The economics of Mallcoin, or the most important thing that you missed in the White paper
People who peruse our White Paper from time to time always fix their gaze on our financial and economic model and slowly roll their eyes in pleasure. Not only because they see the highest evaluation mark from the adviser named Kovalenko Anna Vladimirovna, but also because they are finally getting to know our token from all possible sides. Leaving no secrets between them.
Today, once again, we delve a little deeper into the economics of our token (if you are intrigued, but time, religion or calluses on your fingers do not allow you to flip through the White Paper). If you are new to our site and do not yet know what kind of merit triggered fate to brought you to our site,we will share the main bits in a nutshell.
FLOGmall provides an open source cryptographic token - Mallcoin. Mallcoin is the same full-fledged cryptocurrency as Bitcoin, Ethereum, litecoin and other coins, and they can be used as a means of payment immediately inside the FLOGmall platform.
Our token has a limited issue (250,000,000 MLC), is not exposed to inflation, weather, or psychological stress. Soon we plan to let our token grow into adulthood graduating to cryptocurrency exchanges, but while it is still living with his parents he must report all of his movements.
Why is our token so beloved by thousands of people? The most important thing FLOGmall offers to its investors is a completely new way of positive cooperation: All revenue of the project will be fully sent to ICO Mallcoin holders starting from the first day of the site functioning..
Additionally, we hold an ace up our sleeve,ATES our built-in automatic tokens exchange service. Our long term subscribers feel butterflies in their stomach once ATES is mentioned. A simple and transparent system with an internal token rate and a clear algorithm of tokens sales between sellers and buyers of the site. Nixing the necessity of using various crypto exchanges ATES allows the possibility to purchase tokens directly from the site.
The distribution of the total mass of token is fairly simple. 10% are taken by the team, 7% by the highly respected bounty participants, 9% by the reserve fund (everything for the smooth platform operation), and the rest 74% goes to our numerous ICO participants.
The FLOGmall team's tokens are blocked for 2 years with four six-month periods of usage restriction. The tokens of the advisers and the persons who rendered feasible assistance to the site in the early stages for six months.
A short three month period is given to Bounty participants. The reserve fund tokens are partially blocked. 20% provide a reliable home front to the site and can not be blocked. The remaining 80% will be distributed on the international market from May 2019, with the purpose of attracting new hungry people looking to spend a little crypto.
Also, 2,500,000 MLC will be allocated to our second charity project on the basis of Real.help blockchain.This particular number of tokens will allow maintenance of the site for 8 years and be sure that, in any twist of fate, assistance will be rendered to those in need of help. In this case, tokens are subject to gradual defrosting, on average - 1% of the total fund per month.
All other tokens are not frozen and remain fresh waiting for the new owners.
When it comes to our platform, the creation, issuing or mining of tokens after the end of the ICO period is not provided. You can transfer tokens at the end of the ICO period, but can you part away with them after such a close acquaintance?
Mallcoin has a strict binding to Ethereum, and these two have a keen connection, almost like Hachiko and the professor. Therefore, depending on the Ethereum rate change, MLC token automatically changes accordingly . Now, at the bottom you can carefully review our table. There are all rates are displayed in $ USD for your convenience.
Now it is clear for you! Right ? With each subsequent stage of sale, the value of Mallcoin will increase. The maximum possible benefit of 600% has gone to the early preSale investors.
A possible earnings of 300% is achieved by purchasing Mallcoin tokens in the pre-ICO stage.
Bonuses of 200% can be obtained through the acquisition of Mallcoin at the ICO stage, when the bulk of the tokens will be sold. It is important to note that the Mallcoin tokens will not have additional emissions afterwards. And all unsold tokens will be destroyed.
Do not let a small but promising token die out! Go to the official website and support Mallcoin right now. FLOGmall will make it worthwhile.
Two commandments from the White Paper say: "If the minimum goal is not achieved,all collected funds will be returned to the participants." And "immediately stop the ICO after the implementation of all the tokens allocated to the participants at all stages!". So it goes, friends. We hope that we have uncovered the biography of Mallcoin from all sides, and you will no longer have questions about his childhood, adolescence or youth.
If you still have any questions, ask them in any convenient instant messengers, and we will happily chat with you about the anatomy of the crypto industry!
