What is Money Token? Important things you need to know

A Block based Economic System which consists of:

• Money Token lending project that provides loans in stable coin or fiat currencies, secured by collateral in ETH and BTC;
• Money Token centralized Exchange service.
• MTC – Money Token’s own stable coin;

What issues does Money Token Project solve?

The dilemma has been clear for some time - spending virtual assets these days removes the capacity of holders to advantage from any future development in value; owners who purchase low need to grip on to their in order to profit from selling sky-scraping.

This is where the Money Token Platform steps in - the Money Token permits you to lend liquid funds immediately, based on the present value of your crypto Money asset holdings.

• You take out a credit, collateralized with more unstable assets such as BTC or ETH
• In return, you collect an agreed credit value in stable money.
• After loan refund, you’ll receive your entire security fund back even if security fund has lots of times increased in rate. With Money Token you are capable to collect liquid funds and keep on in your virtual position entire at the same moment.

Money Token: How does it work?

Behind Money Token Platform is Amanda. Amanda is an AI (Artificial Intelligence) Assistant who’ll provide automatic loan processes on the Money Token platform. She will also display case Money Token’s feature before the authorized platform launch.

Who’s Money Token For?

1. Miners - keep away from cash flow problems or invest in more tools, with no losing your existing mined virtual Money
2. Investors and Traders – Grip on to your virtual currency investment collection and apply leverage to make additional investments or boost your liquidity
3. Exchanges - Meet additional cash requirements while hedging exchange threats and leveraging your digital assets
4. ICOs - rapidly entrance cash, without complete the red tape, for small term business requirements

ICO details

• For the main round of the Money Token ICO, which began recently and will end on June 6 (unless the hard-cap is reached before then), the soft-cap is 3 million USD (approx. £2.2 M) and the hard-cap is a whopping 35 million USD (approx. £25.7 M).
• Investors can contribute using a collection of digital currencies, including BTC, ETH, BCH, DASH, LTC, and NEM.
• During the ICO sale, one IMT (Money Token’s native Money) is valued at 0.005 USD, but When IMT tokens strike the exchanges in June, this will boost tenfold to 0.05 USD.
• There’s also a bonus plan in play during the ICO token sale, based on the value of tokens allocated.
• When the full amount raised lies between zero and $10 M, the bonus will be 20 percent.
• When among $10 M and $20 M has been raised, this will go down to 15% and when among $20 M and $25 M has been raised, the bonus will be 10 Percent.
• Between $25 M and $30 M, there will be a 5 Percent bonus and beyond that, there’ll be no bonuses.

Project Strengths:

• Verifiable, committed, professional, Sizeable, experienced and great team
• The team has various relevant experiences in the linked sector and technologies
• Consultant board includes famous figures in the crypto asset zone and finance sectors
• Crypto security fund lending platforms have been extremely admired and in peak demand since previous autumn. The interest in the field looks to boost the entire time with novel investors and Initial Coin Offerings coming into the markets
• Platform Services combining fiat and crypto lending services will have a huge development latent in the following transition times
• The Platform token sale structure is completed in a way that gives additional incentives and prizes for the timely investors
• A major safety fund device is implemented to keep the investors awareness by keeping the token value lofty
• Being capable to mechanize the security fund escrow holding, settlements among lenders and borrowers and the credit amortization gives strength for a highly scalable business
• Decent mass social communities with community reactions and active updating
• Good quality industry site reviews and visibility
• Exceptional looking plan materials

Potential concerns

• More in-depth block expansion experience in the base team would help the business to gain the finest performance out of block-chains in the commerce
• This kind of service has quite a lot of opponents but none of them has recognized a clear zone leader position so far
• The whole initial token supply valuation of 11, 235, 00000 USD is quite a lot for an trial though promising Project

For more details you can visit these official links:

• Website - https://moneytoken.com
• ANN - https://bitcointalk.org/index.php?topic=3278664.0
• Whitepaper - https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
• Twitter - https://twitter.com/MoneyToken
• Telegram - https://t.me/moneytoken
• Facebook - https://www.facebook.com/moneytoken/

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