We are glad to announce the official launch and terms of the PreSale stage! Here’s what you might want to know about it.
Short name of the token: MUST
Full name of the token: Main Universal Standard of Tokenization
Token standard: ERC-223
PreSale period: August 1 — September 30
PreSale token offer: MUST 100,000,000 (USD 4,000,000)
Token price: USD 0.04
Participation thresholds: USD 100,000 min, USD 500,000 max
PreSale bonus: 25%
Softcap: USD 500,000
Hardcap: USD 4,000,000
KYC / AML: without a smart contract
White List: without a smart contract
PreSale is the first private stage of the token distribution process. Now that we are ready to implement the MUST Protocol creating initial MVPs, we invite major investors to support the project.
PreSale 500k softcap which is already half filled will allow us to successfully launch one of the projected minimal viable products. Reaching 4M hardcap will provide MUST with resources to start several MVPs for different business verticals by the beginning of the Token Sale.
At the same time, we try to avoid the excessive impact of the single token holder to the stability of the project’s economy. This is the reason of setting up a maximum limit for major early investors to $500,000.
Investment procedures like KYC and AML regulations at the stage of PreSale will be executed in a classical way without involving smart contracts.
The PreSale stage will last till the end of September, followed by a month-long break before Token Sale starting November.
At the moment the MUST Team supposes and plans two types of the token demand and price incentives. First and principal of the utilities of the MUST token is the access to the platform services. Customers will need it to get into the asset databases, pay platform subscription fee etc. Combined with the discounts provided with tokens — 50% in 2018, 25% in 2019, 12,5% in 2020 and 7,5% in 2021 — this scheme will spur the growth in demand for the MUST token driven by the increasing popularity of the MUST Protocol and the number of real implementations of asset tokenization within the MUST Platform.
Get in on our PreSale now at https://must.io/ and be the first in line to benefit from being part of the MUST community: we are offering a 25% bonus for the PreSale participants!
Once you’re done, don’t forget to join our Telegram (https://t.me/must_en) and follow us on Twitter (@mustfin), Facebook (https://www.facebook.com/mustfinex/), and LinkedIn (https://www.linkedin.com/company/must-io/) for company news and updates.