- Summary:
- Monopoly Finance will launch its meme coin-focused lending and NFT platform in the new year and it brings innovative use to meme tokens.
Crypto project Monopoly Finance announced that it will officially launch its new crypto platform on January 24th. The platform will initially feature a lending platform for meme coins as well as a unique collection of NFTs. Monopoly has been in the presale phase and is readying to launch, with the goal of introducing innovative products and promoting advancements to the Web3 industry. Furthermore, Monopoly Finance has already been listed on three exchange and will ramp up its marketing and list on additional exchanges in phase two to further broaden its reach.
The Monopoly Finance development roadmap
The primary goal of the project is to build a new kind of cryptocurrency financing platform specifically for meme coins. This will allow users to use their meme coins as collateral for borrowing on this new site. Anyone is free to deposit tokens on the platform and in get up to 70% of their dollar value as a loan. Also, users can use other assets like USDT, Bitcoin, TRON, and others as collateral.
The project’s goal is aligned with the rise in popularity of meme coins gain in the crypto market. Monopoly Finance’s lending platform aims to be a core component for meme coin traders and investors. Meme coin holders now have a new way to access liquidity and realise the full potential of their holdings thanks to Monopoly Finance’s new lending platform.
As the project nears completion, the lending platform will be its last milestone. Before that, Monopoly Finance intends to accomplish major milestones, such as the issuance of a Mono card and NFT. The team is also planning to launch its own exclusive NFT collection, so those who own Mono Coins will be able to gain from this valuable airdrop.
Monopoly Finance will release Mono Card in 2025, opening a host of exciting uses. With a $9,000 monthly limit, this card can be used at stores all across the world, and online. In addition to a 15% yearly cashback regardless of purchase amount, Mono Card customers will get a $20 activation bonus.