The official Initial Coin Offering (ICO) for the ethereum blockchain token “Mollars” was launched on Monday, November 21. The token price starts at $0.30 in the first phase.
Mollars is a hybrid cryptocurrency that will be an alternative to bitcoin as it is a store of value tokens. However, there will be a difference as it begins a decade after btc was first introduced to the world.
What are store of value tokens and coins?
Like bitcoin, Mollars is intended to be a store of value that is in high demand, and the founder will not hold tokens privately. Possibly up to 99.5% of today's cryptocurrency founders have a personal stash of tokens that was likely introduced to investors through the “fine print” of the cryptocurrency brand's whitepaper.
In Mollars white papers, it is clearly stated that no party involved in the development of this token will receive any tokens. 100% of the tokens generated by the founder and the developer team will be placed on the crypto market and exchanges.
Another attribute that makes Mollars a store of value, like bitcoin, is that it will be completely decentralized.
The founder will not own the brand. The token's creator created infrastructure and formulas to give the token longevity, but the enigmatic figure will have no control over the token once it has been launched on major crypto exchanges.
Mollars ICO and possible exchange listings
The first exchange Mollars will list on is Uniswap, the world's number one decentralized crypto exchange. If the ICO reaches its goal of $2 million, it will have a trading price of $0.62 on the day of listing.
The 62 cent listing would mean that investors in today's first ICO round would see ROI returns of over +200%.
The trading day price could be weaker if the USD 2,000,000 milestone is not reached with the Initial Coin Offering fundraising.
With 15,661 tokens sold since its debut on November 21, the Mollars ICO The listing has an average daily purchase rate of just over 2,610 tokens. At this rate, the initial coin offering would take a considerable amount of time to complete. However, the “buzz” is increasing and the daily purchase rate is expected to increase.
Another reason why users might start buying more is the recent release of the crypto token founder's white paper and mission statement. One of those statements includes a 'catalyst' to expand the Mollars brand through product.
bitcoin had a 10-year head start… so here's the catalyst
The new ERC-20 token will be a must for those who wish to use the upcoming web3 mystery product from Mollars developers. This decentralized application (dApp) will launch in early 2024 at the same time as hybrid tokens are launched on its first major crypto exchange.
What exactly is the dApp that Mollars will launch? It is still unclear, but the 'good' web3 is believed to be aimed at P2E players and metaverse enthusiasts of the ethereum blockchain world.
Mollars ICO in 2024
These claims from the developers of the new ERC-20 token have led some analysts to believe that investors in today's first ICO round could generate more than just the typical listing day profits.
Since the Mollars token is offered at 0.30 cents today, it will be listed on a major crypto exchange in the second quarter of 2024.
Many new tokens make profits when they are listed on new cryptocurrency exchanges, but having a real product could boost the token.
ICO and tokenomics
Details for the ICO launch and post-listing plans have been clarified based on successful meeting of the fundraising target. A total of 4,500,000 tokens will be sold. Mollars initial coin offering will have 4 rounds of funding. The pre-swap price of the token will gradually increase with each round.
First-round investors will have the best opportunity to purchase Mollars tokens at the above-mentioned exchange rate of $0.30. After a modest 200,000 tokens have been sold, the second round will begin.
The ICO price for second round token investors will be $0.40, which is a substantial increase. In this second stage, a maximum of 300,000 tokens will be sold before the price rises again in the third round.
As popularity grows, the supply available in the third round of the ICO will double to 700,000 $MOLLARS tokens. In this third round, Mollars will have the first details and possibly a preview of its web3 product.
In the fourth round of the ICO, investors will have to pay half a dollar to purchase tokens early.
In the 2 rounds after the 4th, the pre-sale of the token will increase by 0.05 US dollars in each round. Specifically, investors in the fifth round will have to pay $0.55 per token, and those in the sixth round will have to purchase tokens at a rate of $0.60 each.
The total supply of tokens to be sold in the Mollars pre-sale amounts to 4,000,000 cryptocurrencies.
After the ICO pre-sale is completed, the $MOLLARS coin will quickly appear on a major crypto exchange, according to public plans.
Learn more about the ICO and this new hybrid token on its official website: www.Mollars.com.
Disclaimer: The above article is sponsored content; It is written by a third party. CryptoPotato does not endorse and assumes no responsibility for the content, advertising, products, quality, accuracy or other materials on this page. Nothing contained herein should be construed as financial advice. Readers are strongly advised to independently and carefully verify the information before participating in any venture or project mentioned and to conduct their own research. Investing in cryptocurrency carries a risk of loss of capital, and readers are also advised to consult a professional before making any decisions that may or may not be based on the sponsored content above.
Readers are also advised to read CryptoPotato's full disclaimer.
Binance Free $100 (Exclusive): Use this link to sign up and receive $100 free and 10% off fees on Binance Futures for the first month (terms).
<!– ai CONTENT END 1 –>
