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Topic: [ANN][MicroMoney] The New Global Crypto Economy - page 94. (Read 55013 times)

HyunBin
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Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 05:44:25 AM
#1306
Quote from: -VOL- on November 14, 2017, 05:16:36 AM
Quote from: HyunBin on November 14, 2017, 05:01:16 AM
I saw the plan of Micro Money in next 2 - 3 years, and I amaze because they choose Asia in 2018. This gonna be a good challenge to them before they go to America and Europe.

Yep if i remember . They plan to move to America and Europe in 2020 , This depends how much fund they collect now.

If they succeed in previous country, how much more confident they have here in Asia. Beside, the hardest moment is in the beginning but as you see the company grow so fast, so that they can continue in different country. I think they gonna make it.
-VOL-
full member
Activity: 504
Merit: 102
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 05:16:36 AM
#1305
Quote from: HyunBin on November 14, 2017, 05:01:16 AM
I saw the plan of Micro Money in next 2 - 3 years, and I amaze because they choose Asia in 2018. This gonna be a good challenge to them before they go to America and Europe.

Yep if i remember . They plan to move to America and Europe in 2020 , This depends how much fund they collect now.
HyunBin
sr. member
Activity: 742
Merit: 250
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Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 05:01:16 AM
#1304
I saw the plan of Micro Money in next 2 - 3 years, and I amaze because they choose Asia in 2018. This gonna be a good challenge to them before they go to America and Europe.
HyunBin
sr. member
Activity: 742
Merit: 250
SURVIVE | P2E
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 04:49:50 AM
#1303
Quote from: chillcott on November 14, 2017, 03:53:35 AM
Quote from: HyunBin on November 14, 2017, 03:43:44 AM
Quote from: Katashi on November 14, 2017, 03:40:56 AM
Quote from: Onika84 on November 14, 2017, 03:36:02 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.
It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.

Micromoney have a good vision about their idea so far. They have started business and running well, several agreement with another exchange also some ICO project, should make this project more than we heard today.

Yes it is, plus the fact that if you look at their moves they are really planning for long term runs such as registering to prominent exchanges.
Long term is means a lot. Specially when you want the whole world to be your customer. But it has a potential to be a trustworthy and a great capital as well. This bring a good demand for MM future.
i think that is posible, thats why micromoney wants to be tokenize in order to expand to the world using the blockchain technology.
Yeah you are absolutely right, by using crytocurrency . Its totally possible, now a days this will benefit almost all of us. Easy to understand and accessing the different part of this MM business. Just a click of your finger and you will amaze the motto of Micro Money by focusing on money lending. AltBTC is always on the move to the different level of business transaction.
jets567
hero member
Activity: 1008
Merit: 511
CryptoTalk.Org - Get Paid for every Post!
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 04:27:56 AM
#1302
Quote from: mongkie on November 14, 2017, 03:49:03 AM
Quote from: Katashi on November 14, 2017, 03:31:07 AM
Quote from: mongkie on November 14, 2017, 03:09:27 AM
Quote from: HyunBin on November 14, 2017, 03:05:13 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.

It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.
Good to hear that because in our country there is a lot of unbanked people but they have a real huge amount of money. MicroMoney is focused on micro-financing in the money lending industry, is that true?  Do they have any service than this?

that is the target market of micromoney, the unbanked sector of the emerging countries in asia and africa. the timing and the target market of the project is perfect.

I believe this will be a major threat for the existing centralize institution, the real reason why i find micro money very disruptive when it comes to project ideology.

the cryptocurrency itself is a big threat to centralize institutions like banks and other lending companies and the project of micromoney to provide the unbanked to have a credit history in order for them to deal with other institutions is great idea and would be a great help to the emerging economies in asia and africa.

let's just hope the devs will be strong enough to hande the incoming FUD for them. As we all know the brighter the project you have the worst FUD will be thrown to you and i really believe bankers will be desperate enough to do it
jets567
hero member
Activity: 1008
Merit: 511
CryptoTalk.Org - Get Paid for every Post!
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 04:23:21 AM
#1301
Quote from: chillcott on November 14, 2017, 02:25:16 AM
Quote from: mongkie on November 14, 2017, 02:22:24 AM
Quote from: chillcott on November 14, 2017, 02:16:41 AM
Quote from: mongkie on November 14, 2017, 02:11:39 AM
Quote from: chillcott on November 14, 2017, 02:07:53 AM
i just read the whitepaper that micromoney can approved your application for the loan in 15 seconds and can give the fund in 1 hour. that was fast unlike any other lending company.

how do they screen their customers in 15 seconds? im just curious.
according to the whitepaper the client can get their money by filling the application form on their mobile app, the screening takes only 15 second by using the machine learning algorithms,

oh they are using AI to assess the credit score of each applicant. that sounds high tech to me! where can i see the form for me to try it? does this application is hack proof?
i think it is were talking about money and their using this high tech algorithms so maybe they using a great security system too.

well that will be a good news for us, coz it will be a lot of money involve here. Good thing also coz this is not an eth base platform, we all know most of it are being hi jacked nowadays
iamlds08
full member
Activity: 490
Merit: 110
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 04:04:44 AM
#1300
Quote from: chillcott on November 14, 2017, 03:34:25 AM
Quote from: Katashi on November 14, 2017, 03:03:30 AM
Quote from: iamlds08 on November 14, 2017, 02:59:32 AM
Quote from: HyunBin on November 14, 2017, 02:50:33 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.

well indian loansharks in the philippines what they call 5/6 is earning 20%interest rate per month you borrow 5 you pay 6 and its government is not taking actions on it even if it is illegal. i am interested how much interest rate would AMM approve here in the philippines.

When you talk of those indian loansharks they are really earning that much, here in our country the payments is only daily basis on a small people they are thinking that it's lighter coz it's on installment basis but if you try to compute the interest it's really gone to far versus the principal value.
yes your right the indians are taking advantage to the poor people of the philippines they collect 20% of interest right after they give you the money. for example you barrow 5 they only give you 4.

base on your reply i am assumingthat you are in philippines too! good to hear that aside from me there are other filipino's interested in micromoney. by the way, i have seen that BDO, BPI and metrobank is their collaborative partners here in the philippines. i am hopin for AMM success here in the philippines
HyunBin
sr. member
Activity: 742
Merit: 250
SURVIVE | P2E
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:57:32 AM
#1299
Quote from: chillcott on November 14, 2017, 03:53:35 AM
Quote from: HyunBin on November 14, 2017, 03:43:44 AM
Quote from: Katashi on November 14, 2017, 03:40:56 AM
Quote from: Onika84 on November 14, 2017, 03:36:02 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.
\


It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.

Micromoney have a good vision about their idea so far. They have started business and running well, several agreement with another exchange also some ICO project, should make this project more than we heard today.

Yes it is, plus the fact that if you look at their moves they are really planning for long term runs such as registering to prominent exchanges.
Long term is means a lot. Specially when you want the whole world to be your customer. But it has a potential to be a trustworthy and a great capital as well. This bring a good demand for MM future.
i thinks thats posible, thats why micromoney wants to be tokenize in order to expand to the world using the blockchain technology.
Good thing they want it to make easy transaction on each of us. About doing it by not the word instant ,but by finding the way to the fastest process. This is surely a very good in sustaining their business capabilities.
chillcott
full member
Activity: 308
Merit: 100
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:53:35 AM
#1298
Quote from: HyunBin on November 14, 2017, 03:43:44 AM
Quote from: Katashi on November 14, 2017, 03:40:56 AM
Quote from: Onika84 on November 14, 2017, 03:36:02 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.
\


It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.

Micromoney have a good vision about their idea so far. They have started business and running well, several agreement with another exchange also some ICO project, should make this project more than we heard today.

Yes it is, plus the fact that if you look at their moves they are really planning for long term runs such as registering to prominent exchanges.
Long term is means a lot. Specially when you want the whole world to be your customer. But it has a potential to be a trustworthy and a great capital as well. This bring a good demand for MM future.
i think that is posible, thats why micromoney wants to be tokenize in order to expand to the world using the blockchain technology.
mongkie
full member
Activity: 630
Merit: 102
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:49:03 AM
#1297
Quote from: Katashi on November 14, 2017, 03:31:07 AM
Quote from: mongkie on November 14, 2017, 03:09:27 AM
Quote from: HyunBin on November 14, 2017, 03:05:13 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.

It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.
Good to hear that because in our country there is a lot of unbanked people but they have a real huge amount of money. MicroMoney is focused on micro-financing in the money lending industry, is that true?  Do they have any service than this?

that is the target market of micromoney, the unbanked sector of the emerging countries in asia and africa. the timing and the target market of the project is perfect.

I believe this will be a major threat for the existing centralize institution, the real reason why i find micro money very disruptive when it comes to project ideology.

the cryptocurrency itself is a big threat to centralize institutions like banks and other lending companies and the project of micromoney to provide the unbanked to have a credit history in order for them to deal with other institutions is great idea and would be a great help to the emerging economies in asia and africa.
iamlds08
full member
Activity: 490
Merit: 110
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:46:09 AM
#1296
Quote from: rdny on November 14, 2017, 03:39:38 AM
Quote from: Katashi on November 14, 2017, 03:28:41 AM
Quote from: iamlds08 on November 14, 2017, 03:19:30 AM
Quote from: mongkie on November 14, 2017, 03:12:12 AM
Quote from: Katashi on November 14, 2017, 03:03:30 AM
Quote from: iamlds08 on November 14, 2017, 02:59:32 AM
Quote from: HyunBin on November 14, 2017, 02:50:33 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.

well indian loansharks in the philippines what they call 5/6 is earning 20%interest rate per month you borrow 5 you pay 6 and its government is not taking actions on it even if it is illegal. i am interested how much interest rate would AMM approve here in the philippines.

When you talk of those indian loansharks they are really earning that much, here in our country the payments is only daily basis on a small people they are thinking that it's lighter coz it's on installment basis but if you try to compute the interest it's really gone to far versus the principal value.

is your government doing their job? daily payment would put the borrower deeper in that situation. that is not humane! instead of helping the poor to alleviate poverty they are just adding burden on them!

well that is the scenario here. rich becomes richer and poor becomes poorer. well if micromoney will be here in the philippines that is a great project to alleviate poverty. i have read the plans on expansion and scrutinizing the details. devs is there a working micromoney office here?

You're probably right but i believe on this present times the people has no choice, that's why i'm glad that such project like this emerges in order the balance the odds.

It is true that there is a Usury Law here in the Philippines, which prohibits the unconscionable charging of interest rates, in this case, 20% per month. Unfortunately, there is a suspension of the law from one of the Central Bank's circulars hence, the parties are free to enter in any agreement with any interest rates making the 20% per month case we have here which is legal and binding to the parties hereto.

Entry of micromoney here in the country will help in curbing these scenarios because there will be more options available for the borrowers offering lower interest rates while at the same time requiring little to no documentary requirements.

that is why i'm excited to do business with micromoney because of its revolutionary solution to longterm problems in lending industry. goodluck team!
rdny
full member
Activity: 322
Merit: 100
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:45:06 AM
#1295
Quote from: HyunBin on November 14, 2017, 03:05:13 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.

It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.
Good to hear that because in our country there is a lot of unbanked people but they have a real huge amount of money. MicroMoney is focused on micro-financing in the money lending industry, is that true?  Do they have any service than this?

I have read that there are also big money on the unbanked and underbanked sectors of the economy, in this case, is there also a way for them to invest their money to micromoney like the way you are able to cater to them as well?
HyunBin
sr. member
Activity: 742
Merit: 250
SURVIVE | P2E
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:43:44 AM
#1294
Quote from: Katashi on November 14, 2017, 03:40:56 AM
Quote from: Onika84 on November 14, 2017, 03:36:02 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.
\


It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.

Micromoney have a good vision about their idea so far. They have started business and running well, several agreement with another exchange also some ICO project, should make this project more than we heard today.

Yes it is, plus the fact that if you look at their moves they are really planning for long term runs such as registering to prominent exchanges.
Long term is means a lot. Specially when you want the whole world to be your customer. But it has a potential to be a trustworthy and a great capital as well. This bring a good demand for MM future.
Katashi
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:40:56 AM
#1293
Quote from: Onika84 on November 14, 2017, 03:36:02 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.
\


It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.

Micromoney have a good vision about their idea so far. They have started business and running well, several agreement with another exchange also some ICO project, should make this project more than we heard today.

Yes it is, plus the fact that if you look at their moves they are really planning for long term runs such as registering to prominent exchanges.
rdny
full member
Activity: 322
Merit: 100
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:39:38 AM
#1292
Quote from: Katashi on November 14, 2017, 03:28:41 AM
Quote from: iamlds08 on November 14, 2017, 03:19:30 AM
Quote from: mongkie on November 14, 2017, 03:12:12 AM
Quote from: Katashi on November 14, 2017, 03:03:30 AM
Quote from: iamlds08 on November 14, 2017, 02:59:32 AM
Quote from: HyunBin on November 14, 2017, 02:50:33 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.

well indian loansharks in the philippines what they call 5/6 is earning 20%interest rate per month you borrow 5 you pay 6 and its government is not taking actions on it even if it is illegal. i am interested how much interest rate would AMM approve here in the philippines.

When you talk of those indian loansharks they are really earning that much, here in our country the payments is only daily basis on a small people they are thinking that it's lighter coz it's on installment basis but if you try to compute the interest it's really gone to far versus the principal value.

is your government doing their job? daily payment would put the borrower deeper in that situation. that is not humane! instead of helping the poor to alleviate poverty they are just adding burden on them!

well that is the scenario here. rich becomes richer and poor becomes poorer. well if micromoney will be here in the philippines that is a great project to alleviate poverty. i have read the plans on expansion and scrutinizing the details. devs is there a working micromoney office here?

You're probably right but i believe on this present times the people has no choice, that's why i'm glad that such project like this emerges in order the balance the odds.

It is true that there is a Usury Law here in the Philippines, which prohibits the unconscionable charging of interest rates, in this case, 20% per month. Unfortunately, there is a suspension of the law from one of the Central Bank's circulars hence, the parties are free to enter in any agreement with any interest rates making the 20% per month case we have here which is legal and binding to the parties hereto.

Entry of micromoney here in the country will help in curbing these scenarios because there will be more options available for the borrowers offering lower interest rates while at the same time requiring little to no documentary requirements.
Onika84
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:36:02 AM
#1291
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.
\


It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.

Micromoney have a good vision about their idea so far. They have started business and running well, several agreement with another exchange also some ICO project, should make this project more than we heard today.
chillcott
full member
Activity: 308
Merit: 100
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:34:25 AM
#1290
Quote from: Katashi on November 14, 2017, 03:03:30 AM
Quote from: iamlds08 on November 14, 2017, 02:59:32 AM
Quote from: HyunBin on November 14, 2017, 02:50:33 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.

well indian loansharks in the philippines what they call 5/6 is earning 20%interest rate per month you borrow 5 you pay 6 and its government is not taking actions on it even if it is illegal. i am interested how much interest rate would AMM approve here in the philippines.

When you talk of those indian loansharks they are really earning that much, here in our country the payments is only daily basis on a small people they are thinking that it's lighter coz it's on installment basis but if you try to compute the interest it's really gone to far versus the principal value.
yes your right the indians are taking advantage to the poor people of the philippines they collect 20% of interest right after they give you the money. for example you barrow 5 they only give you 4.
Katashi
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:31:07 AM
#1289
Quote from: mongkie on November 14, 2017, 03:09:27 AM
Quote from: HyunBin on November 14, 2017, 03:05:13 AM
Quote from: chillcott on November 14, 2017, 03:01:36 AM
Quote from: HyunBin on November 14, 2017, 02:55:14 AM
Quote from: mongkie on November 14, 2017, 02:53:18 AM
Quote from: rdny on November 14, 2017, 02:48:03 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

Please do remember that as an investor, you have to do your due diligence. The whitepaper is merely an introductory documents for you to consume and understand what you will be possibly investing into. Investing also entails that you need a minimum level of understanding before you risk your so called hard earned funds. Also, investing your hard earned money is like going into a gamble, you will never know if your investment will give you a positive return or not, what you can do is to believe in the project and hope for its best. Trusting the development team is also a good thing, since it means that you believe in what they are doing and their capabilities.

I believe that investing in micromoney is an excellent idea since i believe in their project viability and the team's experience and expertise on the field. In addition, they already have a working business model which greatly increases their credibility for any upcoming investors.

yes offcourse there is always risk in every business but what we are interested with micromoney is the working business and plans on expansion. micromoney is a good investment.

It's trusted in too many different places in the world. Which mean this is tested and trustworthy as well.
yes AMM started 2015 and they have branches somewhere in the globe and there are lots of project in ASIA ready to open, so i think AMM is already trusted by the borrowers and investors.
Good to hear that because in our country there is a lot of unbanked people but they have a real huge amount of money. MicroMoney is focused on micro-financing in the money lending industry, is that true?  Do they have any service than this?

that is the target market of micromoney, the unbanked sector of the emerging countries in asia and africa. the timing and the target market of the project is perfect.

I believe this will be a major threat for the existing centralize institution, the real reason why i find micro money very disruptive when it comes to project ideology.
rdny
full member
Activity: 322
Merit: 100
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:28:53 AM
#1288
Quote from: HyunBin on November 14, 2017, 02:50:33 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.

If micromoney is operating on different countries, then does this mean that they will have different interest rates which are according to the specific countries' laws and regulations?can you please explain this further.
Katashi
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Re: [ANN][MicroMoney] The New Global Crypto Economy
November 14, 2017, 03:28:41 AM
#1287
Quote from: iamlds08 on November 14, 2017, 03:19:30 AM
Quote from: mongkie on November 14, 2017, 03:12:12 AM
Quote from: Katashi on November 14, 2017, 03:03:30 AM
Quote from: iamlds08 on November 14, 2017, 02:59:32 AM
Quote from: HyunBin on November 14, 2017, 02:50:33 AM
Quote from: mongkie on November 14, 2017, 02:26:13 AM
Quote from: rdny on November 14, 2017, 02:21:30 AM
Quote from: among on November 08, 2017, 06:48:47 PM
Quote from: AndyGon on November 08, 2017, 09:43:06 AM
Quote from: bigcash2011 on November 08, 2017, 09:34:58 AM
Yes, i also noticed that, i would like to see how they plan to run their business and apps on blockchain.

Quote from: saimoooon on November 08, 2017, 08:13:58 AM
very little technical details on the projects, do you plan to expand the WP?

Why are you asking to put a lot of information to WP. Big WP is not good to. If it have 10-20 pages may be someone will read it. But if it will be 50+ it's to hard to read.

i think we have to take into consideration some signs that make an ICO unique and has a working product, if it Has a good Team with large professional experience, not only a whitepaper,

Whitepaper is like an abstract to a certain thesis, they are just sharing with you the key concepts and ideas and the basics of their business model. These information are then used by possible investor, user, developer and can also be used by a competitor. That is why it is important to share just enough but not too much to prevent loss of information and leaking of their trade secrets.

if you are an investor, you are keen on details and problem that the project may encounter because you are risking your hard earned money on it. the pages of whitepaper doesnt determine the whole project but the content itself.

But as you can see on their website " We are working in partnership with pawnshop, licensed under the laws of the government of Myanmar. Pawnshop interest rate is 2.5% per month. License No(4), Botahtaung Township, 2016-2017" . It's under the law of the, country they want to make business. It's the transparency the we needed to make a quick business without getting a risky part.

well indian loansharks in the philippines what they call 5/6 is earning 20%interest rate per month you borrow 5 you pay 6 and its government is not taking actions on it even if it is illegal. i am interested how much interest rate would AMM approve here in the philippines.

When you talk of those indian loansharks they are really earning that much, here in our country the payments is only daily basis on a small people they are thinking that it's lighter coz it's on installment basis but if you try to compute the interest it's really gone to far versus the principal value.

is your government doing their job? daily payment would put the borrower deeper in that situation. that is not humane! instead of helping the poor to alleviate poverty they are just adding burden on them!

well that is the scenario here. rich becomes richer and poor becomes poorer. well if micromoney will be here in the philippines that is a great project to alleviate poverty. i have read the plans on expansion and scrutinizing the details. devs is there a working micromoney office here?

You're probably right but i believe on this present times the people has no choice, that's why i'm glad that such project like this emerges in order the balance the odds.
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