Monetha

Monetha

Trading
18,969 Views
Our decentralised trust and reputation system (DTRS), powered by smart contracts, works flawlessly with Monetha’s payment processor. We let the buyer see trustworthy and transparent reviews made by previous customers.
General
Website: Visit
White paper: Read
ICO Time: 31 Aug 2017 - 31 Aug 2017
Country: Lithuania
Token info
Ticker: MTH
Platform: Ethereum
Token Type: ERC20
Available for sale: 200,000,000 MTH
Total supply: 402,400,000 MTH
Financial
Raised $ 37,000,000
ICO Price: ≈ 0.181 USD
Soft cap: 28,000 ETH
Hard cap: 95,000 ETH
Screenshots taken on 13 Feb 2018
Start of the company (January 2017)
Three blockchain and payment enthusiasts came together for an epic venture into shaking up the payment processing industry.
Minimal Viable Product (Self-funded/May 2017)
Having worked on prototyping, strategizing and building a team around the project, we built a fully working MVP with which merchants can accept Ethereum payments in their e-commerce store.
ICO (August 2017)
First priority after the crowdsale is to gather the best team possible and attract talented and accomplished people from payments, blockchain, Fintech industries. We will move our operations to Singapore, which has a huge Ethereum community and extremely good business environment for fintech startups. Moreover it has a great connection to our go to market - Asia.
E-commerce (EUR 700K/Early 2018)
Develop a fully functioning payment gateway for ecommerce merchants, enabling them to accept ETH and leverage the first version of decentralised trust and reputation system.
Full e-commerce solution + exchange to FIAT currency (EUR 1,7M/Mid 2018)
Accept Ethereum tokens, and enable merchants to exchange Ethereum tokens to their local currency and transfer funds to their preferred account. Smart contract wallet, real-time analytics, and a dashboard for merchants.
First step towards decentralized reputation system: Monetha Wallet (EUR 3,5M/Late 2018)
Monetha Wallet for clients + Loyalty program + Significant improvement of the decentralized trust and reputation algorithm.
Full functionality of the decentralized trust and reputation system (EUR 5,5M/Early 2019)
This phase will allow us to fully develop a globalized trust system powered by smart contracts.
Retail (EUR 7M/Mid-Late 2019)
Develop and introduce a decentralized payment, trust and reputation system for retail merchants. Roll out Monetha as a payment option to retail merchants, allowing physical stores to accept mobile payments from Ethereum based currencies, and exchange to their preferred local currency.
Andrej Ruckij
Co-Founder/Technology
Participates in a number of projects
Eric Duprat
Payments lead
Participates in a number of projects
Kellog N. Fairbank
Sales and Merchant Acquisition Lead
Participates in a number of projects
Dr. Jean-Marc Seigneur
Decentralised Trust and Reputation lead
Participates in a number of projects
Justas Pikelis
Co-Founder/Business
Participates in a number of projects
Laurynas Jokubaitis
Co-Founder/Product
Participates in a number of projects
Viaceslavas Ruckis
Engineering lead
Participates in a number of projects
Erikas Malisauskas
Product design/Front end developer
Participates in a number of projects
Martynas Adomaitis
Smart Contract developer
Participates in a number of projects
Andrej Davidovic
Software engineer
No participating data
Alex Bazhanau
Principal Ethereum Engineer
Participates in a number of projects

Advisors (5)

Sean Harper
Product and Payments
Participates in a number of projects
James Downton
Marketing advisor
Participates in a number of projects
Nik Rokop
Business advisor
Participates in a number of projects
Paolo Rebuffo
Financial Advisor
Participates in a number of projects
Robertas Visinskis
ICO advisor
Participates in a number of projects
ICO List
Other Interesting ICOs
Upcoming
Bithemoth
Here at Bithemoth, we strive for excellence and the development of the blockchain world. Through a vigorous and highly intensive process, we selected strong and innovative leaders to become apart of the Bithemoth family and project. Our team stretches across the globe and with a diversity of strengths we will be able to make a huge impact in the blockchain world. Our ecosystem will include: 1. A Decentralized Digital Asset Exchange
 2. Enhanced and Revolutionary Security and Features
 3. A complete Marketplace and Trading Platform
 4. Fully supported ICO incubator
 5. Dedicated Support Systems and Infrastructure
 6. The Development of Brick and Mortar Locations

Upcoming
Little Phil
Powered by blockchain technology, the little Phil platform is an entirely new way of giving that fixes trust issues with charities using a public ledger, smart contracts and unique digital identities (UDID) to provide givers with the Proof of Need and Proof of Impact required to re-establish trust in giving to charity. Little Phil uses blockchain technology and user experience (UX) designed around a positive psychology framework to allow people to have the oversight, control and emotional connection of a philanthropist, without giving large amounts. People are able to give on their terms through their smartphone and track their giving all the way to the moment it’s received. This will create an engaging experience that makes them genuinely feel the positive impact they have had on their cause. In addition to this, charities will have solutions to their fundraising and exploitation concerns at a much lower cost than they currently incur.
Upcoming
Pharmeum
Pharmeum is the world's first blockchain-based prescription platform with AI health analytics, which is currently working alongside the National Health Service (NHS) in England. The Pharmeum platform is an inter-operable, decentralised, digital prescription platform running over an intelligent neural network. Empowering patients’ ownership of their medication history, and enabling affordable access to healthcare globally. Medical errors and late diagnoses are minimised by using a permissioned blockchain integrated with artificial intelligence. Pharmeum is an advanced, digitised, health eco-system.The Pharmeum blockchain will improve medicine affordability, minimise errors, and create frictionless, quality care for patients.
Upcoming
LOHN
Lohn is a widely spread contractual form in various industrial fields of international cooperation relations, especially in the industry of clothing, footwear, leather, furniture, software and hardware, pharmaceutical, metal working, metallurgical, machine tools, automotive, automation, machine building industry, electronics and appliance industry, food and beverage industry, petrochemical industry. The lohn (processing economy) has been and will be a solution to produce goods at reasonable and high-quality prices through the efficient use of labor and cheap raw materials in emerging economies. It is also a business model that creates economic and social progress across the world bringing together markets with productive resources and capabilities. The trading platform developed by the lohncontrol project will create global opportunities for small and medium-sized businesses that are responsible for generating 60% of GDP. It will give them a visibility that they do not have at this time and will encourage the development of direct business between them. This means low manufacturing costs and greater adaptation to market demands. Those who will win at the end of this interaction will be consumers who will get good products at realistic prices.
Upcoming
ReverseDAO
ReverseDAO is a solution to all of the problems above; it is a platform that connects the Metaverse with real-world assets. Fiat and economic units that are bound with world assets can now be represented, stored, and transferred onto the blockchain just as easily as cryptocurrencies.
Upcoming
Ispolink
Ispolink is cutting-edge automated matchmaking job board platform that leverages Blockchain and Artificial Intelligence (AI) technology to address one of the most fundamental challenges that exist nowadays – sourcing and attracting qualified personnel. We strive to empower companies operating in the blockchain and IT domain to fill their positions by providing them a full spectrum of tools to conduct and manage in-house the entire recruitment process efficiently - ranging from candidate sourcing, screening, through the various stages of interviews until the final offer, eliminating the need of intermediaries such as HR agencies. As per the job seekers, the platform is tailored to improve their overall experience by reducing the prolonged job searching, the endless waiting for feedback, coupled with convenience to receive the best offers with only a few clicks. Ispolink’s blockchain based product facilitates the processes for filling roles by providing a full cycle recruitment system. The platform will make the entire recruitment process more transparent, optimized, automated and also to help organizations to enhance their internal communication which will result in substantial cost and time reductions