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.
The AMM token is based on a proven risk management and Big Data platform. The token is part of our ecosystem and is used within the platform in different ways. The token serves as the fuel of the MicroMoney ecosystem and has been designed so that our customers will want to use it frequently. It is a token that can and should be bought on exchanges at prevailing market prices.
The AMM token provides multiple features within the MicroMoney’s financing platform:
1. Partnership access - AMM ownership will give access to advanced platform’s features.
2. Encouragement and rewards - First, borrowers in MicroMoney are rewarded with an AMM bonus for paying back their loans in time while delays cause the AMM bonus to decrease depending on the overdue time. Second, if a borrower has others vouching for him or her and all the payments are made in time, the co-signers will receive AMM tokens as a reward as well.
3. Every time MicroMoney receives a payment for personal details, credit history and Big Data, the customer will be rewarded with AMM tokens. This is part of the client's digital reputation. MicroMoney respects personal details of all our clients and will never disclose any information with third parties without consent from the client himself.
4. A collateral - AMM can be used as collateral to secure a loan application allowing customers to achieve the lower rates and the other possible privileges and discounts.
5. Getting payable access to customer big data & credit histories. Banks, financial and insurance companies, e-commerce, retail and telecom businesses should use tokens to pay for accessing personalised information in the Big Data & Credit Histories Bureau.
6. Getting payable access to the Decentralised A.I. Neural Network Scoring system. Banks, financial and insurance companies, e-commerce, retail and telecom businesses should use tokens to pay for the accessing Decentralised A.I. Neural Network Scoring system.
7. The right for any contribution to the system to support Sustainable Development Goals. We support SDG program of United Nations: No Poverty, Zero Hunger, Quality Education, Gender Equality, Decent Work and Economic Growth, Reducing Inequalities.
Total Supply: 17,532,943
ICO Price: $ 1
Official Website: https://www.micromoney.io/