Because MTH is an Ethereum ERC-20 based token it can be stored in any ERC-20 compatible wallet. The biggest challenge being faced by Monetha is the same as that faced by the blockchain ecosystem as a whole. Cryptocurrencies need to be demystified for the general public, and the association they have with criminal behavior needs to be removed. Monetha’s All Time High (ATH) of $ 0.647 was reached on 11 Jan 2018, and is currently -99.8% down. The table above shows the number of days which Monetha closed above a certain price level.

Monetha is based in Lithuania and the three founders have diverse backgrounds. Andrej Ruckij previously was the CTO and co-founder of a company called Wowtto which was an outdoor digital advertising agency. He had been working at Adform as a the VP of strategic initiatives prior to founding Monetha.

• There are also plans to introduce a 0.2% loyalty program for customers.
• That trust rating is used in the platform’s Trust Rating mechanism to create transparency.
• One of his other co-founders is Justas Pikelis who has also founded a number of other start-ups including UFO Favours and Stebink.
• An algorithm built into the system verifies each transactions as it occurs, and assigns a trust rating.
• The system has also been devised to keep scammers at bay, making the ecosystem more trustworthy for merchants too.

Monetha price in US Dollar has decreased by -26.80% in the last 1 month. Learn about the Ethereum blockchain which the MTH token is running on. MTH is an ERC-20 token which means it is running on the Ethereum blockchain. Monetha is of the belief that users’ control over their digital footprint can pave the way for a more equitable interaction between consumers and businesses, benefiting all parties involved.

Monetha is a unique solution to ecommerce problems, and as its influence grows it promises to be a disruptor in the space. One of his other co-founders is Justas Pikelis who has also founded a number of other start-ups including UFO Favours and Stebink. The final co-founder is Laurynas Jokubaitis who is also a founder of Wowtto and is a member of Forbes 30 under 30 for his work on blockchain technology and reputation systems.

Monetha priceMTH#2355

The first aim of the platform is to ensure real-time ecommerce transactions that remove third-party intervention. The second, and perhaps more important goal is to build a censorship resistant and transferable reputation that is reliable and based on user and merchant behaviors. CoinCodex tracks 42,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. The Monetha app is used to enter reviews and claims, and it stores all of this data on the blockchain. Customers are able to file a claim if they receive an item that is damaged, defective, or simply something they aren’t satisfied with and these claims will impact the merchant’s Trust Rating.

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Monetha was created to help merchants and consumers by building a platform that reinforces trust and reputation, leading to an increase in the satisfaction and success of online ecommerce transactions. All of that is combined with a payment gateway, and its all built with smart contracts on the Ethereum network. Monetha (MTH) is a merchant payment solution that’s designed to facilitate global commerce. It operates as an ERC20 token on the Ethereum blockchain and allows ecommerce store operates to accept payment in ether. Monetha also makes it easier for customers to pay for in-app services such as subscriptions.

In this Monetha review, we will take an in-depth look into the project and its team members. We will also analyse the underlying technology, use cases and potential monetha ico price for large scale adoption of MTH tokens. The platform’s defining characteristic is its low fees, which stand at just 1.5% which works out at 15 cents per $10 spend. The speed of transactions is another plus factor, with Monetha purchases clearing in around two minutes. Monetha’s current circulating supply is 352.09M MTH out of max supply of 402.40M MTH.In terms of market cap, Monetha is currently ranked #568 in the Ethereum (ERC20) Tokens sector. Monetha (MTH) is a cryptocurrency token built on top of Ethereum platform, launched in August 2017.

It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. Since completing the ICO, Monetha has been increasing the size of their team and they currently have 15 other employees who have experience in software development, customer support and marketing. One blockchain platform looking to take advantage of that growth is Monetha, the decentralized reputation platform. They are trying to increase the overall level of confidence and probability of success for any transaction. Monetha (MTH) is the #2356 largest cryptocurrency by market cap as of June 25, 2025, with a market cap of $373,391.87 USD.

MTH Price Statistics

The platform even makes it possible for merchants to refuse to sell to a customer if they feel their Trust Rating is too low. That trust rating is used in the platform’s Trust Rating mechanism to create transparency. All of the ratings are publicly visible, immutable, and granted based on user and merchant behavior. The longer the system is used and the more users the more accurate the Trust Ratings become.

MTH Price

Customers are able to find the most trustworthy merchants, and merchants can evaluate the credibility of their customers, something that hasn’t previously been possible. And as system usage increases the Monetha team has been able to fine tune the ratings to make them even more accurate and effective. Customers also receive Trust Ratings on the Monetha platform based on the number and size of purchases, as well as their review history. Reviewing transactions increases the customer’s Trust Rating because it increases their value to the platform.

Using smart contracts, Monetha harnesses a decentralized trust and reputation system (DTRS) that allows the buyer to assess the reputability of the vendor based on previous reviews. This makes it easy to review both merchants and customers, and to see the history of all such reviews, leading to a working Trust and Reputation System. The core of Monetha’s technology is its Decentralized Trust and Reputation System (DTRS). Built with smart contracts, it creates a reliable relationship between merchants and customers. An algorithm built into the system verifies each transactions as it occurs, and assigns a trust rating. It is looking to redefine the relationship between customer and merchant by solving the problems discussed above.

After the token’s launch on Aug 31, 2017, on the Ethereum platform, over 7,326 wallets have acquired MTH, with a recorded total of 89,403 successful token transactions to date. Ethereum blockchain uses proof-of-stake (PoS) consensus algorithm and battle-tested network of validators. To date, the Ethereum network has never been successfully attacked and is considered one of the most secure networks currently operating. Interaction with Monetha partners rewards users with points, with returns potentially reaching up to 70% of the purchase price. Interactions, as defined by the partner, can be transaction-based, like the traditional cashback on purchases, or activity-based, such as referring a friend. Steve has been writing for the financial markets for the past 7 years and during that time has developed a growing passion for cryptocurrencies.

Companies, in turn, equipped with your preferences, can better cater to your needs and earn your loyalty. It moved steadily lower throughout 2018s bear market and dipped under $0.02 in September 2018. Since then it has recovered somewhat and as of November 13, 2018 is trading around $0.048, which is still quite a bit below its ICO price.

• Interaction with Monetha partners rewards users with points, with returns potentially reaching up to 70% of the purchase price.
• These points can be redeemed for a wide array of rewards such as products, vouchers, crypto, or they can be used to unlock exclusive deals and offerings.
• As of Jun 25, Monetha has a market capitalization of $373.2 Thousand and is ranked #1888 among all cryptocurrencies.
• The speed of transactions is another plus factor, with Monetha purchases clearing in around two minutes.

Because everything is blockchain based security and anonymity are assured. And the system is global, executing on its own and without the direction of any centralized authority. Another cost that disappears is the multiple fees from third-party processors. Rather than 5%-20% in hidden fees, a Monetha transaction has a flat 1.5% transaction fee, and 0.5% of that is returned to Monetha stakeholders. There are also plans to introduce a 0.2% loyalty program for customers. The price of Monetha in the ICO was $ 0.18 and the token sale ended on Jan 1, 1970.

This makes it crucial for merchants to deliver properly the first time, or to make amends quickly if there is a problem with an order. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.

The system has also been devised to keep scammers at bay, making the ecosystem more trustworthy for merchants too. Traditional payment methods might mean it takes several days for a merchant to actually receive a payment into their bank account. Best of all, because it is tied to sales there’s no need to worry about false or malicious reviews. And you can display the trust score with you to any platform that supports Monetha, which already includes Shopify, Facebook Marketplace, Craigslist and many others.