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MoneyToken

A blockchain-based financial ecosystem

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.

2018-02-07 - 2018-06-07
Token
IMT
Price
1 IMT = 0.005 USD
Tokens
10120000
Token Type
ERC20
Hard Cap
35,000,000 USD
Soft Cap
3,000,000 USD
Raised
$37189195
Platform
Ethereum
Distributed
45%
Accepting
ETH, BTC, BCH, LTC
ICO Start
2018-02-07
ICO End
2018-06-07
Country
UK
More on ICO
Report
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.