Merculet Project Token Distribution Details

About Merculet

Merculet is the chief growth officer of the global entrepreneurs. It maximizes the value of the internet to become the ultimate solution by implanting the ultimate solution through the implementation of user’s attention into the enterprise growth. It has built an Attention Value Network for the token system of Merculet Value Protocol, MVP to connect with both of the supply and demand sides of attention with an open protocol suits with the promotion of a virtuous circulation of the Internet of Value.

MVP

MVP is the cornerstone of Merculet that runs through the entire system and used by different holders like entrepreneurs, users, content contributors and advertisers. It is neither a currency which is issued by any individuals, entities, central bank or nationals, super nationals or quasi-nationals organization nor backed by any hard assets or other credits. The MVP trading circulations are not responsible for pursuing rather it merely depends on o the consensus on its value between the relevant market participants.

Trading of MVP mostly depends on its own value between the relevant market participants and none is obliged to redeem or purchase any MVP from MVP holders. Cryptographic tokes are traded on public markets and usually have extreme violations of prices. Prices may fluctuate while traded on public markets for extreme violations of prices. Prices may be denominated in Bitcoin, Ether, US Dollars or in any other fiat currencies.

MVP Token Distribution

Merculet has declared their distribution of tokens. The total volume for the MVP tokens will be 10,000,000,000 where all the MVP tokens will be pre-minted and supply will be finite. The distribution of tokens has determined. 35% of tokens will be reserved for the foundation, 15% tokens will be reserved for marketing, 20% will be reserved for Merculet team and advisors, and 30% tokens will be up for tokens contribution.

There will be only 10,000 ETH for Softcap and 37,000 ETH for Hardcap. Only 21,000 ETH tokens will be up for private sale and it will require KYC or AML and 1 ETH is equaled to 87,500 MVP. Every investor can have a minimum of 150 ETH of contribution whereas the maximum amount of contribution can be of 1,000 ETH. There will be 20% of token release in every month after the start of token releases and the total vesting period will be five months. Investors can start registering from 5th of April 2018 at 8 am CST. For public token sale, only 16,000 ETH will be released as per KYC or AML requirement. Here, 1 ETH will be equals to 70,000 MVP.

Investors can contribute minimum 0.1 ETH to maximum 5 ETH per head. There will be no vesting periods for public token sale and the period will start from 25th of April 2018 at 8 am CST and will last till April 30th, 2018 at 8am CST. Tokens will release after 6 weeks for completion of tokens. People from China and USA are forbidden to participate in the token sale.

Merculet is working hard on making their system run without any faults. Though there is no guarantee and nobody can even ensure any of the flaw-free source code. Because it might contain certain flaws, errors, defects and bugs that may disable some functionality for the users, expose user’s information or otherwise.

By using the Merculet blockchain technology, it enhances the transfers of relations among the consumers, producers, and investors and enables to monetize their attention. This also helps the growth of enterprise to do their business by creating a virtuous feedback into the ecosystem and redistribute the value driven trillion dollar economy.