M2O (M20) Token Sale

Our Analysis

Team: 6

Feasibility: 6.5

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Product

Overall Rating: 6.25

Short Description: A blockchain-based ecosystem that integrates mileage

Category: Tokens Cryptocurrency

Category: Travel

Ticker: $M2O

Website: https://home.mileageto.com

Whitepaper: https://home.mileageto.com/#none

M2O (M20) Token Sale

The M2O Project is about integrating all mileage around the world on the M2O Platform. Consumers will be able to convert their integrated mileage into M2O Coin, and M2O Pay. The M2O Project has adopted Oracle Blockchain Cloud Service so the platform will be more secure than other similar platforms.

Additionally, for transactions between users, the platform can act as a kind of escrow. For example, if a buyer purchases a M2O token and sends it to the seller for the natural resource trading, the platform keeps the funds safe until the transaction is completed. After the transaction is completed, the seller and the buyer's confirmed token will be sent to the seller. At this time, regardless of market fluctuation of M2O, trading can be done without risk through mileage-based fixed rate system.

Token Sale Details

  • Price: 30,000 M2O=1 ETH (private sale), 30,000 M2O=1 ETH (pre-sale), 30,000 M2O=1 ETH (crowd sale)
  • Min. investment: 1 ETH (private sale), 1 ETH (pre-sale), 1 ETH (crowd sale)
  • Hard cap: 56,000,000 USD
  • Soft cap:5,600,000 USD
  • Total supply: 35,000,000,000
  • Supply for ICO: 14,000,000,000
  • Currency accepted: ETH
  • Token allocation:ICO - 40%, Marketing - 14%, Management Cost - 13%, Bounties - 10%, Founder - 10%, Developer - 10%, Donation - 3%

      Token Sale Rounds

  • KYC required: yes
  • Restrictions: China, USA
  • 10/29/a8 - 11/23/18

For more information on $M2O tokenomics, download pdf here.

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