Monetary Unit was established in July 2014 as a decentralized, self-growing and self-managed cryptocurrency project with long-term development objectives. The focus of Monetary Unit has always been to create a cryptocurrency project that everyone can participate in, making it not only accessible to tech-savvy individuals but also an appealing product for developers, investors, and the general public.

I. Project Introduction

Project Features

1. For urgent transactions, payments can be instantly received and confirmed through the Instantsend feature.
2. A helpful community and project team are always available to assist you with any questions and general blockchain education.
3. The economic design of MonetaryUnit means that 10% of all MUE generated by the blockchain is reserved for the benefit of the project ecosystem. The use of these funds is controlled through a decentralized community voting mechanism.
4. Inflation (MUE produced by block mining) is low at 3% annually. This promotes the use and distribution of MUE on a sustainable trajectory when the world adopts cryptocurrencies. Over the next 130 years, 40 new MUE will be minted every 40 seconds.

Use Cases

1. MUE focuses on the continuous development of its surrounding ecosystem to ensure maximum currency risk and usage, thereby benefiting the entire cryptocurrency community.
2. There are thousands of cryptocurrency projects, with more being added every day. Among these thousands, only platforms with the strongest blockchain security and stability, along with established use case ecosystems, will survive. MonetaryUnit aims to become a leading cryptocurrency by creating these use cases for MUE and other cryptocurrencies.

II. Commentary

MUE is a mature, respected brand with a well-established ecosystem driven by a dedicated fund team. Its goal is to move away from a model where cryptocurrency is only used by those who are tech-savvy.

MUE stands for MonetaryUnit, which is a unit of currency. MUE points began operating in the Asia-Pacific region on February 1, 2016. It is a peer-to-peer electronic currency that does not require a central authority or trust mechanisms for transaction transfers. This is all thanks to the systems clever integration of digital signatures, blockchain (a peer-to-peer network using proof-of-work to record transaction history), and incentives for early adopters.

Relevant Links:

https://www.monetaryunit.com/

https://info.binance.com/cn/currencies/monetaryunit

https://bitcointalk.org/index.php?topic=1126278