MONEYNET, one of the most prominent crypto online communities in South Korea, is an incentive-based cryptocurrency community. We are providing crypto-related information for 100k+ users.We are currently in the process of our new project, applying blockchain technology into our website and developing MONEYNET website as an incentive social media platform. We are aiming to return 75% of total profits back to the content creators through the decentralization of social network
Crypto Community MONEYNET launch (https://www.moneynet.co.kr)
Book publication & book concert for beginners
MNCY PTE.LTD. established
Partnership with Waltonchain, Blockchain Lab, BlockForce.Network
Token Sale START
Token distribution / Listing on exchanges
WTC Protocol Development / MONEYNET platform development / Mobile app renewal
Beta-version release / Listing on major exchanges
Official version release / Data migration /Token swap for existing members
MONEYNET is an incentive based cryptocurrency community where members can share investment information and acquire a reward. Members can freely share information such as cryptocurrency chart analysis, Altcoin buy/sell target price, promising ICO recommendations and get a reward as other members who think the information is valuable. Unlike other communities where members cannot get rewarded for sharing information, MONEYNET has a distinct feature that gives users an opportunity to receive a monetary reward (cryptocurrency) depending on how many other members like the information.
Namely, MONEYNET is a community website that
1) Integrates all cryptocurrency investment information distributed through Twitter, Telegram, Reddit, Trading View and etc.
2) Is similar to Steemit but has a more systematic and improved rewarding system.
We are providing crypto-related information for 100k+ users and our monthly active users are around 850,000.
We are currently in the process of our new project, applying blockchain technology into our website and developing MONEYNET website as an incentive social media platform. We have noticed that in the current social media platforms, only 20% of the total profits are back to the content creators, which generates the unequal distribution of values created.
To solve this problem, we are aiming to return 75% of total profits back to the content creators through the decentralization of social network. Content creators will receive the most of donations from users.
In addition, we will be launching MONEYNET’s own token named MNC on this August. Users can receive MoneynetCoin(MNC) as a reward for sharing valuable information. The amount of MoneynetCoin(MNC) to which users have access will depend either on other user’s likes or MNC, bought directly from crypto exchanges. Users may also freely transfer tokens to other members in the community. With MNC, we are planning to provide MNC PAY service to enable AD platform, ICO rating service, and various contents.
Most of our team members reside in South Korea, some members are spread throughout the world. We were all brought together with one purpose: to make a cryptocurrency platform that can return a monetary reward to users.
The risks are market acceptance, competition, perception, awareness and technological development delays.
Market Acceptance - Currently, many regulators tends to take more positive stance on cryptocurrency/blockchain. However, banks, brokerages and financial industry try to emphasize negative aspects of cryptocurrency/blockchain and resist to adopt crypto/blockchain related technologies.
Competitors - There is no competitor at the moment. However, there is a possibility that new platforms with the similar concept may emerge in future. Since we are the first incentive-based platform in South Korea, we anticipate to take a leading position in the market.