Money Token - Cryptocurrency Backed Loan Platform

in #moneytoken7 years ago (edited)

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Story:
Every one has heard about Pizza buying story:
when a developer bought 2 Papa John’s pizzas with 10,000 units of BTC.
Don't you think he is idiot !!!! Yes, He is. But at that time that guy don't know the future value of BTC and he needs money instant.
Now, If any crypto lover want's money they don't have to sell their BTC.

Thinking WHY ???

Here is the solution: Money Token

With MoneyToken, there is no reason to sell your BTC when you need cash or a stable currency. MoneyToken provides loans supported by crypto, MTC stablecoin and a decentralized exchange service.

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.

Vision:

At this stage of market development, they see that the cryptocurrency assets have acquired the characteristics of various financial instruments. We can divide cryptocurrency with their quality and algorithm, into investment assets and means of payment.

Investment assets are volatile and attractive for the long term, made to make a difference between exchange rates or earn other types of income, such as from stock proof algorithms, interest rates and so on.

Cryptocurrency payments are made to support exchange rate stability - they are usually embedded with their own set of mechanisms, unique algorithms to regulate mining constraints or the release of new coins.

How it Works ??

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The MoneyToken Lending Model uses fluctuating crypto-assets as collateral for loans given in fiat or stablecoin currency.
The list of advantages of this model is compared to traditional banking schemes or pawnshops

Key Factors

1))Miners
Avoid cash flow problems or invest in more equipment, without losing the macro cryptocurrency already mined.

2))Traders and investors
Maintain your investment portfolio of cryptocurrency and use leverage to make further investments or improve your ICO liquidity symbol.

3))ICO
Quick access to cash, without all red tape, for short-term businesses need a token symbol of money

4))Exchange
Meet the need for extra cash while hedging exchange risks and utilizing your crypto assets

5))AI Based Platform

Behind MoneyToken is Amanda. Amanda is an Artificial Intelligence Assistant who will provide automated loan operations within the platform.

Amanda is powered by a deep learning AI algorithm, and her goal is to provide human-like services for the platform users. Besides functioning as a loan assistant, Amanda acts as a true AI, analyzing clients activity on the platform from their first steps, through to loan completion in order to generate predicative actions; for example being able to offer additional financial services, tracking collateral performance, monitoring loan repayments and due dates – all the functions required within an ecosystem that is not managed by any central authority.

Amanda helps remove the need for middlemen and managers, hidden commissions and fees, and obscure terms written in the ‘small print’ of contracts; all the bad practices of traditional banking.

6)) MoneyToken Bank Card

Screenshot-2018-5-24 MoneyToken.png

Token Info
Name : MoneyToken
Token : IMT
Platform : Ethereum
Type : ERC20
Price in ICO : 0.01 USD
Private sale : 40%
Presale : 25-30%
Token sale : Up to 20%
Tokens for sale : 10,120,000

Official Links
Website : https://moneytoken.com/
Whitepaper : https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Telegram : https://t.me/moneytoken
Twitter : https://twitter.com/MoneyToken

Author:
Bitcointalk User Name: CryptoFanSpecial
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2042703