MONEYTOKEN - A REVOLUTIONARY LENDING MODEL

Nowadays, developed countries are no longer using large amounts of cash but instead use forms of ATMs and credit cards. And even credit cards, the ATM also revealed the disadvantages of these forms are still under the management, it is the bank. And the next trend is the rise of the electronic currency. As technology grows, people increasingly invent convenient ways to save time and money, according to their own needs.

Electronic money, also known as cryptocurrency, is a form of exchange that uses cryptography to secure transactions and control new currency units that are created. Accordingly, electronic money can be exchanged directly with an Internet connection device without the need of an intermediary financial institution, so the transaction fee will be greatly reduced. With electronic money, you can use it anywhere in the world and your account will not be frozen. Of course, you can use electronic money to buy everything and convert it into cash when needed. Even electronic money such as Bitcoin, Ethereum, Steem ... is also a source of financial investment efficiency.

Over the years, e-money has shown its strong growth through market capitalization and an increase in the value of this currency. A unit of cryptocurrency can be equal thousands of dollars. Therefore, it is often regarded as an asset rather than a currency. Can you use one Bitcoin to go to the market to buy vegetables? Of course not. But you take it to invest it seems to be more reasonable. Investors and miners are holding cryptocurrencies rather than using them to purchase goods and services . Users have no incentive to trade or sell them, since once they are traded, owners lose their investment position. In addition, low liquidity is a concern for those who own them. The solution is a credit model in which volatile crypto-assets act as collateral while credit is granted in a stable currency.

ABOUT MONEYTOKEN PROJECT

With MoneyToken, There Is No Longer Need to Sell Your BTC And Lose Investment Position When You Need Cash or Stable Currency.

What problem does MoneyToken solve?

The problem has been obvious for some time - spending crypto assets today removes the ability of holders to benefit from any future growth in value; holders who buy low need to hold on to their 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, collaterized with more volatile assets such as Bitcoin or Ethereum
In return you receive an agreed loan amount in a stable currency.
After loan repayment you will receive your whole collateral back even if collateral has many times increased in value.
With MoneyToken you're able to receive liquid funds and stay in your crypto position all at the same time. MoneyToken - A Blockchain based Financial Ecosystem which 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.

WHO BEHIND THE PROJECT?

The team behind MoneyToken project can be considered an advantage for the project. The team is relatively big compared to other startups and ICO projects and consists of experienced and skilled people. There are photos and LinkedIn accounts provided next to the members to prove that they are real people, as many suspicious projects refuse to showcase their members. Apart from developers, who take care of technical side of the project and developing the sole platform, there are people responsible for maintaining the contact with the community and potential investors, while the whole advertising side and marketing strategy is also in good hands. The following is the information of some key members. The rest of you can see more details at their official website:

Founder

Advisors

ICO INFORMATION

Token symbol: IMT
Token Price: 0.005 USD
Total raised: 3,548,563 USD
Token for sale: 10,120,000,000 IMT
Token supply: 22,490,000,000 IMT
Soft cap: 4,500,000 USD
Hard cap: 40,000,000 USD
Accepting: ETH, BTC, LTC, BCH
Bonus:

Private sale weeks 1-6: 40%
Pre-sale day 1: 30%
Pre-sale weeks 1-4: 25%
Token sale day 1: 20%
Token sale week 1: 15%
Token sale week 2: 10%
Token sale week 3: 5%
Token sale weeks 4-5: 0%
Note:
The Retail price of IMT inside platform will be $0,05, it is 10 times higher than the token sale price, it will be increasing over time and never lower than the token sale price. The funds received from the Retail sales of IMT will be transferred to the MoneyToken safety fund to protect lenders interests.

PROJECT EVALUATION

Advantages

The idea of the project is quite good. MoneyToken allows you to borrow high liquidity by mortgage your electronic money.
MoneyToken owns a team of experienced founders, developers and consultants in the field of financial, IT and blockchain technology. This is one of the factors that determine the success of the project.
MoneyToken accepts ETH, BTC, LTC, BCH as payment method. Safe, efficient, convenient and fast
For miner: Avoid cash flow issues or invest in more equipment, without losing your existing mined cryptocurrency.
For traders and investors: Hold on to your cryptocurrency investment portfolio and use leverage to make further investments or increase your liquidity.
For ICOs: Quickly access cash, without all the red tape, for short term business needs.
For exchanges: Meet extra cash needs while hedging exchange risks and leveraging your crypto assets.

Disadvantages

There will be competitors in technology and solutions such as: ETHLend, LendOIT, CoinLoan,... Hope MoneyToken always hold the leading position as today.

CONCLUSION

If you are seeking a promising ICO for investment purpose then you can participate in the MoneyToken ICO. The project is very well prepared from the technical and business side, with very extensive and transparent whitepapers and roadmap. I find that the project is very potential and worth investing. I will participate in this project to contribute to the development of the platform, I hope that the project will continue to grow, wish the project succeed!