Topic: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments - page 239. (Read 187501 times)

You are welcome.

Soft cap is EUR 7m. Hard cap will be announced soon.
Conversion rates are these:
 - 1 ETH = 2400 MTH until the soft cap of EUR 7m is reached (20% bonus for early investors)
 - 1 ETH = 2000 MTH until the hard cap is reached.

Monetha Team

Thank You )) Illl look it )
What is soft cap, hard cap and price for 1 token?

Yes, it is focused on mobile payments. And yes, we already have a beta version with a very simple Decentralised Trust and Reputation system.

Follow the link here: https://www.monetha.io/en/mvp

Monetha Team

For mobile device? Right? You already have a beta-version?

Hello @gembira! Thanks for the question.

The most important thing to understand is that Monetha is a mix of PayPal and Trustpilot on the Ethereum blockchain. PayPal does not have a trust system integrated with payments and Trustpilot does not have a payments system integrated to their trust service.

In Monetha payments and trust will work flawlessly together. We are letting merchants accept mobile payments from their clients and at the same time ensure the trust for both the merchants and the clients.

The information needed to ensure a trustful relationship between buyer and seller (such as warranty) will be recorded onto the blockchain together with the payments (at the moment of payment). Smart contracts will automatically amend each party’s trust rating according to an algorithm that assesses the quality of the transaction. Based on the information saved during the transaction (for example warranty), clients and merchants will be able to file/solve a claim, rate each other, view ratings etc. Their history is then recorded onto the immutable Ethereum blockchain so that others can make well-informed commercial decisions.

So for example, once the payment is made, the trust rate for merchant increases. If client makes a review, trust rate increases as well. If client makes a claim and merchant does not react to it, the smart contract decreases the trust rate. Different weights of how smart contract changes the trust rate will be assigned to different actions

Think about this use case: imagine you are a merchant from China. The only way to sell your products to the global world and be trusted at the same time is to be part of Alibaba. Moreover, if you suddenly decide to start selling on Ebay, there is no way you can transfer that trust rate you earned

As of now, during the MVP stage, merchants can already install our product and accept Ether currency. During the product development we will introduce an opportunity to accept different Ethereum based crypto currencies (tokens) depending on their trading volume (this is important having in mind that merchants will be willing to exchange to fait).

All the best,
Monetha Team

A very brilliant plan, an innovation that I really love and I love to join a campaign with monetha

So, you want to make payment system like paypal for mobile devices?  
What main currencies you ll have?

The project is really interesting, for the sign camp already disiapin some eth and its rules are not bothered very hard. Hopefully later still can join join sign monetha camp. 

Reserving Turkish translation as a native Turkish person.

First time Monetha was mentioned publicly at a "The Vision For The Future" conference.

To watch a video follow this link: https://youtu.be/l13x-SJr7MQ

Thanks for the reply, I am waiting for news from you.

Edgeless is a project that will be more successful than .

Hello @SonaraBeta! We will announce the hard cap very soon. Hard cap depends on the ETH/EUR exchange rate. That’s why we have not announced the hard cap as of yet to have more time to adjust it depending on the current ETH/EUR exchange rate.

Anyway, when we announce the hard cap, it will be in ETH, so the hard cap in EUR might change depending on the exchange rate at any particular moment before or during the ICO.

Monetha Team

Hi DEV, please tell me how much coins will be the maximum?

More information about our powerful new addition to the team!

https://twitter.com/Monetha_io/status/893565026136498176

@electronicash we will most likely accept only Ether currency. If that changes, we will let you know.

All the best,
Monetha Team

The project is very potential and will certainly attract many big investors as they keep up with accurate information and have great development teams. I hope the project will be successful and everyone in the project can smile because of this project. Good luck

There are more updates about them on facebook which they send videos, I see it every time as they advertised on facebook.  Monetha seem to be a total new concept among the new ICOs in the forum. I'm also closely paying attention to this, so maybe I'd throw some ETH for this.

Are they considering Accepting BCH?

Hello @Rastadon!

Thanks for the question. There is no relationship between Edgeless and Monetha. It is just that we know Edgeless Team and they advised and helped us in the beginning.

Monetha Team

Hello @okinawa! We have decided no to translate to French language.

Monetha Team