TokenCard ICO Details

Learn all there is to know about the TokenCard initial coin offering.


Monolith Studio’s TokenCard is a platform to hold your ERC20 tokens, as well as spend them using a visa debit card. The ICO raised $12.7 Million using a variety of Ethereum based tokens as funding. The...


Status Finished
Token Type ETH (ERC20)
ICO Dates 02/05/2017 - 02/05/2017
Funds Raised $12,700,000
Whitepaper Read Whitepaper
Website Go To Sale Website
Features Bonus
Jurisdiction N/A

Background

Monolith Studio’s TokenCard is a platform to hold your ERC20 tokens, as well as spend them using a visa debit card. The ICO raised $12.7 Million using a variety of Ethereum based tokens as funding. The initial rate was 150 TKN per ETH which dropped by 10 TKN for every $750,000 that was raised. To a minimum rate of 100 TKN/ETH. The token reserve is as follows, 20% goes to 18 month smart contract split evenly between founders and Monolith Studio, 15% available to Monolith which can be sold, 5% for advisors.

The funding from the ICO will be spent with the following distribution:

  • Core Development 30%
  • Operational 25%
  • Marketing 40%
  • Legal and compliance 5%

 


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