Moneytoken - Review ICO

With the advent of crypto currency, the behavior of users, owners of miners turned out to be very different, not as expected. Instead of becoming a real virtual coin to buy goods and services. Crypto currency has become a long-term perspective investment.

This system allows borrowers to profit from their assets as the market grows, while reducing the risk for credit providers and borrowers if the market is on the decline. Platforms that try to mediate with crypto-currency loans between individual lenders and borrowers usually do not provide the proper quality of service for their customers. Volatility of collateral at a price creates an onerous risk, both for the borrower and for the lender. MoneyToken seeks to address customer risk management issues and create a stable lending model with crypto collateral. The business model is aimed at facilitating access to credit when creating a credit market. Here, all risks are undoubtedly leveled due to the peculiarities of blockchain technologies. All processes become transparent and unique.

Advantages of the project model in comparison with the traditional schemes of banking:

-Automatic credit confirmation in a matter of seconds;

Absence of penalties for credit systems for assessing customers and their assets;
The borrower himself establishes the terms of the loan and regulates the issues directly on the platform;
The platform has the right to transfer to individuals or legal entities liens in several crypto assets, to stabilize the process and the stability of rates;
All transactions and transactions are absolutely transparent and safe;
Transparency of assessing collateral and fluctuations in its value over time for both parties.

For all this system is assigned assistant Amanda, namely artificial intelligence, which provides automatic credit operations in the system. In addition, it scans the client, its behavior on the platform, helps to track the collateral, repayment of the loan. The purpose of the assistant is to provide user services.

IMT and ICO tokens
Tokens owners have privileged conditions when using the platform when they receive IMT for membership. They receive a 60% discount on the commission for fees for participation. When applying a discount on the balance, the user equivalent of 50% of the discount in US dollars is charged in tokens. Carriers can become creditors when making coins for membership. In addition, there is the possibility of participation in decentralized voting.

A number of currencies are allowed for participation: BTC, ETH, LTC, DASH, NEM, BCH.

The cost of one coin is $ 0.005, the selling price is $ 0.5. The maximum output was 20.044 billion units. The preliminary stage of sales ended very recently, namely on May 1, where the soft cap is 1.5 million, and the hard cap is 5 million. The main stage from May 2 to June 6 has already begun (softcap 3 million, hardcap 35 million dollars).

The selling price of the token will be 10 times higher than the final price in the main stage. This is because it is not limited and will increase in the future and never fall below. The proceeds from retail sales will be transferred to the Security Fund to ensure the interests of creditors. The funds are returned if the soft cap is not reached, and all unsold coins are burned.

The distribution of IMT is as follows:

The largest share of funds allocated to reserve funds (40%) and sales to the main stage (36.42%). On the bounty, 1% of tokens were allocated.
Bonuses are very generous, and during the preliminary sales you could get bonuses of 40%, 30% and 25%. At the main stage, bonuses depend on the number of funds received. So up to 10 million the gain will make 20%, up to 20 - 15%, up to 25 - 10%, up to 30 - 5% and up to 35 - 0%.

Roadmap

In February 2017, the development of the concept and the formation of the team began. Already in June the creators actively developed the platform and by December they officially announced the project. In February 2018, they launched a round of pre-sales. By May, launched the main sale of coins.
By 2019, developers will launch a third platform release with improvements, additions of new licenses, currencies, mobile applications and other financial services. By the fourth edition, the launch of decentralized exchange on the platform, the decision-making system and transactions on transactions on smart contracts will be added.

Team Moneytoken

Thus, this development is a unique example of the introduction of artificial intelligence and blockchain technologies in the banking system. Of course, this gives many advantages that provide a safer lending process for both parties. The project is promising and does not stop in development. Follow the news.

Contact the project team, as well as advisers and ambassadors you can link to the official page: https://moneytoken.com/

Whitepaper: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Telegram: https://t.me/moneytoken
YouTube: https://www.youtube.com/c/MoneyToken
Medium: https://medium.com/@moneytoken
Twitter: https://twitter.com/MoneyToken
Facebook: https://www.facebook.com/MoneyTokenOfficial/
GitHub: https://github.com/MoneyToken/

AUTHOR OF THE ARTICLE: Denis_Ronin
Myetherwallet: 0x945A857a0FCcE8870e5B04B8f64824e57B920f19
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1135517