[ANN] [MNY] [ICO]: MONKEY CAPITAL INITIAL COIN OFFERING

[icoxxxx]

I am looking to invest a little over $200,000 or so across 10 ICOs this year; after ETH tanked recently I am down from maybe 8x that. Part of me has been thinking that the value or lack of value in crypto is a problem so this does look interesting. Shortlisted, thanks.

[dunaton]

Ok, there is now a Discord up and running: https://discord.gg/G6denjW. You can find the link also from the homepage beneath the drop-down menu under "Congress"

[88bitcoin]

I think I have got the hang of the metacurrency thing; what exactly is a digital note? Is it another name for a meta?

[icoxxxx]

I think I have got the hang of the metacurrency thing; what exactly is a digital note? Is it another name for a meta?

This was my understanding of it (so it may be wrong): basically, a meta that is both part coin and part note. That means it can either be treated as a digital coin, used for payment of some good or service, or it can be treated as a digital security, either by effecting the purchase of a security (or value object such as digital gold in which case it it is still non-securitised) or simply by "becoming" a security when its environment is altered (similar to what happens to a “colored coin”). A digital note that is trading as a unit of cryptocurrency used for making payments on a tech platform is still a coin; once it goes beyond that point it's a note. Anything that is or reasonably can be used as a note is a metacurrency, basically. It's a slight distinction but it's an important one because a metacurrency is not always value-oriented whereas a digital note by necessity is.

[88bitcoin]

I think I have got the hang of the metacurrency thing; what exactly is a digital note? Is it another name for a meta?

This was my understanding of it (so it may be wrong): basically, a meta that is both part coin and part note. That means it can either be treated as a digital coin, used for payment of some good or service, or it can be treated as a digital security, either by effecting the purchase of a security (or value object such as digital gold in which case it it is still non-securitised) or simply by "becoming" a security when its environment is altered (similar to what happens to a “colored coin”). A digital note that is trading as a unit of cryptocurrency used for making payments on a tech platform is still a coin; once it goes beyond that point it's a note. Anything that is or reasonably can be used as a note is a metacurrency, basically. It's a slight distinction but it's an important one because a metacurrency is not always value-oriented whereas a digital note by necessity is.

Thanks! Nice summary that is what I thought basically ... more or less That WP for me was like reading the IOTA wp. Pure joy.

[icoxxxx]

I think I have got the hang of the metacurrency thing; what exactly is a digital note? Is it another name for a meta?

This was my understanding of it (so it may be wrong): basically, a meta that is both part coin and part note. That means it can either be treated as a digital coin, used for payment of some good or service, or it can be treated as a digital security, either by effecting the purchase of a security (or value object such as digital gold in which case it it is still non-securitised) or simply by "becoming" a security when its environment is altered (similar to what happens to a “colored coin”). A digital note that is trading as a unit of cryptocurrency used for making payments on a tech platform is still a coin; once it goes beyond that point it's a note. Anything that is or reasonably can be used as a note is a metacurrency, basically. It's a slight distinction but it's an important one because a metacurrency is not always value-oriented whereas a digital note by necessity is.

Thanks! Nice summary that is what I thought basically ... more or less That WP for me was like reading the IOTA wp. Pure joy.

IOTA is a good example; it is not so much related to the ICO as a basis for it.

[dunaton]

By way of a general update, we have made a lot of progress in advance of the official launch tomorrow. Primarily progress has been in terms of scaling back and refining the offering. While the platform is alive and kicking in demo version already (up soon!) the token offering was a more complex work for us. So we have just one offering in ERC223 format now, META:

1. There are a total of 21,000,000 META digital notes which can be used for the following: purchasing securities of hard-to find and rare companies such as Uber, AirBnB, Autilla, Lyft and Dunaton Congress; paying trading fees on the Dunaton Congress Marketplace; and as a standard digital asset for the purpose of trading against any cryptocurrency on other exchanges.
2. Every META is tethered to one British pound (GBP) at a minimum upon sale. If for whatever reason the Dunaton Congress Marketplace is not delivered by June 1, the holder can swap back the META for the GBP Fiat-underlying.
3. The sale price of META is updated daily and reflected in the smart contract: see website. META starts at 1 GBP per note and is increased by a minimum of 10p daily.

Will update the main post soon once we have got the rest in place. The offering is much simpler than before now as these digital notes are used on our exchange to buy the unicorn company shares and other exciting securities. Since it came up here earlier, we will answer: simply, the flexibilty for a token to trade between 2 status - as a crypto and as a purchasing agent of securities - is what we define as a metacurrency.

[icoxxxx]

  That is a lot clearer now. Nice changes.

[supernva]

What makes your project different between other similar projects?

[dunaton]

What makes your project different between other similar projects?

Good question!

1. We have actual bank-grade tech. That means that major megabanks are using the same tech to trade precious metals as you will get to trade cryptos with (we are going to deploy in demo form BEFORE the ICO is over so you can SEE AND PLAY with it). This IS pro trading software, not some hashed together stack. It is deliverable. This is an important differentiator - for instance the use of bank-grade tech means better safety, accuracy and more precautionary features such as the Accept-Reject Match feature which allows you to accept or reject trades before they are executed each time or when they are received (more overall control).

2. If we don't deliver any product you effectively get to swap your tokens back for the GBP-equivalent purchase amounts, ensuring you don't lose a dime.

3. All TOKENS we sell here are backed by GBP and GBP is a great bet right now.

4. It's metacurrencies. To understand metacurrencies you are best to read the white paper but basically they are crypto with value external to the blockchain network (not NECESSARILY security tokens but also including security tokens).

5. The project is partners with a regulated firm, Autilla (check here: https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000NMj4lAAD)

Those would be the main differentiators for now. Summary: 1. Real tech used by banks 2. Money back if we don't give you that 3. Crypto backed by Fiat like Tether was meant to be 4. Innovative new treatment of cryptocurrencies 5. Regulated entity partner proven and offering double peace of mind

[dunaton]

What makes your project different between other similar projects?

Maybe this passage from the White Paper may sum the answer to this question up best however:

Dunaton is an ancient Greek conjugation of the Biblical word meaning “mighty”, “powerful”, “excelling”, “strong” and “possible”. These are the words that for us summarize what the world’s first ever financial products marketplace looks and feels like. It is mighty and powerful in the way it disrupts traditional capital raising events; it’s effects on the financial markets and on the way in which start-ups and consumers monetize their assets will be stronger than any financial revolution that has taken place to date, and as a result almost anything – any situation, any purchase, any dream – is made is possible by such an innovation coming to market.

Picture the following story: in January one year, overspent and under-liquid following some particularly grueling Christmas season expenses, a man in London securitizes his wine collection and sells it on Dunaton. By March, this gentleman had used the digital assets obtained from his securitized wine sale to invest in a number of the metacurrencies listed on the Dunaton Companies Market, which included a variety of eclectic choices. Instead of wine, he now owned a portion of a factory in China, a basket-weaving enterprise in the Philippines, a tech company in Tokyo and a sand provider to five star hotels across the world that was based out of Africa. By the end of June, just as the weather was getting warmer and the British pubs were starting to spill out over the sidewalks with merry patrons, a few of these companies paid out some handsome dividends in digital gold and silver thanks to recent publicity from the news sites which drove product sales before the subsequent holiday season.

In July, the investor converted the securities into the tokens of the companies he owned via effecting a share-crypto trade after a brief crypto sell-off. When the firms he had invested in raised more capital for expansion, far from finding himself diluted out of existence, his tokens spiked up, earning him even more money. That seemed somehow more just than his regular stock market holdings. Just the company tokens peaked over 400% higher in a few weeks, he got out and decided to use the excess profits to increase his risk a little. He speculated on some interesting start-up project ICOs via purchasing token issuances first. During the final quarter of the year, from September to November, he was able to convert back from tokens into shares via partaking in crypto-to-company pre-IPO purchases with his meta cross notes. In one case a company that had raised far more than expected at one of the ICOs he had participated in was able to pay out one-time special dividends just before the final holiday season of the year!

By December, he was able to use his profits to repurchase his wine collection in digital form and to lay it out on the table for Christmas. But first, he bought a brand-new house to host the whole family for a lavish Christmas celebration that would have been impossible before.

It was amazing because none of this was done using any debt at all: simply a few cases of wine left over from the previous Christmas dinner party had made him rich! This story is not possible to tell today of course, but it will soon be the case that it is. It is the simple story of mighty, powerful dreams being fortified via the endless possibility of a truly interconnected global financial product marketplace where utility is connected immediately to real value and amplified across a global product marketplace. It is the story that will be told again and again at Dunaton.com – the world’s first digital financial product marketplace. 

[dunaton]

Smart contract is now out!!

https://etherscan.io/address/0x7dce85240d178ae61e91aa82ecdc2048d1ca052f

[icoxxxx]

So we can deposit ETH here for META tokens?

[dunaton]

So we can deposit ETH here for META tokens?

Yes - META tokens keep going up in value every day. Already the first buyers are more than 200% up on their purchases,  so first come, first serve! (This is the easy money bit to be honest; after that we actually have to work for it )

[icoxxxx]

Haha - at least you honest about it! Sure, I play. Those 200%ers must be happy. Is that the $5m that already gone in?

[dunaton]

Haha - at least you honest about it! Sure, I play. Those 200%ers must be happy. Is that the $5m that already gone in?

That is the premine yes. They participated in the pre-ICO. But since it has been in ICO stage it has increased 230%.

[dunaton]

Dunaton Metacurrency (META) Q&A

What is a Metacurrency?
A Metacurrency, or 3-dimensional currency, is a financial unit with 3 dimensions of currency value other than its own core unit of value. Those 3 dimensions are: supply, intrinsic value and payment value. A Metacurrency can be thus used to purchase securities and to purchase cryptocurrencies, which are both 2D currencies.

What is Dunaton Congress?
Dunaton Congress is a trading platform we are developing with Autilla, a professional provider of digital gold trading tech to the London Bullion Market Association (LBMA) in order to trade Metacurrencies and cryptocurrencies. It is an exchange that allows the simultaneous transference of crypto securitisation. It will be launched before June 2018.

How does META work?
META is the world’s first Metacurrency. It will be used on Dunaton Congress Marketplace as a base currency in order to purchase both cryptocurrencies and securities such as Uber, Lyft, Berkshire Hathaway and others in token form. This dual role as both a regulated and unregulated asset makes META potentially very valuable.

How many META are there?
There are 21,000,000 META. 5,800,000 META were purchased by the VC behind Dunaton Congress, Chen Qing, prior to the INO beginning.

What is a digital note?
A digital note is a unit of value that is represented in Metacurrency form. Just as Bitcoin was labelled a digital coin, so META is a digital note: a next-stage evolution of digital assets.

How is META different from a security token?
META can be a security token or a regular cryptocurrency. It is used to purchase security tokens, but it can also be used to be traded against other cryptos on mainstream crypto exchanges.

Will META be listed anywhere else other than Dunaton Congress?
Yes. META will be listed at all the mainstream crypto exchanges.

Is the META INO regulated?
No. Because of META’s dual properties as a security and a non-security (cryptocurrency), it is sold and marketed as a standard utility token with potentially security properties subject to the holder fulfilling AML/KYC for the security token side of the exchange.

[88bitcoin]

Nice Q&A and nice to see the smart contract is out and ready now.

Looks like a good ICO in the works and impressive partner and team, too.

[ODINN]

Looks like another scam by Daniel Harrison, monkey capital, Futereum...

You need to stop Daniel.

Fake team again?

[LAMBO CUCK]

Just so everyone is clear this Daniel Harrison the king of scams creating another bull shit name for his company.

He has multiple fake accounts posting in this thread. SCAMMER!