#MetaHash team is happy to announce the official beginning of ICO Round A. The Main Token Sale Event starts on the 29th of June. Community members should keep in mind that early Token Owners can contribute to the Network’s Growth and get additional advantages like an attractive price and an opportunity to be among the first to start forging.
Full details are listed below:
- Date: June 29, 2018
- Time: 12:00 UTC
- Total Emission: 9 200 000 000 #MHC
- Available amount during the current public token sale: 920 000 000
- Available percentage from the total: 10%
- 1 #MHC current price: $0.0391
- Expected amount to be received: $36 million
- Security: AML and KYC applies
- Payment method and rules: #MetaHash accepts only ETH and BTC at the exchange rate at the time of the purchase
The token has a new price. The old price was 0.0125 ETH for a single token, and the total amount of tokens was a 100 times lower than that of now. We increased the amount of tokens to make each coin cheaper. We also lowered the token’s price, hoping to turn the token into a more attractive purchase and answer the market’s expectations. It was also a response to our community, which we listen closely to and accommodate when possible.
Due to recent changes, we have reviewed our White Paper. Parts about Censorship in #MetaApps, Financial Model, #MHC Forging, Voting Functions and RoadMap are updated.
The first contributors can enjoy the attractive initial price which is x2 lower than the price of the next phase. Moreover, early contributors will also get the maximum advantage out of the forging, which starts in August 2018, according to our plans.
Forging, as the next evolutionary step of mining, offers a set of unique advantages for crypto enthusiasts including:
- High accessibility and effectiveness (even for smartphone-based forgers)
- Low costs
- No overheating
- The absence of damage to the environment
- Rewards for the use of active tokens in verification and network support
Here’s what the distribution of #MHC looks like:
- 50% of all rewards for forging are distributed among #MHC owners
- 40% are granted to the nodes’ owners
- The remaining 10% are earmarked for rewarding the active users of the #MetaGate browser
Token holders can also entrust their voting rights to their own nodes or may give their voting right to the operator of the node they trust and get a share of the commission. This way, large numbers of votes are concentrated at nodes that the community trusts, making attacks on the system more difficult.
Recently, #MetaHash has confirmed a previously unthinkable speed of up to 80.000 transactions per second with an under 3-second validation.
To apply for the ICO, please submit your request on our site.
The #MetaHash team would like to wish you a great summer personally and good luck to all the teams participating in the World Cup!
