what good is this for the community
if you are a investor then u can ask question and dev or community will answers you and also you can ready here community question and answers for clarification. i hope u understand.
Are you a member of micromoney team or an investor?
I am thinking about investing. But I need to understand clearly what will provide token growth. And I don't have an answer for this.
Micromoney mission is simple. According to the United Nations, there are still more than 2 billion of the unbanked in the world and this has brought the topic of financial inclusion to the front burner. These people are excluded from local and global economies as they are still using cash and don't have access to basic financial services. Taking out a loan is a great challenge for them as well unless they have a credit history.
MicroMoneys mission is to solve this problem. It was established as a microfinance institution and has sharpened the business to become decentralized Open Source Credit & Big Data Bureau on blockchain. Since 2015, Micromoney provides individuals and SMEs with short-term loans as the best solution for their financial needs. MicroMoney uses innovative risk scoring powered by artificial neural network and in the long run aims to help these 2 billion unbanked and underbanked people to build a multi-purpose digital identity, creditworthiness, and financial reputation without borders or intermediaries. In the end, the ultimate goal is to bring these people to the new global decentralized crypto economy.
A project of this nature, that is serving such a huge targeted population will definitely create value and increase in value in the nearest future. A good return on investment for investors is a possibility.
Yes this project creates value. And they will earn money. But I am not asking about the project. My question is about return on investments.
What will guarantee the value of token? Why should it price increase? I read the WP, but I didn't find the answer. That's why I am asking.