The team behind MicroMoney plan to bring the power of the blockchain network into the financial sector. According to their website:

100 out of 196 countries in the world serve as a home for 2,000,000,000 unbanked people, who are excluded from the local and global economy as they still use cash only, do not have any credit history and do not have access to basic financial services.”

This might not seem like much of a problem but without a verifiable credit history, taking out a loan is a great challenge for them unless they obtain a credit history. MicroMoney is here to solve that problem.

Most of these people (without credit histories) still use their smartphones and social networks on a regular basis. This represents a tremendous amount of quantifiable data and a substantial number of new potential clients for business, especially those in the financial sector. Unfortunately, the financial institutions do not have any access to this information about these clients and their creditworthiness, thus they are unwilling to risk serving these people. The good news is that these people still need funds or a line of credit for one thing or the other and surely these businesses still need new customers to survive the competition!

MicroMoney aims to help these 2 billion unbanked people to be a part of the new Global Crypto Economy! MicroMoney is developed by a team of professionals who have the capacity to work in emerging markets where all established banks are not unable or unwilling to operate, and even if these banks decide to operate there, they are not innovative enough to survive in this unchartered environment. As with most new developments on the blockchain network, there is a bit of skepticism on the viability of this product but MicroMoney is one of few Blockchain companies that is backed by a real product. The best part is that it is all open source.

So what is Micromoney?

MicroMoney is a revolutionary innovation from the Credit & Big Data Bureau that connects new customers to all existing financial services. The MicroMoney A.I. platform is designed to use complex algorithms to predict the potential creditworthiness of all customers on the ecosystem. The system boost that in just 15 minutes a borrower can get their very first loan in their life just from using their smartphone. This way, all customers have the ability to pay fewer interest fees and have a higher credit rating, if they use the MicroMoney platform more often. The beauty of the system is that it cannot be manipulated just as the Blockchain as all aggregated Big Data and Credit Histories of users are stored on the Blockchain network. Therefore, thousands of existing businesses will get easy access to millions of new customers using their data which will usher them into the global economy.


AMM Tokens

The MicroMoney A.I. platform uses its own utility token called AMM to support all operations on the platform. The AMM token is an integral part of the MicroMoney ecosystem and it can be used as a means for internal payments or a way to get access to MicroMoney’s services. The token model was adopted by MicroMoney’s so that users will be able to use it frequently, thereby creating a higher demand for the token. The AMM utility token gives access to a number of features within the MicroMoney ecosystem based on the quantity and the value of the tokens held by the token holders. With this system, MicroMoney aims to build a multi-purpose digital identity, creditworthiness, and financial reputation without borders or intermediaries.

MicroMoney ICO

The MicroMoney ICO token sale is currently ongoing, crowd sales started on October 18, 2017, while the pre-sale went underway since September 15, with the company giving a 43% bonus on purchases during this period. It is projected that early investors in the currently ongoing general crowd sale can access bonuses as high as 25%. Each MicroMoney token (AMM) has an initial price of $1 USD. According to the MicroMoney documentation, the maximum quantity of AMM to be issued is 60 million, and any unsold tokens will be destroyed after the initial crowd sale.


All tokens are 100% pre-mined, ERC20-compliant tokens. With 84% of the total supply going up during the token sale, 8% reserved for the team behind the magic (frozen for one year), 4% for advisors and mentors, and 4% for bounties.


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