MoneyToken - Blockchain Based Financial Ecosystem
Introducing MoneyToken
MoneyToken is a Blockchain-based Financial Ecosystem focused on cryptocurrency-backed lending and crypto assets leveraging.
The main concept of MoneyToken revolves around the idea that our innovative economic model allows you to hold onto your cryptocurrency and spend cash at the same time.
Why is a Money Token unique? see this video ↓↓↓
To gain access to the Token Sale, all users should join the MoneyToken
at : https://tge.moneytoken.com/
Token Sale instructions : https://medium.com/@moneytoken/private-sale-instructions-996a2c59e2b1
MoneyToken consists of:
- MoneyToken lending platform that provides loans in fiat currencies or stablecoin, secured by collateral in BTC and ETH;
- MTC - MoneyToken’s own stablecoin
- MoneyToken decentralized Exchange service.
How MoneyToken Works
MoneyToken is developed with Artificial Intelligence technology or better known as AI (Artificial Intelligence). Intelligence technology is named Amanda that will assist in the loan process in the MoneyToken platform automatically. In addition to assisting in the loan process, Amanda will also feature the functionality of the MoneyToken platform prior to the official launch.
The MoneyToken project will provide you with the opportunity to receive a Bitcoin-backed loan, but users will not lose their bitcoin assets. On the contrary, they will make money when they borrow money.
MoneyToken is also a very lucrative exchange platform or exchange that is very profitable. You can trade crypto currency very easily and more practically. With a smarter MoneyToken system into a reliable Exchange platform.
Various kinds of trading operations on the MoneyToken platform will be very easy to do. MoneyToken has its own Token which is named IMT Token.
How does it work?
What problem does MoneyToken solve?MoneyToken has a truly innovative concept; hold onto your cryptocurrency and spend on necessary purchases at the same time.
The problem has been obvious - spending crypto assets today prevents cryptocurrency holders from gaining from any future growth in asset value; investors who buy low need to hold on to their assets in order to benefit from selling high. It's a market where everyone is conditioned to HODL.
But what if you need cash right now? Bills to pay? Equipment to buy?
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, using your BTC/ETH as a collateral.
- In return, you receive an agreed loan amount in a stable currency.
- After repaying the loan, you get your whole collateral back; even if it has increased in value multiple times.
With MoneyToken, you're now able to acquire liquid funds for immediate needs, and save your crypto position, all at the same time.
What makes MoneyToken unique from other lending platforms?
- The platform is tailored to give out both small and large loans, from $500 to $1,000,000 and more.
- No scoring or credit checks, since loans are backed by a collateral in 1:2 ratio.
- With MoneyToken, credit is provided from one credit fund, which makes collecting a credit portfolio unnecessary, a major difference from other p2p platforms.
- Loan approval takes seconds and funds can be released almost instantaneously.
- MoneyToken allows borrowers to apply for credit not only in fiat currencies, but also in stablecoins, convenient when the credit funds will be used to make payments inside the cryptocurrency market.
- MoneyToken`s services will be available globally.
- MoneyToken is an ecosystem, with it`s own stablecoin and decentralized exchange service.
- MoneyToken does not use token mechanics to charge additional costs or hide services charges; instead our token plays a unique infrastructure role, providing benefits to customers such as discounts on platform services.
How secure is the collateral?
- The deal`s conditions are captured in Ethereum-based contracts.
- Collateral funds are kept in a wallet protected by multi-signatures. To access the wallet, 3 out of 4 signatures are required. The first signature is held by the borrower, the second by the lender, and the other two remain secured on the platform.
- Multichain-transactions and multi-chain smart-contracts will be deployed in the future, allowing MoneyToken to become completely decentralized.
Get cash anytime and anywhere
⤷ Card balance in USD
⤷Fast and easy loan cash-in
⤷Repay your loan
About Tokens
Pre-sale will start on March 22, 2018, and will expire on May 1, 2018. Soft cap: $ 1.5MB and Hardcap: $ 5MM
For General Sale will begin on May 2nd, 2018 and will expire on June 6, 2018 Softcap: $ 3MM and Hardcap: $ 35MM
Token Symbol: IMT
ICO Price: 1 IMT = $ 0.005 USD
Ecer Price: $ 0.05 USD
MAximal Emissions: 20,044
Platform: Ethereum ERC20
Payment: BTC, ETH, LTC, BCH
KYC: yes
Country of Origin: United Kingdom
ROAD MAP
More info visit:
Official Website - https://moneytoken.com
Facebook - https://www.facebook.com/moneytoken/
Twitter - https://twitter.com/MoneyToken
Telegram - https://t.me/moneytoken
Whitepaper - https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
ANN - https://bitcointalk.org/index.php?topic=3278664.0
AUTHORUser name : kasmazaini88
Profil BTT : https://bitcointalk.org/index.php?action=profile;u=1939333