MoneyToken is a bright example of the real use of blockchain technology, as well as offering a massive boost for crypto market liquidity
blockchain·@blackuche·
0.000 HBDMoneyToken is a bright example of the real use of blockchain technology, as well as offering a massive boost for crypto market liquidity
It just investigates the digital currency showcase capitalization diagrams through the span of the past year to see that the dominant part of these monetary forms — Bitcoin, Ethereum, Litecoin, Monero what's more, other significant digital forms of money — appear huge development in esteem and are relied upon to see huge development later on, reflecting both lost confidence in conventional cash frameworks and a developing trust in the energy of blockchain innovation.
However these cryptographic types of cash are not exhibiting to be to a great degree e ective as portion instruments; their improvement in regard has influenced them to act more like assets than money, so budgetary experts and diggers are holding advanced types of cash rather than using them to purchase items and endeavors . Customers have no helper to trade or offer them, since once they are traded, proprietors lose their wander position.
Introduction
Since the rise of digital forms of money, the conduct of clients, proprietors and diggers has demonstrated to be exceptionally di erent than what was normal. As opposed to transforming into genuine 'virtual coinage frameworks' utilized to purchase products and ventures on a everyday premise (from your morning latte to houses and autos), Bitcoin and other digital currencies have transformed into long haul ventures; from something you keep in your wallet into something you store in your safe.
No one now would recommend purchasing pizza with Bitcoins as occurred back on May 22nd, 2010 (Bitcoin Pizza Day) when an engineer purchased 2 papa John's pizzas with 10,000 units of BTC. "It wasn't care for Bitcoins had any an incentive in those days, so the thought of exchanging them for a pizza was inconceivably cool," Hanyecz revealed to The New York Times in 2013. "Nobody knew it would get so enormous." Then again, rapidly acknowledging resources, which cryptographic forms of money have ended up being, have turn into a profitable resource for loaning and crediting.
Our Vision
At this phase of the market's advancement, we see that digital currency resources have picked up the attributes of different money related instruments. We can partition cryptographic forms of money by their characteristics and calculations; into venture resources and methods for installment.
Venture resources are unstable and convincing as long as possible, made to gain on the difference between rates of trade or getting different sorts of income, for example, from confirmation of-stake calculations, rate in intrigue and so on.
Payment cryptocurrencies are created to support the stability of the rate of exchange – they more often than not are implanted with a self-control instrument, an extraordinary calculation to direct the trouble of mining or the release of new coins.
What problem does MoneyToken solve?
The problem has been obvious for some time - spending crypto assets today prevents cryptocurrency holders from gaining on any future growth in asset value; holders who buy low need to hold on to their investments in order to benefit from selling high.
This is where MoneyToken steps into play. The MoneyToken platform allows you to borrow liquid funds instantly, based on the current value of your cryptocurrency asset holdings. You take out a loan, collateralized with more volatile assets such as Bitcoin or Ethereum - and in return you receive an agreed loan amount in a stable currency.
And after repaying the loan you receive your whole collateral back; even if the collateral has increased in value multiple times.
This way, you're able to acquire liquid funds for immediate needs, and save your crypto position, all at the same time.
MoneyToken Exchange
At the MoneyToken exchange service, users will be able to purchase and exchange cryptocurrency assets, as well as fiat funds. MoneyToken exchange will be used for automation collateral liquidation in cases of collateral currencies price drop
MoneyToken Ecosystem
Initial Money Token (IMT)
The solution that we have developed to minimize the risks both for the stage itself and its clients – a token with a particular usefulness
Money Token Functions
. Favored expressions for stage clients while saving IMT to get Borrower Membership
.Up to 60% rebate on the stage charges for Borrower Membership
. When utilizing the markdown from the client's adjust, the likeness half of the rebate in USD is charged in IMT tokens
. The chance to end up a loan specialist while saving IMT for Lender Membership
ICO details
• Token Symbol: IMT
• Price: USD 0.005
• Max emission: 22.49 billion
• Private sale: Feb 7th to Mar 21th (Hard cap: 1,500,000 USD) Already ended
• Presale: March 22nd to April 12th (Soft cap: 1.5 Million USD, Hard cap: 5,000,000 USD
• Token Sale: May 2nd to June 6th (Soft cap: 3 Million USD, Hard cap: 35, 000,000 Million USD)
Roadmap
For further info about moneytoken
• Website - https://moneytoken.com
• Bitcointalk -https://bitcointalk.org/index.php?topic=3407082.0
• Whitepaper - https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
• Twitter - https://twitter.com/MoneyToken
• Telegram - https://t.me/moneytoken
• Facebook - https://www.facebook.com/moneytoken/
PUBLISHER DETAILS
Bitcointalk username: Timzbrand
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2040852
UCHE CHUKWUDI TIMOTHY
Ether address:0xC7Ee1071822E818Be0e55AefD4BD3Ea033192609👍