Author

Topic: Monetha - payment solution for merchants that enables globally trustful commerce (Read 445 times)

member
Activity: 224
Merit: 36
ch4534ch3ckn3v3rch453481tch
"Team members include former PayPal, Amazon and eBay team members."

This alone makes MTH a great gem right now at just 1.5 ICO price (but within top 50 market volume on coinmarketcap already).
sr. member
Activity: 284
Merit: 250
Yup, we've done a whole review about Monetha right here: https://bitsify.net/ico-list/monetha-ico-report-exploring-decentralized-payment-gateway/

It's good to get a good understanding of the project before you invest!
legendary
Activity: 1344
Merit: 1001
Upcomming ICO is upon us...
I have just found this project -> http://www.monetha.io/

Guy in tight sweater in their video looks like Captain America but the whole project seems to be quite interesting, and recalls me something from the past (I think about Bitmark) - "just" tokenized and on Ethereum.

They claim to be Decentralised trust and reputation payment system.

Important info from their FAQ:

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Does your coin have any other functions besides investing?
Yes. Not only do token holders have a right to a share of profits, but MTH tokens also provide an incentive to use the network, because they will be rewarded to people making payments via Monetha. Monetha will charge a 1.5% transaction fee to merchants. Of that, 0.5% will go to a smart contract for ICO investors and the other 1% will go the company as revenues. Traditional payment gateways take approximately 0.25% + 0.1 from the total fee as their revenue. This 0.25% + 0.1 is a mark up fee to the interchange rates. We are giving our ICO investors almost double the rate that average global payment gateway takes per transaction as their revenue. Loyalty program: In order to encourage a networks effect and create an ecosystem for the Monetha token, we are going to introduce a loyalty program for clients. Every purchase made via the Monetha payment system will reward the client with 0.2% of the value of the transaction in Monetha tokens from the Monetha loyalty pool.
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