The founders of Money Token are happy to announce that they are almost done with preparations for the first release of their lending platform supported by Kripto! The official MVP demonstration is planned for the end of Q1 2018.
MoneyToken concept
MoneyToken is a Blockchain-based Financial Ecosystem consisting of:
The MoneyToken lending platform that provides loans in fiat or stablecoin currency, is secured by collateral at BTC and ETH
MTC - MoneyToken own stablecoin
MoneyToken decentralized exchange service
What issues did MoneyToken solve?
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 repyament you will receive all your collateral back even if the warranty has many times increased its value.
In this way, you can obtain liquid funds, save your crypto position and stay in the game of investment in the long run.
With MoneyToken, there is no reason to sell your BTC when you need liquid funds
Further information:
Website: https://moneytoken.com/
Whitepaper: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Telegram: https://t.me/moneytoken
Twitter: https://twitter.com/MoneyToken
Author: CalonDPR
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