Micromoney Project

Global Problem and Solution

100 out of 196 countries in the world serve as a home for 2,000,000,000 unbanked people, who use cash only, do not have any credit history and do not have access to any financial services. It is essential to note that most of these people use their smartphones and social networks on a regular basis . This is a tremendous amount of a new data and a substantial number of new potential clients. Financial institutions do not have any information about these clients and their creditworthiness, thus they do not want to take a risk to serve these people. However, these people still need funds and surely businesses still need new customers to survive a competition! We are here to help these 2 billion unbanked people to explore The New Global Crypto Economy.

Micromoney is a team of professionals who have a capacity to work in the emerging markets where all established banks are not able to operate, and even if they do decide to be there, they are not innovative enough to survive in this environment. Our Solution, MicroMoney is an Open Source Credit & Big Data Bureau that connects new customers to all existing financial services. MicroMoney A.I. platform uses complex algorithms to predict creditworthiness of all customers and in just 15 minutes a borrower can get their very first loan in his/her life just from their smartphone. All customers have an ability to pay less interest and have a higher credit rating, if they use our platform more often . All aggregated Big Data and Credit Histories are stored on the Blockchain. Thousands of existing businesses will get access to millions of new customers which we will bring to the global economy. https://micromoney.io/

MicroMoney is one of few Blockchain companies that is backed by a real product.

Token details .

Key component

AMM tokens are a key component of MicroMoney’s partnership model. Tokens represent the right to use the MicroMoney platform and access specific services and functions based on the number of tokens that are held in a partner’s wallet. Token holders contribute to the development of the MicroMoney platform by way of donation during the initial token distribution because it is the only way to access and use the platform’s various services. Customers who want to use MicroMoney’s features should buy the token on exchanges at market prices.

AMM token mechanism

Franchise partnership - AMM ownership can allow tokenholders to become MicroMoney’s partner in a specific country/region on an exclusive basis.

Access to the Decentralised A.I. Neural Network Scoring System - Banks, financial and insurance companies, e-commerce websites, retail outlets, telecommunication companies, and other corporates can access our Decentralised A.I. Neural Network Scoring system. Access to customers’ Big Data - Customers of our Big Data Bureau (banks, financial and insurance companies, e-commerce websites, retail outlets, telecommunication companies, and other corporate can get access to customer data which can be mined. Access to customers’ Credit Histories Bureau - Banks, financial and insurance companies,

e-commerce websites, retail outlets, telecommunication companies, and other corporate can get access to our Credit Histories Bureau.

Legal

Purchasing and holding AMM tokens today is a sound and legal notion. After a thorough analysis, our American legal firm, Gagnier Margossian LLP, has provided us with an opinion that the distribution of AMM tokens cannot be interpreted as a securities offering by financial regulators in the United States, Singapore, and Canada. This means that AMM tokens, unlike many other tokens available in the crypto economy today, can be legally sold in the United States, one of the largest markets for cryptocurrencies.

AMM token opportunity

MicroMoney is operating in three countries today and has already signed agreements to expand to three new countries by the end of 2017 (Sri Lanka, Indonesia, and the Philippines). With 47 countries left to expand to by 2022, and after having already identified another 50 countries where MicroMoney can expand to in the next 10 years, it is clear to see there will be no shortage of demand for AMM tokens in the market for at least the next decade. People who participate in the initial token distribution will see an incredible rise in value of their tokens as MicroMoney continues its expansion efforts.

Token Symbol : AMM

Token type : ERC20

Initial price : 1 AMM=1USD

Total supply (Token distribution): 60,000,000

Plan to raise : $ 15,000,000

Hard cap : $ 30,000,000

Adjustable 100% pre-mined.

Any unsold tokens during the Token distribution will be burned.

Date of Crowdsale Start : October 18, 2017

During Crowdsale there will be Bonus from 5% to 25% and private 43%

Further Visits

Website : https://micromoney.io/