Amidst Swift Token Distribution Campaign MicroMoney Builds Strategic Partnerships with Blockchain Market Leaders

Indeed, we are currently adding more and more of partners on board, which should help make our token campaign stronger and our unique product itself. Just days ago we agreed on working together with Celsius Network, which is a decentralized credit lending platform.  This will allow us to expand the reach of cryptocurrency loans to customers in Asia and in other regions. We both use the global Ethereum blockchain technology and we will work together to develop and standardize the protocols on top of which all monetary transactions are processed on the blockchain open-ledger system.

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Governing Dynamics and MicroMoney In Strategic Partnership

Mr. Mashinsky sees MicroMoney as a strategic player, fitting to join Governing Dynamics’ universe. The first portfolio partnership Mr. Mashinsky engineered is with decentralized credit lending platform Celsius Network.

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Sam Taheri Shifts $30 Million Token Distribution Campaign Into High Gear By Joining MicroMoney Board

“It would make me proud and honored to be a part of such noble cause and I really appreciate MicroMoney for letting me be a part of its team and accept me as its ambassador,» said Taheri. “I think this is an amazing concept and helps people in need and makes their life a lot easier. Mankind is obliged to help one another and share their resources with each other.”

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MicroMoney’s $30 Million Token Distribution Campaign Generates $1 Million in 12 Hours

Currently valued at $1.85 million, MicroMoney provides social lending services with no collateral or paper-based document requirements. MicroMoney plans to use attracted funds to expand to Vietnam, Malaysia, Singapore, and Nigeria. It will also launch a blockchain credit bureau and add over 100,000 previously unbanked customers, thus bringing them into the global financial system.

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Blockchain company will provide one million people in Asia with their first loans

MicroMoney plans to issue 600,000 payday loans per year and, thus move one million unbanked people into the crypto-economy by 2020. “Now about two and a half billion people worldwide are unserved and don’t have any access to bank services. Our goal is to connect banks and unbanked,” noted Anton.

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The Unbanked: How mobile phone data can replace a credit history

“A phone can tell a lot more about customers than they agree to tell by their own. Moreover, an access to a mobile phone will give more diverse and reliable information than a passport or other papers can,” the co-founder of MicroMoney Anton Dziatkovsky said.

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Catch-22 for the Unbanked: how can two Billion People find the way to the Global Economy?

According to the McKinsey, two billion individuals and 200 million micro, small, and midsize businesses on emerging markets today lack access to savings and lending service, and even those with the access have a limited range of financial products.

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