MoneyToken ICO Review And IMT Token Analysis

IMT

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3 months ago

MoneyToken ICO About

With MoneyToken, there’s no reason to sell your BTC when you need cash or stable currency. MoneyToken provides crypto-backed loans, stablecoin MTC and a decentralized exchange service.

MoneyToken ICO Categories

Artificial Intelligence, Banking, Cryptocurrency, Platform, Smart Contract

MoneyToken ICO Review

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 in. 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 ICO Comments

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  • 4 months ago Gabriel Stephen

    Was just wondering, what makes this ICO project different from similar projects such as ViMarket, Dimensions Network, Cryptoneum, DenCity, SapphireCoin?

  • 4 months ago Gabriel Stephen

    And anyone know if there is a bonus for the pre-sale round?

  • 4 months ago Hunter Levesque

    Hello @gabestephen. With this project, you won’t sell your crypto assets to get a loan. Once the project is implemented, it’ll solve the problems related to using your crypto assets—Bitcoins or Ether, for example—as collateral.

  • 4 months ago Hunter Levesque

    Hi! Was just thinking. The retail token price will be 0.05 $, right? Is this price guaranteed or only valid when hardcap is reached throughout the ICO?

  • 4 months ago Hunter Levesque

    Hi! Was just thinking. The retail token price will be 0.05 $, right? Is this price guaranteed or only valid when hardcap is reached throughout the ICO?

  • 4 months ago Gabriel Stephen

    hi @Hunter At retail sales tokens will be sold at retail rates at a price of $ 0.05 versus $ 0.005 during token sales The retail price of the token will be x10 from the price of the token on the token ale, it is not fixed and will constantly increase in the future and will never be lower than the price on the token sale. Issue of the tokens will be proportional to the number of tokens purchased. So no extra tokens will be released. So when the tokens will be sold on the retail sale, they will replenish the total supply This price is not bound to the hardcap.

  • 4 months ago Miles Jonas

    @gabestephen Have you tried signing up for their pre-sale?

  • 4 months ago Gabriel Stephen

    @milesjonas I haven't yet. But I still have a week to think about doing so before their pre sale ends on the 22nd. How about you?

  • 4 months ago Jonas Panerio

    How does MoneyToken function? Anyone?

  • 4 months ago Miles Jonas

    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.

  • 4 months ago Hunter Levesque

    What's the target audience of this project?

  • 4 months ago Jonas Panerio

    Hey @Hunter. This blockchain-based credit ecosystem is ideal for all those miners who’re finding it difficult to raise funds to get new mining equipment; it’s meant for those traders and investors who want to make it big in the crypto-investment landscape; likewise, the network is ideal for ICOs looking to access quick cash for short-term needs. Lastly, the platform can even be leveraged by crypto exchanges looking to bring down the hedging risks by securing extra cash.

  • 4 months ago Jonas Panerio

    What issue does MoneyToken sets out to find a solution for?

  • 4 months ago Jonas Panerio

    Why is Roger Ver's participation so important to this project?

  • 4 months ago Hunter Levesque

    How does MoneyToken Amanda AI Assistant & MTC Stablecoin work?

  • 4 months ago Red Willis

    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.

  • 4 months ago Red Willis

    Roger Ver, also known as “Bitcoin Jesus”, is an inspirer and advocate of Bitcoin Cash, and is well respected as key influencer in the crypto community; hence his participation is important on this project.

  • 4 months ago Jonas Panerio

    MoneyToken works to address some of the inherent problems that cryptocurrencies face, most notably the fact that traditional banks don’t seem to respect them, refusing to recognize it when it comes to serving as collateral for a potential loan. This matters because most cryptocurrencies are seen as an investment. Therefore, if you liquidate your crypto assets because you need money in the short term or collateral in order to take out a loan, you will lose your investment in that particular cryptocurrency. However, MoneyToken solves this by allowing you to borrow liquid funds while using your cryptocurrencies assets as collateral. Using blockchain technology and a smart contract, you put up a cryptocurrency like Bitcoin or Ethereum and get a loan in the form of a traditional currency back. Once you pay back the loan, you get your collateral back, even if that particular cryptocurrency has increased in value during the course of that loan. Thus, as long as you pay back your loan, you don’t have to worry about losing your investment in that particular cryptocurrency. The MoneyToken platform is potentially useful in several ways that relate to cryptocurrencies. For instance, crypto miners can avoid cash flow issues while also investing in equipment without losing all the crypto assets they’ve mined. Frequent traders and investors can use their crypto holdings to add liquidity if they need it. Finally, MonkeyToken makes it easier to get cash for short-term needs as it relates to ICOs.

  • 4 months ago Jonas Panerio

    The recent partnership between Bitcoin.com in the face of its Founder and COO and MoneyToken is intended to bring additional benefits to the Bitcoin Cash community. In other words – BCH shall be accepted as collateral on the lending platform of MoneyToken. This way, BCH holders can leverage their assets to receive liquid cash while, thanks to the capacities of the lending platform, retain the integrity and potential profitability of their crypto positions.

  • 4 months ago Jonas Panerio

    "MoneyToken is a bright example of the real use of blockchain technology, as well as offering a massive boost for crypto market liquidity for all market players, and especially for businesses." - Roger Ver

  • 4 months ago Klay Thompson

    As someone who is actively exploring the space for the next great investment, I just want to ask what do investors stand to gain?

  • 4 months ago Jonas Panerio

    The White Paper states that the retail value of the token will be 10 times greater than the ICO price, and that it will never be lower than the ICO value. The fact that the public sale has a sliding scale of discounts means that early investors can get hold of their tokens at a lower cost. As is typically the case with ICOs, investors will be hoping that the platform grows in popularity so that the value of the tokens grow over time as they become more sought after.

  • 4 months ago Klay Thompson

    How would I know MoneyToken is right for me?

  • 4 months ago Draymond Green

    f you frequently invest in cryptocurrencies or have a large number of crypto assets in your portfolio, MoneyToken may be right for you. The MoneyToken platform is one of the rare financial platforms that makes it easy to bring together cryptocurrencies with fiat money. One could argue that it’s a virtual necessity for any person who has seriously invested in cryptocurrencies.

  • 4 months ago Jonas Panerio

    What is the difference between the IMT and the MTC token?

  • 4 months ago Hunter Levesque

    IMT is a token of the platform that allows you membership privileges, where as the MTC token is a stable coin that the loans will be given. MTC is not related to the token sale and will always be $1 USD.

  • 4 months ago Red Willis

    The potential benefits of MoneyToken are plentiful. While MoneyToken is not technically a lender, it has created a platform for people who need fiat money but whose only collateral is in the form of cryptocurrencies. It’s a way to put cryptocurrency investments to good use while waiting for the price to increase and the investment to pay off. MoneyToken does not solve all of the problems that relate to merging cryptocurrencies with fiat money, but it’s a good step in the right direction.

  • 3 months ago Gabriel Stephen

    What is the difference between IMT and MTC?

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ICOPicker - Jerome MacGillivray
Jerome MacGillivray
CEO & Co-founder
ICOPicker - Alex Rass
Alex Rass
CTO & Co-Founder
ICOPicker - Alex Fisun
Alex Fisun
COO

Token Info

  • Symbol/Ticker IMT
  • Platform Ethereum
  • Type ERC20
  • Bonus Private sale 40% Presale 25-30% Token sale Up to 20%

Presale Info

  • Presale Price 0.01 USD
  • Presale Start Date 02/07/2018
  • Presale End Date 06/06/2018

Investment Info

  • Tokens for Sale 10120000
  • Total Token Supply 10120000
  • Price Per Token 1 IMT = 0.005 USD
  • Soft Capital 3,000,000 USD
  • Hard Capital 35,000,000 USD
  • Accepting ETH, BTC, BCH, LTC

February 2017

Concept Development Formation of the team

June 2017

Platform Development underway

November 2017

Internation Patent filling to protect the IP of platform

December 2017

Official announement 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

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3 months ago


  • Token IMT
  • Platform Ethereum
  • Price 1 IMT = 0.005 USD
  • Soft Capital 3,000,000 USD
  • Hard Capital 35,000,000 USD
  • Accepting ETH, BTC, BCH, LTC
  • Country United Kingdom
  • Restrictions
  • Know Your Customer Yes
  • Whitelist Yes

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