketing
Mike Rozhko member of CoinLoan ICO
Mike Rozhko
Business Development
Mike Shokin, CFA member of CoinLoan ICO
Mike Shokin, CFA
Advisor
Boris Otonicar member of CoinLoan ICO
Boris Otonicar
Advisor
Arturas Svirskis member of CoinLoan ICO
Arturas Svirskis
Advisor
Desmond Marshall member of CoinLoan ICO
Desmond Marshall
Advisor
Anton Sergeev member of CoinLoan ICO
Anton Sergeev
Daniele Azzaro member of CoinLoan ICO
Daniele Azzaro

Milestones

  • 1

    2016 Q4

    Generating the idea. Evaluating the market and development potential.

  • 2

    2017 Q1

    Launching the development.

  • 3

    2017 Q3

    Preparing for the ICO. Performing the Pre-sale.

  • 4

    2017 Q4

    Making the ICO. Expanding the team. Developing the company's legal structure. Submitting the documents to obtain necessary licenses.

  • 5

    2018 Q2

    Obtaining the payment licenses. Completion of developing the platform core. The official launch of the platform.

  • 6

    2018 Q3

    Developing mobile applications for iOS & Android.

  • 7

    2019

    Licensing and entering the Asian market.

Financial

Token Sale Info
Token CLT
Token Type ERC20
Platform Ethereum
Tokens for Sale 20000000
Investment info
Accepting BTC, ETH, LTC, Fiat
Distributed in ICO 90%
Soft cap 3,000,000 USD
Hard cap 56,000,000 USD
Raised $3,200,000

Others in "ENDED ICO"