Monkey World $MONKS is a new cryptocurrency on BSC (Binance Smart Chain). The project aims to create products such as Crypto Visa Card, DEX, DeFi Wallet, etc. Let’s deep dive into it.
Project name: Monkey World
Contract address: 0xa265255cFeb09F578185b7be251F8089dC888F92
Token type: BEP20
Total supply: 100.000.000 MONKS
Launchpad: Unicrypt Network(PancakeswapV2)
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||70% BNB raised liquidity lock|
time: 11 months
|Min-Max Spend per Account||max 20 BNB|
|Presale price||14.000 MONKS / per BNB|
|Listing price||9.800 MONKS / per BNB|
|Audit||(by Solidity Finance)|
|KYC||(by Pass or Fail Me)|
|Start||approx: Mon 16 Aug 16:07 UTC|
|End||approx: Sat 21 Aug 16:08 UTC|
Locked tokens/team finance: check
|Seed+Private Sale(some of locked)||10%|
It is good
- 70% BNB raised liquidity lock
- 11 months liquidity lock duration
- KYC + doxxed team
- Audit by Solidity Finance, check report
- No mint
- No external threats were identified
About the team
- The team consist of 5 person. The team members are from different countries.
- Jay Raz: Founder & CEO, He is from Canada. Check
From White/Lite Paper
MonkeyWorld wants to accelerate the world’s transition to cryptocurrency, and its wide range of products can help you easy to Buy, sell and spend your Crypto anywhere Visa is accepted.
Monkey World Ecosystem
- MONKS APP: MonkeyWorld offers not only an app but its own Crypto Pay, Crypto Visa Card, MonkeySwap Exchange, and Defi Wallet.
- Visa Credit Card: The Monkeyworld.io Visa Card is a prepaid card. Broadly speaking, prepaid cards are the same as debit cards. The difference is that debit cards are linked to your bank account, but prepaid cards need to be topped up. In this case, you can top up using bank account transfers, other credit/debit cards, or cryptocurrency. There are 5 different cards.
- MonkeySwap DEX: MonkeySwap is Decentralized protocol for swapping digital assets and tokens, an open-source project. MonkeySwap is a decentralized marketplace for providing liquidity and earning while you stake
- Mission Mars IDO Launchpad: For projects that meet certain requirements
Features of Monkey World $MONKS
- Transaction/tax fee is 3%:
- 2%: goes to holders
- 1%: goes to Liquidity pool
- Burning Chamber: 16,5% (16.500.000) of the total supply burn every 2 months for 10 months.
For more info, you can read White Paper
Monkey World made a private sale. But tokens that sold private sale are very low, 1,8% of the total supply- 45 holders. No need to worry about the private sale.
About tokenomics: Token allocation for presale+liquidity+fees=21% of the total supply. 71,4% of the total supply was locked. So there is only 7,7% of the total supply is unlocked.
The team doxxed and has KYC. And MONKS has an audit. These are very good indicators.
A comprehensive and product-based project. There are products that we have seen in other projects such as Wallet, Launchpad, DEX.
The core product of Monkey World is Visa Credit Card. You will need $MONKS token to use this card. With this card, you will be able to spend your cryptocurrencies in your daily life.
As with any project, you need to trust the team.
60.6 BNB was collected from 34 participants. It reached the softcap. Success