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monetha (MTH)

Commerce & Retail

Overview

Decentralised trust and reputation with built-in payments processing for merchants.

Features

- Decentralised trust and reputation working together with payment processing for global commerce:  together with payment all the information needed to enable a trustful relationship between the buyer and the merchant are recorded (such as warranty). Smart Contract, automatically adjusts each party’s trust rating depending on their actions: file/solve claim, rate, write a review, make a purchase. - Payment processing to accept Ethereum based currencies and exchange them to fiat automatically or upon request. - In-built loyalty program which gives clients a 0.2% of every purchase in

Technical Details

The information needed to ensure a trustful relationship between buyer and seller (such as warranty) will be recorded onto the blockchain. Smart contracts will automatically amend each party's trust rating according to an algorithm that assesses the quality of the transaction. Based on the information saved during the transaction, clients and merchants will be able to file/solve a claim, rate each other, view ratings etc. Their history is then recorded onto the immutable Ethereum blockchain so that others can make well-informed commercial decisions. Monetha tokens will be used for the loyalty program to incentivise the network effect. 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: ○ If the client has Monetha tokens she/he can apply them to reduce the items cost. The client gets a discount. ○ Monetha tokens are converted to ETH in real time. ○ Monetha tokens are returned to Monetha loyalty pool. ○ Monetha platform covers a discount for the merchant, so he gets the full item price. ○ Monetha tokens can be applied for up to 70% of the purchase value. ○ The client is still getting 0.2% of the amount paid by ETH (or other cryptocurrency) after loyalty is applied.

Crowdsale

ICO
ICO start date 28 Aug 2017
ICO end date 28 Sep 2017
Raised 37,000,000 USD
Legal
ICO Platform No
Token details
Ticker MTH
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

15% of tokens generated for loyalty program 8% of tokens of tokens generated to bounty, partners, advisors and marketing 62% of tokens generated to Crowdsale participants 15% of tokens generated to Monetha team. Automatically locked for 12 months by smart contract.

Ratings

Type of scores
Score
Status
Hype score High Active
Risk score Very Low Active

Team members

Name
Position
ICO
Social
Principal Ethereum Engineer Member of 2 ICOs
Decentralised Trust and Reputation lead Member of this ICO only
Payments lead Member of this ICO only
Product design/Front end developer Member of this ICO only
Smart Contract developer Member of this ICO only
Engineering lead Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Software engineer Member of this ICO only

Advisors

Name
Position
ICO
Social
ICO advisor Member of 4 ICOs
Marketing advisor Member of 2 ICOs
Financial Advisor Member of 2 ICOs
Business advisor Member of this ICO only
Product and Payments Member of this ICO only

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Q3 2018 NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info Very Low

Trading

(MTH)
$0.16
0.4% 24H
ETH
return 0.19x
Start ICO 28 Aug 2017
End ICO 28 Sep 2017
Token MTH
Price 1 MTH = 0.16 USD
MVP No
Whitepaper View

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