To all the Italian community!
Please find here the ANN thread in Italian: https://bitcointalksearch.org/topic/ann-mnt-registrazione-aperta-per-monartis-valuta-e-negozio-online-2472705
Join the discussion there.
Ciao!
Topic: [ANN] [MNT] Registration open for Monartis - the currency and online store - page 2. (Read 2599 times)
December 05, 2017, 05:52:42 AM
December 04, 2017, 08:45:57 AM
I see that the thread doesnt get the attention it does deserve. The proposition is a good one and everyone that participates in the Monartis ecosystem early, will benefit greatly from it. Hopefully your tokensale will be a success so you can make your promises a reality.
December 02, 2017, 03:53:56 AM
Interestingly, if you have this token we can make payments at online stores, hopefully in the future there will be more online stores that accept payment by using this token. success for the team
December 01, 2017, 06:33:18 PM
Hi everyone! Just added Monartis ICO to my website https://concourseq.io/Q/Monartis. ConcourseQ is a collaborative due dilligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! (PS: Team welcome to add sale details)
Thank you for taking the time to reach out here. We'd be very happy to provide further information to assist with: would you like us to provide that here at Bitcointalk, or via another avenue?
Sure You join our discord group: https://discord.gg/zR2Cthj and message me (SeveralQ) I will fill in some inf oif you would like, Or you can make your own account.
November 28, 2017, 11:35:33 AM
Thank you for your welcome Monartis, I have signed up as a signature on this project for that I hope this project is successful and growing .. Good luck reaching the target!
Many thanks HunterBTC - great to hear your views!
November 28, 2017, 08:56:58 AM
Hi guys,
Now is possible to make part of the Monartis discussion on the Portuguese Language.
Official Monartis Token Thread translated and posted on Portuguese. Ready for discussion and to answer all your questions and curiosities related to the Monartis Token project.
You guys are more than welcome to participate and join to this adventure without borders. Make part of the future with Monartis!
São todos bem vindos ao nosso Tópico Português de Monartis Token
Click at this link to access and participate on our discussion.
Now is possible to make part of the Monartis discussion on the Portuguese Language.
Official Monartis Token Thread translated and posted on Portuguese. Ready for discussion and to answer all your questions and curiosities related to the Monartis Token project.
You guys are more than welcome to participate and join to this adventure without borders. Make part of the future with Monartis!
São todos bem vindos ao nosso Tópico Português de Monartis Token
Click at this link to access and participate on our discussion.
Hi rindo,
Thank you very much for taking the time to make us aware of your work.
November 28, 2017, 07:18:46 AM
Hi guys,
Now is possible to make part of the Monartis discussion on the Portuguese Language.
Official Monartis Token Thread translated and posted on Portuguese. Ready for discussion and to answer all your questions and curiosities related to the Monartis Token project.
You guys are more than welcome to participate and join to this adventure without borders. Make part of the future with Monartis!
São todos bem vindos ao nosso Tópico Português de Monartis Token
Click at this link to access and participate on our discussion.
Now is possible to make part of the Monartis discussion on the Portuguese Language.
Official Monartis Token Thread translated and posted on Portuguese. Ready for discussion and to answer all your questions and curiosities related to the Monartis Token project.
You guys are more than welcome to participate and join to this adventure without borders. Make part of the future with Monartis!
São todos bem vindos ao nosso Tópico Português de Monartis Token
Click at this link to access and participate on our discussion.
November 28, 2017, 04:56:08 AM
hi,
i am very happy to join this project, i want to ask. which online store is ready to join the monartist? please give me the address of the site, I want to see it.
thank you
Thank you, wim255. That's a great question: the answer is that the initial store will be operated from a Monartis-owned domain name. We hope to bring additional retailers on board, as outlined within our white paper: they will obviously have their own unique domain names.
November 28, 2017, 03:17:27 AM
There's an article on Crypto Currencies Hub, which provides further information on the Monartis project.
Thanks for posting it here,the interview provide a lot of information about Monartis and I believe they passed it with flying colors this is a must read interview some if you want an insight and more details about their coming ico.
We're certainly very pleased to have been selected for an interview on Crypto Currencies Hub and hope that the published article provides some useful information for the blog's audience.
November 27, 2017, 10:24:26 PM
Thank you for your welcome Monartis, I have signed up as a signature on this project for that I hope this project is successful and growing .. Good luck reaching the target!
November 27, 2017, 08:38:35 PM
Hi bribed
Thank you for your follow up question. In answer to what you are asking here: yes, it will be possible for prices to be updated dynamically, based upon MNT fluctuations. There are effectively two available models for such changes:
1. Using live data, allowing immediate pricing updates to be performed at the time of the user search
2. Scheduled updates. For example, we (or another retailer) might choose to update pricing hourly
The right model for an individual retailer is likely to depend upon their own preferences and the level of price volatility. If the price is particularly volatile at the outset, for example, then it's likely that live rates might be seen as providing the best option.
Hey there, thanks for the follow up explanations. This sounds good to me, looking forward to see mass adoption of crypto with your store and to buying me something cool on there!
November 27, 2017, 08:20:29 PM
hi,
i am very happy to join this project, i want to ask. which online store is ready to join the monartist? please give me the address of the site, I want to see it.
thank you
November 27, 2017, 05:26:49 PM
There's an article on Crypto Currencies Hub, which provides further information on the Monartis project.
Thanks for posting it here,the interview provide a lot of information about Monartis and I believe they passed it with flying colors this is a must read interview some if you want an insight and more details about their coming ico.
November 27, 2017, 01:36:49 PM
What's the last day of Token Sale ?
Hi Immanuel10,
The provisional date for the close of the Crowdfunding Campaign is 21 January. We'll provide updates here and also on the official Telegram group.
November 27, 2017, 11:24:54 AM
What's the last day of Token Sale ?
November 27, 2017, 09:15:01 AM
There's an article on Crypto Currencies Hub, which provides further information on the Monartis project.
November 27, 2017, 05:15:03 AM
A product is judged by the team behind it, and I must say this project has a good chance to take off based on the expertise of the team behind this, but do you have a ready platform for this or are you going to integrate to an existing one.
Will follow this project and see how it goes.
Will follow this project and see how it goes.
Hi smyslov,
Many thanks for your feedback and for your question.
The online store is being constructed using an existing platform (Shopify), with a custom integration. We took the decision to follow such an approach after some deliberation. We ultimately decided not to build a bespoke platform for a number of reasons:
1. The resource requirement in developing such an approach would have been considerably greater.
2. There were already a number of existing platforms that could already meet the requirement for the construction of an online store. We opted to proceed with Shopify, but there were other platforms available that could have worked too.
3. Perhaps most importantly, if we'd created a bespoke system, then we'd have been faced with attempting to persuade retailers to use that system too.
That 3rd point is critical. Since most retail partners will already have online stores running on existing e-commerce platforms, we believed that it was important that we should be able to integrate with those stores, rather than seeking to persuade retailers to overhaul their systems. Realistically, such persuasion would have been very difficult. By opting for Shopify, we have the means to offer rapid integration with numerous online stores worldwide.
We believe that represents the best approach and we're pleased to see that the project is being rated highly by those who are carrying out assessments.
November 27, 2017, 03:31:30 AM
Hi bribed - thank you for your great question!
The online store integration will allow us three options at the outset (and the same will apply to other retailers adopting Monartis payments, via Shopify from the beginning and then from the additional e-commerce platforms over time). Those options are essentially:
1. Set pricing in MNT
2. Peg the price directly to another currency (eg the dollar, as you mention)
3. Peg the price directly to another currency (eg the dollar) and then apply a price modification
In the case of our initial store, we envisage using option 3. So to take how that will work in practice:
Product A might be priced at $50. We will perform the conversion into MNT and then discount, allowing us to shown an MNT price against the dollar price.
So, to take a hypothetical example, product A might cost the buyer $50 (in fiat), but only $45 (in MNT).
That pricing structure allows us to encourage use of MNT from the beginning, which is important for two reasons:
1. We want the currency to be in use. Offering discounts in our own store is one means of encouraging spending.
2. We want transactions flowing through our store from the outset. That's important for demonstrating to other retailers that the integration is successful and that consumers are willing to spending via MNT in a digital store
We hope that answers your question, but do feel free to ask for any further clarification that you might require.
Hi there, thanks for the detailed explanation. This cleared things up and makes sense to me. But you will still have to adapt prices in MNT if the value goes up or down right? I mean for example if product A is listed for $45 in MNT (lets say this would be 20 MNT) and one day later 1 MNT shoots up to $10 each, so you would have to adjust the pricing to 4,5 MNT for product A am I right? Nobody would buy product A anymore for 20 MNT because it would be equal to $200.
Hi bribed
Thank you for your follow up question. In answer to what you are asking here: yes, it will be possible for prices to be updated dynamically, based upon MNT fluctuations. There are effectively two available models for such changes:
1. Using live data, allowing immediate pricing updates to be performed at the time of the user search
2. Scheduled updates. For example, we (or another retailer) might choose to update pricing hourly
The right model for an individual retailer is likely to depend upon their own preferences and the level of price volatility. If the price is particularly volatile at the outset, for example, then it's likely that live rates might be seen as providing the best option.
November 26, 2017, 12:51:56 AM
A product is judged by the team behind it, and I must say this project has a good chance to take off based on the expertise of the team behind this, but do you have a ready platform for this or are you going to integrate to an existing one.
Will follow this project and see how it goes.
Will follow this project and see how it goes.
November 25, 2017, 01:37:51 PM
Hi bribed - thank you for your great question!
The online store integration will allow us three options at the outset (and the same will apply to other retailers adopting Monartis payments, via Shopify from the beginning and then from the additional e-commerce platforms over time). Those options are essentially:
1. Set pricing in MNT
2. Peg the price directly to another currency (eg the dollar, as you mention)
3. Peg the price directly to another currency (eg the dollar) and then apply a price modification
In the case of our initial store, we envisage using option 3. So to take how that will work in practice:
Product A might be priced at $50. We will perform the conversion into MNT and then discount, allowing us to shown an MNT price against the dollar price.
So, to take a hypothetical example, product A might cost the buyer $50 (in fiat), but only $45 (in MNT).
That pricing structure allows us to encourage use of MNT from the beginning, which is important for two reasons:
1. We want the currency to be in use. Offering discounts in our own store is one means of encouraging spending.
2. We want transactions flowing through our store from the outset. That's important for demonstrating to other retailers that the integration is successful and that consumers are willing to spending via MNT in a digital store
We hope that answers your question, but do feel free to ask for any further clarification that you might require.
Hi there, thanks for the detailed explanation. This cleared things up and makes sense to me. But you will still have to adapt prices in MNT if the value goes up or down right? I mean for example if product A is listed for $45 in MNT (lets say this would be 20 MNT) and one day later 1 MNT shoots up to $10 each, so you would have to adjust the pricing to 4,5 MNT for product A am I right? Nobody would buy product A anymore for 20 MNT because it would be equal to $200.
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