The MTO is a new concept which I find very interesting, I was thinking its a new method of fund raising, just like the ICO and IEO, but it appears different because in the MTO, the tokens are already trading and the funds are not raised for project development, but rather serves as liquidity since the tokens are trading.
Yes, that's true. I guess the purpose of the MTO is to give extra volume to Thunder token in this case and also contribute to the burning of STP. I remember reading an article which says that the STP raised from the MTO pool would be burnt. Do you have any idea on where Thunder token is trading?
Thunder token is a huge project, I must confess. Its currently traded on several great exchanges like huobi global, huobi Korea, upbit, bittrex, and many others, I must commend the STP team for sealing such a glorious partnership.
I missed Thundertokens IEO on huobi. And that on STP Network too. Lol.
I guess I have to buy TT on huobi or a different exchange at a much higher price. Ill like to be a part of the next MTO on STP Network.