MoatCoin ICO — Portfolio Management Service on the Blockchain

Sowmay Jain
MoatFund
Published in
2 min readFeb 10, 2018

The wait is over.

We are glad to announce the details of MoatCoin ICO. Following are the specifications:

ICO Start Date: 11th March 2018
ICO End Date: 24th March 2018
Token Name: MoatCoin
Token Symbol: MTC
Token Standard: ERC20
ICO Duration: 14 Days
Targeted Supply: 1,050,000 MTC
Token Price Per ETH: 5,000 MTC
Hard cap: 200 ETH
Minimum Investment: 0.1 ETH

Check out our website for ICO registration: https://goo.gl/eSAbFk

MoatCoin is India’s first ever transparent and secured Portfolio Managing Smart Contract Protocol on Ethereum Blockchain. Our solidity code will soon be available on GitHub. You invest in MoatCoin and the funds will be allocated in different research-backed crypto coins. Its underlying value will increase if the coins under umbrella increases in price. Its backed by some real values, not promises.

The reckless raising of funds through ICO leads to newly introduced DAICO (Decentralized Autonomous Initial Coin Offering) and we are introducing DAICO in MoatCoin protocol. This is where we are separated from other fancy ICOs where all the ETH are withdrawn immediately by the team members on the future promise of generating their product.

We can’t simply withdraw anytime or any amount of ETH from the contract. MoatCoin protocol restricts the withdraw of funds using a concept Decentralised governance which means there is no single governing party.

Not even the MoatCoin team can withdraw funds. We can propose investment ideas with a proper report to the board members and can withdraw the specified funds only if the majority of the board members agreed to our terms. It will ensure the safety of funds with utmost transparency on the blockchain.

If you’re interested to participate in MoatCoin ICO, get yourself registered here: https://goo.gl/eSAbFk

Thank you, as always, for reading.

P.S: Here’s an honest statement that most of the crypto founders refrain to say (at least before their ICOs) — We sincerely apologize for spoiling the excitement, but it’s really important. Buying MoatCoin is extremely risky. We expect to have a very volatile crypto market where the price may plunge or spike by double digits in short spans. If you can’t handle the 50% drop or start dreaming lambos after 500% spike, don’t participate in MoatCoin ICO! We are expecting investors with long horizons.

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