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.
Artificial Intelligence, Banking, Cryptocurrency, Platform, Smart Contract
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
Concept Development Formation of the team
Platform Development underway
Internation Patent filling to protect the IP of platform
Official announement of the platform
Private Sale Round
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
Token Sale Round
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
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
MoneyToken decentralized exchange launch Decentralized decision making system Atomic swaps and multi chain transactions, smart-contract deals