The emergence of cryptocurrency brings a revolution in any sectors. the fact told so. the capitalization has reached over + $700m in 2017 showing the fact of transformation in the future. we already at this condition and we're going to the point. surely changing many sectors of human life being. as the social creature being. human also economic creature being also who have to fulfill their needs to continue life. we can obviously see the challange that have to face by the human being to fulfill their need. there is the moment they need credit fund when the unpredictable moment happening in their life. whether about the healthiness, unpredictable fund or anything else. As we know nowadays the loan fund needs to through many processes and validation, that the way of the financial traditional institutions, such bank or etc. at this moment we have introduced cryptocurrency as a digital asset that can only be sold and bought and not often use as payment when using certain service. those can be used as the collateral asset to get fiat/liquid cash currency. that the problem in current condition that aim to resolve by MoneyToken. it doesn't exaggerate that MoneyToken allows customer getting some loans by considering the risk management without selling their cryptocurrency asset. surely both lender or borrowed are protected by smart contract to evading arbitrariness of authority in the ecosystem.
What is the MoneyToken
MоnеуTоkеn is a blockchain-based finаnсiаl есоѕуѕtеm thаt in mаnу wауѕ wоrkѕ аѕ a bridgе bеtwееn cryptocurrencies and trаditiоnаl currencies. It serves as a dесеntrаlizеd еxсhаngе ѕеrviсе thаt will provide loans that аrе bасkеd bу сrурtосurrеnсiеѕ. Thе соmраnу is аlѕо ѕеlling itѕ оwn сrурtосurrеnсу, whiсh is currently in thе рrе-ѕаlе round.
The Problem of Current Circumstances
The digital asset today is mainly used for different purposes; the investment crypto assets are subjected to rise and fall in value and used for trading or used to obtain other assets, the payment cryptocurrency is stable in value and is used for payments, settlements, and purchases.
Even with its enormous help to the financial world, some institutions like the banks have refused to accept cryptocurrency because of the way the banking system operates is different from cryptocurrency. In issuing of loans from the banks, many factors are involved, the insurance company, verification agency, before the bank issues the loans.
How Is the way to solve those the problems and MoneyToken Offers ?
We were knowing the fact. the decentralization comes to solve what centralization can't do. the utilities within blockchain platform offer many advantageous. the smart contract truly protects both sides for any arbitress activity and also immutable ledger makes all transaction will run transparently, efficiently and money more. eliminate any middleman and will turn it with smart contract
To be simple. MoneyToken enables you to borrow fiat fund instantly by using cryptocurrency as a collateral asset and get the certain agreed amount (fiat currency). same as loan procedure your asset will be returned if you pay the same value of the agreed amount even higher depending on the volatile the cryptocurrency
Runs in the decentralization platform and surely blосkсhаin tесhnоlоgу. MoneyToken offer and guarantee that all transactions executed by ѕmаrt соntrасt. the smart contract is one of the utility tool within the blockchain technology which using consensus agreement to protect both parties. it will not give any permission to any entities to interfere. MoneyToken ѕоlvеѕ thiѕ by аllоwing уоu to bоrrоw credit funds while uѕing уоur сrурtосurrеnсiеѕ assets аѕ соllаtеrаl. the thing уоu to is simple, do just рut uр a сrурtосurrеnсу likе Bitсоin оr Ethereum and many more and get a lоаn in the fiat currency. Onсе уоu рау back thе lоаn, surely уоu get уоur collateral bасk fund back, the collateral fund uses cryptocurrency and collect fund in fiat currency form. so simple. those process will be ruled in the smart contract without involving third party or intermediaries. even if thаt раrtiсulаr сrурtосurrеnсу hаѕ increased in vаluе during the соurѕе of that lоаn. Thuѕ, аѕ lоng, as you рау bасk уоur lоаn, you dоn’t have to worry аbоut lоѕing уоur invеѕtmеnt in that раrtiсulаr сrурtосurrеnсу.
MoneyToken presents a lending plan where the digital assets will a serve as collateral for a loan whether fiat or stable coin, which is of more advantage than the traditional banking method. When a loan is collected using BTC value as a collateral, the loan can be paid back to the USD value of the bitcoin value, the borrower hence will not be at a loss. If during the loan period the rate of bitcoin exchange drops, the funds are backed up using the collateral this is done by the client.
MoneyToken does not work itself, it is backed up by an AI Assistant called 'Amanda' that has bee automated to oversee the loan operations in the system. For middlemen, errors, it eliminates thereby making MoneyToken a transparent and flexible platform.
Why Should MoneyToken?
so clearly know by us. the concept of MoneyToken gives you chance to still having your cryptocurrency without sell you cryptocurrency when you need cash or stable. MoneyToken is a platform that allowing you to get some cash and surely create symbiosis mutualism among entities. both lender or borrowers are same important
Meet The Team
Every great project needs an even greater team. MoneyToken isn't exceptions. MoneyToken Key team consists of eight people. All of them experienced professionals with a lot offering for the development of the company. They are CEO-Founder, CTO-Founder, Finance, Business Development, Software Engineer, COO, and Support & Communication. you can kindly visit theirs personal linked In profile are provided in the MoneyToke official website to know more concerning their track record and experiences.
In addition, there are also five advisors that guide and help them in their work. One of them is Roger ver as founding bitcoin.com. everyone in the crypto world had known his existence and every breakthorugh were made. and the rest are also extraordinary men also specialized in their field. This is a great mix of professionals that will lead the company to excellent results.
MoneyToken's Roadmap
Actually, The Roadmap is ranging from 2017 to the end of 2019. In 2017. MoneyToken Team concern to form a Fundamental base which relates to the team foundation and conceptual discussion.
In 2018. The team concern to held private sale along the to present 1st and 2nd platform development. after those release in the presentation to check all the entities within the system are those stable or need more development
In the end, on 2019 Money token will release platform 3rd & 4th presentation and introduce to everyone Amanda (artificial intelligence) as SaaS (Software as a Service)surely it is one of the main primary points in the MoneyToken entire ecosystem. and when all of those ready moneytoken decentralized exchange will launched.
Token Details
Here are details of MoneyToken Coin. obviously, it is the token utility that runs all process within the system. it will run on Ethereum Platform and processed by smart contract. the detail is as follows below
Abbreviation: IMT
Token: ERC20 Token
Payment method: BTC / ETH / BCH / LTC
Token sale price: $0.005
Retail Sale Price: $0.05
Max supply: 20.440.000 IMT
Media Love MoneyToken
MoneyToken project constantly discussed and talked because of its clear vision and the breakthrough will be made. the brilliant idea of MoneyTOken has attracted the number of press to publication MoneyToken to People also giving their assessments relate to the Forty Seven Bank project. hereby introduce to you all of them are
MoneyToken Legal Support
MoneyToken Supported by AXON partner specializing In legal authority and permission in cryptocurrency industry. it means all the actions are legal and fit before the law. surely give security to all investors that MoneyToken obeys to all legal regulation and makes all transaction execute fairly.
Token Distribution
The distribution allocates for several stages. mostly distribute at the token sale it means the most allocation are poised to the investor that joined this project. the rest is distributed with proportion according to the picture.
Token Details
Here are details of MoneyToken Coin. obviously, it is the token utility that runs all process within the system. it will run on Ethereum Platform and processed by smart contract. the detail is as follows below
Abbreviation: IMT
Token: ERC20 Token
Payment method: BTC / ETH / BCH / LTC
Token sale price: $0.005
Retail Sale Price: $0.05
Max supply: 20.440.000 IMT
Further information:
I knew my review is far from completeness. there are many ideas relate to MoneyToken In your mind. For further information please take a look at their official website, as well as their official communication channels. Also, please feel freely post questions and feedback in the comment, so I can try to answer them. Thanks for reading!
