MONEYTOKEN: THE SMART LOANS PLATFORM

in #ico6 years ago

Good day ladies and gentleman, i will like to introduce to you a smart loan platform which is know as moneytoken but before i start let me take you back to what Cryptocurrency market capitalization use to be the some year back, Cryptocurrencies such as bitcoin,and some order once but to mention but few have a market capitalization that exceeds $120+ billion, with high trading volumes of $25 billion each day. The market cap continues to increase daily. For example, a market cap of $2 billion was attained for a parody cryptocurrency, Dogecoin, in January 2018. The parody cryptocurrency traded at $0.018773. As of February 2018, a total of 23 cryptocurrencies have a market cap that exceeds $1 billion.[2] According to Forbes, bitcoin appreciated to more than 1200% in 2017, but early 2018 wiped out most of last years gains. The rising interest and market capitalization in the digital currency market has been associated with the buzz and hype about the currency as well as the public’s interest to gain more knowledge about the market

Now lets talk about the case of MONEYTOKEN and the roll it has to play the the cryptocurrency industries,
Moneytoken is a virtual plartform which allow investors to loan different liquid fund as MTC, Stable coin, and a decentralized crypto exchange. With this form investing crypto's now prevents digital money owners from gaining on any next development in asset values, owners who, purchase low need to own on their spending to advantage from selling lofty. With Moneytoken when pulling out your loan with some of the unstable assets like bitcoin or ethereum etc, and in return you get an agreed loan value in stable money.

With these after much loans has been collected and when paying back the loan fund, you get what ever collateral back in full,in some case the asset boosted in worth several times. That's why, you are capable of acquiring liquid payments for rapid needs, and save your virtual money place similar all time.
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Moneytoken Goal:

In the aim of this achievement the market growth which rove around cryptocurrency Achieved fund have gained the
characteristics of various financial instruments. We can divide cryptocurrencies by their worth in quality and algorithms; into investment assets and means of payment.

  1. Investment crypto-assets are always changing and have an overall rising value over time; such assets can be used as stock exchange market and order trading assets, intended to be held and later resold for profit via an exchange or may be held to obtain further assets

  2. Paying with cryptocurrencies ( like stablecoins) are designed to be used in making payments and buying of
    different, they are designed to be stable in value (typically pegged to the value of the US Dollar) and embedded with a mechanism for self or central regulation and/or an algorithm to regulate the difficulty of mining or the release
    of new coins.

Operation diagram:
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Issues Of MoneyToken Ecosystem And How Is Being Solve:

The Problems has shown it clear for many times Now - spending virtual assets now removes the capability of holders to advantage from any future development in value; owners who purchase low need to hold on to their to advantage from selling high. This is where Money Token platform enters the industry - the Money Token platform enables you to use liquid funds instantly, based on the present worth of your digital currency asset holdings.

• You take out a loan, collateralized with more unstable assets such as ETH or BTC
• In return, you collect an agreed credit amount in a stable Money.
• After loan refund, you'll receive your entire security back even if security has lots of times increased in value.

Money Token ecosystem solves basically, the problem of borrowing liquid payments on the virtual marketplace. This is applied via the ETH ERC: 20 paradigms for liquidity of investing.

MONEYTOKEN -Platform Consist of:

  • The teams of Agreement use in moneytoken is Ethereum-based smart contracts for security.

  • The Collateral funds that was borrowed will be kept in well and secured multi-signature wallets requiring 3/4 signatures to access. One of signature will be for the borrower in all times, one owned by the lender, 3rd and 4th are owned by the MoneyToken arbitration service

  • MoneyToken a fully decentralized base platform.

    Money Token Users And there Icos:
    Money Token ecosystem is sole for a usual number of users. Even though, users can be listed in diff cadres & cadets for their optimization equipped gains. This is middle of the prospect and functionality which drives the Money Token ecosystem. The platform token miners are in sequences get to joy the ideal shape of money flows as they can retain whole mined tokens with the problem of losses.

Conclusion
MoneyToken Ecosystem based on blockchain technology that will provide an easy loan. By using the collateral of cryptocurrency assets we can receive liquid loans in the form of fiat currency, crypto coins or with MTC loan token

Useful link to find out more about Moneytoken:
Website| https://moneytoken.com/
Whitepaper| https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Telegram| https://t.me/moneytoken
Twitter| https://twitter.com/MoneyToken
Facebook| https://www.facebook.com/MoneyTokenOfficial/
Medium | https://medium.com/@moneytoken
https://bitcointalk.org/index.php?action=profile;u=1358646

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Great project

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTCBitcoin7662.300$-0.71%1.81%
DOGEDogecoin0.004$-1.11%9.99%
ETHEthereum605.564$-1.36%4.68%
MTCDocademic0.211$-13.08%-12.36%

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