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Today's winner:ICO Review: Monetha (MTH) - A Merchant Payment Solution and Trust System
Monetha is creating a universal decentralized trust and reputation solution working together with mobile payments processing on the Ethereum blockchain. Full report by Crush Crypto: https://crushcrypto.com/analysis-of-m...Download the free ICO Guide which contains 6 simple steps for analyzing any ICOs to find the winning projects: https://crushcrypto.com/youtube/Note: This is not a paid review. We do not offer promotional or advertising services. Our content is based on our own research, analysis and personal opinion._______________________________________What does the company/project do?Monetha is creating a universal decentralized trust and reputation solution working together with mobile payments processing on the Ethereum blockchain leveraging smart contract technology. In short, Monetha wants to be the decentralized version of Paypal and Trustpilot.Monetha’s payment services are catered to e-commerce merchants. Compared to the traditional payment processing solutions like Paypal and Stripe, Monetha is significantly cheaper and faster.Monetha charges merchants a 1.5% transaction fee for any purchases made through the Monetha platform. Because Monetha processes transactions on the Ethereum blockchain, transaction time (time required for merchants to receive the payment) is only around 2 minutes.Monetha’s decentralized trust and reputation system is universal, where customers can see the rating of any merchants that integrates with Monetha. The trust ratings of both the merchant and the customer are updated automatically every time a transaction is made._______________________________________What are the tokens used for and how can token holders make money?MTH holders will receive 0.5% of the transaction value on the Monetha platform in the form of vouchers that can be applied as a discount when buying from Monetha’s merchants.This voucher would be proportional to the amount of the MTH tokens held. The redeemed MTH will be expired if they are not spent within 6 months.As the vouchers can only be used for Monetha’s merchants, the more merchants accept payments via Monetha, the more valuable MTH should be.Other than buying the tokens from ICO/exchanges, you can obtain MTH by performing transactions via the Monetha payment system. 0.2% of the transaction value (the amount may change over time) will be rewarded to the customer in MTH from the Monetha loyalty pool._______________________________________Opportunities- Cryptocurrency payment is not catching on because of the rising Bitcoin transaction fees. However, with the growing popularity and much lower transaction cost of Ethereum, we believe the time has come where Ether can become a viable cryptocurrency for online payments.- The online payments market is large with huge potential. If Monetha can be successful, they have the potential to process billions of dollar of transactions a year, which would likely to cause MTH price to appreciate substantially.- Network effect is present because of how the trust rating system works. The more customers and merchants use Monetha, the more valuable the Monetha platform is.- The project has a detailed roadmap with the estimated budget for each milestone, demonstrating a well thought out game plan by the team.- Monetha has a strong team and advisors who has extensive experience in both payment processing and online reputation areas.- The company reserves 10% of the tokens for potential future financing 12 months after the ICO. This creates an incentive for the company to deliver and keep token price high so that they can obtain more funding from the potential future token sale._______________________________________Concerns- There are other competitors in the cryptocurrency payment solutions space, such as Coinify, CoinPayments, BlockPay and Cryptonator. Some of them charge a lower fee than Monetha. Monetha may not be the winner in this industry.- The trust rating is for merchants but not individual products. Even if the merchant has a high rating, the quality of its products is still not guaranteed.- The trust rating system may have loopholes that can potentially be exploited by merchants that want to boost up their ratings. In any system, there are people that try to exploit it and gain an unfair edge._______________________________________DisclaimerThe information in this video is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose. Crush Crypto makes no representations, warranties, or assurances as to the accuracy, currency or completeness of the content contained in this video or any sites linked to or from this video. Завантаження списків відтворення...