Good evening friends this time I will discuss the initial coin offering has no important features and functions when compared to traditional fiat payment platform. At Monarch, our plan is to bridge the gap between space cryptocurrency and traditional market payments platform. Monarch Wallet is an all-inclusive app including cold wallets for proper cryptocurrency storage and hot wallets for instant transactions and unique payouts operability, such as subscription payments and installments plan. We want to bring the adoption of blockchain to speed with an all-in-one user experience for all your payments and portfolio management needs.
Monarch Token Vision And Mision
We believe that the ins and outs of cryptocurrency are barriers to entry for widespread adoption. Security, privacy and transmit cryptocurrency transaction speeds its traditional fiat counterpart. However, the complexity blockchain technology and a non-intuitive user interface keeping beginners receive cryptocurrency as a form payment. We believe in the current cryptocurrency payments choice platform for consumers and merchants
has no important features and functions when compared to traditional fiat payment platform. At Monarch, our plan is to bridge the gap between space cryptocurrency and traditional market payments platform. Monarch Wallet is an all-inclusive app
including cold wallets for proper cryptocurrency storage and hot wallets for instant transactions and unique payouts operability, such as subscription payments and installments plan. We want to bring the adoption of blockchain to speed with an all-in-one user experience for all your payments and portfolio management needs.
Monarch Exchange will allow merchants and consumers to exchange cryptocurrencies on an internal platform,
with little effort. A 0.2% fee will be charged to the recipient of each transaction, but the user can use Monarch
Utility Token for 50% discount on trading fees, similar to BNB Finance tokens. Thus, the cost is reduced to
0.1% when paying with Monarch Utility Tokens (MT).
As regulatory guidelines permit, we plan to integrate fiat support into the Monarch Exchange. Users will be able to
easily trading traditional cryptocurrency and fiat (both for buying and selling).
Monarch payment management will actually revolutionize payments for multiple industries. Specifically, we are
the unique payment/payment plan structure will have an impact on various industries. Not only will Monarch
ecosystems support peer-to-peer transactions but also business-to-consumer payments. Industry in need
recurring payments include:
• Rent / Mortgage
• Video services (HBO, Netflix, YouTube Red, CBS all Access)
• Music services (Apple Music, Spotify)
• Newsletter (Forbes, Bloomberg, CNBC)
• Donation (Patreon)
Monarch Security Token vs. Monarch Utility Token
In the current regulatory environment, it’s more important than ever to distinguish between security and utility tokens. If a token derives its value from an external/tradeable asset, it is classified as a security token. Utility tokens, also called User Tokens, represent future access to a company’s product or service.  Because of its complex ecosystem, Monarch and its users all benefit from having a two-token system. The Monarch Security Token (MTS) will be backed by silver assets, therefore classifying it as a security.
Just as BINANCE created BNB Tokens for a 50% discount on its exchange fees, Monarch Utility Token (MT) offers a similar mechanism to its users. Monarch Security Token (MTS) - Total Supply 500 Million Tokens • 50% dividends distributed to MTS Holders via Monarch’s hot wallet • 10% of Token Generation Funds raised will be used to buy silver assets • 10% of consumer-to-merchant transaction fees will continuously be used to purchase silver until every security token is backed by 1 oz of silver • 1-to-1 airdrop of Monarch Utility Tokens (MT) post-Token Generation Event • 500 million Utility Tokens will be airdropped in a 1-to-1 ratio to MTS Holders • Limited to Accredited Investors Only Monarch Utility Token (MT) - Total Supply 1 Billion Tokens • 50% discount on Monarch Exchange trading fees • 50% discount on consumer-to-merchant transaction fees • Medium for MTS dividend distribution
The Monarch Hot Wallet allows users to transact instantly and enables them to send recurring payments inside the Monarch ecosystem. The Monarch hot wallet also integrates with Merchant plug-ins for content management systems like WordPress and Wix. 50% of all Monarch Hot Wallet transaction fees will be distributed to MTS holders in the form of Monarch Utility Tokens (MT). All coins that are listed in the Monarch Hot Wallet will have a pairing on the Monarch Exchange. (for example, BTC/MT and ETH/MT will be listed on the Monarch Exchange). Once a week, 50% of all transactions fees will be exchanged for Monarch Utility Tokens (MT) inside the Monarch Exchange and distributed proportionally to all holders of Monarch Security Token (MTS).
Example: If 1000 BTC was transacted in the Monarch Hot Wallet ecosystem in the last week at a fee of 2%, then there will be 20 BTC in total transaction fees. 50% of the total transactions of 20 BTC will be distributed among MTS Holders. The 10 Bitcoin collected from the transactions fees will be used to buy Monarch Utility Tokens in the Monarch Exchange and then distributed among MTS Holders. Additionally, 10% of the 20 BTC collected as transaction fees will be used to buy silver as an asset backing behind the Monarch Security Token. This leaves 40% of the transactions fees to promote development for Monarch. The Monarch Dividend Structure will promote usage and growth inside the ecosystem. Transacting Monarch Utility Tokens (MT) inside the Hot Wallet infrastructure will give users a 50% discount on transaction fees when used with merchants and completely free when transacted peer-to-peer.
Monarchtoken is supported by large and successful companies such as Bancor network, Genesis vision, and others.
For distribution of MONARCH tokens are divided into several distribution groups as described in the following table:
MONARCH TOKEN REVIEW...!
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