**MoneyToken** is a block-based platform designed to provide loans secured by crypto currency. https://www.youtube.com/watch?v=CKBFNZnGYec The MoneyToken project is aimed at creating an ecosystem that will facilitate the issuance of loans secured by the crypt. The ecosystem will evolve using blocking technology. The team plans to issue its own crypto currency and create a decentralized exchange. The project is not a creditor, it provides a platform where the owners of crypto-currencies can take a phi-loan, using their crypto assets as collateral. Initially, loans will be provided by BTC and ETH. In the future, the project will add more credit crypt, including the most popular tokens that have gained confidence in the market.

Problem and solution

The MoneyToken project is aimed at solving important problems that exist at the moment in the field of crypto currency. The current financial system does not recognize crypto assets of borrowers as a legal pledge and banks are not yet ready to issue loans for crypto security. To a large extent, this is due to the difficulties of financial evaluation of such volatile and unstable assets as crypto-currencies. In addition, such loans are hampered by the need to verify all the components of the transaction: assets, borrowers, collateral and repayment procedures. In the meantime, most holders of crypto currency are considering their assets as investments. They do not want to part with them when they need to get liquid funds. The solution offered by the MoneyToken project will allow holders of crypto currency to take out a loan without losing their market investment position. After repaying the loan, borrowers will receive their pledge back in full, even if the price of the crypto currency has increased significantly. Conversely, if the price of the mortgage crypto currency has fallen, borrowers can increase the amount of collateral with the help of additional crypto currency. They can also repay part of the loan or fully repay the loan by selling part of the collateral at the current market price. Based on their urgency and the importance of the problems that MoneyToken solves, it can be assumed that it will inevitably be successful if the project is fully developed in accordance with the road map. The project has an interesting idea and a team of experienced professionals. The technological solutions seem reasonable and expedient. The platform is not overloaded with features and does not have unnecessary additional functions.

MoneyToken AL Assistant

The MoneyToken platform will include an AI assistant named Amanda, who will provide automated loan transactions in the ecosystem. It is expected that AI-powered Amanda will analyze user behavior and offer the most efficient and customer-oriented financial services within the platform. In addition, Amanda will help in tracking the collateral and repaying the loan (similar to the bank's managers). Thus, this Platform is designed to exclude the human factor inherent in banking, which often leads to questionable terms of the contract, hidden commissions, etc. ![money mam.jpg](https://cdn.steemitimages.com/DQmWieLbuXJz76snCSP1EjRc9JR2Qvvxy9XzdCuQcRaZcNW/money%20mam.jpg)

Economy of the token

When using the Utility token of the MoneyToken ecosystem, borrowers will receive a discount on interest and platform charges. In addition, both lenders and borrowers who use the platform token will be able to benefit from privileged membership and participation in decentralized voting.

Strengths of the project

The main advantage of the platform is that users can take loans without having to part with their crypto assets. This is crucial for the majority of crypto currency holders, because most often they use their funds for investment purposes, not for payments. With the help of this solution, the holders of crypto currency will be able to maintain their investment positions in the market and take loans. Another advantage of the project is the opportunity to avoid the traditional obstacles associated with creditworthiness testing, which borrowers usually have to overcome. The economy of the token and the benefits for early investors were well thought out. Token has exclusive characteristics and allows the owners of tokens to use all the features of the platform. The project provides for the creation of a security fund that guarantees the fulfillment of all obligations of the platform regardless of the volatility of the crypto-currency market.

Weaknesses of the project

Some aspects that are crucial to the functionality of the platform have not been described in detail. For example, there is very little information on the risk management method that is required when providing such services. The documentation does not contain enough information about the MoneyToken payment card and future fiat credits. As far as the development and operation of the project services in accordance with the road map, many legal and technical issues can arise. But in any case it is clear that some aspects, which so far seem to be unclear, will be developed as the projects progress. The team is competent and experienced enough to think through and find solutions to problems that may arise. In general, the project looks promising and deserves the attention of investors.

ICO

Start date ICO: 05/02/2018 End date: 06/06/2018 Name of the token: IMT Type of the token: ERC20 ICO Soft cap: $ 3,000,000 ICO Hard cap: $ 35,000,000 Price of the ICON Token: 1 IMT = $ 0.005 Accepted crypto-currencies: BTC, ETH, BCH, DASH, LTC, NEM All unsold tokens will be destroyed.

Learn more about the project:

Twitter: https://twitter.com/MoneyToken Facebook: https://www.facebook.com/MoneyTokenOfficial/ Website: https://moneytoken.com/ Whitepaper: https://moneytoken.com/doc/MoneyTokenWP_ENG.pdf Telegram: https://t.me/moneytoken Official Author: mampham Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1234556