πŸ’ŽπŸ’Ž Merchant Token (MTO) ICO | DEFI | POS – Consumer protection. Similar to Paypal but for Crypto πŸ’ŽπŸ’Ž

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πŸ’ŽπŸ’Ž Merchant Token (MTO) ICO | DEFI | POS – Consumer protection. Similar to Paypal but for Crypto πŸ’ŽπŸ’Ž

About HIPS Payment Group Ltd (hips.com)

HIPS Payment Group Ltd. is a provider of innovative and cost-effective e-commerce and mobile payment solutions. Built on cutting-edge technology, Hips is disrupting the finance industry with its Payment gateway for Point of Sale, e-commerce, and m-commerce, a fully integrated, digital financial commerce platform with full reconciliation and financing support.

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.

ICO Lanchpad: https://ico.merchanttoken.org
Merchant Token Website: https://merchanttoken.org

Legal

Blockchain Platform: Ethereum
Country limitations: US, Canada
Registration country: Sweden
Registration year: 2020
Office address: Strandgatan 1, Halmstad, Sweden

Details

Public sales: Apr 01, 2021 – Jun 30, 2021
Pre-sale token supply: 5,000,000 MTO
Token Supply for ICO: 50,000,000 MTO
Total tokens for sale: 55,000,000 MTO
Max Token supply: 100,000,000 MTO
Current Phase of ICO: 60 of 100
Fully Diluted MC: $79,000,000
Hard cap: 37,404,503 USD
Raised: $14,840,142 USD

Token info

Ticker: MTO
Type: Utility-token
Token standard: ERC20
Current Token price in USD: 1 MTO = 0.80 USD
Accepted currencies: EUR, USD, GBP, SEK, NOK, JPY, CHF, AUD

Token distribution

Seed supporters – 8% – 10% unlocked after ICO / 90% over 2 years
Private-sale participants – 5% – 25% unlocked after ICO / 75% over 6 months
Team and advisors – 11% – 100% after 4 years from ICO
Strategic Partnerships – 13% – Tokens are released over a period no less than 48 months. Further details to be announced.
Strategic Ecosystem grant pool – 13% – Tokens are released over a period no less than 48 months. Further details to be announced.
Public-sale participants (ICO) – 50% – Tokens are locked until ICO ends / Unsold tokens will be burned

Merchant Token Roadmap

1 – Project Launched June 2020 – The Merchant Protocol Project was privatly Launched by Hips Payment Group
2 – Merchant Protocol Contract November 2020 – The first Merchant Protocol Contract was live in the Ethereum blockchain
3 – MasterCard Pay360 Conference 16 – 19 March 2021 – Announced the Hips Merchant Blockchain and Hips Merchant Protocol
4 – Launchpad ICO Start 1 April 2021 – Launchpad ICO Start
5- Announcing partnership April 2021 – Announcing the first big partnership
6 – Announcing partnership May 2021 – Announcing the second big partnership
7 – Launchpad ICO Ending 30 June 2021 – Ending the Launchpad ICO funding
8 – Exchange listing 12 July 2021 – Listing on Uniswap
9 – Announcing partnership July 2021 – Announcing the third big partnership
10 – Exchange listing 5 August 2021 – Major Asian Exchange listing
11 – Exchange listing 12 August 2021 – Major European Exchange listing
12 – Exchange listing 19 August 2021 – Major Global Exchange listing
13 – Launch of MPG Q4 2021 – The Merchant Payment Gateway and dispute central dApp goes live

Payment methods on ICO

– Coinbase using any Crypto (I suggest for lower fees to use Litecoin – LTC)
– Buy using Visa or Mastercard
– Bank Transfer

Compatible Moble app and Tokens Wallets

Merchant Token (MTO) can be stored in all wallets supporting ERC20 tokens.

Metamask Wallet – PC and Mac, Android and iOS
Trust Wallet
MEW Wallet
Kanga Exchange Wallet – PC and MAC
Atomic Wallet – iOS
ERC-20 Token Wallet – Android

ICO Phases

They price on ICO phases is going up $0.01 for each new phase reached, and the amount of each phase size is going to increase to provide strong resistance and not allow price going down when listed on exchanges. The tokens that not selled up to 30 June will be burned.

Phase 1 to 22 – $100,000 each phase
Phase 23 to 52 – $250,000 each phase
Phase 53 to 94 – $500,000 each phase
Phase 94 to 99 – $1,000,000 each phase
Phase 100 – $1.704.503

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