The advantages of the Monoeci platform compared to other platforms; Transactions and your personal data are protected through encryption, Monoeci Services are available for free without any involvement, Your funds are protected by blockchain security that cannot be solved and your Fund is also an investment in long-term and meaningful projects.
I think the biggest advantage of Monocei is not the coin itself. There is plenty coins outhere that do better. In my view the best that you find with Monocei are :
- location : Monocei is the most trusted financial hub in the world . You won't run a joke project from a place where 1 bed flat cost 5 mln $ or most of the residents are millionaires . The cash potential is huge .
- security : this is not guaranty but i don't see any risks with those guys behind the project. First the background the team has and the place where they are inspires a lot of trust to me.
- communication with the local government : while it's clear this project has nothing to do with the government, I love the formal way this is led in terms of consulting and taking advice from the council and also the ATM plan. I believe those guys are already known by the official there and who knows, maybe will get a bit of support to spread the local adoption .
Disadvantage :
To me (and if the team read this) the swap to a smart contract option may not the the biggest deal out there. I mean the idea of smart contracts is now picked up by so many big projects that I don't see the impact Monoctei will bring there. Also the future of ICOs and smart contract to me is not clear. I's rather say the team should focus on Monocei as cryptoconcurrency . To make it the next Dash (dream big).
I am not a specialist nor I try to inflate the price but to see this project at this price is just a joke. Shows me one project with this market cap having the points described above ?
I don't understand the mostly positive opinions here. It feels like every day I have to make the rounds on the internet explaining that a successful coin is not one that gains value, the success of the community/country is what matters, and that often happens with a devaluation. A few other projects have understood this and try to separate the payment system from the "store of value", certainly it is very difficult to have both, almost impossible. You are all speculating, aren't you, hoping to go 2x or 10x and sell. I don't think the coin has had any serious software development behind it, and if we are talking business development or even government development, I don't see why anyone would limit their use of crypto to Monoeci. Even the owners of the Monoeci ATMs, if they have any brains, will enable them for other crypto too, and shops and government who will accept this coin will have every reason to press a couple of buttons and accept many other coins. It would be fun is the gov converted every other crypto to Monoeci, but it is going to convert everything to Euro, after all it is a success story for Monaco and it's strong economy, why fool around?
We also have the Electroneum case where their team and budget is bigger and they go around trying to do deals in England, but they still have managed to do a bad job with the software and with the price. So no guys, nothing about the project's value is clear, even if the get the government to adopt it.
I don't speculate in anything nor it's about 2x or x10 to sell it. To go per bullet points :
-500k of cap
-coin with management that have degrees and respectful background
-great financial hub location with strong wealthy community / maybe the best
-relatively good tech-performance for the coin itself and good paperwallet/wallets and other tools
-involvement of the gov
this you compare with the rubbish projects out-there that have :
no sign of the dev/dev ID
If Dev come with public faces then I won't compare a group of enthusiast from any country with this group from Monaco . The project lives also per trust. Yes believe me. If you have a super great project but you are a group of devs from Sofia, it's not the same as being from Geneva for instance . So yes , the location and the CV does matter otherwise the Credit Suisse would have been less successful . They do nothing more different that another Bank in Poland or in Russia.
Do you know what it is to live in Monaco as a millionaire and to know the the Monoteam works in the next build in front of your flat. In Monaco even if 1% of residents invest in this coin, we can expect 100x . This is a super small city with millionaires and billionaires everywhere that know or can meet the team and this make a HUGE difference.
Anyways, do what you want , go invest in your 1mln cap coins while if you compare this to Dash, I mean don't do it. This is like comparing USA with Madrid : nothing to do with each other.
Actually devs from Geneva means nothing. We know very well eastern europeans are superpowers in informatics olympiads, hacking and everything in between. We also know devs in Geneva get paid a minimum salary that can make them millionaires in a decade, usually to watch paint dry. If you could point to something the devs actually DID, that would be something.