The official Initial Coin Offering [ICO] for the Ethereum blockchain token “Mollars” launched on Monday, November 21st. The token price starts at $0.30 in the first phase.
Mollars is a hybrid cryptocurrency that will be an alternative to Bitcoin as it’s a store of value tokens. There will be a difference, however, as it’s starting a decade after BTC was first introduced to the world.
What are Store of Value Tokens and Coins?
Like Bitcoin, Mollars aims to be a store of value that’s in high demand, and the founder will not hold tokens privately. Possibly as high as 99.5% of today’s cryptocurrency founders have a personal stash of tokens that was likely introduced to investors through the ‘fine print’ in the crypto brand’s whitepaper.
In Mollars whitepapers, it’s clearly stated that no party involved in the development of this token will be given tokens. A complete 100% of the tokens generated by the founder and developer team will be put onto the crypto market and exchanges.
Another attribute that makes Mollars a store of value, like Bitcoin, is that it will be fully decentralized.
The founder will not own the brand. The creator of the token created infrastructure and formulas to give the token longevity, but the enigmatic figure will have no control over the token once it has been released on top crypto exchanges.
Mollars ICO and Potential Exchange Listings
The first exchange that Mollars will be listed on is Uniswap, the world’s #1 decentralized crypto exchange. If the ICO reaches its goal of US$ 2 million dollars, it will have a listing day price of US$0.62.
The 62-cent listing would mean today’s first-round ICO investors would get ROI Yields of over +200%.
The price of the listing day could be weaker if the US$2,000,000 milestone is not met with the Initial Coin Offering fundraising.
With 15,661 tokens sold since its debut on November 21st, the Mollars ICO listing is averaging a daily buy rate of just over 2,610 tokens. At this rate, it would take the Initial Coin offering a substantial amount of time to complete. However, the ‘buzz’ is building, and that daily buy rate is expected
Go to Source to See Full Article
Author: Bridgit Murphy