#monspace msd

[monspacetoyou-blog]

MONSPACE MALL KOREA LAUNCHED ON 9 DECEMBER 2017

MONSPACE Multinational Corporation has officiated the soft launch of Monspace Mall Korea at Le Meridien Hotel, Seoul on 9 December 2017. Founder and CEO of MONSPACE, Dato’ Sri Jessy Lai, was present in Seoul to officiate the event.

The soft launch on Saturday announced a collaboration between Monspace Mall Korea and Korean mall. MONSPACE intends to leverage Korean Mall’s network, logistical facility and expertise in local culture to serve Korean shoppers and fans of Korean products from around the world.

Since 2002, Korean has maintained a 2-digit growth in e-commerce. In 2014 that figure reached 17.7%, making e-commerce a 45.3 trillion KRW industry, almost double the size it was in 2009.

While sales and retail as a category remains relatively stagnant in growth, e-commerce has grown in bounds and leaps. About 92.6% of all Korean residents has access to the internet, creating a conducive environment for online shopping to thrive. Online transactions now occupy 15.1% of all retail sales in Korea.

Today, Korea is the 7th biggest e-commerce market in the world, and 3rd biggest in Asia Pacific. According to Emarketer’s report in 2015, Korean e-commerce is an industry worth 37 billion USD, following other top ranking markets in the world: China (563 billion USD), US (350 billion USD), UK (94 billion USD), Japan (79 billion USD), Germany (73 billion USD), and France (42 billion USD). Korea also has the highest e-commerce penetration in Asia Pacific at 65%, and the fastest internet.

The most popular Korean e-commerce platform now are Gmarket, 11street, and Coupang, which gained 2500 sellers merely 4 years after its founding.

Monspace Mall Korea also accepts MSD, a cryptocurrency issued by MONSPACE, for all transactions on the website.

MSD is centrally administered, but relies on the Ethereum block chain architecture. Its value is determined by market supply and demand forces—the greater the buying power of MSD within the closed MONSPACE environment, the greater the value one would expect MSD to acquire on an open exchange. Monspace therefore has the incentive to increase the utility of MSD within its own community to ensure the success of the cryptocurrency.

JJCC, a six-member Korean hip-hop boy group was present to witness the event.

[monspaceislove-blog]

Thaipusam is more than just a festival celebrated by the Tamil community. It is also a great day to promote cultural diversity and acceptance in Malaysia. The day commemorates the good triumphing over evil, and is a day for believers to ask for wisdom and blessings from God. On this day, the Tamil community would go on a parade, dressed in yellow or orange.

Most Malaysians’ would be familiar with the picture of lord Murugan on his carriage, parading all the way from Kuala Lumpur to batu Caves, and eventually making it to the temple on top. Paired with upbeat, festive music, it’s indeed a day that brings people together.

On this special day, Monspace wishes our Tamil friends a happy Thaipusam, and a happy, peaceful year ahead !

[monspacecare-blog]

Thaipusam is more than just a festival celebrated by the Tamil community. It is also a great day to promote cultural diversity and acceptance in Malaysia. The day commemorates the good triumphing over evil, and is a day for believers to ask for wisdom and blessings from God. On this day, the Tamil community would go on a parade, dressed in yellow or orange.

Most Malaysians’ would be familiar with the picture of lord Murugan on his carriage, parading all the way from Kuala Lumpur to batu Caves, and eventually making it to the temple on top. Paired with upbeat, festive music, it’s indeed a day that brings people together.

On this special day, Monspace wishes our Tamil friends a happy Thaipusam, and a happy, peaceful year ahead !

大宝森节是印裔同胞的一大节日，也是提倡多元文化的大马人民普天同庆的佳节。大宝森节的历史悠远，有着“正义战胜邪恶，并向神明祈求光明与智慧的祝福”的非凡意义。大宝森节这一天，印裔同胞都会身穿黄色或橘色的衣着参与献祭游行。

而大马人最熟悉的景象莫过于印裔同胞会在大宝森节这一天，准备一个载有穆鲁甘的战车，从吉隆坡徒步至黑风洞，并且背负着枷行爬上272阶梯到达山顶的穆鲁甘神庙，过程中还有乐队帮忙配乐，好不热闹！

这是一个具有祝福意义的节日，Monspace集团在此祝贺各位印裔同胞，大宝森节快乐，希望大家能在这一年里平安愉快！

[iamjustinlove7]

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[monspaceislove-blog]

Yesterday, Datuk Zainal Abidin Hj Mohamed who is the secretary of Koperasi Monspace Berhad paid a visit to the Malaysia External Trade Development Corporation (MATRADE). The purpose of the visit is mainly to work on a long term partnership with MATRADE, setting up a company exhibition booth to showcase some of our products.

This is one of our plans for 2018—leveraging the influence and reach of MATRADE to promote our products at an exhibition where more than 470 international companies converge.

Company will be selecting some of the best products available on MONSPACEMALL to be showcased, so consumers can have a close up appreciation of what we offer.

The MATRADE exhibition hall is a great success. Participating businesses put up a great variety of products on show, and we are very sure that it will stimulate public spending.

We are thrilled to be part of it and we can’t wait to showcase the quality of what we have to the world!

[monspacetoyou-blog]

Yesterday, Datuk Zainal Abidin Hj Mohamed who is the secretary of Koperasi Monspace Berhad paid a visit to the Malaysia External Trade Development Corporation (MATRADE). The purpose of the visit is mainly to work on a long term partnership with MATRADE, setting up a company exhibition booth to showcase some of our products.

This is one of our plans for 2018—leveraging the influence and reach of MATRADE to promote our products at an exhibition where more than 470 international companies converge.

Company will be selecting some of the best products available on MONSPACEMALL to be showcased, so consumers can have a close up appreciation of what we offer.

The MATRADE exhibition hall is a great success. Participating businesses put up a great variety of products on show, and we are very sure that it will stimulate public spending.

We are thrilled to be part of it and we can’t wait to showcase the quality of what we have to the world!

[monspaceislove-blog]

Blockchain-based Cryptocurrency MSD Now Accepted At Asiancities

It is common knowledge that more and more organisations are accepting cryptocurrencies in their transactions. Some of these include multinational computer technology company Dell, and one of the world’s largest online travel company Expedia. In September 2014, the non-profit organisation United Way also started accepting cryptocurrencies as donation.

Earlier, the Japanese government also officially recognised cryptocurrencies as a legal form of payment, and even set up a monitoring system for cryptocurrency transactions. This greatly accelerated the popularity of cryptocurrencies in Japan, so much that they’re now being accepted by an increasing number of shops, airlines, hotels and more. Some examples are Peach Aviation and renowned capsule hotels.

Now, Asiancities is joining the ranks of these forward-thinking companies.

Asiancities is a well-known travel company in Asia whose operations are in Malaysia, Indonesia, the Philippines and more. Famous hotels such as Two Seasons and Diamond Hotel in the Philippines, RHR Hotel in Malaysia, and Kei Art Hotel in Indonesia are all clients of Asiancities.

Just recently, Asiancities announced a collaboration with MONSPACE, and will start accepting the latter’s cryptocurrency MSD as a payment option.

MSD was officially launched on 1 October on the 3rd anniversary celebration of MONSPACE. Since its launch, the cryptocurrency has quickly rose to become one of the fifth biggest Cryptocurrency in the tidex.com.

“We have faith in MSD because as opposed to most cryptocurrencies which require an Initial Coin Offering (ICO) to source for funding, MONSPACE skips the step as it already has strong financial and user backing. It goes to show how much potential the cryptocurrency has,” said a representative of Asiancities.

The representative also commented: “Cryptocurrencies have a special appeal to online businesses as opposed to credit cards due to the former’s added security. While credit cards carry the risk of fraud, an encrypted Cryptocurrency like MSD makes fraud highly unlikely. This means online businesses can operate with a lot more confidence and peace of mind.”

Users can pay for their hotel, flight tickets, and car rental using MSD on Asiancities. This decision by the travel company is an important one that proves how popular MSD is, even though it was only launched recently.

“In countries where PayPal and credit cards aren’t available as payment options, MSD brings a brand new opportunity,” said the representative of Asiancities.

The renowned travel company will start accepting MSD for payments in November 2017.

[monspacecare-blog]

The CEO of Monspace Multinational Corp, Dato Sri Jessy Lai attended the launch of Malaysia’s Digital Free Trade Zone. A joint effort by the Alibaba Group and the Malaysia Digital Economy Corporation (MDEC), it is the first of its kind outside of China, and will help many SMEs and youths leverage the digital platform.

We are excited for the collaboration, as it will surely bring a breath of fresh air to Malaysia’s economy. Jack Ma is a world renowned entrepreneur, and his story has inspired many people across the world. His digital business model inspired the company to start an e-commerce business as the flagship of MONSPACE. Two years later, e-commerce shows no sign of weakening. Instead, the market is ever expanding, and I am sure this is the right way forward.

Jack Ma also launched the Electronic World Trade Platform (eWTP) which he has been advocating for in recent years. This is not the first time we’ve heard of this concept, but we are pleasantly surprised that Malaysia embraced such an edgy business model. The eWTP pushes for a truly global collaboration between businesses. If you are an entrepreneur, you’d only need a mobile phone to connect your business to the world. As a consumer, you’d be able to shop for anything across the world, just by tapping on your phone as well. The eWTP is also written into the official reports of the G20. It is welcomed by the global community, and received high praises by the World Trade Organisation (WTO).

Malaysia has joined the e-road, and we expect more countries to do so as well. We are excited to see the world being more integrated than ever, so that our youths can achieve bigger dreams, and the world can move forward as well.

[monspaceislove-blog]

Blockchain-based Cryptocurrency MSD Now Accepted At Asiancities

It is common knowledge that more and more organisations are accepting cryptocurrencies in their transactions. Some of these include multinational computer technology company Dell, and one of the world’s largest online travel company Expedia. In September 2014, the non-profit organisation United Way also started accepting cryptocurrencies as donation.

Earlier, the Japanese government also officially recognised cryptocurrencies as a legal form of payment, and even set up a monitoring system for cryptocurrency transactions. This greatly accelerated the popularity of cryptocurrencies in Japan, so much that they’re now being accepted by an increasing number of shops, airlines, hotels and more. Some examples are Peach Aviation and renowned capsule hotels.

Now, Asiancities is joining the ranks of these forward-thinking companies.

Asiancities is a well-known travel company in Asia whose operations are in Malaysia, Indonesia, the Philippines and more. Famous hotels such as Two Seasons and Diamond Hotel in the Philippines, RHR Hotel in Malaysia, and Kei Art Hotel in Indonesia are all clients of Asiancities.

Just recently, Asiancities announced a collaboration with MONSPACE, and will start accepting the latter’s cryptocurrency MSD as a payment option.

MSD was officially launched on 1 October on the 3rd anniversary celebration of MONSPACE. Since its launch, the cryptocurrency has quickly rose to become one of the fifth biggest Cryptocurrency in the tidex.com.

“We have faith in MSD because as opposed to most cryptocurrencies which require an Initial Coin Offering (ICO) to source for funding, MONSPACE skips the step as it already has strong financial and user backing. It goes to show how much potential the cryptocurrency has,” said a representative of Asiancities.

The representative also commented: “Cryptocurrencies have a special appeal to online businesses as opposed to credit cards due to the former’s added security. While credit cards carry the risk of fraud, an encrypted Cryptocurrency like MSD makes fraud highly unlikely. This means online businesses can operate with a lot more confidence and peace of mind.”

Users can pay for their hotel, flight tickets, and car rental using MSD on Asiancities. This decision by the travel company is an important one that proves how popular MSD is, even though it was only launched recently.

“In countries where PayPal and credit cards aren’t available as payment options, MSD brings a brand new opportunity,” said the representative of Asiancities.

The renowned travel company will start accepting MSD for payments in November 2017.

[monspacetoyou-blog]

MONSPACE And Over 60 Global Experts Gather At Blockchain Summit 2017 In London

MONSPACE attended the Blockchain Summit 2017 in Olympia, London. More than 60 speakers from around the world were present to discuss topics including banking and finance, insurance, health and wellness, entertainment and more. The speakers have in depth discussions on Monday, exploring and analysing the revolutionary implications of blockchain technology.

It’s a new chapter in the history of technological advancements: if the digital revolution brought us the internet and the abundance of information at our fingertips, then blockchain technology is the second wave of it, bringing us an abundance of value through the online world.

The Blockchain Summit 2017 saw experts from around the world, including former Prime Minister of Estonia Taavi Roivas, technical expert Peter Busch from Robert Bosch, Coindesk Editorial Producer Noelle Acheson, Spotify’s Business Development Manager Erik Beijnoff, Lloyds Banking Group’s Chief Software Engineer Ashley Patrick, Data Analyst Maggie Slowik from IDC, and more.

Issues discussed during the summit were comprehensive both in breadth and depth, covering topics such as Transforming the Architecture for Money Transfer, How is Blockchain Technology Disrupting the Music Industry, Reinventing insurance: Etherisc Decentralized Insurance, Is Blockchain the Answer to Healthcare’s Electronic Record Sharing Challenges, How Can Blockchain Help Develop Emerging Markets, Blockchain—The Solution for Supply Chain Transparency and more.

This summit also attracted global sponsors. Open Trading Network, American multinational technology company IBM, blockchain infrastructure provider BitFury Group, Zurich, Tesco, and Shell all had corporate representatives who spoke at the summit.

[monspaceislove-blog]

Dato’ Sri Jessy Lai receives Tokoh PROFIMA Award

The PROFIMA International Film Festival Malaysia (PIFFA) 2017, organised by the National Film Development Corporation Malaysia (FINAS), Malaysia’s Communications and Multimedia Ministry (KKMM) and Ministry of Tourism and Culture Malaysia (MOTAC), will be held on 4-6 November 2017 at the MATRADE Exhibition & Convention Centre (MECC). MONSPACE is invited as sponsors of the festival this year.

The Malaysian film industry is not lacking in talent. We have made countless outstanding movies, such as the much loved festive ads by the late Yasmin Ahmad, who also made the movie ‘Sepet' that took Berlin and Tokyo Film Festivals by storm. There’s Ho Yuhang who’s feature film ‘Min’ won the Special Jury Prize in Nantes in France, Kara Hui whose role in ‘At the End of Daybreak’ won 7 acting awards, Tan Chui Mei whose ‘Love Conquers All’ won awards at the Busan Film Festival, Yeo Joon Han’s ‘Sell Out’ that won at the Venice Film Festival, and James Lee whose ‘A Beautiful Washing Machine’ and ‘Before We Fall In Love’ rocked the Bangkok Film Festival.

Lai is a strong advocate for the local film industry. MONSPACE has also been building strong ties with the entertainment industries of Indonesia, China, and Taiwan. The company has sponsored or participated in many film-related events and cultural activities, on top of sponsoring local entertainment shows and films.

Hence, Dato’ Sri Jessy Lai has been invited to give out the Best Movie Award on 5 November, at PIFFA 2017.

Besides being a VIP at the event, Lai also received the Tokoh PROFIMA Award on 6 November in recognition of her contribution to the local film industry.

[monspacetoyou-blog]

Why Tidex Listed MSD by Monspace, A Digital Token Made for a Closed Community

The world of FinTech, that of Payments and that of digital currencies include a wide range of product propositions, of business models and of product design. The evolution of payment products has been at a pace for more than 20 years, and does not look like slowing down. Products that enable users within games to create and exchange value in a closed environment have been around or some time, with Linden Dollars on Second Life being one of the most well known. Related but perhaps less obvious are the plethora of incentive products like air miles and loyalty points of various kinds. As these products become more valuable, it is not unusual to see users attempt to sell or purchase the units of value outside of the confines of the environment in which they are used. Linden Dollars can be purchased on auctions, and there have been repeated attempts to create exchange platforms for loyalty products – some with the consent of the loyalty issuer and some without. Other products seek to occupy a more traditional payment niche, with electronic money providing an online means of payment long before traditional banking products adapted to the online environment. Digital currencies differed from electronic money on the whole by departing from a centrally issued and administered model, and in most cases by creating value based on utility, scarcity, security etc. rather than a fixed conversion rate against Fiat currency – as is the case for e-money. As a technology however, digital currencies lend themselves to hybrid implementations where for example a distributed model is discarded in favour of a central administrator, in order to utilise the block chain architecture, which provides greater transparency, and may serve a governance or business objective. For digital currency enthusiasts who see the distributed architecture as integral to any cryptocurrency project, this may seem like a betrayal of the cause. Technology is however neutral, and value transfer products utilise a spectrum of technology solutions.

2

As they also provide for a range of underlying sources of value, from fiat currency equivalence, incentive products and computational effort – described above, to precious metal backed products and those representing other assets. This brings us to an interesting development that saw Tidex, a cryptocurrency exchange, list MSD, a cryptographic digital token (“utility token”) that derives its value from the e- commerce business Monspace. MSD is centrally administered, but is based on the Ethereum block chain architecture. Its value is determined by the market supply and demand forces arising from the utility that members of the MonSpace community derive from it. Monspace is therefore incentivised to increase the utility of MSD within its own community, if users are to attribute value to it on an open exchange. The greater the buying power of MSD within the closed MonSpace environment, the greater the value one would expect MSD to acquire on the exchange. By listing on an external independent exchange, the MonSpace system is introducing market discipline to its system and this is positive development. If the inherent value of MSD to MonSpace members decreases, then its open market price will fall, and conversely the greater the utility of MSD to its holders, the higher the price. Tidex has listed what was until then a closed unit of value, but this development reflects the increased diversity of digital tokens, and has the potential of increasing scrutiny of all digital currencies, and this is positive contribution. It is also a natural market evolution, as digital currencies seek different niches, the source of the value of currencies will be varied, some confined to specific propositions, whilst others my eventually gain wider acceptance.

[monspacetoyou-blog]

The world of FinTech, that of Payments and that of digital currencies include a wide range of product propositions, of business models and of product design. The evolution of payment products has been at a pace for more than 20 years, and does not look like slowing down. Products that enable users within games to create and exchange value in a closed environment have been around or some time, with Linden Dollars on Second Life being one of the most well known. Related but perhaps less obvious are the plethora of incentive products like air miles and loyalty points of various kinds. As these products become more valuable, it is not unusual to see users attempt to sell or purchase the units of value outside of the confines of the environment in which they are used. Linden Dollars can be purchased on auctions, and there have been repeated attempts to create exchange platforms for loyalty products – some with the consent of the loyalty issuer and some without. Other products seek to occupy a more traditional payment niche, with electronic money providing an online means of payment long before traditional banking products adapted to the online environment. Digital currencies differed from electronic money on the whole by departing from a centrally issued and administered model, and in most cases by creating value based on utility, scarcity, security etc. rather than a fixed conversion rate against Fiat currency – as is the case for e-money. As a technology however, digital currencies lend themselves to hybrid implementations where for example a distributed model is discarded in favour of a central administrator, in order to utilise the block chain architecture, which provides greater transparency, and may serve a governance or business objective. For digital currency enthusiasts who see the distributed architecture as integral to any cryptocurrency project, this may seem like a betrayal of the cause. Technology is however neutral, and value transfer products utilise a spectrum of technology solutions.

2

As they also provide for a range of underlying sources of value, from fiat currency equivalence, incentive products and computational effort – described above, to precious metal backed products and those representing other assets. This brings us to an interesting development that saw Tidex, a cryptocurrency exchange, list MSD, a cryptographic digital token (“utility token”) that derives its value from the e- commerce business Monspace. MSD is centrally administered, but is based on the Ethereum block chain architecture. Its value is determined by the market supply and demand forces arising from the utility that members of the MonSpace community derive from it. Monspace is therefore incentivised to increase the utility of MSD within its own community, if users are to attribute value to it on an open exchange. The greater the buying power of MSD within the closed MonSpace environment, the greater the value one would expect MSD to acquire on the exchange. By listing on an external independent exchange, the MonSpace system is introducing market discipline to its system and this is positive development. If the inherent value of MSD to MonSpace members decreases, then its open market price will fall, and conversely the greater the utility of MSD to its holders, the higher the price. Tidex has listed what was until then a closed unit of value, but this development reflects the increased diversity of digital tokens, and has the potential of increasing scrutiny of all digital currencies, and this is positive contribution. It is also a natural market evolution, as digital currencies seek different niches, the source of the value of currencies will be varied, some confined to specific propositions, whilst others my eventually gain wider acceptance.

[monspacecare-blog]

Monspace is in KOREA

Dream was founded in 1999, and is currently one of the best plastic surgery hospital in Korea. It is staffed by the top experts of the field, and a favourite among Korean celebrities.

Dream has not only heard about, and have faith in the potential of MSD, hence both companies have initiated a collaboration. This is exhilarating news, as it means MSD has another pathway to enter the Korean market!

We visited the plastic surgery centre, dermatology centre, and dental specialist centre at Dream, and was profoundly impressed. The facility is not only spacious, clean, modern and well-equipped, the medical staff were also very friendly. After a briefing about Dream’s services, credentials, facilities, and business overview, we went over details of our partnership. If all goes well, MSD will become one of the payment options at Dream Plastic Surgery.

After the meeting with Dream, we went on to meet ENTAS, Korea’s biggest duty-free shop, which is also considering MSD as a payment option.

If you’ve been to Korea, you’d probably know ENTAS duty-free, owned by Korean F&B Company ENTAS Group. The ENTAS duty-free store is popular due to its wide range of affordable products and brands. I’ve been there before, but to the store still impresses me every time I visit. After a productive discussion, the CEO of ENTAS and I both agree that there is a lot of room for collaboration.

After two meetings, my day is almost over! The team is starving after all the hard work, so we are heading straight to dinner. After this, we will be resting and preparing for the big day tomorrow.

[monspacecare-blog]

Dream was founded in 1999, and is currently one of the best plastic surgery hospital in Korea. It is staffed by the top experts of the field, and a favourite among Korean celebrities.

Dream has not only heard about, and have faith in the potential of MSD, hence both companies have initiated a collaboration. This is exhilarating news, as it means MSD has another pathway to enter the Korean market!

We visited the plastic surgery centre, dermatology centre, and dental specialist centre at Dream, and was profoundly impressed. The facility is not only spacious, clean, modern and well-equipped, the medical staff were also very friendly. After a briefing about Dream’s services, credentials, facilities, and business overview, we went over details of our partnership. If all goes well, MSD will become one of the payment options at Dream Plastic Surgery.

After the meeting with Dream, we went on to meet ENTAS, Korea’s biggest duty-free shop, which is also considering MSD as a payment option.

If you’ve been to Korea, you’d probably know ENTAS duty-free, owned by Korean F&B Company ENTAS Group. The ENTAS duty-free store is popular due to its wide range of affordable products and brands. I’ve been there before, but to the store still impresses me every time I visit. After a productive discussion, the CEO of ENTAS and I both agree that there is a lot of room for collaboration.

After two meetings, my day is almost over! The team is starving after all the hard work, so we are heading straight to dinner. After this, we will be resting and preparing for the big day tomorrow.

[monspaceislove-blog]

The world of FinTech, that of Payments and that of digital currencies include a wide range of product propositions, of business models and of product design. The evolution of payment products has been at a pace for more than 20 years, and does not look like slowing down.

Products that enable users within games to create and exchange value in a closed environment have been around or some time. Along with Linden Dollars on Second Life being one of the most well known. Related but perhaps less obvious are the plethora of incentive products like air miles and loyalty points of various kinds.

As these products become more valuable, it is not unusual to see users attempt to sell or purchase. Thus, the units of value outside of the confines of the environment in which they are in use. Linden Dollars can be purchasing on auctions, and there have been repeated attempts to create exchange platforms for loyalty products. Some with the consent of the loyalty issuer and some without.

Other products seek to occupy a more traditional payment niche, with electronic money providing an online means of payment. Since traditional banking products adapted to the online environment.

Digital currencies differed from electronic money on the whole by departing from a centrally issued and administered model. And in most cases by creating value based on utility, scarcity, security etc. Rather than a fixed conversion rate against Fiat currency – as is the case for e-money.

As a technology however, digital currencies lend themselves to hybrid implementations where for example a distributed model is discarded. Since in favor of a central administrator, in order to utilize the block chain architecture. Hence, which provides greater transparency, and may serve a governance or business objective.

For digital currency enthusiasts who see the distributed architecture as integral to any cryptocurrency project. This may seem like a betrayal of the cause. Technology is however neutral, and value transfer products utilize a spectrum of technology solutions.

As they also provide for a range of underlying sources of value, from fiat currency equivalence, incentive products and computational effort.  Described above, to precious metal backed products and those representing other assets.

This brings us to an interesting development that saw Tidex, a cryptocurrency exchange, list MSD. A cryptographic digital token (“utility token”) that derives its value from the e-commerce business Monspace.

MSD is centrally administered, but is rely on the Ethereum block chain architecture. Its value is determining the market supply and demand forces. Thus, arising from the utility that members of the MonSpace community derive from it. Monspace is therefore incentive’s to increase the utility of MSD within its own community. If users are to attribute value to it on an open exchange. The greater the buying power of MSD within the closed MonSpace environment. The greater the value one would expect MSD to acquire on the exchange.

By listing on an external independent exchange, the MonSpace system is introducing market discipline to its system and this is positive development. If the inherent value of MSD to MonSpace members decreases, then its open market price will fall, and conversely the greater the utility of MSD to its holders, the higher the price.

Tidex has listed what was until then a closed unit of value, but this development reflects the increased diversity of digital tokens, and has the potential of increasing scrutiny of all digital currencies, and this is positive contribution.

It is also a natural market evolution, as digital currencies seek different niches, the source of the value of currencies will be varing, some defines to specific propositions, whilst others my eventually gain wider acceptance.