[ANN] [ICO] MONETHA - Decentralised reputation with built-in payments

[revenant2017]

Sent my ICO contributions about 9 minutes after it opened and went through. Waiting for the confirmations was a bit unnerving but finally went through fine. I'm only small fish (1.7 eth) so I don't think it's true about preventing smaller investors getting in on it. Sadly I think with all the different sites your dependent on (Monthea, MyEtherWallet and then the confirmations on Ethereum) it's just a bit of a lottery. Any one of those things could have gone wrong or delayed me by a few seconds and I wouldn't have been in.

The bloody date of birth being YYYY-MM-DD wasted about 2 minutes of my signup process! Kept putting spaces in the blind panic to register lol

Lucky for you. Mine got rejected because i was late for more than a minute. I use Myetherwallet and started to send most of my ether(5eth to be exact). I checked the current status of the amount received by monetha and i'm not surprise that almost 80% of the coins are already sold and more and more people are trying their best to get in. 

[BitcoinVSfiat]

I don't know which one is worse, sending tokens and get rejected or couldn't even open the site at all.
This is the fastest ICO, I didn't see madness like that before. I hope all investors will have a chance to buy this coin once it launches in an exchange.

[coinz101]

So many people asking so here you go. My personal review of Monetha vs UTRUST

https://www.monetha.io
https://www.utrust.io

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.

It's your first post with this handle and btw named the people that asked for you bias view.  Quoting so you can't later changed/edit your post.  

I'm not new. I read and I see. Now I wrote. And I probably do more money than you sleeping.

[Kakumei]

So many people asking so here you go. My personal review of Monetha vs UTRUST

https://www.monetha.io
https://www.utrust.io

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.

It's your first post with this handle and btw named the people that asked for you bias view.  Quoting so you can't later changed/edit your post.  

I'm not new. I read and I see. Now I wrote. And I probably do more money than you sleeping mate.

[Kakumei]

So many people asking so here you go. My personal review of Monetha vs UTRUST

https://www.monetha.io
https://www.utrust.io

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.

It's your first post with this handle and btw named the people that asked for you bias view.  Quoting so you can't later changed/edit your post.  

I'm not new. I read and I see. Now I wrote. And I do more money sleeping than you awake mate.

[neowne]

are they making another round or raising the hardcap, since it was sold out after a few minutes?

[DGulari]

are they making another round or raising the hardcap, since it was sold out after a few minutes?

No they won't. ICO has ended with 95k ETH raised only in 30 minutes.

[electronicash]

are they making another round or raising the hardcap, since it was sold out after a few minutes?

No they won't. ICO has ended with 95k ETH raised only in 30 minutes.

really huge project, i hope only few people are going to dump the token once it gets listed on an exchNge. this is an eth token so it might just be listed on etherdelta and hitbtc. will indorse be thier little competitor?

[mongkie]

i've heard that we already sold out our token? that was real quick! a big congratulations to the devs!

[Intel 4004]

are they making another round or raising the hardcap, since it was sold out after a few minutes?

No they won't. ICO has ended with 95k ETH raised only in 30 minutes.

18 minutes*

[Atyp]

i'm in difficultes cause i have send ETH but 0 tokens received for the moment ...

And i do the registration after send the ETH ... i have lost my eth

[thangoffshore]

i'm in difficultes cause i have send ETH but 0 tokens received for the moment ...

And i do the registration after send the ETH ... i have lost my eth

You shouldn't have do that. Better to not get in than lost. But who knows, maybe your tokens will show up later.

I didn't expect that ICO would end in such a fast manner. Not able to manage to get in. FML.

[DGulari]

will indorse be thier little competitor?

Might be but ATLANT will be their big competitor

are they making another round or raising the hardcap, since it was sold out after a few minutes?

No they won't. ICO has ended with 95k ETH raised only in 30 minutes.

18 minutes*

Oh man, thanks for corrected my mistake.

[LouisV]

when do you reckon this site is going down for good? my bet is definitely before 2018 and maybe even in october...

[leps]

Congratulations everyone for a successful ICO. Best of luck for us all that got in.

[kabukabu]

Monetha ICO Raised 30 millionUSD in 15 minutes!
One whale ate 50%Tokens
another Child Whale ate 12%Tokens

I'm not sure if that is good happen.

[Bigbobbasher]

Monetha ICO Raised 30 millionUSD in 15 minutes!
One whale ate 50%Tokens
another Child Whale ate 12%Tokens

I'm not sure if that is good happen.

i wasnt quite sure about this project before ico, but 62% going to 2 people definitely is concerning. Best of luck, but i dont think this is going to turn out how people hoped.

[DGulari]

Monetha ICO Raised 30 millionUSD in 15 minutes!
One whale ate 50%Tokens
another Child Whale ate 12%Tokens

I'm not sure if that is good happen.

i wasnt quite sure about this project before ico, but 62% going to 2 people definitely is concerning. Best of luck, but i dont think this is going to turn out how people hoped.

Hmm, who is those 2 whales? 62% owned by them will make a big fluctuation with MNT price as soon as it entered on market

[LuckyBtc]

Congratulations Monetha ICO was successful, Although I couldn't get my hands on MTHs, No worries I'll buy it on exchanger.

[peterlustig]

Congratulations team on successfully completing your ICO. I didn't even get a chance to buy in my share because your ICO ending so quickly.

How long was the ICO active is there any official word?