Every day the world becomes more aware of the existence and possibilities of cryptocurrency. Coins come and go, live and die within weeks, or even days. So much of the market is fleeting, polluted with investment scams or currencies that act as a store of value with little use. Even with bitcoin, useful adoption is slow. People compare the cryptocurrency exchanges to the stock market. But in reality we have no actual stock market, very few actual companies, and no easily accessible way to start them. We aim to provide a solution for all of this.
Our platform's name is Mercurius, latin for the roman god of commerce. We will provide the first real stock exchange for crypto based companies. However, for there to be a stock exchange, there must first exist companies with tradeable stock. The solution to this is found in the ethereum token. Startup companies will have the ability to pitch their idea to us, and we will determine if it is a worthy project. If so, a crowdfunding token sale will be conducted and we will raise funds and issue tokens to investors. The model for this is not unlike kickstarter, where we will be keeping 5% of the funds raised to support the Mercurius platform. If the project does not meet the funding threshold, investments are returned to investors. If funding is successful, the the token will be added to our stock exchange. We will deal exclusively with ethereum tokens as stock shares. Stock holders will be entitled to dividends from the profits of the respective companies, and it will be up to the companies to handle the payouts to their investors.
Mercurius is also a company, and as such will also be using a ERC20 compliant token to fund the project and distribute stock. The token is in development and will be released for review shortly. We will also be listed on our own exchange, just like any company that funds though us. We also are working on what we currently call the Fractal payment system, which will provide an automated framework for payments to company investors.
The first order of business after token completion is a Facebook/Twitter campaign. Free shares will be awarded to participants. This will be the earliest opportunity to receive Mercurius shares. At a later date, we will interview and select interested startup companies to launch with our platform. Last will be the Mercurius token sale. We will announce these dates well in advance.
If you have any interest in launching with us as a startup company, contact mercuriusrevolution on bitcointalk, or email us at
mercuriusrevolution@gmail.com. Bounties will be set for those who can do translations and help with the stock exchange development. The Mercurius website is undergoing some tweaks and will be made available shortly.
