Funding a project has become a child's play in recent times, every other venture is turning towards crowd funding to raise capital and turn their idea into a reality. As per estimates over USD 650 million has been raised via crowdfunding till July 2017 and many more ICOs are likely to hit the market in coming months. With the success of Bitcoin and Ethereum investors are in a rush to join the cryptocurrency bandwagon. Spotting a good venture in the dearth of ICOs is like finding a diamond in the rough. Monkey Capital is one of those few and far between investment opportunities that have been accredited platinum rating by CoinSchedule – An ICO information website.
What is Monkey Capital?
Monkey Capital is a decentralized network of companies forming an alliance (Value Coeval) to leverage core competencies of member companies. This would be used to generate returns by investing in cutting edge innovations, blockchain consultations, hostile takeovers and spinoff ICOs. The members of Monkey Capital value coeval are:
COEVAL and Monkey Token (MNY)
COEVAL is an embryo token which was offered by DMH&CO, Monkey Capital's original founding entity, to investors. Currently there are 49000 COEVALS in circulation and at the point of ICO 10,000MNY per COEVAL will be credited to these investors. During the ICO Monkey capital will offer 1 Billion MNY tokens for sale on the Waves digital exchange and amount raised will be the sum collected by sale of MNYs till 9 September 2017.
COEVAL would be the core currency of this Monkey Capital and all the dividends, incentives and payments to MNY token holders would be done via COEVALS. The benefit of multi token arrangement is that the value of COEVAL would increase as Monkey Capital would have to buy COEVALs from open markets to pay out dividends to MNY token holders. MNY is proposed to have three more child tokens for different portfolio investments, ICOs for which would come in later part of the year.
MNY token will receive 10% of all revenues of Monkey Capital Pte. Ltd. Further, all the child portfolios would contribute half of their earnings to MNY portfolio. 50% of this amount will be paid out to MNY holders.
Sources of Income
Venture Capital Portfolio
Monkey Capital intends to invest into cutting edge innovations cutting across EduTech, Healthcare IT, Electronics, Aviation, Artificial Intelligence, Zero Emission Vehicles, Consumer Tech, Healthcare Tech, Banking, and Space Travel.
Loud Capital (A member of the value COEVAL) has invested in Elite Aerospace, a parts supplier company which caters to biggies such as Boeing, Embraer, SpaceX among others. The investment has a potential to provide a return of 30% CAGR until Elite Aerospace comes with their IPO.
Make your Investments go Bananas
About the ICO
ICO Period: - 8th August 2017 to 9
September 2017
Token Symbol: - MNY
Token Supply: - 1,000,000,000 MNY
Platform: Waves Digital Exchange
Accepted Currencies: - BTC, WAVES, ETH, LTC, XRP, COEVAL
Role of Token: - Proof-of-Membership
Website: - https://www.monkey.capital/
Twitter: - https://twitter.com/monkeycapitaico
Reddit: - https://www.reddit.com/r/monkeycapital/
Official Slack: - https://mkinvites.herokuapp.com/
