Multiven ICO — FAQs
Please find below a collection of information covering a number of common questions and queries:
What is Multiven?
Founded in 2005, Multiven is the world’s first and only provider of independent, decentralised and politically-neutral software integrity maintenance and cyber-defense services for all the blockchain nodes and hardware that make up the world’s internet network. By offering service-as-a-utility, powered by its elite team of Internet experts, security researchers, cryptographers and its artificial-intelligence engine, mySolvr, while leading consumer advocacy that ensures customer choice and value, Multiven is realising its mission of making the Internet globally available, secure and affordable for all mankind.
Multiven is expanding its cyberdefence program to harden and defend Bitcoin, Ethereum and other public cryptocurrency network nodes against advanced cyberattacks, fueled by the transaction fees from the Multiven Open Marketplace (MOM) — the world’s first blockchain-based marketplace for the global $3 Trillion IT products and services market.
What are Multiven’s ICO Goals?
Multiven’s ICO goals are;
1. To distribute MultiCoins, Multiven’s ERC-20 compliant tokens which are sole medium of exchange in the Multiven Open Marketplace, and power smart contracts to enable everybody to buy and sell IT and computer network hardware, software and services on a peer-to-peer basis without intermediaries.
2. MultiCoin Tokens will also be the means of compensating the decentralised elite team of network experts, security researchers and cryptographers that will maintain the integrity of the software that runs Bitcoin, Ethereum and other public blockchain nodes and their Internet gateway routers globally and in Orbit.
3. MultiCoins will also help realise Multiven’s NiO project of decentralising Bitcoin and Ethereum nodes into space by funding the research, development, manufacturing, deployment, launch into low Earth orbit (1000km above sea level), and monitoring of a spatial onion ring of Bitcoin and Ethereum Nano satellite (less than 10kg in weight) full Nodes-in-Orbit, powered by Delay Tolerant Networking as defined in RFC4838.
What is MultiCoin and why should I Invest in them?
MultiCoin (MTC) is Multiven’s ERC-20 compliant token that is the sole medium of exchange in the Multiven Open Marketplace (MOM).
You should own MultiCoins because you’ll need it to;
· Buy goods and services on MOM;
· Sell goods and services on MOM (proof-of-stake);
· Support the cyberdefence of Bitcoin, Ethereum and all public blockchain nodes.
How and where can I buy MultiCoin Tokens?
MultiCoins will only be available for purchase during the ICO ONLY at WWW.MULTIVEN.IO and no where else.
After the ICO, MultiCoins will be available for purchase at leading cryptocurrency exchanges.
When does the ICO start and end?
The Multiven ICO starts on 8 March 2018 and ends on 21 May 2018.
Is there a minimum and maximum amount I can invest and are there any associated bonuses?
In order to ensure equal and fair access to MultiCoins for all, the minimum amount you can invest is 0.1 ETH.
To also ensure that no ‘big’ player dominates MultiCoin ownership, a maximum cap per investor has been set as follows:
- Round 1, 1000 ETH with a 25% Bonus — (8th to 22nd March)
- Round 2, 500 ETH with a 20% Bonus — (23 march to 6th April)
- Round 3, 250 ETH with a 15% Bonus — (7th April to 28th April)
- Round 4, 50 ETH with a 0% Bonus — (29th April to 21st May)
How many Tokens will be sold during the ICO?
200 Million or 10% of the maximum supply.
Who can participate in the Multiven ICO?
Everybody except US citizens.
When will I receive my MultiCoin tokens?
MultiCoins will be released two weeks after the ICO ends.
Will I be required to verify my identity to participate in the ICO?
Yes, Multiven ICO is compliant with Know Your Customer and Anti-Money Laundering processes.
What are the steps for purchasing MultiCoins during the ICO?
- Step 1 — Pass the KYC process.
- Step 2 — MultiCoin is based on the Ethereum Blockchain hence you will need an ERC-20 compliant wallet address from where you will send your ETH or BTC. Warning: DO NOT SEND ETH or BTC from an EXCHANGE WALLET.
- Step 3 — Transfer the BTC or ETH to the Multiven provided wallet address
- Step 4 — Two weeks after the ICO is completed, Multiven will transfer your MultiCoin Tokens to your ERC-20 Wallet Address.
We strongly advise contributors to use one of the following ERC-20 compatible wallets:
• Metamask
• MyEtherWallet
• Mist
• Ledger S
Warning: DO NOT SUBSCRIBE WITH AN EXCHANGE (e.g. KRAKEN, COINBASE, BINANCE etc.) WALLET ADDRESS
When will I receive my Multicoin tokens?
Multicoin tokens will be released within 2 weeks following the end of the ICO, upon announcement from the Multiven team. If you do not receive your Multicoin tokens or encounter any other issue during the sale process, contact the Multiven support team at: ico AT multiven.com
On what exchanges will the Multicoin token be tradable?
MultiCoin will be tradable on multiple exchanges after the ICO.
I have expertise covering some of the projects highlighted in Multiven’s ICO. Could I become an advisor?
Multiven would be glad to hear from you. Please contact us at advisor AT multiven.com
Is Multiven hiring?
Yes, we have multiple open positions in DTN engineering, satellite design, product management, data centre architects, and many more. Please send your resume to opportunities AT multiven.com
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