MapCoin — Changes to our token generation event

MapCoin
2 min readAug 1, 2018

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LONDON, UK, 01 August 2018 — Blockchain mapping startup, Mapcoin, announces amendments to it’s token generation event.

Today we are announcing changes to our MapCoin Token Generation Event.

What has changed?

Our total token supply remains unchanged at one billion tokens. However the allocation of those tokens has slightly altered. We have increased the number of tokens for sales, reduced slightly the number of tokens as rewards, and modified the airdrop and bounty.

The major change is our token valuation. We have reduced our utility token valuation to $0.10 instead of $0.20.

Airdrop tokens

“Wait! What? That means 500 MAP coins is worth $50. Not the original $100 we promised in Airdrop Phase 1!”

That’s right. By dropping our MAP token valuation from $0.20 to $0.10 we have reduced 500 MAP coins from $100 to $50.

But fear not. We’re a kind, caring, honest bunch here at MapCoin and we really value our community of MapCoiners.

So what is better than 500 MAP coins? 1,000 MAP coins!

That’s right, anyone that participated in the Airdrop phase 1 will receive 1,000 MAP coins to meet our $100 utility token valuation.

Any questions about these changes please hit us up on Telegram, Twitter or email.

Sign up to our Whitelist

Note — Our whitelist is filling up fast. If you want the opportunity to buy MapCoin tokens at a significant discount from the 1st August, sign up to our whitelist now.

MapCoin’s vision is to utilise the blockchain to help drive the future of autonomous driving, location and mapping technologies from the creation of maps and location data using the power of our community. Best of all you get paid for sharing your data.

Read about our new token metrics in our white paper
https://mapcoin.io/documents/mapcoin-en.pdf

Read about MapCoin on Medium
https://medium.com/@Mapcointoken/driving-the-future-of-mapping-technologies-9ffc2a91bca9

More about MapCoin:
mapcoin.io
Twitter
Telegram

Media Contact:
Ben Keogh
ben@mapcoin.io

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MapCoin

Mapcoin drives the creation of maps and location data using the power of the blockchain.