MONEYTOKEN; INTRODUCING LENDING AND ASSETS LEVERAGNG IN THE CRYPTO WORLD USING A DECENTRALIZED EXCHANGE

in #blockchain6 years ago

money token.png
INTRODUCTION
The Value in cryptocurrency and cryptocurrency market capitalization has experienced a tremendous increase over time. These cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Monero and others have shown awesome increase in value and expected to see more significant increase in the future. Since the rise of cryptocurrency, the conduct of clients, proprietors and mineworkers has ended up being altogether different than what was normal instead of been used as a virtual coinage systems utilized to purchase products and enterprises on an everyday premise rather its diverted into long haul ventures from something you keep in your wallet into something you store in your safe.
However, this growth in cryptocurrency has caused it to be seen as an assets rather than currency and as a result investors and crypto miners are holding rather than using as to purchase goods and services.
The solution to these lies in creating a credit model in which unstable crypto-resources go about as insurance while credit is conceded in a steady money. This framework enables borrowers to make profits from their assets as the market rises, while lessening danger to credit suppliers and borrowers if the market falls and this is where" MONEY TOKEN" has taken up the challenge;

MONEY TOKEN
MoneyToken is a platform that aims to resolve the issues in cryptocurrencies by managing clients’ risks and creating a stable lending model using cryptocurrencies as a security deposit. Its a model that plans to encourage access to credit while building another credit advertise by facilitating loans backed by crypto collateral, based on the security and transparency of bl0ckchain technology. Money token is a platform that uses blockchain to boost crypto market liquidity for all market players, and especially for businesses. MoneyToken will establish the Money Token exchange enabling clients to purchase and offer (trade) digital currency resources. The early investors will be given the opportunity to contribute during the ongoing token sale using the IMT (Initial Money Token) which is MoneyToken's own currency.
INTRODUCING AMANDA
Amanda is an Artificial Intelligence Assistant behind Money Token which will give robotized credit activities within the platform. It is fueled by a profound learning AI algorithm. Her objective is to provide human-like services on the platform for users by analysing users activities through to loan completion in order to generate predicative actions such as tracking collateral performance, monitoring loan repayments and due date. It removes the need for middle man and managers e.t.c, it helps to remove all the bad practices of traditional banking.

ADVANTAGES OF THE MONEY TOKEN PLATFORM

  • Eliminates verification of assets or credit scoring
  • Automatic confirmation of Loan
  • Loan conditions can be regulated by the clients in respect to the terms and conditions of the platforms
  • There is transparency in operation and evaluation.
  • There is stabilization in fluctuation.

TOKEN AND TOKEN DETAILS
The Initial money Token is the token used by the Money Token Platform
Token Ticker: IMT
Price: 1 IMT equals $0.005 USD
Platform: Ethereum (ETH)
Accepting: LTC, BCH, ETH and BTC
Soft Cap: 3, 000, 000 in USD
Hard Cap: 35, 000, 000 in USD

In conclusion, the money token will serve as a lending platform for clients that encourages access to credit while building.
To know more about the project, click the links below;

To find out more about MoneyToken, check the links i added below
Website: https://moneytoken.com
Whitepaper: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf?ver=1.02
Telegram: https://t.me/moneytoken
Twitter: https://twitter.com/MoneyToken
Writer: oly4life
BItcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1577997

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