FAQs

Question: What is the Monartis project?
Answer: Monartis sees the launch of a new, easy to use digital currency. So simple to use, in fact, that it’s intended that it will be possible to spend the currency online from the day of release in a dedicated online store. Designed for mass market adoption, the Monartis eco-system will be developed to provide a user-friendly environment for consumers, retailers and service providers. Our Monartis Fast Checkout app will have the potential to reduce online checkout times by almost 90%, helping to save both consumers and retailers valuable time and money.
Question: What is being launched?
Answer: On launch day, it’s intended that access will be provided to an online store, together with an associated currency. It’s also intended that it will be possible to spend the dedicated currency within the online store. Beyond the launch date, we have a number of planned applications, features and projects that we hope to launch.
Question: Why are you launching a store?
Answer: We believe that many digital currencies are currently little more than “stores of value”. They are not being used on a daily basis by consumers, retailers and service providers. By launching an online store that accepts digital currency payments from the outset, we aim to make the first step on the path to providing our currency as a mainstream means of payment. It’s also our aim to demonstrate “proof of concept”, as part of our objective to bring other retailers and service providers on board.
Question: Can I help with funding the project right now?
Answer: It’s not possible to make a contribution until the Early Funders crowdfunding stage opens, which is scheduled for December 2017. Prior to this point, you are able to register an interest in the project, ensuring that you will be alerted when the Early Funders crowdfunding stage begins.
Question: I would like more information on the project. Will this be available prior to the crowdsale?
Answer: Yes. At present, we are simply asking for expressions of interest. Prior to the Early Funders crowdfunding period, we will be providing a comprehensive whitepaper, including full Terms and Conditions, details of your rights and information on identified risks.
Question: Will be there be a minimum level of funding required in order to participate in the Monartis crowdfunding exercise?
Answer: Yes, a minimum level of funding equivalent to $10 will be required.
Question: If I participate in the crowdfunding exercise, will I become a shareholder in Monartis Holdings Limited?
Answer: No, contributors to the crowdfunding exercise do not gain any shares in Monartis Holdings Limited.
Question: I would like to participate in the crowdfunding exercise and anticipate using fiat currency to do so. Is this acceptable?
Answer: It’s intended that funders will only be able to make their donations via Bitcoin and Ether. Full information on how to participate in the crowdfunding exercise will be provided once the Early Funders crowdfunding stage begins.