Moeda is a blockchain powered cooperative banking system. It is open source and built for everyone. Moeda offers easy peer-to-peer payments and remittance network and aids the entrepreneurs reach faster toward their goals. Digital currencies move faster than physical cash. Moeda banking structure involves an autonomous, decentralized platform that is run by an association for the mutual benefit of the people.
The motive behind the Moeda loyalty project is to enable the modern banking facilities to those who cannot access the facilities for various reasons like financial weakness, geographical remote locations, and lack of infrastructure and internet facilities.
The Moeda ecosystem being first initiated in Brazil is more than a normal banking system. It gives them access to the digital technology with faster transactions and feasible business loans based on the blockchain network. The system is targeted towards the people who do not have the banking facilities deep in the rural segments across the globe.
Moeda loyalty ensures faster payment transfers, remittances for those individuals who still rely on the underbanked services (traditional physical method of banking using checks and cash rather than the digital technology of online banking) due to lack of infrastructure. MDA can be the ideal; platform for every type of consumer from a small petty business to a large crowdfunded project.
Moeda works on the lines of Ethereum that facilitates the building of custom applications on the blockchain ecosystem like database access, smart contracts, and storage. Facilities like IoT, artificial Intelligence along with the Ethereum blockchain are allowing Moeda to meet its dreams of a transparent, immutable system to revolutionize the financial system.
Moeda loyalty follows the ERC20 loyalty token system. This enables investors to be more supportive and inclined towards the company as they are offered incentives. The company may buy a certain range of the tokens from the open market at the current market price to avoid any volatile inclinations.
Moeda ICO is in partnership with Bitcoin Suisse AG company, a top crypto financial broker based in Switzerland. Interested investors can take part in the Moeda crowdsale via the partner site. The project is starting in Brazil with 1,00,000 registered members. The company has plans to expand the network to about 1 million within the next 5 years.
The price of 1MDA as of now is USD1.42685 and price per MDA in bitcoin is 0.00008407. Moeda charges between 3 to 5 percent transaction fee to sustain its expenses as well use it for project development.
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