Why so long between Pre-sale and ICO?
We at Mingo want to prove our capabilities and responsible use of contributor funds by building the MingoWallet Beta between the Pre-sale and ICO, further building the confidence in the Mingo team’s competence and expertise.
What will the total supply of MGC be once the ICO completes?
The total supply is not known at this time as it depends on the total MGC issued during the fundraising. However, our current estimates are that 800,000,000 MGC will be issued. The total supply will be calculated based on the number of MGC issued during Pre-sale and ICO. MGC issued directly to contributors will make up 70% of the total supply.
What is the expected market cap of MGC?
This depends on the funds raised during both the pre-sale and ICO, however, we are currently estimating the market cap to be approximately €40,000,000 upon completion of the ICO.
What is MingoToken (MGT)?
MingoToken (MGT) is the Pre-sale token smart contract built specifically with the functions necessary to run the Pre-sale.
What is Mingo’s Pre-sale hard cap?
Our initial pre-sale target is €2,000,000. We will not accept funds above €8,000,000.
What is MingoCoin (MGC)?
MingoCoin (MGC) will be the ICO-and-beyond token smart contract that will include all of the more complex functions necessary to facilitate the long-term utility of Mingo.
What is the exchange rate of MGT to MGC?