Money Token: Blockchain Financial Ecosystem
Money Token platform is a Block (Block-Chain) based financial system. Money-Token gives virtual asset-backed loans, MTC, Stable coin, and a decentralized exchange services. Spending virtual assets would not let an investors advantage from the next rise in their worth, that is why a lot of investors purchase less digital money and hodl to reap next advantages. Money Token is a virtual asset platform allowing investors to borrow diff liquid funds rapidly by enabling you to borrow on the worth of your digital currencies assets holding existing worth.
More about Money-Token:
With Money Token, there is no reason to sell your BTC when you need money or stable money. Money Token gives crypto-based loans; MTC, Stable coin and a block-based decentralized services. The issue has been clear some time – spending virtual assets now stops virtual money holders from gaining on any upcoming development in asset value; owners who purchase less need to hold on to their investments to advantage selling at peak.
This where Money Token platform steps in. The Money-Token permits you to make use of fluid payments rapidly, based on the present value of your virtual money asset holding. You extract a loan, collateralized with some more volatile assets such as BTC or ETH, and in return, you get an agreed loan number in stable money. And after repaying the loan, you get your whole collateral back, even if the collateral has boosted in worth many times. This way, you can acquire liquid investments for quick requirements and save your digital asset place, all at the similar time.
Money-Token analysis
As we mentioned above, this Money Token platform lets you take a loan by using diff volatile assets such as ETH and BTC as collateral—in return; you will get a loan amount that is available in stable money. Once the loan is repaid, you will get back the whole collateral even if it has boosted in value.
With the Money Token Ecosystem, you attain liquid funds and preserve your crypto currency spot which keeps you in the match regarding long-run investment expansion. The benefit of Money Token is that you do not have to sell your ETH or BTC whenever you require stable Money or cash.
The Money Token block based credit system is perfect for miners who are finding it tricky to raise funds to get new crypto mining tool, for investors and traders who wish to make it huge in the digital currency sphere and for Initial Coin offerings looking to get their hands on fast cash for short time needs.
Finally, the Money Token platform can even be leveraged by crypto exchanges looking to bring down the hedging threats by securing further cash. With Money Token, intermediaries like financial institutions and banks are eliminated, and there’s complete transparency and governed by smart agreements.
ICO details
• Token Symbol: IMT
• Price: USD 0.005
• Max emission: 22.49 billion
• Private sale: Feb 7th to Mar 21th (Hard cap: 1,500,000 USD) Already ended
• Presale: March 22nd to April 12th (Soft cap: 1.5 Million USD, Hard cap: 5,000,000 USD
• Token Sale: May 2nd to June 6th (Soft cap: 3 Million USD, Hard cap: 35, 000,000 Million USD)
It looks to be a much-required service and a potentially gainful venture. But of course, we advise you to read the Money Token White Paper to decide if it is something you would be relaxed investing into. If so, go to their Official website HERE to sign up and contribute in the Money Token ICO.
Advantages and How Money Token Different from other ecosystems:
• The Money Token platform is tailored for USD 1000 – 1Million USD loans, small loans are avail too.
• By creating a novel model that unites B2B and B2C approaches, Money Token captures the most excellent features of the entire lending models. The mass of existing platforms act as intermediaries among lenders and borrowers; slowing down the whole loan endorsement and release of funds procedure, Platform operates and manages a credit fund of the systems lenders, so that loan endorsement takes moments and funds can be released almost instantly.
• Money Token supports the growth of stable coins, as we consider this is upcoming of a truly frictionless, borderless, crypto currency based payment ecosystem. The Money Token platform will provide loans in both stable coins and fiat currency: USDT, bit USD, Dai, and Money-Token’s stable coin, the MTC.
• Money Token doesn’t apply token mechanics to charge extra costs or hide services fees; instead, their token plays a sole infrastructure task, providing advantages to clients such as a discount on ecosystem commissions.
• Money-Token is planned to be rolled out and available internationally (subject to regional and national legislation)
• Money-Token is an infrastructure Plan. It is not only a loaning platform: Money-Token has its system, aimed at developing its stable coin and decentralized crypto exchange service.
For further info:
• Website - https://moneytoken.com
• Bitcointalk - https://bitcointalk.org/index.php?topic=3278664.0
• Whitepaper - https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
• Twitter - https://twitter.com/MoneyToken
• Telegram - https://t.me/moneytoken
• Facebook - https://www.facebook.com/moneytoken/
my bitcointalk profile url- https://bitcointalk.org/index.php?action=profile;u=1882321;sa=summary