Monet Project Review

MONET brings decentralization and easily scalable blockchains to mobile devices. Based on a powerful consensus system, Babble, MONET ad hoc blockchains can process thousands of transactions per second with near instant finality.

Project

Official website: https://monet.network
Telegram: https://t.me/MonetNetwork
Facebook: https://www.facebook.com/MonetNetwork
Twitter: https://twitter.com/MonetNetwork
Reddit: https://www.reddit.com/r/Monet_Network/
Medium: https://medium.com/@monet.network
GutHub: https://github.com/mosaicnetworks
YouTube: https://www.youtube.com/channel/UC91GwW00hAJx9tUHTWCKTvg
Monet Bounty Campaign: https://steemit.com/cryptocurrency/@orcunland/monet-ico-project-review-peer-to-peer-technology-in-new-world-order

Monet Whitepaper: https://drive.google.com/file/d/1PcI69i_oJpWdsIsOciLliYEsFv9hHCVr/view

So Monet is an open network architecture for mobile “blockchain on request”, that means that participants of certain activities can form a temporary network connection for the duration of its interaction without any centralized third party well.

Two main problems that solves Monet, is am issue of P2P economy and actual slow work of distributed networks.

In my opinion the team was really able to identify two most important issue of existing Peer to Peer economy, because today a whole economy depends on trusted persons or companies, third parties as well. As a result, we have loss of confidentiality, transparency and permanent control over the data.

In the case of current distributed networks velocity, is an issue that can be named lack of scalability, that influences a lot at the system efficiency.

So, according to the team solutions, Monet will be able to handle thousands of transactions per second. It’s a very good numbers in the current blockchain market. At the result of use of it’s technology we get a lot of advantages:
• fee free transactions
• no intermediaries
• decentralization
• high blockchain speed
• scalable network

Some of Monet's technology use cases:

Ecosystem:

Monet's ecosystem consists from some functions, such as Babble a consensus module suitable for mobile deployments, MONET Hub and EVM Wrapper.

Team

The Monet’s team of very qualified blockchain specialist with a profile education and a large experience in the areas of blockchain, software development and finance.

• Martin Arrivets – CEO/Co-founder
https://www.linkedin.com/in/martin-arrivets-91773480/
https://github.com/arrivets

Software developer in Blockchain and Telecommunications. Creator of Babble and EVM-Babble.

• Giacomo Puri Purini – CFO/Co-founder
https://www.linkedin.com/in/giacomo-puri-purini-13582a64/

Entrepreneur with successful exit. Worked closely with VC funds in the Boston area.

• Kevin Jones
https://www.linkedin.com/in/kevin-m-jones/
https://github.com/joneskm

Roadmap

Projects roadmap is very full in fact; the team has planned work until February 2020

Token Sale

The project doesn’t provide yet information about its softcap an hardcap and nothing about private sale and crowdsale. But the project looks like one of the that should be on the radar and depend of the future tokenmetrics and crypto market situation can be one for the participating. At the moment there is no decided date for ICO crowdsale.

Now you can get applied for whitelist (opened since July 12th) and formal KYC, and in the future participated in the crowdsale if it will be.