MoneyToken - Platform for Smart Loans Backed by Crypto-Assets.

binkun (25)in #cryptocurrency • 6 years ago

Introducing MoneyToken
MoneyToken is a Blockchain-based Financial Ecosystem focused on cryptocurrency-backed lending and crypto assets leveraging. This system allows borrowers to gain profits from their assets as the market rises, while reducing risk to credit providers and borrowers if the market falls.

MoneyToken consists of:

MoneyToken lending platform that provides loans in fiat currencies or stablecoin, secured by collateral in BTC and ETH;
MTC - MoneyToken’s own stablecoin;
MoneyToken decentralized Exchange service.

MoneyToken aims to resolve these issues, managing client's risks and creating a stable lending model using cryptocurrencies as a securitydeposit. Our model aims to facilitate access to credit while building a new credit market–loans backed by crypto collateral, based on the security and transparency of blockchain technology.

What makes MoneyToken unique from other lending platforms?

The platform is tailored to give out both small and large loans, from $500 to $1,000,000 and more.
No scoring or credit checks, since loans are backed by a collateral in 1:2 ratio.
In MoneyToken, credits are given out from one credit fund, which makes collecting a credit portfolio unnecessary, as opposed tothe regular p2p platforms.
Loan approval takes seconds and funds can be released almost instantaneously.
MoneyToken allows to apply for a credit not only in fiat currencies, but also in stablecoins, which is convenient in case the client plans to use the credit funds inside the cryptocurrency market.
MoneyToken's services will be available globally.
MoneyToken is an ecosystem, with it`s own stablecoin and decentralized exchange service.
MoneyToken does not use token mechanics to charge additional costs or hide services charges; instead our token plays a uniqueinfrastructure role, providing benefits to customers such as a discount on platform services.

How does MoneyToken Works?

MoneyToken is developed with Artificial Intelligence technology (AI), that is named Amanda that will assist in the loan process in the MoneyToken platform automatically. In addition to assisting in the loan process, Amanda will also feature the functionality of the MoneyToken platform prior to the official launch.

The MoneyToken project will provide you with the opportunity to receive a Bitcoin-backed loan, but users will not lose their bitcoin assets. On the contrary, they will make money when they borrow money.
MoneyToken is also a very lucrative exchange platform or exchange that is very profitable. You can trade crypto currency very easily and more practically. With a smarter MoneyToken system into a reliable Exchange platform.
Various kinds of trading operations on the MoneyToken platform will be very easy to do. MoneyToken has its own Token which is named IMT Token. IMT tokens can be purchased during the token sale.

About Token Sale
Accepted: BTC, ETH, BCH, LTC, NEM, DASH

Token Functions

Privileged terms for platform users when depositing IMT to receive Borrower Membership.
Up to 60% discount on the platform fees for Borrower Membership. When using the discount from the user’s balance, the equivalent of 50% ofthe discount in USD is charged in IMT tokens.
The opportunity to become a creditor when depositing IMT for Lender Membership
Participation in decentralized voting.

The Team