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Monoreto (MNR) ICO Review – ICO Token News

Monoreto – a new generation social network

 


Overview

Our product has been designed to solve the problems had by all three social network user categories. The Monoreto team offers an innovative platform that help all its users earn from using it. Monoreto is a blockchain-based social network where everyone can get rewards for their unique content. How? It’s all very simple. Every like will bring the creator of the photo or video liked at least 5 cents in Monoreto tokens. Professional bloggers will easily be able to join our social network and earn additional money and users who create quality content but have not received any monetary reward for it can start getting a regular monthly income. Monoreto encourages people to create quality photo and video content and enables talented users to earn from what they produce and be motivated to create more. The most popular content will be highlighted in the Monoreto newsfeed and allow content authors to expand their audience. Monoreto will help raise funds for charity. For the first time, likes can end up helping save someone’s life or make their dreams come true! The platform can also help raise money to implement business ideas.

Why would a user pay to like photos?

Liking content published on the social network rewards and promotes the author of that content and promotes his account in the newsfeed. The more likes a user gives, the higher his photos will be displayed in the feed. In liking content, every user participates in a competition of predications. Victory or a high ranking will guarantee a solid cash prize. Predications are accepted in every category that content on Monoreto is divided. The top winners (those who have given the highest number of likes) in each category will receive prizes. Monoreto will make it possible to effectively promote brands and companies. Annoying ads won’t be needed anymore! Now all that needs to be done is to post quality content in relevant categories and attention from users participating in the prediction contests is guaranteed. Promotion can also be paid for by tokens.

Effective Method of Keeping a Blog

Creating original content takes a lot of time and effort for bloggers. The main source of monetization of resources used by them remains advertisements for goods and services. But ads often come across as annoying or are met with the decision from subscribers to “Unsubscribe!” Sometimes bloggers, especially those with a small audience, end up having to advertise questionable goods and services in order to make money. Monoreto helps bloggers free themselves from dependence on advertising since popularity is something that will also result from a large number of monetized likes. Monoreto also helps foster relations between bloggers and subscribers with less annoying advertising in posts and a more loyal audience. This all goes for live broadcast videoblogs as well as regular blogs. The majority of bloggers have live broadcasts and get a large number of likes for them. Even though some services like Twitch give the opportunity to include Internet resources for monetization of the stream, Monoreto offers its own solution to give rewards from subscribers to bloggers in the form of a backed cryptocurrency.  The ICO countdown has already begun for this token.

Business Advertising

The modern reality of promoting a business goes beyond classical advertising tools like billboard ads and TV commercials. Even contextual banner ads and YouTube commercials are losing their effectivity. Users install programs that block ads and skip through commercials after 4 seconds even if they give interesting information in a quality format. If a business wants people to talk about it today, quality and interesting content that will be popular needs to be created. Users will distribute content they come across on the network themselves and businesses won’t have to pay for ads directed at consumers. But at the beginning even very interesting content requires both support and circulation.

Crowdfunding and Procurement of Financing

Since the mid-2000s there have been crowdfunding platforms that offer financing opportunities to start-up businesses and projects by collecting funds with the promise of compensation in the future. The Monoreto social network will offer fast and user-friendly attraction of funds for companies through the monetization of likes. Every Monoreto user can take the role of professional investor, selecting companies and projects and investing MON tokens for development of the business. Monoreto will help transform investment from a complex and bureaucratic process to the simplicity of just liking a company and automatically transferring MON tokens. Companies will be able to carry out business and advertise on the social network (as is the case with other social networks) and also attract real investment for development and communication with investors, making mutual agreements based upon results of profits from invested funds.

Token

  • Pre-ICO start and finish dates: 10 May 2018 – 10 June 2018
  • ICO start and finish dates : 15 August 2018 – 30 September 2018
  • Token Supply : No more than the hard cap
  • 23% to initial platform users
  • 11% remains the company’s share
  • 3% used for bounty prizes
    • 63% to crowdsale participants’

Team

  • Kirill Granev
    Kirill Granev
    Kirill Granev
    CEO, co-founder
  • Artem Vishenin
    Artem Vishenin
    Artem Vishenin
    Co-founder
  • Mikhail Sochivets
    Mikhail Sochivets
    Mikhail Sochivets
    CTO
  • Valentin Nagovitsyn
    Valentin Nagovitsyn
    Valentin Nagovitsyn
    Art Director
  • Konstantin Modestov
    Konstantin Modestov
    Konstantin Modestov
    Software Architect
  • Dmitriy Torshin
    Dmitriy Torshin
    Dmitriy Torshin
    Blockchain Developer
  • Andrey Vinnikov
    Andrey Vinnikov
    Andrey Vinnikov
    Chief Developer

Milestones

  • 1
    Q2 2017
    Research needs of market.
    Research of platform launch on the international market.
    Creation of draft platform design.
  • 2
    Q3 2017
    Development of marketing innovation mechanism inside platform Monoreto.
    Resolving questions of technical realization of the platform and its scaling.
  • 3
    Q4 2017
    Preparation to blockchain technology use in project.
    The beginning of work on Whitepaper.
    Engagement of consultants.
    Project introduction to potential users.
    Development of ITO campaign for raising funds.
    Overview of technological solutions of the platform and its positioning.
    Development of media plan and marketing research.
  • 4
    Q1 2018
    Beginning of marketing campaigns on tokens sale.
    Organization of Monoreto’s community.
    Presentation of project and integration into mass media.
  • 5
    Q2-Q3 2018
    Presentation of functional core of platform.
    Start of fund raising to bring product to world market.
    Presentation of project to holders of tokens at international level.
    Completing distribution of tokens.
    Beta-version of product.
  • 6
    Q4 2018
    Monoreto Investment.
    Launching escrow system.
    Smart contracts within the platform.
  • 7
    Q1-Q3 2019
    Unlock 20% of tokens for first users from platform development fund.
    Designing effective smart feed tools to promote users.
    Developing mobile application.
    Translation to additional languages.

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