MicroMoney (Amm) platform - overview and features

What does the company/project do?

Moeda is a blockchain-based cooperative banking system built for everyone.
Moeda offers simple peer-to-peer payments and a peer-to-peer money transfer network to help engage entrepreneurs to achieve their goals. From micro-business loans to large-scale initiatives, Moeda's fiat-pegged digital token can provide permanent value to people around the world.

A digital token can travel further and faster than physical money. Moeda's payments, remittance and lending platform enables banks to access a fast payment ecosystem and personal business loans using Android apps and blockchain-based IOS apps.

Why Moeda?

  • Simple equal payments.
  • Enumeration of peers.
  • Micro business loans.
  • Fiat is tied to Tokyo.
  • NGO charitable lending program.
  • UN Partner for Sustainable Development.

Moeda is a Portuguese word meaning coin. It was launched in collaboration with Green Cross, the United Nations SRS initiative and the NGO charity known as Unifaf. It started as a hackathon submission to the IMPACT CONVERGENCE 2.0 for the Blockchain SDG Hackathon. The development team was able to demonstrate how blockchain technology can be used to achieve the UN Sustainable Development Goals.

MDA course:

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Market Features

On December 8, 2020, a news article was published that highlighted the reasons why microlending startups are choosing to use Blockchain for their loans. There is a new wave of startups that believe blockchain can go a long way in helping microfinance deliver on its lofty promises.

There are a number of reasons why microfinance does not allow them to reach the unbanked population. One of these reasons is the presence of intermediaries in the chain. Therefore, blockchain technology allows us to get rid of these people and increase transparency between people investing money and people receiving microfinance.

Moeda co-founder Taina Reis said about a third of the population in developing countries has minimal access to banking services. This forces them to obtain loans from sources whose annual interest rates are quite high. For example, in Brazil these interest rates can increase to 4,000 percent.

While co-ops can serve these people, the unprofitable nature of the business makes this difficult. Brad Chun, CTO of Moeda, argues that blockchain allows for greater operational efficiency and easier auditability, leading to lower lending costs.

MicroMoney (Amm) platform - overview and features

Hello, dear blog readers. the MicroMoney ( AMM blockchain platform , which is the first decentralized microfinance organization in the world, while it already has a successful business model. The main focus is on those people who still do not have access to the usual banking services, consumer loans, mortgages, debit and credit cards. And there are about a third of the world’s total population of these people, and they use only cash. Among other things, Micromoney will store data on all potential clients for various financial institutions, be it banks, microfinance organizations, retail and wholesale networks. To receive funds on credit, you will need to submit an application using a special mobile application . Artificial intelligence will help analyze the application, with the help of which in just ten minutes it will be possible to understand whether the potential borrower will be solvent or not. Depending on this parameter, the system will automatically decide which loan to issue to him. The entire process of receiving money will take no more than twenty minutes.

The nearest countries in which MicroMoney will begin development

All data about users that can be learned as a result of this process will be stored in the blockchain, including their credit history, and the largest financial companies will line up for the opportunity to access this data and potentially millions of new customers from emerging markets. In this way, they will also be able to be involved in the global economic system.

MicroMoney development strategy

Cryptocurrency AMM features

As much as 84% ​​of all tokens were allocated for the ICO, the developers kept only 8% for themselves, and another 8% was allocated for the bounty campaign. The creators emphasized that by the start of the ICO they already had an operating, profitable and rapidly expanding business, and this is indeed true.

AMM tokens will be actively used within the MicroMoney ecosystem, payments will be made in them, and additional options or services can be purchased with them. Each user will have to buy these tokens at the current market rate, accordingly, the wider the MicroMoney platform is deployed, the more seriously the rate of these coins can grow. Developers actively collaborate with other top decentralized platforms, which allows them to easily use advanced solutions to scale the project and increase its functionality.

How to purchase AMM cryptocurrency?

In order to purchase MicroMoney (AMM) tokens for fiat rubles/dollars/euros, you need to register on the Livecoin exchange:

1. Go to the official website of the exchange using this link >>

2. Click on the red “Open trading account” button and fill out a simple registration form

3. Activate your account using a special code. which is sent to the e-mail you specified during registration and log into your personal account using your login and password.

4. Next, we need to top up our account; to do this, go to the “Balance” tab:

5. Top up your balance in any convenient way. We choose EPS: AdvCash (review and instructions), Payeer (review and instructions), Perfect Money (review and instructions), Capitalist, Okpay. In my opinion, the most attractive method is AdvCash, as it has the lowest commission and is convenient. Replenishment is available in any currency.

6. To see the entire list of cryptocurrencies traded on the exchange, go to the “Trading” section:

7. Next, in the table on the left, select the AMM/BTC trading pair:

8. Place a buy order. Trading volumes for this pair are still small, so you won’t be able to buy many tokens at once:

Well, that's basically all. Over time, I do not rule out that this review will be supplemented with new information. Well, if you don’t want to miss the latest information about promising startups, cryptocurrencies, as well as ways to make money and invest on the Internet, then subscribe to blog updates by email by entering your e-mail in the field below. Profit to everyone!

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Road map

Moeda (MDA) has a roadmap to significantly improve people's lives. This is by channeling sustainability investments into communities. The program began in Brazil and aims to reach over 100,000 participants registered on its platform. These members can now transfer, remit and access loans. There are plans to expand the platform to accommodate up to 1 million people by 2022.

Once the model is successfully implemented in Brazil, it is expected to be rolled out in other countries around the world. The Moeda platform is expected to be widely used in cities over the next 10 years. In terms of users, the platform is expected to reach 1 billion users in about 10 years. The number of investment banks is expected to grow from one to 100 banks. Cooperatives are expected to grow from 40 to over 400,000 people.

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MainCoin Reviews and Summary

MainCoin is a decentralized coin that is secured by the Ethereum network. This is a typical ERC-20 token that does not have any revolutionary technical innovations at its core. It could be classified among hundreds and thousands of other cryptocurrencies that offer their users the same thing.

But the key feature of the Maincoin project is that it has truly become part of the Automine holding ecosystem and has been successfully existing since 2020 . Moreover, it is constantly developing and creating more and more high-tech resources for using the coin.

The developers have not abandoned their project, as many crypto enthusiasts did in past years; it is developing and is completely open to users. Everyone can check the source code of the cryptocurrency, scheduled token burning occurs regularly and it should be noted that the coin is not at the bottom.

The token really has potential for investment and these are not stories from developers, but a real situation. If the absolute minimum price for MNC at one time was $0.0004, and now the coin is quoted at $0.002, then we can safely say that one could make good money .

Reviews about Maincoin are few, since the coin is not yet widely used compared to other cryptocurrencies. Nevertheless, this cryptocurrency has become famous in the field of highly profitable investments; many have had experience of using it in projects from the Automine holding, for example the Main Pro Global , and some have already managed to make money on the course.

It is possible that in the future MNC will have wider distribution if it develops in its niche that the token is aimed at.

Denis HyipHunter Knyazev

Blog creator. Private investor. He has been making money in highly profitable investment projects and cryptocurrencies since 2014. Consults partners. Join the blog's Telegram channel and our chat.

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