Inlock is a lending platform that enables crypto holders to manage short terms issues of liquidity by taking loans with crypto as collateral. Besides that, accredited lenders may use INLOCK to offer risk-free loans to crypto holders.

Although crypto can be converted to fiat immediately, the risks involved for the lender are almost similar to a bank deposit. The difference is that there is potential for higher interest rates and profitability.

How INLOCK Cryptocurrency Lending Liquidity Network Works

Credit transactions are established between two parties directly. Inlock will merely act as the intermediary recording the terms of the contract. The terms are established in a smart contract, which makes every credit agreement immutable.

In this setup, a borrower sets up their conditions using the platform. For instance, they pick the amount and choose a lock-in period based on their needs. In addition, the risk level for exchange rate fluctuation may be customized.

Overall, the process is fast, and it will eliminate the need for extra credit checks. This is because borrowers offer collateral, which is easy to convert into fiat. In essence, this platform does not just solve the issue of spendability of crypto; it also serves as a gateway into the booming crypto market for institutional investors.

INLOCK Benefits

Hold It

A growing number of people globally own some type of crypto. However, despite this volatility and expectation of growth in the future, the underlying issue is obvious. If you spend your crypto today, there is no way to tell how much you might lose in about 5 years.

Crypto is not as liquid as the conventional currency. Thus, when you spend crypto, you have to convert it, which comes at a cost. Crypto sold to finance a temporary issue of liquidity is often bought back at a huge loss.

Due to these issues and in the absence of a better option, the assets are underutilized. They can sit in cold storage for years. Inlock aims at eliminating the problem using crypto as collateral and reserve the option of getting back crypto repaying the loan.


Inlock borrowers are able to customize their loans with flexible terms such as the duration and the deposited amount. The process is quick and only takes a few minutes. There are no credit score checks.

This level of flexibility is also offered to lenders. They choose the borrowers by browsing through various credit requests. A collateral manager monitors the status of the collateral. If the collateral closes into the coverage point, the contract is terminated to offer maximum security to lenders.


Taking a loan with crypto as collateral unlocks liquidity for crypto. However, borrowers can gain from their crypto by paying back crypto and getting back their crypto in full. Besides interest payment, all other costs are paid with ILK tokens.

INLOCK ILK Token ICO Details

Parameters Of The ICO

  • Dates: September 15 – October 12
  • Price: $1 = 100 ILK
  • Standard: ERC20
  • Soft Cap: $15,000,000
  • Hard Cap: $27,500,000
  • Tokens for Sale: 17,100,000 ILK
  • Minimum Amount: 100,000 ILK
  • Maximum Amount: None
  • Accepted: BCH, BTC, ETH, ARK, LTC
  • Whitelist: August 1, 2018

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