Monartis will be opening an online store, with associated currency. It is intended that it will be possible to make payments within the store, using the new currency, from the outset.
It is hoped and expected that, beyond the launch day, Monartis will be accepted by multiple retailers and service providers, becoming a mainstream means of both making payments and transferring money across borders, without the need for the bank charges and currency exchange fees often associated with such transactions currently.
The founders are seeking to raise funds to enable further development of the online store, integration methods for a variety of e-commerce platforms (including Shopify, Magento and Woocommerce), the creation of the Monartis Fast Checkout app to assist with future adoption of the currency and for marketing activity to promote both the store and the currency. A key element of the marketing activity will consist of an extensive retailer recruitment campaign.