Friday, April 6, 2018

Powerloan Lending Program



POWERLOAN utilizes SHA256 algorithm to create an independent and self-regulated funding system that allow our owners to participate in giving micro loans and earning more coins through referral, mining and trading.
Earn daily interest when you loan your POWERLOAN Coin. Different duration of loan generate different interest rates.

  • Loan Package A
    Duration: 60 days
    Principle Interest: Up to 1.5%
    Base Interest: 0.25%
    Early Withdrawal Penalty: 5%
  • Loan Package B
    Duration: 90 days
    Principle Interest: Up to 1.5%
    Base Interest: 0.35%
    Early Withdrawal Penalty: 6%
  • Loan Package C
    Duration: 180 days
    Principle Interest: Up to 1.5%
    Base Interest: 0.50%
    Early Withdrawal Penalty: 7%
Multipliers are given based on the loan amount for each lending package.
  • Standard Loan Level
    Amount: $0.01 to $1000.00
    Package Multiplier: 1.10
  • Boss Loan Level
    Amount: $1000.01 to $5000.00
    Package Multiplier: 1.20
  • VIP Loan Level
    Amount: $5000.01 and above
    Package Multiplier: 1.35
Daily Interest Calculation  Daily Interest = Daily Principle Interest + (Daily Base Interest * Bonus Multiplier) + Daily Referral Lending Bonus

Benefit network of referrals before our Pre-ICO starts from 5 tier of bonuses for both PreICO/ICO purchases and daily lending interest after ICO.

Below are the bonuses offered:
Tier 1 - Crowdsale Bonus 8%, Daily Referral Loan Bonus 0.25%.
Tier 2 - Crowdsale Bonus 4%, Daily Referral Loan Bonus 0.20%.
Tier 3 - Crowdsale Bonus 2%, Daily Referral Loan Bonus 0.15%.
Tier 4 - Crowdsale Bonus 1%, Daily Referral Loan Bonus 0.05%.
Tier 5 - Crowdsale Bonus 1%, Daily Referral Loan Bonus 0.05%.

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
PreICO sale at $0.50.

ICO price will start at $0.75 and ends at $1.10.
Funds gathered during the offering will be used in multiple efforts
to ensure our payout of interest is consistent and sustainable. 

Allocation
35% - Investment in businesses targeting consumer grade renewable energy technology and smart home technology in tropical countries where solar is optimum throughout the year. Creating OEM products that are affordable to end consumers
35%  Creation of tokenized green energy and technology blockchain, where tokens can be utilized to procure services from green datacenters and e-services. 30% of new tokens will be airdropped to POWERLOAN owners.
20% - Post-ICO marketing. To ensure demand in POWERLOAN token continues to increase after the ICO. This will ensure stability in token price and long term rewards.
10% - Running the operation and keeping the lights on. 


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