While blockchain technology is an exciting innovation, the technology is far from perfect. One problem is that spending crypto assets prevents those holders from enjoying the potential future benefits of their investments. These crypto assets need to be held in order to mature and offer benefits to their holders. However, this problem might have a solution now, thanks to MoneyToken.
MoneyToken[1] is a platform that allows people to borrow liquid funds instantly, based on the value of their crypto assets. You take out a loan, collateralized with crypto assets such as Bitcoin or Ethereum, and in return you will receive an agreed loan amount in a stable currency. After repaying your loan in full, you receive the collateral back; even if it has increased in value. It provides a great way to acquire liquid funds (in the form of stable coins or fiat currency), without having to sell your crypto assets, all while still enjoying the potential growth of your investment.
Loans can be for as little as $500 and as large as $1,000,000 and can have terms that range from 3 to 90 days, with long-term loans also being available. The platform is great for miners, investors, traders, ICOs, and exchanges alike.
Behind MoneyToken is Amanda. Amanda is an Artificial Intelligence Assistant which provides automated loan operation, registration and approval on the platform. She will walk borrowers through the entire loan process from application to repayment check-ups and will ensure they are alerted if any margin calls were to arise. She will also be able to consult with users on the platform, help during the token generation event and update registered users of any news or pertinent information. In addition to that, Amanda will showcase the functionality of the platform
