Project Overview

PowerLoan POWL

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 renewabl …


Ticker

POWL

Country

Hong Kong

Industries

Website

Contact Email

reward@powerloan.io


White paper

Platform

Total Supply

21000000 POWL


Social Media

Twitter

Facebook

LinkedIn

Medium

Bitcointalk

Reddit

Telegram

Google Plus

Slack

YouTube Channel

Discord

Github

Steemit

Instagram

Project Description


Description

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. Upon maturity of their stake, the tokens will be returned. Ownership rewards and attractive bonuses from loans can be earned from personal staking, as well as referral’s staking.

 

POWERLOAN Registration+Deposit is open now.
Pre-ICO scheduled on 5.5.2018 10AM UTC.


Bounty Program
Powerloan Bounty Program: https://bitcointalk.org/index.php?topic=3241140.0


Website: https://powerloan.io
Whitepaper: https://powerloan.io/document/WHITEPAPER.pdf
Registration: https://dashboard.powerloan.io/Account/Register
Twitter: https://twitter.com/PowerLoanIO
Official Telegram Channel: https://t.me/powerloan
Telegram Community Discussion: https://t.me/joinchat/H68fMA7sXFu6pTrueNWGUA
Block Explorer: https://chain.powerloan.io/
API: https://chain.powerloan.io/info


About PowerLoan
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. Upon maturity of their stake, the tokens will be returned. Ownership rewards and attractive bonuses from loans can be earned from personal staking, as well as referral’s staking. Interest earned, can be converted to additional POWL coins that can be staked in new micro-loans or sold at the internal/external exchange. Loans received by PowerLoan will be used for business expansion for consumer grade renewable energy and smart home equipment which are increasing in demand in Asia.


Token Attributes
Token Name : POWERLOAN Coin
Token Ticker : POWL
Algorithm : SHA-256
Max Supply : 21,000,000
Premine Amount : 13,000,000
Send/Receive Confirmation : 3 Confirmations


ICO Stages


PRE-ICO
Price Per Unit: $0.50
Amount: 1,500,000ICO Stage 1
Price Per Unit: $0.75
Amount: 1,500,000ICO Stage 2
Price Per Unit: $0.90
Amount: 1,500,000ICO Stage 3
Price Per Unit: $1.10
Amount: 1,500,000


Lending Rewards (Staking)


Packages


Loan Package A
Duration: 60 days
Principle Interest: Up to 1.5% (daily)
Base Interest: 0.25% (daily)
Early Withdrawal Penalty: 5%Loan Package B
Duration: 90 days
Principle Interest: Up to 1.5% (daily)
Base Interest: 0.35% (daily)
Early Withdrawal Penalty: 6%Loan Package C
Duration: 180 days
Principle Interest: Up to 1.5% (daily)
Base Interest: 0.50% (daily)
Early Withdrawal Penalty: 7%


Multipliers


Standard Loan Level
Amount: $0.01 to $1000.00
Package Multiplier: 1.10Boss Loan Level
Amount: $1000.01 to $5000.00
Package Multiplier: 1.20VIP Loan Level
Amount: $5000.01 and above
Package Multiplier: 1.35


Daily Referral Interest
Tier 1 – 0.25%, Tier 2 – 0.20%, Tier 3 – 0.15%, Tier 4 – 0.05%, Tier 5 – 0.05%


Crowdsale Referral Bonus
Tier 1 – 8%, Tier 2 – 4%, Tier 3 – 2%, Tier 4 – 1%, Tier 5 – 1%


POWL Interest Calculator
Download it at: https://powerloan.io/document/POWL-Interest-Calculator.xlsx


Exchange in Discussion
Coinexchange, Mercatox, KuCoin, Stocks.Exchange and HitBTC.


Bounty Program
Powerloan Bounty Program: https://bitcointalk.org/index.php?topic=3241140.0


Bounty Available (Bounty thread):
YouTube, Blog, Telegram, Signature and Bug Report.


Other Languages
Russian: https://bitcointalk.org/index.php?topic=3242481.new#new



Website: https://powerloan.io
Whitepaper: https://powerloan.io/document/WHITEPAPER.pdf
Registration: https://dashboard.powerloan.io/Account/Register
Twitter: https://twitter.com/PowerLoanIO
Telegram: https://t.me/powerloan
Block Explorer: https://chain.powerloan.io/
API: https://chain.powerloan.io/info


Current Offers
Get Bonus POWL for early deposits. Find out our promotion at: https://powerloan.io/#promo


Important Updates


6th April 2018

In a strategic move to make POWL token price stable and strong, Powerloan have decided to add interest conversion to BTC. Owners who have earned interest in lending can convert it directly into BTC for withdrawal. This is to avoid dumping of POWL token on exchange in order to cash out. Owners can also benefit from not paying multiple transaction fee in order to convert for withdrawal.

7th April 2018
1. Powerloan has been rate 4.8 out of 5 by ICOreview.site the leading review for lending coins. Powerloan was rated “Very High” for Hype, “Very Low” for Scam and “Very High” for Moon.  Comments from their admin, “This is the most completely built platform I’ve seen yet. What I like about this is the responsive support, the in-depth know how and the completeness of the platform. Very well planned.”

2. The Powerloan management have decided that all transaction fee collected this year in 2018, will be coin-burned on a monthly basis. This is to ensure that the circulation of Powerloan tokens remains healthy and the market will not face oversupply once mining and staking feature is open.

9th April 2018
We have received several tickets on deposit and it has all been resolved. For Deposit of BTC, please ensure that you transfer the exact amount keyed in. Do not close the deposit page popup until transaction ID has been generated. If you have an issue of your deposit not found in your transaction history, do not worry. Go to our Support Center and create a ticket with topic “Deposit” and provide the transaction ID of your bitcoin transfer. Our team will resolve the ticket within 24 hours or less. Do not miss out on first 300 deposit bonus of 300 POWL Token worth ($150 on Pre-ICO) with just a minimum deposit of 0.01 BTC.

11th April 2018
1. First of all, there has been several tickets on deposit, to avoid problem with deposit please ensure you deposit the exact amount of the invoice. Please take note of the fees involved so that the numbers tally so it does not cause any issue. For those with issue, do not panic. Your money is safe with us, please submit a ticket at our support center with topic “Deposit”.

2. Secondly, a lot of people are asking if we allow withdrawal at this moment and the answer is no. PowerLoan is currently running a promotion for deposit where we award 300 POWL for the first 300 deposit, we need to avoid people depositing and withdrawing just for the bonus. Withdrawal will be opened on 5th June 2018 upon completion of ICO. We are not doing a whitelist, but we will give priority on Pre-ICO to those who deposit early. First 4 hour of Pre-ICO will only be open to those who have deposited early, every 15 minutes, purchase will be limited to 2000 POWL. After 15 minute, you can purchase the next 2000 token.

3. Here’s a POWL loan calculator on interest. We have received several request on it, therefore we have listened. It can be downloaded at:  https://powerloan.io/document/POWL-Interest-Calculator.xlsx

12th April 2018
1. Issue on our referral program this morning have now been fixed. You should be able to view all your 5 tier of referrals.

 

Here’s an example of calculation for our daily interest.
If you own 500 POWL and price of POWL in internal exchange is at $2.50You can loan the 500 token for $1250.00.The package you choose is 60 days from Package A.
Duration: 60 days
Principle Interest: Up to 1.5% (daily)
Base Interest: 0.25% (daily)The multiplier you receive will be based on Boss Level.
Amount: $1000.01 to $5000.00
Package Multiplier: 1.20Day 1 – Principle interest announced is 0.5%
Calculation will be based on:
1250 * [(0.5+0.25) * 1.20]
Day 1 Interest = 1250 * 0.9% = $11.25 + Referral Daily InterestYour Day 1 income would also be added with referral’s lending from the table below.

Daily Referral Interest
Tier 1 – 0.25%, Tier 2 – 0.20%, Tier 3 – 0.15%, Tier 4 – 0.05%, Tier 5 – 0.05%

Day 2 – Principle interest announced is 0.8%
1250 * [0.8+0.25] * 1.2]
Day 2 Interest = 1250 * 1.26% = $15.75 + Referral Daily Interest

If on average you’re receiving $12.00 of interest, at the end of 60 day lending period, you will receive back 500 POWL token with $720 of interest (57.6%).

Why is it good to join during PreICO and ICO?
Because you get the token at the lowest price as token prices rise through each phase of ICO.
At end of ICO, token will be listed in both internal and external exchange with lending open.
Token price will gradually increase due to principle lending amount is based on token pricing.
There will also be controlled supply of token due to burning of tokens from transaction fee and buy-back every 2 month.


Translated Article:
Vietnamese Article: https://steemit.com/ico/@cryptoairdrop/powerloan-chuong-trinh-cho-vay-crypto
Vietnamese ANN: https://bitcoingarden.org/forum/index.php?topic=33835.msg264760#msg264760
Vietnamese Bounty: https://bitcoingarden.org/forum/index.php?topic=33839.msg264768#msg264768
Filipino ANN: https://bitcointalk.org/index.php?topic=3294145.msg34376049#msg34376049
Arabic ANN: https://bitcointalk.org/index.php?topic=3294223
Indonesian ANN: https://bitcointalk.org/index.php?topic=3294245.0

Ratings:
ICOReview.site – 85 out of 100 – “One of the most complete platform we have ever seen.” in ICOReview Forum.
ICO-Lending.com – 8.5 out of 10
CryptoLending.Review – 8.0 out of 10
CryptoLendingPrograms.com – 5.0 out of 5
TrackICO.io – 4.1 out of 5
ICOlink.com/ico-powerloan.html – 4.0 out of 5

Join our community chat: https://t.me/joinchat/H68fMA7sXFu6pTrueNWGUA
Join Our Official Telegram Channel: https://t.me/powerloan

ICO Overview

Ticker

POWL

Accepted Payment Methods

MVP?

KYC/Whitelist

Whitelist Only

Soft Cap

225

Hard Cap

735

Restricted Countries

Bounty Program


Airdrop Overview

Current Status: Unknown

Description

Amount Available

Start Date

End Date


Private-Sale Overview

Current Status: Unknown

Private Sale Price

Private Sale Goal

Private Sale Min Contribution

Private Sale Available for Sale

Private Sale Start Date

Private Sale End Date


Pre-Sale Overview

Current Status: Complete

Price

0.50

Goal

Minimum Contribution

Available for Pre-Sale

1500000 POWL

Pre-Sale Start Date

May 5, 2018

Pre-Sale End Date

May 12, 2018


Public Sale Overview

Current Status: Complete

Public Sale Price

Available For Sale

6000000 POWL

Public Sale Minimum Contrabution

Public Sale Start Date

May 5, 2018

Public Sale End Date

June 5, 2018

group

Team Members

Johan

CEO

Ethan

COO

Hacket

Infra and Security

Nathen

Development

Karen

Finance Consultant

Goran

Marketing

Rob

Development

school

Project Advisors

rss_feed

Twitter

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

#ICO #crowdsale #tokensale

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