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INLOCK

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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.
General
Website: Visit
White paper: Read
Bounty: Bounty
MVP: View
ICO Time: 15 Sep, 2018 - 12 Oct, 2018
Whitelist/KYC: Whitelist & Kyc
Country: Estonia
Token Info
Ticker: ILK
Platform: Ethereum
Token type: ERC20
Financial
ICO Price: 1 USD = 100 ILK
Accepting: BTC, BCH, ETH, LTC
Soft cap: 15,000,000 USD
Hard cap: 27,500,000 USD
Social Media
  • 1

    Q4/2018

    Coverage resupply option; Portfolio contracts: store a combination of cryptocurrencies within one contract to mitigate short term price fluctuations). Portfolio contracts could contain 'stable coins' to further mitigate the risks of contract termination in case of margin call; Multilingual support for: Japanese, Chinese, South Korean.

  • 2

    Q1/2019

    Mobile app development for IOS and Android in order to provide our users access to their balance and contract management options from their mobile devices, including lending with full functionality; Adding new functionalities for portfolio contract termination options: drop order, smart drop order; Implementing the layer-2 payments channels (ex.: lightning network) rental service.

  • 4

    Q4/2019

    Introducing credit swap; a second level market where the lender community will be able to exchange running contracts; Prediction AI to predict the termination overhead dynamically to assist platform users in selecting potentially safe margin call points; Adding the next pool of cryptocurrencies: ZCASH+ 2 additional based on customer demand; Multilingual support for additional languages.

  • 5

    Q1/2020

    Adding the lightning network module: in practice this means that if the user has any free assets available within the balance the user will be earning passive income constantly; Implementing atomic swap functionality.

Csaba Csabai

Co-founder, CEO

Peter Gergő

Co-founder, CMO

Benedict Bánáthy

CSO

György Cseh

COO

Peter Tamas Turcsan

Strategist

Krisztian Dobo

UX & Frontend expert

Attila Kovács

Enterprise Business Architect

Viktoria Kazar

Audit & Compliance

Andor Rajci

Smart Contract Developer

Ananda Parrott

Head of external communications

Barbara Szilágyi

Legal & HR

Peter Angyal

Blockchain, Token Specialist

Gabor Meiszterics

Blockchain Software Architect

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