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Monetha

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Monetha
Public
Traded asMTH
IndustryFintech/Reputation
FoundedJanuary 5, 2017; 2 years ago (2017-01-05) in Vilnius, Lithuania
Founders
Headquarters,
Area served
Worldwide
Key people
  • Andrej Ruckij
  • Justas Pikelis
  • Laurynas Jokubaitis
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Monetha (/ˈmɒnt.hə/, abbreviated as MTH) is a blockchain company creating a universal, transferable, immutable trust and reputation system combined with a payment solution.[1] MVP update (Minimal Viable Product) has been released on January 19, 2018 and the first product version was released on March 31, 2018.[2] Monetha Mobile App public beta version was released for iOS and Android devices on June 4th, 2018 with on-going weekly updates.[3][4] Monetha co-founders Justas and Laurynas have been nominated in Forbes 30 Under 30 lists[5] and the company named as one of the boldest in blockchain.[6][7] Co-founder Laurynas has been inducted in 25 and Under in Northern Europe for innovation in technology.[8][9] In August 2017, Monetha had one of the most successful and fastest ICOs (Initial Coin Offering), raising 95000 ETH in 18 minutes, which at the time was equivalent to 37 million dollars.[10] Monetha team includes Eric Duprat, a former executive at PayPal.[11] Monetha's merchant partners include Pigu Group, the largest online retailer in Baltic States,[12] and Foodout Group, a food delivery company in Central Europe.[13]

References[edit | edit source]

  1. "Monetha's explainer". Monetha. 2018-01-08. Retrieved January 15, 2018.
  2. "Interview with co-founder Justas Pikelis". Cryptovest. 2018-01-10. Retrieved January 16, 2018.
  3. "Monetha Mobile App Google Play". Google Play. 2018-06-04. Retrieved June 15, 2018.
  4. "Monetha Mobile App Store". App Store. 2018-06-04. Retrieved June 15, 2018.
  5. "Forbes 30 Under 30". Forbes. 2018-02-04. Retrieved June 15, 2018.
  6. "Forbes Boldest Blockchain Companies". Forbes. 2018-06-06. Retrieved June 15, 2018.
  7. "Monetha profile by Forbes". Forbes. 2018-02-04. Retrieved June 21, 2018.
  8. "25 and Under in Northern Europe". Nordic Business Forum. 2018-05-31. Retrieved June 15, 2018.
  9. "Vitalik and Laurynas nominated". ambCrypto. 2018-05-31. Retrieved June 21, 2018.
  10. "ICO completed in 18 minutes". Steemit. 2017-08-31. Retrieved January 16, 2018.
  11. "PR: Former PayPal Exec Joins Monetha". Bitcoin.com. 2017-07-31. Retrieved January 16, 2018.
  12. "Monetha signs a partnership deal with Pigu Group". the-blockchain.com. 2017-08-24. Retrieved January 16, 2018.
  13. "Monetha signs a partnership deal with Foodout". the-blockchain.com. 2017-09-08. Retrieved January 16, 2018.

External links[edit | edit source]

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