SMEs have always been the most vital cog of global economic growth.
Apart from being the lifeline of manufacturing, retail, agriculture, and other key industries, SMEs contribute massively to a country’s international trade. SMEs are also the largest contributors to company registrations in any economy and represent a massive pool of opportunities as the creamiest layer of companies from this segment, more often than not, go on to become pioneers in their areas.
In fact, despite all these contributions to the evolution of the next-gen business landscape, SMEs have never got what they deserved.
Traditionally, SMEs already faced challenges in availing banking services, with the bank innovations being inclined towards large corporates due to their high profitability and large loan books. SMEs always had to make do with inefficient, limited capabilities of banking, which never really addressed some of the key pain points that they faced (e.g. accounting challenges, longer onboarding times, etc.). …
When banking meets blockchain.
As interest in blockchain technology continues to grow, the world is watching closely to see how the banks will be disrupted in the coming years.
And Monaize is reinventing banking, while keeping ethics as a core value and pushing technological innovation to build an open banking platform of the future.
Monaize fully mobile application allows entrepreneurs to open a business bank account in just a few minutes and integrates with financial and technological partners to provide access to financing, payment solutions, collaborative and ethical investments, and insurance.
By taking a hybrid approach, Monaize is preparing entrepreneurs for the revolution that is taking place by giving them the tools of the future…
Monaize’s campaign to conduct an ICO officially began back in June 2017 when we joined forces with our partners at Komodo Platform from which “Banking meets Blockchain” was born. At the time, with extremely bullish cryptocurrency markets and growing worldwide enthusiasm and hype for blockchain technology, it made sense for the team to move quickly and get an official date in the calendar before the year’s end.
As part of this strategy, a small amount of funds were deemed sufficient to get Monaize to public ICO stage and were used for primarily for marketing and logistics, as the team travelled to events around Europe, including the Blockchain Solutions Forum in Barcelona, and partnered with well-known media players in order to promote the project, spread the word and grow our community of loyal supporters. …
It has been a tumultuous and exciting past 12 months in the world of crypto. When the Monaize and Komodo Platform teams formed a partnership in July 2017 to launch the world’s first decentralized ICO, Bitcoin was worth around $2500, and the idea that cryptocurrency might replace traditional currencies (fiat) was held by few. Governments and international organizations have very quickly gone from ignoring the subject, to laughing at it, to now fighting it. These are all very positive signs for crypto and decentralized technologies.
Monaize is an e-banking platform and a legal entity by nature. When we began the project, there were few legal requirements. However, as the legal attention grows around blockchain technology in general, we find logical reasons to re-look at certain aspects of the ICO in order to protect all stakeholders in the Monaize ecosystem including ICO participants, users, and technological partners. …
To make the best of this delay we have decided we are going to be running a meme and gif competition.
This is just one of the things we are doing in the community. If you are interested in getting involved in the chat on these things please check out our Telegram channel!
This competition will last until the dICO date is announced or 10 days from today, whichever is longer to give everyone who is interested ample time to participate.
The grand prize to one lucky winner is 250 MNZ tokens!
If you are interested in this come check out our Telegram channel which is where this will largely be taking place. …
It has been another busy week at Monaize HQ. Following our dICO postponement, members of the Komodo Platform team have been been working closely with our tech team to get the countdown under way once again.
A lot of the work has evolved around making the swap process so simple that your grandmother could to it. …
We regret to inform our community that, due to technical issues, we have taken the decision to postpone the Monaize dICO until further notice.
As many of you are aware, Komodo Platform’s team have been working tirelessly putting together final technical aspects of the decentralised Initial Coin Offering, including the GUI (Graphic User Interface) needed for atomic swaps to take place. Following extensive testing, including a public test on Wednesday 8th November, we came to the conclusion that postponement is the best course of action.
We are not cancelling our ICO. However, it is important that we take the time to better understand this new, decentralised way of issuing tokens in order to ensure that the dICO runs smoothly.
We would like to thank everyone for their interest and support and we will continue to provide updates through our various different social channels and via email.
— The Monaize Team
A lot has been happening behind the scenes and those who have been following our Twitter and Facebook feeds are the most well-informed on the latest news. So we wanted to reach out to the community and let everyone in on all that has been going on.
With only 6 days to go before the first ever completely decentralized Initial Coin Offering via cross chain atomic swap, we have had a ton of material rolling out from various different supporters and media outlets.
The Monaize Crypto Compare ICO Page gives details and synoptic information on our offering and ties it in with guides assisting you every step of the way. This will ultimately become our coin’s home page with all markets automatically listing as they go live and keeping track of detailed statistics. Crypto Compare is a well-known provider of live data and reviews within the cryptocurrency world and are a critical partner of Monaize. Crypto Compare will bring the Monaize dICO to the forefront of the community with their strong brand and community. Those that of you who use Crypto Compare’s services will have also received a Monaize breakdown in emails and they have a Monaize guide displayed on the front page. …
We are very excited to announce that the bounty campaign for our upcoming dICO has officially been launched!
As part of this huge PR event, we will be giving away 1% of all MNZ tokens generated to participants for helping us get the word out through Bitcoin Talk signatures, translations, social media activity and blog posts!
Anyone can take part in this campaign so please head over to our campaign page to claim your stakes in what promises to be a hugely sought after coin as part of a disruptive project!
It is our pleasure to offer a warm welcome James aka @Team Crypton to the MNZ Management Team. James has been helping out since day one as an enthusiast, welcoming people to our Slack team, engaging in conversations and volunteering to help the team out wherever possible. We were thrilled when we reached out to James and he agreed to take on a more official role as Monaize Support.
Below is a small Q & A that will allow you to get to know James a little better: