MustangChain ICO

MustangChain Whitelist

Digitizing the equine industry

ICO Details

Status
Upcoming
Starting date
TBD
Ending date
TBD
Whitelist
Yes
Token Sale Hard Cap
$ 20,000,000
Token Sale Soft Cap
$ 20,000,000
Presale Start Date
June 11th, 2018
Presale End Date
July 30th, 2018
Token Symbol
MUST
Token Type
Vechain platform ERC20
Token Distribution
Token Manifestation Event 27.5% of the tokens are available for the TME which translates into 27,500,000,000 MUST tokens. The projected hard cap is set around the VET equivalent of $20M USD. The 27.5% tokens will be distributed as follows over the different rounds: 12% during the Private Round. 7% during the VeChain Community X-Node Round. 6% during the Public Round 2,5% during the Special Round Community Bounty and Marketing 20% of the token supply will be used to incentivize our most dedicated community members for contributing to the project. Advisors and Future Partners 15% of the token supply is to be used as incentives alignment mechanism for strategic partners, influencers, and advisors. Business Development 15% of the token supply will be used for business development in the form of key equine stakeholders that are connected to the MustangChain. Team and Founders 10% of the token supply is reserved for the core contributors. These tokens will be distributed based on a merit system and at the discretion of the foundation. The lockup period of these tokens will be 24 months. Reserved Future R&D & Operations 12.5% of the token supply will be reserved for future development of the MustangChain SVS solution and the Ecosystem.
Initial Token Price
1 VEN = 5200 MUST
KYC
Yes
Participation Restrictions
non accredited investors are not allowed to participate
Features

MustangChain aims to set a global standard to counter fraud in the equine industry by introducing tamper-proof passport authentication, equine identification, and a swiftly accessible and decentralized data platform, thereby establishing trust among all participants within the ecosystem. Horses will have an NFC chip integrated passport that grants access to a horse’s data record on the blockchain, registering items such as ownership, studbook, medical records, breeding history, and other important variables necessary for informed trading, breeding, and handling.

Core Team


Danny van de Griend
Chief Executive Officer


Onur Yildirim
Operating Officer


Shaif Basier
Chief Financial Officer


Pascal de Kloe
Chief Technical Officer


Robert van Aert Chief Legal Officer
Chief Legal Officer


David de Vriesere
Director of Public Affairs


Dmitry Tryndyk
IT Director

Advisory Team


Sunny Lu https://www.linkedin.com/in/sunny-lu-55456915/


Bart Brands https://www.linkedin.com/in/bart-j-brands/


Bert Schelfhout https://www.linkedin.com/in/bert-schelfhout/


Frank van Leeuwen


Rorie Devine


Takako Yoshikawa


Stephane Schrickx


Pieter Verstraete