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Merchant Token (MTO)

Apr 01, 2021 – Jun 30, 2021

DeFi Payment Protocol that enables POS terminals on blockchains and brings consumer protection to crypto payments.

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Project industryCommerce & Retail
Product typePlatform

What is Merchant Token

About HIPS Payment Group Ltd (

HIPS Payment Group Ltd. is a provider of innovative and cost-effective e-commerce and mobile payment solutions. Built on cutting-edge technology, Hips is disrupting the finance industry with its Payment gateway for Point of Sale, e-commerce, and m-commerce, a fully integrated, digital financial commerce platform with full reconciliation and financing support.

HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP-gateway) and the governing Merchant Token (MTO) is a solution that introduces consumer protection concepts from the traditional card payment industry to any blockchain with support for smart contracts like Ethereum, Cardano (ADA) or Solana, which we believe is the missing piece for crypto payments to have a market penetration and acceptance among mainstream consumers.

HIPS Merchant Blockchain is the native blockchain for HMP and Merchant Coin (MEO), optimized for real-time Merchant transactions created for Payment Service Providers (PSP) and EFTPOS devices with full support for backward compatible financial protocols like ISO8583 enabling crypto payments in standard terminal messages, using the existing terminal, and card scheme infrastructures for crypto payments in Hips Merchant Blockchain.


Public sales: Apr 01, 2021 - Jun 30, 2021
Pre-sale token supply: 5,000,000 MTO
Token supply: 100,000,000 MTO
Total tokens for sale: 55,000,000 MTO
Soft cap: 5,000,000 USD
Hard cap: 37,404,503 USD
Raised: 675,841 USD


Blockchain Platform: Ethereum
Country limitations: US, Canada
Registration country: Sweden
Registration year: 2020
Office address: Strandgatan 1, Halmstad, Sweden

Token info

Ticker: MTO
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 MTO = 0.23 USD
Accepted currencies: EUR, USD, GBP, SEK, NOK, JPY, CHF, AUD
Token distribution:
Seed supporters - 8%
Private-sale participants - 5%
Team and advisors - 11%
Strategic Partnerships - 13%
Strategic Ecosystem grant pool - 13%
Public-sale participants (ICO) - 50%

Merchant Token Roadmap

Project Launched June 2020

The Merchant Protocol Project was privatly Launched by Hips Payment Group

Merchant Protocol Contract November 2020

The first Merchant Protocol Contract was live in the Ethereum blockchain

MasterCard Pay360 Conference 16 - 19 March 2021

Announced the Hips Merchant Blockchain and Hips Merchant Protocol

Launchpad ICO Start 1 April 2021

Launchpad ICO Start

Announcing partnership April 2021

Announcing the first big partnership

Announcing partnership May 2021

Announcing the second big partnership

Launchpad ICO Ending 30 June 2021

Ending the Launchpad ICO funding

Exchange listing 12 July 2021

Listing on Uniswap

Announcing partnership July 2021

Announcing the third big partnership

Exchange listing 5 August 2021

Major Asian Exchange listing

Exchange listing 12 August 2021

Major European Exchange listing

Exchange listing 19 August 2021

Major Global Exchange listing

Launch of MPG Q4 2021

The Merchant Payment Gateway and dispute central dApp goes live

Project team

John Cavebring
John Cavebring
John Cavebring linkedin
Emil Lundvall
Emil Lundvall
Emil Lundvall linkedin
Axel Arvidsson
Axel Arvidsson
Axel Arvidsson linkedin

Social media

Merchant Token web-siteMerchant Token LinkedInMerchant Token TwitterMerchant Token Github

User rating:

5/5 ( 1 )

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