Introducing Mongoblock

DECENTRALIZED TOOLS FOR CRYPTO INVESTORS

4 min readNov 8, 2018

ICOs(Initial Coin Offering) and STOs(Security Token Offering) have overtaken venture capital funding and have become the leading method of funding blockchain organisations.

Mongoblock is here to make it easier for everyone.

What is Mongoblock?

Mongoblock is a new fully secure feature rich pooling service which has been developed by blockchain engineers and audited by leading firms.

Mongoblock provides a platform of decentralized tools for crypto investors that intends to handle the allowance and the accounting of the work involving pooling funds from contributors involved in an ICO/STO Pre-sale. Hence, using Mongoblock you will be able to manage your pools easily, quickly and with less fees.

The Mongoblock team is comprised of multi-faceted members with backgrounds in finance, engineering, investing and resilient system design. With over 30 years of combined software engineering experience and with over millions of various tokens invested, this team aims to deliver tools that simplify the cryptocurrency investing and management process all while bringing cryptocurrency tools to the masses.

Features

Pools: Crowdfund your next project with a MongoBlock Pool. Pools are managed on the Ethereum blockchain though Smart Contract.
Pledges: Gauge interest in an investment opportunity with the MongoBlock Pledging system and secure your allocation.
KYC (Know Your Customer): Verify the identity of your investors and stay compliant with local, regional and country regulations. *
Escrow as a Service: On-Chain Escrow powered by KYC for OTC (Over the Counter). *
ETH/GO Token Creation: Create your own Ethereum or GO Chain token for use in your crowd-sale or ICO using simple wizard. *
Token Management System: On-Chain Token management system for your new token/existing token. Manage allocations, distributions and more.*
Token/ETH MultiSender: Easily send ETH, ERC20 and GO tokens in batches. *
MultiSig Wallet Creation Wizard: Quickly and easily create multi-signature wallets on Ethereum or GO Chain. *

*Coming Late Fall/Early Winter 2018

Secure Smart Contracts

Smart contract security is important in our development process. Mongoblock has participated in multiple security audits to ensure the smart contracts we have developed are free from critical issues. The audits were led by Coin Mercenary and they reviewed and revised each line of code, from the smart contract to the front-end. Discover more at www.coinmercenary.com

24/7 Support Mechanism

Mongoblock believes in always providing an easy to use service to its users. Our team provides support 24/7, so you can use this platform without any hesitation. Have a question, simply visit our support site: support.mongoblock.com

Pricing

Pricing at Mongoblock is simple.

You pay one nominal fee per month and you can create as many pools with as much ETH as you want. No strings attached.

Here at Mongoblock, value of money is vital. Instead of charging fees every time a pool is created, Mongoblock offers all its features and services with one flat fee.

Think of it like a subscription service. This means that you can run 10 different pools with 1000+ Ether and still only pay one flat fee fer month. This is unlike other ICO pooling services which charge a 0.45–0.5% fee every time a pool is created.

To solidify this concept lets take use this example:

Assume you create 200–250 pools, all raising from 100–2000 ETH each
Thats about 100k ETH raised

With traditional pricing metrics investors would pay nearly 500 ETH per month to run their pools. This is not the Mongoblock pricing strategy.

With Mongoblock is a flat monthly fee.

Run one pool or 100 and the price is the same.

Net Result — You get to keep more ETH in your pocket. 👍

All Mongoblock Pools are FREE Until February 1st 2019

During our early release phase all pooling features (and all new pools) will be FREE until the 1st of February, 2019. In other words, Mongoblock will not be charing a monthly fee during the early release phase.

On February 1st, 2019 you will be charged a monthly fee for the plan that you select (see mongoblock.com for pricing).

Roadmap

Pooling support to Gochain.
Pooling using stable coins such as TUSD, USDT, DAI etc.
Pooling for Master Nodes staking of Tokens.
Instant Liquidity, Converting entire Pooled ETH to DAI.
Contribution to Pool using Any ERC20 token though KyberSwap
Contribute to Pool though Loan though DAI CDP.

Get in touch with us!

Main Website: https://mongoblock.com/
DApp (Testnet): https://rinkeby.mongoblock.com/
Telegram: https://t.me/mongoblock
Tweet us: @mongoblock
FAQs: https://support.mongoblock.com