Announcing the MingoToken Pre Sale
Today we are announcing that Mingo is launching a token pre-sale to raise €2,000,000 at 3pm GMT on 25th September, in advance of our planned initial coin offering in Q1 2018. This represents an opportunity to contribute to our mission of bringing cryptocurrencies to the masses, whilst solving enterprise-grade currency, revenue recognition, customer support and billing issues.
This post outlines important details about the pre-sale, but we welcome you to engage with us directly through our telegram group, or, to head straight to mingocoin.com to check out the whitepaper.
The pre-sale is anchored to the ICO price, offering time-based discounts for contributions per the following schedule:
The ICO price is set at 5,000 MGT : 1 ETH (Ether), and the above represent discounts to that price.
For example, if you were to contribute 1 ETH in the first hour, you would receive 12,500 MGT in return for your contribution. In contrast, if you were to wait till day 9 to contribute your 1 ETH, you would receive 6,250 MGT.
This is no minimum contribution amount as we do not want to deter anyone from contributing to the project; after all, we are here to bring cryptocurrency to the masses.
In furtherance of this, our ICO will be run via a pre-registration and tokens will be issued equally to all who wish to participate. For the pre-sale, as there are several strategic partners intending to participate, we have not set any caps, other than our total hard cap of €8 million.
We have considered the future of our token in depth, and have been careful both to set realistic targets, and ensure the greatest chance of the value of our token increasing over time. At the time of coin launch, we are estimating a coin market cap of €40 million, which, given the minimum extra 1.2million users that we will be generating wallets for, providing the MingoCoin cryptocurrency to, and introducing to the world of crypto in just our first year, should be set to soar.
Protecting the future of Mingo is why everyone that is contributing to our pre-sale will be vested, for 6 months, with two, 50% instalments every 3 months. 70% of all tokens will be sold in the pre-sale and ICO, with 10% going towards the user rewards pool and 20% to the founders, advisors and employee incentives. This last pool will, however, be vested over 4 years to reflect the long term commitment the team has to building Mingo.
Thank you
Mingo welcomes you to contribute to our pre-sale, and join our journey in building a channel agnostic messaging ecosystem built on the blockchain, that will create a new world for both consumer and enterprise.
We can’t thank you enough for joining us on this journey.
Join us on:
- Website: https://mingocoin.com
- Telegram: https://t.me/GoMingoCoin ← BEST PLACE TO GET ANSWERS
- Twitter: https://twitter.com/mingocoin
- Facebook: https://fb.me/GoMingoCoin
- Reddit: https://www.reddit.com/r/MingoCoin
Read our Whitepaper at: https://goo.gl/NgTS1o
