MEvU Frequently Asked Questions

MEVU
mevu
Published in
2 min readMar 20, 2018

Hey guys! We wanted to give you an easy way to find the answers to some of the questions you may have about our project! Check it out!

Please note that this will be continually updated as the project goes along as well with more questions for your information purposes!

What are the Public Sale dates?

  • Public Sale Starts: 09/10/2018
  • Public Sale Ends: 12/18/2018

What is the token price?

  • .34 USD cents per MVU token

What forms of payment will be accepted?

  • ETH

What is the total number coins?

  • The maximum created MEvU tokens will be 105,800,000 tokens.
  • 15,000,000 tokens was allocated for the Private Sale
  • 45,000,000 tokens will be allocated for the Public Sale
  • The remaining Tokens will go for other areas of the project that are detailed in the Token Allocation split question listed below.

What is the Hard Cap for the Public Sale?

  • 45,000,000 MEvU

Is there a Soft Cap for the Public Sale?

  • $1 million USD

What will be done with unsold tokens?

  • Unsold tokens will be burned

What is the Token Allocation split?

At the end of the sale, 38% of MVU tokens will be created. Of that 38%, the following allocations are noted:

  • 8.6% for referral and ranking rewards
  • 4.5% reserved for bounties
  • 13% for advisory team
  • 4.5% for funding team subject to 18-month holding period, paid out quarterly
  • 28.8% for the Treasury fund
  • 28.8% for the Partnership fund
  • 12% for the User Adoption fund

How will funds from the crowd sale be used?

  • 65% for Marketing/Sales
  • 15% for Development
  • 7% for General Admin and Accounting
  • 7% for Consultants/Outsourcing
  • 6% for Legal Counsel

Will there be any KYC/Whitelist?

  • There will be a whitelist. KYC will be formally announced.

Where can I find the whitepaper?

Click Here

Be sure to stay up to date with all of the latest news and happenings on our project by joining us on social media and consider joining our Bounty Program as well:

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Bounty Program Link

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