MONETO
About the MONETO Platform
MONETO is a Unique Blockchain and Cryptocurrency Crediting Credential that provides an opportunity for registered users in the system to earn currency for a certain period of time, and then, without significant transaction costs, returns crypto-investment.
This enables unlimited loan transactions between consumers and credit services with the only vision of generating wide opportunities for potential investors. Prior to the risk associated with secured loans, MONETO MONETO will be completely risk free.
PROJECT FEATURES
By using our products, users will be able to obtain more favorable conditions for their loans, without selling crypto. No need to sell digital currency in order to receive cash; users only need to transfer the required amount of Bitcoin as collateral. Returning the mortgaged kriptoes is simple: before the end of the loan period, the user must transfer the loan amount and pay a small commission to use the loan. Loans are transferred in accordance with user-provided payment data; so verification identification is required.
Each user will be able to choose the type of loan. For example, if the user requires a maximum amount of fiat currency (up to 70% of the actual Bitcoin value at the current exchange rate on the date of purchase), then there is the opportunity to take a high-risk loan. However, in this case, the mortgage will soon be sold after the end of the loan term if the client does not buy back Bitcoin in time. The alternative way is a standard loan, but here, the loan will be given in an amount equivalent to no more than 50% of the value of cryptocurrency.
At the same time, operational activities and additional commission fees will be minimized. Going forward, borrowers will be able to use fiat-denominated lending funds: to receive cash at ATMs, settle in stores and outlets through the terminal, or make online purchases on the Internet, depending on their needs. Mobile apps that will be installed on your smartphone or tablet will help users perform all transactions. Trial mode is now available. This allows the user to view all operations while using Testnet Bitcoin as a cryptocurrency.
In addition, it should be taken into account that the Bitcoin exchange rate, according to recent years trend, shows steady growth, especially in 2017, and MONETO will give users a good chance to repurchase their mortgages at an interest rate on loan. Therefore, customers, thanks to MONETO services, will be able to earn good money and pay off all possible costs, increase their capital. MONETO is a special platform for lending in fiat money for Bitcoin security.
PURPOSE AND PROFITS
MONETO’s main objective is to provide an opportunity for registered users on the system to earn currency for a certain period of time, and then, without significant transaction costs, return crypto investment. Given there is no risk from the system because all loans are secured, this project will be able to open up wide opportunities for potential investors. However, investments made within ICO in MONETO online loans will be completely risk free. In addition, for all potential investors and token holders, it is planned to develop a special dividend policy.
In this loan issuance mode, which will be applied on the MONETO platform, most of the risks are borne by the borrower. However, if there is a breach of loan maturity, a sharp decline in the Bitcoin exchange rate, and impairment of market assets until the loan amount is issued, the mortgaged kriptocal assets will be forwarded to the platform. Mortgages will cover all possible losses.
The official jurisdiction of MONETO will be located in Zug (Switzerland). The 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 FinTech start-ups, including the Bitcoin company. Thus, attempts to receive Bitcoin for utilities and other municipal services are implemented here.
Participation in ICO will enable buyers to become investors, may profit from increasing the value of a distributed token or using it for internal transactions. This investment method will speed up the funding process and will execute the platform. In addition, ICO is the most transparent and modern investment practice. In the future, a special dividend policy will be developed for token holders.
TOKEN AND DISTRIBUTION PUBLISHING
Token name — MONETO
Token symbol — MTO
Default token — ERC20
Maximum token supply — MFO 3 950 000
Token is publicly available for ICO — 3 000 000 МТО
The MTO Token (MONETO) will become the book entry securities. MTO tokens can be freely transferred among all participants. The Token owner will be able to receive annual dividends and MTO payment tokens instead. The team is currently restarting a private study where every investor can request dividend information.
Pre-ICO
In PRE-ICO, investors’ funds will be exchanged for MTO tokens. The duration of PRE-ICO is 30 days.
Starting from PRE-ICO — 2018/04/10 at 0:13 am
Duration of PRE-ICO — 30 days.
Minimum contribution — 0.008 ETH or equivalent.
Encryption received — ETH.
Initial token price for PRE-ICO — 1 МТО token = 0.008 ETH.
The point for PRE-ICO — 150 ETH
Ceiling value for PRE-ICO — 1500 ETH
Indexation bonus: the discount will decrease from 10% to 3% in the following order:
First week — 10%;
Week 2–5%;
3 weeks -3%.
ICO participants will be able to obtain the required number of MTO tokens. To do this, participants must decide on the participation phase and the number of ETHs readily exchanged for the MTO tokens. The participant will then send the required ETH amount to the ICO smart contract. In addition, smart contracts automatically distribute tokens among participants of the current stage according to the token fee, set at the current stage. Once tokens are accepted, ICO participants may use them in their sole discretion.
ICO Period — 30 days.
Start ICO -2018/06/10 at 0:13 am
ICO duration — 30 days.
Minimum contribution — 0.01 ETH
Encryption received — ETH.
Initial token price for ICO — 1 МТО token = 0.01 ETH.
The point for ICO — 2500 ETH
Maximum value for ICO — 25 000 ETH
After ICO, new tokens will not be issued.
ICO
Crowdsale.
30 days starting 2018/06/10 at 0:13 am (UTC -8)
The discount will decrease progressively from 10% to 3% in the following order:
First week — 10%
Week 2–7%
Week 3–5%
Week 4–3%.
MORE INFORMATION PLEASE VISIT LINKS BELOW:
WEBSITE: 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
by POLENG
ETH address: 0x81a9Abdc9662BD7a285Fb1DA5b03E5Fb5c7a6c9a
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