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The MonetaryCoinSeries

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The MonetaryCoinSeries: Real world economic datameets the digital currency space with distributions of MERO and MCHI

ERC-20 (EIP-20) complaint digital currency with (1) proof of stake forging (2) an econometric oracle for forging supply governance (3) elective AML-KYC for transactions.

 

The MonetaryCoin Seriesseeks to integrate cryptocurrency with real world economies by bringing the practice of monetarism into the realm of cryptocurrency. Two members of the Series have announced initial coin offerings: MonetaryCoinERO (MERO) for the Eurozonen andMonetaryCoinCHI (MCHI) for China, respectively. For more information and to join the ICO AML-KYC white listplease visit https://www.monetarycoin.io.

 

Although on the way to maturity, cryptocurrency payment systems have by no means been fully adopted which is one of the reasons for the emergence of MonetaryCoin. The digital currency is designed to be a value added supplement to the existing supply, allowing domestic residents and central banks a new tool to understand market forces.

 

MonetaryCoin will serve as a simplified alternative to domestic fiat, offering residents the freedom to do away with the short-run decisions of their central bank while retaining money connected to the long-run progress of the national economy.

 

Unlike many other digital currencies and initial coin offerings, MonetaryCoin is being launched with a specific purpose as it is designed as a value-added companion to an existing money supply, not an outright replacement to the existing system. This claim is substantiated by the fact that the starting number of coins being capped at not more than 1% of the current M2 per country.MonetaryCoin Euro (MERO) and MonetaryCoin China (MCHI) are each in distribution now, with a total planned supply of 112.8 billion MERO and 1.74 trillion MCHI respectively.

 

Some of the features that stand MonetaryCoin out from other digital currencies include connection with GDP of respective national economies for price stability, cost-effective forging of coins for a fairer and more inclusive coins allocation, AML-KYC, and a solid foundation for the maintenance of the system.

 

More information about The MonetrayCoin Series and how to be a part of the groundbreaking innovation can be found on their Website.

 

About The MonetaryCoin Series

The MonetaryCoin Seriesis an innovative set of digital currencies that each feature (1) an econometric oracle to determine the supply of coins available for forging (2) elective AML-KYC transaction by transaction and (3) proof of stake forging.

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