Monstock is a blockchain-based forecasting platform. Users can be rewarded if they succeed in forecasting the market price of stocks or cryptocurrencies. Users can also get investment information and token rewards by voting on articles they like.
Monstock uses blockchain to provide and store investment information that cannot be forged or altered. The stored investment forecast information is tracked 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.
Platform participants of Monstock 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.
$MON is the Klaytn compatible token of Monstock, which is mainly used as the payment medium in the Monstock ecosystem. The detail utilities include writing and post reading fees, NFT purchases and auctions, advertising and PR revenue, etc.
