Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [MNY] [INO]: MONKEY CAPITAL INITIAL NOTE OFFERING
by
Sympathytechwriter78
on 15/05/2018, 04:14:14 UTC

COUNTDOWN TO THE MONKEY (MNY) INITIAL NOTE OFFERING!

Dunaton is proud to make the announcement that we are preparing now for the forthcoming Initial Note Offering (INO) of Monkey (MNY) by Monkey Capital, a Dunaton brand.

Coeval (COE) is scheduled to be delivered on Thursday, May 17, 2018 (tentatively scheduled) to token holders who partook in the Waves-based swaps during 2017. COE will thereafter be on sale via its own smart contract.

Monkey (MNY) will be offered exclusively to COE holders during May 17-May 20, after which the smart contract will go on sale to other members of the public.

The Monkey Capital ICO was initially scheduled to take place on August 8, 2017. However, due to a variety of reasons it was delayed. Those issues that formerly existed with respect to the product offering have now been resolved, and Dunaton is hastily preparing the coming ICO.


Summary of Note
MNY has a total supply of 21,000,000. It sells at exactly the same prices as Bitcoin has been mined since 2010. After 21,000,000 MNY are issued, all MNY swaps back for all cryptocurrencies ever used to purchase it, stored safely in the smart contract. MNY is the next BTC …

How does it work?
1.   Crypto (selection will be announced shortly) is sent to the MNY smart contract
2.   MNY sells at the same price schedule as Bitcoin (historical record)
3.   After around 17m, a randomised price that is > Bitcoin’s highest ever price is selected for the sale of up to 21m MNY
4.   After 21m MNY are issued, every MNY holder is eligible to re-exchange without penalty their MNY for ALL crypto in the MNY smart contract (pro-rate share)


For COE holders
1.   COE entitles the holder to exclusively mine the MNY smart contract for a period of 4 days (May 17-21) before other cryptocurrencies are permitted to mine it
2.   COE also entitles the holder to a monthly discount on MNY purchases. This discount grows larger the more MNY is mined relative to COE purchased
3.   COE is the single most valuable tool for MNY miners




long awiaited ... and sounding pretty spectacular! So if I’m right this is basically the same thing EXACTLY as Bitcoin but in Ether-token form and you get all your money back in the end? That’s hard to imagine NOT taking off to the moon to be honest - assuming I have that right