Monetha - The PayPal Killer - E-Commerce App For Android and iOS

in steemhunt •  6 years ago 

Monetha - The PayPal Killer

E-Commerce App For Android and iOS

Screenshots

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Hunter's comment

How many blockchain projects get featured on a list like The Boldest Blockchain Companies From The Forbes 30 Under 30? The answer is no many. The co-founders  of Monetha, Justas Pikelis and Laurynas Jokubaitis are part of that list. The Lithuanian duo and their company had a very successful ICO in last August gathering 37 million USD in 18 minutes. The marketcap has currently hit a low of 12 million USD.

But The Best Things Are Only Starting

The finally released their app on June 4th and the app has a whole bunch of great features that can easily dethrone PayPal and maybe even bankrupt the then highly innovative pioneer who has a history of censorship and many other problems. Square, Inc. is another one of those companies that are sure to take a beating from Monetha. The app is barely having any downloads. So you can help to take care of that problem by visiting Playstore or itunes



The Team is Working on Great Things

I have some serious Pet Peeves about the project. But the team itself isn't one of them. They even visited PayPal Innovation Lab, where they discussed about blockchain ecosystems in Southeast Asia. Monetha is beneficial for both sellers and buyers which you can read about on their official website.

The Only Reason Not To Invest and Be a Part of Monetha

This one is my only major Pet Peeve and it is called Dash Evolution and other better products down the line. Personally I don't see any better product/service that can compete with Monetha at the moment. Monetha is the king of online Buying/Selling. But not for too long.

Link

https://www.monetha.io

Contributors

Hunter: @vimukthi


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6 years ago by

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    • [-]
      ·  6 years ago 

    GreatHunt @vimukthi | Its Really Paypal Killer With Blockchain Based💪




    Pros:
    As you explain, Monetha provides a blockchain based e-commerce platform. Of course, all the advantages offered blockchain can be adopted well.

    Cheap, fast, and safe, what else do we need besides that ?. Nothing !.

    Cons:
    It is currently only available for Android and iOS, and the entire business is sure to be adopted on a web basis, or another.

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    2 votes
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      ·  6 years ago 

    Here are my thoughts on this app
    Pros :

    • The ecom app integrated with blockchain tech is ideal for busineses
    • It has seller rating which makes it easier for buyers to find out which seller is better
    • The application is available on android and ios

    Cons :

    • The customer base is very less and it needs time an patience to grow

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    2 votes
    [-]
      ·  6 years ago 

    Who's awesome? You're awesome!
    You hunted a great product that has been approved by a Steemhunt moderator.
    Congrats, keep sharing your awesomeness tomorrow!

    Psst, come and say 'Hi!' on Discord

    Important announcement:

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    1 vote
    [-]
      ·  6 years ago (edited)

    Pros:

    • Huge daily growth / fall in price; easy to obtain information about companies and their activities; fast, interesting, high risk - high performance; always open and accessible for trade.
    • When it comes to participating in ICOs, it is easy to access to invest in start-up companies; large profits
    • Within the mining has low risk - high performance; without great services, long-term investment, possibility of extracting different currencies; different types of mining: cloud mining, private mining.
    • Your long-term investment is low risk, easy to invest, invest in stable and reliable technology companies; large profits.

    Cons:

    • High volatility, addictive; Pump & Dump, liquidity; problems with exchanges.
    • ICO scams, almost all ICOs fall below the ICO price at some point; the need for a better knowledge of the projects requires a lot of time; frozen money period; liquidity after crowdsale (low volume for people who want to sell tokens, then the price goes down).
    • Within mining it is very expensive to start; expensive hardware; a need for space; a need for a lot of electricity; Volatile cipher prices and severity levels (the price can drastically decrease from what you extract and there is a low profit risk to zero).
    • The long-term investment is without regulations (if the regulations are applied, it can cause a lot of severities).

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      2 votes
      [-]
        ·  6 years ago 

      This is great hunt for sure. Thank you very much for the info and comment

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          ·  6 years ago 

        The app is a really good idea, and it will provide a new option for transacting online.
        Pros:
        • The app works on both android and iOS devices
        • The app has security features to ensure that transactions are secured
        • Sellers can create a reputation online based on reviews and ratings
        Cons:
        • The app does not have many users, limiting its potential

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          [-]
            ·  6 years ago 

          Congratulation! Your hunt was ranked in 34th place on 13 Jun 2018 on Steemhunt.

          We have upvoted your post for your contribution within our community.
          Thanks again and look forward to seeing your next hunt!

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