|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||September 16, 2019|
|End||September 27, 2019|
ICO description, Technical Details and Documents
The evolution and development of cryptocurrency and blockchain technology over the last decade have revealed the flaws in the modern systems and industries around the world. Many of these flaws were unnoticeable, before we knew that we could do better, and this path to the more practical solutions was brought by cryptos and blockchain.
These new technologies revealed the advantages of decentralization, expanding the possibilities, and providing new solutions that could impact the world in a positive way.
However, even after years of development, we are still quite far away from implementing and perfecting these solutions. This is a consequence of the complexity of these issues, but also of the technology that is supposed to solve them. Simply put, there is a lot more to blockchain than meets the eye, and many experts believe that we have only scratched the surface when it comes to its development and evolution.
Even the blockchain itself still suffers from a lot of issues, many of which can be resolved, but the process takes time and effort. Still, this evolution does keep going with each new project, and one new solution that was designed to solve the problems regarding scalability and decentralization is one such project. Its name is Monet, and it is the project that interests us today.
As mentioned, Monet is a project that aims to solve the issues of scalability and decentralization through the use of mobile ad hoc blockchains. It is based on a consensus system known as Babble, and it is capable of processing thousands of transactions per second.
The concept behind the project is relatively simple to grasp. In the P2P economy, individuals act as providers of services and goods, as well as customers. However, such an arrangement cannot survive on a centralized client-server infrastructure. This was realized a while ago, and since then, there were several attempts to move such services to the public blockchain. However, this has proven to be inefficient, as this kind of a solution required each node around the world to process every command.
There is a way to partially solve the issue by creating a more efficient consensus protocol, although the very idea of implementing localized services on a public network that is globally available is fundamentally flawed. Monet comes with another solution — a system that is based on mobile ad hoc blockchains.
With this solution, groups of people that are involved in pretty much any activity or task could create temporary networks with nothing but their phones, and coordinate themselves by themselves, with no third parties needed for delegating the responsibilities. All that the users would need to do is connect to those they need to be connected to, and stay connected until their interaction is needed.
This approach can significantly simplify things and provide a better, faster solution, and all it requires in order to work, is Monet's native cryptocurrency, which will be offered in a token sale within a few days.
As mentioned, Monet is preparing to launch its ICO right now. The project originally held a preICO from July 15th to July 31st. The ICO itself will start in about five days, on September 16th, and it will last for about 11 days, ending on September 27th.
The project will offer a token known as TENOM, which is a utility developed on a separate blockchain, instead of utilizing Ethereum, EOS, TRON, or some other development platform. Interested investors will be able to purchase the tokens in exchange for ETH, CHF, or USD, and its price will be 1.54 CHF for 1 TENOM.
The project has set up a hard cap of 6.160,000 CHF, it offers a bounty, and it was registered in Switzerland. It has three restricted areas — Japan, China, and the US. Everyone else is allowed to participate, as long as they go through KYC and Whitelist procedures.
* Crypto Rating accepts no liability for any errors in the Monet ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
|1||PointPay||2019||5||Active||Finance||June 30, 2019||June 30, 2021|
|2||EMCODEX||2021||4.94||Pre-sale||Commodities, Synthetic Assets||May 18, 2021||September 30, 2021|
|3||LetStudy||2020||4.935||Upcoming||Education||August 1, 2021||August 1, 2022|
|4||My Lotto Coin||2020||4.93||Pre-sale||Gaming, Lottery||April 1, 2021||June 30, 2021|
|5||Blockster (BXR)||2021||4.93||Upcoming||Media||May 31, 2021||October 12, 2021|
|6||Fanadise||2021||4.92||Pre-sale||NFT, marketing, staking, BSC||May 12, 2021||June 30, 2021|
|7||Recast1 Token||2021||4.91||Active||Trade, Stable Coin, Proof of Transfer and Stake||June 15, 2021||December 5, 2021|
|8||Pawtocol||2019||4.9||Pre-sale||Big Data||December 27, 2019||May 17, 2021|
|9||Curate||2019||4.9||Pre-sale||Advertising||August 9, 2019||May 30, 2021|
|10||Tycoon||2019||4.9||Active||Investment||December 7, 2019||June 28, 2021|
|11||SerenitySource||2019||4.9||Active||Energy||July 13, 2019||July 28, 2021|
|12||MetaHash||2018||4.9||Active||Finance||April 8, 2020||September 30, 2021|
|13||IdeaFex||2019||4.9||Pre-sale||Finance||June 18, 2019||June 17, 2022|
|14||Teslafan||2021||4.89||Active||Artificial Intelligence||April 12, 2021||October 31, 2022|
|15||Edufex||2021||4.88||Active||Education||March 1, 2021||September 30, 2021|
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||Volume 24h|
|1||BTC||Bitcoin predictions||86.8%||25||$47 196.24||-0.90%||3.21%||$888 165 398 031||$28 837 572 321|
|2||ETH||Ethereum predictions||73.6%||52||$3 398.91||-4.99%||2.10%||$399 589 395 021||$18 208 097 601|
|3||ADA||Cardano predictions||70.8%||64||$2.35||-2.73%||-2.59%||$75 328 517 583||$2 502 610 105|
|4||BNB||Binance Coin predictions||63.6%||70||$409.43||-3.42%||0.29%||$68 840 128 039||$1 526 352 217|
|5||USDT||Tether predictions||95.2%||1||$1.000772||0.01%||0.06%||$68 306 683 609||$68 957 512 774|
|6||XRP||XRP predictions||71.6%||54||$1.072339||-2.16%||-0.49%||$49 994 826 614||$3 103 899 431|
|7||SOL||Solana predictions||60.4%||90||$141.39||-8.05%||-21.59%||$41 967 915 927||$4 484 230 918|
|8||DOT||Polkadot predictions||62%||81||$33.64||-3.04%||13.14%||$33 221 971 526||$2 377 880 173|
|9||DOGE||Dogecoin predictions||68%||66||$0.241295||0.66%||-1.25%||$31 687 836 517||$2 275 287 430|
|10||USDC||USD Coin predictions||94.4%||1||$1.000646||0.05%||0.04%||$29 328 222 348||$2 841 145 920|
|11||UNI||UniSwap predictions||69.2%||57||$24.44||-7.08%||8.72%||$14 946 944 071||$538 878 731|
|12||AVAX||Avalanche predictions||66%||69||$64.90||-2.78%||33.59%||$14 296 604 632||$2 005 002 749|
|13||LUNA||Terra predictions||65.2%||67||$35.17||-7.63%||-14.27%||$14 128 224 406||$1 175 443 764|
|14||BUSD||Binance USD predictions||94.4%||1||$1.000776||0.04%||0.07%||$12 836 275 840||$5 753 613 485|
|15||LINK||Chainlink predictions||71.6%||57||$28.11||-6.49%||3.99%||$12 747 308 610||$1 498 687 851|
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