MoneyToken Financal Platform

Money Token is a decentralized budgetary biological system of virtual resources that enables its financial specialists to rapidly take out credits for the measure of advanced resources left in return, for example, ETH, Btc et cetera. Cryptographic forms of money have increased broad communications footing particularly amid the most recent few years. The ricochet in the costs amid this time period have made overnight moguls around the world. Numerous individuals, who put ahead of schedule in the cryptocurrency space multiplied, tripled or even quadrupled their underlying speculations, because of the brilliant ascent in the estimations of the cryptographic forms of money. Clearly cryptographic forms of money are presently seen as resources for capacity of significant worth, not as a method of payment as nobody needs to lose their position (value they paid for purchasing the cryptocurrency) over the long haul.

With MoneyToken, there is no motivation to offer your BTC when you require money or a steady cash. MoneyToken gives advances upheld by crypto, MTC stablecoin and a decentralized trade benefit.

Smart Loans

MoneyToken takes cryptocurrencies as collateral for loans in exchange for liquid funds such as fiat currency and stablecoin. This enables borrowers to spend their cryptocurrency in stores that haven’t yet adopted it as a mode of payment. It features a fixed term loan repayment arrangement wherein the amount that the borrower has to payback does not change even if the value of the collateralized cryptocurrency increased exponentially. This opens up avenues for cryptocurrency professionals, businesses, and enthusiasts to spend their virtual coins in real-world settings.

This could potentially mean different things to different people. For investors, the fixed terms might be inviting. For miners, the ability to use cryptocurrency as a means to get more hardware has a lot of value.

Keep Your Position as an Investor

Investing in cryptocurrencies is exciting. Its mercurial rise and fall give winners such a thrill. This is because volatility is currently a natural characteristic of cryptocurrencies. However, when an investor suddenly needs liquid funds for the short term, he has to sell his position to get fiat currency back. MoneyToken provides an option for investors in these situations to be able to have access to liquid funds yet maintain their position and keep enjoying the potential gains in the market.

When MoneyToken takes cryptocurrencies as collateral, the loan repayment computations will not be adjusted even if the virtual coin goes up or down in value. This gives the investor the freedom to spend some fiat currency through a loan but not suffer a decrease in crypto-asset value.

Who is the platform for?

Miners

Avoid cash flow issues or invest in more equipment, without losing your existing mined cryptocurrency

Traders and investors

Hold on to your cryptocurrency investment portfolio and use leverage to make further investments or increase your liquidity

ICOs

Quickly access cash, without all the red tape, for short term business needs

Exchanges

Meet extra cash needs while hedging exchange risks and leveraging your crypto assets

Amanda

A huge part of the draw of MoneyToken’s service is its deployment of one of the first Artificial Intelligence and blockchain integration. Nicknamed Amanda, the AI is to serve as the company’s loan originator, credit assessor, and the account’s loan officer. This creates an environment where loan approvals don’t have to depend on human discretion. There will be no credit checks as loans can only be approved with the attachment of a collateralized cryptocurrency.

What problem does Money Token solve?

The problem has been obvious for some time - spending crypto assets today prevents cryptocurrency holders from gaining on any future growth in asset value; holders who buy low need to hold on to their investments in order to benefit from selling high.

This is where MoneyToken steps in. The MoneyToken platform allows you to borrow liquid funds instantly, based on the current value of your cryptocurrency asset holdings. You take out a loan, collateralized with more volatile assets such as Bitcoin or Ethereum - and in return you receive an agreed loan amount in a stable currency. And after repaying the loan you receive your whole collateral back even if the collateral has increased in value multiple times.

This way, you're able to acquire liquid funds for immediate needs, and save your crypto position, all at the same time.

About Tokens

Name: MoneyToken
Token: IMT
Platform: Ethereum
Type: ERC 20
ICO Price: 0.01 USD

Conclusion

So, is MoneyToken worth your attention?

That’s a definite yes.

The less than ideal adoption rate of cryptocurrency as payment in small to medium scale businesses makes fiat currency still very much relevant. As long as cryptocurrency is still treated as an asset as opposed to real currency in exchange for goods and services, MoneyToken has a place in the cryptocurrency industry.

For more information, visit the links below :

Website : https://moneytoken.com/

Whitepaper : https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf

Bounty : https://bitcointalk.org/index.php?topic=3407082.0

Abstract : https://moneytoken.com/doc/Abstract.pdf

Telegram : https://t.me/moneytoken

Medium : https://medium.com/@moneytoken

Twitter : https://twitter.com/MoneyToken

Youtube : https://www.youtube.com/channel/UCz9r7r5BSoq4eE6guMa7P-w

Autor:https://bitcointalk.org/index.php?action=profile;u=1929962