⬇️ Nearly 30% Funded: Monetran ⬇️
$73k+ Raised | 186 Investors | $100 min. investment
Monetran combines blockchain technology and cryptocurrency to enable customers to transfer funds and send remittances faster and more economically than by traditional methods. View Offering
Deal Highlights
Their system is designed to cost 70% less than traditional money transfers, and to cut the time of delivery down from days to a mere 3-5 seconds
Monetran has developed Moneda, an asset-backed, redeemable, stable token. Moneda has been designed to maintain its value, making it a true store of value and a perfect medium of exchange.
The U.S. / Mexico remittance market is only one of many markets ripe for conversion to the Monetran model. Others include parts of Central and South America, India, China, and sections of sub-Saharan Africa. The worldwide remittance market is worth $700+ billion and growing.
Monetran’s system, which is enabled by the Stellar network, is built to enable transfers anywhere in the world in a matter of seconds at a cost that is approximately 70% less than traditional transfers.
The ability to make economical, rapid transfers is due to the efficiency of Stellar, which is nearly free to use with fees of a fraction of a cent per transaction.
• Monetran utilizes blockchain which reduces cost by eliminating intermediaries
• The Stellar network cuts transaction time from days to seconds
• The efficiency of the blockchain enables transfers for 70% less than competitors