How come no one cares?
/biz doesnt like gains
PnD shitcoin
>>3372007
>monesha
>eastern european = absolute scam artists
stupid brand name
i only invest in shitcoins shilled by celebs like paris hilton and mayweather
come back when you've got star power behind your crypto
>>3372007
from leddit:
I tried posting this on their subreddit, but was quickly taken down by their team. If you read the whitepaper on Monetha it says:
Monetha will charge a 1.5% transaction fee from merchants. Of that, 0.5% will go to a “Voucher Smart Contract” in a for of MTH for Monetha token holders for an ability to use that in the Monetha’s ecosystem and other 1% will go to the company as revenues. (Coinbase also enables merchant to receive payments with a working API, they charge 0 fees to use their services)
On top of that only 50% of the tokens issued in the ico go to investors, this also means if Monetha were to sell all of their tokens, they would still pocket 66% of all future revenues. At this current model, investors are really only getting 16.5% (33% x 50%) of the revenues generated from Monetha. This is not even considering the massive competition they have in this space from Omise, Tenx and Metal. There is really no point in having an ICO if the project is this centralised and unfair, this project sounds more like a cash grab. Also removing any criticism of their ICO on their reddit? What kind of 'decentralised' project would silence critics?
as a rule of thumb, if 3chan fuds it, buy it.
>>3372007
ScamCoin......
You cant post threads on their reddit, you can't post criticism on their slack without being banned. The first announcement after the ICO was how much money they raised and their spot on coin market cap... biggest scam I have seen in the last couple of months
>>3372272
They were removing criticism on leddit hey?
>>3372272
>>3372586
>>3372619
Once again, thank you very much. Hello, everyone. Official Reddit account of Monetha here. Regarding the Reddit post: we are sorry. This was a mistake done by our admin to who we told that Reddit is mostly for announcements and ICO questions. All of the product related questions should be directed to our Telegram or Slack in which we did answer same question of yours (bestteamever171). Once again, sorry for the mistake, it should have not happened. By the way, your user was never banned. Regarding the “centralisation” and “decentralisation”. Monetha is a legal entity in Switzerland (Monetha GmbH), that is creating a payment solution levering blockchain technology. We have never said that Monetha is fully decentralised. We are developing payments system with a decentralised trust and reputation layer on top of it. Before blockchain that was never possible and those two were separate business models. Monetha combines them. Monetha is as much centralised and decentralised as TenX, OmiseGo, MetalPay, Iconomi, BAT and many more. All of those companies are legal entities creating products levering blockchain technology. And all of those companies have business model from which they will earn money (and reward their token holders as well). Every company needs revenues to grow and to make it a sustainable business. Capital raised during the ICO is only the first step towards a successful company. We need that to develop the product and market it. Then, we will need revenue from our customers to grow the company. As any other business. Regarding the smart contracts: we took a lot of time and focus in creating and auditing them (3 different auditors have done it), that’s why it took a bit longer than we expected. We will publish them today so everyone could have a look. Any additional questions that you might have please feel free to ask them.
If you're gonna FUD, at least don't get caught.
>>3373522
>browsing /biz/
Now I know you're a scamcoin
>>3373522
>We have never said that Monetha is fully decentralised
> pic
goddamn being gangsta must make ur dick real hard
>>3373862
>Literally can't read.
Every market needs losers so others can win.
next OMG
>>3372556
nah man, the only thing universally fuded was bancor that I can remember, most of the successful coins got at least the same amount of shilling as they did fud
Ive noticed that most icos that sell out quick actually dont give u that big of a return, probably because everyone is so hyped about it, the ico price is already way up there
Tierion took a day or two to sell out and upon release gave me 3x.
Look at monetha and aventus, i hear people are only getting 1.5x
>>3374839
ICO FOMO isnt as hard anymore. poeple are smartening up.
>>3374839
I sold some of my monetha for 3x ico price during mercatox launch