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Author Topic: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments  (Read 187428 times)
timbereagle
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October 17, 2017, 05:13:08 AM
 #2621

this topic became fudders' paradise. You fudders get a life. There is improvement in Monetha everyday.
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CobraJ
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October 17, 2017, 06:18:45 AM
Last edit: October 17, 2017, 08:22:45 AM by CobraJ
 #2622

Looks like not only Duprat was not in, but also Seigneur now left the team.
If you check his Linkedin you will see "Monetha: did this and did that, 4 months from July until October", which means his involvement just ceased.
And now Seigneur is starting his own coin.
https://globcoin.io/
20 days until ICO starts..
https://twitter.com/jm_seigneur?lang=en
https://linkedin.com/in/jmseigneur

His linkedin states
Current: GLOBCOIN, Réputaction, University of Geneva
Previous: Monetha, Université de Neuchâtel, HES-SO Valais-Wallis

And also..
More recently, I've helped several Initial Coin Offerings (ICOs, also known as token sale or token generating event, TGE) to raise funding, e.g., Monetha that raised around 36 million USD in 18 minutes on August 31st 2017.
Looks like he was involved only in the initial step of the project, which is the fundraising and the development of the trust system.

A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
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October 17, 2017, 08:22:47 AM
 #2623

What kind of comment is that??

Please be serious!

Venga Equipo Monetha!!!
CobraJ
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October 17, 2017, 08:32:38 AM
 #2624

Well if you can disprove it you will do all of us investors a favour.

A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
AdventureCoin
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October 17, 2017, 09:06:32 AM
 #2625

Its sad to see monetha from 0.42$ to 0.08 Sad
With kellog and blockchain summit im sure we will get a pump
As I predicted Binance did not help with the price and believe me that even 20 blockchain summits and Alan Greenspan instead of Kellogg Fairbank will not help Monetha. There is no development, only useless weekly YouTube interviews with former stripper called Justas. Look at their github and you will understand everything !

There is development. But they decides not to publish yet (what one of the monetha admins said)
Binance did not help (yet) because te timing is bad.
But i believe that alot money will flow after btc hardfork
Dude I'm on your side. I know that you and many others invested money in Monetha. I'm just saying what i see from my point of view.

1. Is there a real working office of Monetha somwhere ? and if yes I would like to visit it.
2. Why there is no development on github ?
3. Who are the real developers (The programmers) working with Monetha ? I would like to speak with them.


Awaiting for answers from Monetha team !

Thank You !   

No Development! No Advisor! No WORKING Office !
Scammer here - NO FUD!
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October 17, 2017, 10:23:46 AM
 #2626

While it seems to me that some of the advisors were put there a little prematurely, or they may have left (but again even us in our normal life may decide to change job at any time), this project is far from being a scam.
It just requires a little patience.

If you're really unhappy about it why don't you just sell your coins and move on?? I trust that the ones of us left with faith in the project will pick them up for cheap and enjoy the benefits later.
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October 17, 2017, 10:44:15 AM
 #2627

Looks like bittrex open the window of adding new coins.
hope monetha team contact bittrex for adding it
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October 17, 2017, 11:01:47 AM
 #2628

While it seems to me that some of the advisors were put there a little prematurely, or they may have left (but again even us in our normal life may decide to change job at any time), this project is far from being a scam.
It just requires a little patience.

If you're really unhappy about it why don't you just sell your coins and move on?? I trust that the ones of us left with faith in the project will pick them up for cheap and enjoy the benefits later.


give me my ICO Price and i sell it to you! Else - shut up!
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October 17, 2017, 11:18:49 AM
 #2629

Looks like bittrex open the window of adding new coins.
hope monetha team contact bittrex for adding it
Didn't they always open for adding a new token? As long as the token is qualified and passed their compliance rules, they will listed that token.

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October 17, 2017, 11:25:29 AM
 #2630

Looks like bittrex open the window of adding new coins.
hope monetha team contact bittrex for adding it
Didn't they always open for adding a new token? As long as the token is qualified and passed their compliance rules, they will listed that token.



yes it is, but i still wait for news about bittrex =(
CobraJ
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October 17, 2017, 11:34:05 AM
 #2631

While it seems to me that some of the advisors were put there a little prematurely, or they may have left (but again even us in our normal life may decide to change job at any time), this project is far from being a scam.

It is not a scam, however they have been non transparent in presenting themselves as a team composed by people who wasn't there.
They knew very well that the Team Factor is one of the three main key ingredients of the success of an ICO, and they deliberately made things look better than they were. Not scammers, but neither particularly honest. "Common practice" or not.



A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
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October 17, 2017, 11:56:53 AM
 #2632

Dude I'm on your side. I know that you and many others invested money in Monetha. I'm just saying what i see from my point of view.

1. Is there a real working office of Monetha somwhere ? and if yes I would like to visit it.
2. Why there is no development on github ?
3. Who are the real developers (The programmers) working with Monetha ? I would like to speak with them.


Awaiting for answers from Monetha team !

Thank You !   

Hello bambarmia, thanks for your questions!

1. Yes, we have our headquarter in Vilnius, Lithuania. If you are in Vilnius, lets get in touch and we can discuss the options.
2. Monetha team decided to not publish more code of our development for now, because it includes confidential information.
3. You can find our team members in our website (www.monetha.io), where you can find the LinkedIn pages of our developers. If you want to speak with our developers personally, we recommend you to reach out to our CTO Andrej, who is responsible for development and he will answer all questions.

By the way, we will have Q&A with our Co-Founder Justas and CTO Andrej this week, so follow us on Social Media in order to hear the time of the Q&A!

Regards,
Monetha Team

▬▬▬▬▬▬ MONETHADecentralised Trust and Reputation with Built-In PaymentsMONETHA ▬▬▬▬▬▬
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October 17, 2017, 12:14:03 PM
 #2633

Looks like not only Duprat was not in, but also Seigneur now left the team.
If you check his Linkedin you will see "Monetha: did this and did that, 4 months from July until October", which means his involvement just ceased.
And now Seigneur is starting his own coin.
https://globcoin.io/
20 days until ICO starts..
https://twitter.com/jm_seigneur?lang=en
https://linkedin.com/in/jmseigneur

His linkedin states
Current: GLOBCOIN, Réputaction, University of Geneva
Previous: Monetha, Université de Neuchâtel, HES-SO Valais-Wallis

And also..
More recently, I've helped several Initial Coin Offerings (ICOs, also known as token sale or token generating event, TGE) to raise funding, e.g., Monetha that raised around 36 million USD in 18 minutes on August 31st 2017.
Looks like he was involved only in the initial step of the project, which is the fundraising and the development of the trust system.

Hello CobraJ, thanks for your comment.

We appreciate and respect Jean-Marc efforts before and after the ICO, and we want to thank him for the extensive help. After starting to work on the trust and reputation model, we realized that we don’t need people who are leaning towards theoretical skills, rather we need experienced individuals from physics or mathematics fields that would help us to develop the mathematical model of DTRS with a practical approach.

Regards,
Monetha Team

▬▬▬▬▬▬ MONETHADecentralised Trust and Reputation with Built-In PaymentsMONETHA ▬▬▬▬▬▬
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October 17, 2017, 12:27:34 PM
 #2634

Hi What difference between monetha and utrust?

Hello tuananhnguyenua, thanks for your question!

First of all, Monetha payments will work flawlessly together with decentralised trust and reputation system. By the way, our rating and reviews system can be transferred from one ecommerce platform to another one.
Second, we will accept not only Ethereum, our aim is to accept majority of ethereum-based tokens.
Third, there are loyalty program for our customers, who are using Monetha system.
Fourth, there is incentive program for the MTH token holders. Everyone who is holding MTH tokens can claim ​​for​ ​a ​​voucher proportionately ​​to ​​the ​​amount ​of ​​MTH ​​tokens​ ​that ​​they ​​hold.

As far as our payment protection goes, there are four aspects that we plan to implement:
A: There will be a chargeback pool in case of emergency issues, so that we can issue a refund to the buyer.
B: Every merchant will be registered with us as a legal entity. In case of any fraudulent activities - we will have all the details of the company, and will be able to take legal action if need be.
C: That’s where DTRS comes to help - if a merchant has been in business for couple of years, trying to gain his reputation, it simply wouldn’t make sense for him to lose the large amount of positive reviews to save money by not issueing a refund.
D : We’re preparing for this by prototyping and strategising an inclusion of an algorithm that would recognise and red flag an unusual behaviour from the merchant and the client. The solution might pivot as we will collect a significant amount of real data, because we need real data to be able to find the best solution to prevent scammers.

Regards,
Monetha Team

▬▬▬▬▬▬ MONETHADecentralised Trust and Reputation with Built-In PaymentsMONETHA ▬▬▬▬▬▬
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October 17, 2017, 12:41:31 PM
 #2635

Hello monetha.io

Can you tell me more about upcoming blockchain summit ?
And will you announce new things ?

EDIT: and when is the Q&A with eric duprat ?
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October 17, 2017, 12:52:44 PM
 #2636

Hi What difference between monetha and utrust?

Hello tuananhnguyenua, thanks for your question!

First of all, Monetha payments will work flawlessly together with decentralised trust and reputation system. By the way, our rating and reviews system can be transferred from one ecommerce platform to another one.
Second, we will accept not only Ethereum, our aim is to accept majority of ethereum-based tokens.
Third, there are loyalty program for our customers, who are using Monetha system.
Fourth, there is incentive program for the MTH token holders. Everyone who is holding MTH tokens can claim ​​for​ ​a ​​voucher proportionately ​​to ​​the ​​amount ​of ​​MTH ​​tokens​ ​that ​​they ​​hold.

As far as our payment protection goes, there are four aspects that we plan to implement:
A: There will be a chargeback pool in case of emergency issues, so that we can issue a refund to the buyer.
B: Every merchant will be registered with us as a legal entity. In case of any fraudulent activities - we will have all the details of the company, and will be able to take legal action if need be.
C: That’s where DTRS comes to help - if a merchant has been in business for couple of years, trying to gain his reputation, it simply wouldn’t make sense for him to lose the large amount of positive reviews to save money by not issueing a refund.
D : We’re preparing for this by prototyping and strategising an inclusion of an algorithm that would recognise and red flag an unusual behaviour from the merchant and the client. The solution might pivot as we will collect a significant amount of real data, because we need real data to be able to find the best solution to prevent scammers.

Regards,
Monetha Team

How is the value of eth or the tokens determined? Is it a Bancor like system? Do you use a specific Exchange? This is the most important question nobody seems to be able to answer. By nobody I mean not a single (semi) competitor or debit card distributor
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October 17, 2017, 01:13:09 PM
 #2637


How is the value of eth or the tokens determined? Is it a Bancor like system? Do you use a specific Exchange? This is the most important question nobody seems to be able to answer. By nobody I mean not a single (semi) competitor or debit card distributor

Hello corleto, thanks for your question.

Our token price is determined by supply and demand, as with majority of other tokens. We are listed in exchanges which you can find here: https://coinmarketcap.com/currencies/monetha/#markets

Regards,
Monetha Team

Hello monetha.io

Can you tell me more about upcoming blockchain summit ?
And will you announce new things ?

EDIT: and when is the Q&A with eric duprat ?

Hello Atiilaa, thanks for your questions.

We recommend you to follow our Social Media and stay patient - you have to understand that we don't want to publish news before they actually happen. Any updates will be announced on all of our major communication channels.

As for the blockchain summit, Our Co-Founder Justas Pikelis is going to talk about Blockchain industry and the impact of mobile payments in e-commerce. Not to mention that he will make a presentation about Monetha, as well as clarifying any questions about our product or strategy. The audience of this conference will be professionals from industries that are interested in Blockchain. These people are usually looking to expand their knowledge as well as their connection circle. During this conference, Justas will have many meetings to build potential partnership or raise our brand awareness. The main goal is to represent our product to the world. We want to emphasize our advantages in ecommerce industry: faster payments, lower fees, decentralized trust and reputation system and safe transfers.

Regards,
Monetha Team

▬▬▬▬▬▬ MONETHADecentralised Trust and Reputation with Built-In PaymentsMONETHA ▬▬▬▬▬▬
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October 17, 2017, 01:29:11 PM
 #2638


I can see the price is much cheaper than the ICO price on the binance,com, I want to know why the price is so low, anyone can tell me? I want to buy some undervalued coins.


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October 17, 2017, 01:51:21 PM
 #2639

I want to buy some undervalued coins.
Really ? All of us want to buy some undervalued coins !  Grin
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October 17, 2017, 02:27:57 PM
 #2640

i hope bittrex is coming soon
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