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Monday 21 May 2018

MONETO - WE ISSUE INSTANT LOANS SECURED BY BITCOINS


MONETO is a loan service, through which users will be able to receive fiat money on the security of Bitcoin online and almost instantly.

The main purpose of the MONETO is to provide an opportunity for registered users in the system to obtain a currency for a specified period, and then, without significant transaction costs, return the crypto-investment. Given that there are no risks on the part of the system since all loans are collateralized, the project will be able to open wide opportunities for potential investors. After all, the investments made within the ICO in the online lending MONETO will be completely risk-free.

MONETO the special online crypto crediting service. With the help of this unique project, players, specialized in trading with Bitcoin, will be able to promptly withdraw fiat money on the security of the cryptocurrency and buy back the cryptocurrency with a small commission.
The first and most important task is to transfer your money needed for different purposes. We allow you to take a great deal of money from the blockchain system at that actual current exchange rate. The second, no less important task to solve, is to keep your savings in BTC. You will be able not only to get money out of the “blockchain stash of cash” in time and use them in the opened window of opportunities but also to return your bitcoins later, after the rate increases. And the most important thing: Bitcoins will be repurchased at the same rate you sold them to us. That’s it! Having repurchased them with some extra payment, you increase your savings because of the difference between the old and new cryptocurrency rates.
MONETO charge interest rates of a small percent for giving money to you and keeping BTC until it is repurchased. In fact, you won’t notice it in contrast to the received amount. Bitcoin has recently started gaining popularity, but many financial instruments have already appeared in the market, which is traditional for offline monetary units. Thus, a credit service for this cryptocurrency has become one of the most popular instruments in the world.
The possibility of borrowing Bitcoin is provided both by specialized exchanges and by profile online platforms.
Due to the lack of clear regulation rules, such transactions are risky. People who want to take a loan in cryptocurrency will need to provide a certain package of documents, including a copy of the identity document as a guarantor and a tool to identify risks. For the investors, who want to provide a loan, there remains the option that the loan will not be returned. Most often, the indicator of the borrower is an internal rating of the resource that provides such services.
MONETO will provide an opportunity to take a loan on the security of Bitcoin as quickly, conveniently and safely as possible. A participant in the platform will be able to choose the best loan conditions by creating an application for a loan. It is planned that the maximum amount of a loan will be up to 70% of the collateral’s current value. The user will be able to return the deposit by paying a small commission. If he or she does not take advantage of this opportunity, the mortgaged Bitcoin will go to the platform. Then it will be sold on the exchange. Money is transferred directly according to the payment information provided. In order to get a loan, the borrower needs to go through the identification process.
MONETO is a specialized platform to provide loans in a fiat money on the security of Bitcoin.
Why join MONETO?
One of the reasons I recommend joining MONETO is with MONETO lending services, all applications will be online and will again receive online approval from the system with no long-term expectations provided that the mortgage is paid as needed. With this, you sit in the comfort of your home while you enjoy the best instant loan loan service. This will provide an excellent opportunity for our customers to use this service. MONETO services can be a useful financial tool for both regular traders and professional traders.
ABOUT THE PROJECT:
PURPOSE AND ADVANTAGES
The main purpose of the MONETO is to provide an opportunity for registered users in the system to obtain a currency for a specified period, and then, without significant transaction costs, return the crypto-investment. Given that there are no risks on the part of the system since all loans are collateralized, the project will be able to open wide opportunities for potential investors. After all, the investments made within the ICO in the online lending MONETO will be completely risk-free. In addition, for all potential investors and tokens holders, it is planned to develop a special dividend policy.
Under this mode of issuing a loan, which will be implemented in the MONETO platform, most of the risk is borne by borrowers. After all, if there is a violation of the maturity of the loan, a sharp drop in the Bitcoin exchange rate, and a decline in the market value of assets up to the amount of the loan issued, the mortgaged cryptocurrency assets will pass to the platform. The mortgage will cover all possible losses.
The official jurisdiction of the MONETO will be located in the Zug (Switzerland). This city is also called the capital of the European Crypto Valley Association. The first digital certificate was issued officially with the help of this platform in Switzerland. In recent years, Zug has attracted more and more FinTech start-ups, including Bitcoin-companies. So, an experiment on receiving Bitcoin for utilities and other municipal services was implemented here.
You Have Two Buy Back Scenarios.
Bitcoin Goes Up
You are going to get profit. Buy back and feel good with raised bitcoin.
You got $1000 for your bitcoins. You were using that money for a month. Now the bitcoins costs two times more. And you will be two times richer. Just buy back bitcoin for that $1000 with a little fee.
Bitcoin Goes Down
You aren't a loser. Pass, don't buyback. You've already gone in cash.
You got $1000 for your bitcoins. Now the bitcoins costs two times less. And you don't want to pay $1000 for what costs $500. Use your $1000 cash and buy two times more bitcoins.
THE ISSUANCE OF TOKENS AND DISTRIBUTION MECHANISM
MTO TOKEN PARAMETERS:
token name— MONETO;
  • token symbol — MTO;
  • token standard — ERC20.
  • maximum token supply — 3 950 000 MTO
  • available in public token sale — 3 000 000 МТО
PRE-ICO
The PRE-ICO holding will allow escaling of the development of the project. Within the PRE-ICO, investors’ funds will be exchanged for MTO tokens. The duration of the PRE-ICO is 30 days.
Start PRE-ICO — 2018/04/10 at 0:13 a.m.
  • The duration of PRE-ICO — 30 days.
  • Minimum contribution — 0.008 ETH or its equivalent.
  • Cryptocurrencies accepted — ETH.
  • The preliminary price of the token for PRE-ICO — 1 МТО token = 0.008 ETH.
  • The bottom line for PRE-ICO — 150 ETH
  • The ceiling value for PRE-ICO — 1500 ETH
ICO
  • The ICO period — 30 days.
  • Start ICO —2018/06/10 at 0:13 a.m.
  • Duration of ICO — 30 days.
  • Minimum contribution — 0.01 ETH
  • Cryptocurrencies accepted — ETH.
  • The preliminary price of the token for ICO — 1 МТО token = 0.01 ETH.
  • The bottom line for ICO — 2500 ETH
  • The ceiling value for ICO — 25 000 ETH
  • After the ICO, new tokens will not be issued.
RoadMap

Q3, 2017
IDEA, MARKET ANALYSIS, DEMO APP, DEVELOPMENT.

Q4, 2017
WHITE PAPER.

Q2, 2018
SMART CONTRACT DEVELOPMENT COMPANY REGISTRATION, VQF MEMBERSHIP AGREEMENT, PRE ICO.

Q2, 2018
TEAM DEVELOPMENT, PRODUCTION READY APP, ICO.

Q3, 2018
TOKEN LISTING, PAYMENT SYSTEMS INTEGRATION, APP LAUNCH.

2019
MARKETS EXPANSION.



Team




For More Information :
WEBSITE: https://mone.to
Author
Forum Username : olitaptapan
Wallet : 0x4832C1D8352841b26577695dEc7B741187D5d1fA

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