LendChain logo

LendChain (LV)

Finance
Website
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Status
ICO

LendChain is a distributed digital assets platform, providing financing, investment, and insurance for assets holders.

LendChain White Paper Whitepaper

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Medium
3/5 1 votes
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Ticker
LV
Type
Utility-token

What is LendChain

As a digital asset financial service platform, LendChain will implement a financing platform that uses digital currency as collateral. The user’s entire lending process will be established on the blockchain, including lock-up of mortgage assets, borrowing targets, user investment, repayment due, overdue delivery, etc., all will be executed through smart contracts. On the LendChain platform, users can only borrow digital currency by mortgaging digital currency. The interest rate is freely set by the borrower. Before the end of the loan period, LendChain will remind the borrower through system prompts, emails/text messages to return the loan on time.

LendChain Roadmap

1
February 2018

Team established

2
May 2018

LendChain 1.0 version launched

3
June 2018

Integration with Blockcity, digital currency fund and wealth management products

4
Q3 2018

APP launched, “investing is mining”, community administration and token launch policies developed

5
Q4 2018

Fast loan services and rights transfer enabled,continue developing digital asset investment community

6

Expecting the infrastructures to mature, realizing cross-chain smart contracts Managing collateral assets; Or developing public chain by ourselves

Token Sale Dates

ICO

Start date: Aug 28, 2018
End date: Aug 30, 2018

Token Allocation

Total Token Supply 100,000,000

Funding Details

Soft Cap 1,000ETH
Hard Cap 568,300 USD(fiat)

Restrictions

Residents of the following countries are prohibited from participating
China, United States,

Token distribution


25% LendChain Foundation
35% early investors
20% LendChain team
10% platform ecological incentives
10% operations

Funds allocation


50% marketing
20% risk reserve
20% research&development
5% legal

Token Price and Payment Options

Accepted Currencies ETH

Project team

Oscar Sum
Oscar Sum
CEO & Founder
Oscar Sum linkedin-team
Zhu Xuyin
Zhu Xuyin
Architect
Zhu Xuyin linkedin-team

Advisors

Jonathan Chou
Jonathan Chou
Jonathan Chou linkedin-team
Michael Pak
Michael Pak
Huang Minqiang
Huang Minqiang
Huang Minqiang linkedin-team
Tu Guojun
Tu Guojun
Tu Guojun linkedin-team
Zheng Cheng
Zheng Cheng

Social media

Industries

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