I see that users will be able to get fiat money by depositing crypto assets. So what can Cereal tokens be used for ?
It's actually you can get fiat money or else you can purchase mining equipments directly. Many miners will find it very resonable. Cereal provides loans in fiat that allows their clients to get cash for daily expenses, using their crypto as collateral. Once the loan is repaid, Cereal return the collateral.
In my case i'm rather interested in getting a fiat money using the platform. Basically i believe mining requires much knowledge and not possible for me as it will require a good capital investment. But due to the current market condition my investment seems to be very low. I hope this projects a very good success so that in future i can use my cryptos to grab a loan in need.