Another coin Im Buying before it hits the major exchanges...steemCreated with Sketch.

in #monetha7 years ago

One coin that I really like in terms of tech and real life use is......

monetha.jpg

One coin that I really like in terms of tech and real life use is Monetha...

What is Monetha?

Monetha is a Payment gateway that can be added to existing ecommerce stores that allows you to make payment using Crypto currencies.

Now Im from an ecommerce background and run multiple ecommerce stores and from experience its an absolute nightmare if your merchant account gets blocked or Visa and mastercard for whatever reason decide to block your payment facility temporarily especially during holiday busy periods.

This can happen for the most simplest of reasons including a spike in sales, or chargebacks, and 80%+ merchants have experienced this problem at least once.

So Monetha will be welcomed by ecommerce store owners... think shopify, bigcommerce as this area is lacking and I personally have tried looking for a solution and there a limited options so I would personally use.

Why Invest in Monetha?

Reason 1

Monetha will charge a 1.5% transaction fee to merchants... this is the standard fee that majority of payment gateways charge. Of that, 0.5% will go to a voucher reward smart contract for Monetha token holders.... so in other words Monetha token holders will be rewarded with a share of the profits much like a dividend payment.

This is a really good reason/incentive for token holders to hold the coin long term and not dump... this will choke up limiting the supply pushing prices to go higher

The other 1% of the gateway fee will go to the company as revenues to build the business further.

Reason 2

One of their team members is none other than Eric Duprat... this guy used to work at paypal and took their mobile payments from $7million in volume to over $4+ BILLION within 3 short years... this shows credibility in the project itself as it has the right type of people with a wealth of experience.

Reason 3

You may have noticed not many new coins are added to the big exchanges like Bittrex, the last one to date was BCH Bitcoin cash... the main reasons are ICO's being banned and plus warnings from the S.E.C that coins that are seen as securities on exchanges will be at risk of being removed in order for the US exchanges to comply with US law. Bittrex and Poloneix are both US exchanges.

Monetha have already cleared this issue up and have said they are not a security and will be considered as one, plus their ICO was done from the UK to avoid any legal issues.

The team is split into 2... one part is the business side thats working hard to get new business partnerships and to get Monetha listed on the major exchanges... so it will be only a matter of time before this happens... check out the video below of the latest update...

So I personally think before xmas 2017.... Monetha will reach at least $2 minimum and at least $1 once it hits Bittrex after taking the amount of coins in circulation.... its currently at 0.25c a good place to buy in my opinion which I certainly did... its currently on a small exchange called Mercatox.com, however I dont know much about this exchange so I recommend if you do buy move your tokens to a wallet such as myetherwallet.com ........

The other coin I think will do really well before xmas 2017 is Adshares you can read more about this in a previous article I wrote here>>> https://steemit.com/cryptocurrency/@wealthyme/a-new-coin-that-has-a-massive-potential-for-a-25x-times-gain

Until Next time.... Stay Wealthy!

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seems a very good project, I will continue reading about this to see the possibilities of investing, thank you for sharing!

@wealthyme I agree with you that #monetha has great potential to grow by 5x or even 10x in the short term. The only reason I did not buy yet is because of the exchange. I do not know it @gold84

Thanks for your good posts, I followed you! +UP