The telegram channel is really active right now after changing the date of ICO, the team has receiving negative feedback from different investor or members but they are all doing their best to explain why they made some adjustment and clear up the minds of all members.
Well some of them are investor who expect that the ICO will end at 18th of November so they got disappointed after the changes of dates because maybe they are waiting for a long period of time but the team never left them and answered all of their questions. |
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One thing I like about the MicroMoney is the purpose of their AMM token, You can either hold AMM and wait for it to gain value or use it as collateral in the platform.
Exactly! not only the investor will benefit from this platform but also millions of people could change their lives by accessing the financial services, also they offer some rewards for the borrower if they pay their loans in time so it is a win-win situations. |
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I still support micromoney project but at telegram has many issue many investor I think disappointed about this extend time and I think will dumped after release has bonus for old investor  so that the investors stay quiet and relaxed We can't blame some investor who got disappointed about the extension because they are waiting for this project but 7 days is not really long and once they saw some changes on the sales then I bet it will put some smile one their face  |
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oh wow for a couple of days so many pages have been written))) I see the software kapu collected) movemy nowb to hard .... although something that 10 million collected already well. Well done
i taught i am the only one noticed that but anyway that is good for the project. it only means that there are lot of investors eyeing on micromoney. mm deserves this kind of exposure. The supporters keep coming as community keeps growing, they also have 6K members in their telegram channel so I'm not surprised if the pages hit 200 if all members drop by in this thread. I wasn't expecting anything less. MicroMoney is a people centred project and the public interest towards the ICO has continued to increase on a daily basis. I expect more and more people to drop byto identify with the project. The same traffic inflow is also witnessed in all the other media channels. Thumbs up to MicroMoney. It is always good for ICO's to have an active thread in this forum because it could attract a potential investor to joined in this platform. great job for everyone who contribute and help this thread to be more active! |
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Sure. MicroMoney project is an awesome initiative. No wonder the massive supports and investors confidence it has enjoyed starting from the ICO announcement day till date. A great project is usually great because of the uniqueness of the idea, the problem it aims to solve and the contents of the team behind it. MicroMoney is truly a great project.
I heared somewhere that micromoney will extend their ICO for another 1month. Can someone clear this up? Honestly, I am yet to hear that from any of the official MicroMoney channels. I believe if that will be which I doubt anyway, then the announcement will certainly come from the official Dev channels such as Telegram, Email, Twitter, Facebook and BTT. So, for now, let's focus on concluding this main phase first to achieve more successes. I continue to support the Micro Money, specially this time. By extending the token sale is a good idea for MM. By keeping a token sale to the community who is interested of it. Hopefully they got more investors and partners as well. The fact about extending ICO is they will have a bad feedback from early contributors but once their potential investor joined and hit the hard cap then I guess it can solved the problem because it can give hype on the project. |
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I think after ICO, when it will arrive at some good exchanges price will go up at least 3x. They have a great project and already working business.
No one really knows what will happen if they hit different exchanges but it is good for the investor if the value increase after the ICO. That's right , they will continue to invest if they know the good potential and sure profit of it. When the value increase the profit will increase too for sure. Investing in ICO's means that you believe in the project and price changing in the market should not affect you although most of the investor would like to get instant profit after the ICO. |
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I think after ICO, when it will arrive at some good exchanges price will go up at least 3x. They have a great project and already working business.
No one really knows what will happen if they hit different exchanges but it is good for the investor if the value increase after the ICO. |
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The team made the official announcement about extending the ICO for more 7 days due to popular demand, now the ICO will last until November 25, 2017 Thanks for informing us! I've read that the reason behind this extension is because of their big investor that would participate in ICO but need to collect funds to invest. |
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As i see on their medium miss universe thailand is supporting micromoney. If you were ask what will the biggest impact of her support?
oh is it true? Well coming from a beauty queen but first i'd like to know her credentials? By the way where did you get this? Yes its true i see it on their medium.  its a great publication that a beauty queen support this ICO. ohh interesting maybe she's on finance industry too, but to tell you it's very rare for a woman specially for beauty queen to be involve on things like this. or she just simply see that micromoney will be going to help a lot of people. thats why she support the project. One of their marketing strategy too but aside from getting a hype from this publication, it also show how great the team behind MicroMoney after getting a lot of support and partnership from a different individuals or companies. MM is a running business in Thailand so I guess that the miss universe supported this platform because MM helps a lot of her fellow citizen to change their lives by accessing financial services through this platform. |
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MicroMoney whitepaper states as follows... Token Distribution Structure
The MicroMoney Token distribution and the corresponding token creation process will be organized around smart contracts running on Ethereum.
Token name: AMM
Total TokenSupply: 60,000,000 AMM.
Tokens that are not sold during the Token Distribution will be destroyed.
Goals:
Minimum: $1 million. Maximum: $30 million.
If the Distribution campaign does not reach its minimal capital goal of $1 million, all funds will be returned automatically to the AMM holders by the Ethereum smart contract. Initial rate: Token price is locked to $1 per 1 AMM. The minimum cap is $1M as shown above but the dev latter announced that the softcap has been reviewed upward to $10M. I am particularly happy that this cap is almost reached. Thank you for the clarification that the dev brought back the soft cap to 10million usd. Changing the $10M soft cap is just a marketing strategy but the real soft cap is $1M they can't easily changed this if the ICO is running because it is included on the smart-contract that once the soft cap is not reached all funds acquired will be refunded back to each contributor. it is already written on thier whitepaper and smart contracts. isnt it illogical to have a 10million softcap for a microlending company? it willl be a huge scam if ever They provide a service for quite few countries and are planning to serve for more countries. 10million usd as a soft cap is not that big if you will provide a service for more countries. I think funds will be going to make a new offices for each countries. the roadmap of the project shows the plan on how they are going to spend the ico raised. if that is true this is the highest softcap ive heard. there is nothing to argue about anyway whether 10m is softcap or milestone we will be able to raise it anyway. The team use this marketing turn because they know that they can reach the $10M and you can see it on their website that they really did. |
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It's great idea to get loan through online. It's less hassle for everyone. No need to go through a long process.
Yeah thats great, So what are the qualifications for getting the loan program? I suggest to you go to the first page some of the information you want to know is right there. I think the basic requirement for a borrower is to have a mobile phone or computer because they use all data collected from this gadgets to assess the potential borrower score rate. |
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How do you think, will the project collect a soft cap?
It is left not big amount, but they have only two days..
Soft cap is reached which is $1 million, the $10 million soft cap shows in the website is their 2nd milestone, you can see it on the whitepaper. Soft cap - $1M Hard cap - $30M Core Milestone: 1st - $5M 2nd - $10M 3rd - $15M I can't blame newcomers if they confuse the $10mln soft cap as it was show on the MM website but to answer the question if the soft cap is not achieve then all funds acquired will be refunded back to each contributor. anyway it is not the case now as the soft cap was reached a long time ago |
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Thank you for spending your time and looking for this info. It is big volume of information that I should to read to make a decision. This article I'll read just now. They also offers some great bonuses for investors who can contribute more than $1000 but you need to message one of their official member in the telegram channel to get the details. |
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Guys wat i you orinion concerning the ICO? how promissing the work is?,hsp
In my opinion this ICO is one of the most promising. MicroMoney offers lending services for unbanked people in the world, take not that this platform has a running product since 2015 and they created this ICO for expansion of the company. Of course, I already understand. Exactly now I am reading information about project. For now impressions are positive. Regarding Micromoney ICO, is one of the best ICOs that has great project with a working Product + professional and experienced Team. Tell me please, if you know. Can I invest right with fiat? Are there some escrow service for it? Investing fiat now is hard because of the KYC policy so I suggest you to buy BTC or ETH first before joining the ICO, also you can contribute directly using an exchange platform but the minimum buy-in is $10. I think they don't have escrow but funds are locked in smart-contract and tokens will be transferable at the end of ICO. |
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Attention!
Especially for all investors or contributors of MicroMoney, the team find out some scammer activity in their telegram channel. somebody named as one of their admins and stealing money by messaging users in PM.
Please always verify all admins from the group when you are talking in PM! List of admin username on telegram:
@atijke, @Fantom_mas, @Maxung, @Anthony_Gor, @dankom, @Daniel_Kapran, @antondz, @acheremkin, @vsvoboden Very useful information. Because I received invites to fake channels much times. We need to be careful and check all chats and income messages. Yes always be careful because scammer are everywhere and lurking online. you can confirm on the chat group if you are talking to a real admin before taking some action like sending money or transferring tokens. With the help of this information, I'm sure many investor will aware to those scammers. thanks for this info. MicroMoney's action is fast, I mean they really look and check everything about their project to give enough security for the investors, future investors. I saw some members complaining on the group about this scammers because they sent their contribution and didn't get any AMM tokens, they also reported that those scammers changing their usernames and pictures so it is a bit hard for the devs to ban them on the channel. |
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Amazing that you record video, thanks1 WOW, greate mobile app review. Information review and looks impressive. Thanks We have MicroMoney here in the philippines right? I must try this application or better yet invest directly to this project even if i just have small amount of money on hands. Yes MicroMoney will be available in the Philippines as you can see on their whitepaper the status is "Ready for Launch" meaning that they have an on-going activity on that particular country. maybe they will make an announcement after the ICO if it is operating. |
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The app looks great. Did you find any bug on the application of micromoney? Found one small bug...I guess it is fixed now. What bug did you find out? I tried the web app and saw that the interest rate doesn't change even I choose 14 days, 21 days and 28 days. There is no issue in that. The interest rate shouldn't flactuate as it is a short tern loan ranging from 2-4 weeks. However, in the app the loan amount didn't change in few use cases. They have fixed it henceforth. Are you saying that interest rate is fixed in 2-4 weeks? if yes then I guess most of the borrower would choose the maximum days for the repayment as it gives them more time to save enough money to pay their debt. |
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The app looks great. Did you find any bug on the application of micromoney? Found one small bug...I guess it is fixed now. What bug did you find out? I tried the web app and saw that the interest rate doesn't change even I choose 14 days, 21 days and 28 days. |
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Read the whitepaper. This project is very ambitious. You are expecting a large amount of customers. 25 million customers in Latin America? How are you gonna reach out to them? Cause that requires huge human resource and budget in marketing. Also, how are you gonna deal with regulation aspects? Especially for countries like China.
I don't think it is ambitious because they already have a working product and the reason behind this ICO is for expansion of their business around the globe so they could continue helping those unbanked people having trouble accessing the basic financial services. also they had 95,000 registered users in the platform and hopefully will increase after the token sale. |
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thank you for sharing your review the interface of the apps is good, and very easy to use, and they have the complete instructions, thumbs up! great apps. I didn't download the app yet but you guys can still try it using a web browser because it just the same like the apps https://money.com.mm/Already saw that website. I think that was the official website of micromoney company. All the informations about the company was listed in that website. Yes it is their working business while the https://www.micromoney.io/ website is created for their ICO. MicroMoney is a running company before they join the Blockchain ecosystem. |
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