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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][ICO][TENOM] MONET Network Token Sale Announce on: July 04, 2019, 10:20:36 AM
MONET is a public network architecture for mobile blockchains on demand. Based on a powerful consensus system Babble, with ad hoc blockchains MONET can process thousands of transactions per second with near instant finality.

Problems we are solving:
  • Centralization of the P2P economy
  • Slowness of the distributed networks
  • Adaptation to mobiles

Video about MONET

The Key Components of MONET architecture are:

  • Multiple ephemeral blockchains dynamically formed by users with their mobile devices;
  • Inter-Blockchain Communication, enabling these blockchains to speak to one another;
  • MONET Hub - an always on network that provides optional infrastructure services to the first applications and ad hoc blockchains

More about MONET ecosystem you can find in our article.

Currently we have the next products:

  • Babble - is an open-source software system for developers who want to build peer-to-peer (p2p) applications;
  • EVM Lite - MONET Interface compatible with Ethereum and other blockchains;
  • Chatterbox is a demo app which uses the Babble Mobile library to enable multiple mobile devices to chat without a centralized server;
  • Tenom is required at the point when there is a need to persist the blockchain information, and to save the proof of actions on another network;

MONET Network Token Sale Announce

In order to continue developing an open-source infrastructure for peer-to-peer mobile applications and distribute TENOM tokens among our community members we are organizing TENOM Token Sale.

Main terms and conditions

Timing:

The sale will be conducted in two phases:
  • Presale will begin on July 15th and finish 31 of July, 2019
  • Public Sale will start 16 of September and finish 27 of September, 2019

Token Price and Supply

  • Implied MONET valuation: CHF 14,285,714
  • Price per token: CHF 1.54
  • Currencies accepted: ETH - FIAT
  • Total token supply: 10 000 000 TENOM

TENOM Distribution:

  • Presale: 30%
  • Public sale: 40%
  • Team: 10% (Founders / Core team)
  • Advisors and partnerships: 5%
  • Foundation*: 15% (* Foundation tokens: MONET reserves the right to distribute the portion of the tokens in foundation via the Public sale that may take place immediately preceding the Monet Hub launch)

Token Lockups:

  • TENOM sale participants lockups: tokens become transferable after the MONET Hub launch
  • Core team lockups: two year proportionate monthly token release

The last Token sale updates you can find on our official site: https://monet.network/token_sale.html

TENOM Economy

TENOM is a token, native to MONET ecosystem. TENOM has the following functionality:

1. As a means of transacting on ad hoc blockchains and MONET Hub (including accessing of Smart Contracts, saving a log of transactions on MONET Hub, and connecting ad hoc blockchains to one another via Inter-Blockchain Communication);
2. As a reward to validators for securing MONET Hub (both block reward and transaction fees are paid in tenom);
3. As a stake to deposit as collateral in order to participate in MONET Hub governance and to determine the weight of an individual validator decisions in the voting.

All information about TENOM you can find in our blog article.

Bounties, Rewards, Airdrops:

  • We have alive Bounty program for developers  
  • Contest among participants in our Telegram channel, where everyone has an opportunity to get 30 TENOM(apr. $46)-100 TENOM (apr.154$) for active participation in the Telegram channel.  Learn more for details.
  • Join our Telegram channel in order to receive information about upcoming bounties, potential airdrops, contests among our community members.

FAQ:

Is MONET a new blockchain/protocol?

MONET is a new public network independent of other blockchains. It is comprised of multiple ad hoc blockchains created by users.

Is MONET related to Ethereum, Bitcoin and other blockchains?

MONET is not directly related to Ethereum, Bitcoin or any other blockchain. However, thanks to Babble’s simple blockchain design and the Hub’s use of the Ethereum Virtual Machine, bridges can be established with other platforms via inter-blockchain communication protocols.

What are the potential uses of MONET?

MONET captures the inherently localised nature of the sharing economy by allowing the formation of confined networks where only interested participants are connected. Any application can be built on this model: transportation, delivery, housing, space rental, personal services, professional services, networking, learning, custom goods transactions, pre-owned goods and others. The very nature of blockchain, an immutable ordered list of transactions, is particularly relevant for financial applications: p2p lending, payments, bill sharing, etc. MONET could also be used to build p2p multiplayer games without having to reinvent the wheel.

Is it an open source project?

Yes, MONET  is an open source project. You can view more details on our GitHub: https://github.com/mosaicnetworks

Do you have reviews of your project?

Yes, you can  find many MONET reviews on the Internet. Some of them are:  Cryptobriefing Review (Andre Cronje), blog CyberFund, David Pakman Show.

Where can I get information about the Team?

You can find all the information on this page: https://www.mosaicnetworks.io/team.html

I have more questions
In case you have other questions, feel free to ask them on our Telegram channel

Useful Links:
Website:  https://monet.network/
About team: https://www.mosaicnetworks.io/team.html
WhitePaper  —  http://[Suspicious link removed]/monet-whitepaper
Token Sale details: https://monet.network/token_sale.html  
Medium Blog  —  https://medium.com/@monet.network  
Github  —  https://github.com/mosaicnetworks

Social Networks:
Facebook  — https://www.facebook.com/MonetNetwork  
Reddit  —  https://www.reddit.com/r/Monet_Network/
Twitter  — https://twitter.com/MonetNetwork
Telegram  - https://t.me/MonetNetwork

Articles:

Introducing MONET
Dissecting MONET Use Cases: User-Centric Application for P2P Ride Sharing
Babble Consensus. A High Level Overview
MONET Ecosystem: Architecture for Ad Hoc Mobile Blockchains
The Complete guide to TENOM token

We invite the members of bitcointalk community to join us and help develop truly decentralized light-weight blockchains. Awaiting your questions!
2  Alternate cryptocurrencies / Bounties (Altcoins) / [ANN] [BOUNTY] MONET - Open Source Solution for Mobile Blockchains on: August 20, 2018, 02:53:14 PM
MONET Official Bounty Campaign Thread

MONET will allocate up to 0.5% from our overall token supply (5 000 000 bounty tokens) to the bounty program participants.
The Bounty Campaign is already started and it will last till the end of the public Token Sale. Since the precise dates and format of the Token Sale are not yet determined, bounty rewards will be allocated on a rolling basis. We will start announcing the rewards to the first participants upon the completion of the pre-sale phase (fall 2018) and will continually do so on a rolling basis until the launch of the mainnet. We will still welcome active participation of community members once the network is launched. Half of the annual emission of the network will go towards rewarding the people who are committed to building MONET ecosystem with us. We will announce more details on that later.

All the rewards will be defined on the ad hoc basis within each category. We will do our best to reward quality work and good effort.Please note the breakdown of rewards:

  • Unsatisfactory quality (copied materials, shallow analysis, misstatements) — no rewards
  • Satisfactory quality — TENOM tokens up to $50 in value or the ETH equivalent of it.*
  • Good quality — TENOM tokens up to $250 in value or the ETH equivalent of it.
  • Great quality — TENOM tokens up to $500 in value or the ETH equivalent of it.
  • All star quality (deep analysis, insightful conclusions, creative interpretations) — sky is the limit. The reward amount will be decided by the Team on a case-by-case basis.

*ETH rewards are payable right after the end of the private sale, token rewards are payable upon the completion of the public crowdsale and the launch of the mainnet. It’s up to the participant to decide which way to go with the payment.

From this day forward we want to concentrate our efforts on technical development of the MONET ecosystem, so we stop receiving works such as general reviews, articles, graphics, etc). We continue accept works that are related to the technical development of the project: deep technical reviews and analytics of the project, explanation of the code, technical evaluation of the roadmap and so on. Please check the article to get more info about our Dev Bounty!

Code Bounty

Code campaign involves both building new solutions using MONET, as well as finding bugs in the existing code.

We will allocate up to 40% of the entire bounty pool to contributors into development of MONET code. The detailed roadmap with highlighted areas of potential contribution can be found here. These are the examples we will award the Code bounty to:

Bug Bounty:

  • Finding and offering resolutions to bugs in the code
  • Identifying security issues and vulnerabilities
  • Conducting code audits

Developer Bounty

  • Building various DApps to manage the network (explorer, etc.)
  • Building DApps that demonstrate applicability of Babble
  • Proposing and developing integration cases

Bounty participants will have an opportunity to work directly with the team members; discussing, reviewing and building out ideas on top of the MONET Ecosystem.

To participate in this bounty, contribute to our github and SUBMIT THE INFORMATION about your participation HERE.

Rules and Permissions

Participation in the Bounty program is permissionless; anyone can submit their inputs and we will evaluate them based on their merit.

Every bounty participant must be in the Telegram group in order to participate. Unallocated tokens will be retained for development of the ecosystem, creation of partnerships and further motivation of the community.

Note that the citizens, residents, or entities of the USA, Japan and China cannot participate in the program due to the regulatory reasons. We cannot guarantee that changes in regulatory environment would not exclude the persons of other countries from participation.

Join our Telegram chat to ask any questions!
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