MONETO is a loan service, through which users will be able to receive fiat money on the security of Bitcoin online and almost instantly.
The optimal and effective solution to this problem will be MONETO — the special online cryptocrediting service. With the help of this unique project, players, specialized in trading with Bitcoin, will be able to promptly withdraw fiat money on the security of the cryptocurrency and buy back the cryptocurrency with a small commission.
Moneto
The optimal and effective solution to this problem will be MONETO — the special online cryptocrediting service. With the help of this unique project, players, specialized in trading with Bitcoin, will be able to promptly withdraw fiat money on the security of the cryptocurrency and buy back the cryptocurrency with a small commission.
MONETO will provide an opportunity to take a loan on the security of Bitcoin as quickly, conveniently and safely as possible. A participant in the platform will be able to choose the best loan conditions by creating an application for a loan. It is planned that the maximum amount of a loan will be up to 70% of the collateral’s current value.
The user will be able to return the deposit by paying a small commission. If he or she does not take advantage of this opportunity, the mortgaged Bitcoin will go to the platform. Then it will be sold on the exchange. Money is transferred directly according to the payment information provided. In order to get a loan, the borrower needs to go through the identification process.
Token Information
Token Name : MONETO
Token Symbol : MTO
Token Standard: ERC20
Maximum token supply : 42 901 786 MTO
Available in public token sale : 30 031 250 МТО
The MTO token (MONETO) is a utility token (useful token), or internal project coin. The MTO token is an excellent opportunity for potential project investors to gain access to various services after the launch of the Moneto. Therefore, for owners of MTO tokens, it is possible to issue a loan on more favorable terms in comparison with ordinary borrowers: a reduction in the interest rate for the use of a credit or the execution of a loan for the longest possible period.
There will be an opportunity to lower the interest rate received on loan using partial token compensation. The range of available services will depend on the number of purchased MTO tokens. Clients will be able to buy tokens within the PRE-ICO and ICO, and after their completion, on specialized exchanges as well. MTO tokens will be released in a fixed amount, which will ensure an increase in their value in the future with the expansion of the MONETO service. The initial release of the tokens will be launched by the technical standard ERC20 on the Ethereum blockchain using a smart contract. The smart contract source code will be published on Github before the Pre-ICO.
Pre-ICO Information
Within the PRE-ICO, 2 531 250 MTO will be offered for sale. All raised funds will be used to develop the service and the marketing of ICO. All unsold tokens in the course of PRE-ICO will be sold during the ICO.
The duration of the PRE-ICO is 30 days.
Start PRE-ICO : 17 April 2018, 08:00:00 GMT;
The duration of PRE-ICO : 30 days;
Minimum contribution : 0.008 ETH or its equivalent;
Cryptocurrencies accepted : ETH
The preliminary price of the token for PRE-ICO : 1 МТО token = 0.0008 ETH;
Hard cap for PRE-ICO : 1500 ETH
Bonus : discounts will decrease progressively from 35% to 5% in the following order:
1st week : 35%
2nd week : 15%
3rd week : 5%
ICO Details
Within the ICO, 27 500 000 MTO will be offered for sale. The transaction will be made through an ICO smart contract. Within the transaction, the user will be able to buy the required number of tokens at the rate, taking into account the current bonus discounts. Purchase of a certain amount of internal coins of the project allows you to gain access to service opportunities, take a loan on more favorable terms. If you do not achieve a soft cap, all funds will be returned to investors’ purses (without GAS). All unsold tokens will be destroyed. The ICO period lasts 30 days.
Start PRE-ICO : 10 June 2018,08:00:00 GMT
The duration of ICO : 30 Days
Minimum contribution : 0.001 ETH;
Cryptocurrencies accepted : ETH
The preliminary price of the token for ICO : 1 МТО token = 0.001 ETH;
Soft cap for ICO : 2500 ETH
Hard cap for ICO : 25000 ETH
After the ICO, new tokens will not be issued
Bonus : discounts will decrease progressively from 10% to 3% in the following order:
1st week : 10%
2nd week : 7%
3rd week : 5%
4th week : 3%
Distribution of MTO tokens
Bounty : 2%
Marketing and promotion : 5%
Advisors, partners, early investors : 5%
Team : 7%
The founders (Escrow) : 11%
Token Sale campaign : 70%
Moneto team
Official Website : https://mone.to/
White Paper : https://s3.us-east-2.amazonaws.com/moneto-whitepaper/moneto_whitepaper.pdf
Telegram : https://t.me/Mone_to
Facebook : https://www.facebook.com/Moneto-ICO-210668832840975/
Twitter : https://twitter.com/monetoteam
Bitcointalk Ann Thread : https://bitcointalk.org/index.php?topic=3076878.0