PR: Crypto Backed Loans Platform MoneyToken Has Announced the Private Sale
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All of us were thrilled by the MoneyToken’s advances and successes recently.
During the last several months, the team has achieved a lot: applied for a crypto-backed loans patent, announced Amanda AI loan assistant, and finally – almost finished their MVP development.
MoneyToken has announced the Private Sale, which is meant to start on February 7th at 15:00 UTC. 1,75% of the total token supply will be distributed with +40% bonus during the Private sale.
To gain access to the Private Sale, all users should join the MoneyToken Whitelist
MoneyToken MVP is also expected to launch at the end of Q1 2018.
What is MoneyToken?
MoneyToken is a Blockchain-based Financial Ecosystem, which consists of:
MoneyToken lending platform that provides loans in fiat currencies or stablecoins, secured by collateral in BTC and ETH
MTC – MoneyToken’s own stablecoin
MoneyToken decentralized Exchange service
What problem does MoneyToken solve?
The problem has been obvious for some time – spending crypto assets today removes the ability of an investor to benefit from any future growth in value; investors who buy low need to hold on to their assets 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. After the loan repayment, you will receive your whole collateral back, even if it has increased in value many times.
In the end, you’re able to acquire liquid funds, save your crypto position and stay in the investment game in the long run.
With MoneyToken, there is no reason to sell your BTC when you need liquid funds.
<small>This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.</small>
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