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MONTE Token (MONTE) Review

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MONTE facilitates tourism activities through Monte Platform, a blockchain tourism ecosystem that enables tourists to enjoy services without cash. The token operates under the ERC-20 protocol and the Ethereum blockchain. MONTE guarantees the tourists transparency, anonymity, convenience, and security of funds. Users can receive and use MONTE as a reward or promotion and enjoy benefits as they explore tourism services.
MONTE/USD (-0.34%)
$1.66
November 10, 2023, 8:42 pm [UTC]

No rating available for new coins
Released on January 3, 2023, 12:00 am
New Coin/Token Warning!
This is a new coin/token that has recently been released by its creators. Therefore there is often only very little information known about the founders and they have no history showing their intentions, which could be both good or bad. The risks related to buying this is extremely high. We never give any recommendations or advise on what you should buy or sell. All information on this page should be considered for education and informational purposes only. Never risk any money that you can not afford to loose. Speculating in crypto currencies is related to extremely high risks and is not suitable for everyone.

Visitor Consensus on MONTE Token Today
Positive: 53.13%Negative: 46.87%
What's your view on MONTE Token today?
 
›› Trade MONTE Token here
Remember to never risk money that you can not afford to loose. Crypto currencies is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

 

MONTE is a token operating under the ERC-20 protocol for the Ethereum Blockchain. MONTE creates a blockchain tourism ecosystem where tourists can enjoy travel services without cash. MONTE guarantees that tourists can enjoy anonymous, transparent, convenient, and secure transactions. The token is part of creating a tourism marketing system contributing to the vitalization of the domestic tourism industry and local economy, creating a network of safety and convenience. The MONTE Token is allocated and unlocked for the marketing entities to vitalize the ecosystem.

 

A Bit About MONTE Token

It's a marketing solution for Industry 4.0 by complementing traditional marketing. Currently, the token is available in tourism services in six regions of two countries, including Korea and the Philippines. The token is utilized by several tourist companies that have partnered with the platform in Seoul, Busan, Incheon, Daegu, Jeju Island, and South East Asia. Tourists travel conveniently and safely using MONTE as it seeks to expand into the global tourism market. Monte Token is also a governance token where you can participate in governance through staking. You can also increase capital efficiency while receiving profit distribution.

An interesting new 'tourist token' to enable cashless holidays!CryptoLists.com
 

MONTE is an ERC-20 token and a native asset under the Monte Platform. This token has a maximum supply of 100,000,000 MONTE coins. It is utilized in a blockchain tourism ecosystem to ensure tourists enjoy travel services without cash. It guarantees secure, convenient, and anonymous transactions of tourists' funds. You can trade the token on popular crypto exchanges, including CoinW and BKEX. The token uses a peer-to-peer method to facilitate trade, thereby ensuring the safety and anonymity of MONTE Token distributed among users, tourism facilities, hotels, MICE, leisure, entertainment, and related companies. It uses this method so everyone can see how the token operates based on open-source code.

 

Utility of MONTE Token?

MONTE serves as the native utility token on the Monte platform, aiming to create a decentralized ecosystem in the tourism industry. Monte seeks to expand the ecosystem and solidify its utility functions through allocating unallocated partnership rights to technical support, marketing businesses, and ecosystem sponsors related to hotels, leisure, shopping, and casinos.

One primary use case of MONTE is the staking program. Users can receive a fee when staking and get compensation for liquidity mining when an order is placed at MONDEX, where a percentage of the order is shared between the liquidity provider and MONDEX. The program allows the staking of MONTE holders and reallocates revenue according to the staking ratio that activates the transaction.

Every sponsor and partner should participate in the staking program with 0.5% of the total MONTE Token, and they receive a distribution of the Monte platform's revenue. Staking MONTE allows sponsors and partners to strengthen their authority and attract and retain users. Staking will enable users to influence the selected partner's decision process and enhance the token's governance function.

You can also use MONTE Token to purchase services and products within the Monte ecosystem. MONTE allocated for marketing and incentives allows the ecosystem to be expanded and revitalized, motivating partners and users to participate.

MONTE is helpful in the Marketing Management Program as individual entities use the allocated tokens as promotions, rewards, and points in business activities in tourism service companies to increase the marketing effect of entities.

Also, the token has a use case in the Franchises Management Program, where it supports merchants in tourism to receive tokens according to the token distribution performance and use them to increase sales.

The token is also helpful in the Tourism Promotion Foundation, where 5% of this revenue from the Monte platform goes to the system. The token connects the profits through the application of new technology to the development of the Tourism industry.

MONTE Token Price details

ETH Contract address: 0x318Ee488AF8881f9945B6d3D69e8B395Fb559bB1
›› Details & Tokenomics



Very speculative and theoretical potential data
Last updated: November 10, 2023, 8:42 pm
›› MONTE tokenomics and social media
 

Advantages of MONTE Token

+ The Monte Token promotes tourism services without using cash.
+ You are guaranteed safe, anonymous, and transparent transactions.
+ MONTE can be staked to earn passive income.
+ Holders can participate in the platform's governance.
+ An interesting crypto in a cool niche with obvious utility.
 

Disadvantages

- It is not available on many exchanges.
- Faces potential competition from other Ethereum-based tokens.
- MONTE is still relatively new in the crypto industry.
- It's susceptible to price volatility due to market price fluctuations.
- Monte Token holders with more tokens can manipulate governance decisions.
 

Costs

▪ Rated at 8.5/10

Monte has costs depending on the service you choose; thereby, the cost of things varies. The token makes it easy for users to avoid using cash while getting their tourism services.

MONTE's prices when transacting and purchasing trade stocks through exchanges varies with your crypto exchange. It's run on Ethereum which is getting cheaper after its various upgrades.

 

Reputation and Buzz

▪ Reputation rated at 8/10
▪ Buzz rated at 8.5/10

MONTE continues solidifying its crypto world reputation by providing tourists with a cashless way to enjoy tourism and travel services. Token holders continue to anticipate the token's progress following its recent announcements of its partnerships and listings on popular exchanges.

Thus, users expect more incentives and revenues as the token continues to attract and retain users through the staking program.

The several use cases and advantages increase the token's popularity among crypto users. Tourists like that the token provides convenience, safety, anonymity, and transparency. The coin enhances its reputation despite being very recent in the crypto scene.

 

FAQ

Which crypto exchanges list MONTE?

You can access MONTE for trading on various decentralized exchanges.

Who are the main partners facilitating using the token in the platform?

MONTE has several strategic partnerships to increase its utility, including GCA, JCA, KCA Tour, H Farm, and ICA Limited.

 

History of MONTE Token

3rd January 2023 - MONTE is released while announcing a 60,000TRX airdrop campaign in tokens in support of the token.

22nd February 2023 – CoinW global initial lists MONTE and opens the MONTE/USDT trading pairs on Innovation Zone

16th March 2023 – MONTE partners with KCA and completes its successful investment attraction and MOU agreement ceremony allowing users to use the token to access their services.

30th March 2023 – Monte partners with H.Farm, a partner specializing in leisure activities related to horses which helps the token facilitate these services to tourists.

31st March 2023 – MONTE partners with GCA, which helps with the token's technical support and sponsors the token's ecosystem.

›› Trade MONTE Token here

Screenshots from MONTE Token

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MONTE Token details and tokenomics

MONTE Token Ticker: MONTE
ETH Contract address: 0x318Ee488AF8881f9945B6d3D69e8B395Fb559bB1
Type of crypto: ethereum-token
Resources & Social media
🔗Blockchain URL: https://etherscan.io
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