Bitcoin Forum
May 03, 2024, 09:36:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Monetha - payment solution for merchants that enables globally trustful commerce  (Read 417 times)
pabloangello (OP)
Legendary
*
Offline Offline

Activity: 1344
Merit: 1001


View Profile
July 08, 2017, 08:41:25 PM
 #1

Upcomming ICO is upon us...
I have just found this project -> http://www.monetha.io/

Guy in tight sweater in their video looks like Captain America but the whole project seems to be quite interesting, and recalls me something from the past (I think about Bitmark) - "just" tokenized and on Ethereum.

They claim to be Decentralised trust and reputation payment system.

Important info from their FAQ:

--------------------
Does your coin have any other functions besides investing?
Yes. Not only do token holders have a right to a share of profits, but MTH tokens also provide an incentive to use the network, because they will be rewarded to people making payments via Monetha. Monetha will charge a 1.5% transaction fee to merchants. Of that, 0.5% will go to a smart contract for ICO investors and the other 1% will go the company as revenues. Traditional payment gateways take approximately 0.25% + 0.1 from the total fee as their revenue. This 0.25% + 0.1 is a mark up fee to the interchange rates. We are giving our ICO investors almost double the rate that average global payment gateway takes per transaction as their revenue. Loyalty program: In order to encourage a networks effect and create an ecosystem for the Monetha token, we are going to introduce a loyalty program for clients. Every purchase made via the Monetha payment system will reward the client with 0.2% of the value of the transaction in Monetha tokens from the Monetha loyalty pool.
--------------------

1714772174
Hero Member
*
Offline Offline

Posts: 1714772174

View Profile Personal Message (Offline)

Ignore
1714772174
Reply with quote  #2

1714772174
Report to moderator
1714772174
Hero Member
*
Offline Offline

Posts: 1714772174

View Profile Personal Message (Offline)

Ignore
1714772174
Reply with quote  #2

1714772174
Report to moderator
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714772174
Hero Member
*
Offline Offline

Posts: 1714772174

View Profile Personal Message (Offline)

Ignore
1714772174
Reply with quote  #2

1714772174
Report to moderator
BitsifyOfficial
Sr. Member
****
Offline Offline

Activity: 284
Merit: 250



View Profile
August 16, 2017, 09:46:56 PM
 #2

Yup, we've done a whole review about Monetha right here: https://bitsify.net/ico-list/monetha-ico-report-exploring-decentralized-payment-gateway/

It's good to get a good understanding of the project before you invest!
CobraJ
Member
**
Offline Offline

Activity: 224
Merit: 36

ch4534ch3ckn3v3rch453481tch


View Profile
September 09, 2017, 04:01:56 AM
 #3

"Team members include former PayPal, Amazon and eBay team members."

This alone makes MTH a great gem right now at just 1.5 ICO price (but within top 50 market volume on coinmarketcap already).

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.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!