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Monolith crypto project was born in December 2019 as part of Marbella Chain a blockchain with native tokens (for tourism businesses usage in Spain).
After receiving minimal initial funding, hopes were high. But then, first problem, there wasn't any exchange for the tokens in this chain.
Soon things started to get south. The tools we could use stopped working, the Mchain developer embarked on an update to a certain technical aspect, leaving out the rest, and the promised improvements never seemed to come.
Meanwhile, COVID hit Europe hard, shattering most of our plans.
Creating our own blockchain didn't seemed viable –the required invest and developing time could have killed us–. But swapping to a different blockchain was. After considering ETH due to its popularity (and actually creating an ERC20 which is seating in some wallet somewhere), we were truly concerned on how this change would help the most needed or even facilitate their inclusion. It wouldn't.
Here's what we actually needed:
An asset that no one in the world could freeze.
Very fast transactions to anyone, anywhere, anytime.
Very cheap network fees, one cent or under will be ideal.
Not having to provide any personal information ever.
Ultimately, the 3-5% monthly dividends split among every holder, attracted the attention of early investors (again, from Europe). In a year or two they will be heavily benefiting from being early adopters.
As an invest hub we tried to reach to poor countries who's people can benefit from a decentralized and anonymous form of investing, but the most of them merely didn't knew anything about crypto, even less about BCH or how to get it.
The road ahead is long and complex. It needs a lot of awareness (which never comes free), and the network marketing is not the proper way to look at it when you see so many pyramidal scams pegged to it –promising high return both for your money and for your (poor) friend's money.
If you have reached this far, the time has come to dump of this referral schemes, doubling money, next-BTC, and all that garbage. There's a simple way in which you can benefit further in a mid to long-term invest (or simply, forever) by holding and reinvesting.