The mention of blockchain technology is often relatable to Bitcoin in most instances. Despite this notion, the innovation bears significant use beyond transactions and startups can become part of the beneficiaries. An example of such application presents itself within the Moolya ICO as we will get to see. By utilizing blockchain technology beyond the domain of cryptocurrency, the ICO venture has set a goal to use blockchain to empower startups.
What Is MoolyaCoin?
Moolya is a blockchain-based entrepreneurship ecosystem that will offer support, learning, market, opportunities, regulation, and value-add to its community of users. As per their definition, Moolya entails creating the platform to accommodate entrepreneurs, organizations, and institutions that make up the ecosystem of collaboration to ensure firm success.
How MoolyaCoin Global Blockchain Startup Communities Works
The Moolya.global ecosystem plan to become the first global comprehensive digital platform to accommodate the following users:
- Service providers
- Other enablers such as mentors, gurus, and partners
Additionally, Moolya plans to incorporate the use of the digital token, moolyacoin, as a preferred method to conduct their business and access the services within the ecosystem. The ERC20 coins will aim to promote the cause of moolya as the first global digital startup ecosystem.
On the other hand, Moolya will rely on a two-sided network effect protocol that is built to help increase the usage of a startup product within a particular group of users and consequently, increasing the value of its corresponding item. From this, Moolya embarks on encouraging the growth of complementary goods by giving them a strong presence within the market through their network effect protocol.
- Universal and borderless
- Safety and security
- Trackable and verifiable funding
- No inflation effect
- Instant liquidity
- Increased purchasing power
- Potential growth in value due to increased usage
- No charges
The Moolya digital ecosystem model is on record as going live as from January of 2018, with the official patent pending for their intellectual property.
However much there are plenty of ventures within the startup sector, Moolya stands out with several unique features and most importantly the use of blockchain. Still, there is no telling when a new venture will rise with a similar concept.
The Moolya core comprises of architects, domain experts, evangelists, mentors, advisors, and engineers with experience as the go-to gurus for market efforts.
Overall the roadmap for Moolya looks pretty solid and with the years of market analysis and research put into the project, it safe to say this could turn into an exciting venture in the long run.
MoolyaCoin MOOLYA Token ICO Details
- Pre-ICO– 10th July 2018 – 10th Aug 2018
- Private-Sale- 1st Sep 2018 – 30th Sep 2018
- Public-Sale: 15th Oct 2018 – 15th Jan 2019
- Pre-Sale: Bonus: 25%
- Private-Sale: Bonus: 20%
- Crowd-Sale: Bonus: 5%
Parameters Of The ICO
- Symbol/Ticker- MOOLYA
- Platform- Ethereum
- Model- ERC20
- Total no. of moolyacoins: 1,000,000,000
- No. of moolyacoins offered in ICO: 480,000,000 (Pre-Sale, Private & Crowd Sale)
- Price / Coin in Pre – Sale: 0.06 USD
- Price / Coin in Private/Crowd Sale: 0.06 USD
- % of Coins for sale in ICO: 48% (Pre-Sale, Private & Crowd Sale
- Hard Cap- 25 million USD
- Soft Cap- 3 million USD
- Pre-Sale- 8%
- Private sale- 20%
- Crowd sale- 20%
- Advisors- 14%
- Founders and Team- 14%
- Reserve- 24%