Merculet roadmap

Token economics

Token supply: 10, 000, 000, 000 MVP, premined

Softcap: 10,000 ETH

Hard cap: 31,000 ETH

Crowdsale: 15, 000 ETH, 30% of total token supply, pegged at 1 ETH = 87, 500 MVP. Minimum contribution is 0.1 ETH, maximum contribution is 5 ETH. May 4, 8am CST to May 9, 8am CST

Private sale: 16, 000 eth, 20% bonus. Minimum contribution of 150 ETH, maximum contribution 1000 ETH. Locked up for 5 months, every month 20% of pre-sale investors’ tokens will be unlocked (investors include Fenbushi Capital, Neo Global Capital and Krypital Group)

Team and advisors: 20% of total tokens

There are two reasons popping out about Merculet’s token economics that are very encouraging for investors. Raising about 31, 000 eth there is a lot of upside for the project hence more profit for investors. The small difference between pre-sale and crowdsale price makes it highly unlikely for prices to be dumped heavily by pre-sale contributors once Merculet is listed on exchanges. Going by previous successful Krypital Group projects, Cybermiles and Arcblock, Merculet is the next in line of a blockchain incubator with an established track record.

Merculet will have an Asian audience ready for fulfilling the demand of the project, with strategic partners in place already. This unique focus is important for any successful project. Merculet can offer the best solution for the disruption of online advertising as well as for online traffic.

Merculet product concept will be available in Q2 2018(towards the end of June), while beta version will be unveiled in Q3 2018. The programming language used will be Java and Go. The beta product is developed internally but the final product’s code will be open source.

Partnerships

Magic Window

Founded around three years ago Magic Window has been growing online enterprises using the latest emerging technology. Currently, it has 10m users in Asia. Magic Window will be one of the client’s using Merculet’s API to create a feedback ecosystem for its users

Egretia

World’s first HTML5 blockchain platform. In everydayspeak, Egretia will be the first blockchain platform powering online mobile games. Popularity of online games is only set to increase with unique qualities of the gaming community complementing blockchain technology in terms of a ready user base.

Fenbushi Capital

Has invested in Merculet Project, as part of the partnership that will see Bo Shen also be part of Merculet advisor. Fenbushi Capital is one of the most prominent venture capital funds with specific interest to blockchain projects with a board of world-class investment managers. Vitalik Buterin is an advisor to Fenbushi Capital. This shows that this partnership is mutually beneficial with value addition beyond merely capital investment.

Other partners

ELEX and Solo Ads the total amount of users Merculet currently has due to their partnerships alone is 80 million.

Team & Advisory Board

Ivan Jiang

The CEO, one of the leaders of HP China after graduating from one of the most prestigious MBA schools in China. Famously known as “China’s Reid Hoffman,” he is the founder of the three-year-old Magic Window.

Shen Bo

Founder of Bitshares and Fenbushi Capital, bringing experience in the traditional finance industry

Shoucheng Zhang

Founder of Danhua Capital, professor at Stanford University

Roger Lin

In total about 30 members, for now, more to be added as the project proceeds.

Conclusion

Overall, Merculet affords a valuable ecosystem for online exchange of value. Enterprises can use Merculet’s protocol to monetize online time for users, incentivizing them in the process, without any change in usual interaction with technology because Merculet will be an underlying protocol for all content providers. This democratizes the ability for online enterprises, huge and small alike to grow their user base using the decentralized economic model of Merculet network. Content creators will also be motivated to produce in an easy-to-track reward system without middlemen, ensuring rewards accrue to those who deserve it the most. The prototype is set to be launched soon before implementing on partnerships to indicate the possibilities of Merculet to the community. In addition, Merculet is initially set to launch in China, later the market reach will increase as Merculet’s global implementation increases.

Website: https://merculet.io/

Whitepaper(English): https://merculet.io/static/pdf/Merculet_Whitepaper_V0331a-EN.pdf

Whitpaper(Chinese): https://merculet.io/static/pdf/Merculet_Whitepaper_V0331a-CN.pdf