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Author Topic: Monetha (MTH)  (Read 2313 times)
CobraJ (OP)
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September 17, 2017, 05:17:17 AM
Last edit: September 17, 2017, 07:33:05 AM by CobraJ
 #1

Summary of Monetha:

1. Competent team
2. Transparent operations & roadmap, founders give weekly reviews of progress
3. Existing MVP and partnerships


>Eric Duprat ex-Paypal General Manager Mobile is part of the team. Duprat built Paypal from a $7M to a $4B payment volume business over 3 years.
>Will be completed early 2018
>Confirmed being added to major exchanges mid september / early october.
>Only available on EtherDelta, Mecratox, Coinexchange which are generally considered unattractive so this coin will be low priced and lowkey until it gets added to the major exchanges and people starting reading into it. Just been listed on Tidex.
>Already has 2 partnerships
>Will offer single step transaction 5 times cheaper than normal and much faster.


Basic run-down:
https://www.youtube.com/watch?v=5L_-pPXngJM

Recent weekly review from team (plus shout-out from their recent partner):
https://www.youtube.com/watch?v=ufogrlnvxHU

Team
>Ex-VP of development at Adform (https://en.wikipedia.org/wiki/Adform)
>Ex-General Manager of Mobile at PayPal
>Ex-VP of Sales/Business Development for Braintree Payments
>Dr. in Computational Trust & Rep. Management, Google Award for Excellent Research. Ex manager at Amazon.
>An ETH Blockchain dev for IBM's blockchain solution


Recent news
>ICO raised $37M in 18 minutes
>Just partnered with Baltic retail group Pigu ($100M turnover)
>Just partnered with European food delivery company Foodout ($30M turnover)
>Just listed on CoinMarketCap
>Confirmed to be listed on major exchanges by end of September
>Chief Product Officer currently being sought
>Minimum Viable Product was released and is working as of May 2017
>Want to develop strategic partnership with Shopify

What they're about
>Easily allow Merchants to accept your Cryptocurrency
>Become the faster, cheaper, smarter PayPal for Crypto
>Imagine websites with a "Pay with Monetha" as well as "Pay with PayPal"
>Give merchants a single-step transaction that's 5x cheaper & x10,000 faster than fiat
>Monetha wants to make it simple: Customer's money, to Merchant's account in 1 step
>Anyone with an Ethereum wallet can leverage Monetha's payment gateway


Partners

Foodout
>$30 million a year in food sales
>Territories and immediate rollout include Ukraine, Belarus, Iran, Latvia, Lithuania, and Estonia
>Users requested a way to pay via crypto enough for them to partner with Monetha
>Surge in crypto in these countries due to economic and political instability.

Pigu Group
>Largest online retailer in the Baltic States
>Includes Lithuanian market Pigu.it , Latvian market 220.lv , and Estonian market kaup24.ee
>Customers have access to over 400,000 products
>10 years old and counting
>Processes ~2 million orders a year
>Turnover forecast for this year is $100,000,000+


Imagine websites with 'Pay with Monetha' button next to the usual 'Pay with Paypal'.
Not only paying in cryptos but also at high speed and low (1.5%) fees.


ICO price was $.16 pre soft cap / $.19 post soft cap.
$37,000,000 were raised in 18 minutes. 10th highest amount of $ raised by an ICO ever.

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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September 17, 2017, 05:21:43 AM
 #2

great news for MTH. I hope this happens because the first time MTH is applied in daily life and we can completely pay with MTH. I hope the upcoming development team will update many good news, especially new exchang.






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CobraJ (OP)
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September 17, 2017, 05:25:46 AM
 #3

Completely agree with you and can't wait to be able to pay with cryptos online.

Besides, MTH is just trading for .0007ish ETH on EtherDelta.. https://etherdelta.com/#MTH-ETH.. low price probably due to bounties being liquidated.

Actually I forgot to add Tidex.com exchange in my main post.
I still go with EtherDelta as it's a DEX and inspire me more trust than small CEXs, but those books refresh so slow..

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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September 17, 2017, 05:58:01 AM
 #4

Especially now the bounty hunter has received his salary, I am sure the price will be destroyed if mth is not in the bigger market.
It may be very difficult to get into poloniex, bittrex now does not receive new coins for 2 months

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September 17, 2017, 06:42:44 AM
 #5

Especially now the bounty hunter has received his salary, I am sure the price will be destroyed if mth is not in the bigger market.
It may be very difficult to get into poloniex, bittrex now does not receive new coins for 2 months
no difficult word, if the developer is committed and serious work on his project. maybe the price of mth will be a bit dump, but it will not be destroyed as you say.
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September 17, 2017, 07:05:27 AM
 #6

Only question I have is when will they get a real exchange!!  I'm waiting.

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September 17, 2017, 07:22:21 AM
 #7

Devs say "late September / early October" so there's another couple of weeks.

ICO was just 2 weeks ago btw.

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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September 17, 2017, 08:05:55 AM
 #8

Have you noticed that their mobile application looks very similar to JAXX application?
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September 17, 2017, 08:56:26 AM
 #9

I expect next year Monetha to be in the $5 range.
Why? Because market cap will grow exponentially in Q1 2018. If Monetha does follow the roadmap and keeps community happy they will definitely reach a cap of 1-1,5 billion

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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September 17, 2017, 09:13:00 AM
 #10

Monetho is pretty cool but there is way too much competition in this space. I took my profits from ICO, wouldn't want to hold bags forever
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September 17, 2017, 09:23:58 AM
 #11

It looks like a great project to me I am thinking about investing in it.

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September 17, 2017, 10:14:49 AM
 #12

MTH is really a great project, but the important things will be happening in 2018 I believe.
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September 17, 2017, 10:18:30 AM
 #13

Especially now the bounty hunter has received his salary, I am sure the price will be destroyed if mth is not in the bigger market.
It may be very difficult to get into poloniex, bittrex now does not receive new coins for 2 months
A lot of bounty hunters are learned from the past time about monaco, a lot of them are selling their monaco at the cheap price but it seems just a manipulation to make the bounty hunters are just dump their token for the cheap price. and i can say that was  really un appropriate to short the good token or even dump it.

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September 17, 2017, 09:17:33 PM
 #14

Especially now the bounty hunter has received his salary, I am sure the price will be destroyed if mth is not in the bigger market.
It may be very difficult to get into poloniex, bittrex now does not receive new coins for 2 months
no difficult word, if the developer is committed and serious work on his project. maybe the price of mth will be a bit dump, but it will not be destroyed as you say.
Yep exactly as you say, the price can last even though bounty has been paid, dev does a good job, the price has exceeded the price of ICO, so there is nothing to worry about, I will wait until the development really runs smoothly

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September 18, 2017, 11:59:22 AM
 #15

I was waiting for bounties holders to liquidate their position so that I could obtain a lower price and increase my position but looks like they are holding..

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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September 18, 2017, 12:17:43 PM
 #16

I want to joint you bounty program! I think this coin good and strong dev!
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September 20, 2017, 12:46:11 PM
 #17

Today also added on HitBTC, 4th biggest exchange in the world according to CoinMarketCap.
https://coinmarketcap.com/exchanges/volume/24-hour/


As of today, you can trade MTH in the following exchanges:

https://etherdelta.com/#MTH-ETH
https://mercatox.com/exchange/MTH/ETH
https://mercatox.com/exchange/MTH/BTC
https://www.coinexchange.io/market/MTH/BTC
https://www.coinexchange.io/market/MTH/ETH
https://tidex.com/#/exchange/MTH_BTC
https://hitbtc.com/exchange/MTH-to-BTC
https://hitbtc.com/exchange/MTH-to-ETH


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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September 20, 2017, 09:34:27 PM
 #18

Monetha has a legitimate chance to replace online payment system and make it more secured. The team is planning to move to Singapore last time I heard. If Eric Duprat joins Monetha full time they will have a great chance. To succeed.

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September 20, 2017, 09:49:46 PM
 #19


All of them including hitbtc, are weak exhchanges, but this is only a beginning for Monetha. I found the project serious, and I also invested in it. I won't trade it and hold it for more platform development. Their team is ridig and good!
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September 20, 2017, 10:09:22 PM
 #20

THanks for posting up info here. I will have to dig deeper on this one. Definitely a space where one of these is going to take off. Just not sure which one it will be.

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