BMJ Score: 3.8
Market
Transparency
Team
Token
Adoption
Quick Summary
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Investment Information:
- How to invest: Money Token provides a detailed explanation of how to participate in the pre-sale in this their Medium post
- Discount: Discounts: Bonus of 25%
- Eligibility: All eligible, no indication of minimum investment
Market: 4.4
- Spending crypto assets today removes the investor’s ability to benefit from any future growth in value; investors who buy low need to hold on to their assets in order to benefit from selling high
- Miners (avoid cash flow issues or invest in more equipment, without losing your existing mined currency), exchange services , crypto holders, traders, and investors, ICOs (quickly access cash for short term business needs)
- Benefits of holding token and becoming a member on the platform: Privileged terms for platform users when depositing IMT to receive Customer Membership. Up to 60% discount on the platform fees for Customer Membership. When using the discount from the user’s balance, the equivalent of 50% of the discount in USD is charged in IMT tokens. The opportunity to become a creditor when depositing IMT for Lender Membership
Transparency: 3.7
- The MoneyToken platform allows you to borrow liquid funds right now, based on the current value of your cryptocurrency asset holdings. You take a loan, collateralized with more volatile assets such as Bitcoin or Ethereum — and in return you receive an agreed loan amount in a stable currency. And after loan repayment you will receive your whole collateral back, even if collateral has many times increased in value. This way, you get liquid funds, while also saving your cryptocurrency position and stay in the long-term investment game. With MoneyToken, you no longer need to sell BTC every time you need liquid funds
- MoneyToken had a closed, private sale. They provide a white paper, one-pager, and token sale sheet. Beta version has been launched but has limited features
- 45% distributed during the sales, 40% in reserved fund, 10% to team, 2% to Advisors, 2% to partnerships, 1% bounty. Concerned at how much (dollar wise) goes towards the team. It's also typical to see the majority issued via the sales. MoneyToken does NOT provide any information on how funds will be allocated.
Team: 3.5
- CTO and co-founder, Alex Rass, has a masters in computer science and has years of experience in US Fintech at places like Goldman Sachs, Prudential Financial, and Bloomgberg, Rass also advises CoinDesk journalists on technical issues. CEO and co-founder, Jerome MacGillivray, is the former CEO of an R+D software company and blockchain enthusiast. MoneyToken has a small team and set of advisors, but they all appear very professional and all have Linkedin accounts
- It's curious that there is no information on use of funds from the ICO sales. That being said, the team has demonstrated experience and a clear passion for blockchain projects
- Alex Rass (LinkedIn)
- Jerome MacGillivray (LinkedIn)
- Jeffrey Chudy (LinkedIn)
- Owen Byrne (LinkedIn)
- Klim Davies
- Ryan Swan (LinkedIn)
- Alex Fisun (LinkedIn)
- Annette Miller
Team Members
Token Mechanics: 3.4
- The token is not required, that is for sure. It provides the holders of IMT (Initial Money Token) with certain benefits, but anyone can use the platform without the need for IMT
- The token will add value for the holders in the sense that they'll receive discounted memberships and fees. Pretty similar to other utility tokens that are paired with specific platforms
- Decentralized B2B2C Network
- Total token supply is 22.49 billion
- MoneyToken has launched their 1st phase release of the platform. It has limited functions right now, but will gain more capabilities over the course of the year. There are 4 phases in total
User Adoption: 3.7
- No indication of partnerships
- Decent hype surrounding MoneyToken. They also have a pretty strong social media following.
