[ANN][MicroMoney] The New Global Crypto Economy

[jets567]

Good to know  I'll join Telegram. Keep up the good work guys!

Lets keep supporting micromoney give our best guys eveyone need this wonderful project

Yep agree with you, this project already helps people. And after this ICO end they will help a lot more number of peoples!
So lets try our best.

Hi guys. Can you provide me a link directing to MicroMoney telegram? I really want to join their telegram since I'm just recently supporting this project and I want to be more updated in every new information regarding to MicroMoney, Although I have read their whitepaper and website.

i bet it's on the 1st page of the ann thread. Most of the telegram link are posted by the manager on the first page of their better check on it.

[coin_1122]

Yes, exactly huge movement within 5 days of their ICO the target amount of the soft cap will reach. I think unsold tokens will be burned and they mentioned it already, whether micro money platform will provide any dividends to the token holders?

No, AMM not provide dividends, it is utility token which can rapidly grow on Exchanges, because of really good products and team activity with partnerships.

I think partnership will boost the company assets, how can investors will get from it, because they will give the loans to startup companies and they will get interest paid by the companies but what are the benefits as investors we get?

[jets567]

Yes, exactly huge movement within 5 days of their ICO the target amount of the soft cap will reach. I think unsold tokens will be burned and they mentioned it already, whether micro money platform will provide any dividends to the token holders?

No, AMM not provide dividends, it is utility token which can rapidly grow on Exchanges, because of really good products and team activity with partnerships.

I think partnership will boost the company assets, how can investors will get from it, because they will give the loans to startup companies and they will get interest paid by the companies but what are the benefits as investors we get?

Sure it is, not only it will create a hype but the more partnership for exchanges which will result to high trading volumes which leads to a very good price hike. And i believe with will be a win win for all of us here.

[mongkie]

In the past few days the investment volume hasn't changed. Micromoney hasn't surpassed the soft cap. What I hope in the last days of ICO has still not come yet. Hope today news(BitPoint) will bring good news in next 3 days.

i do believe that micromoney will surpass its softcap it is slowly moving i've been monitoring the price since yesterday and it is active from 9.5m to 9.7m and keep on growing..

[jets567]

In the past few days the investment volume hasn't changed. Micromoney hasn't surpassed the soft cap. What I hope in the last days of ICO has still not come yet. Hope today news(BitPoint) will bring good news in next 3 days.

i do believe that micromoney will surpass its softcap it is slowly moving i've been monitoring the price since yesterday and it is active from 9.5m to 9.7m and keep on growing..

i believe it's a matter of time it will surely surpassed it's target. The good thing for us to look at is not just about the end of ICO. To think that they are targetting a long term plans. Example of this is making arrangements with big exchanges. I believe that's a very bold yet outstanding move.

[iamlds08]

In the past few days the investment volume hasn't changed. Micromoney hasn't surpassed the soft cap. What I hope in the last days of ICO has still not come yet. Hope today news(BitPoint) will bring good news in next 3 days.

i do believe that micromoney will surpass its softcap it is slowly moving i've been monitoring the price since yesterday and it is active from 9.5m to 9.7m and keep on growing..

as of the momment it is $9719605 and 1822 participants. we hope that bitpoint news will triger the sales.
BTW, aside from exchanges micromoney is active in crypto alliances like karma and clout. we better watch out!

[chillcott]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

[SHAWN-MIDWAYS]

Hey OP will this be a problem for those of us that signup to receive tokens through orderbook ?

[jets567]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

hi there bro/sis, from what i know their platform will also be using KYC system. I think the requirement itself is to avail the token. But not that sure of the specific details. But it's a good question tho, how can you lend money to someone you don't even know.

[nelson4lov]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

AFAIK, There are no requirements/collateral fir borrowing loans from MicroMoney. The team is building a micro-financing Platform without limitations. But be aware that the loans will not be much. But the loan amount will be increased with each successful loan repayment.

[jets567]

Hey OP will this be a problem for those of us that signup to receive tokens through orderbook ?

I think this is the KYC system that orderbook is now adopting to their platform, which will be asking for your verification ids and other infos in order to confirm your identity.

[mongkie]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

Banks:
Documents: ID + Family book + recommendation from police station + salary slips
+ recommendation from work. Collateral. Guarantor.
Micro Finance Companies:
Documents: ID + Family book / recommendation from police station / additional documents.
Collateral or Multi guarantors ( group loans )
Pawnshops:
Documents: ID.
Collateral Guarantor: Needed (Gold, Electronics etc.).
Unofficial Money Lenders and Loan “sharks”:
Documents: ID, Recommendation by existing client / Referral.
Collateral Guarantor: Negotiated.

for better understanding please visit https://www.micromoney.io/MicroMoney_whitepaper_ENG.pdf

[Katashi]

So this is AMM, I heard a lot from you, i believe this one's really feasible to think that you are going to engage on big exchanges. I'll be here to subscribe and support your cause from now on. I hope i'll be learning more from you soon. Goodluck to the devs and the team hope you get your targets on time.

[chillcott]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

hi there bro/sis, from what i know their platform will also be using KYC system. I think the requirement itself is to avail the token. But not that sure of the specific details. But it's a good question tho, how can you lend money to someone you don't even know.

yes! thats why im asking how it works. but i read on the first page that micromoney focuses on lending money without any collateral or paper documents.

[chillcott]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

Banks:
Documents: ID + Family book + recommendation from police station + salary slips
+ recommendation from work. Collateral. Guarantor.
Micro Finance Companies:
Documents: ID + Family book / recommendation from police station / additional documents.
Collateral or Multi guarantors ( group loans )
Pawnshops:
Documents: ID.
Collateral Guarantor: Needed (Gold, Electronics etc.).
Unofficial Money Lenders and Loan “sharks”:
Documents: ID, Recommendation by existing client / Referral.
Collateral Guarantor: Negotiated.

for better understanding please visit https://www.micromoney.io/MicroMoney_whitepaper_ENG.pdf

thank you mongkie im going to read the whitepaper to learn more about micromoney.

[rdny]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

According from what I have read from their whitepaper, all you need to do is to apply online. Loan approval on the other hand is based on their approval. In my understanding, your smartphone and social media data may be used for analysis by their algorithms prior to approval.

[jets567]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

Banks:
Documents: ID + Family book + recommendation from police station + salary slips
+ recommendation from work. Collateral. Guarantor.
Micro Finance Companies:
Documents: ID + Family book / recommendation from police station / additional documents.
Collateral or Multi guarantors ( group loans )
Pawnshops:
Documents: ID.
Collateral Guarantor: Needed (Gold, Electronics etc.).
Unofficial Money Lenders and Loan “sharks”:
Documents: ID, Recommendation by existing client / Referral.
Collateral Guarantor: Negotiated.

for better understanding please visit https://www.micromoney.io/MicroMoney_whitepaper_ENG.pdf

thank you mongkie im going to read the whitepaper to learn more about micromoney.

Nice publication you have their folk, well atleast it's now specified thank you the clarifications well at least we are now all enlighten. It's a same way on applying normal loans as i see well the difference is it's thru online.

[rdny]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

AFAIK, There are no requirements/collateral fir borrowing loans from MicroMoney. The team is building a micro-financing Platform without limitations. But be aware that the loans will not be much. But the loan amount will be increased with each successful loan repayment.

That is a good start if you want to get access to short term funds specially when starting a small business. Also, keeping the loanable amount at a low amount reduces the amount of possible loss from under or no payment. In addition, increasing the loanable amount with every successful repayment is a good incentive for the loan taker and is also a good medium to teach borrowers on good credit standing and proper handling of their finances.

[Katashi]

hi devs and all the members of this thread! i have a newbie question since im new here, what is the credentials or requirements of micromoney if someone wants to borrow money? thank you

hi there bro/sis, from what i know their platform will also be using KYC system. I think the requirement itself is to avail the token. But not that sure of the specific details. But it's a good question tho, how can you lend money to someone you don't even know.

yes! thats why im asking how it works. but i read on the first page that micromoney focuses on lending money without any collateral or paper documents.

Agree on you both but i also think in order for you to be lended by AMM it will take a corresponding amount of token you are holding and for sure it's via Smart Contract. I am 100 percent sure on the KYC policy coz this will be concerning on credits on finances so definitely there will be KYC policy.

[mongkie]

Hey OP will this be a problem for those of us that signup to receive tokens through orderbook ?

withdrawal is still available for non-verified users that is a good news. there is no problem.