Monarch is an example of how ventures are rushing to develop innovative payment solutions that will allow users to convert multiple currencies across different platforms seamlessly. With experts predicting a move forward for the industry and rise in customers numbers, Monarch's infusion of blockchain technology will ensure the demand is met with a robust and secure counter application. Here’s how
Monarch is offering a platform that will have the users link their bank account information, purchase cryptocurrencies and trade in them in under one structure, The plan by Monarch is to integrate a recurring payment tool that will give users the power to monitor, and control their payments subscriptions to services such as utility bills, mortgages, car payments, Netflix, etc. All these capabilities will be available through a simple swipe of the Monarch Mobile app.
The Monarch Online Stores Crypto Payment Exchange Solution
Auto-Payment And Subscription Service Management
The Monarch Hot Wallets gives the individuals and business using Monarch a recurring and subscription-based cryptocurrency payment service. The transaction process involves multiple signature wallets that secure the recurring crypto transactions. The subscription services will be available under the Monarch Smartphone App.
Monarch Password Vault
Monarch will offer a necessary backup recovery system that encrypts the users' password on the Monarch private sidechain.
Subscription-Based Crypto Payments
Additionally, Monarch users will get access to a new initiative that allows them to automatically stream payment to other users or businesses and choose the frequency at which they want the transaction.
The Monarch platform will allow merchants to accept multiple currencies as payments while customers get to pay for their services in any currency that the Monarch platform takes.
Monarch also provides simple identification solutions for, and this will have the users sign up and request the necessary service they would want.
Financial Analytics And Tax Forms
Monarch provides an effortless solution to managing your finances and taxes in one portal.
- The Monarch solution is a perfect fit for businesses, and their capability helps increase profit revenue
- Monarch Token allows for personalization which is user-friendly to first-time investors
- The Monarch investors will get benefits in the form of weekly dividends, airdrops, and silver-backed tokens
- Monarch token already has a working product with its Monarch Mobile App, and this adds legitimacy to the project
- The payment solutions sector has plenty of other projects and Monarch will face competition before making any impact
- The Monarch Token also has a restriction on its sales with possible country bans for non-Chinese residents and allowing only accredited investors.
Monarch MT & MTS Token ICO Details
Monarch Private Sale
- Start- May 1, 2018
- Allocation- 5 %( 25,000,000 MT/MTS)
- Bonus- 25%
- Starts- June 15, 2018
- Allocation- 5% of all tokens (25,000,000 MT/MTS)
- Bonus- 15%
- Starts- July 15, 2018
- Allocation- 40% of overall tokens (200,000,000 MT/MTS)
Parameters Of The ICO
- Token Ticker- MT
- Platform- Ethereum
- Model- ERC20
- Token supply- 500 million Monarch Tokens
- Price- 1 MT= $0.15
- Accepts- ETH, BTC
- Token sale- 50%
- Development- 27%
- Tem- 18%
- Advisors- 5%
The Monarch project seems determined to solve the problems with today's crypto transactions, and it is evident that the ICO could lead to something fruitful. Overall, it best remains safe to watch how the ICO performs within the coming days.