"MoneyToken" Falling market protection service. ICO LIVE.
Someone believes in the future of Ethereum, someone believes in NEO, someone decided to hold GBG - everyone has their own strategies in mind. And how it is sometimes a pity to withdraw this money to the Fiat, when you urgently needed Fiat money. And how unpleasant it is to lose blood percentages on exchange commissions or bearish trends, when one wants to place a warrant higher, but there is no time to wait. There would be a system that issues loans on the security of crypts almost instantly, while you do not need to touch the crypto. Now, it would be cool.
Stop. In general, you noticed that loans are not quite like, honestly? Why do we need such projects that drive people into bondage and make them slaves? Correctly! And this project is not at all about this. This project is about a completely different approach to debt between people.
MoneyToken system makes the lending process easy and fast. This is a new approach to the process - the creation of a smart contract on the Blockchain between the borrower. The borrower is sufficient to secure the loan with a pledge in the cryptocurrency in which he deems it necessary.
The essence of the work is simple. The borrower changes its cryptocurrency to IMT tokens, and displays the required amount with their help. But at the same time, the mortgaged crypto currency is in its control on the MoneyToken exchange. Thus, both the loan is received and the pledged money can be managed at its own discretion.
Loans are available now, for 6% per month. By the end of the year, it is planned not only to issue loans, but also to become creditors. I even went to the chat room of the project and clarified this information.
MoneyToken will be convenient for almost all target audiences associated with the crypto. For example, it is convenient for miners to buy equipment. The founders of the projects will be able to borrow funds to start the ICO, without touching their investment portfolio. And in the future, ordinary people from the phiatic world will be able to borrow and give out loans, and it will be so convenient that it will not be necessary to understand all the intricacies of the crypto world. In fact, people will simply help each other out with money, without communicating with intermediaries in the form of banks.
Differences from banks:
- credit approval automatically, without a human factor;
- there are no requirements for credit history;
- users themselves choose the terms of mutual crediting;
- pledge in any crypto currency;
- transparency of all operations.
Smart Contract: Ethereum (ERC20)
Start ICO: May 2, 2018
End of ICO: June 6, 2018
Soft cap: Passed
Hard cap: $ 41.5M
Issue: 20,044,000,000 IMT tokens
Price of the token: $ 0.05
Accepted currency: BTC, ETH, LTC, BCH.
Frankly, I'm a little shocked by this project. He really can save mankind from the need for banks in the very near future. In this project, the striking role of Blockchain technology, a strong team, The project MoneyToken is worth getting accustomed to, if there is a desire to invest in something. Until the end of the ICO is only 3 days.