Monet

  • Start: 16th Sep 2019
  • End: 27th Jul 2020
  • Website: monet.network
  • Whitepaper:
  • ICO links:  

The peer-to-peer economy, where individuals are both consumers and providers of goods and services, is paradoxically built on centralised client-server infrastructure. Attempts at moving these services on public blockchains, to mitigate the trust factor, are very inefficient because they require every node, across the world, to process everybody???s commands. Part of the problem can be addressed by designing more efficient consensus protocols, but the idea of implementing localised services on a global public network is fundamentaly flawed. We suggest a system, based on mobile ad hoc blockchains, whereby groups of people involved in any task or activity can effectively form temporary networks, with their mobile devices, and coordinate themselves without delegating full responsibility to trusted third parties. Users only connect to people they need to be connected to, based on service and location, for the duration of their interaction. The system initially relies on Babble, a consensus module suitable for mobile deployments, and the MONET Hub, a public blockchain providing infrastructure services.

Giacomo Puri Purini
Co-founder and CEO
Kevin Jones
Software Developer
Ronan Lynch
Software Developer
Danushan Kumanan
Software Developer
Jon Knight
Software Developer
Mauro Martino
Advisor
Mark Stuart Day
Advisor
Abdi Hersi
Advisor
Token : TENOM
Platform : Separate blockchain
Type : Utility
Price in ICO : $?1.54
Bounty : Available
Tokens for sale : 7.00M
Country : Switzerland
Accepting : ETH, CHF, USD
Hard Cap : $?10.80M
Distributed in ICO : 40%
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