ICO review - #Moneto 🚀
💥Good day my friends, I greet everyone on my blog! Today I will tell you about a very interesting ICO project. We will discuss how Moneto implementing blockchain technologies in a decentralized industry, and we will also talk in detail about the details of the ICO.
🚀Moneto provides users with a unique version of the loan money. To receive so-called credit, users need to transfer a certain number of bitcoins simply as collateral and after that you can count on a successful loan. This version of the loan is very convenient, as before, for example, to get or buy coins that you need, you were forced either to sell your crypto-currencies or buy them for fiat money. With the Moneto system, everything has become much easier: you get a loan, and at the end of the period you return the loan amounts and small commissions for use. The team also developed various loan options. You will be able to take the amount of 70% of this as a deposit of bitcoin at the rate of obtaining a loan, but such a loan is high-risk, so if the borrower fails to fulfill obligations, such a loan will be sold, the standard option - up to 50% of the cost of the bitcoin provided as collateral. Loan commissions will be minimal, all costs and expenses will be settled in a fixed currency.
- How does it work? Easy. You are thinking about what amount of bitcoins you have or what amount of money you want. Then you get Moneto offer and accept it. Your next step is to provide your payment details. It worth mentioning that you will need to give only your card number and nothing else, and this is very important for me. Then you need to transfer bitcoins and have a look at your account - the cash will be in. Your last step is to wait a certain amount of days to buy your bitcoins back at the same rate. The company has a really low fee, which certainly makes me glad.
- On the Moneto platform, the client in any case provides any collateral. In the market, crypto-currencies already operate similar services, but not all are provided with a security deposit. On the one hand, it is convenient for the client - it does not require any material guarantees from him, but such processes are disastrous for the system itself, as ill-conceived loan repayment options will cause irreparable harm to creditors and the system as a whole. In Moneto, loans are secured by 100%, which excludes the possibility of fraud or deception on the part of borrowers.
Watch this project in more detail by watching this video
🚀 ICO details
- Start ICO 10.06.2018
- Token name - MTO
- Token type - ERC-20
- Token price - 1MTO = 0.01 ETH
🚀Why is it worth supporting this project:
Team Moneto, absolutely all of its employees are working for the benefit of the company and are always ready to help in any matter. They are always in touch and do not lose sight of. Indeed, at the current moment, when we are talking about ICO projects, this fact is very important.
All the prototypes made by the Moneto development team are publicly available, right now you can get acquainted and try this system.
Moneto participates in every possible crypto, blocking forums, conclude serious contracts.
After reading this blog, you probably will have questions. Be sure to ask them in the official sources of Moneto: