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Update #7 all tokens of private sale are released

After successfully doing a USD 2.2 MLN token sale, we continued to work intensively on Melalie. We expanded our team and created some strong partnerships. As we speak we are working on a large integration and on another listing. However, we always felt like the private sale token distribution has been holding us back.

Remaining 60% $MEL is released

Together with the seed and angel investors, who are backing us for the long term, we decided to release all remaining $MEL at once. We did so at Friday 25, 01:00 PM (UTC+8).

We all agreed that we do not want to invest any time in pleasing the weak hands. We are here for the long run and we will continue to build, whatever the market conditions might be.

Market conditions

As you know we want to create a fair and open marketplace where people have a choice. We want everyone in our ecosystem to enjoy those same values. Looking at the current market conditions we understand that both our users and our investors want to have full freedom of the choices they want to make.

As you all know we have some exciting developments on short and long term including our new staking platform where you can also enjoy the long term benefits. We continue to work on the big update of our application and on the Melalie Network. What IOTA claims to be for IOT or VeChain for supply chains, Melalie aims to become the project that leads the way for the decentralized mobility economy.

We are relieved that from now on we can continue to build and share all news with the strong hands. Together with you, we want to push Melalie to great heights!

About Melalie

Melalie is a peer-to-peer (P2P) mobility marketplace. On the Melalie platform, people can rent vehicles — bikes, scooters, motorbikes, cars, and trucks — from each other, without the need for intermediaries. The Melalie platform is complete, tested, live and already lists over 400 local vendors in Indonesia and The Netherlands. The application can be downloaded in the Appstore (iOS) and the Google Playstore (Android). Check out and subscribe to our Youtube channel here.

The official Melalie channels

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