MonetaryCoin

MonetaryCoin

Created using Figma
Created using Figma
MonetaryCoin is an advanced cryptocurrency series named after a Nobel Prize winning economic theory called "Monetarism." How does it work? If the economy grows, then more MonetaryCoins are available to forge (i.e. mine). If a country or currency union reports GDP, it qualifies for a MonetaryCoin. For example, coins corresponding to China (MCHI) and the Eurozone (MERO) are available now. 100% of MonetaryCoin Euro (MERO) is available to the community: 10% via an initial distribution and 90% via forging.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • TokenJar
    MERO/WETH 5 months ago
    $ 0.0014
    $ 1.36
    -
    -
  • Nova Exchange
    MERO/BTC 6 months ago
    $ 0.0026
    $ 3.66
    -
    -
  • Freiexchange
    MERO/BTC 6 months ago
    $ 0.0530
    -
    -
    -
  • Nova Exchange
    MERO/DOGE 6 months ago
    $ 0.0001
    -
    -
    -
ICO
Jul 18, 2018
Dec 30, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
MERO
Company Details
Registered Country
Liechtenstein
Additional Details
Platform
Ethereum
Categories
Platform

About MonetaryCoin

МonetaryCoin is an advanced cryptocurrency series named after a Nobel Prize winning economic theory called "Monetarism." How does it work? If the economy grows, then more MonetaryCoins are available to forge (i.e. mine). If a country or currency union reports GDP, it qualifies for a MonetaryCoin. For example, coins corresponding to China (MCHI) and the Eurozone (MERO) are available now. How is it advanced? MonetaryCoin securely imports economic data (via an "oracle"), coin ownership determines forging power ("proof of stake") and one can choose to share personal information (or not) when sending coins ("AML-KYC"). A new foundation will be managing the development of the MonetaryCoin and oversees the oracle.

Features

How is it advanced? MonetaryCoin securely imports economic data (via an "oracle"), coin ownership determines forging power ("proof of stake") and one can choose to share personal information (or not) when sending coins ("AML-KYC"). A new foundation manages the development of the MonetaryCoin and oversees the oracle.

Technical Info

MonetaryCoin is compliant with ERC-20 (EIP-20) and has three key features and a supporting foundation. First, coins are forged via a Proof-of-Stake approach. Second, stakeholders may elect to add (and later delete) personal information to satisfy anti-money laundering, know-your-customer regulations. Third, once fully distributed, the rate of change in the supply of a MonetaryCoin parallels the rate of change in the GDP of a subject country (monetarism). Monetarism's limitations are well understood, and today most central bankers instead apply a variety of tools in pursuit of an inflation target, rather than the simplified money target only. The coin serves as a simplified alternative to domestic fiat so that residents may select away from the short-run decisions of their central bank while still retaining money tethered to the long-run progress of the economy. Because the starting number of coins is capped at not more than 1% of the current M2 per country, MonetaryCoin is designed as a value-added companion to an existing money supply.

MonetaryCoin Roadmap

  • October 30th, 2018

  • Elective AML-KYC Implementation
  • January 30th, 2019

  • Secure Oracle Implementation
  • July 30th, 2019

  • Negative (M5) mining finalization
  • August 15th, 2019

  • Finincial services integration POC
  • Read More
  • July 1st, 2020

  • Start of GDP forging

Activity

Activity:
30
VERY LOW
Posts:
47
VERY LOW
Views:
475
VERY LOW
Posts:
40
VERY LOW
Followers:
54
VERY LOW
Likes:
54
VERY LOW
Rating:
5
VERY HIGH
Followers:
61
VERY LOW
Tweets:
28
VERY LOW
30 Days Growth:
1
Year commits:
7
Watchers:
7
Stars:
10
Forks:
10
Open issues:
1

MonetaryCoin Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Pablo Cogan
Lead Developer
unverified
Mike Winston
Lead Research
unverified

MonetaryCoin Last News

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Coin Stats
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Market Info
Market Cap:
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Ticker:
MERO
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