MONETO

Finance
Overview
Boom score:
Medium
Risk score:
Low
Description:

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

Founded:
Russia
Social:
Project description
ICO Details
TECH
Documents

The name of our start-up is MONETO, and it really makes sense as our core goal is to provide crypto lending. Namely, it is BTC that secures credit provision, in our case. You, the one reading this piece, could be anyone ranging from an ordinary user, advocating for partly storing funds in crypto, to a seasoned trader, retail investor or even a hedge fund pro. We are sure that any crypto-pool owner would find our service particularly interesting, too. Let us get straight to the point now. We are a decentralized platform powered by Blockchain. You already know our name so nice to meet you. We have issued our utility tokens – the namesake of the service itself. Alternatively, they are called MTOs. We in MONETO contend that our platform is destined to bring you upscale crediting service killing three birds with one stone. Oh yes, that is possible. First and foremost, on having registered in the system, you effortlessly get fiat currency for a specified period. Secondly, once your credit period is over, the only thing you have to do is to pay off your debt in BTC with just a small surcharge (excluding GAS). The third advantage here – a natural cherry on the cake – is our approval of all crediting applications, without exception. You add to that no need to queue for hours to get that long-awaited ‘yes’ – and MONETO will become quite a clear choice for you. One should note that, despite using the most popular crypto-currency as collateral for crediting, we in MONETO extend loans in fiat money. There exist several features of our Blockchain-based crediting service you should familiarize yourself with: 1. The upper loan threshold equals to 70% of your current collateral value. 2. There are two scenarios to a buy-back transaction. 3. The more MTOs you own, the more profitable your tailor-made loan scheme becomes. All the guarantees mentioned above that we produce secure results for our potential investors.

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ICO Date:
17.04.2018 — 17.05.2018
Accepts:
ETH
Technical details:
Soft cap 2500 ETH
Hard cap 25000 ETH
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