MoneyToken provides loans supported by cryptocurrency, MTC stablecoin and a decentralized exchange service.
MoneyToken is tremendous in it’s presence in the cryptocurrency, the problem has been clear enough for a while now – which spending current crypto assets can prevents cryptocurrency holders from acquiring future growth in asset values, holders who buy low requirements to sustain their investment to profit from high sales.
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 ownership. Get a loan, secured by a more volatile asset such as Bitcoin or Ethereum – and in return you receive an agreed loan amount in a stable currency. And after paying off the loan, you receive all your collateral back, even if the collateral has increased in value several times.
Furthermore, you can obtain liquid funds for immediate needs, and keep your crypto status, all at once.
Vision
In this present market development, cryptocurrency assets have acquired the characteristics of various financial instruments. Cryptocurrency can be divided with it’s quality and algorithm, into investment assets and means of payment.
In this present market development, cryptocurrency assets have acquired the characteristics of various financial instruments. Cryptocurrency can be divided with it’s quality and algorithm, into investment assets and means of payment.
Investment assets are volatile and attractive for the long term, made to make a difference between exchange rates or earn other types of income, such as from stock proof algorithms, interest rates, and so forth.
Cryptocurrency payments are made to support exchange rate stability – they are usually embedded with their own set of mechanisms, unique algorithms to regulate mining constraints or the release of new coins.
Cryptocurrency payments are made to support exchange rate stability – they are usually embedded with their own set of mechanisms, unique algorithms to regulate mining constraints or the release of new coins.
Lending Model
The MoneyToken Lending Model uses fluctuating crypto-assets as collateral for loans given in fiat or stablecoin currency.
Currencies used in participating are BTC - ETH - BCH - DASH -LTC- NEM
The MoneyToken Lending Model uses fluctuating crypto-assets as collateral for loans given in fiat or stablecoin currency.
Currencies used in participating are BTC - ETH - BCH - DASH -LTC- NEM
Benefits
• Auto loan confirmation in seconds or minutes.
• There is no requirement for credit assessment or asset verification.
• Customers manage their own lending conditions within the boundaries of the provisions of the platform.
• An option to store collateral in some cryptocurrency assets to stabilize general fluctuations of collateral and lower upward pressure on interest rates.
• Transparency of operations during the transfer and storage of a security deposit.
• Transparency of collateral evaluation and fluctuations in value from time to time for both parties.
• There is no requirement for credit assessment or asset verification.
• Customers manage their own lending conditions within the boundaries of the provisions of the platform.
• An option to store collateral in some cryptocurrency assets to stabilize general fluctuations of collateral and lower upward pressure on interest rates.
• Transparency of operations during the transfer and storage of a security deposit.
• Transparency of collateral evaluation and fluctuations in value from time to time for both parties.
MoneyToken Are For
Miners
• Avoid cash flow problems or invest in more equipment, without losing the macro cryptocurrency already mined.
Traders and investors
• Maintain your investment portfolio of cryptocurrency and use leverage to make further investments or improve your ICO liquidity symbol.
• Avoid cash flow problems or invest in more equipment, without losing the macro cryptocurrency already mined.
Traders and investors
• Maintain your investment portfolio of cryptocurrency and use leverage to make further investments or improve your ICO liquidity symbol.
ICO
• Quick access to cash, without all red tape, for short-term businesses need a token symbol of money.
• Quick access to cash, without all red tape, for short-term businesses need a token symbol of money.
Exchange
• Meet the need for extra cash while hedging exchange risks and utilizing your crypto assets.
• Meet the need for extra cash while hedging exchange risks and utilizing your crypto assets.
Platform Technical Description
• MoneyToken will use a smart contract based on Ethereum to secure the terms of the agreement.
• The collateral fund will be kept in a protected multi-signature wallet and requires 3/4 signature to access. One signature is owned by the borrower at any time, owned by the lender, third and fourth owned by the MoneyToken arbitration service.
• Multichain and contract deals will be available in the future, making
• MoneyToken a fully decentralized platform
• MoneyToken will use a smart contract based on Ethereum to secure the terms of the agreement.
• The collateral fund will be kept in a protected multi-signature wallet and requires 3/4 signature to access. One signature is owned by the borrower at any time, owned by the lender, third and fourth owned by the MoneyToken arbitration service.
• Multichain and contract deals will be available in the future, making
• MoneyToken a fully decentralized platform
Collateral Currency
• At the time of platform launch, Bitcoin and Ethereum will be accepted as collateral, these are the two crypto currencies with the largest market capitalization.
• Dash, Litecoin, and other popular cryptocurrencies included in the top 10 uppercase letters will be added as cryptocurrency backup in the third release platform.
• Adding token sales Another popular token that has gained enough confidence in the market and backed by a successful product, will be considered a future guarantee currency.
• At the time of platform launch, Bitcoin and Ethereum will be accepted as collateral, these are the two crypto currencies with the largest market capitalization.
• Dash, Litecoin, and other popular cryptocurrencies included in the top 10 uppercase letters will be added as cryptocurrency backup in the third release platform.
• Adding token sales Another popular token that has gained enough confidence in the market and backed by a successful product, will be considered a future guarantee currency.
MoneyToken Exchange
• 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.
Initial money Token
• Up to 60% discount on the platform fees for Customer membership
• Become a lender
• Participate in the decentralized decision-making system.
• 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.
Initial money Token
• Up to 60% discount on the platform fees for Customer membership
• Become a lender
• Participate in the decentralized decision-making system.
Get cash anytime and anywhere
• Card balance in USD
• Fast and easy loan cash-in
• Repay your loan
• Card balance in USD
• Fast and easy loan cash-in
• Repay your loan
Token Info
Name : MoneyToken
Token : IMT
Platform : Ethereum
Type : ERC20
Price in ICO : 0.01 USD
Private sale : 40%
Presale : 25-30%
Token sale : Up to 20%
Tokens for sale : 10,120,000
Name : MoneyToken
Token : IMT
Platform : Ethereum
Type : ERC20
Price in ICO : 0.01 USD
Private sale : 40%
Presale : 25-30%
Token sale : Up to 20%
Tokens for sale : 10,120,000
Bounty Allocation:
• Signature Campaign : 45%
• Blog/Media Campaign : 20%
• Twitter Campaign : 12,5%
• Facebook Campaign : 12,5%
• Translation Campaign : 10%
• Signature Campaign : 45%
• Blog/Media Campaign : 20%
• Twitter Campaign : 12,5%
• Facebook Campaign : 12,5%
• Translation Campaign : 10%
Distribution
Roadmap
February 2017:
• Concept Development
• Team building
• Concept Development
• Team building
June 2017:
• Platform development is in progress
• Platform development is in progress
November 2017:
• International Patent Application to protect, IP from tie platform
• International Patent Application to protect, IP from tie platform
December 2017:
• official platform announcement
• official platform announcement
February 2018:
• Private Sales round
• Private Sales round
March 2018:
• PreSale round
• PreSale round
Q1 2018 - Presentation of 1st MoneyToken platform release:
• Stablecoin as the loan currency
• Bitcoin and Ether as collateral
• Payment back to the Warranty Ratio selection
• Payment of loan using collateral
• Loan renewal option
• Initial payment option
• Amanda operates as a loan assistant
• Stablecoin as the loan currency
• Bitcoin and Ether as collateral
• Payment back to the Warranty Ratio selection
• Payment of loan using collateral
• Loan renewal option
• Initial payment option
• Amanda operates as a loan assistant
May 2018:
• Sales Token Round
• Sales Token Round
Q4 2018 - Presentation of 2nd platform MoneyToken release:
• Option to become a creditor, deposit IMT
• Multi-currency collateral; collateral multisignature collateral feature
• Exchange service
• MoneyToken Payment Card
• Referral program
• MoneyToken lending API for external platforms: exchange, wallet, mass media
• Option to become a creditor, deposit IMT
• Multi-currency collateral; collateral multisignature collateral feature
• Exchange service
• MoneyToken Payment Card
• Referral program
• MoneyToken lending API for external platforms: exchange, wallet, mass media
Q2 2019 - Presentation of 3 MoneyToken platform releases:
• Adding stable coins is more popular as a credit currency
• Get a financial license and start integrating fiat currency as a credit currency
• Adds a successful ITO token with a product that serves as a guarantee
• Mobile MoneyToken Application
• Amanda as SaaS (Software as a Service) for other financial services
• Adding stable coins is more popular as a credit currency
• Get a financial license and start integrating fiat currency as a credit currency
• Adds a successful ITO token with a product that serves as a guarantee
• Mobile MoneyToken Application
• Amanda as SaaS (Software as a Service) for other financial services
Q4 2019 - Full Decentralization and Phase 4 of the platform release:
• MoneyToken decentralized release launch
• Decentralized decision-making system
• Swap Atom and multi-chain transactions, smart contract deals.
• MoneyToken decentralized release launch
• Decentralized decision-making system
• Swap Atom and multi-chain transactions, smart contract deals.
Team
• Alex Rass - CTO, Co-Founder
• Jerome MacGillivray - CEO, Co-Founder
• Jerome MacGillivray - CEO, Co-Founder
Key members
• Jeffrey Chudy - Finance
• Ryan Swan - Software Engineer
• Alex Fisun - COO
• Owen Byrne - Project Management
• Klim Davies - Business Development
• Annette Miller - Support & Communication
• Jeffrey Chudy - Finance
• Ryan Swan - Software Engineer
• Alex Fisun - COO
• Owen Byrne - Project Management
• Klim Davies - Business Development
• Annette Miller - Support & Communication
The local ambassador
• Davide Lombardi - Italy
• Kohei Noda - Japan
• Davide Lombardi - Italy
• Kohei Noda - Japan
Counselor
• Roger Ver
• Mate Mate
• David Allen Cohen
• Steve Rubakh
• Didi Taihuttu
• Sally Eaves
• Roger Ver
• Mate Mate
• David Allen Cohen
• Steve Rubakh
• Didi Taihuttu
• Sally Eaves
For More Information:
Website:
White paper:
Telegram:
Medium:
Twitter:
Youtube:
Authored By: Richard Ayebaesin
Bitcointalk Username: ayeba
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1642756
Website:
White paper:
Telegram:
Medium:
Twitter:
Youtube:
Authored By: Richard Ayebaesin
Bitcointalk Username: ayeba
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1642756
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