MONEYTOKEN
PLATFORM FOR INTELLIGENT LOANS BACKED BY CRYPTO-ASSETS
MoneyToken Platform for Intelligent Loans Supported by Crypto-Assets. The MoneyToken lending work model uses the fluctuating crypto assets as a guarantee for promotions provided in fiat or stablecoin currency. MoneyToken will use a smart contract based on Ethereum to secure and understand understanding requirements. Collateral funds will be kept in a protected multi-toe wallet and require 3/4 signatures to access. One signature is owned by the lender, third and most owned by the MoneyToken arbitration service. Multichain and contract deals will be available in the future, making MoneyToken a completely decentralized platform. The credit fund governs and affects the maximum loan amount that the platform can provide. After the Token Sales phase, the MoneyToken loan portfolio will cover a total of $ 20 + million and continue to grow through contributions from early and late stage partners as the platform evolves and scales. The MoneyToken lending platform that provides loans in fiat or stablecoin currency, is secured by bail at BTC and ETH; MTC – MoneyToken’s stablecoin; MoneyToken decentralized exchange service.
ABOUT MONEYTOKEN ICO
The problem has been clear for some time – spending today’s crypto assets eliminates the ability of investors to benefit from future growth values; investors who buy low requirements to keep their assets 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 ownership of your cryptocurrency assets. You take out a loan, secured by a more volatile asset like Bitcoin or Ethereum – and in return you receive the agreed loan amount in a stable currency. And after the loan payment you receive all your collateral back, even if the collateral has increased in value several times. With MoneyToken,
FEATURES
- MoneyToken uses a smart contract based on Ethereal to secure the terms of the agreement.
- Collateral funds will be kept in a protected multi-toe wallet and require 3/4 signatures to access.
- One signature is owned by the borrower at any time, owned by the lender, third and fourth owned by the MoneyToken arbitration service.
- Multichain and contract deals will be available in the future, making MoneyToken a fully decentralized platform.
Credit Flow
- The borrower can withdraw the loan currency from the system to use.
- The borrower can pay off the loan prematurely.
- The borrower may be able to partially refund the loan ahead of schedule.
- On the last day of the loan, the borrower may have the opportunity to extend the loan by making additional deposits.
Payment of Loans and Refund of Warranty
- After the loan is repaid, the user returns the security deposit to his blockchain address.
ROADMAP
February 2017
- Concept Development Formation of the team
June 2017
- Platform Development underway
November 2017
- International Patent filling to protect the IP of the platform
December 2017
- Official announcement of the platform
February 2018
- Private Sale Round
March 2018
- Presale Round
Quarter 1, 2018
- 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
Quarter 4, 2018
- Options to become a lender, depositing IMTs Multi-currency collateral Exchange service MoneyToken Payment Card Referral program MoneyToken lending API for external platforms: exchanges, wallets, mass media
Quarter 2, 2019
- 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
Quarter 4, 2019
- MoneyToken decentralized exchange launch Decentralized decision making system Atomic swaps and multi chain transactions, smart-contract deals
MORE INFORMATION VISIT THE MONEY TOKEN LINK:
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
Facebook : https://www.facebook.com/MoneyTokenOfficial/
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=1229230
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