Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: pabloangello on July 08, 2017, 08:41:25 PM



Title: Monetha - payment solution for merchants that enables globally trustful commerce
Post by: pabloangello on July 08, 2017, 08:41:25 PM
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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Title: Re: Monetha - payment solution for merchants that enables globally trustful commerce
Post by: BitsifyOfficial on August 16, 2017, 09:46:56 PM
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!


Title: Re: Monetha - payment solution for merchants that enables globally trustful commerce
Post by: CobraJ on September 09, 2017, 04:01:56 AM
"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).