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Arrrvin (OP)
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February 11, 2018, 10:41:38 PM |
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Elias, our in house business strategist and data scientist, published a new piece on Medium on the impact blockchain tech is having in emerging economies. This is a great resource if you’re interested in getting a deeper insight into the Mango mission, as well as the opportunity we see for all the stakeholders of our ecosystem.
Go check it out!
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skybot13x
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February 11, 2018, 10:57:16 PM |
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For how long does Magostartups now exist and do you have any numbers about return on investment thus far? Or is it still completely early stages?
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Arrrvin (OP)
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February 12, 2018, 10:41:28 AM Last edit: February 12, 2018, 10:59:24 AM by Arrrvin |
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For how long does Magostartups now exist and do you have any numbers about return on investment thus far? Or is it still completely early stages?
MangoStartups is the new blockchain tech vehicle for InvertUp which is an in Latin America established investment fund since 2014. InverUp has already 8 successful startups in its portfolio which yielded returns of up to x12. Through MangoStartups 16 more startups will be added. More detailed information about the 8 startups, their valuation and InverUp's shares can be found on the website and in the whitepaper. Website: https://www.mangostartups.com/ Whitepaper: https://docs.wixstatic.com/ugd/0f188c_ee0bf48f5aef42f59a79ca421ac88879.pdf
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Arrrvin (OP)
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February 13, 2018, 08:43:44 AM |
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This is the MangoStartups token allocation:
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Arrrvin (OP)
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February 15, 2018, 05:01:03 PM |
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The source code of the Mango smart contract token is up on GitHub, so those of you interested, can now freely audit it. Introducing the highest level of transparency, is an integral part of the innovation Mango is aiming to produce.
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IndzheborgC
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February 17, 2018, 08:30:29 AM |
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For how long does Magostartups now exist and do you have any numbers about return on investment thus far? Or is it still completely early stages?
MangoStartups is the new blockchain tech vehicle for InvertUp which is an in Latin America established investment fund since 2014. InverUp has already 8 successful startups in its portfolio which yielded returns of up to x12. Through MangoStartups 16 more startups will be added. More detailed information about the 8 startups, their valuation and InverUp's shares can be found on the website and in the whitepaper. Website: https://www.mangostartups.com/ Whitepaper: https://docs.wixstatic.com/ugd/0f188c_ee0bf48f5aef42f59a79ca421ac88879.pdfHow profitability of startups will affect the course of the coin. Is it planned to buy out coins from profits from startups, in what proportion?
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Arrrvin (OP)
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February 17, 2018, 09:35:28 AM |
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How profitability of startups will affect the course of the coin. Is it planned to buy out coins from profits from startups, in what proportion?
All net profits of MangoStartups are spent in a buy back mechanism and a bonus system. In the buy back scenario MangoStartups will use their net profit to buy back tokens, which will lead to an increase of value. And in the bonus scenario Mango tokens are distributed to their holders. In either way the Mango token holder benefits from MangoStartups's net profit.
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skybot13x
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February 17, 2018, 03:52:33 PM |
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For how long does Magostartups now exist and do you have any numbers about return on investment thus far? Or is it still completely early stages?
MangoStartups is the new blockchain tech vehicle for InvertUp which is an in Latin America established investment fund since 2014. InverUp has already 8 successful startups in its portfolio which yielded returns of up to x12. Through MangoStartups 16 more startups will be added. More detailed information about the 8 startups, their valuation and InverUp's shares can be found on the website and in the whitepaper. Website: https://www.mangostartups.com/ Whitepaper: https://docs.wixstatic.com/ugd/0f188c_ee0bf48f5aef42f59a79ca421ac88879.pdfThat's a pretty big portfolio already. Is it specifically focusing on the Latin American market or will it also expand geographically at some point in time in the future?
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Arrrvin (OP)
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February 17, 2018, 04:58:31 PM |
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That's a pretty big portfolio already. Is it specifically focusing on the Latin American market or will it also expand geographically at some point in time in the future?
MangoStartups only focusses on Latin America. Latin America is on itself already a vast world to develop economically through investments. And since InvertUp is established in and thus familiar with Latin America focussing on that area is for them the most secure road to succes.
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musta5a
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BITDEPOSITARY - Make ICO's , More Secure
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February 17, 2018, 05:03:29 PM |
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guys I'm wondering how the whole buyback process would work. If you would buy the tokens back, what would be the profit of investors and based on what price would you do that? I like the project but trying to understand the concept and use of investment
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BITDEPOSITARY ▬▬▬▬▬▬▬▬▬▬▬▬ - JOIN US - | ● Q-RATIO MARKET FUNDING COMMUNITY | ● MAKE ICO'S MORE SECURE, STOP SCAMS WITH BITDEPOSITARY |
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Arrrvin (OP)
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February 17, 2018, 10:42:04 PM |
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guys I'm wondering how the whole buyback process would work. If you would buy the tokens back, what would be the profit of investors and based on what price would you do that? I like the project but trying to understand the concept and use of investment
Thanks for your interest. The MNG (Mango) tokens will be listed at exchanges. Net profits are used to buy back the tokens from the exchanges. Bought back tokens will be burned. So with the volume of MNG tokens decreasing their value and price will increase. Thus investors will be able to sell their MNG tokens with profit. The process is explained in the whitepaper under chapter 12. There also an example of the process is given. It's all summarized in the infographic below.
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Arrrvin (OP)
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February 17, 2018, 10:45:34 PM |
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Hello Mango Startups team, I’ll be happy to see you on Skatt listing platform! You will be able to register for free and show your project to the world. Information about our platform on BitcoinTalk. Good luck with your ICO guys Thanks for the tip and the well wishes skattio. Good luck to you too with your website.
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Arrrvin (OP)
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February 18, 2018, 08:25:52 AM Last edit: February 19, 2018, 11:45:29 AM by Arrrvin |
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skybot13x
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February 18, 2018, 03:01:33 PM |
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That's a pretty big portfolio already. Is it specifically focusing on the Latin American market or will it also expand geographically at some point in time in the future?
MangoStartups only focusses on Latin America. Latin America is on itself already a vast world to develop economically through investments. And since InvertUp is established in and thus familiar with Latin America focussing on that area is for them the most secure road to succes. Sure I was just asking but it makes a lot of sense to constantly improve your portfolio and expertise over there. So much potential in that area.
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erikstarfish
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February 19, 2018, 10:43:23 AM |
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Pretty low ratings on ICOrating.com and Cryptorated.com
How do you guys plan to address concerns such as the ff:?
1. Tokens are used as a passive investment vehicle only. Investment and profit distribution strategies are fully determined by the company (centralized). No smart contract code or specifications are provided. 2. Roadmap lacks detail
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Arrrvin (OP)
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February 19, 2018, 11:25:24 AM |
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Pretty low ratings on ICOrating.com and Cryptorated.com
How do you guys plan to address concerns such as the ff:?
1. Tokens are used as a passive investment vehicle only. Investment and profit distribution strategies are fully determined by the company (centralized). No smart contract code or specifications are provided. 2. Roadmap lacks detail
Hi Erik, Other review sites have given MangoStartups very high scores, such as for instance TrackICO, ICOMarks and ICOStock24. Reviews are only personal opinions (as the reviewers at ICOrating themselves state). MangoStartups thus encourages everyone to study their project themselves and form their own opinion. 1. The smart contract code can be found at https://github.com/MangoStartups/Mango_Startups_ICO_Token/blob/master/MangoToken.sol2. Could you specify what details you are missing? The team is always open to feedback. Questions about details can also be asked directly at the Telegram group: https://web.telegram.org/#/im?p=@MangoStartups
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Arrrvin (OP)
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February 19, 2018, 11:27:55 AM Last edit: February 19, 2018, 11:45:09 AM by Arrrvin |
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Arrrvin (OP)
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February 24, 2018, 06:53:17 PM Last edit: February 24, 2018, 09:13:17 PM by Arrrvin |
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