What is MITO token?

Anton Galenovich
DAO IPCI
Published in
2 min readSep 13, 2017

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Mitigation Token pre-sale is on at https://mito.ipci.io/

What is a MITO?

MITO stands for “Mitigation Token” — digital currency, DAO IPCI exchange vehicle carefully designed to provide for investments to environmental market instruments, independently assured and verified environmental units, carbon compliance units, carbon credits and quotas (allowances), in the first place. Long-term global trend toward growth of these markets and instruments both is scale and value is evident and irreversible.

What do I get when I buy MITO ?

You may exchange it for independently assured environmental units (ex. carbon credits) via DAO IPCI MITO Market. The Ether you pay is targeted strictly at non-commercial R&D of socio-economic and blockchain protocols, and DAO IPCI blockchain ecosystem. The protocol for post-ICO MITO emission, which is possible at least one year after the initial emission, sets rigid limitation of emission by the amount of environmental units accessible via DAO IPCI ledgers, and implies distribution of 50% of MITO to existing MITO holders.This way, the value of MITO is tied to environmental markets’ value.

At the moment there are 30,000 environmental units accessible via DAO IPCI, 200,000 more are under verification and shall be issued in September, more than 1 million shall be verified and issued in October.

Who is standing behind Mito Token?

MITO is not a security or asset-based token. It is a ‘protocol-based’ token. The protocol is a developing blockchain smart contract, and is designed by DAO IPCI Team and Advisors.

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Anton Galenovich
DAO IPCI

Founder of DAO “Integral Platform for Climate Initiatives” (DAO IPCI). Exploring and experimenting with p2p economics of damages