MoneyToken ICO reviews| MoneyToken — a blockchain-based financial e...

MoneyToken provides crypto-backed loans,
stablecoin MTC and a decentralized exchange service

The-Pre-Sale Round

Detaily ICO:

Initial Money Token (IMT)

Up to 60% discount on the platfromBecome a lender
Become a lender
Participate in the Decentralized decision-making system
fees for Customar Membership.

Introducing MoneyToken

MoneyToken Vision

At this stage of the market’s development, we see that cryptocurrency assets have gained the characteristics of various financial instruments. We can divide cryptocurrencies by their qualities and algorithms; into investment assets and means of payment.

Investment assets are volatile and compelling for the long term, made to earn on the dierence between rates of exchange or getting other types of earnings, such as from proof-of-stake algorithms, rate in interest and so on.

What problem does MoneyToken solve?

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.

MoneyToken Lending Model

MoneyToken’s lending model uses fluctuating crypto-assets as collateral
for a loan provided in fiat currency or stablecoin.
The list of the advantages of this model versus traditional banking or pawnbrokers’ schemes:

Automatic confirmation of the loan within seconds or minutes.
No requirement for credit scoring or verification of assets.
The customer regulates the loan conditions on their own within the confines of the platform’s terms.
An option to deposit the collateral in several cryptocurrency assets in order to stabilize the general fluctuation
of the collateral and lower any upward pressure on interest rates.
Transparency of the operation during both transfer and retention of the security deposit.
Transparency of collateral evaluation and the fluctuation of its value over time for both parties.

Interest rates for this type of loan can be settled using the collateral value or paid o in crypto- or fiat currency, in
which case the security deposit will be returned immediately after the settlement.

Introducing Amanda

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.

Who is the platform for?