What Is Monstock (MON)? Coin Review? Guide About Monstock

What Is Monstock (MON)?

Monstock platform that can predict the future price of investment assets such as stocks or coins and receive token rewards upon success. Prediction data is stored and made public in a blockchain, and hit rate statistics are provided for each author.

Monstock Coin is a prediction platform where you can be rewarded if you succeed in predicting the price of a stock or cryptocurrency. They provide reliable investment information using blockchain technology that cannot be forged or altered. Vote for posts you care about to get investment information and get token rewards.

Important Points Table Of Monstock Coin

How to Buy the Continental & Trade On Exchange?

Token Matrix

Reward Pool (60%)

Monstock Coin is used as in-service rewards such as success rewards, voting rewards, daily mission rewards, and revenue verification rewards.

Sale and Liquidity Pool (10%)

It is used for sales such as private sale and public sale, and some is used to provide liquidity to the CEX and DEX markets.

Team Pool (10%)

The amount allocated to the team. It is used for rewarding team members for stable operation of the platform and attracting talent.

Partners and Advisers Pool (5%)

Monstock Coin is the amount allocated for partners and advisors and is used for advisor recruitment and partner agreements.

System Structure

Monstock is a blockchain platform based on Klaytn developed by Ground X, a blockchain affiliate of Kakao. Compared to Ethereum, it is a network that has many advantages such as faster speed and lower gas cost and offers the best features for a platform. The development platform may change depending on the future direction of The service and the circumstances of the developing company.

Monstock’s Solution

Fair Evaluation and Reward

Monstock Coin evaluation of investment forecast information is based on clear figures. For example, domestic stocks use real-time market prices on the Korea Exchange, so they are always fair in terms of forecasting stock prices and actual results. Individual evaluations are accumulated by the subject of the information to provide hit rate statistics.

Investors can check statistical information classified by the subject of the information, recognize the expected hit value, and view the information. The reward is also distributed based on the evaluation result. For higher hit rates, more rewards will be granted to main fair rewards.

Token Economy

Monstock avoids hyper-inflation and hyper-deflation for the expansion and sustainability of the platform and designs the token economy so that the value of the platform and token can grow in a balanced manner.

sMON

They are tokens used only within Monstock Coin platform and are default currency paid according to platform contribution, such as reading content, etc. They are non-cryptocurrency stored off-chain for ease of use and can be converted to the token at a ratio of 1:1. sMON has a validity period of six (6) months from the time of issuance or conversion is retired after the validity period.

Monstock Token (MON)

They can be converted by using sMON or obtained by purchasing through exchanges, and are cryptocurrency that can be freely transferred and traded through personal wallets, exchanges, etc. They can be converted to sMON for use within the Monstock platform. They are Klaytn Compatible Tokens issued using Kakao’s Klaytn network.

Monstock Wallet

It is a cryptocurrency wallet included in the Monstock Coin service. Participants can store The tokens and Klaytn in the Wallet. Voting power (VP) can be obtained depending on the token’s retention amount.