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[appraiser]

Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.

[raviuda]

Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.

Yes, your assumption is correct. One token will be acting as dividends. The profit will be distributed among the dividend token holders according to the proportionality of the amount of tokens they are holding. The value of dividend tokens will be stabilized by the silver reserves platform is going to own. The utility token will provide capital for infrastructure and other internal developments.
Apologize if there are any mistakes, I'm just a newbie who followed up with the whitepaper.

[gabygabyD]

Spanish Ann Thread: https://bitcointalk.org/index.php?topic=4631125.msg41857342#msg41857342

[appraiser]

Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.

Yes, your assumption is correct. One token will be acting as dividends. The profit will be distributed among the dividend token holders according to the proportionality of the amount of tokens they are holding. The value of dividend tokens will be stabilized by the silver reserves platform is going to own. The utility token will provide capital for infrastructure and other internal developments.
Apologize if there are any mistakes, I'm just a newbie who followed up with the whitepaper.

Thanks for the answer. The idea of securing silver assets is quite new and cool. It is interesting, to what level of security do they want to bring the limit? And where is the silver stored physically?

Why freeze money in silver, which can not greatly increase in price, if you can invest in potentially more interesting assets with a convergent level of risk. For example in the real estate

[hoanghai]

You write "Protected wallet: users will get a quality wallet to store their secret keys, passwords and money orders to complete their transactions.". But you can not, for example, combine with Trezor? And also, I do not understand how you solved the issue with Fiat?

They will have banking, just like coinbase + a unique patent protected solution (details not fully released yet)

[BingPoki]

Interesting news that Listia will be using Monarch for their Wallet and INK Protocol XNK

https://www.youtube.com/watch?v=DygbeV9OPiQ&t=68s


Sign of future Merchants coming along as Monarch rolls out?   I won't post all my thoughts just yet, need more Due Diligence but of all the merchant integration companies I've been researching this on my short list.

[Fivestar4everMVP]

From my own point of view, this is an interesting project and am glad am supporting,  thanks for explaining the reasons behind the idea of two tokens and what they both are meant for,  it's a good 💡

[appraiser]

Interesting news that Listia will be using Monarch for their Wallet and INK Protocol XNK

https://www.youtube.com/watch?v=DygbeV9OPiQ&t=68s


Sign of future Merchants coming along as Monarch rolls out?   I won't post all my thoughts just yet, need more Due Diligence but of all the merchant integration companies I've been researching this on my short list.

a very well known project that has a large client base

I'm sure that a partnership of this quality is already very helpful for the project to evolve in essence about customers no longer need to think.

Customers already present

[Dimon Iveco]

The concept and purpose of this project is very good. This is the foundation that explains the benefits of this project in the future. I hope the development team can do their best at every opportunit...

[appraiser]

Still, I'm pretty concerned about the procedure for securing Tokens with real silver assets. After all, this silver need to be stored somehow, plus silver is very stable in its price and changing the crypto-currencies that can grow dramatically, for silver? I do not understand if this is necessary

[hoanghai]

Appear why you need 2 kinds of tokens. Is one of them a dividend? Will it generate profits for its holders? What is the reason for such a structure of 2 tokens. How they will interact with each other.

Yes, your assumption is correct. One token will be acting as dividends. The profit will be distributed among the dividend token holders according to the proportionality of the amount of tokens they are holding. The value of dividend tokens will be stabilized by the silver reserves platform is going to own. The utility token will provide capital for infrastructure and other internal developments.
Apologize if there are any mistakes, I'm just a newbie who followed up with the whitepaper.

Thanks for the answer. The idea of securing silver assets is quite new and cool. It is interesting, to what level of security do they want to bring the limit? And where is the silver stored physically?

Why freeze money in silver, which can not greatly increase in price, if you can invest in potentially more interesting assets with a convergent level of risk. For example in the real estate

For MST security tokens available to accredited investors, MonarchToken chose silver because it has always been of value, its always been called the people's money and they’re building Monarch for the people, not institutions. The Silver is stored at Scottsdale Mint vaults around the world. Scottsdale mints gold and silver for numerous Central Banks. They will provide audited records available on Monarch website for all to see where the silver is, how much there is etc providing safe, verifiable storage and accounting.

[nazareth flith]

I am curious about this development project, do I know it? or can you give me an address to help me, success with you I support you, a good team.

[hoanghai]

MonarchToken has two tokens, one security token, Monarch Security: token (MST) and the second, Monarch Utility token (MT), which functions as a coin token, in one wallet can be multiple coins, interesting enough if one wallet can be multiple tokens.

The Monarch app is the wallet. You wouldn't need to use Trezor with a Ledger, it would be redundant. Similar situation here

[Fivestar4everMVP]

MonarchToken has two tokens, one security token, Monarch Security: token (MST) and the second, Monarch Utility token (MT), which functions as a coin token, in one wallet can be multiple coins, interesting enough if one wallet can be multiple tokens.

The Monarch app is the wallet. You wouldn't need to use Trezor with a Ledger, it would be redundant. Similar situation here

am still waiting to use the monarch app to see what it looks like, the app is only available for iPhone and not for Android, they should try and release the android version of the app to Google play store, it will help attract more investors

[lukikato]

MonarchToken has two tokens, one security token, Monarch Security: token (MST) and the second, Monarch Utility token (MT), which functions as a coin token, in one wallet can be multiple coins, interesting enough if one wallet can be multiple tokens.

The Monarch app is the wallet. You wouldn't need to use Trezor with a Ledger, it would be redundant. Similar situation here

am still waiting to use the monarch app to see what it looks like, the app is only available for iPhone and not for Android, they should try and release the android version of the app to Google play store, it will help attract more investors

I read on the website they also provide this application for Android or Google Play versions. I'm sure this project will attract investors a lot because it's very interesting.

[raviuda]

MonarchToken has two tokens, one security token, Monarch Security: token (MST) and the second, Monarch Utility token (MT), which functions as a coin token, in one wallet can be multiple coins, interesting enough if one wallet can be multiple tokens.

The Monarch app is the wallet. You wouldn't need to use Trezor with a Ledger, it would be redundant. Similar situation here

am still waiting to use the monarch app to see what it looks like, the app is only available for iPhone and not for Android, they should try and release the android version of the app to Google play store, it will help attract more investors

I read on the website they also provide this application for Android or Google Play versions. I'm sure this project will attract investors a lot because it's very interesting.

Do they? By the time I was reading the whitepaper, there was only a mention of an Apple OS app. If they are going to provide an Android application too, that would be so cool.

[Fivestar4everMVP]

MonarchToken has two tokens, one security token, Monarch Security: token (MST) and the second, Monarch Utility token (MT), which functions as a coin token, in one wallet can be multiple coins, interesting enough if one wallet can be multiple tokens.

The Monarch app is the wallet. You wouldn't need to use Trezor with a Ledger, it would be redundant. Similar situation here

am still waiting to use the monarch app to see what it looks like, the app is only available for iPhone and not for Android, they should try and release the android version of the app to Google play store, it will help attract more investors

I read on the website they also provide this application for Android or Google Play versions. I'm sure this project will attract investors a lot because it's very interesting.

I don't think they have an android app yet, though they said the Android Version of their app is currently in process and will be in the Google play store soon, but it's not there yet

[Nagasaki]

Monarch is able to simplify the cryptographic experience for all users!  Interested in a discount on Commission transactions!

[Pivooooo]

The Monarch Wallet allows for recurring payments for monthly bills in crypto, using a Patent Pending technology Businesses can accept crypto and Monarch’s Internal Exchange will pay them in fiat.

[yuvadeep]

Nowadays, it is very difficult to cross the borders and enter into the world of the cryptocurrency. Traders are struggling to buy and sell the crypto assets and facing problems to convert the cash into fiat currency. Therefore, it is not a simple task to perform and those who are interested in trading and investing in cryptocurrencies still need to have a clear technical knowledge.

Monarch aim is to remove all the boundaries and issues to solve them. Monarch creates a platform that allows users to add their details of the bank account into Monarch.  It will allow purchasing crypto assets by not involving anyone from the platform of Monarch, but with the help of Monarch they can buy or sell crypto assets and in return, they can transfer fiat currency into their bank account. Therefore, their main idea is to create a password generation tool that helps to protect the electronic storage of users, private keys, and passwords to all the crypto and non-crypto sites. Monarch platform helps to connect all the merchants to perform a payment solution that can accept in a different way of cryptocurrencies. Monarch is a platform which eradicates all the problems in cryptocurrency and finds a solution to send and receive fiat and cryptocurrencies. Therefore, they came up with many facilities for the customers to save many preferred, multiple payment options and checkout experience in a transparent way.