MIDASCAPS (MDC) ICO review

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He MidasCaps ecosystem and business model is predominantly centered around the production of capsules-an innovative technology for conveniently carrying.

he MIDASCAPS ecosystem and business model is predominantly centered around the production of capsules - an innovative technology for conveniently carrying and dispensing nutritional supplements. This physical product, called Midas Capsules, facilitates the creation and use of a utility token, MidasCoin, which can be used for the purchase of capsules and as currency on the MidasEngine platform. In turn, MidasEngine taps into the sharing economy, enabling users to organize local small scale sports events in which anyone to participate for a fee. Whitelist URL - No Blockchain Platform Ethereum (ERC20) Token name - MidasCoin Max Supply - 250 000 000 Whitelist Start Date - no Whitelist End Date - no ICO Start Date - IEO starts on August 2nd 2019 ICO End Date - IEO ends August 31 2019 Round №1: 02/08/2019 - 08/08/2019 ▪️ Number of tokens: 60,000,000 MDC ▪️ Tokens as a percentage: 24% ▪️ Price: $0.01 ▪️ Target: $600,000 ▪️ Early investment bonus: 10% of the total investment amount ▪️ Blocking: 3 months after the end of the round Round №2: 09/08/2019 -–15/08/2019 ▪️ Number of tokens: 60,000,000 MDC ▪️ Tokens as a percentage: 24% ▪️ Price: $0.015 ▪️ Target: $900,000 ▪️ Early investment bonus: 7% of the total investment amount ▪️ Blocking: 2 months after the end of the round Round №3: 16/08/2019 -–31/08/2019 ▪️ Number of tokens: 50,000,000 MDC ▪️ Tokens as a percentage: 20% ▪️ Price: $0.02 ▪️ Target: $1,000,000 ▪️ Early investment bonus: 5% of the total investment amount ▪️ Blocking: 1 month after the end of the round Presale Start Date - No Presale End Date - No ICO Hard Cap – 2 500 000 USD ICO Soft Cap - 35 000 USD Amount Raised Currency (ETH, NEO, USD, etc.) - No Amount of Tokens For Sale - 170 000 000 Accepted Currencies (eg. BTC,ETH,XRP) - ETH, BTC Is KYC Required? (Yes|No) Yes Tokensale Restrictions - USD and Canada citizens are not allowed website - https://midascaps.io/

The MIDASCAPS ecosystem and business model is predominantly centered around the production of capsules - an innovative technology for conveniently carrying and dispensing nutritional supplements. This physical product, called Midas Capsules, facilitates the creation and use of a utility token, MidasCoin, which can be used for the purchase of capsules and as currency on the MidasEngine platform. In turn, MidasEngine taps into the sharing economy, enabling users to organize local small scale sports events in which anyone to participate for a fee. 

This document will outline our approach towards building a sustainable token economy for MidasCoins, its monetary and interaction policies, as well as providing an adequate fair price estimate for the tokens down the line.

MIDASCAPS ICO Presentation

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