Bitcoin Forum

Dear MITOSHI Community,

We are sorry for the previous adjustments that occurred in the previous weeks, And we are pleased to announce to you that our updated Website and Whitepaper is now up and running.

Firstly, MITOSHI now have it new advisors and subject matter experts on board, which we be taking major steps to accommodate strong recommendations and to ensure the viable success of MITOSHI project, and securing a rewarding future for investors and early adaptors.

Secondly, the date for private sale is now unleashed, we have all waited for market to stabilized a bit and this year have shown signs that investors can fully come in with the cryptocurrency market showing signs of consolidation.  We are fully reliant on the support of VC's and strategic partners that we have decided to rather accommodate them now by resetting the dates of our private sale. As a result, all sales stages will be adjusted.

TOKEN ALLOCATION

68% -Token sale
15% -Team
10% - Advisors and Partners
7% -Bounties and Airdrops
 
 
*Soft Cap: US$ 10 Million

*Hard Cap: US$ 50 Million

*Token Symbol -MCL.

*Start of Token -Sale 15 April 2019.

*End of Token Sale -14 Nov 2019

*Total Amount of Tokens - 1,000,000,000

*Total Amount to 
be Sold- 680,000,000 or 68% of Total Issuance

*Total Private Sale 10 Million USD
*Token Pre-sale 10 Million USD

*Token Main sale 30 Million USD

*Soft Cap set at 10 Million USD

*Hard Cap set at 50 Million USD
 
*Accepted Crypto& FIAT Currencies ETH, BTC, USD

*Minimum Purchase Limit 25 MCL tokens.

ROAD MAP
Apr to Sept 2018
- Research
- Business Case Formation
 
Oct 2018 to Feb 2019 
- Team Formation
- Preparation of Sale
 
March 15 to April 14 2019 
Private Sale
 
April 15 to May 14 2019
- Presale (30% Bonus)
- Start of Games Development
 
May 15 to June 14 2019
Presale (25% Bonus)
 
June 15 to July 14 2019
Presale (20% Bonus)
 
July 15 to August 14 2019
Presale (15% Bonus)
 
August 15 to Sept. 14 2019
Presale (10% Bonus)
 
Sept. 14 to Oct. 14 2019
- Presale (5% Bonus)
- Launch of   
 website (http://www.playMitoshi.com)?
 
- Launch of 4 Lottery Draws
November/December
- Exchange Listing Exchange
- Mobile App Release of Games 
 [Android]
- Launch of 3 More Lottery Draws
 
Oct. 15 to Nov. 14 2019
CrowdSale Period (No Bonus)

Please go to our website (http://www.mitoshi.io)  and let us know your thoughts.

This is obviously a wonderful development. I have done few research on your project I am truly impressed by what you are planing to achieve I hope things plays out as arranged

Thanks very much for the complement and I assure you MITOSHI is going to bring out it best and will definitely deliver.

$10 million for softcap is a realistic target given the current improvement in market. With the new website and Whitepaper, I think the team should take its marketing seriously.

It's awesome to see that Mitoshi is fully back with updated website and whitepaper. Am also thrilled by the roadmap and believe that the softcap is achievable owing to the current market situation. Lets hope for the best.

What is this project about?? It's my first time hearing of it.. I can't find any necessary links to the community on this thread

Is there an official ANN thread for your project? It would also look a bit better if you have some graphics and not just pure text.

Lottery on blockchain, wow. That’s a big innovation using blockchain technology. I see transparent transaction, global games with no restrictions to location, quick payouts and a new way to earn cryptocurrencies for the first time. It says you’ll be using Ethereum chain, does this mean payments would be in ETH?

Your presage already begun, what’s the progress so far on token sales?
This is the first blockchain based project I’ll be participating in, how about competition, I mean to say, why should I be bullish on mitoshi?
Sounds like satoshi to me  :D

This project involves a good feature. You can win a chance a huge amount by just using and joining to their lotto. Welcome back Mitoshi, hope this project become successful!

Lottery on blockchain is a great idea.

But:

*Start of Token -Sale 15 April 2019.

*End of Token Sale -14 Nov 2019

Isn't this a long time for crowdfunding?

Right. I just found this too on the website. That should be over 6 months.
Although, it also states token sale would end once all tokens are sold off, but it’s a long time. Is there a reason for the long interval?

There should be a reason for that. The team would need to talk about it soon.

I’m interested in knowing what plan you to release a product just before the end of token sales. I’ll advise the team to release a minimum viable product, MVP, this would give an idea what you plan to offer and boost token sales.

I have worked on Mitoshi bounty program, (here you can find the bounty threat: https://bitcointalk.org/index.php?topic=5053501.0) first day said that the Pre ICO will starts on the last week of October 2018 and Main ICO will start on January. After i worked for them the news stopped, spreadsheets never updated and unfortunately i though that the project turned scam.. But when i read this topic now i felt happy, for the project and for myself. Because i made really good researches about them and i believed in them. Now i believe in them too and keep waiting for the good sale. I am sure lots of people would invest Mitoshi..

I think even a beta test before MVP would be great for attracting retail investors.
And looking at little longer ICO, that;'s quite achievable.
But good work this time team..

$10M not a big deal for them and as well as market is seems to be rising mood. I am sure that they will achieve their targets before their deadlines.👍

wow this is a good news for everyone with good project updates in website and whitepaper. i hope for the best with this project 
Lottery here i come !  ;)

I’ll like to know about your plans for promotion. That’s going a long way to determine when we going to hit softcap. Market is reacting positive and could mean a successful token sales for you but you’ll need to let others know about mitoshi.

I’ll like to know more about your project. Your team, project concept and tokens. Is there a link to your whitepaper?

I've heard and see about this ICO before, mitoshi, is it the yellow logo on the bounties (altcoins) thread? I am just wondering, if it was successfully launched at the moment because I see it is also promising as other ICOs, but I guess this topic should be posted on the ANN thread of altcoins for much efficient viewers content.

The link to your first website post seem to have a problem. I think you have to pay for the domain first.

I’m trying to get hold of your whitepaper, is there a link?

No reply from the team on this thread although first post seems to have been made by a team member, is this an official ANN thread for mitoshi?

Here is a link to the whitepaper: https://mitoshi.io/wp-content/uploads/pdf/Mitoshi%20Whitepaper%202019%20ver%203.3.pdf

Where can I sign up for the predates? Would KYC be needed?

There was a bounty, sometime.,  last time. I’ll suggest you hold one more this time. More people need to know about a transparent way to play and win cryptocurrencies with no limits. More promotions focused towards game players not just the crypto community. I’ll have to say I see another cryptokitties, good luck.

We Are Going IEO

The trend is our friend. And we at Mitoshi are beginning to recognise that we too have to evolve with the current developments in the blockchain space.

Our ICO had a not-so-good start. We launched at a time with falling ethereum and bitcoin prices — and this has set the mood for a bearish sentiment across the crypto universe. And since investors shunned anything crypto, ICO’s failed to raise the funds to fulfill a promise — and was hence later on rendered as mostly scammish.

As for Mitoshi, we are looking at another platform to make our cryptolottery project a reality. Gauging from the experiences of other start-ups, crowdfunding is now going IEO and there are better reasons why this trend is becoming a better alternative than an ICO.

And as your CEO, we have weighed these options and now present the major considerations why an IEO path is good for Mitoshi.

Investor Security. Let’s face it, the ICO market was plagued with scams. And yes, I am fully aware of those who pretended to be one of my team members that often used a fake telegram account. And likewise started messaging members in our community and gave them fake addresses to contribute to. In an IEO setting, all transactions are carried into the exchanges’ IEO platform.
2. Simplicity is Key. Simple and flawless registration requirements. If you are one of those who get confused from all those requisites to open an account, much more for KYC and ID submissions — an exchange can just simplify this for you. Also, with this simple process, it can open up a whole world of opportunities with just one sign up.

3. Reputation and Credibility. Surely, an exchange will conduct an initial assessment of companies it would like to partner with. An exchange’s reputation is synonymous to quality projects that it lines up to its base of investors. Will an exchange ever allow scams to run in its platforms, definitely not! With Mitoshi on an IEO platform, you are rest assured that we have and will comply with all the regulatory requirements to be above board and will act to in behalf of the best interest of our investors.

4. Accessibility and Liquidity. We are always assured that an IEO platform will provide the access and liquidity. Liquidity has always been one of the major issues with ICO’s where investors could not find the proper avenue to buy or sell their tokens. Moreso, with an IEO, investors will immediately have their invested tokens credited in the exchanges ewallet.

5. Say No More Gas! In an ICO platform, investors have to pay for gas in buying tokens, specially those ERC 20 kind. With an IEO — no more need for gas to process your transactions. Buying is made cheap and simple.

6. Aggregation. When you sign up for an account with an exchange, this opens up a world of promising blockchain opportunities listed in that exchange. You can balance your portfolio by having Mitoshi tokens alongside other coins that show potential. That better judgement in choosing which token to invest in is all up to you.

In summary, when we at Mitoshi have decided to go for an IEO, we are actually putting the best interest of our community in mind. Our investor cabinet though is also made available for those who wish to purchase Mitoshi tokens straight from us. That choice is all up to you. We have come a long way and strongly believe that one of the best channels to realize our promise is to redirect our strategy to an IEO path.

We at Mitoshi continue to enjoy your faith and support, and look forward that you join us in this reassuring direction.

Stay tuned for future updates,

TC Picardo

CEO & Founder