Internet City, Dubai–(Newsfile Corp. – May 9, 2022) – LBank Exchange, a global digital asset trading platform, will list Monstock Token (MON) on May 10, 2022. For all users of LBank Exchange, the MON/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on May 10, 2022.
Figure 1: LBank Exchange Will List Monstock Token (MON) on May 10, 2022
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As a blockchain-based investment forecast platform, Monstock transforms stagnant and distorted investment information markets through fair valuation of investment forecast information and disclosure of transparent results. Its native token Monstock Token (MON) will be listed on LBank Exchange at 14:00 (UTC+8) on May 10, 2022, to further expand its global reach and help it achieve its vision.
Monstock is a blockchain-based investment forecast platform, which uses the blockchain to store information that forecasts the future value of its investment in smart contracts so that it cannot be falsified or altered.
The stored investment forecast information is tracked whether it is actually hit or not, and evaluated, and statistics on hit rates for each writer are collected and disclosed transparently. Information providers can be certified for their hit rates, and information consumers can easily and conveniently access investment information. In the long run, Monstock can function as a means of certifying investment forecast skills because the results of investment forecast information and the subjects’ hit rate of individual data can be issued in NFT.
The forecast content on Monstock platform includes Insights, BLASH, Premium BLASH, and Opinion. There’s also non-forecast content such as post, comment, rate, and vote. Platform participants are rewarded with house-issued tokens according to their roles and contributions to induce members to voluntarily participate in the platform and build a stable platform ecosystem.
Starting with the domestic stock market, Monstock will expand into comprehensive investment services such as evaluation certification, trading functions, and auto trading bot services using NFT along with the expansion of forecast fields for overseas stocks and cryptocurrency. In addition to investment assets, the forecast service can also be expanded if the forecast results, such as the results of sports events, can be clearly evaluated in figures.
About MON Token
Monstock Token (MON) is a cryptocurrency that can be freely transferred and traded through personal wallets, exchanges, etc. it can be obtained by purchasing through exchanges or converted by using sMON, a token that is used only within Monstock platform and is default currency paid according to platform contribution, such as reading content, etc. sMON is non-cryptocurrency stored off-chain for ease of use and can be converted to the MON at a ratio of 1:1.