What is MoneyToken?
MoneyToken is a credit demonstrate where crypto resources can be utilized as guarantee. The new stage is an advancement in the field of blockchain. It is realized that in it yet don't issue the credits. Moreover, there are different troubles in the biological system. For instance, holders of cryptographic forms of money can't make sure that their benefits from ventures will develop, they don't expect an expansion in the estimation of advantages. What's more, holders of lower ventures don't generally expect the advantages, as they can typically be acquired from the offer of higher resources.
On the off chance that there ought to emerge an event of full repayment of the credit, the borrower gets the entire measure of the Deposit to the individual record. In addition, the Deposit will be marked down paying little heed to whether it has been extended a couple of times. Thusly, the holders will have the ability to purchase liquid resources for their necessities, while keeping up their cryptographic position in an unfaltering state.
How the Lending Model Works?
Here we will find out how this ecosystem is better than its traditional counter parts like Banks or other financial institutions who provide loans.
Because of the blockchain technology and smart contracts the loan is approved and confirmed within minutes.
Unlike banks, there is no requirement of verification of assets.
The lender can set his own conditions for loans which is not an option in the traditional system.
Stable interest rates because of the option of depositing the collateral in multiple different cyptocurency assets.
High degree of transparency during the transfer of security deposits.
Security deposits ae immediately return upon settlement of loan.
The most important aspect is that you can set a stop loss on your collateral. No other institute gives you the option to control your collateral like this.
What issue does MoneyToken understand?
The issue has been evident for quite a while – spending crypto resources today keeps digital currency holders from picking up on any future development in resource esteem; holders who purchase low need to clutch their interests so as to profit by offering high.This is the place MoneyToken ventures in.
The MoneyToken stage enables you to obtain fluid finances right away, in view of the present estimation of your cryptographic money resource property. You apply for a line of credit, collateralized with more unstable resources, for example, Bitcoin or Ethereum – and consequently you get a concurred advance sum in a steady money.
Furthermore, in the wake of reimbursing the advance you get your entire guarantee back; regardless of whether the insurance has expanded in esteem different circumstances. Along these lines, you're ready to get fluid assets for prompt needs, and spare your crypto position, all in the meantime.
ICO information:
Token Name IMT token
Compatible currencies to buy IMT tokens BTC, ETH, BCH, Dash, LTC, NEM
Token Sale Price $0.005
Retail Sale Price $0.05
Had Cap at Token sale $35 MM
All the unsold tokens will be burned.
For more information visit:
Website:https://moneytoken.com/
Facebook:https://web.facebook.com/MoneyTokenOfficial
Telegram:https://t.me/moneytoken
Whitepaper:https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Onepager:https://moneytoken.com/doc/onepager-eng.pdf
Youtube:https://www.youtube.com/channel/UCz9r7r5BSoq4eE6guMa7P-w
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1940947