More and more blockchain projects are entering the crypto market, and some are trying to solve real-life problems. MonkeyProject (MONK) is a Proof of Stake (PoS) distributed ledger that recently got added to crypto exchange, Cryptopia.

MONK confirmed this in a tweet, stating that “[we are] happy to announce that our listing is live on Cryptopia. In addition to the BTC pair, we are also available to be traded directly with USD!”. Cryptopia backed this tweet with an official post, which reads:

Dear Cryptopians. We are pleased to announce that the MonkeyProject (MONK) coin swap is now complete! All old MONK balances held on Cryptopia on block 142000 have automatically been swapped 1:1 for the new MONK coin.

The MONK coin is backed by a team of PoS enthusiasts, experienced developers, community managers, and marketing experts. The coin has a unique superblock structure which offers a ROI of 1850%, 730%, and 365% to blocks ending with 1, 5 or 8, and any other number respectively.

MONK also has a fully automated portfolio tracking app. Their website states that:

[We aim] to help our users from wasting their time checking virtual machines and wallets the whole day. Monkey will instantly update you once your balance changes and will also keep an eye on your Masternodes without needing to access them.