MOG ICO details - as request:
20 million tokens will be issued / 15 million tokens for sale / 5 million held in reserve to cover future cost and price pools (12 and 24 month lock)
(No tokens are set aside to the team as we are a fully operational business, our staff get paid and can receive traditional bonuses).
• 15% campaign costs and bonuses
• 10% online marketing over the next 24 months
• 35% development
• 40% jackpots for the first 2 years
Token price is 0.5 euro, the goal is to raise 7.5 million euro.
Token holders are in tittle to a profit share of 10%. In addition to this will they receive free tickets to our Jackpot draws, where you can win up to 1 million euro (our players need to spend 5 euro for a ticket, so this is an amazing deal for the token holders).
Our goal is to get 1% of the total lottery market to gamble with us, we see this as a lower end estimate as our lottery pays out 90% in prize money, compared to 50% with traditional lotteries. Our odds is also way better, our unique gambling concept enables us to keep the odds at 1:100 000 no matter the size of the lottery. Where do you want to gamble? Traditional lotteries dont stand a chance.
1% of the lottery market equals $1 billion in annual sales. 10 profit share equals 5 million euro paid back to the token holders. Which will be paid year after year. And while we are a long way from these numbers today, we will not only reach a billion in sales, we will grow way beyond this and create even greater rewards to our token holders.
What is truly unique with our ICO is that we back the tokens by real shares. If MOG goes public (stock exchange) token holders can exchange their tokens into real shares. We are also a fully operational business, so this is not a fund raising to prove a concept, we have been in business since 2016. You cannot get better security for a token investment than this.
Please check our our whitepaper for all the details:
https://ico.mogbv.com/MOG ICO Team
