Monolith Rank 466
$0.111060
Monolith Rank 466
Website Reddit Twitter
32,694,387 TKN

Monolith
Monolith
TKN

Monolith Price
$0.11

Monolith 24h Vol
$18,959

Monolith Market Cap
$3,631,052

24h Vol
3 BTC
1 H
-0.98 %
24 H
-3.59 %
7 d
-1.95 %
Today Monolith price in US dollars is currently 0.1111 USD, and if converted to Bitcoin is 0.00001790 BTC. A total of 585 coin's are currently circulating in the Market. Monolith prices are currently experiencing a change of -3.59 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars Monolith has been traded on Crypto Exchanges. Get Monolith's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Monolith
Symbol
TKN
Algorithm
ETH Token
BTC Price
0.00001790 BTC
BTC Market
585 BTC
BTC 24h Vol
3 BTC
Total Coins Mined
32,694,387 TKN
1h
-0.98 %
24h
-3.59 %
7d
-1.95 %
Twitter
Website
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Description

Description


The TokenCard is a project that focuses on providing an easy method for users to interact and secure their tokens. It allows users to keep their Ethereum-based tokens secure and under user-set spending and security parameters through the Token Contract Wallet. Thee tokens can be spend through the physical TokenCard, nabling online payments, PoS transactions and ATM withdrawals.

The TokenCard token is also an Ethereum-based asset, holding a pro-rata claim on the TKN Asset Contract. This Asset Contract accrues a 1% licensing fee (enforced by smart contracts) on all TokenCard transactions. At any time, TKN holders can redeem their share of the underlying assets by 'cashing and burning' the TKN tokens.

ICO Details

ICO Details


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Monolith Studio’s TokenCard is a platform to hold your ERC20 tokens, as well as spend them using a visa debit card. The ICO raised $12.7 Million using a variety of Ethereum based tokens as funding. The initial rate was 150 TKN per ETH which dropped by 10 TKN for every $750,000 that was raised. To a minimum rate of 100 TKN/ETH. The token reserve is as follows, 20% goes to 18 month smart contract split evenly between founders and Monolith Studio, 15% available to Monolith which can be sold, 5% for advisors.

The funding from the ICO will be spent with the following distribution:

  • Core Development 30%
  • Operational 25%
  • Marketing 40%
  • Legal and compliance 5%

 

ICO Status Finished
Token Supply 42300000
Start Date 2017-05-02
End Date 2017-05-02
Fund Raised (BTC) 166,700 ETH; 462.2 REP; 374.2 DGD; 6,600 GNT; 1,600,000 SNGLS; 4,000 SWT; 7.6 MLN
Fund Raised (USD) 12700000
Start Price (USD) 0.54
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction United Kingdom
Legal Advisers N/A
Blog https://medium.com/@MonolithStudio
White Paper http://tokencard.io/tokencard_whitepaper.pdf

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