Merculet is created to lead the transformation of turning the information-based internet into the value-based internet. Merculet uses blockchain technology to convert attention into token so that individual user’s value can be recognized precisely. Users pay attention, corporates assess the value of users’ attention, convert it to a part of corporate’s value chain and then reward the users accordingly.
The team is well-rounded overall, with significant amount of background experience from within big name tech companies (SAP, HP, Dell etc).
The project is backed by some successful VC firms and their advisory board includes some of blockchain industry's best known strategic partners:
Through their partnerships, Merculet has the potential to reach 4 to 5 hundreds of million consumers for their ecosystems user adoption:
If Merculet achieves their objective, they will be able to give life to a complete scaling marketplace, which retains user attention in a convenient manner. However, to build the user attention, it is important to focus on delivering hands on user experience, instead of relying on the big companies in social media such as Snapchat and Facebook.
Website: https://merculet.io/
Token symbol: MVP
Token type: ERC20 (Ethereum platform)
Non-tech whitepaper: https://merculet.io/static/pdf/Merculet_project_paper-FINAL-0418-Updated.pdf
Whitepaper: https://merculet.io/static/pdf/Merculet_Whitepaper_V0331a-EN.pdf
Hard cap: 37000 ETH
Total possible tokens: 10,000,000,000 MVP
Token price: 1 ETH = 70,000 MVP
Token distribution:
Community reserved: 30%
Private sale: 21000 ETH (already sold out)
Public sale: 16000 ETH
Token distribution
Foundation: 35%
Token Contribution: 30%
Marketing: 15%
Team & Advisors: 20%
Token distribution timeline
Main Sale Period: May 4, 2018, 8am CST - May 9, 2018, 8am CST
tokens will be distributed 6 weeks after main sale completes
Vesting Period: 5 months (20% token released per month, starting from token release)
Roadmap
2018
Q1:
Perfect User Attention Based Growth Methodology;
Design of Attention Value Network (AVN) System and Verification of POC;
Q2:
MVP Token onboard;
Release AVN system β1 (including UAV system 1.0 & UAT system 1.0) & Application Market β1；
Content Open Platform Product Design;
At least one of the partners is onboard (ELEX), and finish testing for 15+ partners;
Q3:
Release AVN system β2, Attention Purse β1 , UAT Application Market Version 1.1 & Open Content Platform β1;
Q4:
Release Attention Purse β2 & Open Content Platform β2;
Support the exchange of between UATs;
AVN (User Attention Value Network) 1.0 onboard.
2019
Q1:
Content localization & internationalization;
Localization of product features;
To enrich MVP's commercial applications and distribution scenarios (including offline);
Q2:
Open Content Platform:
Consensus mechanism of application layer(R+POS), Reputation system, Community courts & Micro-tasking system onboard;
Underlying technology upgrade;
Q3:
Underlying technology upgrade
Q4:
Native Token & Smart Contract Early Support
“De-Merculet-lization” of all aspects of the ecosystem and advancement of health development for the community without Merculet participation;
Product stage
Merculet is going to have a close working relationship with MagicWindow, a company based in China specialized in user growth, scaling and retention.
It should also be noted that the majority of the key members of the Merculet team are also in executive positions in MagicWindow. Merculet also has strategic partnerships with Solo Ads, and ELEX.
Token usage
The native cornerstone currency of Merculet is MVP and secondary ecosystem only tokens are known as UATs or User Attention Tokens.
Users will create, view and curate content, use DApps, exchange data on the Merculet open content platform that will record this information onto the blockchain. The attention each user provides will be measured scientifically assigned a value available to businesses for a fee. Merculet will also offer value-added services for a fee that enable businesses to better analyze their data and methods.
The business will then use MVP to create custom User Attention Tokens (different for each business/project/etc). This is how attention is purchased in the ecosystem.
These UAT tokens can only be used or traded in the Merculet ecosystem (like casino chips or Chuck E. Cheese tokens) and will be used as rewards from businesses to users for their attention. Users can then exchange these UAT tokens for other UATs are for MVP tokens.
It's likely that businesses will allow users to purchase goods and services or receive awards with UAT tokens.
Team
Ivan Jiang, CEO
Founder, Magic Window (Enterprise App Growth Engine)
VP, AdMaster Inc. (Digital Marketing)
Principal Engineer, SAP
Software Engineer, HP
Shenjun Zhang, CTO
CTO & Co-Founder, Magic Window (Enterprise App Growth Engine)
Associative Principal Engineer, Dell EMC
Engineering Director, Admaster (Digital Marketing)
Senior Software Engineer, SAP
Senior Software Engineer, Nurun (design and technology consultancy)
Software Engineer, Hewlett-Packard
Jerry Gao, CPO
Chief Product Officer, Magic Window (Enterprise App Growth Engine)
Senior Product Manager, Admaster (Digital Marketing)
UI/UX/Product Manager, Tianyi Video Media Co., Ltd.
Senior Consultant & Engineer, China Telecom
Kevin (Xiang-Bin) Wu, Chief Architect
Chief Architect, Magic Window (Enterprise App Growth Engine)
Solutions Architect, Philips
Software Designer, HP
Tony Shen, Head of Mobile Dev
Head of Mobile Development, Magic Window (Enterprise App Growth Engine)
Software Engineer, JD (China's largest online direct sales company)
Senior Software Engineer, Gewara (Chinese domestic life network platform)
ADVISORS
Shou Cheng Zhang
Professor at Stanford University
Founding chairman of DanHua Capital
American Academy of Sciences, Chinese Academy of Sciences
Shen Bo
Founder of Fenbushi Capital
Founder of BitShares
Roger Lim
Founding Partner of NEO Global Capital
Bin Sen Tang
Founder of ELEX
Business elites under 40 by Global Entrepreneur
Yue Feng Qiu
Partner of Roots Capital
Iris Yin
Founding Partner of Super Hash Capital
PARTNERSHIPS & STRATEGIC PARTNERS
Shou Cheng Zhang
The founding chairman of the DanHua Capital investment group that has a solid track record of investments. Mr. Zhang is a professor at Stanford University and a serious genius when it comes to quantum physics.
Shen Bo
Founder of Fenbushi Capital and BitShares. FenBushi Capital has a three person team including Vitalik Buterin.
Roger Lim
Experienced angel and blockchain investor, and founding partner of the NEO Global Capital Group, a strategic partner to Merculet.
The Merculet partner list includes some of the following firms:
Opportunities
The team is solid and has good backing of strong advisor capital groups.
The private sale is already over and reached 21000 ETH, means they do not need your money anymore to run the project, everything that is being sold now is purely for marketing purposes and to grow awareness for the project.
You get a chance to enter the Main sale without hassle, no need to rush or whitelist or go through any KYC and still a decent price for your investment.
Concerns
The project has not released alpha/proof-of-concept, therefore, it is essentially a white paper project.
The key team members are all working at Magic Windows. It is unclear how they will allocate their time between the two ventures.
Conclusion
In conclusion, this is a last minute opportunity to invest in this project because they already reached their marketcap of 21000 ETH during their private sale:
https://twitter.com/Merculet_io/status/988318830459084800
- Merculet_io
Flipping potential
For flipping, we’re very bearish, all tokens are vested and only distributed 20% per month, so that means there is no flipping potential here.
Long term potential
The potential is good, since we already are sure they have all the capital they need by reaching their private sale cap already, there is very little roadblocks ahead and it is very unlikely you will lose anything on this ICO, even with 5 months of vesting period which is nothing for longterm potential, this project should give us a good ROI. Their team is very professional and is backed by the strongest partners in the industry.
