Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ILK] INLOCK - Fiat Loans with Crypto Collateral - Banks Compete for You
by
Incomelocker
on 06/09/2018, 18:31:25 UTC
What are you actually trying to achieve with this project?
There goal is to connect people who already own cryptocurrencies, but have been unable to efectively utilize them, to those who want to benefit from the profit generated by cryptocurrencies, while avoiding the high risk that often characterizes crypto markets.
Is there a demand for your service?
In there WP it's written that over the past year they have received numerous requests from both camps. And they provide mutually beneficial solutions forbothparties.
Exactly! If you think about miners, whose primary source of income is from mining coins; they have to pay for electricity&amortization no matter what the current exchange rate is. Cashing out at the bottom of the Bearmarket hurts their ROI big time! For them INLOCK could be a lifesaver.