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

[rajatjain]

How come MTH went too low? Did some whales bough it with very low price (or for FREE)?

I think Monetha was overhyped. That's the reason for the steady downtrend of MTH tokens.  The team hasn't been able to walk the talk ever since.  Glad I sold my holdings when I did.

I completely agree.  They did a great job as markerters by connecting with media / PR, branding, videos, advisory announcements, etc.

But those who didn't examine closely missed that they had delays in commitments around bounty information, no information on max caps or ICO details, a proof of concept (not live MVP), no technical team, etc.

Investors needed more execution / results and less marketing...  ie. More action and less talk

I agree with some part of your statement. Not having a cfo did hurt them and especially when they told that they are looking for it and spent the most time in conferences. However, i just think people's were expecting for the hype to deliver too soon and that is not how software development process works. In well established dev firms it takes upto 6 to 12 months to deliver a product and with agile methodology you can somehow see the sprints in action.
When its a startup like monetha you need to change multiple things back and forth, work with , the resources you have, work on weekends and ensure no one is overburdened with the work. I believe we can start to question monetha in Q2 since that is the time they should be really coming ahead with their product and giving the investors the moon they deserve.

[Coinve.st]

How come MTH went too low? Did some whales bough it with very low price (or for FREE)?

I think Monetha was overhyped. That's the reason for the steady downtrend of MTH tokens.  The team hasn't been able to walk the talk ever since.  Glad I sold my holdings when I did.

I completely agree.  They did a great job as markerters by connecting with media / PR, branding, videos, advisory announcements, etc.

But those who didn't examine closely missed that they had delays in commitments around bounty information, no information on max caps or ICO details, a proof of concept (not live MVP), no technical team, etc.

Investors needed more execution / results and less marketing...  ie. More action and less talk

I agree with some part of your statement. Not having a cfo did hurt them and especially when they told that they are looking for it and spent the most time in conferences. However, i just think people's were expecting for the hype to deliver too soon and that is not how software development process works. In well established dev firms it takes upto 6 to 12 months to deliver a product and with agile methodology you can somehow see the sprints in action.
When its a startup like monetha you need to change multiple things back and forth, work with , the resources you have, work on weekends and ensure no one is overburdened with the work. I believe we can start to question monetha in Q2 since that is the time they should be really coming ahead with their product and giving the investors the moon they deserve.

I'm in software development so I understand and agree with your assessment in some regards.  But at the same time, I understand how much is required in building a real MVP and acquiring customers.  There's no way a company of this stage and limited progress should have been given $37M.

[rajatjain]

How come MTH went too low? Did some whales bough it with very low price (or for FREE)?

I think Monetha was overhyped. That's the reason for the steady downtrend of MTH tokens.  The team hasn't been able to walk the talk ever since.  Glad I sold my holdings when I did.

I completely agree.  They did a great job as markerters by connecting with media / PR, branding, videos, advisory announcements, etc.

But those who didn't examine closely missed that they had delays in commitments around bounty information, no information on max caps or ICO details, a proof of concept (not live MVP), no technical team, etc.

Investors needed more execution / results and less marketing...  ie. More action and less talk

I agree with some part of your statement. Not having a cfo did hurt them and especially when they told that they are looking for it and spent the most time in conferences. However, i just think people's were expecting for the hype to deliver too soon and that is not how software development process works. In well established dev firms it takes upto 6 to 12 months to deliver a product and with agile methodology you can somehow see the sprints in action.
When its a startup like monetha you need to change multiple things back and forth, work with , the resources you have, work on weekends and ensure no one is overburdened with the work. I believe we can start to question monetha in Q2 since that is the time they should be really coming ahead with their product and giving the investors the moon they deserve.

I'm in software development so I understand and agree with your assessment in some regards.  But at the same time, I understand how much is required in building a real MVP and acquiring customers.  There's no way a company of this stage and limited progress should have been given $37M.

Monetha has done a great job in acquiring some good people with kellogg fairbanks and eric druprat. The money they are burning in sponsoring is what bothers me a little and i know they have their own reasons. When you arr a startup you try to spend everything for a kickass product and then the marketing behind it. Like the ico phase monetha would have benefitted from such approach.

[Cymatoxa]

And what you doing before that? What had you not team has been assembled to ICO?

[shogun47]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

The investors' confidence suffered in general a lot of from this pump and dump BTC Cash stuff. It's really hard to judge the market at all right because it's completely unpredictable. Even more important that projects like MTH stick to their plans and deliver as promised.

[gnomas]

It seems that everyone joined the hype around Monetha and somehow expected a miracle and continuous token price rise after ICO Crowdsale. However Monetha ICO  Timeline clearly states that first e-commerce payment gateway solution coming in early 2018. If they will not be able to provide that product at promised time then I will be concerned. But if they will deliver that product then coin price will rise very fast.     

[Eflatun]

0.00001200  MTH/BTC is collecting power around. You should wait for the increase.

[alan2here]

Calm down and buy a lot of MTH because I am sure this project will have many updates in the future and in my country they are talking about MTH a lot, if it is pumped in the future I will keep MTH to the end 2017

[Poblano]

Adding a great developer!!  The team is taking very good decisions...  Great times will come for Monetha investors at end 2017-early 2018.

[CryptoGorilla]

Calm down and buy a lot of MTH because I am sure this project will have many updates in the future and in my country they are talking about MTH a lot, if it is pumped in the future I will keep MTH to the end 2017

What do you mean? Are they in the news in Lithuania?

[Tyr808]

Good to see a new experienced programmer joining Monetha.
I was waiting for the price to go lower than this but with the segwit 2x cancelled it might not drop anymore.. I'll wait just for some more couple of sats until this bitcoin vs bitcoin cash matter (which seem to suck money out of alts) will finish.

[mehar_gee]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

yes i am seeing that confidence of investor are rebuilding and they start to take interest in monetha
i am also very positive about this project now
few days ago it looks like monetha are going to die but its not
i think it is just a start and monetha will hire some good and active staff to work on this project
i hope in the end of 2018 monetha team will make monetha project and their team solid and then price value will be skyrocket in the market

[CobraJ]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

yes i am seeing that confidence of investor are rebuilding and they start to take interest in monetha
i am also very positive about this project now
few days ago it looks like monetha are going to die but its not
i think it is just a start and monetha will hire some good and active staff to work on this project
i hope in the end of 2018 monetha team will make monetha project and their team solid and then price value will be skyrocket in the market

True; the recent price drop seems to be due to this bitcoin cash shitstorm.
Monetha has been quite unlucky in terms of timing - China FUD first, then bitcoin forks and now this.
Now let's see what the future will bring.
Team, I look forward for a Q&A interview with Koniajev.

[nexus2k14]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

yes i am seeing that confidence of investor are rebuilding and they start to take interest in monetha
i am also very positive about this project now
few days ago it looks like monetha are going to die but its not
i think it is just a start and monetha will hire some good and active staff to work on this project
i hope in the end of 2018 monetha team will make monetha project and their team solid and then price value will be skyrocket in the market

True; the recent price drop seems to be due to this bitcoin cash shitstorm.
Monetha has been quite unlucky in terms of timing - China FUD first, then bitcoin forks and now this.
Now let's see what the future will bring.
Team, I look forward for a Q&A interview with Koniajev.

I had to say you are right about the timing, worst possible when Monetha had ICO ethereum was expensive, then all this bad news that impact price. But still, I follow few ICO's and only monetha is that low below ICO price, no other project dive that bad in value. I am really happy I decided not buy more MTH until the first milestone is complete, and focus more on other good projects in the meantime. Diversity is a must in ICO and so far investing in BTC could be a lot better.

[Coinve.st]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

yes i am seeing that confidence of investor are rebuilding and they start to take interest in monetha
i am also very positive about this project now
few days ago it looks like monetha are going to die but its not
i think it is just a start and monetha will hire some good and active staff to work on this project
i hope in the end of 2018 monetha team will make monetha project and their team solid and then price value will be skyrocket in the market

True; the recent price drop seems to be due to this bitcoin cash shitstorm.
Monetha has been quite unlucky in terms of timing - China FUD first, then bitcoin forks and now this.
Now let's see what the future will bring.
Team, I look forward for a Q&A interview with Koniajev.

People that think that the huge price declines have been contributed to rebalancing to BTC or BCH are fooling themselves. MTH was dropping before this started due to lack of development progress and discovery that Monetha is essentially starting this business from scratch. Marketing created the hype but there was no substance behind the smoke and mirrors.

[Atiilaa]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

yes i am seeing that confidence of investor are rebuilding and they start to take interest in monetha
i am also very positive about this project now
few days ago it looks like monetha are going to die but its not
i think it is just a start and monetha will hire some good and active staff to work on this project
i hope in the end of 2018 monetha team will make monetha project and their team solid and then price value will be skyrocket in the market

True; the recent price drop seems to be due to this bitcoin cash shitstorm.
Monetha has been quite unlucky in terms of timing - China FUD first, then bitcoin forks and now this.
Now let's see what the future will bring.
Team, I look forward for a Q&A interview with Koniajev.

People that think that the huge price declines have been contributed to rebalancing to BTC or BCH are fooling themselves. MTH was dropping before this started due to lack of development progress and discovery that Monetha is essentially starting this business from scratch. Marketing created the hype but there was no substance behind the smoke and mirrors.

very true.
its monetha's fault
we payed money on the idea's . not on the progress
eric duprat and kellog was never in the team.
Justfag is lier youtube vlogger

[rajatjain]

Yeah investors confidence is definitely rebuilding; probably the token price was punished enough and now there's not anymore expectation of a fast development. Let's see what happens in the next months; as I said previously, would they manage to hire a notable programmer and finalize duprat's contract that would make a very solid team.

yes i am seeing that confidence of investor are rebuilding and they start to take interest in monetha
i am also very positive about this project now
few days ago it looks like monetha are going to die but its not
i think it is just a start and monetha will hire some good and active staff to work on this project
i hope in the end of 2018 monetha team will make monetha project and their team solid and then price value will be skyrocket in the market

True; the recent price drop seems to be due to this bitcoin cash shitstorm.
Monetha has been quite unlucky in terms of timing - China FUD first, then bitcoin forks and now this.
Now let's see what the future will bring.
Team, I look forward for a Q&A interview with Koniajev.

People that think that the huge price declines have been contributed to rebalancing to BTC or BCH are fooling themselves. MTH was dropping before this started due to lack of development progress and discovery that Monetha is essentially starting this business from scratch. Marketing created the hype but there was no substance behind the smoke and mirrors.

very true.
its monetha's fault
we payed money on the idea's . not on the progress
eric duprat and kellog was never in the team.
Justfag is lier youtube vlogger

I dont see how just 2-3 months time ask for progress. It is a time consuming process and many decisions are takrn while you go along the road. Atleast be happy that monetha have the required funds to hire the good ones and they will finish their product. 9 out of 10 icos dont have a product and finish off somewhere soon after. With this team, the product will come nevertheless and the price would be high even it is still 6 months but it will do.

[kosaet]

How come MTH went too low? Did some whales bough it with very low price (or for FREE)?

I think Monetha was overhyped. That's the reason for the steady downtrend of MTH tokens.  The team hasn't been able to walk the talk ever since.  Glad I sold my holdings when I did.

Dont know if its overhyped or not... but team needs to deliver it quickly else will lose the race to become a best built in payments

[shogun47]

How come MTH went too low? Did some whales bough it with very low price (or for FREE)?

I think Monetha was overhyped. That's the reason for the steady downtrend of MTH tokens.  The team hasn't been able to walk the talk ever since.  Glad I sold my holdings when I did.

Dont know if its overhyped or not... but team needs to deliver it quickly else will lose the race to become a best built in payments

I would even agree with the opinion that MTH was overhyped. How could it be different with a project that in the first place has no working product but only a huge vision. Same with all the high tech space stuff from Silicon Valley. Has any passenger been successfully shot to the moon yet? No, but these companies are multi billion dollar businesses nonetheless. There is surely some hype involved, but anyone should know that in advance when investing in a company without a working product. How else should it be?

[Monetha.io]

Check out what was going on recently at Monetha’s Software Development Headquarters and other upcoming news!
https://youtu.be/HDLpOXpyhiE