Market Cash ICO
Market Cash is a decentralized blockchain based cryptocurrency that is created with an aim to bring revolution in the blockchain industry.
|ICO Name||Market Cash|
|Description||Market Cash is a decentralized blockchain based cryptocurrency that is created with an aim to bring revolution in the blockchain industry.|
|White Paper URL||https://marketcash.io/downloads/whitepaper-marketcash-en.pdf|
|ICO Launch||2018/03/28 18:52|
|ICO Closing||2018/04/15 18:52|
|Token Platform||ETH (ERC20)|
|Coins Offered||20% of the total token supply|
What Is Market Cash?
Market Cash is a decentralized blockchain based cryptocurrency that is created with an aim to bring revolution in the blockchain industry. It is going to be the most usable cryptocurrency around the world. Typically, ICOs launch their personalized tokens to be used within the platform. Market Cash is different. It offers its clients an option to use it tokens on other platforms as well for their day to day expenses and households. In addition to that, people can use market cash tokens to buy discounted services and products from the platform’s designated markets as well as to pay the fee in market cash exchanges. Besides being easy to carry and use, it is encrypted, secure and scalable.
Market Cash is a blockchain based decentralized digital currency that can be used anywhere you wish to use. People can use it on associated partner exchanges to buy other cryptocurrencies against it, on the marketplace to sell or purchase it to or from other users, and online for e-commerce purposes. The platform strives hard to provide the masses with three solutions at a time including easy to use, increasingly useable and secured. The platform intends to integrate all of the prospected solutions to let users of the platform access marketplace and exchanges making the businesses become more efficient.
How Does Market Cash Work?
As we have already mentioned that market cash is a digital currency powered by blockchain technology. We now move forward mentioning some detail concerning how does it work? Unlike most of the ICOs, the platform offers its own wallet to store cryptocurrencies and to transfer them. People who wish to use the platform need to sign up for a wallet account with the platform. The wallet account with the company can be opened by accessing the official website of the ICO. Currently, the wallet has limited functions available, this is because the immediate attention of the platform was to develop a cryptocurrency that can be used by a common man without any inconvenience. However, the platform intends to incorporate more functions over time.
Earn Market Cash Tokens
To earn market cash tokens people needed to get themselves registered on the official website of the ICO in order to participate in the public sale of the ICO. The pre-sale phase of the ICO has already been concluded. Therefore, those who wish to earn Market cash token can go the other way. Investors can earn Market Cash tokens from the supported exchanges in exchange for other cryptocurrencies after the ICO ends.
Buy Market Cash Tokens With E-Wallets
People can buy market cash tokens using their e-wallets since all those who wish to buy market cash tokens need to send ethereum to the platform to receive Market Cash tokens. The platform supports etehreum as its accepted form of payment and is powered by ERC20 tokens. In short, you need to have an e-wallet if you wish to buy Market Cash tokens or any other form of cryptocurrency.
The ICO Distribution
The ICO launched its token sale on March 28, 2018. The ICO is expected to last for a month and a half. It will end on May 15th, 2018. There will be 60,000,000 MKT (20%)) tokens available for the public to subscribe. The minimum fundraising of the ICO is not known yet. The ICO also hasn’t shared any detail concerning the hard capping. The starting price of the ICO is expected to be $0.05 USD.
The ICO Distribution
The ICO plans to distribute its tokens under the following proportion;
- 20% tokens are planned to be distributed to the public through the ICO token sale
- 05% tokens are planned to be distributed to the Marketing department of the ICO
- 05% tokens are planned to be distributed to the founders and the development team of the ICO
- 70% tokens are planned to be distributed to the platform through mining
The ICO plans to allocate its funds generated through the ICO under following proportion;
- 50% funds are planned to be allocated for the development of marketplace and exchange
- 15% funds are planned to be allocated to the Emergency Funds
- 35% funds are planned to be spent of Headquarter and IT Structure
Unlike other ICOs, Market Cash doesn’t seem to be offering any bonus to its early investors or contributors. However, it may announce some bonus offer to boost up the token sale of the ICO sometimes later. Therefore, people anticipating bonus offers need to wait a little more.
The ICO has following team members;
- Rafael Nascimento is the CEO and Founder of the ICO
- Cezar Fuhr is the System Developer and Software Engineer at Market Cash
- Thiago Costa is the Lead Developer at Market Cash
- Elcio Lima is another Developer at Market Cash
- Lincoln Chern is the Coordination Manager for International Market at Market Cash
- Maurício Brito is the Designer at Market Cash
Invest In Market Cash
After a careful review of the ICO, we hereby conclude that the ICO has a very lively objective of becoming a universal cryptocurrency. The platform intends to make its digital currency more usable by making a common man understand how to use it. This will surely help the ICO become more famous and able to raise the target funding way sooner than expected. We believe investing in the Market Cash can turn out to be a good decision. We, therefore, suggest people should take a chance and invest in Market Cash open heartedly.