Blockchain can solve many financial problems including poverty. Can you believe that? Well, Micromoney, the new blockchain powered company seems to believe so and they have reasons to do that. They believe the solution is sustainable. Hence solving poverty forever is a real prospect. All they need now is your support. You don’t have to do it just for the cause, but for the money involved. You stand a chance to invest on an about to be booming platform. The token distribution starts by 18th of October. The dreams of Micromoney are based on a few facts. 2 billion people of world population still have no access to any sort of banking services. Cause of that, 500 million parents struggle to feed their children. When you give an alternative solution to this populace, poverty can be reduced immensely.
The real problem:
More than 100 nations in the world harbor a combined count of 2 billion unbanked individuals. This is a global issue. They do not have a credit history to show for and they only deal in cash. They don’t have a CIBIL score to apply for loans. Micromoney is going to change it all. It makes sure funds reach them in a timely and convenient manner.
Progress of the company:
The demand of this kind of a financial solution is high. It is always on the rise. The annual volume of the crypto economy is over 7 trillion dollars. Micromoney which started from Indonesia has invaded Myanmar, Sri Lanka and more parts of Asia already. They are all set to start Chinese, Japanese and Indian projects soon. They would subsequently reach South America, Europe, and the US. Being backed by a real product, Micromoney is all set to take over the world.
Unique features:
• Micromoney is one of the very few payment solutions that are backed by Ethereum. Your credit history is Auditable, transparent and crypto administered.
• It includes 2 billion people around the globe into the banking system. They become indirect participants in banking systems that deal in fiat currency.
• You can create a virtual identity with Micromoney. The digital identity evolves between you and your funds.
• Micromoney operates through smart contracts. They are fast, reliable and devoid of any mediators.
• Micromoney intends to expand its banking and financial services with the help of already established partners in the respective fields like remittances, p2p loans, credit/debit cards and various other solutions.
Available on all platforms:
Micromoney stars beautifully as a web platform. It represents the system very splendidly. The system extends till android in form of an app. The app has got more than 10000 downloads already and received a rating of 4.7. You can try their app for borrowers in beta right now. Micromoney is an open source platform. You can get their code on GitHub.
ICO token sale:
Through ICO, you can buy Micromoney utility token – AMM. 60 million tokens will be available for total distribution. The company plans to raise $15 million capital through token sale. The hard cap for the ICO will be $30 million. All the tokens are premined. Unsold tokens after ICO will be burned. The initial price of the token will be $1. As soon as token distribution finishes, all contributors will receive their tokens. You can contribute as low as 0.1 ETH.
MicroMoney Project Team and Official Links:
MicroMoney is already doing the business in more than 10 south east asian countries for last few years successfully, the Crowdsale will open bigger avenues for the project and it can expand to many more countries around the world. The services provided by the company are well appreciated by the customers, after the crowdsale the company intends to provide much more services with the help of its partners like omisego, everex, bancor etc. The CEO of the project is very active in marketing the project and is participating in the blockchain events around the world representing the project, with his active promotional activities the company has already raised more than 1.5 million dollars in private sale.
Micromoney is creating positive vibes all around the blockchain community and the ICO investors, I am quite positive about the project and I am sure it will easily make all the funding targets, I am posting all the official social media and relevant links about the project below, subscribe them to stay updated:
Website: https://micromoney.io/
Whitepaper: https://micromoney.io/MicroMoney_whitepaper_ENG.pdf
Facebook: https://www.facebook.com/micromoneymyanmar/
Twitter: https://twitter.com/micromoneyio
Telegram: https://t.me/micromoneyico
Medium: https://medium.com/@micromoney.io
Steemit: https://steemit.com/@micromoney
Kind Regards!