Digital Note Review: MONKEY (MNY)
MONKEY (MNY)(CMC UPDATE IN PROGRESS)
MNY is a proof-of-value synthetic Blockchain digital note. It re-exchanges with FUTR and FUTX, which are backed by ETH via smart contract.
21,000,000 MNY / CYCLE
Issuances are broken up into mining cycles. For MNY, the first cycle consists of 21,000,000 MNY digital notes being mined.
BTC PRICE HISTORY
The Mining Schedule for MNY follows the historic pattern of Bitcoin starting from 2009 and ending in June 2018.
AT HARD CAP LIMIT
1 MONTH FOLLOWING 21,000,000 MNY ISSSUANCE
After the 1 month swap period, a new synthetic mining cycle begins again.
UNIT OF PURCHASE & RECEIPT
MNY can be purchased directly with ETH via a specialized mining application which is very easy to use. To see how this works go here and to access the mining application go here. Mining this currency via smart contract in ETH takes less than a minute and is addictive!
MNY extracts a fee for both FUTR / FUTX employed in mining its contract which is removed at source. An additional percentage of all FUTR / FUTX is removed after the swap period closes for all currency that is left in the MNY contract.
MNY has an incredibly powerful mining application built for ease of use and consistently inflates in value. All calculations on returns are inclusive of fees in the White Paper and many target over multiple thousands of percent returns right up to 1 million plus percent returns in underlying ETH. This is a premium product for Blockchain investors who understand that ETH was a unit of currency never meant for constant everyday use (that was ETC). MNY will become a revolution in Blockchain finance as it gradually emerges that this cash inflates the same way in value every single synthetic mining cycle that ETH is mined into it. We gave the code a 5/5 for maximum flexibility and security along with the product design an additional 5/5, which is alarmingly simple. What could be more simple after all than 2,800+ tiers of notes sold at the same prices as the price of the largest crypto in the world: Bitcoin’s price history. In other words, what could be better than acquiring the most lucrative investment in history over and over again and getting more than your money back at the end? Bound to be a winner!