The use of the blockchain in the Monopoly project allows to create an incredibly transparent system for all platform participants, which will be suitable for easy and fast verification. To ensure its transperancy, we will provide all participants with a set of tools to interact with the blockchain.
They will always be able to verify the records if necessary, so possible misunderstandings and conflicts can easily be avoided.
It is our hope that our platform will attract both beginners and experienced professional investors.
Our purpose is to provide an excellent opportunity to bring promising, ambitious projects to the market, using the decentralized decision-making network. We are planning to cooperate with other ICO projects, as well as with start-ups from other market segments, helping them to tokenize their assets.
Just imagine: absolutely everything – voting, project accounts, transactions in the internal market and other operations – will be recorded in the blockchain register. Project modifications and other important events will be logged in a distributed ledger for further analysis. In a day, millions of such operations can take place. Therefore, it would be highly impractical to use Ethereum to record so many events, due to its low transaction speed and high costs. That’s why, our Monopoly platform is based on the two interconnected blockchains:
1. Ethereum, which is used for cryptocurrency transactions.
2. Our private blockchain used for inner operations on the platform.
At the same time, the Monopoly private blockchain will be based on a node network, which our company uses from the earliest stages of the platform development. Later, the right to manage separate nodes will be transferred to the participants of the network. This will help us to create a decentralized network independent of any party – as any Blockchain project should be!
https://monopoly.live/
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