Post
Topic
Board Announcements (Altcoins)
Re: Mutual Trust - A Ubiq-based Token
by
mutual_trust
on 28/04/2017, 04:59:31 UTC
Total Supply; 200,000,000  Roll Eyes
Round 1, MTC cost 800 Satoshi each
Round 2, MTC cost 1000 Satoshi each
Round 3, MTC cost 1500 Satoshi each

Round 4, MTC cost 5000 Satoshi each  Grin Grin Grin

That's a lot of BTC already even at 800sat, if in case those 100M coins are sold at round 1.
The dev needs to do some active campaigns here to sell his tokens.

By the way, in what part of the world do you plan to build those residential buildings or do these construction projects?
There's quite a few similar projects that were launched before, but unfortunately they failed.
So what are the unique features of your project that will be different from the others and will be a good investment?


With regards to the funds being raised, any unsold MTC will be destroyed by the public exchange when round 3 of the IPO ends, assuming we "only" sell between 50-100m, we would raise upto 800 Bitcoin, with a current market value of just over $1m, obviously for a small business this is a large amount of money, but for property development / construction, this is quite small.

We, and the construction projects, are based in the UK, hence the hopes of raising a large sum. Property, land to build on or existing houses to renovate, are not cheap. We estimate we need to raise at least $600-$700k in order to run a small/medium sized project.

I know of only 1 project that was similar (Arch) that failed. I have been told by a couple of different people that they failed for different reasons, one person told me they failed because of regulations with regard to investing and/or investment/promises of high-profit returns etc, another person told me they failed simply because the developer didn't actually have a clue about the industry they were stepping into.

WE are already experienced in the construction and development industry and have been for a combined 30 years between just two of us (who do the main bulk of the work), WE are relatively new to the crypto-industry but see this as a way of making a project actually work and have something tangible behind a coin/token instead of empty promises of the moon.