Merchant Token ICO

Merchant Token Hot

DeFi Payment Protocol that enables POS terminals on blockchains and brings consumer protection to crypto payments

ICO Details

Status
Active
Starting date
April 1st, 2021
Ending date
June 30th, 2021
Whitelist
No
Token Sale Hard Cap
$ 37,404,503
Token Sale Soft Cap
$ 5,000,000
Token Symbol
MTO
Token Type
ERC20, Ethereum
Token Distribution
Seed supporters
8,000,000 MTO (8%)
• Sold at $0.20
• Tokens are vested; 10% unlocked
after ICO; 90% over 2 years.

Private-sale participants
5,000,000 MTO (5%)
• Sold at $0.20 - $0.30
• Tokens are vested; 25% unlocked after ICO; 75% over 6 months.

Team and advisors
11,000,000 MTO (11%)
• Tokens are vested; 100% after 4 years from ICO.

Strategic Partnerships
13,000,000 MTO (13%)
• Tokens are released over a period no less than 48 months; further details to be announced.

Strategic Ecosystem grant pool
13,000,000 MTO (13%)
• Tokens are released over a period no less than 48 months; further details to be announced.

Public-sale participants (ICO)
50,000,000 MTO (50%)
• Sold at $0.30 - $1
• Tokens are locked until ICO ends

Initial Token Price
0.20 - 1.20 USD / MTO
KYC
No
Accepts
ETH, BTC, USD, EUR, LTC
Features

HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP-gateway) and the governing Merchant Token (MTO) is a solution that introduces consumer protection concepts from the traditional card payment industry to any blockchain with support for smart contracts like Ethereum, Cardano (ADA) or Solana, which we believe is the missing piece for crypto payments to have a market penetration and acceptance among mainstream consumers. HIPS Merchant Blockchain is the native blockchain for HMP and Merchant Coin (MEO), optimized for real-time Merchant transactions created for Payment Service Providers (PSP) and EFTPOS devices with full support for backward compatible financial protocols like ISO8583 enabling crypto payments in standard terminal messages, using the existing terminal, and card scheme infrastructures for crypto payments in Hips Merchant Blockchain.

Core Team


John Cavebring
CEO


Emil Lundvall
CFO


Axel Arvidsson
COO

Advisory Team