MoneyGram is here to provide a decentralized Money Transfer platform that is safe an secure, have zero transaction fees and internationally accessible. MNG coin is going to replace the traditional way of money transfers by connecting participants directly and cut down the costs associated with the middleman.
What Is MoneyGram?
MoneyGram International Inc. is a US-based money transfer company. From small businesses and global corporations to families near and far away to NGOs in the most remote communities on Earth, MNG Coin helps people and businesses move money – to help grow economies and realize a better world. In 2017, they completed 840 million transactions for their consumer and business clients.
With MNG coin, anybody can send money abroad and it works in straightforward advances. A user(Sender) opens an account with MNG and deposit Bitcoin or local currency in his/her account. He or she at that point submits a request to send money to outside nation, at that point MNG matches the request with different clients having orders inverse way and procedures the exchange. Beneficiary (Designated account by sender) gets the money in local currency from MNG, same applies to inverse course arranges.
MoneyGram Blockchain Money Transfer Services
MoneyGram is a global provider of innovative money transfer services and is recognized worldwide as a financial connection to friends and family.
MNG Coin Exchange:
Instant exchange, use your funds immediately 150+ countries and 30+ currencies supported 20+ deposit and withdrawal methods are available. Including credit or debit cards, bank transfers, and cash.
MNG Coin Prepaid Card:
Convert your cash to a card fast! Funds are typically loaded in real time so they are there when you need them, load your card instantly with MNG coin. Use your card anywhere and anytime. Use it at 20+ million ATMs and 35+ million shops worldwide.
MNG Coin Mobile Wallet:
Manage MNG coins on mobile phones or web browsers Easy and secure way to send, receive, buy and sell MNG coins anytime, anywhere.
MNG coin offers fast, convenient bill payment services to thousands of companies, plus government agencies, child support and healthcare providers across the country, with more than 350 mobile carriers MNG coin brings you closer to loved ones with simple, affordable mobile top-up.
MoneyGram MNG Token ICO Details
MNG Tokens are ERC20-based Ethereum Tokens. Every single MNG Token is equivalent to each other and has the very same characteristics, properties, also, attributes. The Token layer and its capacities will be bitten by bit presented and implemented throughout the advancement of the whole essential stage.
A total of 100,000 tokens will be released. Pre-Sale Token Price is $0.75 USD, however, Public Sale Price will be higher at $0.90 USD. There is a hard cap of $81 million while the soft cap is almost half its capital at $40 million. 20% of the tokens released will be allocated for Pre-Sale, 40% for public sale, 20% for the token to current MNG store, 10% for the team and 10% will be reserved.
Use of funds:
- 30% – Web & App engineering, Digital platform development
- 30% – Business development
- 15% – Marketing & Promotions
- 15% – Research for future product
- 10% – Legal & Operations
MoneyGram is the first to bring P2P fiat remittance platform on blockchain gives MNG coin the clear edge and it is set to become the leader in this space with its highly experienced team. You can find out more about them and their token on their website.