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Powerloan Coin Logo

Powerloan Coin (POWL)

Trust ScoreD

Powerloan is a crypto lending program aimed at becoming a store-of-value token. Owner of Powerloan Coin or POWL, is able to stake it in a micro-loan to earn daily interest until the loan duration matures. The loan will be used to develop PowerLoan consumer renewable energy products and green technology tokenization. 

  • Category Trading & Investing
  • Websitepowerloan.io
  • Project Type New Blockchain
  • White PaperOpenOpen White Paper
  • Algorithm SHA256
  • Bitcoin TalkOpenOpen Bitcoin Talk
  • Jurisdiction Not Supplied
  • Masternode No
Start Date
May 5th 2018 12:00 UTC
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End Date
June 5th 2018 10:00 UTC
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Team

Developers

Powerloan Coin Token Distribution

  • ICO6,000,000 POWL46.00%
  • Loan Reward Bonuses and Reserve4,500,000 POWL35.00%
  • Team Reserve1,400,000 POWL7.70%
  • Referral Program Reward600,000 POWL4.60%
  • Marketing Bounty500,000 POWL3.80%

Milestones

  • Jun 2018

    Launch of Internal Exchange

  • Jun 2018

    Launch of Staking Loan

  • Jun 2018

    External Exchange

  • Jun 2018

    Coin burn for unsold tokens

  • Jul 2018

    Airdrop Green Datacenter Token

  • Aug 2018

    Dividend Payout

Questions

Why is your company going to succeed?

1. Powerloan has the most complete system upon release before ICO.
2. Interest convertable to POWL token for re-loan or BTC for withdrawal.
3. Continuous rewarding of token owners
4. Tight control on token circulation

Where did your team members meet originally?

We met during previous non-blockchain projects. We did add a few members from headhunter profiles that we interviewed.

What are the top five risks you see for your business?

Growth on platform is stagnant, dip in bitcoin value from current value, new government regulation on ICO and renewable energy and alternative disruptive technology.