Monkey Capital ICO 8 july

[Pischa]

Dear forumers,

I was looking in the the ICO of Monkey Capital,  they will start their ICO 8 July, and will be issuing 1.000.000.000 (1 Billion) tokens. 

the plan they have looks pretty impressive and if works it could be monkey crazy!  They are also going to hold aditional ICO´s to make the value of the monkey token even more valueble to hold..

I wonder what would be the estimate token price?  In my opinion it should be 1 cent a pop.  The price could increase dramaticly after proven succes..

Another important point I have is, they got a thumps up from Coinschedule and I think even a platinum award for being the most promising ICO...   I wonder how heavy does this weigh in?

If anybody has some real info please post it!  Also if the guys behind it are well known or not..

http://monkey.capital/

From their website:  There will be a total of one billion Monkey Tokens (MNY) issued at Monkey Capital’s ICO. MNY subscribers will get additional tokens in subsequent ICOs held by Monkey Capital too every time it undertakes a different project. Token holders in MNY get back 114% of their MNY holdings as a result of the multi-ICO strategy.

 
Monkey Capital’s founders will collectively hold 200m dividend-paying tokens under the fund’s management company. Those tokens will be restricted from sale by mutual agreement of the Partners for at least 3 years. 

[1714987715]

1714987715

[kaneki007]

any bounty?

[Pischa]

I wonder why these guys are not reachable, are they really serious about their ico?  I mean no twitter no email...  nothing...    does anybody know more about it?

[arikassuja]

Why do you really hurry to start the ICO, even ann anda have not done, you actually like the person who chased the ghost.

Make a mature plan to start ICO

[abuelau]

Hi guys,

We are working with them and getting everything in place. These are serious people, the ICO is very promising. There will be an ANN thread here and Twitter/Reddit tomorrow.

In the meantime you are welcome to join the slack and can talk directly to the team: https://mkinvites.herokuapp.com/

[MrGray]

What about polo/bittrex? 

[andreibi]

Shouldn't this thread be in the Altcoin Discussion?

[abuelau]

Shouldn't this thread be in the Altcoin Discussion?

It is now: https://bitcointalk.org/index.php?topic=2003741.msg19950890#msg19950890

[andreibi]

Oh nice, a Waves token. +1 to Waves platform. 

[basket ball]

Oh nice, a Waves token. +1 to Waves platform. 

Maybe now platform waves better than ETH, i heard the issue that eth platform will have trouble. Hopefully your project is successful

[Djanggo]

What about polo/bittrex? 

This coin has not released yet, you've talked about the market

[fancy2973]

lol newbie started monkey, how funny

[esprit577]

It's a very interesting name--monkey, but the current market, it is difficult to carry out the ICO, hope to succeed, continue to pay attention.

[Hallmader]

It's a very interesting name--monkey, but the current market, it is difficult to carry out the ICO, hope to succeed, continue to pay attention.

Yes. We are now heading to a difficult market stage. Last year only ICONOMI was able to reach great heights even when market was down. Many ICOs were still successful but not like the previous ones held at first and second quarter of the year. Hopefully 2017 last quarter will be good to us. Anyway whales are slowly accumulating.

[dragonchopper9]

There is no fixed price of the coin and maximum capitalization. Therefore it is not so profitable asset for investors. But still the choice of the Wave platform is correct.

[Emadm]

I believe their coeval tokens are already trading.

Having read through their white paper twice I have to put my hands up and admit that I couldn't understand it fully and I've been a hedge fund manager for 12 years across asset classes.

Hopefully the next version of the whitepaper makes it clearer, but I would not invest in anything I couldn't understand.

One bit that did concern me:

FEES: Audit Management Fee
5% AUM of gross portfolio amounts belonging to Tokens managed by Monkey
Capital are paid annually up front to The Factory Banking Company for Audit
Management costs. The funds will be escrowed and paid to TFBC on a quarterly
basis.

That seems quite high and TFBC does not appear to be an independent, established and well respected company.

[dottom]

I'm as big a skeptic as anyone, but Daniel answers questions all day long in the Slack group. He publishes info that you'd never see from other leaders during ICO's as he is very up front and colorfully blunt.

There are literally thousands of comments per day in the group, 24x7.

[TheAndy500]

1 billion tokens ?

[Ace3Coiner]

This ICO started with much hype making us believe it is a killer. This is turning out to be what we term as 'no future ambition' ICO competing with UET ICO as things are just going the other way. Has anyone seen the price of Monkey Plummeted from bad to work pre-ICO. Could anyone in the know inform us what exactly is going on.

[cokkapaga]

I think your thread need to updated about information your ico
it's not enough to get an information about your project.