Greetings All,
This is a follow-up to my latest post( https://steemit.com/cryptocurrency/@delu/monetize-to-the-moon). There has been developments since then which include a working internal exchange with minor bugs already fixed and the implementation of the Campaigning Program.
This is an interview with the CEO, Markus Green.
Here he answered questions of the little price swings that MNZ had when the internal exchanged launched ( Feb. 28th) without the Campaign program. Mr. Green explained that the early investors who bought in at $.35 cents saw profits when MNZ went to $3 and took it, that is why the price fluctuated to less than $1. But since the campaign has been announce for tomorrow, the price of MNZ is climbing slow and steady. Why slow and steady?? The point is to be a sustainable platform with steady growth. As seen with many other platform, the price of their coins rose too quickly which dictated an unsustainable platform.
After he talked about the updates, buying coins back (100,000 MNZ @ 1.37) in internal exchange, 6.8 million total supply, staking, campaigning, CMC, and much more about the whole platform.
Here is the latest notification from the MNZ( Mar. 12):
Dear Investor
Apologies for the delay in launching the campaigns, since the launch of our internal exchange our technical workload has increased considerably, as you know, the internal exchange is the most important part of a platform.
We have made a lot of improvements to our exchange since its launch but we still have much more to come.
We have noticed a trend with the price of the MNZ token, any amount of news we make public no matter how small, affects the price of the token, as a result of this we made a decision not to release more information until we had a big announcement to make and we could deliver it to all of our investors at the same time.
As much as we appreciate the confidence day trading on our platforms shows in us, we feel it is unfair to give anyone a specific advantage; so we are doing our best to ensure that this update reaches everyone at the same time.
As part of our token buyback policy, over the last week, we have managed to purchase 100,000 tokens from our internal exchange, we bought these at an average cost of $1.37, these tokens have now been verifiably burned.
You can view the burn transaction here, https://etherscan.io/tx/0x905cffa5afb2672fca4aaaf6f7b6fdfe884471481e80f8c76ae210e21f4bc865
The tokens have been sent to the address:0x0000000000000000000000000000000000000
This increases profit for you the investor, burning tokens decreases the total available supply. We have now burned a little over 700,000 tokens.
The campaign system will launch tomorrow at 5 PM GMT/UTC, currently, the campaign system is in a basic form, allowing you to launch campaigns and generate a daily income from your tokens using our web traffic monetization system.
Once we are happy with the way it all works we will start to roll out additional features and reporting. Along with excluding specific niches such as casino (as requested).
Unlike other platforms, we will not be doing any special campaign rates, after observing other platforms and how they have failed, it is clear that attempting to artificially manipulate the price of the coin does not work.
Our plan is to build a long-term sustainable business with steady and reliable growth, for that reason, our token price will always be pegged to the exchange at a true one-to-one rate.
To incentivize our users to use the campaign system we are running a special offer, from our marketing budget.
For every token you use in the campaign program we will enter you into a raffle for a chance to be one of ten people who receive an immediate $10,000 paid directly in BTC or Ethereum available for instant withdrawal.
We feel this method is much more sustainable as we can predict and budget our expenditure.
To begin a campaign with your MNZ tokens, take the following steps.
1.) Navigate to the campaigns tab on the MonetizeCoin backend.
2.) Enter a campaign name, this will allow you to easily track the profitability of different campaigns.
3.) Enter a value of the campaign funding, this will be the ad spend the Monetization engine will use each day when arbitrating web traffic.
4.) Click "Launch Campaign"
5.) Sit back and our system will take care of the rest; allocating funding to the Monetization Engine, managing the daily cash flow and returning a percentage of the profit to you each day.
We have also launched the currency converter, this will allow you to trade USD > Tokens along with converting Bitcoin to Ethereum and vice versa.
The launch date is the 13th March 5 PM GMT/UTC
The launch time in various time zones is as follows:
Greenwich Mean Time, GMT - 5 pm
Pacific Time, PT - 9 am
Mountain Time, MT - 10 am
Central Time, CT - 11 am
Eastern Time, ET - 12 noon
India Standard Time, IST - 10.30 pm
Indochina Time, ICT - 12 pm 14th March
Hong Kong Time, HKT - 1 am 14th March
Australian Eastern Time, AET* - 4 am 14th March
Philippine Time, PHT - 1 am 14th March
You can see that I am really bullish on this coin and platform. I am a true believer in this company. As you can see, there is a complete difference between this platform and the other platforms that crashed. You can see that they want to grow organically and take care of their investors as much as they can. I would be lying to you guys if I said that I didn't want the refferal sign-ups, but even though that can be partly true, this is more expanding the community of MNZ and allowing others to recognize good thing in the making.
If you're interested feel free to ask me anything about MNZ or if you want to help out to get out the word, please upvote or repost this.