MoneyToken

MoneyToken

MoneyToken

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.

Information

ICO Time:
22.03.2018 - 22.04.2018
Ended
Soft Cap:
3000000 USD
Hard Cap:
35000000 USD
Platform:
Ethereum
Restrictions:
Website:
https://moneytoken.com
Social networks:

Team

Alex Rass
- CTO & Co-Founder
Jerome MacGillivray
- CEO & Co-founder
Jeffrey Chudy
- Finance
Owen Byrne
- Business Development
Rishi Agnihotri
- Strategy Development
Ryan Swan
- Software Engineer
Alex Fisun
- COO
Annette Miller
- Support & Communications

Advisors

David Allen Cohen
 
Steve Rubakh
 
Didi Taihuttu
 
Roger Ver
 
Mate Tokay
 

Description

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.

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