Multiven ICO (MTC)
Blockchain-based open marketplace for IT related devices and networking equipments
Start Date
08 Mar, 2018
End Date
09 Oct, 2018
Multiven Score Analysis
Multiven is working on building a decentralised marketplace of IT products and services on the blockchain and will then use the transaction fees to fund its "engineer community" that works on blockchain nodes to further improve the platform and other Dapps that use it. This gives Multiven considerable advantages over many of its competitors in the IT market as blockchain enables easier global trade. On the other hand, Multiven’s idea contains a major disadvantage and that is that the entire project relies on hiring developers from the public, one that might not share the same ideas or even the will to work on the blockchain. Unfortunately, Multiven currently has no product or prototype that will allow us to see what their marketplace will look like and the MVP will only be released in Q3 of this year at the earliest. The team is small but every member is experienced in their respective field and the plan is to hire many more people to help market and develop the project. Marketing is decent but the crypto community appears uninterested at the moment. The project contains several warning signs such as the project team leader and only developer not having the project on their LinkedIn profiles, there is no development team at the moment (though as mentioned earlier, there is a plan to rectify this) and the technology seems very advanced and possibly out of reach.
Multiven Use of Token
MTC is Multiven's native token. MTC is an Ethereum based ERC20 token. There is a total of 2 billion MTC tokens. 200 million MTC tokens will be offered for sale via the public ICO. 60.5% of the total supply of MTC tokens will be allocated to the "Multiven Foundation Reserve" which will be used to fund the Bitcoin Node-in-Orbit program.
Organization
Multiven Open Marketplace
Platform
Ethereum
Coin type
Utility Token
Category
Finance
Soft cap
25,000,000
Max cap
50,000,000
Max supply
2,000,000,000 MTC
Price
0.59
Multiven Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
- Token Sale Round 1
- 08 March, 2019
- 06 June, 2019
- 30,000,000 MOM
- 0.59
- 25
- Claim
- Token Sale Round 2
- 07 June, 2019
- 07 August, 2019
- 40,000,000 MOM
- 0.59
- 20
- Claim
- Token Sale Round 3
- 08 August, 2019
- 08 September, 2019
- 60,000,000 MOM
- 0.59
- 15
- Claim
- Token Sale Round 4
- 09 September, 2019
- 09 October, 2019
- 70,000,000 MOM
- 0.59
- Claim
Multiven Distribution
Multiven Use of Proceeds
Multiven Team Members
Multiven Advisors
Multiven Past Events
- 31 December, 2019
Launch of Multiven Platform
- 30 September, 2019
First Large Customer – Lucent Technologies
- 31 December, 2019
Multiven sues Cisco to end its Monopoly of the Internet
- 30 September, 2019
Cisco Settles Lawsuit by providing Multiven with software and security updates
- 30 June, 2019
Multiven files new complaint against Cisco with Swiss competition commission
- 30 September, 2019
Swiss competition commission grants Multiven wishes making all Cisco software transferable
- 31 December, 2019
Multiven re-locates headquarters to Netherlands
- 31 March, 2019
First direct Sales office opens in Paris, France
- 31 March, 2019
Marketplace Development Commences
- 31 March, 2019
ICO Public Sale
- 30 June, 2019
Live Monitoring & CyberDefense of Bitcoin et al Nodes Commences
- 30 June, 2019
Nodes-in-Orbit (NiO) R&D Commences
- 30 September, 2019
MOM QA Testing and Security Audit
- 31 December, 2019
Launch of MOM MVP in Alpha
- 31 March, 2019
Deployment of Stable version of MOM with ongoing QA Testing and Launch of MOM Wallet.
- 30 June, 2019
Official Launch of MOM Platform and Trading and Map-the-Internet Commences.
- 30 September, 2019
Launch of first 9 Bitcoin Nodes-in-Orbit (NiO)