- Get link
- Other Apps
MoneyToken - A Blockchain predicated Financial Ecosystem fixated on cryptocurrency-backed lending and crypto assets leveraging. The main conception of MoneyToken that an innovative economic model sanctions you to take hold of your cryptocurrency and spend cash at the same time.
MoneyToken consists of: MoneyToken lending platform that provides loans in fiat currencies or stablecoin, secured by collateral in BTC and ETH; MTC - MoneyToken’s own stablecoin; MoneyToken decentralized Exchange accommodation
What quandary does MoneyToken solve? MoneyToken has an innovative concept for some time; prehend your cryptocurrency and spend it concurrently. The quandary has been conspicuous - spending crypto assets today averts cryptocurrency holders from gaining on any future magnification in asset value; investors who buy low need to grab their assets in order to benefit from selling high. It's a market where everyone is hodling. let us visit the web site here:
https://moneytoken.com
What quandary does MoneyToken solve? MoneyToken has an innovative concept for some time; prehend your cryptocurrency and spend it concurrently. The quandary has been conspicuous - spending crypto assets today averts cryptocurrency holders from gaining on any future magnification in asset value; investors who buy low need to grab their assets in order to benefit from selling high. It's a market where everyone is hodling. let us visit the web site here:
https://moneytoken.com
But what if you require cash right now? Bills to pay? Equipment to buy? This is where MoneyToken steps in.
The MoneyToken platform sanctions you to borrow liquid funds instantly, predicated on the current value of your cryptocurrency asset holdings. You take out an imprest, utilizing your BTC/ETH as a collateral. In reciprocation you receive an acceded loan amount in a stable currency. And after recompensing the imprest you receive your whole collateral back; even if the collateral has incremented in value multiple times.
What makes MoneyToken unique from other lending platforms?
The platform is tailored to give out both minuscule and astronomically immense loans, from $500 to $1,000,000 and more. No scoring or credit checks, since loans are backed by a collateral in 1:2 ratio.
In MoneyToken, credits are given out from one credit fund, which makes accumulating a credit portfolio dispensable, as opposed to the customary P2P platforms.
Loan approbation takes seconds and funds can be relinquished virtually instantaneously. MoneyToken sanctions to apply for a credit not only in fiat currencies, but withal in stablecoins, which is convenient in case the client
plans to utilize the credit funds inside the cryptocurrency market.
MoneyTokens accommodations will be available ecumenically. MoneyToken is an ecosystem, with its own stablecoin and decentralized exchange accommodation.
MoneyToken does not utilize token mechanics to charge added costs or cloud over accommodations charges; instead our token plays a unique infrastructure role, providing benefits to customers such as a discount on platform accommodations. Can we visit the white paper to see more of money token concept: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
The platform is tailored to give out both minuscule and astronomically immense loans, from $500 to $1,000,000 and more. No scoring or credit checks, since loans are backed by a collateral in 1:2 ratio.
In MoneyToken, credits are given out from one credit fund, which makes accumulating a credit portfolio dispensable, as opposed to the customary P2P platforms.
Loan approbation takes seconds and funds can be relinquished virtually instantaneously. MoneyToken sanctions to apply for a credit not only in fiat currencies, but withal in stablecoins, which is convenient in case the client
plans to utilize the credit funds inside the cryptocurrency market.
MoneyTokens accommodations will be available ecumenically. MoneyToken is an ecosystem, with its own stablecoin and decentralized exchange accommodation.
MoneyToken does not utilize token mechanics to charge added costs or cloud over accommodations charges; instead our token plays a unique infrastructure role, providing benefits to customers such as a discount on platform accommodations. Can we visit the white paper to see more of money token concept: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Who might benefit from our accommodations?
Exchange accommodations
Crypto holders, traders and investors
ICOs
Miners
Crypto holders, traders and investors
ICOs
Miners
How does it work?
How secure is the collateral?
The deal's conditions are captured in Ethereum-predicated contracts.
Collateral funds are kept in a wallet, bulwarked by a multi-signature. To access the wallet, ¾ signatures are required. First one of them belongs to the borrower, second – to the lender, and the other 2 – to the platform.
Multichain-transactions and multichain perspicacious-contracts will be available in the future, which would sanction MoneyToken to become completely decentralized.
Collateral funds are kept in a wallet, bulwarked by a multi-signature. To access the wallet, ¾ signatures are required. First one of them belongs to the borrower, second – to the lender, and the other 2 – to the platform.
Multichain-transactions and multichain perspicacious-contracts will be available in the future, which would sanction MoneyToken to become completely decentralized.
Token Functions
Privileged terms for platform users when depositing IMT to receive Borrower Membership.
Up to 60% discount on the platform fees for Borrower Membership. When utilizing the discount from the user’s balance, the equipollent of 50% of the discount in USD is charged in IMT tokens.
There is also opportunity to become a creditor when depositing IMT for Lender Membership and also you can
Participate in decentralized voting.
Privileged terms for platform users when depositing IMT to receive Borrower Membership.
Up to 60% discount on the platform fees for Borrower Membership. When utilizing the discount from the user’s balance, the equipollent of 50% of the discount in USD is charged in IMT tokens.
There is also opportunity to become a creditor when depositing IMT for Lender Membership and also you can
Participate in decentralized voting.
ABOUT THE TOKEN
For more information visit the social media sites below
Website: https://moneytoken.com
Telegram: https://t.me/moneytoken
Twitter: https://twitter.com/MoneyToken
Whitepaper : https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
- Get link
- Other Apps
Comments
Post a Comment