We are presently in a new era of time, lots of inventions abound in this 21st Century, one of such inventions is the blockchain technology which has made transaction easier and has also changed the status of many investors and its users generally.
As good as this sounds, a large percent of people are yet to adopt this new invention and this is due to lack of knowledge about the blockchain technology and cryptocurrency. As some do not have any knowledge about it, there are few people with little knowledge but its not convincing enough for them to adopt it.
To these major challenge, here comes the solution. Monarch token
What is Monarch Token?
Monarch Token is a ppatform built on the blockchain technology, it aimed at providing exchange of fiat to cryptocurrency with a wallet and merchant plugin that offers recurring payment of bills with tokens. Monarch token platform allow users to add their bank account details into Monarch and also allows the purchase of crypto assets from the Monarch platform. As a result of this, users can buy or sell crypto assets then transfer the fiat back into their bank account.
“Monarch Token uses [Patent Pending] Multi-Signature Wallet Leasing software which enables users to make recurring transactions to things like Netflix, your mortgage, car payment or simply one time transactions to friends. With the software, Monarch has created a CMS website plug-in for online businesses to accept cryptos as one-time or subscription payments. Instead of duplicating the same alpha-numeric addresses, Monarch allow users to save those addresses that is constantly transact with, just like PayPal or Venmo.”
Presently, the process of buying and selling of cryptocurrencies as assets and changing them into fiat currency is not an easy task, for this trading and investing in cryptocurrencies certain technical knowledge is required. There is increasing risks of the safety of private keys which can easily be stolen or lost and misplaced and this has made many people to be somehow careful in their investment in cryptocurrency. MONARCH PLATFORM HAS THE SOLUTION
The Monarch Token has come up to provide all the crypto asset services under one single platform where users can do a simple task by providing and securing their information to the platform. After providing this details, users can then purchase crypto assets and change it into fiat currency through the Monarch Platform. Monarch exist to simplify the cryptocurrency trading experience for all users. Instead of having several exchanges, wallets, and softwares. The Monarch Application has the following features:
- Safe keeping of all cryptocurrencies
- Free access to Monarch Exchange to buy and sell at the best prices
- Send recurring payments to pay your monthly bills
- Send transactions via usernames instead of alpha-numeric addresses
- Peer to peer transactions
- Electronic tax reconcile forms
- Cryptocurrency news, charts, and portfolio tracking
FEATURES OF MONARCH TOKEN
Merchant Plug-In
Monarch Merchant Plug-In integrates into any eCommerce Content Management System (CMS) such as WordPress, Wix, and so on, this enables transaction through Monarch token to be smooth and easy. The Monarch Merchant Plug-In will also allow merchants to accept cryptocurrency, communicate directly with the customer, and manage subscription services on their websites. With this feature, Customers can pay in cryptocurrency and Monarch Merchant Plug-In will pay Merchants in fiat currency using the internal exchange.
Two Tokens
Monarch Platform has two tokens; one is utility token represented with MT and the other is Security Token which is represented with MTS
The Monarch token has the following features:
One Password: The Monarch token allow users to use only one password for all services. Monarch will generate new password for each service, but the users only need one password to access their Monarch platform which will be used for every transaction they carry out on the platform.
Payment mode: On Monarch platform, payment for services can be done on subscription based in both fiat currency and cryptocurrency. Users are also allowed to set their recurring payments as peer-to-peer, consumer-to-business or business-to-business.
Wallet: Users of monarch can securely save their token in their monarch wallet which is multicurrency enabled. So all users have their own secure store funds wallet which is controlled by their private keys. They can also manage their funds and pay for subscriptions, they also hold both the fiat currencies as well as cryptocurrency in the same wallet.
Exchanges: Users have easy access to exchanges in order to change their crptocurrency to fiat currencies and also to buy cryptocurrencies with fiat currencies.
Easy to use – Monarch token platform is easy to use and it encourage many people to engage in transaction of cryptocurrencies by providing one cap fits all; an all in one platform that simplifies the transaction process of cryptocurrency.
TOKEN DETAILS
Utility Token - MT
Token Supply – 1 Billion
Pre-Sale – 15th July 2018
Token Price – $0.15 USD
Crowd Sale – 15th August 2018
Token Price – $0.20 USD
Security Token - MTS
Total Supply – 500 Million
Private Sale – 1st June 2018
Token Price – $0.125 - $0.188 USD
Crowd Sale – 15th August 2018
Token Price – $0.25 USD
Hard Cap – $105M USD (For Both Tokens)
FOR MORE INFORMATION
Website – https://monarchtoken.io/
Whitepaper – https://monarchtoken.io/wp-content/uploads/2018/06/monarch_whitepaper-1.pdf
Facebook – 3820+ Followers – https://www.facebook.com/MonarchToken/
Twitter – 3650+ Followers – https://twitter.com/monarchtoken
Telegram https://t.me/MonarchToken
Bountyhive Username : Toyo