Moneta

Moneta

ICO Ended
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In our solution, fiat pegged cryptocurrencies are called “Moneta”. All Monetas will initially be issued on the blockchain, so they exist as a cryptocurrency token. Each Moneta unit issued into circulation is backed in a one-to-one ratio (i.e. one Moneta USD is one US dollar, one Moneta UAH is one Ukrainian Hryvnia) by the corresponding fiat currency unit held in deposit by Moneta Holdings.
Monetas may be redeemable/exchangeable for the underlying fiat currency pursuant to Moneta Holdings terms of service or, if the holder prefers, the equivalent spot value in any other cryptocurrency. Once a Moneta has been issued, it can be transferred, stored, spent, etc. just like any other cryptocurrency.
The fiat currency on reserve has gained the properties of a cryptocurrency and its price is permanently monetized to the price of the fiat currency. Our implementation has the following advantages over other fiat pegged cryptocurrencies:
- Monetas exist on the blockchain rather than within closed source software running on centralized, private databases.
- Monetas can be used just like bitcoins, i.e. in a p2p, pseudo anonymous, decentralized, cryptographically secure environment.
- Monetas can be integrated with merchants, exchanges, and wallets just as easily as Bitcoin or any other cryptocurrencies.
- Monetas inherit the properties of the Layer protocol which include: a decentralized exchange; browser based, open source, wallet encryption; blockchain based transparency, accountability, multi party security and reporting functions.
- Moneta Holdings employs a simple but effective approach for conducting Proof of Reserves which significantly reduces our counterparty risk as the custodian of the reserve assets.
- Moneta issuance or redemption will not face any pricing or liquidity constraints. Users can buy or sell as many Monetas as they want, quickly, and with very low fees.
7.9
TOTAL SCORE
6.9
ICO PROFILE

(weight: 45%)

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TEAM PROOF

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General
Website: Visit
White paper: Read
ICO Time: 25 Jan 2021 - 24 July 2021
Whitelist/KYC: KYC
Country: USA
Token info
Ticker: USDM
Platform: Ethereum
Token Type: ERC-20
Available for sale: 2,800,000 USDM
Financial
ICO Price: 1 USDM = 1 USD
Accepting: BTC, ETH, USDT
Bonuses: Round 1 D-65% 25 JAN 2021- 24 MAR 2021
Round 2 D-45% 25 MAR 2021- 24 MAY 2021
Round 3 D-25% 25 MAY 2021- 24 JUL 2021
Q1 2021
Pre-ICO, a presale of Stabila Crypto tokens we are about to issue before the actual ICO takes place. The tokens at the presale will be sold cheaper than at the ICO itself and in lesser amounts. Stabila Crypto Coin development.<br /> Moneta wallet <br />
Q2 2021
Moneta's implementation of its own on-chain governance. Alpha release.<br /> Beta Closed Test. Beta Open Test.
Q3 2021
Alpha release. The alpha phase usually ends with a feature freeze, indicating that no more features will be added to the software. At this time, the software is said to be featured complete. AML and KYC blocks development launch.
Q4 2021
Beta Closed Test. The software is capable of delivering value, but is not ready to be used by everyone due to scaling ongoing development.<br /> Beta Open Test. Demonstrating the product to potential consumers, and testing among an extremely wide user base. Data Vault development launch. Stabila listings on crypto exchanges.<br /> Genesis block.
Q1 2022
Legislation and Compliances to specific Countries Regulations. Reserve system development. AML and KYC services test launch. Online Payment Processor development launch. Custodian licenses.
Q3 2022
Alpha release. AML-KYC-OPP-Data Vault. The alpha phase usually ends with a feature freeze, indicating that no more features will be added to the software. At this time, the software is said to be feature complete.
Q1 2023
Beta Closed Test AML-KYC-OPP-Data Vault. The software is capable of delivering value, but is not ready to be used by everyone due to scaling ongoing development. FX Exchange development.<br /> Marketing Campaign Launch<br /> Ecosystem Launch
Screenshots taken on 20 Dec 2020
Daniel Varzari
Management
Participates in a number of projects
Igor Scvortov
Technology
Participates in a number of projects
Constantin Coban
Blockchain development
Participates in a number of projects

Advisors (2)

Oleg Cebotariov
Participates in a number of projects
Naveen Kapoor
Participates in a number of projects
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