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Topic: [ANN] MonarchToken - The Complete Crypto Solution - page 3. (Read 2844 times)

member
Activity: 532
Merit: 10

Still, I'm pretty concerned about the procedure for securing Tokens with real silver assets. After all, this silver need to be stored somehow, plus silver is very stable in its price and changing the crypto-currencies that can grow dramatically, for silver? I do not understand if this is necessary
newbie
Activity: 238
Merit: 0
The concept and purpose of this project is very good. This is the foundation that explains the benefits of this project in the future. I hope the development team can do their best at every opportunit...
member
Activity: 532
Merit: 10
Interesting news that Listia will be using Monarch for their Wallet and INK Protocol XNK

https://www.youtube.com/watch?v=DygbeV9OPiQ&t=68s


Sign of future Merchants coming along as Monarch rolls out?   I won't post all my thoughts just yet, need more Due Diligence but of all the merchant integration companies I've been researching this on my short list.


a very well known project that has a large client base

I'm sure that a partnership of this quality is already very helpful for the project to evolve in essence about customers no longer need to think.

Customers already present
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
From my own point of view, this is an interesting project and am glad am supporting,  thanks for explaining the reasons behind the idea of two tokens and what they both are meant for,  it's a good 💡
newbie
Activity: 5
Merit: 0
Interesting news that Listia will be using Monarch for their Wallet and INK Protocol XNK

https://www.youtube.com/watch?v=DygbeV9OPiQ&t=68s


Sign of future Merchants coming along as Monarch rolls out?   I won't post all my thoughts just yet, need more Due Diligence but of all the merchant integration companies I've been researching this on my short list.
member
Activity: 350
Merit: 10
You write "Protected wallet: users will get a quality wallet to store their secret keys, passwords and money orders to complete their transactions.". But you can not, for example, combine with Trezor? And also, I do not understand how you solved the issue with Fiat?
They will have banking, just like coinbase + a unique patent protected solution (details not fully released yet)
member
Activity: 532
Merit: 10
Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.
Yes, your assumption is correct. One token will be acting as dividends. The profit will be distributed among the dividend token holders according to the proportionality of the amount of tokens they are holding. The value of dividend tokens will be stabilized by the silver reserves platform is going to own. The utility token will provide capital for infrastructure and other internal developments.
Apologize if there are any mistakes, I'm just a newbie who followed up with the whitepaper.

Thanks for the answer. The idea of securing silver assets is quite new and cool. It is interesting, to what level of security do they want to bring the limit? And where is the silver stored physically?

Why freeze money in silver, which can not greatly increase in price, if you can invest in potentially more interesting assets with a convergent level of risk. For example in the real estate
jr. member
Activity: 420
Merit: 7
newbie
Activity: 49
Merit: 0
Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.
Yes, your assumption is correct. One token will be acting as dividends. The profit will be distributed among the dividend token holders according to the proportionality of the amount of tokens they are holding. The value of dividend tokens will be stabilized by the silver reserves platform is going to own. The utility token will provide capital for infrastructure and other internal developments.
Apologize if there are any mistakes, I'm just a newbie who followed up with the whitepaper.
member
Activity: 532
Merit: 10
Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.
newbie
Activity: 182
Merit: 0
MonarchToken has two tokens, one security token, Monarch Security: token (MST) and the second, Monarch Utility token (MT), which functions as a coin token, in one wallet can be multiple coins, interesting enough if one wallet can be multiple tokens.
member
Activity: 350
Merit: 10
Multi-Signature Wallet Leasing idea of Monarchtoken sounds interesting. it’s a patent pending technology that will make cryptocurrencies actually useful
member
Activity: 140
Merit: 18
Now the business world and the financial sector have begun to plan their future investments in technology predominantly. Especially with the introduction of the block chain that we can call the next generation technology, interest has increased even more. The block chain, known as the technology behind the crypto money, has become popular with fast, transparent, economical and high-security security, and the limits of the use of the block chain have begun to expand to cover the entire business world. The use of crypto money has reached hundreds of millions thanks to the globalizing world. Yet there are many reasons behind the investment or use of a small portion of the world's population in the crypto money. In short, we will call the problems in the cryptography sector. At the beginning of these reasons, it is unknown to people how to make crypto deposits, withdrawals and transfers to real currencies. Complex stage structures, long-standing KYC processes, private ciphers, private keys and many other stages of security systems are pushing people. In addition, passwords and keys are extremely easy to steal and disappear. In addition, the rapid ups and downs in the crypto market scare the investor. People who are afraid to lose at any moment are hesitant to invest in the crypto money. A wallet with a wallet and buying sales plug-in that offers regular payments for monthly bills on a special block of chain with a token structure that will be constantly supported by silver, the medieval time favorite silver mine, which explores these problems and finds a solution to the problem. exchange platform. With this very practical, easy-to-use platform, platform users will be able to receive, sell, cryptographically transfer, and switch to real currency. The most important emphasis and motto of this approach is that people are asked to have control over their material realms, that is, crypt money, that is, everyone is their own king or queen. The Monarch platform makes it easy for users to secure access to the Monarch Exchange so that they can securely store multiple passwords, purchase and sell cryptography at the most attractive prices, place payment order for monthly bills, provide alphanumeric addresses e-tax reconciliation forms, crypto news, schedules, and portfolio tracking, as well as the ability to send transactions over usernames instead of spam, free spam transactions. The Monarch platform allows Monarch Merchant Plug-In system to allow sellers to accept crypto currency, communicate directly with the customer and manage subscription services on internet sites. The advantage that the Monarch platform provides to the investor is that 50% of the commercial transaction fees are distributed to the Monarch Security Token owners as a weekly dividend. In addition to all of these, Monarch will be accessible at all app stores, including the Apple Store and Google Play Store. Monarch will also be used on the Desktop, including Windows and MAC operating systems.
member
Activity: 350
Merit: 10
The project has many progressive ideas and new solutions in the field of communications and technology. I was interested in your project. good luck in the implementation of the idea. they are make Revolution.
hero member
Activity: 1008
Merit: 500
Security token - This is a long negotiation process and difficult trading conditions.

I think that next year it will be easier - But for now it's a big problem


if you look at the truth, almost all of the tokens we have are Security, because they imply speculation and getting a certain income from these speculations.


that they are called utility - is just a small attempt to transfer all this into another legal field
sr. member
Activity: 574
Merit: 253
You write "Protected wallet: users will get a quality wallet to store their secret keys, passwords and money orders to complete their transactions.". But you can not, for example, combine with Trezor? And also, I do not understand how you solved the issue with Fiat?
legendary
Activity: 1526
Merit: 1014
Interesting project, I will follow it very closely, but I have a question, what will be done with the unsold tokens? will they burn? will they be blocked?. Thanks!
member
Activity: 462
Merit: 10
Security token - This is a long negotiation process and difficult trading conditions.

I think that next year it will be easier - But for now it's a big problem
full member
Activity: 798
Merit: 102
In some countries banks are not facilitating to buy cryptocurrencies directly linking the accounts. What solutions you have for those countries how they will get access and buy their favorite coins by using this platform?
newbie
Activity: 66
Merit: 0
This gonna be to the moon!
very clear ! i like to promote it!
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