MoneyToken 

Since the emergence of cryptocurrencies, the behaviour of users, owners and miners has proved to be very different than what was expected. Rather than turning into true ‘virtual coinage systems’ used to buy goods and services on a
day-to-day basis (from your morning latte to houses and cars), Bitcoin and other cryptocurrencies have turned into long-term investments; from something you keep in your wallet into something you store in your safe.

Nobody now would suggest buying pizza with Bitcoins as happened back on May 22nd, 2010 (Bitcoin Pizza Day) when a developer bought 2 Papa John’s pizzas with 10,000 units of BTC. “It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Hanyecz told The New York Times in 2013. “No one knew it was going to get so big.”

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.

At this stage of the market’s development, we see that cryptocurrency assets have gained the characteristics of various financial instruments. We can divide cryptocurrencies by their qualities and algorithms; into investment assets and means of payment.

• Investment assets are volatile and compelling for the long term, made to earn on the difference between rates of exchange or getting other types of earnings, such as from proof-of-stake algorithms, rate in interest and so on.
• Payment cryptocurrencies are created to support the stability of the rate of exchange — they usually are embedded with a self-regulation mechanism, a unique algorithm to regulate the di culty of mining or the release of new coins.

Who is the platform for?

• Miners — Avoid cash flow issues or invest in more equipment, without losing your existing mined cryptocurrency
• Traders and investors — Hold on to your cryptocurrency investment portfolio and use leverage to make further investments or increase your liquidity
• ICOs — Quickly access cash, without all the red tape, for short term business needs
• Exchanges — Meet extra cash needs while hedging exchange risks and leveraging your crypto assets

The solution that we have developed to minimize the risks, both for the platform itself and its users — a token with a
specific functionality.

Token Functions

• Privileged terms for platform users when depositing IMT to receive Borrower Membership.
• Up to 60% discount on the platform fees for Borrower Membership.
• When using the discount from the user’s balance, the equivalent of 50% of the discount in USD is charged in IMT tokens.
• The opportunity to become a lender when depositing IMT for Lender Membership

IMT’s properties

• The supply of IMT is limited
• Additional mining is prohibited

For More Information :

Website: https://moneytoken.com/
Whitepaper: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf
Abstract: https://moneytoken.com/doc/Abstract.pdf
Telegram: https://t.me/moneytoken
Medium: https://medium.com/@moneytoken
Twitter: https://twitter.com/MoneyToken
YouTube: https://www.youtube.com/channel/UCz9r7r5BSoq4eE6guMa7P-w

Author : Radoevee

My Profil Link : https://bitcointalk.org/index.php?action=profile;u=1940232