MONEY TOKEN; THE FINANCIAL SOLUTION TO CRYPTOPRENEURS

in #blockchain6 years ago (edited)

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Cryptocurrency is a digital currency that uses encryption to generate money and to verify transactions. As of 2017, cryptocurrency has been used as a decentralized alternative to traditional fiat currencies which are usually backed by some central governments such as the US dollars( USD).

The market has shown that there is a large desire for digital currencies. As a result, cryptocurrencies have become a valuable method for holding and appreciating wealth ,such that investors prefer storing cryptocurrencies in their wallets rather than for exchange of good and service why? Because holders needs to hold on to their investments so as to gain more profit before selling and also not to loose their investment positions once they use it for exchange of goods and services.

This has become a major problem in the cryptocurrency world today, investors are unable to sell of their investments because of the high volatility in the crypto market and if they eventually sell ,they might actually sell at loss thereby loosing even their capital for the investment.

Also, the challeng of selling at loss has really discouraged some crypto investors from investing, because there's no need investing in a project with huge amount of money and at the long run there will be no profit made out of the investment.

And because of this problem, a group of experts who came about with a project known as Money Token has brought a solution that allows investors to borrow liquid funds instantly, based on the current value of their cryptocurrency asset holdings and can also take out a loan, collateralized with more volatile assets such as Bitcoin or Ethereum - and in return receives an agreed loan amount in a stable currency. And after repaying the loan ,the investors can receive their whole collateral back; even if the collateral has increased in value multiple times. And by so doing will be able to acquire liquid funds for immediate needs, and save their crypto position, all at the same time.

This is managed and backed up by Amanda, which ensure that all activities on the platform are done successfully.
Amanda deep learning intelligence algorithm and its goal is to provide human -like services for platform users. Amanda acts like a real AI, analyzing customer activity on the platform from its first steps, until the completion of the loan to generate predictive actions; for example, to be able to offer additional financial services, track collateral performance, monitor loan repayments and maturities, all required functions within an ecosystem that is not managed by any central authority.

Also,Amanda helps to remove the need for intermediaries,hidden fees and obscure terms written in the "fine print" of contracts and all the bad practices of traditional banks.

SOME OUTSTANDING QUALITIES OF MONEY TOKEN

  1. The borrower can withdraw the loan currency from the system for use.

  2. The borrower is able to repay the loan ahead of time.

  3. The borrower may be able to partially repay the loan ahead of schedule.

  4. On the last day of the loan, the borrower may have the opportunity to extend the loan by making an additional deposit.

ABOUT THE TOKEN

The team produced an utility token known as (IMT) which is a token that will be used in the MoneyToken platform as means of payment.

TOKEN SALE DETAILS

Token Ticker: IMT

Price: 1 IMT equals $0.005 USD

Platform: Ethereum (ETH)

Accepting: LTC, BCH, ETH and BTC

Soft Cap: $3, 000, 000

Hard Cap: $35, 000, 000

CONCLUSION

Money Token is a platform that will help reduce losses in the cryptocurrency system that arises as a result of high volatility in the market.

TEAM
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ADVISORS
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INFORMATION LINKS

Website; https://moneytoken.com

Telegram Group: https://t.me/moneytoken

Twitter: https://twitter.com/MoneyToken

Facebook: https://www.facebook.com/MoneyTokenOfficial/

Medium: https://medium.com/@moneytoken

YouTube: https://www.youtube.com/c/MoneyToken

Whitepaper: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf?ver=1.01

Token Sale: https://moneytoken.com/doc/TokenSale.pdf?ver=1.04

Bitcointalk ANN thread; https://bitcointalk.org/index.php?topic=3407082.0

Bitcointalk profile link;https://bitcointalk.org/index.php?action=profile;u=1840434;sa=summary

Bitcointalk Username; Desy luv

My Ethereum wallet; 0x95504a6d35a87b23957248173C974B6517127A91

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Dear friend, you do not appear to be following @wafrica. Follow @wafrica to get a valuable upvote on your quality post!

Please ma can i still purchase the ICO, I've hearing much about the project.

Yes sir , you can still purchase it, infact don't miss it and if possible purchase it fast fast. The project is really a good one.

Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
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BTCBitcoin7603.500$-1.3%1.63%
ETHEthereum599.089$-1.56%3.78%
LTCLitecoin118.884$-2.18%0.24%

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