INTRODUCE MONEYTOKEN

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Hello gusy,welcom back to my blog 🙂

This time I will explain a little about Money Token

MoneyToken is a bright example of the real use of blockchain technology, as well as offering a massive boost for crypto market liquidity for all market players, and especially for businesses



https://moneytoken.com/ [nofollow]

Our 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 di erence between rates of exchange or getting other types of earnings, such as from proof-of-stake algorithms, rate in interest and so on.
Payment cryptocurrencies are created to support the stability of the rate of exchange – they usually are embedded with a self-regulation mechanism, a unique algorithm to regulate the di culty of mining or the release of new coins.
The problem is that, even if the new functional cryptocurrency has a capitalization of several million, it’s probably not recognized by the pre-existing fiat financial system as an asset. Even if on the governmental level the cryptocurrency has a certain status, the banking system and its loan services are closed for the cryptocurrency business or the holders of such an asset.

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.

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.
Who is the platform for?
Miners
Avoid cash flow issues or invest in more equipment, without losing your existing mined cryptocurrency
Traders and investors
Hold on to your cryptocurrency investment portfolio and use leverage to make further investments or increase your liquidity
ICOs
Quickly access cash, without all the red tape, for short term business needs
Exchanges
Meet extra cash needs while hedging exchange risks and leveraging your crypto assets
At the MoneyToken exchange service, users will be able to purchase and exchange cryptocurrency assets, as well as fiat funds.
MoneyToken exchange will be used for automation collateral liquidation in cases of collateral currencies price drop.
IMT Token
Name: MoneyToken
Symbol: IMT
Token selling price: $ 0.005
Retail Price: $ 0.05
Max. emission: 20,044
Private Sale: Feb 07 – 21 Mar Soft Cap: -. Hard cap: $ 1.5MM
Pre-Sales: March 22 – May 1st Soft seal: $ 1.5MB. Hard coverage: $ 5MM
Token Sale: May 02 – Jun 06 Soft seal: $ 3MM Hard cap: $ 35MM
Retail Sales: Jun 07. Soft seal: -. Hard cap:
The Retail Price of IMT will be higher by x10 of the final price on the Token Sale, as it is unlimited and will increase in the future and will never be eliminated any lower than the Token Sale price.
Funds received from Retail sales will be transferred to the Safety fund to secure the interests of the lender. The fund’s security mechanism is explained in detail on our white paper. We will refund the money if the soft hat will not be achieved. All unsold tokens will be burned

Bonus
Private Sales: 1 – 6 weeks – 40% PreSale
First day – 30%
Week 1 – 4 – 25%
Sales Token
Sales Token
0-10MM – 20%
10-20MM – 15%
20-25 mm – 10%
25-30 mm – 5%
30-35 mm – 0%
Legal Status of the IMT Token
IMT tokens are utility tokens.
IMT tokens do not share the properties of paper securities.
To ensure compliance with anti-money laundering (AML) policies, Know Your Client (KYC) procedures will be implemented.
Roadmap
~February 2017
Concept development
Formation of the team
~June 2017
Platform development underway
~November 2017
International Patent filing to protect, the IP of tie platform
~December 2017
Official announcement of the platform
~February 2018
Private Sale round
~March 2018
PreSale round
Q1 2018 — MoneyToken
platform 1st release presentation
Stablecoin as a loan currency
Bitcoin and Ether as a collateral
Repayment to Collateral Ratio selection
Loan repayment using collateral
Loan term extension options
Early repayment options
Amanda operating as loan assistant
May 2018
Token Sale round
Q4 2018 – MoneyToken
platform 2nd release
presentation
Options to become a lender, depositing IMTs
Multi-currency collateral; multisignature collateral custody feature
Exchange service
MoneyToken Payment Card
Referral program
MoneyToken lending API for external platforms: exchanges, wallets, mass media
Q2 2019 — MoneyToken
platform 3rd release
presentation
Adding more popular stable coins as credit currencies
Obtain financial licences and begin integration of fiat currencies as credit currencies
Adding successful ITO tokens with working products as collateral
MoneyToken Mobile App
Amanda as SaaS (Software as a Service) for other financial services
Q4 2019 — Full
decentralization and
Phase 4 of platform
Release
MoneyToken decentralized exchange launch
Decentralized decision making system
Atomic swaps and multi chain transactions, smart-contract deals
Team
Founders and Key members
 
Local ambassadors

Enough of me about MoneyToken

For more information about MoneyToken visit the link below:
KUNJUNGI JUGA WEBSET KAMI : https://moneytoken.com/ [nofollow]
WITEPAPER  KAMI: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf [nofollow]

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