Hello Community,
We launched MTR with a very large premine for two main reasons – to allow for
long-term price support for investors, and to allow us to
fund the development,
promotion and growth of ToshiDesk. We have spent the last few weeks building our business plan and laying out the plan for how the premine will be used over the next five years and that will be released very soon.
Behind these plans are two guiding factors: to ensure that we are able to continue building ToshiDesk, and to ensure that our investors are supported. These factors are of equal importance to our team, and are a part of every decision we make.
Our business plan and plan for using the premine will be shared with the community. We expect that the premine will be used, over a minimum 5 year period, for promotions, partnerships, to fund future development and to provide equity in ToshiDesk to the ToshiDesk team. Building a world-class product requires resources – developers, hosting, software licenses, promotions, public relations and more.
To give you an idea of the costs associated with this operation, during the last three months we have built ToshiDesk, funded the infrastructure to run it on, funded various software purchases/licensing cost and funded partnerships with data providers. Additionally, my developers have spent these five months working full-time, building both the ToshiDesk charting library, Content Management System, and all of the backend systems necessary to support all of the data we are providing.
We are now at the stage where we are beginning are transition and build into ETNA framework, and the bills are starting to pile up. Not to say, we wont continue to front the cost associated with development...but we believe its fair to launch an ICO to help with the cost associated with this.
The ICO that we are laying out now would be used for promotions, and to cover some of the costs accrued to date – and allow us to continue to develop at our current pace.
We have done our part and listened to the community along with the suggestions voiced and we have structured this MTR Release to reflect that.
(LOYAL INVESTORS) PHASE 1 STARTS IN:
300K MTR 3 PHASE ICO DETAILS:
PHASE 1*:
50K MTR will be released at the price point of 75K Sats and be available for (7) calendar days.
*( STRUCTURED TO REWARD OUR EARLY MTR INVESTORS, AND MUST BE AN EARLY PHASE 1 OR 2 INVESTOR TO TAKE PART IN THIS PHASE! )
PHASE 2:
100K MTR will be released at the price point of 100K Sats and be available for (7) calendar days following the completion of PHASE 1
PHASE 3:
150K MTR will be released at the price point of 125K Sats and be available for (7) calendar days following the completion of PHASE 2.A total of 300K MTR will be released during these 3 phases.Quarterly Disbursements: (5 year plan)The MTR Administration will also start our 5 year distribution plan we have set forth in our business plan on July 1st. What does this mean?
This means that the MTR Administration will begin to disburse quarterly payments in the amount of (60K MTR) to (3) separate wallets. Who owns these wallets?
These wallets are in the possession of the (3) owners that hold stake in ToshiDesk LLC. How much MTR will be disbursed quarterly to the (3) owners wallets?
This has been a topic we have put alot of thought into, and we have come up with the 5 year plan that will account for (1M) MTR being set aside for each of the (3) wallets. This means each quarter (60K) MTR will be released to each owners wallet, with the first quarterly payment due to be disbursed July 1st, 2015We have every intention to follow through with what we have laid out, and to date have done just that. It is important to all of us that we have the support of our community and are ready and willing to respond to all questions that you have.
Thank you and we look forward to your support!
If you struggle with trading and wish to better your trading fundamentals, do yourself a favor and sign up for ToshiDesk today!
www.ToshiDesk.com/betaPlease add us on Twitter and Facebook: @ToshiDesk @MTRDevelopers
FB:
https://www.facebook.com/profile.php?id=100009286773560 FB:
https://www.facebook.com/MasterTraderCoinCheers,
MasterTrader777
www.ToshiDesk.com/beta www.MasterTraderCoin.com[email protected]
