I wonder how the Monetha team claims to be building a Decentralized platform when they censor and ban users who ask essential questions about the platform.
So I was surfing through Reddit today when I came across a post titled "Why Monetha is a terrible ICO, my post was deleted on their subreddit" (Link to post:
https://www.reddit.com/r/CryptoCurrency/comments/6wdg4d/why_monetha_is_a_terrible_ico_my_post_was_deleted/?ref=search_posts )
That post raised some thought provoking questions within me which I proceeded to ask on the Telegram channel. The team gave sketchy answers in a bid to evade my questions. When I insisted, They banned me. It's obvious they ban anyone who ask questions.
I only asked Why only 50% of the token MTH token supply is allocated to the ICO. The remaining 50% allocated to the team on top of the funds to be raised. With so much in the team's pocket which they can dump at will.
I agree with you here. The team seems to be great at marketing and knows what it needs to do to create hype (gains ton of advisors, videos, etc.). There have been a few examples of lack of transparency including yours. It's difficult to believe in their business model as a "decentralized trust and reputation" when they aren't always as transparent themselves.