Fully Focused
By Moni Talks Founder and Chairman Brendan Beeken FInstSMM
In the coming weeks, you may notice you hear a little less from Moni Talks .?
Throughout development of our product, we have placed an emphasis on communication. We have used our social media channels, newsletters, and platform, to keep people fully informed of our mission and progress.
We have shared not just company updates, but also important crypto and blockchain news, as well as learning topics.
In the coming weeks, we are refocusing our resources.
Turbulent Times
The past few years have been challenging for all businesses, due to the COVID-19 pandemic and global economic slowdown.
For DeFi, this was magnified by the dramatic slump in markets during last year’s crypto winter. That impacted on faith in cryptocurrency, and the collapse of FTX in November just added to the issues the industry faced.
I’ve spoken about it before, but the FTX crash and resultant headlines alleging mismanagement and mishandling of customer funds by the second largest crypto exchange hit hard.
Convincing people to have faith in crypto as the future of global finance was never going to be an easy task, but doing so against a backdrop of a severe market downturn and the FTX contagion made it a truly uphill struggle.
We have endured a brutal bear market, which sustains. Existing crypto users seem to be stepping back and practically no new investors are joining the space right now.
This has been the landscape against which we have been developing Moni Talks. Despite being a game-changer in the crypto industry – a dedicated cryptocurrency community dedicated to transparency, regulation, security, and responsible trading – we have experienced the same challenges as others in DeFi.
We have continued on our journey despite rising costs, wrong turns, investor uncertainty, and the complexity of trying to ensure full regulation at a time when the rules seem to shift almost daily.
Change of Focus
Despite this, I remain committed to delivering the Moni Talks vision.
Development and marketing to where we are now has been a costly and time-consuming process. But it has been worth it. We have a solid foundation, an established brand, and a loyal audience.
In order to move to our next phase, we’ve had to have a serious think about how we deploy our time.
We have decided now is the right moment to refocus our resources into the areas we need to concentrate on to continue our positive trajectory.
We will be scaling back our social media content and marketing activities for the next few weeks, allowing the team to invest time and effort where it is most needed and most fruitful.
We will focus fully on attracting investment, regulatory requirements, and platform development, enabling the next stage of growth for Moni Talks.
The Journey Continues
While you may see less from Moni Talks on our social platforms, we haven’t gone away!
All of our resources will be dedicated to the innovation, adaptation, and commitment which has established our brand and its audience.
We will be working hard on finalising the behind-the-scenes tasks necessary to complete the ecosystem we want to deliver for the crypto industry. A product that promotes community and engagement with a dedication to user safety, responsible cryptocurrency trading, and education.
We may be quieter than normal for the next few weeks, you’ll be hearing a lot more from us soon!
Crypto News from Latest Moni
SHAPE THE FUTURE OF CRYPTO - BE PART OF THE MONI TALKS JOURNEY
A revolution in cryptocurrency is coming...Moni Talks. Be part of crypto history by joining our community and influencing the beta testing and development.
Moni Talks is trading, learning, and crypto society all on one platform, and you can be there from the start. Register today and you won’t just be among the first to experience Moni Talks – you’ll also receive regular newsletters bursting with breaking crypto news, coin and market trends to watch, digital asset insight and opinion, our latest updates, and much more.
Discovering Fantom Wallet
By Brendan Beeken for #LatestMoni
Finding a secure and user-friendly wallet is crucial for managing digital assets. One solution that has gained significant attention is Sonic Labs Wallet.
In this article, we will delve into the features, functionality, and pros and cons of Fantom Wallet, offering a comprehensive overview for crypto enthusiasts and investors…Continue Reading