Review on MicroMoney by Jose Palma
MicroMoney (AMM), facilitates access to loans, without documentation, based on decentralized finance and without bank-based systems.
MicroMoney (AMM), has been developed as an unbanked project, which offers access to the decentralized financial system to people without bank accounts, it creates a good loan system, with comfortable interest installments, allows you to request and make loans in cryptocurrencies and even Fiat money, also has a platform that works with multichains, which guarantees secure, fast transactions at any time. MicroMoney, developed its own decentralized application that allows easy access to the platform from mobile devices, its ecosystem guarantees good financing, without the need for documentation and with full payments at the end of the loan term, this has good features, automated algorithms, has good security and allows investments. MicroMoney (AMM), represents the token for operations within the ecosystem, it can be received as a loan asset, to opt for benefits within the platform, it is a token that can be traded from popular exchanges, promotes financing based on the implementation of digital assets, similarly this project adopts the technology of Polkadot, since this chain, guarantees a good implementation of services and transactions from other chains.
Pros
- Guarantees good access to loans based on cryptocurrency and in the native token of the MicroMoney ecosystem (AMM).
- Provides users with an unbanked financing system, which integrates decentralized finance.
- Its roadmap was successfully completed.
- It has lending services accepted in many countries worldwide.
- Facilitates access to services from mobile devices, as it has developed a mobile application with good characteristics and interface design.
Cons
- Some MicroMoney accounts on social networks are no longer accessible.
- Your MicroMoney mobile application has compatibility issues on some devices.
