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Coin Loan (CLT)

ICO

Last updated: May 04, 2018

CoinLoan is a platform for lending secured on crypto-assets (cryptocurrency, tokens).

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Overview

Project industry	Trading & Investing
Founded	Estonia, 2017
Whitepaper	Open
Onepager	Open

What is Coin Loan

Providing loans in fiat currency secured on a crypto asset (cryptocurrency, tokens).
Possibilities to receive and provide micro loans.
Global exposure of lenders and borrowers.
Immediate proceeding of applications for loans.
Any individual/legal entity can act as a lender or a borrower without obtaining licenses for performing such activity.
The lender does not need to evaluate the financial solvency and potential risks before providing a loan.
Convenient ways of depositing/withdrawing funds.
Possibilities to refinance loans.

Details

Public sales: Nov 27, 2017 - Dec 28, 2017
Pre-sale token supply: 5000000
Token supply: 15000000
Raised: 3,199,365 USD

Legal

Registration country: Estonia
Registration year: 2017

Office address: Narva-mnt 7-634, Tallin, Estonia, 10117

Token info

Ticker: CLT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 8.000000 USD
Accepted currencies: ETH, CNY, RUB, CHF, PLN, CZK.
Token distribution:
21% — Pre-ICO (Pre-Sale)
70% — ICO (Initial Coin Offering)
9% — Reserve of the team and advisors.
Funds allocation:
50% — Expanding the scope of the international audience (licensing in other countries)
15% — Platform development (technical part)
10% — Legal registration (licensing and related aspects)
15% — Marketing and business development
10% — Reserve fund (miscellaneous, unforeseen expenses)