Monolith Crypto Coin Rank 4387
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Monolith price in US dollars is currently
0.0659
USD, and if converted to
Bitcoin is
0.00000255
BTC. A total of
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ICO Status
Monolith ICO Details
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
Security Audit Company
N/A
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%