January 28, 2021 Digital Identity

Monetha Identity + MTH token

The MTH token is one of the essential parts of Monetha. Naturally, we wanted to make sure that it’s not left out of our newly developed Identity application’s ecosystem.

The Monetha Identity’s idea is to give users full control over their digital profiles and let them leverage their data in multiple ways. The primary one is “earning while shopping.” We’ve been showing how it works in our recent updates: users link their profiles to shops and get instant discounts.

Meanwhile, there is another economy layer planned to be implemented. We want users to be rewarded for building and maintaining their Monetha Identity profiles with an internal currency. In our case, it’s the MTH token. A detailed design of this economy layer is what we are currently working on.

We will be keeping you updated on the process. Follow us and be the first to know the news of the Monetha Identity!

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