Merchant Token (MTO)
DeFi Payment Protocol that enables POS terminals on blockchains and brings consumer protection to crypto payments
ICO Details
| Sale Type | Past ICO listing |
|---|---|
| Target Raise | $ 37,404,503 |
| Hard Cap | $ 37,404,503 |
| Soft Cap | $ 5,000,000 |
| Token Symbol | MTO |
| Token Type | ERC20, Ethereum |
| Token Price | 0.20 - 1.20 USD / MTO |
|---|---|
| KYC | No |
| Whitelist | No |
| Accepts | ETH, BTC, USD, EUR, LTC |
| Distribution | Seed supporters; 8,000,000 MTO (8%); • Sold at $0.20; • Tokens are vested; 10% unlocked; after ICO; 90% over 2 years.; Private-sale participants; 5,000,000 MTO (5%); • Sold at $0.20 - $0.30; • Tokens are vested; 25% unlocked after ICO; 75% over 6 months.; Team and advisors; 11,000,000 MTO (11%); • Tokens are vested; 100% after 4 years from ICO.; Strategic Partnerships; 13,000,000 MTO (13%); • Tokens are released over a period no less than 48 months; further details to be announced.; Strategic Ecosystem grant pool; 13,000,000 MTO (13%); • Tokens are released over a period no less than 48 months; further details to be announced.; Public-sale participants (ICO); 50,000,000 MTO (50%); • Sold at $0.30 - $1; • Tokens are locked until ICO ends |
Features
Frequently Asked Questions
What is Merchant Token?
HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP-gateway) and the governing Merchant Token (MTO) is a solution that introduces consumer protection concepts from the traditional card payment industry to any blockchain with support for smart contracts like Ethereum, Cardano (ADA) or Solana, which we believe is the missing piece for crypto payments to have a market penetration and acceptance among mainstream consumers. HIPS Merchant Blockchain is the native blockchain for HMP and Merchant Coin (MEO), optimized for real-time Merchant transactions created for Payment Service Providers (PSP) and EFTPOS devices with full support for backward compatible financial protocols like ISO8583 enabling crypto payments in standard terminal messages, using the existing terminal, and card scheme infrastructures for crypto payments in Hips Merchant Blockchain.
Is the Merchant Token ICO currently live?
No, the Merchant Token ICO is closed.
What is the Merchant Token token symbol?
The Merchant Token token uses the symbol MTO.
What is the Merchant Token (MTO) price?
The token price for Merchant Token is 0.20 - 1.20 USD / MTO.
Does Merchant Token require KYC to participate?
Merchant Token's KYC requirement is: No.
Where can I find official information about Merchant Token?
The official website for Merchant Token is https://merchanttoken.org, and the whitepaper is available at https://static.hips.com/pdf/white_paper/merchant_token_white_paper.pdf.