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ETH $ 165.91 -5.31%
MARKET CAP $ 177 bln -4.02%
ICOs 5,404

Monetha

Trading
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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 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
Eric Duprat
Payments lead
Kellog N. Fairbank
Sales and Merchant Acquisition Lead
Dr. Jean-Marc Seigneur
Decentralised Trust and Reputation lead
Justas Pikelis
Co-Founder/Business
Laurynas Jokubaitis
Co-Founder/Product
Viaceslavas Ruckis
Engineering lead
Erikas Malisauskas
Product design/Front end developer
Martynas Adomaitis
Smart Contract developer
Andrej Davidovic
Software engineer
Alex Bazhanau
Principal Ethereum Engineer

Advisors (5)

Sean Harper
Product and Payments
James Downton
Marketing advisor
Nik Rokop
Business advisor
Paolo Rebuffo
Financial Advisor
Robertas Visinskis
ICO advisor
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