Moneto - instant loans paid in fiat but secured by Bitcoins

in #moneto6 years ago (edited)

MONETO is a new platform that provides loans with the use of cryptocurrency and blockchain technologies. Within the framework of MONETO, users can receive money, while being protected by all the advantages of a digital currency and blockchain technology. At the moment, MONETO's main goal is to give users loans for a certain period of time and return them as crypto-investments with minimal transaction costs. The system does not impose any risks, as loan funds are secured by collateral, and this provide opportunities to attract active investors. Moreover, MONETO token holders are expected to have a special dividend policy.

https://mone.to/ico

Cryptocurrency is now at the peak of popularity, so many financial institutions are taking action to introduce its possibilities, including global reliable banks. Cryptocurrency investments are also gaining popularity, but there are still not enough reliable instruments on the market for such transactions - it is often difficult and unprofitable to buy and sell cryptocurrency. MONETO offers a solution to these problems with the cryptocurrency protection service, which concentrates on working with Bitcoin. Users will be able to safely withdraw and deposit funds with minimal commissions.

MONETO ofFerdinand the following opportunities for obtaining a loan:

- Gaining a loan with high risks, when a loan amount is up to 70% of the total collateral. This can be advantageous if cryptocurrency rate shows a downward trend. Also, with such a loan, you can immediately convert cryptocurrency without commission;

- The standard loan is built largely on the terms of a user, and a loan is up to 40% of the total collateral valuation;

- Floating credit rate. Such a loan depends on Bitcoin exchange rate and the possibility of its sale.

Unlike traditional banking and other lending institutions, MONETO has the following advantages:

- the solvency of a borrower is not checked, which saves considerable time;

- no large staff;

- a loan is issued as quickly as possible and in any currency required by a loan;

- the transaction fee is as low as possible.

https://mone.to/ico

Own MONETO tokens - MTOs - can be purchased during the pre-ICO and the ICO for ETH. During the ICO, one token will cost 0.001 ETH. The volume of the tokens issued is 42 901 786.

The distribution of tokens is as follows:

- 70% - for sale;

- 11% - for the founders of the project;

- 7% - for the project team;

- 5% - for the advisers, partners and early investors;

- 5% - for marketing.

The funds received from the sale will be distributed as follows:

- 63% - for the loan portfolio;

- 14% - for business development;

- 13% - for technical development;

- 10% - for the reserve fund.

Thus, MONETO does not just provide loans to customers on loyal, profitable terms without long checks and other bank costs, but also regulates and expands Bitcoin's turnover, attracting a lot of people and commercial organizations to use it.

Website: https://mone.to/
Whitepaper: 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
Medium: https://medium.com/@monetoico
ANN: https://bitcointalk.org/index.php?topic=2934923
Author: https://bitcointalk.org/index.php?action=profile;u=980049

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