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Monolith Review

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Revainrating 3 out of 5  
Rating 
3.2
Crypto Projects, ERC20

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Description of Monolith

A deposit-less Ethereum token-based debit card & platform.

Reviews

Global ratings 12
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Type of review

Revainrating 3 out of 5

The stone milestone was tied to a stage introducing different organizations

Like every nation, the stone landmark is a stage crafted by official and corporate banks. It then hangs your resources and balances in front of an audience. Likewise, we can store these sources without external data. However, the wallet does not only work with the use of various administrations of the Ethereum climate. It allows you to move your resources to a hidden location while preventing all of your resources from being moved into a potential misrepresentation area. The core part of…

Pros
  • The stone mark does not allow you to top up your check card using any ERC-20 tokens. However, the bulk of the tokens attractive for the decentralized climate are now open.
  • Regardless, it has incredible liquidity for the portion game plans it offers, when only for fiat transactions.
Cons
  • Web design can be a bit misleading for novices.

Revainrating 2 out of 5

Essentially it's anything but a bank, where you set aside installments and get the assets by…

Essentially it's anything but a bank, where you set aside installments and get the assets by direct strategies. It is feasible to cause installments with the card in any store where they to acknowledge a bank card, be that as it may the task makes some long memories being developed I figure it ought to be further developed. It is essentially notwithstanding evidence for such an explanation is to say that it could further develop interest of this venture since the greater part of us who have…

Pros
  • Accessibility of perception of assets from the wallet. It is decentralized, the client has complete admittance to the assets. They have outside reviews. Moves are free while paying with the inner token. Check card for installments.
Cons
  • There is an absence of data on your page. parcel of rivals in this market. Task still being developed. For the time being its help depends on the nitty gritty data of the task.

Revainrating 3 out of 5

Monolith: Solutions Given for a Real-World's Payment Supporter

Monolith is a partner of finances that was created from a partial innovative fact, where it's creators wanted to show a more commercial platform instead of the highly boring existing out there. They designed their project with a nice use f characters that make part of the entire project, and even when users think it does not have anything related to the project it does certainly prove that all graphics are of help. I liked this project because it is focused on the change in the financial age as

Pros
  • Creativity, innovation, and practical applications offered in the main platform. It is so different from other common developments and creative at the same time.
  • It has good liquidity for the payment solutions it offers, even when they are just for fiat transactions.
  • It supports different tokens, and also permit to enter payments in digital transfers and debit cards.
  • It is a bank of cryptocurrencies that is being recognized by thousands of users as a good partner of real finances.
Cons
  • The company must provide additional information about their development since some sections have been little used. There is no real proof of the scope it has had.
  • It is available just for the European continent. It is a small project.

Revainrating 4 out of 5

A crypto money project similar to traditional banking systems: Monolith

I'm going to write a review about the Monolotih project today. Good reads to all. It is a project associated with and working together with Monolith Blockhain technology. Former cryptocurrency traders also know that if Blockhain technology is involved, that project is definitely a reliable project. So what I mean is that the Monolith project is a reliable project that you should not have to worry about since it works with Blockhain technology. The Monolith project is working with Ethereum.

Pros
  • The project has a tokens called TKN. Transactions are made with this token.
  • They serve like official corporate banks in every country.
  • There are many people investing and I am one of them.
  • VISA debit cards are available. Thanks to this card, we can make transactions faster.
Cons
  • Website design can be a bit confusing for beginners.

Revainrating 4 out of 5

Monolith a trusted platform that offers multiple services

Monolith is a safe and reliable platform thanks to Blockchain technology that is backed by the Ethereum structure. It is considered as a decentralized banking alternative. The best thing is that we can protect our funds without any central authority, intermediaries or third parties. The services offered are the same as for a traditional bank. However, these will be digital and improved so that users have better control of their funds and can even store digital assets. They provide a wallet…

Pros
  • It provides a wallet where we can store ERC20 tokens and then exchange them for fiat.
  • Ethereum-based blockchain.
  • Offers a VISA card.
  • It has its own token.
Cons
  • It is not very popular.

Revainrating 4 out of 5

Monolith: a platform that brings us closer to the future

There are countless electronic wallets on the market that allow us to store and manage our assets; however, not all of them provide us with a reliable and secure platform. Monolith is a security-based platform provided by blockchain technology; that allows us to protect our assets without intermediaries and without third party control. Monolith offers the services of traditional banking but in a digitized way and with total freedom and autonomy for users over the control of their assets. In

Pros
  • It is a decentralized protocol
  • Allows for instant exchanges
  • It allows to acquire Dai cryptocurrency without transaction cost
Cons
  • Unstable value of the coin

Revainrating 4 out of 5

The non-custodial Visa card for Eth users

I set up a Monolith account earlier in the year (2020). I was instantly impressed with the user experience and the deliverability of the token card. Monolith instantly showcased an unprecidented amount of detail to ensure their product has a futuristic aesthetic. Illustrating the departurte from the legacy financial structure, to entering life on Ethereum, their design work is spot on. Since openning the account I have seen my funds increase in value 35%. Although there aren't any…

Pros
  • Visa Card usable in 99% of retail outlets.
  • Zero cost moving money into Monolith Wallet
  • Good simple UI, easy to use and navigate.
  • Separate gas storage
  • Variety of decentralised exchanges to use within the app for trading Eth based crypto
  • Non-Custodial Wallet with Visa card - Be in total control of your funds
  • Team are helpful and responsive
Cons
  • TKN price constantly lower in the wallet than market rate
  • Zero rewards for using the wallet and the card (eg crypto cash back)
  • Adding funds to pre-paid card involves multiple fees, which can only be reduced using DAI or TKN
  • minimal DEFI integration
  • Only Ethereum-based tokens

Revainrating 4 out of 5

It is a decentralized banking alternative.

It is something extraordinary in the crypto card space. Nobody else is offering a stage that permits you to spend Ethereum and other ERC-20 tokens, so on the off chance that those are huge pieces of your portfolio, at that point it's certainly something you ought to consider. Generally speaking, there are sure questions with respect to TKN because of its marketing disappointment previously. With other payment choices offering similar highlights, it's worth has come into question. Be that as

Pros
  • It is an energizing organization and a settled player.
  • They are hoping to widen the methods of use for the card to make it more easy to use.
  • It permit clients to execute utilizing any single digital money connected with their card wallet.
  • Its cash and consume strategy sends a percent of the buys to a pot.
Cons
  • Lack of cashback and other incentives.
  • Promoting disappointments have brought about a underwhelming exhibition.

Revainrating 3 out of 5

With the aim of becoming the bridge between DeFi and everyone's daily life, Monolith wants to set up different services as it develops.

Monolith is part of decentralized finance based on the Ethereum network. The TKN token was created in 2017 through an ICO, to finance the development of the project. It allows these owners to credit their cards at reduced costs. In order to allow its users to control their funds and interact with their wallets, the Monolith team has developed a mobile application available on IOS like Android. The latter will naturally allow you to carry out various transactions, but also to order and top…

Pros
  • Monolith does not allow you to top up your bank card using any ERC-20 token. However, most tokens representing the decentralized ecosystem are currently available. the Monolith card therefore accepts a good shovel of tokens and ERC, and in particular: ETH, Maker (MKR), GUSD, DAI and USDT stablecoins and others more exotic.
Cons
  • The use of the card offered by Monolith may result in the payment of various fees. First of all, there is no monthly management fee policy and ordering the card is also free. It is in use - however - that fees will be applied. Indeed, even if transactions from the card to merchants can be free, it is the transfer of your funds to the card that will cost you a nice 1% of the amount of the top-up, and even 2% if you use other tokens than TKN.
  • As always in decentralized finance, various risks are present for users. It is therefore not directly related to Monolith, but it is important to remember that smart contracts are not necessarily foolproof
  • Monolith does not communicate a precise roadmap on its functionalities.

Revainrating 3 out of 5

TokenCard, a London based Company, is an important project where users are…

TokenCard, a London based Company, is an important project where users are able to load cryptocurrency onto a card and use it like they would any other credit or debit card. TokenCard is a debit card that users can use anywhere in the world where debit and credit cards are accepted, including at ATMs. users fund their card with an allowance from their ERC-20-compatible contract wallet. Founders mission is to build a consumer banking experience for the crypto world within the decentralization…

Pros
  • - TokenCard accepted at millions of merchants and ATMs worldwide. - Competitive pricing and instant settlement on assets. - TokenCard App. - Users wallet is 100% decentralised. - Users can freeze their card instantly if they misplace it. - High level security (users passphrase is their key, it is possible to backup and restore wallet on any device, users assets are safe in a triple-audited smart contract wallet, possibility of register and set whitelisted addresses and withdrawal limits to protect own assets in case of compromise). - Professional and well skilled team.
Cons
  • - Young project, still in early stages. - TokenCard ROI: -35,83% (he approximate return on investment if purchased at the time of launch). - High turnover in TokenCard team (maybe there are some important issues within the team).

Revainrating 3 out of 5

Basically it works like a bank, where you make deposits and get the funds by…

Basically it works like a bank, where you make deposits and get the funds by direct methods. It is possible to make payments with the card in any store where they accept a bank card, however the project has a long time in development I think it should be more advanced. It is basically in the face of proof for such a reason is to say that it could improve participation of this project since most of us who have cryptocurrencies also want easier ways to use them and without complications, for this

Pros
  • Availability of visualization of funds from the wallet. It is decentralized, the user has total access to the funds. They have external audits. Transfers are free when paying with the internal token. Debit card for payments.
Cons
  • There is a lack of information on your page. lot of competitors in this market. Project still in development. For now its support is based on the detailed information of the project.

Revainrating 3 out of 5

Waiting to see the development. However, it looks really suspicious the rises…

Waiting to see the development. However, it looks really suspicious the rises in price on the bear market of 2-19.

Pros
  • They say they will have a visa debit card soon.
Cons
  • But the project is still alive since 8-17. That seems a good time for getting things done. Team looks weak. On bitcointalk page there was important people participating on the project, they leave.