The MulTra Team attended at the World Economic Forum in Davos representing Pumped at the EEA and Crypto HQ:
https://www.facebook.com/pumpedcrypto/videos/577190689313243/
Let me know your thoughts!
Topic: [ANN] Initial Token Offering (MTT) | Pumped - The New Content Economy - page 2. (Read 721 times)
February 11, 2018, 11:02:25 AM
February 10, 2018, 06:30:51 PM
The German Grand Coalition has decided on a draft for a common programme to govern Germany.
It includes a comprehensive blockchain strategy and an appropriate legal framework for trading cryptocurrencies.
Pumped Crypto and MulTra has been mentioned in this context here: https://blog.lightfin.de/2018/02/08/white-smoke-from-the-grand-coalitions-chimney/
For more late-breaking news you are invited join the discussion on Telegram: https://t.me/joinchat/HNxDzhKsfgST0feSX5moZg
It includes a comprehensive blockchain strategy and an appropriate legal framework for trading cryptocurrencies.
Pumped Crypto and MulTra has been mentioned in this context here: https://blog.lightfin.de/2018/02/08/white-smoke-from-the-grand-coalitions-chimney/
For more late-breaking news you are invited join the discussion on Telegram: https://t.me/joinchat/HNxDzhKsfgST0feSX5moZg
February 04, 2018, 03:28:41 AM
You want 200k ETH for a content sharing platform? That's more than $200 mil +++
Please explain your use of funds properly, why so much?
Please explain your use of funds properly, why so much?
Thanks. This answers my question, especially the team building part, they really are expensive considering the demand today for blockchain experts with the limited supply of talent.
Looking forward to watching this, all the best
Hello Saleemlala,
Thanks a lot for this important question! You are welcome to contact me directly if you have further remaining questions.
This whitepaper includes all information: https://www.multra-gmbh.com/files/Pumped-Whitepaper.pdf
TO ANSWER YOUR QUESTION…
1. Higher hard costs for physical assets
Pumped is not only a content sharing platform but it introduces a new content economy with five pillars that are outlined on page 16 of the Pumped whitepaper. Having a close look on these pillars will show that Pumped is not only a virtual platform but also has real life aspects. The five pillars require higher budget than just software development and marketing.
For example:
• According section 5.1 on page 32 of the Pumped whitepaper, a physical Pumped Residence will be set up. This involves costs for property and a building (hard assets).
• Under section 8.7 on page 46 of the Pumped whitepaper, ICO investors have all time access and even free accommodation and hospitality based on the exchange amount they invest during ICO (physical service and operations).
2. Higher hard costs for talented people and quality services
Talented people that create measurable impact have higher salaries. Highly qualified people with expertise, passion, spirit and discipline are required to succeed with the Pumped mission and to ensure power, prosperity and pleasure in the service of consumers, publishers and investors.
For example:
• We focus on clean business operations especially in legal terms. For that reason, we comply with upcoming regulations beforehand to secure the investment of our ICO investors in compliance with requirements of regulators:
https://www.youtube.com/watch?v=iT_byeL1qMU&index=2&list=PL0Eq8CIcJZgIgAb5CrHphp_2FuWkUKb01
• The DApp development will be aligned with the vision of Vitalik Buterin and the mission of Ethereum:
https://www.youtube.com/watch?v=3tzNpHSKfQA&list=PL0Eq8CIcJZgIgAb5CrHphp_2FuWkUKb01&index=3
• We will need to recruit and retain local teams in various parts of the world to implement and ensure accurately that the exercise bears fruit for publishers and consumers of quality news content. This will be a sophisticated process which requires us to take highly qualified and committed talent on board.
3. Higher infrastructure costs to build a product that disrupts the status quo
Pumped is intended for a global roll-out winning the same relevance for news media as Instagram for photography.
For that reason:
• Since 2014, MulTra GmbH is a limited liability company incorporated in Frankfurt am Main which benefits from German infrastructures and consistently pays taxes to help maintain these infrastructures. Rather than setting up an offshore vehicle to avoid taxes, we have decided to accept the burden of Federal corporate and local commercial tax. Despite high tax rates, we trust that buyers of MTT will appreciate this commitment to the city that allows us to operate under excellent and constantly improving conditions.
• The Pumped Economy is capable of rebalancing revenue streams in a very substantial global industry. Despite the structural simplicity of the Pumped system, its implementation as an addition to the highly sophisticated and engrained global news market system will be a major operation.
• The system will need to be adjusted to different technical and cultural environments in various parts of the world (EMEA, North America, Latin America, China, Japan, Subcontinent etc.). We anticipate that this will trigger the need for adjustments of the Pumped Technology.
The tax burden is mitigated by the fact that the quality which we managed to achieve for the ERC20 compliant code allowed us to proceed without the burden of a pre-sale. This has saved a considerable expenditure and it has relieved buyers of the risk that the token may be insufficient.
The quality focus on the product is confirmed by independent rating on ICOBench:
https://icobench.com/ico-analyzer?ico=pumped
4. Page 49 of the Pumped whitepaper shows the budget allocation for the 200k ETH.
20% - Economy Development
20% - Residence Opening
10% - DApp Development
10% - Rewards Onboarding
2% - Rewards Platform
2% - Publisher Onboarding
4% - DApp Marketing
10% - Contractors
13% - Legal and Administration
9% - Contingency
Many thanks,
Onik Mia [MulTra GmbH]
Thanks this answers my question. Especially the team building, it's too expensive these days considering the demand for blockchain experts and the limited supply of talent for it.
Looking forward to this, will keep a watch.
January 30, 2018, 05:49:18 PM
only one tweet and I'll go further, if you want, you can thanklessly thank me, the address is on my page on Twitter
https://twitter.com/Bill_Djons/status/957934916427288576Hi gold969,
many thanks for posting this Pumped MTT [ANN] on your Twitter account!
You may be interested in following Bounties:
Telegram Bounty
10 MTT for joing the Pumped Crypto Telegram Group: https://t.me/joinchat/HNxDzhKsfgST0feSX5moZg
10 MTT for posting MulTra Token (MTT) Information and Pumped Crypto Whitepaper in ICO related Telegram Groups
Facebook Bounty
10 MTT per like and subscribe to the Pumped Crypto Facebook Group:
https://www.facebook.com/pumpedcrypto/
10 MTT for posting MulTra Token (MTT) Information and Pumped Crypto Whitepaper in ICO related Facebook Groups
Best wishes, Onik
January 30, 2018, 05:47:49 PM
After quickly scrolling through whitepaper I didn't find your project very appealing bacause there is too much information but I couldn't figure out what is your project about. Then I saw your CEO (who is very interesting guy who worked for companies like Samsung and Lenovo and has experience from the inside of German stock exchange) and rest of the team including amazing advisors, many of who are PhD.
But I am afraid that I still don't understand the basic goal of Pumped app. Is it about monetizing content? What kind of content, just news, articles or what? Why do you need your own luxury building, the residence?
Can you explain what is Pumped and MTT about in two or three sentences?
But I am afraid that I still don't understand the basic goal of Pumped app. Is it about monetizing content? What kind of content, just news, articles or what? Why do you need your own luxury building, the residence?
Can you explain what is Pumped and MTT about in two or three sentences?
January 30, 2018, 05:33:47 PM
You want 200k ETH for a content sharing platform? That's more than $200 mil +++
Please explain your use of funds properly, why so much?
Please explain your use of funds properly, why so much?
Lol, so much money.
You guys expects so much from just ICO like this.
No doubt the ICO price is too costly you need to do something about it
Hi esquire042,
you can benefit from a 50% discount receiving 4000 MTT for 1 ETH by participating now during the private round.
Also, you have the opportunity to engage in our bounty offerings. On the DApp that we will release it will also be possible to earn MTT as rewards for quality content consumption.
Rgds, Onik
January 30, 2018, 05:07:02 PM
is there a minimum investment?
Hi boxbaly,
no there is no minimum investment. We recommend to invest at least 1 ETH just because of the gas for Ethereum.
But this is of course up to your decision. According to page 46 of our whitepaper, you can benefit from privileges as a Pumped Residence Card Holder starting at 10 ETH exchange amount.
Rgds, Onik
January 30, 2018, 01:10:57 PM
You want 200k ETH for a content sharing platform? That's more than $200 mil +++
Please explain your use of funds properly, why so much?
Please explain your use of funds properly, why so much?
Hello Saleemlala,
Thanks a lot for this important question! You are welcome to contact me directly if you have further remaining questions.
This whitepaper includes all information: https://www.multra-gmbh.com/files/Pumped-Whitepaper.pdf
TO ANSWER YOUR QUESTION…
1. Higher hard costs for physical assets
Pumped is not only a content sharing platform but it introduces a new content economy with five pillars that are outlined on page 16 of the Pumped whitepaper. Having a close look on these pillars will show that Pumped is not only a virtual platform but also has real life aspects. The five pillars require higher budget than just software development and marketing.
For example:
• According section 5.1 on page 32 of the Pumped whitepaper, a physical Pumped Residence will be set up. This involves costs for property and a building (hard assets).
• Under section 8.7 on page 46 of the Pumped whitepaper, ICO investors have all time access and even free accommodation and hospitality based on the exchange amount they invest during ICO (physical service and operations).
2. Higher hard costs for talented people and quality services
Talented people that create measurable impact have higher salaries. Highly qualified people with expertise, passion, spirit and discipline are required to succeed with the Pumped mission and to ensure power, prosperity and pleasure in the service of consumers, publishers and investors.
For example:
• We focus on clean business operations especially in legal terms. For that reason, we comply with upcoming regulations beforehand to secure the investment of our ICO investors in compliance with requirements of regulators:
https://www.youtube.com/watch?v=iT_byeL1qMU&index=2&list=PL0Eq8CIcJZgIgAb5CrHphp_2FuWkUKb01
• The DApp development will be aligned with the vision of Vitalik Buterin and the mission of Ethereum:
https://www.youtube.com/watch?v=3tzNpHSKfQA&list=PL0Eq8CIcJZgIgAb5CrHphp_2FuWkUKb01&index=3
• We will need to recruit and retain local teams in various parts of the world to implement and ensure accurately that the exercise bears fruit for publishers and consumers of quality news content. This will be a sophisticated process which requires us to take highly qualified and committed talent on board.
3. Higher infrastructure costs to build a product that disrupts the status quo
Pumped is intended for a global roll-out winning the same relevance for news media as Instagram for photography.
For that reason:
• Since 2014, MulTra GmbH is a limited liability company incorporated in Frankfurt am Main which benefits from German infrastructures and consistently pays taxes to help maintain these infrastructures. Rather than setting up an offshore vehicle to avoid taxes, we have decided to accept the burden of Federal corporate and local commercial tax. Despite high tax rates, we trust that buyers of MTT will appreciate this commitment to the city that allows us to operate under excellent and constantly improving conditions.
• The Pumped Economy is capable of rebalancing revenue streams in a very substantial global industry. Despite the structural simplicity of the Pumped system, its implementation as an addition to the highly sophisticated and engrained global news market system will be a major operation.
• The system will need to be adjusted to different technical and cultural environments in various parts of the world (EMEA, North America, Latin America, China, Japan, Subcontinent etc.). We anticipate that this will trigger the need for adjustments of the Pumped Technology.
The tax burden is mitigated by the fact that the quality which we managed to achieve for the ERC20 compliant code allowed us to proceed without the burden of a pre-sale. This has saved a considerable expenditure and it has relieved buyers of the risk that the token may be insufficient.
The quality focus on the product is confirmed by independent rating on ICOBench:
https://icobench.com/ico-analyzer?ico=pumped
4. Page 49 of the Pumped whitepaper shows the budget allocation for the 200k ETH.
20% - Economy Development
20% - Residence Opening
10% - DApp Development
10% - Rewards Onboarding
2% - Rewards Platform
2% - Publisher Onboarding
4% - DApp Marketing
10% - Contractors
13% - Legal and Administration
9% - Contingency
Many thanks,
Onik Mia [MulTra GmbH]
January 29, 2018, 06:18:05 AM
only one tweet and I'll go further, if you want, you can thanklessly thank me, the address is on my page on Twitter
https://twitter.com/Bill_Djons/status/957934916427288576 January 29, 2018, 05:31:15 AM
You want 200k ETH for a content sharing platform? That's more than $200 mil +++
Please explain your use of funds properly, why so much?
Please explain your use of funds properly, why so much?
Lol, so much money.
You guys expects so much from just ICO like this.
No doubt the ICO price is too costly you need to do something about it
January 29, 2018, 02:33:40 AM
is there a minimum investment?
January 29, 2018, 02:22:41 AM
You want 200k ETH for a content sharing platform? That's more than $200 mil +++
Please explain your use of funds properly, why so much?
Please explain your use of funds properly, why so much?
January 29, 2018, 01:46:27 AM
ICO START: 19. February 2018
Summary
Pumped is the first and only platform that guarantees 100% ad revenue for publishers at zero cost and pays readers for reading news! While movie and music distributors like Netflix and Spotify have established successful subscription-based revenue models, online news publishers have struggled to replicate their success and are thirsty for platforms outside the dominant duopoly of Facebook and Google to attract new traffic. Pumped connects digital news publishers and readers to monetize content seamlessly and rewards readers for their attention and consumption. The Pumped ecosystem has been designed in collaboration with major international news publishers to shape the future of news.
About the Developer
MulTra GmbH, the company that has developed the Pumped ecosystem, was founded in 2014 and is based in Frankfurt, Germany. Its clients include Deutsche Bank, Samsung, Huawei, BMW, GlaxoSmithKline, Lenovo, Johnson & Johnson and many more. In 2015 and 2017, MulTra GmbH’s digital products received multiple awards from the European Commission for their innovative strengths and impactful nature. MulTra GmbH is a member of the Enterprise Ethereum Alliance. In 2015 and 2017 the digital content products of MulTra GmbH have been multi-awarded by the European Commission.
The New Content Economy
Online News publishers made the historic mistake of not convincing consumers early-on that quality content deserves a fair remuneration. Pumped provides the opportunity to not only correct this mistake but to change the way we consume news.
The Pumped App uses machine learning to connect publishers and readers to create a new content economy in which both are seamlessly rewarded for their publication and consumption. Publishers earn 100% ad revenue while readers are paid for reading, curating and engaging with news from the Pumped App. This new content economy is powered by the MulTra Token (MTT), which serves as the fuel of the Pumped ecosystem.
The Future of Digital News
Pumped is a for-profit business and is in the business of profiting others. It promotes high-quality news sources and silences sensationalism and agenda-driven fake news. It is not just free for everyone to use, it pays everyone for using it.
Publishers are seamlessly signed up through their RSS feeds which are beautifully displayed in the Pumped App for readers to consume news. It utilizes machine learning to understand consumer preferences, so consumers can consume and engage with their preferred content types. Readers are rewarded with MTT for reading, curating, sharing and engaging with the news content.
Earned MTT can be used to pay for premium subscription-based services provided by news publishers, traded on crypto exchanges for their market value or used for different services on the Pumped Partners platform. This way, readers make money with their own attention, instead of others making money off them.
Join Pumped - the new content economy!
Shape the future of news by joining the Pumped Initial Token Offering and purchasing your tokens at a highly discounted rate before the MTT are listed on the crypto exchanges in 2018. As adaption and popularity increase worldwide for the first platform that pays for reading news, so will the value and circulation of the MTT. Pumped's popularity will dramatically increase with catchy marketing headlines like "Get Paid for Reading News", bringing millions of people into the crypto world for the first time with MTT as their first crypto-currency.
The Pumped system is technically robust
The MTT solidity code and the smart contract got an immediate positive response from the Ethereum Community, 12,000 peers endorsed them immediately upon release. The Pumped ITO follows a KYC and AML compliance process and was submitted to the regulatory authority.
INFO - Initial Token Offering (MTT)
ITO START DATE: 19.02.2018, 15:00 CET
TOKEN NAME: MulTra Token
TOKEN SYMBOL: MTT
TOKEN PROTOCOL: ETH, ERC20
CROWDSALE SUPPLY: 500,000,000 MTT
HARD CAP: 48,847 ETH
REGULAR PRICE IN ICO: 1 ETH = 7,000 MTT
Bonus (ETH/MTT Exchange Rate):
Stage 1 (< 100,000,000 MTT): 1ETH = 15,000 MTT
Stage 2 (100,000,000 - 200,000,000 MTT): 1ETH = 13,000 MTT
Stage 3 (200,000,000 - 300,000,000 MTT): 1ETH = 11,000 MTT
Stage 4 (300,000,000 - 400,000,000 MTT): 1ETH = 9,000 MTT
Stage 5 (400,000,000 - 500,000,000 MTT): 1ETH = 7,000 MTT
ACCEPTED EQUIVALENTS: ETH
Pumped Whitepaper: https://www.multra-gmbh.com/files/Pumped-Whitepaper.pdf
Learn more: https://www.pumped-crypto.io/
Social Media Channels and more Information
Telegram: https://t.me/joinchat/HNxDzhKsfgST0feSX5moZg
Facebook: https://www.facebook.com/pumpedcrypto/
Medium: https://medium.com/@pumpedcrypto
Twitter: https://twitter.com/PumpedCrypto
Instagram: https://www.instagram.com/pumped_crypto/
Github: https://github.com/multra-gmbh/pumped-crypto
Reddit: https://www.reddit.com/user/Pumped-Crypto/
LinkedIn Company Link: https://www.linkedin.com/company/4858083/
Video: https://www.youtube.com/watch?v=HMkScurzxfY&list=PL0Eq8CIcJZgIACR-vbSdi1QIB1ASUKdG1
Youtube Channel: https://www.youtube.com/channel/UCfbYuaGzyFWbS-T93li7lqg
MulTra Token (MTT) Bounty
Telegram Bounty
Facebook Bounty
Media Outreach Bounty
Features in Mainstream Media
Features in Crypto Media
The proof should be sent via e-mail by attaching a screenshot. The email should include the wallet address to which the MTT can be transferred.
Email: [email protected]
Find more Bounty here soon!
Contact Information
MulTra GmbH
Rüsselsheimer Str. 22 B
60326 Frankfurt am Main
Hessen, Germany
VAT-ID: DE 300 27 30 84
Registry: HRB 101505
AG Frankfurt am Main
CEO & Founder: Onik Mia
[email protected]
+49 (0) 69 – 668 199 199
Summary
Pumped is the first and only platform that guarantees 100% ad revenue for publishers at zero cost and pays readers for reading news! While movie and music distributors like Netflix and Spotify have established successful subscription-based revenue models, online news publishers have struggled to replicate their success and are thirsty for platforms outside the dominant duopoly of Facebook and Google to attract new traffic. Pumped connects digital news publishers and readers to monetize content seamlessly and rewards readers for their attention and consumption. The Pumped ecosystem has been designed in collaboration with major international news publishers to shape the future of news.
About the Developer
MulTra GmbH, the company that has developed the Pumped ecosystem, was founded in 2014 and is based in Frankfurt, Germany. Its clients include Deutsche Bank, Samsung, Huawei, BMW, GlaxoSmithKline, Lenovo, Johnson & Johnson and many more. In 2015 and 2017, MulTra GmbH’s digital products received multiple awards from the European Commission for their innovative strengths and impactful nature. MulTra GmbH is a member of the Enterprise Ethereum Alliance. In 2015 and 2017 the digital content products of MulTra GmbH have been multi-awarded by the European Commission.
The New Content Economy
Online News publishers made the historic mistake of not convincing consumers early-on that quality content deserves a fair remuneration. Pumped provides the opportunity to not only correct this mistake but to change the way we consume news.
The Pumped App uses machine learning to connect publishers and readers to create a new content economy in which both are seamlessly rewarded for their publication and consumption. Publishers earn 100% ad revenue while readers are paid for reading, curating and engaging with news from the Pumped App. This new content economy is powered by the MulTra Token (MTT), which serves as the fuel of the Pumped ecosystem.
The Future of Digital News
Pumped is a for-profit business and is in the business of profiting others. It promotes high-quality news sources and silences sensationalism and agenda-driven fake news. It is not just free for everyone to use, it pays everyone for using it.
Publishers are seamlessly signed up through their RSS feeds which are beautifully displayed in the Pumped App for readers to consume news. It utilizes machine learning to understand consumer preferences, so consumers can consume and engage with their preferred content types. Readers are rewarded with MTT for reading, curating, sharing and engaging with the news content.
Earned MTT can be used to pay for premium subscription-based services provided by news publishers, traded on crypto exchanges for their market value or used for different services on the Pumped Partners platform. This way, readers make money with their own attention, instead of others making money off them.
Join Pumped - the new content economy!
Shape the future of news by joining the Pumped Initial Token Offering and purchasing your tokens at a highly discounted rate before the MTT are listed on the crypto exchanges in 2018. As adaption and popularity increase worldwide for the first platform that pays for reading news, so will the value and circulation of the MTT. Pumped's popularity will dramatically increase with catchy marketing headlines like "Get Paid for Reading News", bringing millions of people into the crypto world for the first time with MTT as their first crypto-currency.
The Pumped system is technically robust
The MTT solidity code and the smart contract got an immediate positive response from the Ethereum Community, 12,000 peers endorsed them immediately upon release. The Pumped ITO follows a KYC and AML compliance process and was submitted to the regulatory authority.
INFO - Initial Token Offering (MTT)
ITO START DATE: 19.02.2018, 15:00 CET
TOKEN NAME: MulTra Token
TOKEN SYMBOL: MTT
TOKEN PROTOCOL: ETH, ERC20
CROWDSALE SUPPLY: 500,000,000 MTT
HARD CAP: 48,847 ETH
REGULAR PRICE IN ICO: 1 ETH = 7,000 MTT
Bonus (ETH/MTT Exchange Rate):
Stage 1 (< 100,000,000 MTT): 1ETH = 15,000 MTT
Stage 2 (100,000,000 - 200,000,000 MTT): 1ETH = 13,000 MTT
Stage 3 (200,000,000 - 300,000,000 MTT): 1ETH = 11,000 MTT
Stage 4 (300,000,000 - 400,000,000 MTT): 1ETH = 9,000 MTT
Stage 5 (400,000,000 - 500,000,000 MTT): 1ETH = 7,000 MTT
ACCEPTED EQUIVALENTS: ETH
Pumped Whitepaper: https://www.multra-gmbh.com/files/Pumped-Whitepaper.pdf
Learn more: https://www.pumped-crypto.io/
Social Media Channels and more Information
Telegram: https://t.me/joinchat/HNxDzhKsfgST0feSX5moZg
Facebook: https://www.facebook.com/pumpedcrypto/
Medium: https://medium.com/@pumpedcrypto
Twitter: https://twitter.com/PumpedCrypto
Instagram: https://www.instagram.com/pumped_crypto/
Github: https://github.com/multra-gmbh/pumped-crypto
Reddit: https://www.reddit.com/user/Pumped-Crypto/
LinkedIn Company Link: https://www.linkedin.com/company/4858083/
Video: https://www.youtube.com/watch?v=HMkScurzxfY&list=PL0Eq8CIcJZgIACR-vbSdi1QIB1ASUKdG1
Youtube Channel: https://www.youtube.com/channel/UCfbYuaGzyFWbS-T93li7lqg
MulTra Token (MTT) Bounty
Telegram Bounty
- 10 MTT for joing the Pumped Crypto Telegram Group: https://t.me/joinchat/HNxDzhKsfgST0feSX5moZg
- 10 MTT for posting MulTra Token (MTT) Information and Pumped Crypto Whitepaper in ICO related Telegram Groups
Facebook Bounty
- 10 MTT per like and subscribe to the Pumped Crypto Facebook Group:
https://www.facebook.com/pumpedcrypto/
- 10 MTT for posting MulTra Token (MTT) Information and Pumped Crypto Whitepaper in ICO related Facebook Groups
Media Outreach Bounty
Features in Mainstream Media
- 4000 MTT per article published on sites like Forbes, CNN, Bloomberg, NYT etc.
Features in Crypto Media
- 2000 MTT per article published on sites like Cointelegraph, CCN, Bitcoin News etc.
The proof should be sent via e-mail by attaching a screenshot. The email should include the wallet address to which the MTT can be transferred.
Email: [email protected]
Find more Bounty here soon!
Contact Information
MulTra GmbH
Rüsselsheimer Str. 22 B
60326 Frankfurt am Main
Hessen, Germany
VAT-ID: DE 300 27 30 84
Registry: HRB 101505
AG Frankfurt am Main
CEO & Founder: Onik Mia
[email protected]
+49 (0) 69 – 668 199 199
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