Moneto - a new technology in crypto-currencies

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The market attracted attention in the year of 2017. Then bitcoin grew more than 20 times in a year and a lot of people appeared on the markets, wishing to make money at the price hikes. The approach of investors to the world of crypto currency has also changed. Previously, mainly enthusiasts and speculators worked on it, now large corporations of the corporation are paying more attention to this sphere.

Moneto provides users with a unique version of the loan money. To receive so-called credit, users need to transfer a certain number of bitcoins simply as collateral and after that you can count on a successful loan. This version of the loan is very convenient, as before, for example, to get or buy coins that you need, you were forced either to sell your crypto-currencies or buy them for fiat money. With the Moneto system, everything has become much easier: you get a loan, and at the end of the period you return the loan amounts and small commissions for use.

Also, the startup team developed various loan options. You will be able to take the amount of 70% of this as a deposit of bitcoin at the rate of obtaining a loan, but such a loan is high-risk, so if the borrower fails to fulfill obligations, such a loan will be sold, the standard option - up to 50% of the cost of provided bitcoins as collateral. Loan commissions will be minimal, all costs and expenses will be settled in a fixed currency. 
The team will also develop a special software for smartphones with the help of which in a couple of clicks you can get your loan. Given the speed of penetration of crypto currency into many areas of our lives, it is not surprising if most online stores will soon accept payments in the crypto currency. Against this background, the Moneto project looks very advantageous: you will be able to receive loans under low commissions and calculate these funds in online stores or purchase everyday goods without problems. 
In addition, the constantly rising bitcoin rate also makes it possible to make good money for borrowers, since if the rate rises for the time of the end of the loan, the debtor will redeem it at the rate that was at the time of taking the loan. 
Another of Moneto's special distinctions is that the client in any case provides any collateral. In the market, crypto-currencies already operate similar services, but not all are provided with a security deposit. On the one hand, it is convenient for the client - it does not require any material guarantees from him, but such processes are disastrous for the system itself, as ill-conceived loan repayment options will cause irreparable harm to creditors and the system as a whole. In Moneto, loans are secured by 100%, which excludes the possibility of fraud or deception on the part of borrowers. 
The team plans to automate the Moneto system for the convenience of each of the parties. Customers will be able to instantly receive the required funds immediately after the provision of a specified collateral, which can be redeemed at the agreed price. All this relieves users of unnecessary red tape, such as the provision of additional documents, search for guarantors and so on. Also one of the advantages of Moneto is that there are no penalties and delinquencies in the system, if for some reason a customer does not buy back on time or can not redeem his loan, he loses only his pledge and everything. Such transparent conditions attract bona fide borrowers who are used to using bank credit services. 
ICO Details
  • Token: MTO
  • Standard: ERC-20
  • Number of tokens - 3 950 000
  • The number of tokens available on the ICO is 3,000,000
Pre-Ico begins on April 10, 2018 and will last for 30 days in advance. Bonuses are provided for early participants, you can find more details on the discount on the company's website (links at the end of the article). The main stage of the ICO begins on June 10, 2018. The price of the token on the basic ICO: 1mto = 0.01 eth
In summary, the idea of ​​the project is not new, but it is thought through to the smallest detail. The main principle of the company is not empty consumer lending, but the proper provision of loans. With a successful crawside, I think the team will release its product as soon as possible.
To get acquainted with the details of the project you can follow the links below:

Site : https://mone.to/
Whitepaper: https://s3.us-east-2.amazonaws.com/moneto-whitepaper/moneto_whitepaper.pdf
Facebook: https://www.facebook.com/Moneto-ICO-210668832840975/
Twitter: https://twitter.com/monetoteam
BTT: https://bitcointalk.org/index.php?topic=2934923
Telegram: http://t.me/Mone_to
Author by: Ayin2206
https://bitcointalk.org/index.php?action=profile;u=1053430

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