Every day the crypto currency is gaining popularity. Many countries around the world have legalized the crypto currency on an equal footing with their national currency. Unfortunately, not all countries have come to a similar decision, that crypto currency is the future. And even 10 years ago, no one knew about the existence of this term. Today, more and more people use crypto currency, mainly as an investment. Over the last couple of years, many campaigns have been trying to introduce blockchain technology into their start-ups, which are aimed at simplifying certain life moments. It isn't still possible to use crypto currency as easily and conveniently as, for example, a banking card. Let's agree, it would be convenient to come to the store and pay a card, on which you have not fiat money, but crypto currency. Or another situation - you have a crypto currency, but there is not enough fiat money to buy something you need. You understand that your portfolio of crypto currency should grow and give you a good profit in future, so you dn't take them out to fiat, and besides, theirs no reason to pay a commission. In this case, you will go to the bank for a loan, where you can get the refuse to issue the right amount of money. And here is a project invading your life that will help you in this situation. And the name of this project is Money Token.
Got the debt and did not lose
If you have plans to use crypto currency as a payment instrument, then you should understand that this deprives you of the opportunity to earn on the future possible growth of these assets.
For example, if you bought a crypto currency and its value suddenly fell sharply - it's completely unprofitable to sell it. In this case, most investors hodl on to further benefit from future sales of crypto currency.
The MoneyToken platform provides you with an instant loan of fiat funds secured by volatile crypto currencies such as BTC or ETH.
After you repay the loan you will return all your collateral back in full, even if the collateral has greatly increased in value during the transaction. Hence it turns out that you have the opportunity to maintain your crypto-currency position and at the same time use the liquidity of your crypto-assets.
Amanda to the rescue
Amanda is an AI assistant who automatically performs loan operations on a platform.
It will help clients with all issues related to obtaining loans. In addition to the assistant functions, Amanda performs the role of a real AI, analyzing the client based on his first movements on the platform, thereby conducting an in-depth analysis, on the basis of which she will be able to offer additional financial services that should interest the user. Moreover, Amanda acts as an ordinary bank employee, helping to track bail, pay loans, etc.
The goal of Amanda is to provide a highly qualified service at the "human" level for the clients of the platform. This assistant should change people's attitude to banking. No suspicious managers, hidden commissions, corrections in "small print" and problems with support for transactions.
How does it work?
Cash you get directly to the card that you will be given. It is very convenient, isn't it?
- select loan terms
- deposit collateral funds
- get confirmation
- get credit funds
Conclusion
This is the points I have been able to deduce by analyzing this project, I believe the positives nevertheless outweigh the negatives and MoneyToken shows so much promise of being a very successful project.
More information about the project:
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