Upcoming ICO: Spend and save at the same time with MoneyToken

on May 2, 2018

What is MoneyToken?

Anyone who’s dabbled in the world of cryptocurrencies, will be aware of how volatile they can be. Indeed, crypto traders often find themselves wanting to sell assets or diversify their portfolios but are scared to do so.

The reason? They fear that once they sell a particular asset, its value will subsequently surge and they’ll have lost out on valuable revenue. It’s crypto FOMO (fear of missing out), if you will.

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MoneyToken threatens to solve this issue for good.

How? Well, the platform lets users borrow liquid funds instantly, based on the current value of their cryptocurrency asset holdings.

You take out a loan, with more volatile assets such as Bitcoin or Ethereum acting as the collateral. In return, users receive an agreed loan amount in a stable currency. So far, so good.

Now, herein lies the magic. After repaying the loan, users get their whole collateral back, even if said collateral has increased in value. This way, users are able to acquire liquid funds, while saving their crypto positions, allowing them to stay in the investment game for the long run. It’s a win, win.

ICO details

For the main round of the ICO, which began today and will conclude on June 6 (unless the hard cap is met before then), the soft cap is $3 million (approx. £2.2 million) and the hard cap is a whopping $35 million (approx. £25.7 million).

Investors can donate using a range of virtual currencies, including Bitcoin, Ether (Ethereum’s native currency), Bitcoin Cash, DASH, Litecoin, and NEM.

During the token sale, one IMT (MoneyToken’s native currency) is valued at $0.005, but once IMT tokens hit the exchanges in June, this will increase tenfold to $0.05.

There is also a bonus scheme in play during the token sale, based on the amount of tokens distributed.

When the total amount raised lies between zero and $10 million, the bonus will be 20%.

When between $10 million and $20 million has been raised, this will drop to 15% and when between $20 million and $25 million has been raised, the bonus will be 10%.

Between $25 million and $30 million, there’ll be a 5% bonus and beyond that there will be no bonuses.

See below for token sale and bonus details:

What MoneyToken says


MoneyToken – A Blockchain based Financial Ecosystem focused on cryptocurrency-backed lending and crypto assets leveraging The main idea of MoneyToken that an innovative economic model allows you to hold onto your cryptocurrency and spend cash at the same time.

MoneyToken consists of:

  • MoneyToken lending platform that provides loans in fiat currencies or stablecoin, secured by collateral in BTC and ETH
  • MTC – MoneyToken’s own stablecoin
  • MoneyToken decentralized Exchange service

For more information, please refer to MoneyToken’s whitepaper