Monoreto Token Review

Monoreto Channel
4 min readAug 3, 2018

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Have a look on the features of our token and invest in the revolutionary social media platform

Abstract

Monoreto token is a multi-purpose project currency. Initially, we designed it to execute multiple functions, to deliver various platform services and to be the investment tool. The amount of tokens issued is limited, the additional emission is not scheduled. As the first round of pre-sale is finished successfully, don’t miss the second round of pre-sale (August 15, 2018) and ICO (October 20, 2018) to get the tokens with the guaranteed demand for!

Monoreto Token to Pay and Invest: MNR

As you can find from our basic token announce, the MNR token is a utility-token for the project services. Technically, it belongs to the ERC-20 type as it can be exchanged for all ERC-20 tokens natively through the vast majority of popular DEXs and CEXs. Also, you will be able to exchange it on Ethereum and Bitcoin or fiat money via popular services. You can also get it organically, using the service and receiving the MNR for the likes, comments, reposts etc. By the way, you can collect MNR through participating in our Bounty campaign. Also, those who are interested in the project, have the unique opportunity to buy the tokens. We have already sold 17M out of 22M tokens issued during the first round of pre-sale. All the information about the token is available via public smart contract: 0x5f824733d130Ad85EC5e180368559CC89D14933D (ticker MNR, 18 decimals). You can easily add it to your preferred wallet (e.g. MyEtherWallet) and trade it on EtherDelta and other exchanges. But don’t send any ETH to this smartcontract as it will be missed!

Monoreto Token for technical purposes: MONO

Monoreto also provides you with the unique instruments for the investments. MONO token is launched on the Waves platform — a popular blockchain with the extremely comfortable interface, fast transactions and low fees. It can be also used for the project services reward. Also, if you want to trade the MONO token, you can easily exchange it directly on our site for the MNR token in 1:1 proportion. Beware: our MONO token works on Waves platform and it will be used only for technical purposes. We have nothing in common with ERC-20 MONO tokens (e.g. this one and that one).

Token Distribution

Firstly, we are proud of our clear and transparent scheme of token distribution and spending the money collected during ICO.

3 % of sold tokens will be paid for the Bounty hunters, 11 % are reserved for the team, 23 % are the reward for the oldest users when 63 % are alleged to the crowdsale.

15 % of the money collected will be spent for the application development, 55 % for its marketing promotion, 25 % for the platform upgrade and 10 % for the legal issues.

125M of MNR tokens is the maximum amount of our tokens. When one MNR token is purchased, one MONO token is being reserved for the token holder.

The price of MNR token depends on the stage of crowdsale. Only during the pre-sale second round (August 15 — October 15) we sell it for the 0,03 USD. On Oct 20 — Nov 3 the tokens will worth 0,04 USD. The price will be increased three more times: on November 4, November 18 and December 2. So, on the final stage it will worth 0,05 USD. The crowdsale ends on December 31, 2018.

The full amount of money collected during the crowdsale will be stored on smart contract. Thus, every Ethereum send will be shown which makes our pre-sale and ICO really transparent and open. In case of failure to reach the cap, all money will be sent back to the addresses of owners.

By a word, don’t miss your opportunity to invest (i) in a project with clear social message, (ii) with the responsible and experienced team, (iii) with the transparent and smart scheme of token sale.

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Monoreto Channel

We’re going to revolutionize the world of social media. Make sure you learn more about us on http://www.monoreto.com