Initial Loan Procurement
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What is Initial Loan Procurement?
ILP is a fundraising method that enables blockhive to expand its ecosystem by procuring loans. Creditors earn interest on the funds they lend to the company. ILP is innovative in that: 1) The loan agreements are digitally signed on Agrello’ s legal platform.
2) The Loans are transferable using access tokens we call FLAT, which stands for Future Loan Access Token.
3) Creditors lend funds in Ethereum (ETH), and are paid interest in ETH.
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