About Midas Protocol

Midas Protocol Since the birth of Bitcoin, distributed ledger technology is on the tip of everyone’s tongue, from executives to technologists. It has created a completely new class of asset. Follow the interest in the new technology, the need for trading the new asset has grown up phenomenally. Global volume in cryptocurrency markets had passed $50 billion, close to the average turnover on New York Stock Exchange In the first quarter of 2018, Binance surpassed Deutsche Bank - Germany’s largest and one of Europe’s biggest banks, in profitability

. Binance, a cryptocurrency startup that was non-existent merely 8 months ago beat out a leading bank that has been established for 148 years. A startup with 200 employees beats out a banking giant with100,000 employees.
In the 9 months before the January 2018 theft, which was the biggest ever recorded exchange hack, Japan-based crypto exchange Coincheck made a profit of $500 million while Japan Exchange Group, which owns the Tokyo Stock Exchange and Osaka Exchange, earned $600 million for all of 2017. Coinbase exceeded $1B in revenue in 2017. Global trade volume (24h period) in cryptocurrency markets recently surpassed $50 billion. Global adoption of cryptocurrency is still less than 1%. These numbers show great potential for growth, especially in crypto trading and investment. In this chaos yet undoubtedly phenomenal era of crypto world, investors and even experienced crypto traders are faced with security risks, lost in an ocean of news and often
confused by the complexity, fragmentation and general lack of quality of cryptocurrency investment & management options. Crypto investment opportunities are therefore usually limited to sophisticated investors or high net worth individuals. The process of managing.wallets, securing private keys and working with crypto-exchanges is still the major barrier to most inexperienced investors. That is a total contrary to blockchain's decentralization ideals

.Midas Protocol recognized these many pressing issues with cryptocurrency investment today, and is offering a complete solution. We are launching a platform that will allow investors to buy, sell, exchange and spend a whole array of crypto-assets all under one place. We provide a universal tool which helps the average person without much technical knowledge can take part in this revolution.

Basic Information

Name	Midas Protocol
Language	English
Social Media
Symbol	MAS
Total Nr. of Token	500,000,000
Accepted currencies	Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC) All ERC-20 TOKEN
Platform	Crypto wallet for all type of cryptocurrencies & tokens
Hard Cap/ Soft cap	18000/5000 ETH
Whitepaper	Click Here For View Whitepaper
Website	Click Here For Visit ICO Homepage

​Token Purchasers​ Benefit from Midas Foundation

Midas Pioneer (contributors during Pioneer Sales) will be able to submit the projects that they support and would want to nominate for public reviews Midas Token holders will have the chance to engage in new projects as new investment opportunities from the very early stage. Hence, the investment into Midas will not stop at Midas but will open more opportunities in the future..

Tokenomics

Midas tokenomics that design and set the rules for the Midas economic ecosystem clearly define where and when Midas token will be used. By using game theory and incentives, the use of the Midas token will become desirable by all stakeholders of the ecosystem: users/traders, exchanges and third-party products/services providers (AI service providers, curated information providers, e-commerce platforms, payment gateways). Midas Protocol aim to: 1. Provide a significant advantage to users of Midas token 2. Incentivise users/traders to be early adopters of Midas token 3. Incentivise users/traders to bring newcomers to the ecosystem 4. Provide growth factors for the market value of Midas token 5. Incentivise token purchaser/user to hold Midas token for a long time

MAS Vesting plan

To ensure commitment, all tokens distributed to the team and advisors are subject to vesting. Vesting model ensures more value and security for the token contributors. Vesting provides more loyalty from the core team towards the project and ensures that MAS is not subject to market manipulation and provides stable market development for the MAS token. Vesting is a way for the Midas Protocol team to show the commitment and loyalty for the Midas Protocol project. MAS tokens for the team will be vested in 5 years as shown below: ● After 6 months: 10% ● After 1 year: 20% ● After 2 years: 20% ● After 3 years: 20% ● After 4 years: 20% ● After 5 years: 10%

Market Strategies

At early stage, Midas will work closely with Kyber Network for integration and acquire users using related network effect from Kyber Network supporters community. After that, Midas will then continue to approach more exchanges and get wallet exchanges integration with as many exchanges as possible so that to give to users/traders a wide choice to trade. The exchanges that we aim to approach first are Binance, Huobi, Idex, Coinbar... This list is not exhaustive. In term of geographic locations, midas will aim to go to early adopters of crypto space such as Japan, Korea, ASEAN, Switzerland, Middle East and developing markets such as Eastern Europe, South America, Africa and India. A strong partnership program will then be crafted and executed thoroughly at a global scale. At the In-App level, Midas will reward users to introduce new user with un-withdrawable Midas token for using in our platform. The new user will also receive the same amount of rewarded token for joining. Besides, Midas established Midas Community Ambassador Program for global outreach. Midas Community Ambassador Program is our initiative to acknowledge and thank top influencers for helping the company increase mainstream global adoption and reaching to more users/traders worldwide. The territory ambassadors in exchange for their effort to push for users adoption will be entitled for profit sharing from in-app advertising revenue under the form of non-exclusive advertisement licensee for the territory they represent. We have received overwhelming interest from many countries & regions to participate in Ambassador Program: North America (USA, Canada), South America (Chile, Argentina), Europe (Switzerland, Germany, France, UK), Asia (China, Japan, Korea, Taiwan, India, Singapore, malaysia, thailand ,vietnam

Team

Member	Dr. David Nguyen, PHD CHAIRMAN & CHIEF FINANCIAL OFFICER Minh Chu CHIEF EXECUTIVE OFFICER Long Phan CHIEF OPERATING OFFICER Phillip Phung CHIEF MARKETING OFFIC Ngoc Nguyen CHIEF TECHNOLOGY OFFICER

Also Read – Click Here for Read All ICO Review

[su_quote]This article is writing on 23 May 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- 918077121282[/su_quote]

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Posted from my blog with SteemPress : https://coinworldstory.com/midas-protocol/

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