OFFICIAL ANNOUNCEMENT

UPDATE OF POWERLOAN

As we get half way of our ICO, here's an update of what the Powerloan Team has been doing. Hope you like it!

https://youtu.be/lQSUSJbm8wU

OFFICIAL ANNOUNCEMENT

Dear Valued Investors,

As per our earlier announcement, we have come to a decision on the new bonus structure for the ICO round. This is needed to ensure at end of ICO we have sufficient liquidity in our tokens for us to continue our listing on exchanges, whereby they have recommended a minimum of 8 million token.

Pre-ICO (Completed) - 30% (450,000) - Price $0.50 - TCO 0.35
ICO Stage 1 - 30% (450,000) - Price $0.75 - TCO - $0.525
ICO Stage 2 - 20% (300,000) - Price $0.90 - TCO = $0.72
ICO Stage 3 - 10% (150,000) - Price $1.10 - TCO = $1.00

With this structure, different level does not deviate too much and give a fair value to everyone to ensure they're also profitable upon launching if they purchase other rounds.

The re-allocation of tokens from our 13 million Pre-Mine is now:
ICO 6,000,000 (No Change)
House Coin 1,100,000 (-300,000)
Referral Program 300,000 (-200,000)
Marketing Rewards 250,000 (-250,000)
Lending Reserve  4,000,000 (No Change)
Airdrop  1,350,000 (+850,000)

Powerloan will give up 300,000 house token and reallocated unused referral program and marketing reward tokens to ensure circulation is sufficient. Vesting period for house token have also been revised to 6 months for 200,000 token, 9 months for 400,000 token and 12 month for 500,000 token.

Expected result:
If Powerloan finish 50% of ICO Stage 2 - there will be 5.35 million token in open circulation, if we complete all rounds of ICO, there will be 7,900,000 token if free circulation (which we don't think will happen). Any coin unsold after ICO will continue to be burned as planned)

Impact to Open Beta Testing - Only first 100 results returned will be rewarded with 300 tokens. Instruction will be sent to everyone, but it will be first come first serve basis. 30,000 tokens have been reserved from marketing rewards for this activity.

Thank you for your support. We will continue to manage Powerloan as closely as possible to ensure the program always stay healthy. We hope you will continue to support our program. Please share our program and build your referrals.

The Powerloan Team

OFFICIAL ANNOUNCEMENT

Dear Valued Investor,

During our stage 1 ICO a lot of concerns have been raised.
This is to manage and align everyone's expectation on our plan and strategy.

ICO seems to be slow, what if we don't sell out?
Powerloan have never planned for ICO to sell out. We do not have any softcap. Powerloan is setup and entirely funded by me and my team. All capital and expenses up till ICO finishes, is from the core team. None of ICO collected monies will be used in ICO marketing or other ICO activity. All investor ICO funds, will not be utilized for ICO activity or push ICO to finish. Powerloan focus on post-ICO value creation with funds collected.

How do you prove you do not use our money?
If you do a lookup on all wallet addresses for deposit, no funds have been touched and will not be touched until ICO is over.

What will funds from ICO be used for?
1. Value creation projects
2. Initial buy-back
3. Post ICO Marketing.

If ICO don't sell out, doesn't it mean that our tokens are not valuable?
That is the wrong perception, a lot of other ICO uses ICO fund for development and marketing ICO before opening their platform. That is not right. Development and marketing of ICO is fully paid by Powerloan team and investor's money should come into play only after platform launches. That in a way translate to POWL token being more valuable than other ICO.

Other plans come into play for increase value for example:
1. Initial buy back on exchange opening.
2. Launching our first utility token and airdrop in August.
3. Private sale of utility token with ratio to amount of POWL tokens held.
4. Opening of powerloan token marketplace (rent and sell utility tokens).
5. Coinburns

ICO is a milestone we have to go through, but it should not be our critical success factor. ICO is merely a fundraising phase, and it does not make sense for us to utilize any of your investments just to raise more fund. We do not want to be in debt, even before the platform opens.

Here I would like to ask all of us to align our strategy and expectation to hold and build Powerloan after ICO. We will take it to the next level together. Our team have not only work hard on it, but we have invested into Powerloan along with everyone here. We are partners.

Yours faithfully,
Johan

MOTHER'S DAY PROMO

All POWL ICO purchases for the next 24 hour will receive 5% Bonus POWL token for Mother's Day. Please buy your mom a nice meal, and remember to thank her.

Stage 1 is about 15% sold. About 1.3million tokens left. ICO hardstop on 5th June.

**POWERLOAN ICO STAGE 1 starts in 6 hour.**

Token price: $0.75 for each POWL
Bonus: 15% at end of ICO Stage 1

Support us at ICO Stage 1 by buying, sharing and talking about Powerloan.

24 hour from Powerloan ICO Stage 1

Here's whats happening at Powerloan:

1. Bonus allocation for Pre-ICO purchases (30% bonus) is now completed. Please check your balance.

2. ICO Round 1 will start in 24 hour (10AM UTC on 12th May) and will be priced at $0.75 for each POWL token. 15% Bonus airdrop will be given at end of round.

3. Powerloan lottery is now running. 15 prizes of 500 POWL token for any deposit of 0.005 BTC and above for the next 20 hour. Don't miss out on ICO Stage 1 and a chance to win more tokens.

4. MEME contest have received more than 50 submissions so far, it's a lot of fun. Do continue to send your funny stuff until the 15th May 2018.

6. Share Powerloan and talk Powerloan with everyone. We need your support to make ICO Stage 1 successful. Build your referrals and raise your daily referral lending interest. Powerloan chat is now a lot of fun, get your friends to join our chat at https://t.me/powerloanchat

Do not hesitate to contact the Powerloan team for any issues.

Thank you.

The Powerloan Team

Minimum of 0.005 btc. Less than 50 dollar.

Round 1 is just 15% bonus. No more 30% offered.

END OF PRE-ICO

Dear Valued Investors,

We are proud to announce the closing of the Powerloan Pre-ICO stage. Powerloan Pre-ICO have been running since 5th May 2018 10AM UTC. We have completed the sale of 1,499,999.94767 POWL token in 4 days 3 hour and 20 minutes.  We would like to thank everyone for your support.

As we close the first chapter of tokensale, Stage 1 of Powerloan ICO will start on 12th May 2018. During stage 1, POWL tokens will be sold at $0.75 each with a bonus airdrop of 15% at the end of round. The next 3 ICO stages will run back to back, once a stage is completed, the next will start. Our hardstop on all ICO activities will be on 5th June 2018.

During this period of break, our team will be allocating bonuses for your Pre-ICO purchases. There are also fun activities arranged for our telegram group such as contest, activities and reward. Do participate, get your friends to join in and lets have some fun and win some prizes.

Again, our success is due to your support. Congratulations to everyone.

Thank you.

The Powerloan Team

We do not do free airdrop. All airdrop are for investors who bought our tokens.
For free tokens, you can participate in our bounty in our bitcointalk bounty thread.

They are helping us to promote our platform. Pretty good help from them.

Pre-ICO finishing today. ICO Round 1 will be 3 days later.

Pre-ICO Day 4

FINAL CALL for Pre-ICO!** Final 85,000 tokens for Pre-ICO and it's **OVER!

Our Current Pre-ICO Status
Pre-ICO progress: 93.89%
Total registered user: 22,238
Total BTC deposited: > 85.67
Total POWL sold: >1,415,827

Grab the last of Pre-ICO tokens before it' s over.
We're ready to take a break before ICO Round 1.
Thank you for the amazing support and confidence shown.

The Powerloan Team

Pre-ICO Day 3 Update No. 2

We have just reached our most registered user in a day today. Thank you for sharing and supporting Powerloan. We are now getting a lot of attention and officially HOT!.

Our Current Pre-ICO Status
Pre-ICO progress: 87.67%
Total registered user: 21,411
Total BTC deposited: > 83.77
Total POWL sold: >1,315,079

Last chance to buy POWL token in Pre-ICO as we’re getting near to the end of our Pre-ICO with only 180,000 POWL tokens remaining. In the next 48 hour, our Pre-ICO should end. There’s no better time to get your referrals in or top-up on your tokens.

At the end of Pre-ICO, ICO Round 1 would start 3 days after. The team will take a day of rest in between for the coming marathon.

The Powerloan Team

PRE-ICO DAY 3 UPDATE

Our Current Pre-ICO Status
Pre-ICO progress: 83.87%
Total registered user: 19,084
Total BTC deposited: > 80.14
Total POWL sold: >1,258,069

Last chance to buy Powerloan Pre-ICO at $0.50 + 30% Airdrop Bonus. Less than 250,000 POWL tokens left on Pre-ICO.

Thank you for your support.

70.92% of Pre-ICO sold. It's not the entire program.
We have yet to go into Round 1 to ROund 3 of the ICO.
Please support!

Yes. We expect within the next 72 hours or less.

Here's a video on our Pre-ICO progress after 52 hour.

https://www.youtube.com/watch?v=Qp9k2o5pJc0

Like and share.

Yes. We have bounty for testers. Please go to our bounty page.