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Buy Minerva ICO Whitelist
- $0 - 1MM: 40% discount ($1,666,667 in token value) = 2,777,778 OWL
- $1MM - 5MM: 30% discount ($5,714,286 in token value) = 9,523,810 OWL
- $5MM - 10MM: 20% discount ($6,250,000 in token value) = 10,416,667 OWL
Because of the reverse transaction fees paid to merchants, they should be able to offer them discounts.
It is quite clear that Minerva’s strategy focuses on onboarding merchants first, on the assumption that users will naturally follow. OWLs have something known as a ‘reward rate,’ which is the rate that new OWLs are ‘minted’ and inserted into the circulating supply. This reward rate and the price of OWL are directly proportional. Hence in a scenario where the OWL token price is rapidly increasing, the supply of OWL rises proportionally thus preventing large price spikes. The reward rate is capped at a maximum of 10%, and as long as it is positive, a portion of it is taxed for Minerva’s operational costs. Hence, the OWL tokens still have plenty of room to appreciate in value; the idea is merely to prevent dramatic short-term spikes. When the OWL price is decreasing, Minerva will incentivize users to temporarily take OWL tokens out of circulation. This will be done by giving them the option to freeze their OWL tokens for a period in exchange for a potential bonus. The greater the price decline, the higher the bonus offered. These bonuses are sourced from the MVP vault. Should the vault be exhausted, no bonus incentives will be offered, and the price will continue to decline. Minerva’s US-based team is small; consisting of only 11 people. The founders appear to be internet marketing veterans, which may be useful for the marketing side of this project but raises the question of technical ability to execute. Their advisory team is also small and don’t have any well-known names on the list. Minerva has broken its development roadmap into seven tiers, from Tier 0 to Tier 6. At present, it has completed Tier 0 and is at Tier 1, carrying out its bug bounty program and doing further testing on its MVP protocol. Worryingly, unlike most other blockchain projects which state a target completion date for each stage of their roadmaps, Minerva has not put any target dates whatsoever. The lack of any concrete timeline is not a positive indication in the least. At present, Minerva is being developed on the Ethereum platform. No further details have been provided on this planned hard fork. The lack of details again raises concerns as it can impact the viability of the entire project. Minerva recently announced on its (sparsely populated) blog that it has signed on its first approved platform. It claims that this platform does over $20m in revenues with more than 10 million users. And it’s also an adult webcam site. If this happens, it will affect Minerva’s public perception which might, in turn, affect the chances of merchants applying for its platform. Needless to say, this would be a big negative for Minerva. At the time of this writing, the dates for Minerva’s token sale remain up in the air. One thing the team has confirmed is a soft cap of $1m and a hard cap of $10m. They have also said that presale registrations will be opened up ‘very shortly,’ sometime during the first quarter of 2018. In the fast-paced world of blockchain startups and ICOs, Minerva is moving very slow, far too slow for its own good. The Minerva project was announced sometime in August 2017, and while that generated a good bit of buzz for the project, it has since largely died down. It’s not difficult to see why. Minerva’s blog barely has any content.
Buy Minerva ICO Allocation
- Clear competitive differentiation – retailers provided with monetary incentives for participation
- Token demonstrates clear functional value
- Mutli-million retail partnership signed in pre-product release
It doesn’t have its own subreddit.
Its Twitter account is not very active. It doesn’t have any concrete timeline for achieving its roadmap or any hard dates for its token sale. This doesn’t look good for the project at all. While Minerva has a great concept (reverse transaction fees coupled with price stability mechanisms), it looks as if the execution leaves a lot to be desired. Despite the onboarding of their first merchant, the platform’s viability still seems to be up in the air at the moment, especially with the planned hard fork. The slowness of Minerva’s execution means that buzz and hence the short-term potential for its OWL token doesn’t look very promising at all. And if Minerva can’t perform well in the short term, or raise sufficient funds from its tokens sale, then its long-term potential looks similarly bleak. What are your thoughts on Minerva? Can the team push through and execute on their vision? Let us know your views in the comments below. Featured Image from Shutterstock. is a leading independent blockchain news outlet that maintains the highest possible professional and ethical journalistic standards. Journalists are required to meet our and guidelines. Minerva is a platform built on the Ethereum blockchain, and its primary token is Minerva OWL. The aim of Minerva is to address mainstream cryptocurrency adoption issues and provide partnered businesses with incentivized payment solutions. Minerva will be used on carefully selected platforms which are subjected to rigorous auditing and transparency agreements. It is unlikely we will consider parterning with any platform with a < 15,000 Alexa ranking. Minerva is a platform and the OWL token is its currency. In addition to being a cryptocurrency, we are the world’s first reverse merchant processor. Minerva is brought to you by Minerva Technologies S.a.r.l., a Luxembourg based blockchain technology company comprised of team members and advisors from around the world. The crowdfunding portal will be self adjusting to the current price of ETH (Ethereum) at the time of contribution. We will adjust the hard cap of the ICO, prior to the official launch, based on the amount raised in presale. If, $5MM raised presale, our ICO’s hard cap will be set to $30MM worth of ETH. The primary issue with a discount model (and fluctuating price of ETH) is trying to cap the amount of tokens that can be distributed prior to launching the smart contracts. This method will let us reach our hard cap and make sure we can make good on our discounts. Side Note: If presale hard cap is not reached, the main adjustable number for our public ICO is the amount of ETH we accept in the 1% discount range. This will allow our discounts rates to be consistent and still reach our hard cap. ICO ADVISOR | CONSULTING | EXCHANGES ListingRated on Apr 4, 2018 8%weight This rating’s weight is reduced by 50% as there is no review added. Icodriver…expert launching ICOs, Influencer, IT expert.Rated on Dec 27, 2017 15%weight Since,i miss too much in this project) Hope the best. 3 people agree 7%weight This rating’s weight is reduced by 50% as there is no review added. Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | MentorRated on Mar 20, 2018 7%weight This rating’s weight is reduced by 50% as there is no review added. 15%weight Strong vision and Product!
Buy Minerva ICO Account
- Team is not strong enough.
- Shady Advisors.
Best of luck guys!
4%weight This rating’s weight is reduced by 50% as there is no review added. 3%weight This rating’s weight is reduced by 50% as there is no review added. Tech Entrepreneur & Blockchain EnthusiastRated on Mar 6, 2018 7%weight Haven’t seen this idea so far. Could be a big deal! 33%weight Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer’s results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.Ratings and ICO analyzer results are being updated (re-calculated) every few hours. This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to TokenMarket and TokenMarket has no involvement in it (including any technical support or promotion). Token sales listed from persons that TokenMarket has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Please refer to our website terms and conditions. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns. Please also review our Sector Risk Warnings page here before you decide whether to commit any of your assets in respect of this product or service (or any other). Each Token project is different and the need for TokenMarket services varies - therefore sometimes all services are not provided and sometimes additional services are requested. TokenMarket receives compensation from the Token project for the provision of the services. The exact nature of the compensation varies. Depending on project and stage of the Token Sale TokenMarket receives a fixed fee and/or a percentage fee based on the volume of the sale. The average size of the total compensation is a mid to low single digit percentage. The fee paid is paid in the currency of the Token sale or in the Token itself. Minerva aims to incentivize approved merchants to adopt its cryptocurrency as a new payment method. Incentivization is achieved by rewarding these merchants with newly minted OWL. These are generated at a variable rate as OWL. Allocation: Twitter – 12.2k followers, couple of posts per day. On average, 900 retwitts and 500 likes per post. Facebook - 2900 followers, couple of posts per day. On average 200 likes. Token Sale Period isn’t set. Minerva makes no guarantees of specific timeframes, and certain roadmap items may take outof-order precedent over others but they aim to do all listed below in 2018. Tier 1 Advanced Internal Security Audit, Bug Bounty Program (Tier 1), Advanced Simulations and Modifications, MVP (Minerva Volatility Protocol) Beta, Exchange Integration Communications. Key members: Kol Shtufaj: Creative Director Brand & UX/UI with great experience working in WWE. Keidi S. Carrington: Attorney with ties in State Street Bank and SEC.
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Jevgenijs Steinbuks: Founding economic advisor.
Working also as Economist at The World Bank. With cryptocurrencies going mainstream, more and more people are asking how trading and holding of it should be reported to the tax authorities in their respective countries. And not only are people wondering, even the tax authorities themselves sometimes seem to have a hard time figuring out how they should deal with it. Although guidelines in many countries remain unclear, we do know that the authorities have stepped up their efforts in uncovering unreported crypto fortunes with new measures. According to current regulations in the US, the IRS considers cryptocurrency as “property” for tax purposes, meaning each and every transaction is in fact reportable and taxable. This includes trading from fiat to crypto as well as from one crypto to another crypto. Although everyone was, of course, technically required to report their holdings and profits, very few did. The tax authorities didn’t know anything about bitcoin, and the risk of getting caught was small. This first started to change after the dark web marketplace Silk Road was shut down, most recently in 2014. Then came the extreme bull market of 2017, a lot more people got involved with crypto, and a lot of money was made in the market. And as always when someone is making a lot of money, the government wants its share of it. Today, taxes are again a hot topic of discussion among cryptocurrency investors, with many feeling anxious about previously unreported gains made in the crypto market. “The number one issue people come to me with is obviously taxation. The new Trump tax reform in the US really screwed a lot of people, and now even intra-crypto trades are taxable,” Andrew explained. Unfortunately, he said, the old strategy of leaving one’s home country only to “become a resident of nowhere” is increasingly not working. He explains that the IRS in the US is “really aggressive,” and that there is a real risk they will bust anyone who tries to evade taxes. In addition, Andrew said, “you’re probably going to want to spend the money some day. Each quarter, the IRS publishes a list of Americans who have renounced their citizenship in the quarter. The United States is one of very few countries in the world that taxes its non-resident citizens on their global income. Unfortunately for many of the readers, non-US citizens will therefore have an easier time implementing some of the strategies for lowering their crypto tax bill. Because of all this, it’s important to distinguish between US citizens and citizens of other high-tax countries when it comes to regulations and taxes related to crypto. If this means a significant monetary loss to you, it may well be worth it exploring options for relocating yourself. Featured image from VCG.com. This way we may see it actually be widely used. Other than that, or from the technical point of view this token wouldn’t be anything different that other coins that we’ve already got. The site’s design is pretty good. I like it. The information provided is too simplistic, in my opinion. The team is quite acceptable, little information about their skills. Minerva is a platform built on the Ethereum blockchain. TBA Fundraising progress: 0 USD of 10,000,000 USD PRE-SALE: Team: 8 persons ICO Min/max personal cap: 0.00 / 0.00
Buy Minerva ICO Airdrop
ICO Token Price: 0.00 USD, 0.00 ETH, 0.00 NEO
Total Tokens: 100,000,000 Available for Token Sale: 60% CONTACTS [email protected] [email protected] © 2018 Ingello Minerva is a decentralized central reserve. We pay transaction fees to businesses, we don’t charge them. We address cryptocurrency adoption issues by introducing commerce-disruptive incentivized payment solutions to accelerate the mainstream adoption of cryptocurrency and smart contracts. Minerva is the world’s first reverse merchant processor.