The TDE announcement; the platform updates and ZERO INTEREST RATE LOANS announcement

We are happy to announce that the MoneyToken token sale audit has been finished!
Please, watch the video and read the instruction below to learn more about the distribution process and new MoneyToken updates.

I. The new release of the platform includes:
The full automatization of the processes of applying and repaying the loan
Loan page with detailed stats of the loan and the collateral value graph
Loans page with a list of all new and old loans
Transaction history page
IMT token is active and available for use within the platform
The notification and alert systems were improved, now allowing users to receive information about all changes in balance and performed operations. The most important and urgent messages will be sent via text and email notifications.
II. Zero interest rate loans; token burning
One of the most important stages of the scaling of MoneyToken is the lender membership implementation.

Before implementation of the opportunity to become a lender, our main goal has been to attract as many borrowers to the platform as possible.

To stimulate the growth of MoneyToken community, we are happy to announce zero interest rate loans for the members of our community.

With the token distribution about ~50,000 IMT holders have joined the platform and received an instant access to crypto-backed lending.

We invite every member of the community to become an active platform’s user to try the platform out and receive all benefits of cryptocurrency-backed loans.

We hope that all satisfied customers will share their experience with their acquaintances and community to help spread the word about MoneyToken.

Key points:

1. Every user will be able to buy the Zero interest rate membership with IMT tokens purchased during the Token sale.

2. The quantity of memberships available for sale is limited.

3. Memberships have expiration dates as well.

4. All tokens spent on the purchase of these memberships will be burned.

5. The start of the membership sale is scheduled on July 2nd. Detailed information will be published a day in advance.

III. The token distribution event:
All users’ accounts from tge.moneytoken.com were imported to the lending platform at account.moneytoken.com.
Separate eth addresses were generated for all IMT holders and attached to users’ accounts on the platform. All IMT tokens have already been distributed to the generated ETH addresses and available on users’ accounts at account.moneytoken.com.
To gain access to your IMT tokens you should log in to account.moneytoken.com using your login and password from tge.moneytoken.com (if you have registered an account at account.moneytoken.com before — you should use your old password).
Set up 2FA and attach a phone number to improve the security level of your account.
After logging in you will see your IMT tokens on your account balance.
You could:
use IMT tokens to receive 60% discount for the platform fees.
hold it on the platform and spend directly or withdraw it later.
withdraw to your own ETH address, which you have set up before and keep it there.
If you are an Airdrop participant:

You should use the email which you’ve used at gleam.io.
If you already registered an account at account.moneytoken.com using the same email, you should use your old password to log in.
If you haven’t registered your account yet, go to the password recovery page and use the email which you’ve had previously at gleam.io.
You will receive an email with a new password, after which you can log in to the platform and gain access to your IMT tokens.
If you are a bounty participant:

Please, read the announcement about the bounty audit and distribution.
If you have any problems logging in:

If you have any problems logging in at account.moneytoken.com , don’t worry: try to recover your password at the password recovery page.
If your issue is still not solved, please, submit a ticket at https://moneytoken.zendesk.com/hc/en-us
KYC procedure

During the Token Sale, all token sale participants passed a simplified KYC procedure. Due to the progress in the platform’s development and requirements from our new partnerships, we’re asking all IMT holders to pass a full KYC procedure:

Log in to account.moneytoken.com using your login and password from tge.moneytoken.com (if you have registered account at account.moneytoken.com before — use your old password).
Go to the verification page and fill in the form.
Wait for your KYC application approvement.
After your application has been confirmed, you will receive a notification via email.
The time required for KYC approval will depend on your number in the queue.
Please, keep in mind that around 50,000 users will apply for KYC at the same time. The team will do their best to check out your application as soon as possible.
Key factors to why a full KYC was implemented and why the team has generated ETH addresses for every IMT holder:

MoneyToken is in the process of establishing strategic partnerships to support fiat currencies and obtain financial licences in several jurisdictions, which is meant to get MoneyToken access into the fiat world. Offline and fiat companies are regulated by law, and due to this fact the KYC of all IMT holders is a compulsory requirement of potential partners. We’ve decided to agree and fulfill with these requirements, because this partnership is important for the future scaling and development of MoneyToken.
A lot of fake and fraud accounts were detected during the audit of the Airdrop and bounty program. KYC will filter all fake accounts and, as a result, prevent the dump due to malicious actions from fake account owners.
KYC of all token holders will help MoneyToken to conform with the regulatory requirements in the future cryptoworld, which is becoming more and more strictly regulated with each passing day. It will also grant the project some possibilities for acquiring highly sought after partnerships for MoneyToken in the future.
Some credulous users have used logins and password from tge.moneytoken.com for registering accounts at scam websites trying to receive some free tokens, so accounts of these users were compromised and scammers added their ETH-addresses to receive tokens. KYC procedure will protect all compromised users from theft of their IMT tokens.
About 8% of users haven’t added an ETH address to which they want to receive their tokens.
The falling market protection service

Due to the falling market protection service IMT balances of Pre-Sale and Private Sale contributors were reassessed in accordance with the cryptocurrency rates at the end of the token sale:

• BTC 7677,404286

• ETH 606,0885714

• BCH 1120,727143

• LTC 123,2185714

• NEM 0,260085571

• DASH 319,52

If the cryptocurrency rates were lower at the time of your contribution, your balance will remain the same, and the falling market protection doesn’t affect you.

If the cryptocurrency rates were higher at the time of your contribution — additional IMT tokens were added to your balance, and the total sum was reassessed.

Token contract details:

Contract address: 0x13119e34e140097a507b07a5564bde1bc375d9e6
Token name: MoneyToken
Decimals: 18
Token Symbol: IMT