Recap of the MTRG Token Sales — Big Success!

Mike Chan
Meter.io
Published in
2 min readJul 17, 2020

Our Meter Governance token (MTRG) sales are ending and they have been a huge success!

We’ve been building the Meter network for over two years, and it’s great to see all the support and investment from our community and have our hard work pay off.

Here’s a quick recap about how everything went.

TL;DR — everything went amazingly well! 😃

We think Borat bought some MTRG.

IEO on Gate.io

Our IEO on Gate.io was massively oversubscribed!

Our goal was to raise $600,000 (1.2M MTRG), and 2272 investors contributed $27,439,049–45.7 times our goal!

Here’s an article by Cryptonews.com that covered our IEO, and below are a couple of tweets from ICO Drops and ICO Analytics about it.

Public Sale on Cobak ICO Platform

We held a public sale in Korea on the Cobak ICO platform, and their allocation of 200,000 MTRG sold out in less than one minute!

Blockzone MTO

We also worked with our friends at STP Network to offer a Micro Token Offering (MTO) of 200,000 MTRG to the STP community on Blockzone.

There was extremely strong interest in the sale, as the MTO sold out in seconds and overwhelmed the Blockzone servers!

Community Token Sale

Finally, we held a community token sale for those who could not participate in the above sales.

This sale is still being finalized, but it’s oversubscribed. More final details to come, and we’ll provide an update here.

Conclusion

Thanks to everyone for your amazing support!

We’re going to keep building and growing, and it’s time for us to get back to work.

Stay tuned for more exciting announcements soon!

We hope you enjoyed this article! If you did, show us some love by 👏🏻 clapping 👏🏻 (up to 50x!) to help other people find this post.

To stay updated on all things Meter, visit our website and join us on Twitter, Telegram, Discord, and Facebook.

Originally published at https://www.meter.io on July 17, 2020.

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Mike Chan
Meter.io

Dad and husband! Growing @zkpanther, advising @meter_io and @ututrust. #crypto, #startup, ex-marketer @capitals, expert power napper