A Revolutionary Lending Model
Smart contract blockchain
Jeffrey Chudy - FINANCE
Annette Miller - SUPPORT & COMMUNICATIONS
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, collaterized 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 will receive your whole collateral back, even if collateral has many times increased in value multiple times. This way, you're able to acquire liquid funds, save your crypto position and stay in the investment game for the long run.
MoneyToken were able to find and effectively solve a fairly common problem that arose against the background of the active passion on cryptotrading. They used the classical scheme, which is used even now with other types of assets, when instead of selling assets in exchange for fiat money, investors can transfer them as collateral, thus preserving the opportunity to earn on the growth of the asset rate. As for the project - everything looks very worthy - a quality website that contains a lot of information that is easy to understand. It's bad that the project team is not very big, if compared with other projects in such high-tech financial sphere.
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