Monetha : Its bigger than I think

Monetha : Its bigger than I think. When I first investing in Monetha, I thought Monetha was just ecommerce with Blockchain (Ethereum) based payment gateway and have decentralise trust and reputation features as extra. Turns out I’m wrong, when Monetha release beta version of its Decentralise trust and reputation Android and IOS apps, I just realise how wrong am I. Before I explain this, lets understand 3 Monetha main features : Ethereum-based payment gateway. Decentralise trust and reputation. Ecommerce, online marketplace. Monetha currently, have working MVP of ethereum-based payment gateway which you can setup into your ecommerce website and start receiving ethereum as payment. (for testing only) But its not just payment gateway. Monetha build decentralise trust and reputation system on top of it. When customer make payment, they can rate you which give you ratings and reputations. Monetha plan to integrate this reputation system in any online marketplace. Monetha make payment gateway more beneficial to merchant. This reputation system definitely benefit SME as they could easily gain trust from consumer without spending much on marketing. But thats not all yet. While Monetha just good enough as payment gateway and decentralise reputation system, they make a step further to bring this feature to C2C segment (consumer to consumer). This how, Monetha could be game changer. By Monetha, everyone can make their own profile. But it doesn’t just showing your reputation, Monetha next feature, will integrate this profile with ethereum payment gateway. Your profile now works as your Wallet which you can send or receive payment. This perfect combination of Decentralise trust and reputation and Ethereum payment gateway actually can turns Monetha into Ebay + Paypal + Escrow in one place. If you want to make any transactions online like selling or buying pre-owned item, you no longer need Ebay to advertise, Paypal to make payment and Escrow to secure the deal. Monetha solve all of deficiency in Ebay, Paypal and Escrow in one simple solutions, brilliant and efficient method. All you need just make transaction through Monetha, and Monetha will act as middle man to secure the deal with just 1.5% transaction fee. If you still doesn’t get how it works. Here the simulation. A guy plan to sell his pre-owned PS4 Pro. He post his ads on twitter, and use Monetha to secure the deal. Think bigger. Imagine, with Monetha apps, transactions just could works anywhere in any website. You can place your ads on facebook, twitter and craigslist or thousands of online marketplace out there, when you got a deal, skip Escrow and Paypal, and secure the deals using Monetha. Monetha is the next Escrow but at a fraction of cost which made possible by Monetha by solving the trust issues and becoming the payment gateway itself. I finally understand Monetha vision of having decentralise trust and reputations system, seeing how much this solves current problems, i believe this feature actually could be bigger than Monetha 3rd features, ecommerce marketplace. What’s better, its actually could grow itself without much marketing, since the demand will came by both ways either from buyers or sellers. I can clearly how network effect could make Monetha bigger than any ecommerce marketplace even without being one by simply become intermediaries. Unfortunately current apps version still not have ethereum payment gateway. But surely it will come soon since Monetha already have working web version payment gateway. Once its out, surely Monetha revolutionise the way consumer do transaction online. You can download Monetha Android and IOS apps to see how it works.