AI, BLOCKCHAIN and TRADITIONAL LOANS.
Welcome to MoneyToken, the future of instant loans for everybody, everywhere, powered by the blockchain and backed by crypto assets.
MoneyToken is a platform destined for anyone involved in the crypto world. MoneyToken is a lending service that provides loans in stable currencies (fiat or stablecoin based), secured using asset-based cryptocurrencies — BTC, ETH, BCH,etc.
WHY MoneyToken ?
MoneyToken gives you the opportunity to borrow money from the platform and get your collateral back at the end of the loan term. Collateral may be Bitcoins, Ethereum or others altcoins. As a customer, you will not lose your crypto assets and be able to benefit from the potential increase in value of those crypto assets.
As you are mostly aware, the value of Bitcoin,Ethereum,Ripple and many others have jumped 10x, 100x, 1000x for the last fews years.
With MoneyToken, you have access to funds to deal with situations such as :
- Pay for marketing;
- Pay for development;
- Invest credit funds in alt-coins;
- Pay for mining equipment
- Pay for emergency situations
HOW DOES IT WORK ?
1- Agree on the amount, duration, type and amount of collateral
2- Deposit your crypto-asset collateral in a secure storage address
3- You receive your credit funds in the agreed available currency
4- At the end of the loan term you pay back the amount of the loan plus the interest
5- On successful repayment, you receive back your crypto-assets in full
It's as simple as those steps listed above.
WHO IS AMANDA ?
Amanda — the AI agent who sit behind the platform and conduct automated loan processing, calculations and notifications. You will be able to interact with Amanda, and she is able to interact with visitors, answer questions and demonstrate the functionality of the platform.
WHERE ARE WE NOW ?
So much has been done by the team so far.
They released the whitepaper, since the 5th February, available here :
https://moneytoken.com/doc/MoneyTokenWP_ENG.pdfSo far, through their private sale, presale and token sale, they raised more than 8 millions dollars.
Lots of folks from the crypto community are backing the project on social networks such as Facebook, Twitter,
Medium, Reddit,BitcoinTalk,Steemit, etc...Mate Tokay and Roger Ver have recently joined the project as advisors. They run bitcoin.com, a company that
provides Bitcoin and Bitcoin Cash services, such as purchasing and selling these cryptocurrencies, and choosing a
wallet for both. The associated website aims to be a Bitcoin-related web portalThe MoneyToken team already did 1.4M in loans with their platform.
https://twitter.com/MateTokay/status/989038324781404160
- MateTokayThe token sale is open until the 6th June 2018. It's still possible to get a bonus.
At least but not last :
To provide assurance and protect Token Sale contributors from the falling market, MoneyToken announced that the token balance of all participants will be reassessed at the end of the Token Sale, against the value of ether and other crypto assets at that point.
If the value of ether has risen, they will reassess the number of IMTs issued to you as a contributor and increase the number of IMTs you will receive in proportion to this rise.
They will not make such a correction if the value of ETH has fallen.
TO CONCLUDE,
I have been involved in the project for more than 2 months now, I intend to use the platform very soon and believe in the project. I am not trying to convince you to invest your cryptos assets in this. You should go through the website and the whitepaper, talk to an advisor you trust before making any kind of investment.
Useful Links :
Website : https://moneytoken.com/
Whitepaper : https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Medium : https://medium.com/@moneytoken?source=post_header_lockup
crypto_gab
https://bitcointalk.org/index.php?action=profile;u=1019285