Topic: Monetha (MTH) (Read 2350 times)

Partnership with HODL Finance

Monetha has reached a new partnership agreement with the leading financial services company – HODL Finance.

HODL Finance is a global crypto-backed loans on demand company serving millions of crypto holders. It issues loans, while accepting cryptocurrencies, partner tokens, and other digital assets as collateral. HODL Finance was established by the shareholders of SAVY, a commercially successful P2P lending platform which was founded in 2014 and currently operates in 33 European countries.

https://www.youtube.com/watch?v=DsrMKtcjKGw

https://blog.monetha.io/hodl-finance/

they cheated the whole community ! Download the app and try it.

They promised :

Monetha whitepaper : https://ico.monetha.io/Monetha_WP.pdf

2018 :

Phase​ ​1:​ ​E-commerce​ ​and​ ​first​ ​version​ ​of​ ​the​ ​trust​ ​rating​ ​-​ ​EUR​ ​700k

Goal: develop a fully-functional payment gateway with a user interface for e-commerce merchants and enable them to accept ETH currency while leveraging first version of trust level mechanism. Time: early 2018

Phase​ ​2:​ ​A​ ​full​ ​e-commerce​ ​solution​ ​to​ ​accept​ ​Ethereum-based​ ​tokens​ ​and

exchange​ ​them​ ​to​ ​fiat​ ​currency:​ ​ ​EUR​ ​1.7m Goal: accept not only Ether currency, but also Ethereum-based tokens and enable merchants to exchange Ethereum currencies to fiat currency and transfer funds to their preferred account. Moreover, smart contract wallets, real-time analytics, and dashboards for merchants will be introduced during this stage Time: mid 2018

Phase​ ​3:​ ​A​ ​Monetha​ ​Wallet​ ​for​ ​clients​ ​+​ ​Loyalty​ ​program​ ​+​ ​Significant improvement​ ​of​ ​decentralized​ ​trust​ ​and​ ​reputation​ ​algorithm:​ ​EUR​ ​3.5m

Goal: make a significant step towards a fully working decentralized trust and reputation system: improvement of decentralized trust and reputation algorithm together with Monetha smart contract based mobile wallet for making/solving claims, rating merchants, writing reviews, etc. Review purchase history, see clients’ and merchants’ trust rating, etc. Finally, the loyalty program will be enabled during this stage of development. Time: late 2018

Roadmap on icobazaar : https://icobazaar.com/v2/monetha/roadmap

June 2018 Full e-commerce solution + exchange to FIAT currency. Accept Ethereum tokens, and enable merchants to exchange Ethereum tokens to their local currency and transfer funds to their preferred account. Smart contract wallet, real-time analytics, and a dashboard for merchants.

App is usless and community was cheated .
-There is no marketplace
-You have to find seller on facebook, amazon, craiglist and tell him to download monetha app and give you his phone number + he has to make a new sell offer on monetha app for you.
- no payment
-no fiat
-no wallet

Just download it and you will see, i dont know where money went, Justas said devs are paid over 5k but this...

It is certainly progressing well and you know that times are good when a company start to hire new staff. Lots of vacancies now which means the product launch is almost here and the price will rocket. Good time to get some cheap monetha, already on binance which adds more credibility for the coin

Product Progress Interview/Speaking at Blockchain Conference/Traveling to London | #WeekInReview036
https://www.youtube.com/watch?v=QG3ADE_cX6I

monetha is a success project. i believe monetha will have a good value in the future. and so much more thing that will develop. im so excited with monetha ico and looking foward for all the updates. good luck monetha 

Let's be honest with ourselves here, it can always get lower 

I don't think this can get much lower than .00035 eth.. even with no binance can't decrease too much. Good buy.

Any news or forecast or anythings that Monetha will be doing something to make a token rise a bit in price? Not talking about current blood, but its just one of my worst investments that I would like to get rid off. Fully hyped ICO.. currenlty very quit...

Their sale and presentations were really successful. What they made wrong is that, they sold their tokens to whales WHO will sell for very cheap prices 1-2 weeks after. This was a mistake of the team members.

i heard monetha is the Paypal of the blockchain cool innovation IMO

I've heard a lot of good feedbacks about Monetha and the ICO was successful. This project will have a great impact in the market specially in the crypto world because it will let us spend our ETH directly to the merchant without using third party. It may be a long way journey for Monetha to take over Paypal or to compete with Paypal, but I certainly believe that this will have a place in the online payment system. Great idea with great minds.

What made price drop was a combination of
- wrong ico model which attracted whales (thankfully now they are gone and there's more and more mth holder, getting closer to 10000)
- rumors about team not being there (however seignur even posted on his twitter about his involvment with monetha and duprat has been answeing to tweets)
- big exchanges not accepting mth (however polo and trex haven't been accepting anything at all)

All in all, downside potential is very limited whilst potential immediate gains big.. soon justas will attend the dubai conference, tomorrow there will be big news, and market cap is so low that comparing to other similar projects 2$ by end of year seem to be highly likely.

My 2 cents..


PS for future reference, right now the price is
0.00043 ETH or $0.1245
I bet this is an all time minimum.

It is below ICO price now. However I decided to hold it. Either to the moon either to the hell

I was in Monetha bounty program and they really overhyped in my opinion, I remember buying in on ICO sale when I allready made a transaction which was taking longer than 10 minutes due to heavy long waiting on confirmations and in a few minutes all their tokens were selled and sale was over, well good for them as I buy the tokens at much cheaper price now that they are on exchanges, overhyping is good for nothing !

they allocated 12% for "% of tokens generated to bounty campaign, advisors, partners, ICO campaign costs"

this seems high to you? what is the reasonable amount in your opinion?

Seems like an alt that has everything a new coin could hope for but I just took a quick look at the bounties and it seems a tad on the heavy side. I know I may always overreact on bounty programs but it's just a case of once bitten, twice shy. Other than that, maybe this is just another good coin to buy POST ICO... when bounty hunters crash the sale price.

Who has predictions for this coin. Because I want to buy but do not know whether it is worth it or not?

I didn't get into the ICO and I consider it a blessing, especially since how cheap it is now on exchange.

They should have done a whitelist, a whale with over 50% of tokens is never a good sign.

Great project
Great team
And great road map
I think it have a big future

Latest news is Justas will be a key speaker at the coming Dubai Bitcoin Conference.

This will reach 2$ by end of year for sure judging by current small market cap and what is already there and being done.

i was also thinking it could do more than that. good team ill say

Monetha they have excellent team to develop the project. In just a short time there have been 5 exchanges listed and this is great. I think in October Monetha will have more exchanges and MTH price will increase x10.

I should have sold it and repurchased it twice now. Good project

I fully agree with the speakers above. I think the coin is a very promising project, I just keep a few hundred tokens that I was able to purchase on ico.

MonETHa. They completed the ICO in less than 18 minutes. With a total Hardcap 95000 Ethereum. Very fantastic indeed. Now they are only running for 2 weeks, and I also hold a little Monetha Coin.

totally agree with this, i bet this one will be flying soon. So i decide not sell my MTH holding yet. To think that this coin sold out this ICO in just 18 minutes, which results to 30m USD. Who can ever imagine that thing and think this is not at promising coin to rock the markets yet.

Still above ICO price in ETH but this is probably as low as it will ever be.

I see that MTH @moon in near future
As it will listed on more exchanges wallets

This makes me surprised how the hitbtc can become the 4th biggest exchange in the coinmarket cap and i never think about that, It looks good if the more biggest exchange sites will be added the mth token such as bittrex that was fully with the whales.

THanks for posting up info here. I will have to dig deeper on this one. Definitely a space where one of these is going to take off. Just not sure which one it will be.

All of them including hitbtc, are weak exhchanges, but this is only a beginning for Monetha. I found the project serious, and I also invested in it. I won't trade it and hold it for more platform development. Their team is ridig and good!

Monetha has a legitimate chance to replace online payment system and make it more secured. The team is planning to move to Singapore last time I heard. If Eric Duprat joins Monetha full time they will have a great chance. To succeed.

Today also added on HitBTC, 4th biggest exchange in the world according to CoinMarketCap.
https://coinmarketcap.com/exchanges/volume/24-hour/


As of today, you can trade MTH in the following exchanges:

https://etherdelta.com/#MTH-ETH
https://mercatox.com/exchange/MTH/ETH
https://mercatox.com/exchange/MTH/BTC
https://www.coinexchange.io/market/MTH/BTC
https://www.coinexchange.io/market/MTH/ETH
https://tidex.com/#/exchange/MTH_BTC
https://hitbtc.com/exchange/MTH-to-BTC
https://hitbtc.com/exchange/MTH-to-ETH

I want to joint you bounty program! I think this coin good and strong dev!

I was waiting for bounties holders to liquidate their position so that I could obtain a lower price and increase my position but looks like they are holding..

Yep exactly as you say, the price can last even though bounty has been paid, dev does a good job, the price has exceeded the price of ICO, so there is nothing to worry about, I will wait until the development really runs smoothly

A lot of bounty hunters are learned from the past time about monaco, a lot of them are selling their monaco at the cheap price but it seems just a manipulation to make the bounty hunters are just dump their token for the cheap price. and i can say that was  really un appropriate to short the good token or even dump it.

MTH is really a great project, but the important things will be happening in 2018 I believe.

It looks like a great project to me I am thinking about investing in it.

Monetho is pretty cool but there is way too much competition in this space. I took my profits from ICO, wouldn't want to hold bags forever

I expect next year Monetha to be in the $5 range.
Why? Because market cap will grow exponentially in Q1 2018. If Monetha does follow the roadmap and keeps community happy they will definitely reach a cap of 1-1,5 billion

Have you noticed that their mobile application looks very similar to JAXX application?

Devs say "late September / early October" so there's another couple of weeks.

ICO was just 2 weeks ago btw.

Only question I have is when will they get a real exchange!!  I'm waiting.

no difficult word, if the developer is committed and serious work on his project. maybe the price of mth will be a bit dump, but it will not be destroyed as you say.

Especially now the bounty hunter has received his salary, I am sure the price will be destroyed if mth is not in the bigger market.
It may be very difficult to get into poloniex, bittrex now does not receive new coins for 2 months

Completely agree with you and can't wait to be able to pay with cryptos online.

Besides, MTH is just trading for .0007ish ETH on EtherDelta.. https://etherdelta.com/#MTH-ETH.. low price probably due to bounties being liquidated.

Actually I forgot to add Tidex.com exchange in my main post.
I still go with EtherDelta as it's a DEX and inspire me more trust than small CEXs, but those books refresh so slow..

great news for MTH. I hope this happens because the first time MTH is applied in daily life and we can completely pay with MTH. I hope the upcoming development team will update many good news, especially new exchang.

Summary of Monetha:

1. Competent team
2. Transparent operations & roadmap, founders give weekly reviews of progress
3. Existing MVP and partnerships


>Eric Duprat ex-Paypal General Manager Mobile is part of the team. Duprat built Paypal from a $7M to a $4B payment volume business over 3 years.
>Will be completed early 2018
>Confirmed being added to major exchanges mid september / early october.
>Only available on EtherDelta, Mecratox, Coinexchange which are generally considered unattractive so this coin will be low priced and lowkey until it gets added to the major exchanges and people starting reading into it. Just been listed on Tidex.
>Already has 2 partnerships
>Will offer single step transaction 5 times cheaper than normal and much faster.


Basic run-down:
https://www.youtube.com/watch?v=5L_-pPXngJM

Recent weekly review from team (plus shout-out from their recent partner):
https://www.youtube.com/watch?v=ufogrlnvxHU

Team
>Ex-VP of development at Adform (https://en.wikipedia.org/wiki/Adform)
>Ex-General Manager of Mobile at PayPal
>Ex-VP of Sales/Business Development for Braintree Payments
>Dr. in Computational Trust & Rep. Management, Google Award for Excellent Research. Ex manager at Amazon.
>An ETH Blockchain dev for IBM's blockchain solution


Recent news
>ICO raised $37M in 18 minutes
>Just partnered with Baltic retail group Pigu ($100M turnover)
>Just partnered with European food delivery company Foodout ($30M turnover)
>Just listed on CoinMarketCap
>Confirmed to be listed on major exchanges by end of September
>Chief Product Officer currently being sought
>Minimum Viable Product was released and is working as of May 2017
>Want to develop strategic partnership with Shopify

What they're about
>Easily allow Merchants to accept your Cryptocurrency
>Become the faster, cheaper, smarter PayPal for Crypto
>Imagine websites with a "Pay with Monetha" as well as "Pay with PayPal"
>Give merchants a single-step transaction that's 5x cheaper & x10,000 faster than fiat
>Monetha wants to make it simple: Customer's money, to Merchant's account in 1 step
>Anyone with an Ethereum wallet can leverage Monetha's payment gateway


Partners

Foodout
>$30 million a year in food sales
>Territories and immediate rollout include Ukraine, Belarus, Iran, Latvia, Lithuania, and Estonia
>Users requested a way to pay via crypto enough for them to partner with Monetha
>Surge in crypto in these countries due to economic and political instability.

Pigu Group
>Largest online retailer in the Baltic States
>Includes Lithuanian market Pigu.it , Latvian market 220.lv , and Estonian market kaup24.ee
>Customers have access to over 400,000 products
>10 years old and counting
>Processes ~2 million orders a year
>Turnover forecast for this year is $100,000,000+


Imagine websites with 'Pay with Monetha' button next to the usual 'Pay with Paypal'.
Not only paying in cryptos but also at high speed and low (1.5%) fees.


ICO price was $.16 pre soft cap / $.19 post soft cap.
$37,000,000 were raised in 18 minutes. 10th highest amount of $ raised by an ICO ever.