About six months ago I wrote an article about the Monaize dICO delay. When they originally announced the start dates of the dICO there was a lot of interest. They had a stress test for the dICO app at that time and it did not meet expectations. As a result they retracted the dICO start date and said they will work to fix the issues and announce a new start date when they were ready Since then they seemed to have dropped off the radar. At first there was a flurry of posts and updates regarding the delay and what they were doing to resolve it, but over time their social media accounts went, for the most part, silent. It seemed as if they had disappeared.
There was very little activity and then on May 10th they posted an update saying they were still around, then on the 11th another one warning about a scam account that was impersonating them, and then the floodgates opened. They started tweeting again and they started releasing new information!
There's a new wallet, they have had a successful test of the new dICO app/wallet and another round is scheduled for 5/26/2018. They have not announced the actual dICO yet but it is soon.
It's been a little frustrating following this project since its beginning, but the challenges they have overcome and the way they have done so are important. They have a solid team and I believe that they wouldn't be doing this now unless they knew they were ready.
Banking meets Blockchain has been their motto since its inception, and their goal is to provide mobile banking to the SME and Freelancer markets. They also will offer professional insurance: Public liability insurance adapted to the specific needs of the business and will let their customers access crowdlending solutions in order to finance their business. The final bullet on their website is their payment system via mPOS, SMS/E-mail, on site widgets for E-commerce offering. All of this and more information is available on their website. They have offices in the UK and will start there. I did not see any information about expansion beyond the UK. But anything is possible.
They have hinted that there were some regulatory hurdles to get over, and I suspect that this may have had something to do with the delay, but I have no solid proof. They are excluding citizens from the US and Singapore from participating. I understand this. If the US DOJ can reach across the water and get another country to arrest someone (Kim Dotcom) for an offense that was not committed in the United States and was not illegal in that country then I would be scared too. Go easy on them and buy your MNZ on an exchange.
This is all very good news. Nobody ever wants a project to fail and judging by all the negativity that flowed out after the initial delay there were many many people that were disappointed. It wasn't all negative, there were many people expressing their support as well.
I rarely know what the future holds and so far I have never made any predictions about a coins future value. I'm not going to start here, but I will say this: Monaize will be huge!
The dragon is stirring.
Website: https://monaize.com/#/uk
Whitepaper: https://monaize.com/assets/pdf/monaize_whitepaper.pdf
Twitter: https://twitter.com/monaizeuk
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