Updates

October Update: Sunday AMA Summary - https://blog.mothership.cx/sunday-ama-summary-cca37676a25d

Mothership Update: Weeks 1 — 4
https://blog.mothership.cx/mothership-update-weeks-1-4-5c69bde6d511



Why Estonia?

Estonia is a great place to start new companies, with 100% remote government services, progressive laws and unique tax system. Estonia is the first country to offer e-Residency, a government-issued digital ID available to anyone in the world. It is a legally binding signature that allows to register an EU based company entirely online. Technically it is a pair of RSA keys linked with your identity.

Estonia is the first country in the EU to implement the European 4th Anti-Money Laundering Directive (4AMLD). The bill is scheduled to pass by 27 June 2017 at latest. https://www.riigikogu.ee/tegevus/eelnoud/eelnou/fb03e20e-caf7-463d-9b60-ddf6021742b2/Rahapesu%20ja%20terrorismi%20rahastamise%20tõkestamise%20seadus/. The bill introduces a clear definition of cryptocurrencies and sets regulations for exchange platforms and wallet providers. These entities will have the right to use identification of a person and verification of the identity of a person using information technology means in accordance with the procedure established by the government.

Estonia estimates 10,000,000 e-Residents by 2025. Mothership is proud to be working with the Estonian government’s e-Residency team to help build the future.

Our partner from e-Residency team is Oleg Gutsol, a serial entrepreneur and now a Head of Global Growth at e-Residency.


Timeline

To learn more about our development timeline, please refer to our Transparent Roadmap: https://trello.com/b/icEYDrpu/mothership-transparent-roadmap


Exchanges

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=MSP_BTC
Hitbtc: https://hitbtc.com/exchange/MSP-to-ETH
Etherdelta: https://etherdelta.github.io/#MSP-ETH







Links

Website: https://mothership.cx
Roadmap: https://trello.com/b/icEYDrpu/mothership-transparent-roadmap
Whitepaper: https://mothership.cx/documents/whitepaper.pdf
Discord: https://discord.gg/ads3ruX
Telegram: https://t.me/mothershipcx
Twitter: https://twitter.com/MothershipCX

Previous thread: https://bitcointalk.org/index.php?topic=1981131



Crowd sale has ended!!

Crowdsale

MSP will be built on the Ethereum platform as an ERC20 token. There will be a total supply of 200,000,000 MSP.

MSP serves as a core part of Mothership, and is required for:
-  Access to Premium and Platinum account tiers
-  The Mothership app platform layer
-  Community curation and insight rewards
-  Access to Mothership beta products
-  Mothership reputation management


In addition, Mothership will repurchase MSP on the free market using 20% of fees from Mothership products. The repurchased MSP will be permanently destroyed. 


Each MSP token will be priced at $0.04 in ETH on the start date of the crowdfund.
The crowdfunding will run on Ethereum Smart Contract, accepting ETH payments in exchange for MSP tokens. Tokens that remain unsold by the end of the crowdfund will be permanently destroyed.

The token will be distributed as follows:
70% of MSP tokens will be available for purchase in this fundraising round.

20% of MSP tokens are reserved for purchase by our Strategic Investors.

5% of MSP tokens will be earned through the Mothership Referral Program in this fundraising round.

5% of MSP tokens will be reserved for the team and advisors.

Participants of the crowdfund will instantly gain access to their MSP, but the tokens will become moveable 24 hours after the crowdfund ends.

At least 50,000,000 MSP must be sold for the fundraising to be considered a success. If less are sold, all buyers will be refunded.


The Referral Program

Mothership is launching a referral program for this crowdsale. Each participant will be provided with a unique referral URL.
-  A referrer will receive an additional amount of tokens equal to 5% of the tokens bought by all of their referred buyers.
-  This additional 5% is taken from the reserved 5% referral fund, which will amount for 3.5% of the total supply if all tokens are bought using the referral system.
-  The remaining tokens from the referral fund (1.5% + tokens left over from buys not using the referral system) will be distributed to all the participants, proportionate the the amount of people they referred that made purchases.