Token/Symbol
IMT
Type
ERC20
Platform
Ethereum
Accepting
ETH, BTC, BCH, LTC
Token Count
20,000,000,000
Price
1 IMT = $ 0.005

Author: dev.samal84

https://bitcointalk.org/index.php?action=profile;u=1176036

MoneyToken is trying to do one of the most significant thing for crypto assets that ideally must have been done by the financial institutions or banks. For any economy to thrive and evolve, the assets must be used in multiple cycles to unlock real value out of those. For example, Gold is kept in a safe deposit box will get its value appreciated over the years but the real value unlock happened when financial institutions started taking gold as collateral. But the same yet to happen in crypto-world. At this moment Bitcoins, Ether and other mainstream cryptocurrencies are locked in the wallet of investors. Like any other new and evolving technology, blockchain and cryptocurrencies are not yet accepted by banks as financial assets. This prevents from the value unlocking of these crypto assets. Moneytoken is trying to address this gap and bring real life use cases to these ideal cryptocurrencies therby making those mainstream.

What problem does MoneyToken solve?

As stated above, the problem has been obvious for quite some time - spending crypto assets today prevents cryptocurrency holders from gaining on any future growth in asset value. This makes people stock the crypto in their wallets or lose by selling cheap when need arises.

MoneyToken solves this problem by allowing 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 loan amount in a stable currency or for that matter, in fiat currency immediately. So you don't lose your long term investment opportunity just because of your short term needs.

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.

What is Amanda?

Amanda is the core of MoneyToken platform. Amanda is an Artificial Intelligence Assistant who will provide automated loan operations on the platform. She will also showcase MoneyToken’s platform functionality before the official platform launch.

Who is the platform for?

  • Miners: Avoid cash flow issues or invest in more equipment, without losing your existing mined cryptocurrency microscheme.
  • Traders and investors: Hold on to your cryptocurrency investment portfolio and use leverage to make further investments or increase your liquidity.
  • ICOs: Quickly access cash, without all the red tape, for short term business needs
  • Exchanges: Meet extra cash needs while hedging exchange risks and leveraging your crypto assets

Token Sale Details

MoneyToken is conducting an ICO to raise money for platform development, operation and expansion. The IMT coin is an ERC20 compatible token that will fuel the MoneyToken platform and will be used for every transaction as commission. 

Symbol 

IMT

Platform 

ERC20 (Ethereum)

Total Tokens 

20,000,000,000

Available for Sale 

9,000,000,000

Price 

$0.005

Accepting 

ETH
HardCap 
$41,500,000

Team


Alex Rass

CTO, CO-FOUNDER

Founder of ITBS LLC. Master's Degree of Computer Science from Stevens Institute of Technology. Many years of experience in US Fintech sector at places like Goldman Sachs, Prudential Financial, Bloomberg. Advisor to CoinDesk journalists in technical issues for blockchain and computer security. Over 15 years of experience in development of software systems, marketing and strategic planning of IT products.


Jerome MacGillivray

CEO, СO-FOUNDER

CEO of a global R&D software development company and Blockchain enthusiast, Jerome co-founded MoneyToken out of an interest in the future stability of the cryptocurrency world and a desire to grow the value of cryptocurrencies as both assets and a usable frictionless global payment currency.


Jeffrey Chudy

FINANCE

Cornell Johnson Graduate School of Management, MBA. Certified Bitcoin Processional (CBP). Professional Risk Manager (PRM). Over 15 years of experience in valuation, risk, and consulting at AIG, Ernst & Young, Bear Stearns, Deutsche Bank and Citibank.


Owen Byrne

BUSINESS DEVELOPMENT

Vice President of ITBS LLC. MBA degree from EDHEC Business School. Over 15 years of experience in consulting and management in IT. Possesses extensive knowledge of business/technology and a progressive, practical approach to organization improvement.


Alex Fisun

COO

With experience in marketing and business development strategy, Alex main role at MoneyToken involves strategic alliances and partnership development in both sales and product development. Alex has had a keen interest in cryptocurrency since bitcoin first hit the scene in 2011.

Roadmap


White Paper

Investment Info
Accepting ETH, BTC, BCH, LTC
Token Info
Token IMT
Platform Ethereum
Type ERC20
Token Price 1 IMT = $ 0.005
Token Count 20,000,000,000
Schedule
Crowd Sale Start Date 2018-March-22
Crowd Sale End Date 2018-April-22

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Author: dev.samal84

https://bitcointalk.org/index.php?action=profile;u=1176036

Disclaimer : Please note that we are not associated with the ICO nor are paid for this review. This is our personal opinion and contributors are advised to do their due diligence before contributing to the ICO.

MoneyToken is trying to do one of the most significant thing for crypto assets that ideally must have been done by the financial institutions or banks. However like any other new and evolving technology, blockchain and cryptocurrencies are not yet accepted by banks as financial assets. This prevents from the value unlocking of these crypto assets. MoneyToken is trying to address this gap in the prevailing market and we are really glad to see this kind of projects coming up. So is MoneyToken worth investing or it is just a beautiful concept without much substance? We tried to analyse and rate the ICO based on our findings. 

We have analysed the ICO based on the below parameters: 

1. Necessity or problem statement (12%)

2. White paper (9%)

3. Product Status (10%)

4. Team (10%)

5. ICO Pricing (7%)

6. Business Model/Revenue Source (15%)

7. Token Value Increment Options (15%)

8. Social Media Presence/Hype (10%)

9. Competitors (12%)

Below is the score we have given for each parameter and overall rating of the ICO.

Parameter Total  Score
77.70
Necessity or problem statement
129.6
White Paper
95.4
Product Status
109.0
Team
108.0
ICO Pricing
75.6
Business Model/Revenue Source
1512.0
Token Value Increment Options
1510.5
Social Media Presence/Hype
108.0
Competitors
129.6
100 77.70


Please continue reading for detailed analysis. 

1. Necessity or Problem Statement (12%)

As stated above, we loved the idea. In fact we were really perplexed why it took so long for such an ICO to come up in the first place. It was long overdue in our opinion. Think of the possibilities that it will unlock. People will make use of crypto assets like Bitcoins as they are now doing for land, real estate and other such investments. People can start saving in crypto assets instead of gold. They can take a loan at any point by giving these assets as collateral. All these at much better rate and much more hassle-free than the traditional assets backed loan system. The necessities are:

  • People need a medium to use the crypto assets as collateral and unlock more value from it.
  • Many don't want to sell these assets at the time of need but are forced to due to lack of option.
  • The traditional assets depend on bank authorities to determine the value of asset. This in many cases lead to corruption and unfair valuation.
  • The loan process in traditional sector is cumbersome and time consuming. All these can be made hassle-free and quick with crypto-assets.
  • Transparency is a real challenge in traditional asset backed loan system.
  • Rate of interest is much higher in traditional asset backed loan system.

These issues must be addressed for the crypto space to be adopted by masses thereby making this much more mainstream and mature. So there is an absolute necessity of these kind of funds that takes the rick out of common investor and help the fund managed by the experts. We really appreciate the project and give them 8 out of 10 in this regard.

2. White paper (9%)

You can go through their whitepaper in the ‘Details’ tab.

Averagely written whitepaper. But to be honest, it is an investment fund project. We can't expect them to fill the whitepaper with technical architecture and implementation details. However, a comparative studies on other similar financing projects like MicroMoney, Ethelnd would have added lot of value. People would like to know why they choose MoneyToken instead of others and this is the most important omission in the paper. Anyways, overall a decent effort. We give then 6 out of 10.

3. Product Status (10%)

You can check the current product demo by visiting to https://account.moneytoken.com. You can create your account, do the necessary verification and apply for a loan. The system auto calculates the collateral amount and displays.


We liked to see an ICO which have a working prototype unlike many others who raise money just based on whitepaper. This goes a long way in showing the team's commitment towards the project. We give them 9 out of 10 for this parameter. 

4. Team (10%)

They have managed to build up a nice team with loads of experience in financial sectors. For this kind of project, the team is everything and the MoneyToken team really impress. The founders Alex and Jerome are known personality in financial world and have the experience of managing these over many years. Jeffry, Owen, Klimall are competent enough to make a formidable team. One missing part is lack of a decent blockchain expert team but that is not a showstopper for this project.Their advisers are among the best in the industry. Overall a highly capable team who has all the talent and resources to pull off an ambitious project like this. We give them 8 out of 10 for this.

5. ICO Pricing (7%)

They are planning to sell 45% of total available 20 Billion tokens to raise $41.5 Million. This makes the project valued at approx $90,000,000 with the current Ether price of $600. This seems pretty attractive at this point. However, for a project like this I guess they would need a bigger pool for proper investment. ICOs in similar sector raised more than $60 Million. Overall it is highly attractively priced but a overall project valuation of around $125 Million would have been perfect. We give them 8 out of 10 for pricing.

6. Business Model/Revenue Source (15%)

The revenue source is from lending in crypto space. As their strategy focuses around the viability of lendig and how people start participating in the project. They are bound to do well as the sector is completely untapped with high demand. The team will earn commission from the revenue generated and the fund valuation will increase in direct proportion with the increased revenue. We give them 8 out of 10 in this aspect.

7. Token Value Increment Options (15%)

The IMT token will be used as the utility token of the platform and to used as transaction commissions. So as and when people start using the platform, more and more tokens will be used and thus the value will increase steadily. We give them 7 out of 10 in this aspect. 

8. Social Media Presence/Hype (10%)

Their evangelizing efforts in various social media platforms like Telegram, Facebook, Twitter, LinkedIn, are all intensive and is gathering the intended mindshare among ICO enthusiasts. 

Twitter – 20000+ followers

Facebook – 5000+ followers

Telegram – 20000+ followers

Would would like them to focus more in this aspect as this will help them create enough noise to catch the attention of retail investors who don't have much of a choice in these kind of project and will certainly be interested in MoneyToken.  We give them 8 out of 10 in this aspect. 

9. Competitors (12%)

There are not many players in the space as of now as it is a evolving space. A couple of similar projects like Micromoney and Ethlead are also trying to do similar stuffs and may act as competitor to MoneyToken. Their performance will directly be compared with that of the competitors and to capture market, they need to perform well in their initial days. Based on their capable team and proven strategy, we hope that they will be able to fend of their competitor and capture market share. We give them 8 out of 10 in this aspect.


Based on our analysis we give a overall score of 77.7 out of 100 to MoneyToken which is an decent rating.

MoneyToken is providing something that is not available to retail investors. And the proven strategy of lending can be exploited well in blockchain sector making it one of the best projects in recent times. Users can take advantage of gains from cryptospace without having sell their assets for short term necessities.  A lot will depend on how they deliver in their initial days as it will act as a make or break thing for the future investors to the project. We see huge short term demand for the IMC tokens and thus expect project supporters to benefit from it. Long term demand will depend on how the team delivers to their initial investors. 

We give it “Above average” rating and a long term investment option with low risk and we expect the ICO to raise a decent amount in the ICO stage and won't be surprised if it hits hardcap.

MoneyToken - A blockchain-based financial ecosystem

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