Website

Incremint (MNTS)

ICO

Last updated: May 04, 2018

Incremint is a decentralized escrow system.

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Overview

Project industry	Finance Services & Banking
Product type	Platform
Founded	Cayman Islands
Whitepaper	Open

Technical details

Incremint's decentralized escrow platform is an enhanced variation of a DAICO.

What is Incremint

Investors control release of funds
Investors can force return of funds
Funds released over time
Issuers set milestones
Hosted investor communication space
Fiat escrow
Standardized voting mechanism
Established investor community
Turnkey implementation
Money delivered in tranches
Issuers can seek revisions of milestones
Resolution in case of deadlock

Details

Pre-sales: Dec 19, 2017 - Mar 04, 2018
Public sales: Jun 01, 2018 - Aug 31, 2018
Hard cap: 12,000,000 USD
Raised: 525,646 USD

Legal

Registration country: Cayman Islands

Office address: U.S. Address: Incremint.io Ltd. 701 Brazos Street, Suite 1616, Austin, TX 78701 Moscow Address: Incremint.io Ltd. 12-1 Bolshaya Ordynka Street Moscow 115035 Cayman Islands Address: Incremint.io Ltd. 71 Fort Street 1st Floor Appleby Tower, PO Box 950 Grand Cayman, Cayman Islands KY1-1102

Token info

Ticker: MNTS
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 MNTS = 0.5126506 USD
Token price in ETH: 1 Token = 0.001000 ETH
Accepted currencies: ETH
Bonus program:
Early Bird Private Sale (Dec 19):1 ETH = 2000 MNTS (100% Bonus)
Pre-Sale Tier 1 (Feb 5):1 ETH = 1800 MNTS (80% Bonus)
Pre-Sale Tier 2 (Feb 19):1 ETH = 1600 MNTS (60% Bonus)
ICO Launch Phase Begins (March 5):1 ETH = 1400 MNTS (40% Bonus)
ICO Phase 2 (March 19):1 ETH = 1200 MNTS (20% Bonus)
ICO Phase 3 (April 2):1 ETH = 1000 MNTS (0% Bonus)
Token distribution:
75% - Token participants
15% - Advisors & Managers
10% - Founders
Funds allocation:
10% - will be set aside in treasury as a reserve for legal, PR and lobbying expenses
10% - to initial venture financing
10% - will be allocated to the Incremint Foundation
10% - to advisors and strategic partnerships
60% - will be allocated for additional investment in security, legal, technical and marketing services, general and administrative expenses, project and corporate development including strategic investments, and management compensation