KCN MONARCH UPDATES BUSINESS MODEL

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KCN MONARCH UPDATES BUSINESS MODEL

Monarch updates the business model before the completion of the generation of tokens. According to Reuters: “Monarch Blockchain Corporation adjusts business model before ending their Token Generation Event by adding Monarch Motor to fuel the future of the Blockchain & Cryptocurrency Start-up. The Monarch Motor will allow select companies the ability to partner and integrate directly into the Monarch Wallet. The Monarch Motor will comprise of multiple developer assets and resources, which will give select companies the ability to build and connect directly within the Monarch Wallet and its users. Monarch has plans to set up listing fees and profit sharing commission structures to help facilitate a mutually beneficial system. This creates a better experience for users, and everyone wins. The change will also become a new revenue stream for Monarch. It is also exciting because these changes will ensure the best companies and services can be made available to all of their users in one easy to use application.” The news release partner STEX.com.

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