Monkey Capital Initial Coin Offering (ICO)
Monkey Capital Value Coeval is the result of the coming together of five entities to create a unique organization with the ultimate mission of becoming the dominant player in blockchain technology. The organization will cater specifically to investors who are interested in both foreign exchange and equity products. By leveraging the brokerage firm’s existing FX trading platform technology, Monkey Capital will quickly establish itself as one of the leading providers of sales and trading services to the digital assets market.
The five (5) entities which will form Monkey Capital Value Coeval include DMH & Co., DX Markets, LOUD Capital, Highway Capital plc and the Factory Banking Company. The Factory Banking Company (TFBC) will be the Audit Manager for the project and will therefore handle all funds, returns distributions and so on.
Together, the shareholders of each entity have undertaken to collectively and mutually issue convertible loan notes (CLNs) equivalent to 20% of the enlarged post-money shareholding of each entity. Collectively, the five entities represent organizations that have enviable track records in the areas of investment management, blockchain development, and financial technology (fintech). The synergy created by the mutual merging of these organizations will give Monkey Capital a unique market advantage that could potentially mimic Google’s dominance in the internet market.
Monkey Capital will be assigned 10% of the revenues collected from all post-audit fees. Further, half of all income from activities managed under the portfolio of child token issuances will be paid to MNY portfolios, whereupon 50% of this amount is paid out on an as-received basis to token holders. 5% AUM of gross portfolio amounts belonging to Tokens managed by Monkey Capital Coeval are paid annually upfront to the Factory Banking Company (TFBC) for audit management costs. The funds are escrowed and paid to TFBC on a quarterly basis.
Investors have been able to obtain returns from 5 to 10 times the capital invested with initial coin offerings since the development and launch of Ethereum and ERC-20 compliant tokens. When the value of the bitcoin market dropped by 70% between 2014 and 2016, it opened up the gateway for a surge in popularity of initial coin offerings (ICOs) in 2017. The popularity of the token market is due in part to investors’ search for sustainable platforms with best-execution capabilities. The owners of Monkey Capital strongly believe in the ability to greatly enhance the next-stage evolution of token issuance as its own multi-purpose asset class, something that has yet to ever be done before...
All in all, I truly believe this ICO could be revolutionary in terms of bringing a completely fresh approach to the ICO scene. As the pre-ico token known as COEVAL has surged from 0.04btc to 0.25btc just within the last week! Which by the way can be purchased exclusively on Waves DEX for bitcoin/waves. If this is nothing more than a taste of what is to come, then all I can say is buy while you still can and HODL folks.
Official Website: https://www.monkey.capital/
Whitepaper: https://www.monkey.capital/docs/MC_Whitepaper.pdf
Waves DEX: https://wavesplatform.com/
CEO's Resume: https://www.linkedin.com/in/dmhco/
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1061836