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Topic: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments - page 251. (Read 187501 times)

full member
Activity: 714
Merit: 100
waiting for social media bounty campaign

@cryptoworldwide We will announce Bounty campaign shortly. To get notified, subscribe or join our Slack.



By the way, we're excited not only to be listed, but also positively rated at the "ICO Tracker" platform!
https://icotracker.net/project/monetha
sr. member
Activity: 770
Merit: 250
"Proof-of-Asset Protocol"
waiting for social media bounty campaign
full member
Activity: 714
Merit: 100
How can I check your MVP?

Thanks for the question @JosBronstein! It will be available for the public to check and install into the Wordpress e-commerce website in an upcoming few weeks. Moreover, it will most likely be launched in a few stages allowing different functionality with each stage.
full member
Activity: 714
Merit: 100
I have a question about bounty campaign. Are you going to inform everyone about bounty campaign via newsletter?

@cryptomartin we are going to inform everyone through all the channels that we have: slack, newsletter, BitcoinTalk, etc. It's best that you subscribe to our newsletter or join the Slack channel in order to be notified when Bounty program is launched.
newbie
Activity: 7
Merit: 0
How can I check your MVP?
full member
Activity: 140
Merit: 100
I have a question about bounty campaign. Are you going to inform everyone about bounty campaign via newsletter?
full member
Activity: 714
Merit: 100
We are proud to announce that we got listed on one of the biggest ICO lists in the world https://www.smithandcrown.com/icos/
newbie
Activity: 47
Merit: 0
Is the max cap will be known before the ICO start ?

@lacal We will definitely announce the max cap before the ICO start. The max cap will not be significantly higher then the soft cap of EUR 7m.

Hi,

Ok great, i didn't want invest because i was thinking it will be another ICO who hide hard cap, for take advantage of the supposed limited coin, without real or decent limit. 10M seem the max in my opinion, because we have to multiply by 1.62 to get the market cap after distribution.

Anyway, good luck !
full member
Activity: 714
Merit: 100
Is the max cap will be known before the ICO start ?

@lacal We will definitely announce the max cap before the ICO start. The max cap will not be significantly higher then the soft cap of EUR 7m.
newbie
Activity: 47
Merit: 0
Is the max cap will be known before the ICO start ?
newbie
Activity: 2
Merit: 0
Nice project! Hope to see more news about you in Medium!
full member
Activity: 714
Merit: 100
What uptake do the first investors get and when does the first price batch ends?
I'm really interested if possible in getting into the first or if second price batch.

Hello Racketo and thanks for the question! There will be two price batches: 
- First: 1 ETH = 2400 MTH until the soft cap of EUR 7m is reached
- Second: 1 ETH = 2000 MTH until the hard cap is reached.
newbie
Activity: 7
Merit: 0
What uptake do the first investors get and when does the first price batch ends?
I'm really interested if possible in getting into the first or if second price batch.
full member
Activity: 714
Merit: 100
We're proud to announce that we got listed on our first ICO list, which is ICO Alert: https://www.icoalert.com!
full member
Activity: 714
Merit: 100
Mind answering my question?

Hello @Metros! We are very sorry for the delay. For now, we do not have a plan to introduce Masternodes for token holders. If that changes, we will announce it publicly.

Any other benefit for long-term holders? commissions?

@Metros there is definitely a benefit for the long-term holders of Monetha token. Monetha will charge a 1.5% transaction fee from merchants. Of that, 0.5% will go to a smart contract for Monetha token holders.

An interesting fact that we mentioned in the White Paper and should mention here is:

the average traditional payment gateways take approximately only 0.25% + 0.1 from total fee as their revenue. This 0.25% + 0.1 is a mark-up fee to the  interchange rates. For example, if the total transaction fee that merchant is charged is 2.35% + $0.2, the 2.1%+ $0.2 is the  interchange part  that banks, credit card associations and others are dividing and 0.25% + $0.1 is the  markup part, which payment gateways take home as revenue.

With this in mind, we are giving our token holders almost double the rate that an average global payment gateway takes per transaction as their revenues . Moreover, we not only decrease the transaction fee that merchant has to pay, let alone the other fees that he will not have to worry about anymore, but we are also left with approximately four times the rate to do business with.

And is there a minimum amount of coins I'll need to hold to start gaining from the fee's?

@Metors, no there is no minimum amount of coins you need to hold in order to start gaining from the fee's. The gain form the fees will be proportional to your holdings.
full member
Activity: 308
Merit: 100
Mind answering my question?

Hello @Metros! We are very sorry for the delay. For now, we do not have a plan to introduce Masternodes for token holders. If that changes, we will announce it publicly.

Any other benefit for long-term holders? commissions?

@Metros there is definitely a benefit for the long-term holders of Monetha token. Monetha will charge a 1.5% transaction fee from merchants. Of that, 0.5% will go to a smart contract for Monetha token holders.

An interesting fact that we mentioned in the White Paper and should mention here is:

the average traditional payment gateways take approximately only 0.25% + 0.1 from total fee as their revenue. This 0.25% + 0.1 is a mark-up fee to the  interchange rates. For example, if the total transaction fee that merchant is charged is 2.35% + $0.2, the 2.1%+ $0.2 is the  interchange part  that banks, credit card associations and others are dividing and 0.25% + $0.1 is the  markup part, which payment gateways take home as revenue.

With this in mind, we are giving our token holders almost double the rate that an average global payment gateway takes per transaction as their revenues . Moreover, we not only decrease the transaction fee that merchant has to pay, let alone the other fees that he will not have to worry about anymore, but we are also left with approximately four times the rate to do business with.

And is there a minimum amount of coins I'll need to hold to start gaining from the fee's?
full member
Activity: 714
Merit: 100
We want to let the BitcoinTalk community know, that we received a lot of requests to be present on the Telegram platform and we did it! Feel free to join our Telegram group
(https://t.me/monetha_io)
full member
Activity: 714
Merit: 100
I'm sure community is gonna love this project. This is exactly what Ethereum needs. Supplies both sides of the market and the team looks really strong. Anxious to know when the token sale will start!

Thanks for the feedback @tobby_singapor. As discussed above and shown in our announcement post Monetha ICO will start in mid-to-late August. We will announce the specific date soon! Stay tuned.
newbie
Activity: 1
Merit: 0
I'm sure community is gonna love this project. This is exactly what Ethereum needs. Supplies both sides of the market and the team looks really strong. Anxious to know when the token sale will start!
full member
Activity: 714
Merit: 100

@Monetha.io, an promising project! And there is an nice ANN thread manger that can answer every question ASAP. There is no doubt this thread will be a hot topic and more and more readers will come to see it. As mentioned above, it is better to launch the bounty campaign.

Thank you for the feedback @juicejoyce!
Yes, we put a lot of focus on our investor support and will answer any questions that people might have regarding "Monetha".
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