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Introduction
Where our normal money is struggling to stay healthy, cryptocurrency projects show that they are able to correct the errors and pitfalls of ordinary money and to develop a healthy money system.
This new money system, also called digital money has a healthy economy.
The economy for digital currencies has grown exponentially in the past two years and Digital Currency (Cryptocurrencies) have emerged as the latest brave market in the trading world. This has led us to a modern way of investment with new, safe and transparent technology (Blockchain).
And this technology (blockchain) also makes the digital money (currency) function. No more central parties needed for the money to function. Blockchain makes Digital money (cryptocurrencies) decentralized.
MoneyByte blockchain technology revolutionizes this new era of digital money and digital investment by aligning economic incentives in a decentralized community!
What is MoneyByte
MoneyByte is NextGen digital money backed with its own blockchain. The MoneyByte blockchain is a decentralized blockchain powered by Proof of Stake and Masternodes.
MoneyByte is co-owned by the 2 administors: Willem de Boer (Holland) and Pete Newland (England). They are assisted by a team of professionals. Developers, technicals and marketing. You can meet the full team at https://www.moneybyte.org/our-team/
MoneyByte Investing
MoneyByte has its own financial investment tools. From stock markets to crypto markets, we have multiple financial options for all investors. Investing was never this easy! https://investing.moneybyte.org/
Our Vision and Mission
We see our current monetary system malfunctioning, hence why we believe in the alternative monetary system. The system of digital money, cryptocurrencies.
Our vision is that this new system, this digital money, will fill the gap that is created by the malfunctioning of the monetary system.
Our mission is to let MoneyBytes jump into that gap and our two main goals within this mission are:
1. To position MoneyByte as a widely used digital payment method
2. Position MoneyByte as a digital investment vehicle.
MoneyByte Blockchain
In the blockchain and cryptocurrency industry we want to become one of the most important providers in order to ultimately achieve our main goals (digital payment and digital investing)!
Our blockchain technology allows our coin to be used as very fast transaction and payments facilitator. MoneyByte blockchain creates larger transaction capacity with a faster speed than other cryptocurrencies (for example Bitcoin or Litecoin). Also our blockchain delivers much lower transaction fees.
Although the main goals of MoneyByte are payments and investings, our blockchain technology has the possibility for store of value. Store of value requires fungibility, security, privacy, efficiency, low inflation and decentralization. And the MoneyByte blockchain delivers those.
The MoneyByte COIN
◆ Features: Instant Send, privacy and masternode support
◆ Pre-mine 5 million, no ICO
◆ Premine: used for swapping BitcoinMonster into MoneyByte. BitcoinMonster supply during swap was 5 million, so all 5 million of pre-mine is used for the swap! All coins are distributed!
After quote: BitcoinMonster was the former blockchain of our team, which was replaced with the MoneyByte blockchain.
Distribution
The maximum supply of MoneyByte coins will be 32220000 MON. These coins will be mined through PoS mining (Proof of Stake) and through Masternodes. Every block in the blockchain mined , contains 2.3 MON of rewards, distributed over PoS (30%) and Masternodes (70%).
With an average of 60 seconds per block, we will generate 1440 blocks each day, meaning 3312 coins will be distributed on the network each day in the first 2 years.
All MoneyByte coins will be distributed in a time lapse of 42.5 years (ending april 2061). When all MoneyByte coins will be distributed then fees for staking will be the rewards to divide.
Our block/distribution roadmap:
| block reward | | Block begin nr | | Block end nr. | | Total coins distributed at block end | | Expected date block end |
| x | 0 | 1 | 5.000.000 | september 2019 |
| x | 2 | 50000 | 5.150.000 | october 2019 |
| 2.3 | 50000 | 1101200 | 7.567.760 | october 2021 |
| 2.1 | 1101201 | 2152400 | 9.775.280 | october 2023 |
| 1.9 | 2152401 | 3203600 | 11.772.560 | october 2025 |
| 1.7 | 3203601 | 4254800 | 13.559.600 | october 2027 |
| 1.5 | 4254801 | 5306000 | 15.136.400 | october 2029 |
| 1.3 | 5306001 | 6357200 | 16.502.960 | october 2031 |
| 1.1 | 6357201 | 7408400 | 17.659.280 | october 2033 |
| 1 | 7408401 | 21969120 | 32.220.000 | april 2061 |
INVESTMENTS
Unique Investment Models
Think of MoneyByte as a universal currency. Masternodes and PoS are by far the most popular crypto feature to produce a passive income.
MoneyByte will build up a portfolio of different Masternodes and PoS pools. The uniqueness comes from the fact that only MON will be used to access these rewards.
HEDGED POOLS
https://investing.moneybyte.org/hedged-masternodes/
STAKING (POS) COIN WALLETS
https://investing.moneybyte.org/pos-staking/
MoneyByte Proof of Staking Service
Moneybyte Staking Service enables you to stake coins without keeping your wallet open 24 hours a day.
No fees are deducted from your deposit or staking rewards.
The only fee is a membership fee of 100 MON (roughly $5) per year, paid with your first wallet request.
This will enable you to stake in as many coins as you like on our Platform
You will be sent a wallet address within 24 hours to send your selected coins to.
Withdraws we be process within 24 Hours from request
AltBet Coin (ABET)
Apollon Network (XAP)
Audax Coin (AUDAX)
Bamboo Coin (BOO)
Beacon (BECN)
Birake (BIR)
BitBlocks (BBK)
BitCore (BTX)
BitCorn Coin (CORN)
BitGreen (BITG)
BitRadio (BRO)
Blastx(BSTX)
Cowry (COW)
CryptoFlow (CFL)
Curium Coin (CRU)
Denarius (D)
Deviant (DEV)
Dextro (DXO)
DogeCash (DOGEC)
Dravite Coin (DRV)
NestEgg (EGG)
EtherGem (EGEM)
ESBC Coin (ESBC)
Ether-1 (ETHO)
Gauntlet (GAU)
GoByte (GBX)
Historia (HTA)
Help The Homeless (HTH)
IQ Cash (IQ)
Innova (INN)
Kalkulus (KLKS)
Know Your Developer (KYDC)
LuxCore (LUX)
Mobile Crypto Pay Coin (MCPC)
Merge (MERGE)
MoneyByte (MON)
Neutron (NTRN)
Northern (NORT)
Pirate (PIRATE)
PYRK (PYRK)
ReeCore (REEX)
SafeInsure (SINS)
SwampCoin (SWAMP)
TENT (TENT)
Touriva (TOUR)
TrumpCoin (TRUMP)
Bitcoin Inconito (XBI)
XDNA Coin (XDNA)
XGalaxy (XGCS)
XUEZ (XUEZ)
ZCore (ZCR)
ZEL (ZEL)
Horizon (ZEN)
ZEON Coin (ZEON)
Zoomy (ZMY)
EXCHANGES
MoneyByte can be traded on several exchanges with several pairs:
BTC PAIRS
GravieX (BTC)
SouthXchange (BTC)
TradeCX (BTC)
Unnamed Exchange (BTC)
NLexch (BTC)
Zeon Exchange (BTC)
Nortexchange (BTC)
Bastion Exchange (BTC)
iHost Buy&Sell (BTC)
DOGE PAIRS
TradeCX (DOGE)
Unnamed Exchange (DOGE)
NLexch (DOGE)
ETH PAIRS
NLexch (ETH)
Unnamed Exchange (ETH)
Bastion Exchange (ETH)
LTC PAIRS
Unnamed Exchange (LTC)
Zeon Exchange (LTC)
NLexch (LTC)
SouthXchange (LTC)
OTHER PAIRS
Unnamed Exchange (uTip)
NLexch (XRP)
NLexch (USDT)
NLexch (BCH)
Bastion Exchange (BWK)
Disclaimer
This announcement is currently considered a draft, and while we make every effort to ensure that any material herein is accurate and up to date, it may not be exhaustive. It contains forward-looking statements and is likely subject to further changes without notice.
Moneybyte is not intended to constitute securities in any jurisdiction, and you may not acquire any if that conflicts with any laws in the jurisdiction or you are subject. This document is not meant as investment advice, and does not imply any elements of a contractual relationship. If you are in doubt please ask a professional legal advice.
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