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Abdul Rani
Posts: 6
Joined: Mon May 21, 2018 3:56 pm

A Blockchain Smart Loan Platform

Wed Jun 06, 2018 10:17 am

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With MoneyToken, there is no reason to sell your BTC when you need cash or a stable currency. MoneyToken provides loans supported by crypto, MTC stablecoin and a decentralized exchange service. The problem has been clear for some time - spending current crypto assets prevents cryptocurrency holders from gaining future growth in asset values; holders who buy low requirements to sustain their investment to profit from high sales. This is where MoneyToken steps in. The MoneyToken platform allows you to borrow liquid funds instantly, based on the current value of your cryptocurrency asset ownership. You take out a loan, secured by a more volatile asset such as Bitcoin or Ethereum - and in return you receive an agreed loan amount in a stable currency. And after paying off the loan, you receive all your collateral back, even if the collateral has increased in value several times.

In this way, you can obtain liquid funds for immediate needs, and keep your crypto position, all at the same time.

Vision
At this stage of market development, they see that the cryptocurrency assets have acquired the characteristics of various financial instruments. We can divide cryptocurrency with their quality and algorithm; into investment assets and means of payment. Investment assets are volatile and attractive for the long term, made to make a difference between exchange rates or earn other types of income, such as from stock proof algorithms, interest rates, and so forth. Cryptocurrency payments are made to support exchange rate stability - they are usually embedded with their own set of mechanisms, unique algorithms to regulate mining constraints or the release of new coins.
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TOKEN INFORMATION
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Name: MoneyToken

Symbol: IMT

Token selling price: $ 0.005

Retail Price: $ 0.05

Max. emission: 20,044

Private Sale: Feb 07 - 21 Mar Soft Cap: -. Hard cap: $ 1.5MM

Pre-Sales: March 22 - May 1st Soft seal: $ 1.5MB. Hard coverage: $ 5MM

Token Sale: May 02 - Jun 06 Soft seal: $ 3MM Hard cap: $ 35MM

Retail Sales: Jun 07. Soft seal: -. Hard cap: -.

The Retail Price of IMT will be higher by x10 of the final price on the Token Sale, as it is unlimited and will increase in the future and will never be eliminated any lower than the Token Sale price.

Funds received from Retail sales will be transferred to the Safety fund to secure the interests of the lender. The fund's security mechanism is explained in detail on our white paper. We will refund the money if the soft hat will not be achieved. All unsold tokens will be burned

Bonus
Private Sales: 1 - 6 weeks - 40% PreSale
First day - 30%
Week 1 - 4 - 25%
Sales Token
Sales Token

0-10MM - 20%
10-20MM - 15%
20-25 mm - 10%
25-30 mm - 5%
30-35 mm - 0%
Legal Status of the IMT Token

IMT tokens are utility tokens.
IMT tokens do not share the properties of paper securities.
To ensure compliance with anti-money laundering (AML) policies, Know Your Client (KYC) procedures will be implemented.




Roadmap

February 2017
>Concept development
>Formation of the team

June 2017
>Platform development underway

November 2017
>International Patent filing to protect, the IP of tie platform

December 2017
>Official announcement of the platform

February 2018
>Private Sale round

March 2018
>PreSale round

Q1 2018 — MoneyToken platform 1st release presentation
>Stablecoin as a loan currency
>Bitcoin and Ether as a collateral
>Repayment to Collateral Ratio selection
>Loan repayment using collateral
>Loan term extension options
>Early repayment options
>Amanda operating as loan assistant

May 2018
>Token Sale round

Q4 2018 - MoneyToken platform 2nd release presentation
>Options to become a lender, depositing IMTs
>Multi-currency collateral; multisignature collateral custody feature
>Exchange service
>MoneyToken Payment Card
>Referral program
>MoneyToken lending API for external platforms: exchanges, wallets, mass media

Q2 2019 — MoneyToken platform 3rd release presentation
>Adding more popular stable coins as credit currencies
>Obtain financial licences and begin integration of fiat currencies as credit currencies
>Adding successful ITO tokens with working products as collateral
>MoneyToken Mobile App
>Amanda as SaaS (Software as a Service) for other financial services

Q4 2019 — Full decentralization and Phase 4 of platform release

>MoneyToken decentralized exchange launch
>Decentralized decision making system
>Atomic swaps and multi chain transactions, smart-contract deals


Founders and Key members
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Local ambassadors
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Website:https://moneytoken.com/|
Whitepaper:https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf|
Abstract:https://moneytoken.com/doc/Abstract.pdf Telegram:https://t.me/moneytoken|
Medium:https://medium.com/@moneytoken|
Twitter: https://twitter.com/MoneyToken|
YouTube https://www.youtube.com/channel/UCz9r7r ... E6guMa7P-w

Originally Authored by:
BTT Username: ranie
Link:https://bitcointalk.org/index.php?actio ... u=2136998

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RedUser
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 116
Joined: Thu May 03, 2018 12:23 pm

Re: A Blockchain Smart Loan Platform

Wed Aug 08, 2018 11:50 am

Looks like a useful thing but talking about payday loans, we already have services that make the process of getting a loan easy enough. Here is a website that is worth being mentioned because you can find best payday loans reviews there.

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