MOOLYA Token project caused a stir in the ICO virtual currency market
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Moolyacoin token is an ERC20 token of a patent pending innovative SaaS platform - moolya.global, which is a culmination of an interaction network, marketplace and on-demand service platforms offering services using the Ethereum blockchain framework and moolyacoin as its preferred mode to access and conduct transactions.
"moolya global" is the "World's 1st Comprehensive Global Digital Startup Ecosystem" which is a culmination of an interaction network, marketplace and on-demand.
moolya users time tested concepts of clusters chapters and subchapters, digital offices, service cards, avatars, business processes and workflows to emulate the offline models of a startup ecosystem.
Features of moolyacoins:
1. moolyacoins are utility based coins based on ERC20
2. moolyacoins can be the used to conduct transactions on moolya platform
3. Coins will be distributed only into cryptowallets of the buyer, mentioned in the whitelisting
process
4. All buyers have to present acceptable and prescribed KYC and AML validation documents
subscribing to our policies, during the whitelisting process, to be able to conduct the purchase
5. The vesting rights of the coins will vary based on the assignment agreements and stages of the
ICO
Benefits of moolyacoins on moolya: Why a native coin?
1. Will be preferred mode of operations on moolya
2. Universal and borderless currency
3. Safe and within the ecosystem
4. Trackable and faster settlements
5. Highly portable inside and outside
6. No inflation effect
7. No payment gateway charges
8. No transaction charges
9. Good liquidity
10. Increased purchasing power
What pain does moolya solve?
1. Brings all players on a digitally connected marketplace and offers a platform for ecosystem conduction
2. Self discovery as and when you need it
3. Networked ecosystems of ecosystems
4. Leverages the network externality effect
5. Reduces reinventing and efforts resulting in quality of work
6. Rationalisation and digitisation of service and process
7. Access to easy capital and crowding methods
8. Democratisation of networking, mentoring and advisory on a digital platform
9. Resolves record keeping issues
10. Digital conversations concept
11. Application of data analytics to the process and interactions.
Q&A about ico :
What will happen to the left over coins?
We will burn the left over coins to maintain the sanity of the token economics.
What are the vesting periods for the coins?
The vesting periods will differ based on the stage, sale count and timing of the coin sale. There are vesting periods for Coin Sales will be as follows:
Pre-ICO: The vesting will be immediate for Pre-ICO coins (Locked during ICO)
Private Sale: 25% after 30 days after ICO closure, 25% each after intervals of 30 days
Crowd Sale: 25% after 30 days after ICO closure, 25% each after intervals of 30 days
Founders/Team: 40% each for first 2 months, 5% per month for next 4 months.
How many coins are allocated for each category?
Category Token % Allocated Count of Tokens Assigned
Pre-ICO 8% 8,00,00,000
Private-ICO 20% 20,00,00,000
Public-ICO 20% 20,00,00,000
What is the bonus coins issuance for each stage?
We have kept the bonus issuance policy really simple, unlike other ICOs who complicate it based on
segments, count, size of the purchase:
• PRE-ICO: Bonus: 25%
• Private ICO: Bonus: 20%
• Public Sale: BONUS: 5%
The coins will be locked for the entire duration of the ICO.
Are the coins locked?
The leftover coins from the previous stage will roll-over to the next stage for consumption.
Will the coins from one stage roll-over to the next stage:
We have one simple Hard Cap of 25 million USD and one soft cap of 3 million USD.
What about ‘Hard Cap’ and ‘Soft Cap’?
Within 48 hours of receipt of ETH and Tx hash from KYC completed backer. Registered user has to
complete the KYC within 30 days of registration.
When will the coins be allocated?
Within 48 hours of receipt of ETH and Tx hash from KYC completed backer. Registered user has to complete the KYC within 30 days of registration.
Is KYC mandatory for participation?
Users can register on our website and participate in our ICO. We will be whitelisting all registered
backers and will allocate coins only to the ones who clear the KYC. All KYC-failed users, will receive their
ETH back.
How does moolya work?
One of the reliable ways a startup can build a long-lasting, sustainable competitive advantage in business is to transition from building just a product into building a platform. On a platform you allow parties many ways to connect to your product and render services, so that they can leverage your core product and
build on top of it by extending themselves.
In effect, you build an ecosystem around your product, expanding the benefits of your product to your users, yourself and partners - Your users get the benefit of a broader set of features, your partners are able to leverage your platform to reach more users, and you also benefit by “renting out” your core assets.
To understand how moolya platform works one has to understand its features, business model, revenue methods and the collaborative opportunity between the digital communities.
How to register and buy moolyacoins?
Step 1: Visit: www.moolyacoin.io
Click on ‘Register’ option
(Check for https:// and McAfee Secure Logo)
Step 2: Complete the Registration Form (ensure the public wallet address is used for ETH transfer for coin sale)
Step 3: Successful Registrations will receive next steps for participation in our ICO and details.
Step 4: User participates in the ICO and transfers ETH from his/her registered wallet address (Check for ‘Verified’ tick in the notified ‘Sale Contract’ details in ’Etherscan.io’ before transfer)
Step 5: The details of the ETH transfer is submitted to us using the same link: https://whitelist.moolyacoin.io
(Check for https:// and McAfee Secure Logo)
Step 6: Within 30 days of registration, User completes KYC on
Step 7: ‘moolya.global’ ICO team verifies the ETH receipts, the matching pubic addresses and the KYC status.
Step 8: If all conditions are met and KYC status is YES/CLEARED, the moolyacoins are allocated to the same registered public wallet address of the user.
Step 9: If all KYC status is Failed/NOT OK, the ETH of the respective user/backer will be returned within 30 Days.
Step 10: All coins will be assigned after the Smart contract is deployed after proper audits. All coins are locked for the duration of the ICO.
For more details about Moolyacoin visit the link below:
WEBSITE: https://www.moolyacoin.io
WHITEPAPER: https://www.moolyacoin.io/whitepaper/
ANN THREAD: https://bitcointalk.org/index.php?topic=4559208
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Author by: ZedBinh
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2076314
ETH: 0x80606Df893C39F8AF4Fa9CAc37b27bb2CE474D88
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