Moneto (MTO)

Moneto (MTO) widget

ICO date: 10.06.2018 - 09.07.2018
Product Type: Platform
Industry: Crowdfunding & Lending
Description:

MONETO will provide an opportunity to take loans on the security of Bitcoin.

Features:

A MONETO participant in the platform will be able to choose the best loan conditions by creating an application for a loan. It is planned that the maximum amount of a loan will be up to 70% of the collateral’s current value. The MONETO user will be able to return the deposit by paying a small commission. If he or she does not take advantage of this opportunity, the mortgaged Bitcoin will go to the platform. Then it will be sold on the exchange. Money is transferred directly according to the payment information provided. In order to get a loan, the borrower needs to go through the identification process.

The lending service MONETO will provide an opportunity for users to choose the loan terms themselves. Depending on the selected option, the system will determine the percentage of commission.

MONETO is to provide an opportunity for registered users in the system to obtain a currency for a specified period, and then, without significant transaction costs, return the crypto-investment.

The MTO token (MONETO) is a utility token, or internal project coin. The MTO token is an opportunity for potential project investors to gain access to various services after the launch of the Moneto.

Website: mone.to
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Medium 2.4 / 5.0
Risk score
NA

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See also